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India Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2025 Update- Product Image
India Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2025 Update- Product Image
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India Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2025 Update

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    Report

  • 325 Pages
  • February 2025
  • Region: India
  • PayNXT360
  • ID: 4751523
Description Jump to:
The gift card market in India is expected to grow by 16.6% on annual basis to reach US$10.45 billion in 2025.

The gift card market in the country experienced robust growth during 2020-2024, achieving a CAGR of 18.6%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 14.6% during 2025-2029. By the end of 2029, the gift card sector is projected to expand from its 2024 value of USD 8.96 billion to approximately USD 18.03 billion.

This report provides a detailed data-centric analysis of the gift card sector in India, covering market opportunities and risks across consumer segments (retail and corporate); product categories; retail sectors; and store formats. With over 100+ KPIs at the country level, this report provides a comprehensive understanding of gift card market dynamics.

It offers a comprehensive analysis of market dynamics in the gift card sector, segmented by digital and e-gift card sales, distribution channels, key occasions, demographic trends, and market share statistics of leading retailers. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics.

The publisher’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.

Key Insights

The rise of digital gift cards, fueled by e-commerce expansion and technological advancements, will continue to shape the industry, while partnerships between retailers and providers will enhance accessibility. Corporate adoption of gift cards as incentives and rewards will further drive market growth, reinforcing their role as an essential financial and gifting tool in India’s evolving consumer landscape.

Regulatory changes will play a key role in defining the future competitive landscape, ensuring transparency and consumer protection while requiring businesses to adjust their policies accordingly. Addressing unredeemed balances through innovative solutions and regulatory reforms will help build consumer trust and maximize the potential of the gift card ecosystem. Over the next few years, companies focusing on digital innovation, compliance, and customer-centric solutions will be well-positioned to capitalize on India's growing gift card market.

Accelerated Adoption of Digital Gift Cards

  • The Indian gift card market is transforming significantly, with digital gift cards gaining widespread consumer acceptance. As more people shift towards online shopping and digital transactions, electronic gift cards are becoming a preferred alternative to traditional physical ones. Major retailers and e-commerce platforms are responding to this trend by integrating digital gift cards into their offerings, making them easily accessible through mobile apps and online stores.
  • The expansion of India’s e-commerce sector and advancements in digital payment technologies are driving this shift. Consumers increasingly favor the convenience of digital gift cards, which offer instant delivery and seamless redemption through smartphones and digital wallets. Additionally, the growing penetration of mobile commerce has made it easier for businesses to engage with consumers and encourage the adoption of digital gifting solutions.
  • Businesses will likely focus on enhancing consumer engagement through personalized digital gift card options and integrating them with loyalty programs. As digital gifting becomes more mainstream, companies that invest in seamless and customer-friendly experiences will be well-positioned to capitalize on the expanding market.

Strategic Partnerships Between Retailers and Gift Card Providers

  • Retailers in India are increasingly forming strategic partnerships with gift card providers to expand the reach and accessibility of gift cards. These collaborations allow gift cards to be integrated into multiple retail channels, including e-commerce platforms, digital wallets, and physical stores. Companies such as QwikCilver have partnered with major retail brands to offer customizable gift cards, making them a convenient gifting solution for businesses and consumers.
  • The rising demand for flexible and convenient gifting options drives this trend, prompting retailers to incorporate gift cards into their product offerings. Additionally, advancements in payment technologies have enabled the seamless integration of gift card systems into existing retail infrastructures, making transactions smoother for consumers. As digital payment ecosystems evolve, more retailers leverage technology to enhance their gift card programs.
  • Over the next two to four years, these strategic partnerships are expected to significantly expand the availability of gift cards across various online and offline platforms. As a result, India's overall gift card industry is projected to experience strong growth, driven by increased adoption among consumers and businesses. Companies that invest in robust gift card distribution networks and digital integration will be better positioned to capitalize on this expanding market.

Corporate Adoption of Gift Cards

  • Indian businesses are increasingly adopting gift cards as a key tool for employee rewards, customer incentives, and promotional activities. Companies recognize the flexibility and convenience that gift cards offer over traditional incentives, making them an attractive option for corporate engagement. This trend is particularly prominent in IT, retail, and financial services industries, where businesses leverage gift cards to enhance employee satisfaction and customer loyalty.
  • The growing emphasis on employee engagement and customer retention drives corporate gift card adoption. Companies use them to reward employees for performance, achievements, and festive bonuses, offering a personalized and flexible alternative to cash rewards. Additionally, businesses utilize gift cards as part of loyalty programs and promotional campaigns, providing added value to customers and encouraging repeat purchases.
  • Over the next two to four years, corporate adoption of gift cards is expected to contribute significantly to expanding the Indian gift card market. As demand increases, businesses will likely introduce customized corporate gift card solutions tailored to different industry needs. This evolution will lead to greater product diversification, with companies developing new offerings such as reloadable gift cards, co-branded options, and integrated employee benefit programs to maximize engagement and retention.

Addressing Unused Gift Card Balances

  • A significant portion of gift card balances in India remains unredeemed, creating substantial unused value within the market. Many consumers either forget to use their gift cards or struggle to utilize small remaining balances, which often go unused. This issue impacts consumers, who lose out on their gift card value, and businesses, which must account for these unclaimed balances in their financial planning.
  • The primary reasons for unredeemed gift card balances include difficulty in spending low remaining amounts and consumer forgetfulness. Many recipients misplace or forget about their gift cards before fully utilizing them, leading to unspent funds. Additionally, some gift cards have restrictions that make it challenging for consumers to redeem small leftover balances, further contributing to the problem.
  • Regulatory changes may be introduced over the next two to four years to ensure consumers can fully utilize their gift card balances. Businesses may also implement innovative solutions such as digital reminders, balance consolidation features, or alternative redemption methods to encourage full utilization. These measures could enhance consumer trust in gift cards and improve overall market efficiency, benefiting both businesses and consumers.

