DUBLIN--(BUSINESS WIRE)--Jul 4, 2018--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 market 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 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

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Related Topics:Retail,Bank Cards

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE RETAIL OTHER RETAIL

SOURCE: Research and Markets

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PUB: 07/04/2018 05:50 AM/DISC: 07/04/2018 05:50 AM

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