The global gift cards market was valued at USD 834.62 billion in 2022 and is estimated to reach approximately USD 3.70 trillion by 2031, at a CAGR of 18.0% from 2023 to 2031.
The gift card market has developed into a strong and significant segment of the retail business, providing a versatile and well-liked means for people to recognize special occasions and express gratitude. Gift cards, also known as gift certificates or gift vouchers, have revolutionized the art of giving gifts by removing the burden of finding the ideal item. The beneficiaries can choose their...
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