Navigating Regulatory Changes in the Gift Card Industry

  • The Indian government is implementing stricter regulations to enhance consumer protection in the gift card market. These regulations are designed to improve transparency and prevent unfair practices, such as hidden fees and short expiration periods. A key requirement mandates that gift cards have a validity period of up to three years, ensuring consumers have sufficient time to redeem their balances.
  • These regulatory changes are driven by the push for stronger consumer protection and market standardization. Authorities aim to ensure that consumers are fully informed of the terms and conditions of gift cards before purchase, reducing instances of unexpected fees or expirations. These measures align with broader financial regulations to increase transparency and trust in India’s growing digital payment ecosystem.
  • Over the next two to four years, businesses must adjust their gift card policies to comply with new regulations, potentially increasing compliance costs. However, these changes are expected to enhance consumer trust, leading to higher adoption rates of gift cards. As regulations evolve, companies proactively aligning with these standards will likely gain a competitive advantage in the expanding Indian gift card market.

Competitive Landscape of the India Gift Card Market

India's gift card market is poised for significant growth, driven by digital adoption, strategic partnerships, and evolving regulatory frameworks. While established players currently dominate the market, the entry of new competitors and evolving consumer preferences are expected to intensify competition.Companies that prioritize innovation, strategic collaborations, and regulatory compliance will be well-positioned to capitalize on the opportunities in this expanding market. As the landscape evolves, staying attuned to consumer needs and regulatory developments will be key to sustaining success.

Current Market Dynamics

  • India's gift card market is experiencing rapid growth, driven by the expansion of digital payment systems and increased consumer acceptance
  • This upward trajectory is supported by the proliferation of e-commerce platforms and a shift towards cashless transactions among Indian consumers.
  • The market's expansion is further bolstered by innovative offerings from companies such as QwikCilver, which provides customizable gift card solutions across various retail brands. Such initiatives reflect a broader trend towards personalized and convenient gifting options in the Indian market.

Key Players and Market Share

  • Prominent players in India's gift card market include EbixCash and QwikCilver, which have established extensive distribution networks and technological platforms.
  • These companies have enhanced their offerings through strategic partnerships to broaden distribution and appeal.
  • New entrants such as LivQuik and GyFTR have entered the market, partnering with various retailers to enhance digital adoption and customer engagement. These collaborations aim to integrate gift card solutions into multiple retail channels, both online and offline, increasing accessibility for consumers.

Anticipated Market Evolution (Next 2-4 Years)

  • Over the next 2-4 years, the Indian gift card market is expected to become more dynamic, with increased competition from established players and new entrants. Companies will likely focus on technological innovations, personalized offerings, and strategic partnerships to maintain and enhance their market positions.
  • Staying abreast of regulatory changes and ensuring compliance will be crucial for sustaining consumer trust and achieving long-term success. As the market evolves, businesses prioritizing innovation and customer-centric strategies will be better positioned to capitalize on emerging opportunities.

Regulatory Changes

  • The Indian government has implemented regulations to increase consumer protection in the gift card market. Key measures include restrictions on expiry dates and fees associated with gift cards, designed to ensure greater fairness and transparency in the industry.
  • These regulatory changes require businesses to align their gift card policies accordingly, potentially increasing operational costs and enhancing consumer trust. Compliance with these regulations is essential for companies to maintain their reputation and customer loyalty in the evolving market landscape.

Scope

This report provides in-depth, data-centric analysis of gift card industry in India through 100+ tables and 280+ charts. Below is a summary of key market segments.

India Total Spend on Gifts

  • By Consumer Segment (Retail and Corporate)
  • By Product Categories (13 Segments)
  • By Retail Sectors (7 Segments)

India Gift Card Market Size by KPIs across Consumer Segments

  • Gross Load Value
  • Transaction Value
  • Unused Value
  • Average Value Per Transaction
  • Transaction Volume
  • Average Value of Card Purchased
  • Number of Cards

India Gift Card Market Size by Consumer Segment

  • Retail Consumer
  • Corporate Consumer (Small Scale, Mid-Tier, Large Enterprise)

India Digital Gift Card Market Size

  • By Retail Consumer
  • By Retail Purchase Occasion
  • By Corporate Consumer
  • By Corporate Purchase Occasion
  • By Company Size

India Gift Card Market Size by Retail Consumer

  • By Functional Attribute
  • By Occasion
  • Festivals & Special Celebration Days
  • Milestone Celebration
  • Self-Use
  • Other
  • Value by Purchase Channel

India Gift Card Spend by Consumer Behavior and Demographics

  • Gift Card Spend by Payment Method
  • Consumer Purchase Behaviour
  • Gift Card Buyer by Age Group
  • Gift Card Buyer by Income Level
  • Gift Card Buyer by Gender

India Gift Card Market Size by Corporate Consumer

  • By Functional Attribute
  • By Occasion
  • Employee Incentive
  • Sales Incentive
  • Consumer Incentive
  • By Scale of Business

India Gift Spend by Product Categories (Split by Retail and Corporate Consumers)

  • Food & Beverage
  • Health, Wellness & Beauty
  • Apparel, Footwear & Accessories
  • Books & Media Products
  • Consumer Electronics
  • Restaurants & Bars
  • Toys, Kids, and Babies
  • Jewelry
  • Sporting Goods
  • Home & Kitchen Accessories & Appliances
  • Travel
  • Entertainment & Gaming
  • Other

India Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers)

  • Ecommerce & Department Stores
  • Restaurants & Bars
  • Supermarket, Hypermarket, Convenience Store
  • Entertainment & Gaming
  • Specialty Stores
  • Health & Wellness
  • Travel

India Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers)

  • Gift Card Online Sales
  • Gift Card Offline Sales
  • 1st Party Sales
  • 3rd Party Sales
  • Sales Uplift

India Gift Card Purchase by Payment Method

  • Credit Card
  • Debit Card
  • Bank Transfer
  • Prepaid Card
  • Digital & Mobile Wallet
  • BNPL & Other Digital Payment
  • Cash

Reasons to buy

  • Comprehensive comprehension of the dynamics of the gift card and incentive card markets: Recognise the opportunities in the market, the main drivers and trends, and the five-year projection for gift and incentive cards in India.
  • Create strategies tailored to the market: To create your gift card strategy, identify growth categories and target particular opportunities across consumer segments and occasions; evaluate important trends and risks unique to your market.
  • Learn about the attitudes and behaviours of consumers in India: Increase ROI by understanding how consumer attitudes and behaviours are evolving. With gift cards, you may obtain comprehensive information about retail spending for both corporate and retail customers.
  • Six key performance indicators (KPIs) provide a comprehensive view: the quantity of cards in circulation, load value, unused value, average purchase value, average value per transaction, and transaction value.
  • Distribution channel insights: Recognise the differences in gift card sales across online and offline channels as well as between first-party and third-party sales.

