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Gift Card Market Set to Reach US$ 2,220.6 Billion by 2033 Amid Digital Payment Growth | Persistence Market Research

June 4, 2026
Source: prnewswire.co.uk prnewswire.co.uk
News Snapshot:
LONDON, June 4, 2026 /PRNewswire/ -- The global gift card market is experiencing remarkable expansion, projected to grow from US$ 825.3 billion in 2026 to US$ 2,220.6 billion by 2033, registering a CAGR of 15.2% during the forecast period. This growth is fueled by increasing consumer preference for convenient and personalized gifting solutions, rapid digital payment adoption, and the growing integration of gift cards with e-commerce platforms and loyalty programs. Businesses are increasingly using gift cards to strengthen customer relationships, improve retention rates, and drive repeat purchases. Mobile-First Gifting Revolution Drives Market Expansion The widespread adoption of smartphones and digital payment...
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