United Kingdom Gift Cards Market Size
According to Straits Research analysis, the United Kingdom Gift Cards Market was valued at USD 36.69 Billion in 2024 and is projected to reach USD 84.86 Billion by 2030, expanding at a CAGR of 14.8% during the forecast period. The surge in usage is predominantly driven by sectors such as retail, e-commerce, and hospitality. Convenience and practicality make gift cards popular among consumers for personal use and gifting. Increasing digitalization and smartphone penetration have also catalyzed the growth of e-gift cards. The emerging trend towards sustainable and personalized gift options is paving the way for eco-friendly and customizable gift cards. This market's potential is anticipated to grow with advancements in technology and further incorporation of AI and AR interfaces, enhancing user experience. By adopting these strategies, the UK is poised to strengthen its position in the global gift cards market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
United Kingdom 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.
- In 2024, United Kingdom represented 3.04% of the overall global gift cards market size.
- United States is projected to lead the global gift cards market size by 2030.
- Across Europe, Germany is anticipated to hold the dominant position in market by 2030.
- Germany is forecasted to expand at the fastest pace in Europe, attaining USD 3233.85 Billion by 2030.
United Kingdom 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 36.69 Billion |
| Market Size In 2030 |
USD 84.86 Billion |
| Largest segment |
Open-loop Card |
| Fastest segment |
Closed-loop Card |
| Units |
Revenue in USD Billion |
| CAGR |
14.8% (2025-2030) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
United Kingdom Gift Cards Market Share By Card Type
Segmentation Covered
| Segments |
Sub Segments |
| Card Type |
- Open-loop Card
- Closed-loop Card
|
| End-User |
- B2B
- B2C
|
United Kingdom Gift Cards Market By Card Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
United Kingdom Gift Cards Market By End-User 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.