Table of Contents

1 About this Report
1.1 Summary
1.2 Methodology
1.3 Definition
1.4 Disclaimer
2 India Total Gift Spend Analyzer
2.1 Total Spend on Gift by Value - Market Size and Forecast, 2020-2029
2.2 Total Spend on Gift by Volume - Market Size and Forecast, 2020-2029
2.3 Total Gift Spend Market Share Analysis by Consumer Segment, 2020-2029
2.4 Gift Spend Market Size and Forecast Analysis by Product Category
2.5 Gift Spend Market Share Analysis by Product Category
2.6 Total Gift Spend Market Size and Forecast Trend Analysis by Retail Sector
2.7 Total Gift Spend Market Share Analysis by Retail Sector
3 India Retail Consumer Gift Spend Analyzer
3.1 Retail Consumer Spend on Gift - Market Size and Forecast, 2020-2029
3.2 Retail Consumer Gift Spend Market Analysis by Volume, 2020-2029
3.3 Retail Consumer Gift Spend Market Size and Forecast Analysis by Product Category
3.5 Retail Consumer Gift Spend Market Share Analysis by Product Category
3.6 Retail Consumer Gift Spend Market Size and Forecast Trend Analysis by Retail Sector
3.7 Retail Consumer Total Gift Spend Market Share Analysis by Retail Sector
4 India Corporate Consumer Gift Spend Analyzer
4.1 Corporate Consumer Spend on Gift - Market Size and Forecast, 2020-2029
4.2 Corporate Consumer Gift Spend Market Analysis by Volume, 2020-2029
4.3 Corporate Consumer Gift Spend Market Size and Forecast Analysis by Product Category
4.4 Corporate Consumer Gift Spend Market Share Analysis by Product Category
4.5 Corporate Consumer Total Gift Spend Market Size and Forecast Trend Analysis by Retail Sector
4.6 Corporate Consumer Total Gift Spend Market Share Analysis by Retail Sector
5 India Gift Card Spend Analyzer
5.1 Gift Card Spend Market Size and Forecast, 2020-2029
5.2 Gift Card Spend Market Analysis by Transaction Value and Volume, 2020-2029
5.3 Gift Card Spend Market Analysis by Avg. Value and Unused Value, 2020-2029
5.4 Gift Card Spend Market Share Analysis by Consumer Segment
5.5 Gift Card Spend Market Share Analysis by Functional Attribute
5.6 Digital Gift Card Spend Market Size and Forecast, 2020-2029
6 India Digital Gift Card Spend Analyzer
6.1 Digital Gift Card Market Size and Forecast, 2020-2029
6.2 Digital Gift Card Penetration by Occasion, 2020-2029
6.3 Retail Consumer Digital Gift Card Market Size and Forecast, 2020-2029
6.4 Retail Consumer Digital Gift Card Spend Market Share Analysis by Occasion, 2020-2029
6.5 Corporate Consumer Digital Gift Card Market Size and Forecast, 2020-2029
6.6 Corporate Consumer Digital Gift Card Spend Market Share Analysis by Occasion, 2020-2029
6.7 Large Enterprise Segment Digital Gift Card Spend Analysis
6.8 Mid-Tier Segment Digital Gift Card Spend Analysis
6.9 Small Scale Segment Digital Gift Card Spend Analysis
7 India Gift Card Spend Share by Demographics and Purchase Behaviour
7.1 Gift Card Spend Share by Age, Income, and Gender
7.2 Digital Gift Card Spend Share by Age, Income, and Gender
7.3 Gift Card Consumer Purchase Behaviour
7.4 Corporate Consumer Gift Card Spend by Company Type
8 India Retail Consumer Gift Card Spend Analyzer
8.1 Retail Consumer Gift Card Spend Market Size and Forecast, 2020-2029
8.2 Retail Consumer Gift Card Spend Market Share Analysis by Occasion, 2020-2029
8.3 Retail Consumer Gift Card Spend Market Share Analysis by Functional Attribute
8.4 Retail Consumer Digital Gift Card Spend Market Size and Forecast, 2020-2029
9 India Retail Consumer Gift Card Spend Analysis by Functional Attribute
9.1 Retail Consumer Gift Card Spend Market Size and Forecast - Open Loop vs. Closed Loop, 2020-2029
9.2 Retail Consumer Open Loop Gift Card Spend Market Size and Forecast, 2020-2029
9.3 Retail Consumer Closed Loop Gift Card Spend Market Size and Forecast, 2020-2029
9.4 Retail Consumer Average Value of Gift Card Purchased by Functional Attribute
10 India Retail Consumer Gift Card Spend Analysis by Occasion
10.1 Retail Consumer Gift Card Spend Market Share Analysis by Occasion, 2020-2029
10.2 Retail Consumer Gift Card Spend Market Size and Forecast - Festivals & Special Celebration Days, 2020-2029
10.3 Retail Consumer Gift Card Spend Market Size and Forecast - Milestone Celebration, 2020-2029
10.4 Retail Consumer Gift Card Spend Market Size and Forecast - Self-Use, 2020-2029
10.5 Retail Consumer Gift Card Spend Market Size and Forecast - Other, 2020-2029
11 India Corporate Consumer Gift Card Spend Analyzer
11.1 Corporate Consumer Gift Card Spend Market Size and Forecast, 2020-2029
11.2 Corporate Consumer Gift Card Spend Market Share Analysis by Occasion, 2020-2029
11.3 Corporate Consumer Gift Card Spend Market Share Analysis by Functional Attribute
11.4 Corporate Consumer Digital Gift Card Spend Market Size and Forecast, 2020-2029
12 India Corporate Consumer Gift Card Spend Analysis by Functional Attribute
12.1 Corporate Consumer Gift Card Spend Market Size and Forecast - Open Loop vs. Closed Loop, 2020-2029
12.2 Corporate Consumer Open Loop Gift Card Spend Market Size and Forecast, 2020-2029
12.3 Corporate Consumer Closed Loop Gift Card Spend Market Size and Forecast, 2020-2029
12.4 Corporate Consumer Average Value of Gift Card Purchased by Functional Attribute
13 India Corporate Consumer Gift Card Spend Analysis by Occasion
13.1 Corporate Consumer Gift Card Spend Market Share Analysis by Occasion, 2020-2029
13.2 Corporate Consumer Gift Card Spend Market Size and Forecast - Employee Incentive, 2020-2029
13.3 Corporate Consumer Gift Card Spend Market Size and Forecast - Sales / Channel Incentive, 2020-2029
13.4 Corporate Consumer Gift Card Spend Market Size and Forecast - Consumer Incentive, 2020-2029
14 India Corporate Consumer Gift Card Spend Analysis by Company Size
14.1 Corporate Consumer Gift Card Spend Market Share Analysis by Company Size
14.2 Corporate Consumer - Large Enterprise Segment - Gift Card Spend Market Size and Forecast, 2020-2029
14.3 Corporate Consumer - Mid-Tier Segment - Gift Card Spend Market Size and Forecast, 2020-2029
14.4 Corporate Consumer - Small Scale Segment - Gift Card Spend Market Size and Forecast, 2020-2029
15 India Corporate Consumer Gift Card Spend Analysis by Company Size X Functional Attribute
15.1 Large Enterprise Segment Gift Card Spend Market Share Analysis by Functional Attribute
15.2 Mid-Tier Segment Gift Card Spend Market Share Analysis by Functional Attribute
15.3 Small Scale Segment Gift Card Spend Market Share Analysis by Functional Attribute
16 India Gift Card Spend Analysis by Distribution Channel
16.1 Closed Loop Gift Card Spend Market Size and Forecast by Distribution Channel - Online vs. Offline, 2022-2029
