Gift Cards Market Outlook:
Gift Cards Market size was valued at USD 1.03 trillion in 2025 and is likely to cross USD 2.72 trillion by 2035, registering more than 10.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of gift cards is assessed at USD 1.12 trillion.
The growing usage of gift cards by medium and large enterprises has boosted the requirement for gift cards. According to a survey done by the Gift Card & Voucher Association in March 2023, around 54.1% of UK adults or approximately 28.8 million people received at least 1 gift card in 2022. These gift cards can be used in a variety of merchants such as dining, electronics, gas, clothing, and jewelry.