North America Gift Cards Market Size & Outlook, 2025-2030

North America Gift Cards Market Size

According to Straits Research analysis, The North America Gift Cards Market was valued at USD 460.96 Billion in 2024 and is projected to reach USD 1032.3 Billion by 2030, expanding at a CAGR of 14.2% during the forecast period. The escalating demand for gift cards is predominantly driven by industries such as Retail and Corporate Institutions which utilize these cards for employee incentives, marketing promotions, and consumer engagement. Furthermore, technological advancements in the digital space have propelled the growth of E-gift cards, augmenting the market potential. Trends such as sustainability and low-carbon production also contribute positively, as eco-conscious consumers seek greener alternatives. As North America continues to pioneer digital innovation, the gift cards market in this region is set to experience significant expansion, solidifying its position in the global market.

North America Gift Cards Market Highlights

Open-loop Card represented the largest share of the Card Type market in terms of size in 2024.
Among the Card Type segments, Closed-loop Card is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

North America represented 38.21% of the global gift cards market size in 2024.
By 2030, United States is estimated to hold the largest position in the global market in terms of size.
Canada is estimated to remain the fastest-growing market in North America, advancing to USD 132.59 Billion by 2030.

North America 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 460.96 Billion
Market Size In 2030	USD 1032.3 Billion
Largest segment	Open-loop Card
Fastest segment	Closed-loop Card
Units	Revenue in USD Billion
CAGR	14.2% (2025-2030)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends