United Arab Emirates Gift Cards Market Size & Outlook, 2025-2030
United Arab Emirates Gift Cards Market Size
According to Straits Research analysis The United Arab Emirates Gift Cards Market was valued at USD 14.7 Billion in 2024 and is projected to reach USD 35.06 Billion by 2030, expanding at a CAGR of 15.4% during the forecast period. The growth is primarily driven by the high adoption rate of gift cards in various industries such as retail, hospitality, and e-commerce. Additionally, corporate gifting has also emerged as a significant driver, with industries increasingly using gift cards for employee rewards and benefits. A noteworthy emerging trend is the convergence of gift cards and technology, with companies innovating digital gift cards and mobile-app-based solutions, thus enhancing user convenience. Another opportunity lies in the tourism sector, where gift cards can be leveraged for encouraging tourist spending. As a leader in technology adoption and advanced retail landscape, the UAE is well-poised to maximize these opportunities and consolidate its position in the global gift cards market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
United Arab Emirates Gift Cards Market Highlights
- Open-loop Card held the leading position among Card Type segments in 2024, based on market size.
- Closed-loop Card is projected to post the fastest growth rate, sustaining its position as the most attractive Card Type segment during the forecast horizon.
- In 2024, United Arab Emirates accounted for 1.22% of the global gift cards market size.
- By 2030, United States is expected to lead the global gift cards market in terms of market size.
- Within Middle East And Africa, Rest of MEA is projected to dominate the regional gift cards market size by 2030.
- GCC is identified as the fastest-growing market in Middle East And Africa, anticipated to reach USD 525.83 Billion by 2030.
United Arab Emirates 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 14.7 Billion |
| Market Size In 2030 | USD 35.06 Billion |
| Largest segment | Open-loop Card |
| Fastest segment | Closed-loop Card |
| Units | Revenue in USD Billion |
| CAGR | 15.4% (2025-2030) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
United Arab Emirates Gift Cards Market Share By Card Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Card Type |
|
| End-User |
|
United Arab Emirates Gift Cards Market By Card Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
United Arab Emirates Gift Cards Market By End-User 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
