Mexico Gift Cards Market Size & Outlook, 2025-2030
Mexico Gift Cards Market Size
According to Straits Research analysis, the Mexico Gift Cards Market was valued at USD 1.42 Billion in 2024 and is projected to reach USD 3.77 Billion by 2030, expanding at a CAGR of 18% during the forecast period. The main driving force behind this growth is the increasing digitalization in the retail sector and the growing e-commerce industry. Additionally, sectors such as agriculture and chemicals are contributing to the rising demand, with these businesses adopting gift cards as a strategic marketing tool. Opportunity lies in the adoption of sustainable, green production and eco-friendly gift cards. Technology advances are further fueling growth, with secure digital wallets and mobile payment solutions increasing the convenience of gift card transactions. Moving forward, Mexico's strategic positioning in the digital transformation wave will continue to propel the gift cards market towards robust growth.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Gift Cards Market Highlights
- By 2024, Open-loop Card represented the largest share of the Card Type market size.
- Closed-loop Card is expected to remain the key growth driver within Card Type, registering the fastest CAGR during the forecast period.
- In 2024, Mexico represented 0.12% of the overall global gift cards market size.
- United States is projected to lead the global gift cards market size by 2030.
- Across Latin America, Rest of Latin America is anticipated to hold the dominant position in market by 2030.
- Mexico is forecasted to expand at the fastest pace in Latin America, attaining USD 627.02 Billion by 2030.
Mexico Gift Cards Market Revenue Share 2024
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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 1.42 Billion |
| Market Size In 2030 | USD 3.77 Billion |
| Largest segment | Open-loop Card |
| Fastest segment | Closed-loop Card |
| Units | Revenue in USD Billion |
| CAGR | 18% (2025-2030) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Mexico Gift Cards Market Share By Card Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Card Type |
|
| End-User |
|
Mexico Gift Cards Market By Card Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Mexico Gift Cards Market By End-User 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
