Global Gift Cards Market Size
According to Straits Research analysis, the Global Gift Cards Market was valued at USD 1206.48 Billion in 2024 and is projected to reach USD 2895.09 Billion by 2030, expanding at a CAGR of 15.5% during the forecast period. The retail industry primarily uses gift cards to promote customer loyalty and increase sales during holiday seasons. Key drivers include technological advancements, such as digital gift cards and mobile applications, which make purchases more seamless and convenient. Corporates are also increasing demand, leveraging gift cards for employee incentives and customer engagement. Emerging trends such as customized and personalized gift cards present significant growth opportunities. Sustainability is another focus, seen in eco-friendly, reusable, and recyclable gift card materials. As countries focus on digital transformation, they position themselves favorably for increased accessibility and growth in the global gift cards market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Gift Cards Market Highlights
- In 2024, Open-loop Card accounted for the highest share of the Card Type market size.
- During the forecast period, Closed-loop Card is set to register the highest growth, making it the most lucrative Card Type segment.
- United States is projected to lead the global gift cards market size by 2030.
- Across Global, Europe is anticipated to hold the dominant position in market by 2030.
- Asia Pacific is forecasted to expand at the fastest pace in Global, attaining USD 9343.52 Billion by 2030.
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Report Summary
| Report Scope |
Details |
| Base Year for Study |
2024 |
| Study Period |
2021-2030 |
| Historical Period |
2021-2023 |
| Forecast Period |
2025-2030 |
| Market Size In 2024 |
USD 1206.48 Billion |
| Market Size In 2030 |
USD 2895.09 Billion |
| Largest segment |
Open-loop Card |
| Fastest segment |
Closed-loop Card |
| Units |
Revenue in USD Billion |
| CAGR |
15.5% (2025-2030) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Global Gift Cards Market Share By Card Type
Segmentation Covered
| Segments |
Sub Segments |
| Region |
- North America
- Europe
- Asia Pacific
- Middle East And Africa
- Latin America
|
| Card Type |
- Open-loop Card
- Closed-loop Card
|
| End-User |
- B2B
- B2C
|
Global Gift Cards Market By Region 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Gift Cards Market By Card Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Gift Cards Market By End-User 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.