16.2 Retail Consumer Closed Loop Gift Card Spend Market Size and Forecast by Distribution Channel - Online vs. Offline, 2022-2029
16.3 Corporate Consumer Closed Loop Gift Card Spend Market Size and Forecast by Distribution Channel - Online vs. Offline, 2022-2029
16.4 Gift Card Spend Market Size and Forecast by Online Distribution Channel - 1st Party Sales vs. 3rd Party Sales, 2022-2029
17 India Gift Card Spend Analysis by Retail Sector
17.1 Gift Card Spend Market Size and Forecast by Retail Sector, 2020-2029
17.2 Total Gift Card Spend Market Share Analysis by Retail Sector
17.3 Sales Uplift by Retail Sector, 2024
18 India Retail Consumer Gift Card Spend Analysis by Retail Sector
18.1 Retail Consumer - Gift Card Spend Market Size and Forecast by Retail Sector, 2020-2029
18.2 Retail Consumer Gift Card Spend Market Share Analysis by Retail Sector
19 India Corporate Consumer Gift Card Spend Analysis by Retail Sector
19.1 Corporate Consumer - Gift Card Spend Market Size and Forecast by Retail Sector, 2020-2029
19.2 Corporate Consumer Gift Card Spend Market Share Analysis by Retail Sector
20 India Closed Loop Gift Card Market Share Analysis by Top Retailers
21 Further Reading
21.1 About the Publisher
21.2 Related Research
List of Tables
Table 1: India Total Gift Spend Analysis (US$ Million), 2020-2029
Table 2: India Gift Card Penetration by Market Value(%), 2020-2029
Table 3: India Total Gift Spend Analysis by Number of Gifts (in Million), 2020-2029
Table 4: India Total Gift Spend Analysis by Avg. Value Per Gift (US$), 2020-2029
Table 5: India Total Gift Spend Market Share Analysis by Consumer Segment (US$ Million), 2020-2029
Table 6: India Total Gift Spend Market Share Analysis by Consumer Segment (%), 2020-2029
Table 7: India Retail Consumer Gift Spend Analysis (US$ Million), 2020-2029
Table 8: India Retail Consumer Gift Card Penetration by Market Value (%), 2020-2029
Table 9: India Retail Consumer Gift Spend Analysis by Number of Gifts (in Million), 2020-2029
Table 10: India Retail Consumer Gift Spend Analysis by Avg. Value Per Gift (US$), 2020-2029
Table 11: India Corporate Consumer Gift Spend Analysis (US$ Million), 2020-2029
Table 12: India Corporate Consumer Gift Card Penetration by Market Value (%), 2020-2029
Table 13: India Corporate Consumer Gift Spend Analysis by Number of Gifts (in Million), 2020-2029
Table 14: India Corporate Consumer Gift Spend Analysis by Avg. Value Per Gift (US$), 2020-2029
Table 15: India Gift Card Load Value (US$ Million), 2020-2029
Table 16: India Number of Gift Cards Purchased (Million) 2020-2029
Table 17: India Gift Card Transaction Value (US$ Million), 2020-2029
Table 18: India Gift Card Transaction Volume (Million), 2020-2029
Table 19: India Average Value of Per Transaction (US$), 2020-2029
Table 20: India Unused Value of Gift Card Purchased (US$ Million), 2020-2029
Table 21: India Gift Card Spend Market Share Analysis by Consumer Segment (US$ Million), 2020-2029
Table 22: India Gift Card Spend Market Share Analysis by Consumer Segment (%), 2020-2029
Table 23: India Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Table 24: India Gift Card Spend Market Share Analysis by Functional Attribute (Volume in Million), 2020-2029
Table 25: India Digital Gift Card Spend Market Size and Penetration by Value (US$ Million and %), 2020-2029
Table 26: India Digital Gift Card Spend Market Size by Volume - Number of Cards (Mn) and Avg. Value of Card Purchased (US$), 2020-2029
Table 27: Digital Gift Card Market Size and Forecast by Load Value (US$ Million) and Digital Gift Card Penetration, 2020-2029
Table 28: India Digital Gift Card Market Size and Forecast by Number of Cards (Million) and Avg. Value (US$), 2020-2029
Table 29: India Digital Gift Card Penetration by Occasion - Retail Consumer (%), 2020-2029
Table 30: India Digital Gift Card Penetration by Occasion - Corporate Consumer (%), 2020-2029
Table 31: India Retail Consumer Digital Gift Card Market Size and Forecast by Load Value (US$ Million) and Digital Gift Card Penetration, 2020-2029
Table 32: India Retail Consumer Digital Gift Card Market Size and Forecast by Number of Cards (Million) and Avg. Value (US$), 2020-2029
Table 33: India Retail Consumer Digital Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Table 34: India Retail Consumer Digital Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Table 35: India Corporate Consumer Digital Gift Card Market Size and Forecast by Load Value (US$ Million) and Digital Gift Card Penetration, 2020-2029
Table 36: India Corporate Consumer Digital Gift Card Market Size and Forecast by Number of Cards (Million) and Avg. Value (US$), 2020-2029
Table 37: India Corporate Consumer Digital Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Table 38: India Corporate Consumer Digital Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Table 39: India Corporate Consumer Digital Gift Card Spend Market Share Analysis by Company Size (US$ Million), 2020-2029
Table 40: India Corporate Consumer Digital Gift Card Spend Market Share Analysis by Company Size (by Value %), 2020-2029
Table 41: India Large Enterprise Segment Digital Gift Card Spend Market Size (US$ Million) and Digital Penetration (%), 2020-2029
Table 42: India Large Enterprise Segment Digital Gift Card Number of Cards (Mn) and Avg. Value (US$), 2020-2029
Table 43: India Mid-Tier Segment Digital Gift Card Spend Market Size (US$ Million) and Digital Penetration (%), 2020-2029
Table 44: India Mid-Tier Segment Digital Gift Card Number of Cards (Mn) and Avg. Value (US$), 2020-2029
Table 45: India Small Scale Segment Digital Gift Card Spend Market Size (US$ Million) and Digital Penetration (%), 2020-2029
Table 46: India Small Scale Segment Digital Gift Card Number of Cards (Mn) and Avg. Value (US$), 2020-2029
Table 47: India Retail Consumer Gift Card Load Value (US$ Million), 2020-2029
Table 48: India Retail Consumer Number of Gift Cards Purchased (Million) and Avg. Value (US$), 2020-2029
Table 49: India Retail Consumer Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Table 50: India Retail Consumer Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Table 51: India Retail Consumer Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Table 52: India Retail Consumer Gift Card Spend Market Share Analysis by Functional Attribute (Volume), 2020-2029
Table 53: India Retail Consumer Digital Gift Card Spend Market Size and Penetration by Value (US$ Million), 2020-2029
Table 54: India Retail Consumer Digital Gift Card Spend Market Size by Volume - Number of Cards (Mn) and Avg. Value of Card Purchased (US$), 2020-2029
