Gift Card Market Intelligence Report Provides Potential Growth for 2024 to 2031 | Blackhawk Network, InComm, Givex, National Gift Card Corp

The global gift card market is projected to reach at a CAGR of 13.8% during the forecast period (2024-2031).

DataM Intelligence has published a new research report on "Gift Card Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Gift Card market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

A gift card is a prepaid card or voucher issued by a retailer, bank, or service provider, which can be used as an alternative to cash for purchases at specific stores or online platforms. Gift cards typically have a predetermined value and can be redeemed for goods or services, making them a popular choice for gifting or promotional purposes. They can be either physical cards or digital e-cards, often with a limited expiration period.

Key Developments:

On December 14, 2022, IKEA U.S. partnered with Blackhawk Network, a global leader in branded payments, to make IKEA gift cards available through independent retailers.

In October 2022, Blackhawk Network launched the Ultimate Gift Card for Everyone in Australia, offering consumers access to a wide range of brands on a single card.

On July 20, 2022, Givex and Pague Menos introduced Brazil's first pharmacy omnichannel gift card, enhancing payment flexibility for pharmacy customers.

Forecast Growth Projected:

The Global Gift Card Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Gift Card Market:

Blackhawk Network, InComm, Givex, National Gift Card Corp., CashStar, Tango Card, Qwikcilver, SVS, Card Compliant and First Data

Segment Covered in the Gift Card Market:

By Type: Open Loop, Closed Loop

By Product: E-Gift Cards, Physical Cards

By Distribution Channel: Retail Stores, Online Platforms, Others

By End-User: Retail, Restaurants, Entertainment, Travel, Others

Regional Analysis:

The global Gift Card Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Gift Card Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Gift Card Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Gift Card manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Gift Card in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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The research study aims to address the following key questions:

➡What is the expected growth rate of the Gift Card Market during the forecast period of 2031?

➡What key factors are driving the Gift Card Market across various regions?

➡Who are the leading vendors in the Gift Card industry, and what strategies contribute to their success?

➡What is the anticipated market scope for the projected period?

➡What major trends are influencing the industry's growth in the coming years?

➡What challenges does the Gift Card Market face?

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