Edison, NJ -- (SBWire) -- 03/18/2019 --HTF MI recently Announced Global Gift Cards study with 100+ market data Tables and Figures spread through Pages and easy to understand detailed TOC on "Gift Cards. Global Gift Cards research allows you to get different methods for maximizing your profit. The research study provides estimates for Global Gift Cards Forecast till 2025*. Some of the Leading key Company's Covered for this Research are Walmart, Starbucks, Amazon, Home Depot, Carrefour, Lowes, Best Buy, Macy's, Sainsbury;s, H&M, ITunes, McDonald, EBay & Netfix.
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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.
There is an increasing demand for gift cards in the corporate sector across the globe. Companies are offering incentives to employees in the form of gift cards to recognize employees? contributions and achievements. Approximately 25% to 35% of a merchant's gift card revenue is driven by B2B sales of gift cards. A growing adoption of gift cards in the corporate sector is one of the primary drivers pushing the global gift card market. Gift cards are gaining more popularity as compared to gift vouchers owing to several benefits offered by these cards. Gift cards can be used more than once owing to the partial redemption option, wherein the remaining balance can be carried over for future purchases.
North America is the largest consumer of gift cards, with a consumption market share of 45.35% in 2017. The second place is Europe, following North America with the consumption market share of 25.72% in 2017.
The global Gift Cards market is valued at 320 million US$ in 2017 and will reach 510 million US$ by the end of 2025, growing at a CAGR of 5.8% during 2018-2025.
Global Gift Cards Research for a Leading company is an intelligent process of gathering and analyzing the numerical data related to services and products. This Research Give idea to aims at your targeted customer's understanding, needs and wants. Also, reveals how effectively a company can meet their requirements. The market research collects data about the customers, marketing strategy, competitors. The Gift Cards Manufacturing industry is becoming increasingly dynamic and innovative, with more number of private players entering the industry.
Important Features that are under offering & key highlights of the report:
1) Who are the Leading Key Company in Global Gift Cards market space?
Following are list of players that are currently profiled in the report "Walmart, Starbucks, Amazon, Home Depot, Carrefour, Lowes, Best Buy, Macy's, Sainsbury's, H&M, ITunes, McDonald, EBay & Netfix"
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) What will the market size be in 2025 and what will the growth rate be?
In 2019, the Global Gift Cards market size was xx million USD and it is expected to reach USD xx million by the end of 2025, with a CAGR of xx% during 2019-2025.
3) What are the Market Applications & Types:
The study is segmented by following Product Type: , Universal Accepted Open Loop, E-Gifting, Restaurant Closed Loop, Retail Closed Loop & Miscellaneous Closed Loop
Major applications/end-users industry are: Restaurant, Deportment Store, Coffee Shop, Entertainment (Movie, Music) & Other
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
To comprehend Global Gift Cards market dynamics in the world mainly, the worldwide Gift Cards market is analyzed across major regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Walmart, Starbucks, Amazon, Home Depot, Carrefour, Lowes, Best Buy, Macy's, Sainsbury's, H&M, ITunes, McDonald, EBay & Netfix includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.
Research Parameter/ Research Methodology
Primary Research:
The primary sources involves the industry experts from the Global Gift Cards industry including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global Gift Cards in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.
Secondary Research:
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.
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In this study, the years considered to estimate the market size of Global Gift Cards are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Key Stakeholders in Global Gift Cards Market:
Global Gift Cards Manufacturers
Global Gift Cards Distributors/Traders/Wholesalers
Global Gift Cards Subcomponent Manufacturers
Industry Association
Downstream Vendors
**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
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