Gift Cards Market Research Report 2020 provides an actual industry viewpoint, future trends and dynamics for market growth rate, market size, trading and key players of the industry with forecast period of 2026. This comprehensive research report is titled ‘Gift Cards Market’ with Industry Analysis and Opportunity Assessment and it comprises a whole market scenario along with the dynamics affecting it.
The global Gift Cards Market is valued at 357680 million US$ in 2019 and will reach 536050 million US$ by the end of 2026, growing at a CAGR of 6.0% during 2020-2026.
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.
The global gift card market is going nowhere but up, a new survey finds. Persistence Market Research predicts that the international market for gift cards is likely to grow to $506 billion by 2025 with a CAGR of 6% from $318 billion in 2017.
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The report presents the market competitive landscape and correspond ding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Gift Cards Market:
Amazon, ITunes, Walmart, Google Play, Starbucks, Home Depot, Walgreens, Sephora, Lowes, Carrefour, JD, Best Buy, Sainsbury’s, Macy’s, Virgin, IKEA, H&M, Zara, JCB Gift Card, AL-FUTTAIM ACE, and others.
These players have been focusing on strategies such as acquisitions, new product developments & launches, agreements, and investments that have helped them to expand their businesses in untapped and potential markets. The diversified product portfolio and multiple uses are factors responsible for strengthening the position of these companies in the global market.
Global Gift Cards Market Split by Product Type and Applications
This report segments the market on the basis of Types are
Universal Accepted Open Loop
Restaurant Closed Loop
Retail Closed Loop
Miscellaneous Closed Loop
On the basis of Application, the market is segmented into
Entertainment (Movie, Music)
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Regional Analysis for Gift Cards Market
For comprehensive understanding of market dynamics, the global Gift Cards market is analysed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Influence of the Gift Cards market report
– Comprehensive assessment of all opportunities and risk in the Gift Cards market.
– Gift Cards market recent innovations and major events.
– Detailed study of business strategies for growth of the Gift Cards market-leading players.
– Conclusive study about the growth plot of Gift Cards market for forthcoming years.
– In-depth understanding of Gift Cards market-particular drivers, constraints and major micro markets.
– Favourable impression inside vital technological and market latest trends striking the market report.
The report has 150 tables and figures browse the report description and TOC:
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Gift Cards Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.