Gift Cards Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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A gift card (also known as gift certificate in North America, or gift voucher or gift token in the UK) is a prepaid stored-value money card usually issued by a retailer or bank to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards. Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees.
This report aims to provide a comprehensive presentation of the global market for Gift Cards study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Gift Cards Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Gift Cards Market Sales, 2017-2022, 2023-2028, (M Units)
Global top five Gift Cards companies in 2021 (%)
The global Gift Cards market was valued at 426750 million in 2021 and is projected to reach US$ 652310 million by 2028, at a CAGR of 6.2% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Universal Accepted Open Loop Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Gift Cards include Amazon, ITunes, Walmart, Google Play, Starbucks, Home Depot, Walgreens, Sephora and Lowes, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Gift Cards manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Gift Cards Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Gift Cards Market Segment Percentages, by Type, 2021 (%)
Universal Accepted Open Loop
E-Gifting
Restaurant Closed Loop
Retail Closed Loop
Miscellaneous Closed Loop
Global Gift Cards Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Gift Cards Market Segment Percentages, by Application, 2021 (%)
Restaurant
Retail
Coffee Shop
Entertainment
Others
Global Gift Cards Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Gift Cards Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gift Cards revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Gift Cards revenues share in global market, 2021 (%)
Key companies Gift Cards sales in global market, 2017-2022 (Estimated), (M Units)
Key companies Gift Cards sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Amazon
ITunes
Walmart
Google Play
Starbucks
Home Depot
Walgreens
Sephora
Lowes
Carrefour
JD
Best Buy
Sainsbury's
Macy's
Virgin
IKEA
H&M
Zara
AL-FUTTAIM ACE
JCB Gift Card
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Gift Cards Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Gift Cards Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Gift Cards Overall Market Size
2.1 Global Gift Cards Market Size: 2021 VS 2028
2.2 Global Gift Cards Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Gift Cards Sales: 2017-2028
3 Company Landscape
3.1 Top Gift Cards Players in Global Market
3.2 Top Global Gift Cards Companies Ranked by Revenue
3.3 Global Gift Cards Revenue by Companies
3.4 Global Gift Cards Sales by Companies
3.5 Global Gift Cards Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Gift Cards Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Gift Cards Product Type
3.8 Tier 1, Tier 2 and Tier 3 Gift Cards Players in Global Market
3.8.1 List of Global Tier 1 Gift Cards Companies
3.8.2 List of Global Tier 2 and Tier 3 Gift Cards Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Gift Cards Market Size Markets, 2021 & 2028
4.1.2 Universal Accepted Open Loop
4.1.3 E-Gifting
4.1.4 Restaurant Closed Loop
4.1.5 Retail Closed Loop
4.1.6 Miscellaneous Closed Loop
4.2 By Type - Global Gift Cards Revenue & Forecasts
4.2.1 By Type - Global Gift Cards Revenue, 2017-2022
4.2.2 By Type - Global Gift Cards Revenue, 2023-2028
4.2.3 By Type - Global Gift Cards Revenue Market Share, 2017-2028
4.3 By Type - Global Gift Cards Sales & Forecasts
4.3.1 By Type - Global Gift Cards Sales, 2017-2022
4.3.2 By Type - Global Gift Cards Sales, 2023-2028
4.3.3 By Type - Global Gift Cards Sales Market Share, 2017-2028
4.4 By Type - Global Gift Cards Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Gift Cards Market Size, 2021 & 2028