Table 55: India Retail Consumer Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Table 56: India Retail Consumer Gift Card Spend Market Share Analysis by Functional Attribute (%), 2020-2029
Table 57: India Retail Consumer Open Loop Gift Card Load Value (US$ Million), 2020-2029
Table 58: India Retail Consumer Open Loop Number of Gift Cards Purchased (Million) 2020-2029
Table 59: India Retail Consumer Closed Loop Gift Card Load Value (US$ Million), 2020-2029
Table 60: India Retail Consumer Closed Loop Number of Gift Cards Purchased (Million) 2020-2029
Table 61: India Retail Consumer Avg. Value of Open Loop Gift Card Purchased (US$), 2020-2029
Table 62: India Retail Consumer Avg. Value of Closed Loop Gift Card Purchased (US$), 2020-2029
Table 63: India Retail Consumer Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Table 64: India Retail Consumer Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Table 65: India Retail Consumer Gift Card Load Value - Festivals & Special Celebration Days (US$ Million), 2020-2029
Table 66: India Retail Consumer Number of Gift Cards Purchased - Festivals & Special Celebration Days (Million) and Average Value (US$), 2020-2029
Table 67: India Retail Consumer Gift Card Load Value - Milestone Celebration (US$ Million), 2020-2029
Table 68: India Retail Consumer Number of Gift Cards Purchased - Milestone Celebration (Million) and Average Value (US$), 2020-2029
Table 69: India Retail Consumer Gift Card Load Value - Self-Use (US$ Million), 2020-2029
Table 70: India Retail Consumer Number of Gift Cards Purchased - Self-Use (Million) and Average Value (US$), 2020-2029
Table 71: India Retail Consumer Gift Card Load Value - Other (US$ Million), 2020-2029
Table 72: India Retail Consumer Number of Gift Cards Purchased - Other (Million) and Average Value (US$), 2020-2029
Table 73: India Corporate Consumer Gift Card Load Value (US$ Million), 2020-2029
Table 74: India Corporate Consumer Number of Gift Cards Purchased (Million) and Avg. Value (US$), 2020-2029
Table 75: India Corporate Consumer Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Table 76: India Corporate Consumer Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Table 77: India Corporate Consumer Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Table 78: India Corporate Consumer Gift Card Spend Market Share Analysis by Functional Attribute (Number of Cards in Million), 2020-2029
Table 79: India Corporate Consumer Digital Gift Card Spend Market Size and Penetration by Value (US$ Million and %), 2020-2029
Table 80: India Corporate Consumer Digital Gift Card Spend Market Size by Volume - Number of Cards (Mn) and Avg. Value of Card Purchased (US$), 2020-2029
Table 81: India Corporate Consumer Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Table 82: India Corporate Consumer Gift Card Spend Market Share Analysis by Functional Attribute (%), 2020-2029
Table 83: India Corporate Consumer Open Loop Gift Card Load Value (US$ Million), 2020-2029
Table 84: India Corporate Consumer Open Loop Number of Gift Cards Purchased (Million), 2020-2029
Table 85: India Corporate Consumer Closed Loop Gift Card Load Value (US$ Million), 2020-2029
Table 86: India Corporate Consumer Closed Loop Number of Gift Cards Purchased (Million), 2020-2029
Table 87: India Corporate Consumer Avg. Value of Open Loop Gift Card Purchased (US$), 2020-2029
Table 88: India Corporate Consumer Avg. Value of Closed Loop Gift Card Purchased (US$), 2020-2029
Table 89: India Corporate Consumer Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Table 90: India Corporate Consumer Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Table 91: India Corporate Consumer Gift Card Load Value - Employee Incentive (US$ Million), 2020-2029
Table 92: India Corporate Consumer Number of Gift Cards Purchased - Employee Incentive (Million), 2020-2029
Table 93: India Corporate Consumer Gift Card Load Value - Sales / Channel Incentive (US$ Million), 2020-2029
Table 94: India Corporate Consumer Number of Gift Cards Purchased - Sales / Channel Incentive (Million), 2020-2029
Table 95: India Corporate Consumer Gift Card Load Value - Consumer Incentive (US$ Million), 2020-2029
Table 96: India Corporate Consumer Number of Gift Cards Purchased - Consumer Incentive (Million), 2020-2029
Table 97: India Corporate Consumer Gift Card Spend Market Share Analysis by Company Size (US$ Million), 2020-2029
Table 98: India Corporate Consumer Gift Card Market Share by Company Size (%), 2020-2029
Table 99: India Corporate Consumer - Large Enterprise Segment - Gift Card Load Value (US$ Million), 2020-2029
Table 100: India Corporate Consumer - Large Enterprise Segment - Number of Gift Cards (Million), 2020-2029
Table 101: India Corporate Consumer - Mid-Tier Segment - Gift Card Load Value (US$ Million), 2020-2029
Table 102: India Corporate Consumer - Mid-Tier Segment - Number of Gift Cards (Million), 2020-2029
Table 103: India Corporate Consumer - Small Scale Segment - Gift Card Load Value (US$ Million), 2020-2029
Table 104: India Corporate Consumer - Small Scale Segment - Number of Gift Cards (Million), 2020-2029
Table 105: India Large Enterprise Segment Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Table 106: India Large Enterprise Segment Gift Card Spend Market Share Analysis by Functional Attribute (Volume - Number of Cards (Mn)), 2020-2029
Table 107: India Mid-Tier Segment Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Table 108: India Mid-Tier Segment Gift Card Spend Market Share Analysis by Functional Attribute (Volume - Number of Cards (Mn)), 2020-2029
Table 109: India Small Scale Segment Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Table 110: India Small Scale Segment Gift Card Spend Market Share Analysis by Functional Attribute (Volume - Number of Cards (Mn)), 2020-2029
Table 111: India Closed Loop Gift Card Spend Market Size and Forecast by Distribution Channel - Online vs. Offline (US$ Million), 2022-2029
Table 112: India Closed Loop Gift Card Spend Market Share by Distribution Channel - Online vs. Offline (%), 2022-2029
Table 113: India Retail Consumer Closed Loop Gift Card Spend Market Size and Forecast by Distribution Channel - Online vs. Offline (US$ Million), 2022-2029
Table 114: India Retail Consumer Closed Loop Gift Card Spend Market Share by Distribution Channel - Online vs. Offline (%), 2022-2029
Table 115: India Corporate Consumer Closed Loop Gift Card Spend Market Size and Forecast by Distribution Channel - Online vs. Offline (US$ Million), 2022-2029
Table 116: India Corporate Consumer Closed Loop Gift Card Spend Market Share by Distribution Channel - Online vs. Offline (%), 2022-2029
