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Global Gift Card Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 14.8% - ResearchAndMarkets.com
The "Global
Gift Card Market 2018-2022" report has been added to ResearchAndMarkets.com's
offering.
The analysts forecast the global gift card market
to grow at a CAGR of 14.8% during the period 2018-2022.
Gift
cards are virtual or physical cards that contain a prepaid value that
can be used to avail products and services.
The latest trend
gaining momentum in the market is the evolving gifting landscape. The
ongoing trend of digitalization and growing number of active online
users are important factors shaping the global gifting landscape. The
culture of giving gifts on occasions like Father's Day, Mother's Day,
and others is higher among millennials. Social media and the advent of
widely-marketed occasions together with the flexibility and
functionality of gift cards are expected to drive the use of gift cards.
One
of the major drivers for this maret is the increasing drive from the
retail sector. As the gift cards fuel customer loyalty, acquisition, and
retention, they are increasingly being used in restaurants, grocery
stores, department stores, entertainment centers, and movie theatres
along with almost all top retail brands, eventually, driving the
market's growth.
The report states that one of the major
factors hindering the growth of this market is the sustainable
disposability of physical gift cards. The environmental threat
associated with the disposability of physical gift cards is one of the
most important challenges for the growth of the global gift card market.
Companies
Mentioned
-
Blackhawk Network
-
First Data
-
InComm (News - Alert)
-
Qwikcilver Solutions
-
Worldpay
Key Topics Covered:
1: Executive Summary
2:
Scope Of The Report
3: Research Methodology
4:
Market Landscape
5: Market Sizing
6: Five Forces
Analysis
7: Market Segmentation By Functionality
9:
Customer Landscape
10: Regional Landscape
11:
Decision Framework
12: Drivers And Challenges
13:
Market Trends
14: Vendor Landscape
15: Vendor
Analysis
16: Appendix
For more information about
this report visit https://www.researchandmarkets.com/research/xnrl9j/global_gift_card?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180704005069/en/
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