5.1.2 Restaurant
5.1.3 Retail
5.1.4 Coffee Shop
5.1.5 Entertainment
5.1.6 Others
5.2 By Application - Global Gift Cards Revenue & Forecasts
5.2.1 By Application - Global Gift Cards Revenue, 2017-2022
5.2.2 By Application - Global Gift Cards Revenue, 2023-2028
5.2.3 By Application - Global Gift Cards Revenue Market Share, 2017-2028
5.3 By Application - Global Gift Cards Sales & Forecasts
5.3.1 By Application - Global Gift Cards Sales, 2017-2022
5.3.2 By Application - Global Gift Cards Sales, 2023-2028
5.3.3 By Application - Global Gift Cards Sales Market Share, 2017-2028
5.4 By Application - Global Gift Cards Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Gift Cards Market Size, 2021 & 2028
6.2 By Region - Global Gift Cards Revenue & Forecasts
6.2.1 By Region - Global Gift Cards Revenue, 2017-2022
6.2.2 By Region - Global Gift Cards Revenue, 2023-2028
6.2.3 By Region - Global Gift Cards Revenue Market Share, 2017-2028
6.3 By Region - Global Gift Cards Sales & Forecasts
6.3.1 By Region - Global Gift Cards Sales, 2017-2022
6.3.2 By Region - Global Gift Cards Sales, 2023-2028
6.3.3 By Region - Global Gift Cards Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Gift Cards Revenue, 2017-2028
6.4.2 By Country - North America Gift Cards Sales, 2017-2028
6.4.3 US Gift Cards Market Size, 2017-2028
6.4.4 Canada Gift Cards Market Size, 2017-2028
6.4.5 Mexico Gift Cards Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Gift Cards Revenue, 2017-2028
6.5.2 By Country - Europe Gift Cards Sales, 2017-2028
6.5.3 Germany Gift Cards Market Size, 2017-2028
6.5.4 France Gift Cards Market Size, 2017-2028
6.5.5 U.K. Gift Cards Market Size, 2017-2028
6.5.6 Italy Gift Cards Market Size, 2017-2028
6.5.7 Russia Gift Cards Market Size, 2017-2028
6.5.8 Nordic Countries Gift Cards Market Size, 2017-2028
6.5.9 Benelux Gift Cards Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Gift Cards Revenue, 2017-2028
6.6.2 By Region - Asia Gift Cards Sales, 2017-2028
6.6.3 China Gift Cards Market Size, 2017-2028
6.6.4 Japan Gift Cards Market Size, 2017-2028
6.6.5 South Korea Gift Cards Market Size, 2017-2028
6.6.6 Southeast Asia Gift Cards Market Size, 2017-2028
6.6.7 India Gift Cards Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Gift Cards Revenue, 2017-2028
6.7.2 By Country - South America Gift Cards Sales, 2017-2028
6.7.3 Brazil Gift Cards Market Size, 2017-2028
6.7.4 Argentina Gift Cards Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Gift Cards Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Gift Cards Sales, 2017-2028
6.8.3 Turkey Gift Cards Market Size, 2017-2028
6.8.4 Israel Gift Cards Market Size, 2017-2028
6.8.5 Saudi Arabia Gift Cards Market Size, 2017-2028
6.8.6 UAE Gift Cards Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Amazon
7.1.1 Amazon Corporate Summary
7.1.2 Amazon Business Overview
7.1.3 Amazon Gift Cards Major Product Offerings
7.1.4 Amazon Gift Cards Sales and Revenue in Global (2017-2022)
7.1.5 Amazon Key News
7.2 ITunes
7.2.1 ITunes Corporate Summary
7.2.2 ITunes Business Overview
7.2.3 ITunes Gift Cards Major Product Offerings
7.2.4 ITunes Gift Cards Sales and Revenue in Global (2017-2022)
7.2.5 ITunes Key News
7.3 Walmart
7.3.1 Walmart Corporate Summary
7.3.2 Walmart Business Overview
7.3.3 Walmart Gift Cards Major Product Offerings
7.3.4 Walmart Gift Cards Sales and Revenue in Global (2017-2022)
7.3.5 Walmart Key News
7.4 Google Play
7.4.1 Google Play Corporate Summary
7.4.2 Google Play Business Overview
7.4.3 Google Play Gift Cards Major Product Offerings
7.4.4 Google Play Gift Cards Sales and Revenue in Global (2017-2022)
7.4.5 Google Play Key News
7.5 Starbucks
7.5.1 Starbucks Corporate Summary
7.5.2 Starbucks Business Overview
7.5.3 Starbucks Gift Cards Major Product Offerings
7.5.4 Starbucks Gift Cards Sales and Revenue in Global (2017-2022)
7.5.5 Starbucks Key News
7.6 Home Depot
7.6.1 Home Depot Corporate Summary