Table 117: India Gift Card Spend Market Size and Forecast by Distribution Channel - 1st Party Sales vs. 3rd Party Sales (US$ Million), 2022-2029
Table 118: India Gift Card Spend Market Share by Distribution Channel - 1st Party Sales vs. 3rd Party Sales (%), 2022-2029
List of Figures
Figure 1: Methodology Framework
Figure 2: India Total Gift Spend Analysis (US$ Million), 2020-2029
Figure 3: India Gift Card Penetration by Market Value(%), 2020-2029
Figure 4: India Total Gift Spend Analysis by Number of Gifts (in Million), 2020-2029
Figure 5: India Total Gift Spend Analysis by Avg. Value Per Gift (US$), 2020-2029
Figure 6: India Total Gift Spend Market Share Analysis by Consumer Segment (US$ Million), 2020-2029
Figure 7: India Total Gift Spend Market Share Analysis by Consumer Segment (%), 2020-2029
Figure 8: India Food & Beverage - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 9: India Health, Wellness & Beauty - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 10: India Apparel, Footwear & Accessories - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 11: India Books & Media Products - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 12: India Consumer Electronics - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 13: India Restaurants & Bars - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 14: India Toys, Kids, and Babies - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 15: India Jewelry - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 16: India Sporting Goods - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 17: India Home & Kitchen Accessories & Appliances - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 18: India Travel - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 19: India Entertainment & Gaming - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 20: India Other - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 21: India Food & Beverage - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 22: India Health, Wellness & Beauty - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 23: India Apparel, Footwear & Accessories - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 24: India Books & Media Products - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 25: India Consumer Electronics - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 26: India Restaurants & Bars - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 27: India Toys, Kids, and Babies - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 28: India Jewelry - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 29: India Sporting Goods - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 30: India Home & Kitchen Accessories & Appliances - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 31: India Travel - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 32: India Entertainment & Gaming - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 33: India Other - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 34: India Ecommerce & Department Stores - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 35: India Restaurants & Bars - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 36: India Supermarket, Hypermarket, Convenience Store - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 37: India Entertainment & Gaming - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 38: India Specialty Stores - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 39: India Health & Wellness - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 40: India Travel - Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 41: India Ecommerce & Department Stores - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 42: India Restaurants & Bars - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 43: India Supermarket, Hypermarket, Convenience Store - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 44: India Entertainment & Gaming - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 45: India Specialty Stores - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 46: India Health & Wellness - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 47: India Travel - Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 48: India Retail Consumer Gift Spend Analysis (US$ Million), 2020-2029
Figure 49: India Retail Consumer Gift Card Penetration by Market Value (%), 2020-2029
Figure 50: India Retail Consumer Gift Spend Analysis by Number of Gifts (in Million), 2020-2029
Figure 51: India Retail Consumer Gift Spend Analysis by Avg. Value Per Gift (US$), 2020-2029
Figure 52: India Food & Beverage - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 53: India Health, Wellness & Beauty - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 54: India Apparel, Footwear & Accessories - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 55: India Books & Media Products - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 56: India Consumer Electronics - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 57: India Restaurants & Bars - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 58: India Toys, Kids, and Babies - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 59: India Jewelry - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 60: India Sporting Goods - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 61: India Home & Kitchen Accessories & Appliances - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 62: India Travel - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 63: India Entertainment & Gaming - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 64: India Food & Beverage - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 65: India Health, Wellness & Beauty - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 66: India Apparel, Footwear & Accessories - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 67: India Books & Media Products - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 68: India Consumer Electronics - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 69: India Restaurants & Bars - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 70: India Toys, Kids, and Babies - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 71: India Jewelry - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 72: India Sporting Goods - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 73: India Home & Kitchen Accessories & Appliances - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 74: India Travel - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 75: India Entertainment & Gaming - Retail Consumer Gift Spend Market Share Analysis (%), 2024-2029
