Gift Card Market with Covid-19 Impact, Key Players, Size, Demands, Growth Rate and Forecasts to 2027


Posted October 9, 2021 by jain23

Gift card market will reach an estimated valuation of USD 859.2 million by 2027, while registering this growth at a rate of 14.56% for the forecast period of 2020 to 2027

 
This Gift Card Market report also endows with an exhaustive survey of key players in the market which is based on a range of objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization. It also explains what the market definition, classifications, applications, engagements, and global industry trends are. The report puts light on the entire market trends and analyses the effect of buyers, consumers, substitutes, new entrants, competitors, and suppliers on the market.

The attention on the overwhelming players First Data, Qwikcilver Solutions Pvt Ltd., NGC US, LLC., Blackhawk Network Holdings, Plastek Card Solutions, Inc., Duracard, TenderCard, TransGate Solutions, Buyatab, Apple Inc., Basic Visual Id Technologies., Creative Cards & Solutions, C. M. M. Info Tech, Prime Plastic Cards., Micro Labels Private Limited., PSM Cards, among other domestic and global players.



Fill Out Details to Receive Sample Report Copy Here: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-gift-card-market

What ideas and concepts are covered in the report?

– The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.

– The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.

– Data regarding the Gift Card Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.



Region-based analysis of the Gift Card Industry market:



– The Gift Card Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.

Gift Card Market Trends | Industry Segment by Functional Attribute (Open Loop, Closed Loop), Industry Vertical (Retail, Corporate Institutions), Merchant (Restaurants, Departmental Store, Grocery Store/Food Supermarkets, Discount Stores, Coffee Shops, Entertainment, Others), Products (E- Gift Cards, Physical Cards), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027

Market Analysis and Insights: Global Gift Card Market

Gift card market will reach an estimated valuation of USD 859.2 million by 2027, while registering this growth at a rate of 14.56% for the forecast period of 2020 to 2027. Increasing adoption in retail industry is expected to create new opportunity for the market.

Gift card is a kind of a debit card which is preloaded so that cardholder can utilize it for the purchase of goods & services. They also offer options to the users so they can further add funds in them.

Growing usage of gift cards as promotional tools is expected to enhance the market growth. Some of the other factors such as increasing demand from corporate sectors, rising trend of e- purchasing, increasing digitalization, growing trend of gifting culture and technological advancements are further expected to enhance the gift card market in the forecast period of 2020 to 2027. Rising concern associated with the usage of plastics and risk associated with additional loss of money is expected to hamper the market growth in the mentioned forecast period.
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Last Updated October 9, 2021