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South Korea Gift Cards Market Size, Share | Growth Analysis By [2030]
South Korea Gift Cards Market Size & Outlook, 2025-2030
Overview
Segmental Analysis
Table of Content
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South Korea Gift Cards Market Size
According to Straits Research analysis, the South Korea Gift Cards Market was valued at USD 45.38 Billion in 2024 and is projected to reach USD 118.85 Billion by 2030, expanding at a CAGR of 17.2% during the forecast period. As digital transformation makes significant strides in South Korea, various industries such as retail, entertainment, agriculture, chemicals, and energy are leveraging gift cards as a crucial customer engagement tool. The rising adoption of smart farming in agriculture and eco-friendly initiatives in the chemical industry, powered by gift card incentives, is driving this surge in demand. Technological advancements are paving the way for customisable and digital gift cards, providing remarkable growth opportunities. South Korea’s export potential further amplifies this growth. By integrating gift cards into their strategy, South Korea is positioning itself as a leading player in the global gift card market.
Source
: Straits Research Analysis Company Publications, Primary Interviews.
South Korea 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.
South Korea accounted for 3.76% of the global gift cards market size in 2024.
By 2030, United States is expected to remain the top global market in terms of size.
Within Asia Pacific, China is forecasted to dominate the regional gift cards market size by 2030.
India will be the fastest-growing market in Asia Pacific, projected to achieve USD 454.85 Billion by 2030.
South Korea 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 45.38 Billion
Market Size In 2030
USD 118.85 Billion
Largest segment
Open-loop Card
Fastest segment
Closed-loop Card
Units
Revenue in USD Billion
CAGR
17.2% (2025-2030)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
South Korea Gift Cards Market Share By Card Type
Segmentation Covered
Segments
Sub Segments
Card Type
Open-loop Card
Closed-loop Card
End-User
B2B
B2C
South Korea Gift Cards Market By Card Type 2030
Source
: Straits Research Analysis Company Publications, Primary Interviews.
South Korea Gift Cards Market By End-User 2030
Source
: Straits Research Analysis Company Publications, Primary Interviews.
Report Details
Format
PDF & Excel
Language
English
Published
Jul, 2026
USD 3150
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Gift Cards Market- Geographics
Global Gift Cards Market
North America Gift Cards Market
United States Gift Cards Market
Canada Gift Cards Market
Europe Gift Cards Market
Germany Gift Cards Market
France Gift Cards Market
United Kingdom Gift Cards Market
Italy Gift Cards Market
Spain Gift Cards Market
Asia Pacific Gift Cards Market
China Gift Cards Market
India Gift Cards Market
Japan Gift Cards Market
Australia Gift Cards Market
South Korea Gift Cards Market
Middle East And Africa Gift Cards Market
Saudi Arabia Gift Cards Market
South Africa Gift Cards Market
United Arab Emirates Gift Cards Market
Latin America Gift Cards Market
Brazil Gift Cards Market
Mexico Gift Cards Market
Argentina Gift Cards Market
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