Figure 76: India Ecommerce & Department Stores - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 77: India Restaurants & Bars - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 78: India Supermarket, Hypermarket, Convenience Store - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 79: India Entertainment & Gaming - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 80: India Specialty Stores - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 81: India Health & Wellness - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 82: India Travel - Retail Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 83: India Ecommerce & Department Stores - Retail Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 84: India Restaurants & Bars - Retail Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 85: India Supermarket, Hypermarket, Convenience Store - Retail Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 86: India Entertainment & Gaming - Retail Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 87: India Specialty Stores - Retail Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 88: India Health & Wellness - Retail Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 89: India Travel - Retail Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 90: India Corporate Consumer Gift Spend Analysis (US$ Million), 2020-2029
Figure 91: India Corporate Consumer Gift Card Penetration by Market Value (%), 2020-2029
Figure 92: India Corporate Consumer Gift Spend Analysis by Number of Gifts (in Million), 2020-2029
Figure 93: India Corporate Consumer Gift Spend Analysis by Avg. Value Per Gift (US$), 2020-2029
Figure 94: India Food & Beverage - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 95: India Health & Wellness - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 96: India Apparel, Footwear & Accessories - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 97: India Books & Media Products - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 98: India Consumer Electronics - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 99: India Restaurants & Bars - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 100: India Travel - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 101: India Entertainment & Gaming - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 102: India Other - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 103: India Food & Beverage - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 104: India Health & Wellness - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 105: India Apparel, Footwear & Accessories - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 106: India Books & Media Products - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 107: India Consumer Electronics - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 108: India Restaurants & Bars - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 109: India Travel - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 110: India Entertainment & Gaming - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 111: India Other - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 112: India Ecommerce & Department Stores - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 113: India Restaurants & Bars - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 114: India Supermarket, Hypermarket, Convenience Store - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 115: India Entertainment & Gaming - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 116: India Specialty Stores - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 117: India Health & Wellness - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 118: India Travel - Corporate Consumer Total Gift Spend Market Size Analysis (US$ Million), 2020-2029
Figure 119: India Ecommerce & Department Stores - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 120: India Restaurants & Bars - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 121: India Supermarket, Hypermarket, Convenience Store - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 122: India Entertainment & Gaming - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 123: India Specialty Stores - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 124: India Health & Wellness - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 125: India Travel - Corporate Consumer Total Gift Spend Market Share Analysis (%), 2024-2029
Figure 126: India Gift Card Load Value (US$ Million), 2020-2029
Figure 127: India Number of Gift Cards Purchased (Million) 2020-2029
Figure 128: India Gift Card Transaction Value (US$ Million), 2020-2029
Figure 129: India Gift Card Transaction Volume (Million), 2020-2029
Figure 130: India Average Value of Per Transaction (US$), 2020-2029
Figure 131: India Unused Value of Gift Card Purchased (US$ Million), 2020-2029
Figure 132: India Gift Card Spend Market Share Analysis by Consumer Segment (US$ Million), 2020-2029
Figure 133: India Gift Card Spend Market Share Analysis by Consumer Segment (%), 2020-2029
Figure 134: India Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Figure 135: India Gift Card Spend Market Share Analysis by Functional Attribute (Volume in Million), 2020-2029
Figure 136: India Digital Gift Card Spend Market Size and Penetration by Value (US$ Million and %), 2020-2029
Figure 137: India Digital Gift Card Spend Market Size by Volume - Number of Cards (Mn) and Avg. Value of Card Purchased (US$), 2020-2029
Figure 138: Digital Gift Card Market Size and Forecast by Load Value (US$ Million) and Digital Gift Card Penetration, 2020-2029
Figure 139: India Digital Gift Card Market Size and Forecast by Number of Cards (Million) and Avg. Value (US$), 2020-2029
Figure 140: India Digital Gift Card Penetration by Occasion - Retail Consumer (%), 2020-2029
Figure 141: India Digital Gift Card Penetration by Occasion - Corporate Consumer (%), 2020-2029
Figure 142: India Retail Consumer Digital Gift Card Market Size and Forecast by Load Value (US$ Million) and Digital Gift Card Penetration, 2020-2029
Figure 143: India Retail Consumer Digital Gift Card Market Size and Forecast by Number of Cards (Million) and Avg. Value (US$), 2020-2029
Figure 144: India Retail Consumer Digital Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Figure 145: India Retail Consumer Digital Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Figure 146: India Corporate Consumer Digital Gift Card Market Size and Forecast by Load Value (US$ Million) and Digital Gift Card Penetration, 2020-2029