7.6.2 Home Depot Business Overview
7.6.3 Home Depot Gift Cards Major Product Offerings
7.6.4 Home Depot Gift Cards Sales and Revenue in Global (2017-2022)
7.6.5 Home Depot Key News
7.7 Walgreens
7.7.1 Walgreens Corporate Summary
7.7.2 Walgreens Business Overview
7.7.3 Walgreens Gift Cards Major Product Offerings
7.7.4 Walgreens Gift Cards Sales and Revenue in Global (2017-2022)
7.7.5 Walgreens Key News
7.8 Sephora
7.8.1 Sephora Corporate Summary
7.8.2 Sephora Business Overview
7.8.3 Sephora Gift Cards Major Product Offerings
7.8.4 Sephora Gift Cards Sales and Revenue in Global (2017-2022)
7.8.5 Sephora Key News
7.9 Lowes
7.9.1 Lowes Corporate Summary
7.9.2 Lowes Business Overview
7.9.3 Lowes Gift Cards Major Product Offerings
7.9.4 Lowes Gift Cards Sales and Revenue in Global (2017-2022)
7.9.5 Lowes Key News
7.10 Carrefour
7.10.1 Carrefour Corporate Summary
7.10.2 Carrefour Business Overview
7.10.3 Carrefour Gift Cards Major Product Offerings
7.10.4 Carrefour Gift Cards Sales and Revenue in Global (2017-2022)
7.10.5 Carrefour Key News
7.11 JD
7.11.1 JD Corporate Summary
7.11.2 JD Gift Cards Business Overview
7.11.3 JD Gift Cards Major Product Offerings
7.11.4 JD Gift Cards Sales and Revenue in Global (2017-2022)
7.11.5 JD Key News
7.12 Best Buy
7.12.1 Best Buy Corporate Summary
7.12.2 Best Buy Gift Cards Business Overview
7.12.3 Best Buy Gift Cards Major Product Offerings
7.12.4 Best Buy Gift Cards Sales and Revenue in Global (2017-2022)
7.12.5 Best Buy Key News
7.13 Sainsbury's
7.13.1 Sainsbury's Corporate Summary
7.13.2 Sainsbury's Gift Cards Business Overview
7.13.3 Sainsbury's Gift Cards Major Product Offerings
7.13.4 Sainsbury's Gift Cards Sales and Revenue in Global (2017-2022)
7.13.5 Sainsbury's Key News
7.14 Macy's
7.14.1 Macy's Corporate Summary
7.14.2 Macy's Business Overview
7.14.3 Macy's Gift Cards Major Product Offerings
7.14.4 Macy's Gift Cards Sales and Revenue in Global (2017-2022)
7.14.5 Macy's Key News
7.15 Virgin
7.15.1 Virgin Corporate Summary
7.15.2 Virgin Business Overview
7.15.3 Virgin Gift Cards Major Product Offerings
7.15.4 Virgin Gift Cards Sales and Revenue in Global (2017-2022)
7.15.5 Virgin Key News
7.16 IKEA
7.16.1 IKEA Corporate Summary
7.16.2 IKEA Business Overview
7.16.3 IKEA Gift Cards Major Product Offerings
7.16.4 IKEA Gift Cards Sales and Revenue in Global (2017-2022)
7.16.5 IKEA Key News
7.17 H&M
7.17.1 H&M Corporate Summary
7.17.2 H&M Business Overview
7.17.3 H&M Gift Cards Major Product Offerings
7.17.4 H&M Gift Cards Sales and Revenue in Global (2017-2022)
7.17.5 H&M Key News
7.18 Zara
7.18.1 Zara Corporate Summary
7.18.2 Zara Business Overview
7.18.3 Zara Gift Cards Major Product Offerings
7.18.4 Zara Gift Cards Sales and Revenue in Global (2017-2022)
7.18.5 Zara Key News
7.19 AL-FUTTAIM ACE
7.19.1 AL-FUTTAIM ACE Corporate Summary
7.19.2 AL-FUTTAIM ACE Business Overview
7.19.3 AL-FUTTAIM ACE Gift Cards Major Product Offerings
7.19.4 AL-FUTTAIM ACE Gift Cards Sales and Revenue in Global (2017-2022)
7.19.5 AL-FUTTAIM ACE Key News
7.20 JCB Gift Card
7.20.1 JCB Gift Card Corporate Summary
7.20.2 JCB Gift Card Business Overview
7.20.3 JCB Gift Card Gift Cards Major Product Offerings
7.20.4 JCB Gift Card Gift Cards Sales and Revenue in Global (2017-2022)
7.20.5 JCB Gift Card Key News
8 Global Gift Cards Production Capacity, Analysis
8.1 Global Gift Cards Production Capacity, 2017-2028
8.2 Gift Cards Production Capacity of Key Manufacturers in Global Market
8.3 Global Gift Cards Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Gift Cards Supply Chain Analysis
10.1 Gift Cards Industry Value Chain
10.2 Gift Cards Upstream Market
10.3 Gift Cards Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Gift Cards Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Gift Cards Market Industry Size Emerging Trends Growth Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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