The Gift Card Market report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Gift Card industry development trends and marketing channels are analyzed. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The global gift cards market size was valued at $675,475 million in 2018, and is projected to reach $1,909,461 million by 2025, growing at a CAGR of 17.9% from 2019 to 2025.
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The Top Players include:
epay Worldwide, Incomm, Blackhawk Network, Cashstar, iTunes Card Delivery, My Gift Card Supply, Game Card Delivery, Pro Game Cards, Cardscode.com, Best Buy, Gamestop, Walmart, Sam’s Club, Target, Walgreens, CVS, Seven Eleven, Lowe’s, Game Stop, Home Depot, Staples, Office Depot, Office Max, Game Card Delivery, NintendoCardDelivery, pcgamesupply.com
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Gift cards an integrated payment solution developed to facilitate the transaction at stores or businesses as an alternative for money. These cards establish a medium that supports smooth and hassle-free purchasing procedure during variety of events, such as dining, entertainment, retail purchases, convenience shopping, and others. The gift cards industry is influenced by the rise in demand for technologically advanced products, increase in need for cashless transactions, surge in application areas among end users, high adoption rate of smartphones, and growth associated with e-commerce and m-commerce industry. This one factor is being considered as one of the most influential gift cards market trends. The adoption of gift cards is on an increase in the retail industry as retailers generate additional sales from gift cards beyond the face value of the cards, as recipients spend an additional 38% on average when redeeming gifts cards.
Global Gift Card Market Segmentation:
Gift Card market includes secondary shipping corrugated boxes, primary corrugated boxes, and corrugated retail display stands, which are used for packing non-durable goods, durable goods, food and beverages, and non-food and non-manufacturing items (in wholesale trade and retail trade services).
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Increasing preference for economical, eco-friendly, and light weight packaging by end-users such as electronics, automotive, pharmaceuticals, healthcare, and food and beverages sectors, will remain a major factor driving the growth of Gift Card market through 2026. The flourishing Ecommerce sector is anticipated to play a pivotal role in escalating adoption of Gift Card. Furthermore, corrugated board is an eco-friendly packaging material, comprised of recyclable materials like used cardboard carton and old newspapers. Moreover, corrugated cardboard is often produced without the use of dyes or bleaches, thereby reducing its footprint and level of recyclability.
The key points of the report:
1.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
2.The report explores the global major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.
3.Through the statistical analysis, the report depicts the global total market of Gift Card industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report then estimates 2019-2025 market development trends of Gift Card industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.
6.The report makes some important proposals for a new project of Gift Card Industry before evaluating its feasibility.
The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analyzing previous years’ data of these segments and sub-segments for getting an accurate and complete market size.
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