Explore the Gift Cards Market in the Era of COVID-19

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The ‘ Gift Cards market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. Key Players | Blackhawk Network Holdings Inc., Documax Inc., Fidelity National Information Services Inc., Givex Corp.

The research study provides market overview, Gift Cards market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Gift Cards market size forecast, market data&Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence.

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COVID-19 has had a massive impact on society since the beginning of 2020. This report considers the impact of COVID-19 and the economic slowdown created due to lockdown in various countries.

The report discusses technological factors, competitive factors and economic trends affecting the market. A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

Global Gift Cards Market is valued approximately USD 619 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 15 % over the forecast period 2020-2027. A gift card is a stored value card being used as an alternative source of money in a specific shop or store for goods or services related purchases.

Consumers prefer to purchase gift cards, whether in physical as well as digital, across multiple channels (online, in-store, smartphone websites and apps). These gift cards are usually issued by a retailer or bank as an organizational growth plan, attract new customers, raise brand recognition, minimize fraud and boost profits.

Increasing use of e-commerce i.e. digital payments / wallets makes tracking, managing and redeeming gift cards easy for customers is one of the prominent factors contributing towards market growth.

Apart from this, technological innovation in product offerings are the notable factors positively affecting the gift cards market. For instance, in 2019, InComm Company, in partnership with Razer Inc., launched Google Play Gift Cards in Malaysia, bringing the product to nearly 2,250 7-Eleven stores all over Malaysia.

In 2019, CashStar, Inc. launched the Interactive Gift Card Platform, which is anticipated to open up new market opportunities for market players. Companies like Uno Chicago Grill, Travelocity Incentives and Gorham Bike & Ski are mainly engaged in offering interactive gift cards through the CashStar platform.

Different kinds of fees associated with card transactions and the lack of security measures compared to credit or debit cards are major restrictions that hamper the growth of the market.

The regional analysis of global Gift Cards market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America accounted for the largest market in 2019, followed by East Asia, due to the high number of retailers as well as hotel chains in the region.

In developing countries and regions, companies are gradually adopting new technologies like hybrid and dual-interface cards. Such kinds of cards provide a number of benefits to commuters, like reducing travel time and improving service efficiency.

Asia Pacific is perhaps the most lucrative market for Gift Card due to the existence and use of more gift cards in the region.

Major market player included in this report are:

Blackhawk Network Holdings Inc.

Documax Inc.

Fidelity National Information Services Inc.

Givex Corp.

InComm Holdings Inc.

National Gift Card Corp.

Plastek Card Solutions Inc.

Qwikcilver Solutions Pvt. Ltd.

Stored Value Solutions Inc.

Village Roadshow Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type

Open Loop

Closed Loop

By End User

Retail

Corporate Institutions

Target Audience of the Global Urgent Care Center Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Geographically, the following regions together with the listed national/local markets are fully investigated:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Columbia, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, Egypt)

Impact of COVID-19 on the Global Market

The research report compiled by Report Ocean offers the study of market opportunities and market impact that are created due to the COVID-19 pandemic. The detailed research report is focused upon all direct and indirect impact of COVID-19 with new product launches, pipeline analysis, supply chain overview, government regulations, strategies adopted by related market players and upcoming vaccines and drug status.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.(*If you have any special requirements, please let us know and we will offer you the report as you want.)

Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

  • What is the current demand forecasting for your industry and a possible timeline of recovery?
  • How has your industry evolved or been disrupted? Which of these changes are likely to be short-term or long-term?
  • How has consumer behavior changed, and to what degree could these shifts become permanent?
  • How will supply chains operate? How can you build a more stable and resilient supply chain?
  • Which market segments are winners or losers?
  • Where are the pockets of growth in your industry during COVID-19 and beyond?
  • What marketing methods will be most effective in this new climate?
  • Where is your company most exposed? How can you diversify risk?

Ask Our Expert for Complete Report@:

Key Points Covered in Gift Cards Market Report: Study Explore COVID 19 Outbreak Impact Analysis

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Gift Cards Market, by Region, 2018-2027 (USD Billion)

1.2.2. Gift Cards Market, by Type, 2018-2027 (USD Billion)

1.2.3. Gift Cards Market, by End User, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Gift Cards Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Gift Cards Market Dynamics

3.1. Gift Cards Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Gift Cards Market Industry Analysis

4.1. Porter's 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Gift Cards Market, by Type

5.1. Market Snapshot

5.2. Global Gift Cards Market by Type, Performance - Potential Analysis

5.3. Global Gift Cards Market Estimates & Forecasts by Type 2017-2027 (USD Billion)

5.4. Gift Cards Market, Sub Segment Analysis

5.4.1. Open Loop

5.4.2. Closed Loop

Chapter 6. Global Gift Cards Market, by End User

6.1. Market Snapshot

6.2. Global Gift Cards Market by End User, Performance - Potential Analysis

6.3. Global Gift Cards Market Estimates & Forecasts by End User2017-2027 (USD Billion)

6.4. Gift Cards Market, Sub Segment Analysis

6.4.1. Retail

6.4.2. Corporate Institutions

Chapter 7. Global Gift Cards Market, Regional Analysis

7.1. Gift Cards Market, Regional Market Snapshot

7.2. North America Gift Cards Market

7.2.1. U.S. Gift Cards Market

7.2.1.1. Type breakdown estimates & forecasts, 2017-2027

7.2.1.2. End User breakdown estimates & forecasts, 2017-2027

7.2.2. Canada Gift Cards Market

7.3. Europe Gift Cards Market Snapshot

7.3.1. U.K. Gift Cards Market

7.3.2. Germany Gift Cards Market

7.3.3. France Gift Cards Market

7.3.4. Spain Gift Cards Market

7.3.5. Italy Gift Cards Market

7.3.6. Rest of Europe Gift Cards Market

7.4. Asia-Pacific Gift Cards Market Snapshot

7.4.1. China Gift Cards Market

7.4.2. India Gift Cards Market

7.4.3. Japan Gift Cards Market

7.4.4. Australia Gift Cards Market

7.4.5. South Korea Gift Cards Market

7.4.6. Rest of Asia Pacific Gift Cards Market

7.5. Latin America Gift Cards Market Snapshot

7.5.1. Brazil Gift Cards Market

7.5.2. Mexico Gift Cards Market

7.6. Rest of The World Gift Cards Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Blackhawk Network Holdings Inc.

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Summary

8.2.1.5. Recent Developments

8.2.2. Documax Inc.

8.2.3. Fidelity National Information Services Inc.

8.2.4. Givex Corp.

8.2.5. InComm Holdings Inc.

8.2.6. National Gift Card Corp.

8.2.7. Plastek Card Solutions Inc.

8.2.8. Qwikcilver Solutions Pvt. Ltd.

8.2.9. Stored Value Solutions Inc.

8.2.10. Village Roadshow Ltd.

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

……..and view more in complete table of Contents

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