Figure 147: India Corporate Consumer Digital Gift Card Market Size and Forecast by Number of Cards (Million) and Avg. Value (US$), 2020-2029
Figure 148: India Corporate Consumer Digital Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Figure 149: India Corporate Consumer Digital Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Figure 150: India Corporate Consumer Digital Gift Card Spend Market Share Analysis by Company Size (US$ Million), 2020-2029
Figure 151: India Corporate Consumer Digital Gift Card Spend Market Share Analysis by Company Size (by Value %), 2020-2029
Figure 152: India Large Enterprise Segment Digital Gift Card Spend Market Size (US$ Million) and Digital Penetration (%), 2020-2029
Figure 153: India Large Enterprise Segment Digital Gift Card Number of Cards (Mn) and Avg. Value (US$), 2020-2029
Figure 154: India Mid-Tier Segment Digital Gift Card Spend Market Size (US$ Million) and Digital Penetration (%), 2020-2029
Figure 155: India Mid-Tier Segment Digital Gift Card Number of Cards (Mn) and Avg. Value (US$), 2020-2029
Figure 156: India Small Scale Segment Digital Gift Card Spend Market Size (US$ Million) and Digital Penetration (%), 2020-2029
Figure 157: India Small Scale Segment Digital Gift Card Number of Cards (Mn) and Avg. Value (US$), 2020-2029
Figure 158: India Gift Card Spend Share by Payment Methods, 2024
Figure 159: India Gift Card Spend Share by Age, 2024
Figure 160: India Gift Card Spend by Income, 2024
Figure 161: India Gift Card Spend by Gender, 2024
Figure 162: India Digital Gift Card Spend Share by Age, 2024
Figure 163: India Digital Gift Card Spend by Income, 2024
Figure 164: India Digital Gift Card Spend by Gender, 2024
Figure 165: India Gift Card Consumer Purchase Behaviour, 2024
Figure 166: India Expected Gift Card Purchase in 2024
Figure 167: India Gift Card Spend 2024 - Large Enterprise
Figure 168: India Gift Card Spend 2024 - Mid Tier
Figure 169: India Gift Card Spend 2024 - Small Scale
Figure 170: India Retail Consumer Gift Card Load Value (US$ Million), 2020-2029
Figure 171: India Retail Consumer Number of Gift Cards Purchased (Million) and Avg. Value (US$), 2020-2029
Figure 172: India Retail Consumer Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Figure 173: India Retail Consumer Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Figure 174: India Retail Consumer Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Figure 175: India Retail Consumer Gift Card Spend Market Share Analysis by Functional Attribute (Volume), 2020-2029
Figure 176: India Retail Consumer Digital Gift Card Spend Market Size and Penetration by Value (US$ Million), 2020-2029
Figure 177: India Retail Consumer Digital Gift Card Spend Market Size by Volume - Number of Cards (Mn) and Avg. Value of Card Purchased (US$), 2020-2029
Figure 178: India Retail Consumer Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Figure 179: India Retail Consumer Gift Card Spend Market Share Analysis by Functional Attribute (%), 2020-2029
Figure 180: India Retail Consumer Open Loop Gift Card Load Value (US$ Million), 2020-2029
Figure 181: India Retail Consumer Open Loop Number of Gift Cards Purchased (Million) 2020-2029
Figure 182: India Retail Consumer Closed Loop Gift Card Load Value (US$ Million), 2020-2029
Figure 183: India Retail Consumer Closed Loop Number of Gift Cards Purchased (Million) 2020-2029
Figure 184: India Retail Consumer Avg. Value of Open Loop Gift Card Purchased (US$), 2020-2029
Figure 185: India Retail Consumer Avg. Value of Closed Loop Gift Card Purchased (US$), 2020-2029
Figure 186: India Retail Consumer Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Figure 187: India Retail Consumer Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Figure 188: India Retail Consumer Gift Card Load Value - Festivals & Special Celebration Days (US$ Million), 2020-2029
Figure 189: India Retail Consumer Number of Gift Cards Purchased - Festivals & Special Celebration Days (Million) and Average Value (US$), 2020-2029
Figure 190: India Retail Consumer Gift Card Load Value - Milestone Celebration (US$ Million), 2020-2029
Figure 191: India Retail Consumer Number of Gift Cards Purchased - Milestone Celebration (Million) and Average Value (US$), 2020-2029
Figure 192: India Retail Consumer Gift Card Load Value - Self-Use (US$ Million), 2020-2029
Figure 193: India Retail Consumer Number of Gift Cards Purchased - Self-Use (Million) and Average Value (US$), 2020-2029
Figure 194: India Retail Consumer Gift Card Load Value - Other (US$ Million), 2020-2029
Figure 195: India Retail Consumer Number of Gift Cards Purchased - Other (Million) and Average Value (US$), 2020-2029
Figure 196: India Corporate Consumer Gift Card Load Value (US$ Million), 2020-2029
Figure 197: India Corporate Consumer Number of Gift Cards Purchased (Million) and Avg. Value (US$), 2020-2029
Figure 198: India Corporate Consumer Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Figure 199: India Corporate Consumer Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Figure 200: India Corporate Consumer Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Figure 201: India Corporate Consumer Gift Card Spend Market Share Analysis by Functional Attribute (Number of Cards in Million), 2020-2029
Figure 202: India Corporate Consumer Digital Gift Card Spend Market Size and Penetration by Value (US$ Million and %), 2020-2029
Figure 203: India Corporate Consumer Digital Gift Card Spend Market Size by Volume - Number of Cards (Mn) and Avg. Value of Card Purchased (US$), 2020-2029
Figure 204: India Corporate Consumer Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Figure 205: India Corporate Consumer Gift Card Spend Market Share Analysis by Functional Attribute (%), 2020-2029
Figure 206: India Corporate Consumer Open Loop Gift Card Load Value (US$ Million), 2020-2029
Figure 207: India Corporate Consumer Open Loop Number of Gift Cards Purchased (Million), 2020-2029
Figure 208: India Corporate Consumer Closed Loop Gift Card Load Value (US$ Million), 2020-2029
Figure 209: India Corporate Consumer Closed Loop Number of Gift Cards Purchased (Million), 2020-2029
Figure 210: India Corporate Consumer Avg. Value of Open Loop Gift Card Purchased (US$), 2020-2029
Figure 211: India Corporate Consumer Avg. Value of Closed Loop Gift Card Purchased (US$), 2020-2029
Figure 212: India Corporate Consumer Gift Card Spend Market Share Analysis by Occasion (US$ Million), 2020-2029
Figure 213: India Corporate Consumer Gift Card Spend Market Share Analysis by Occasion (%), 2020-2029
Figure 214: India Corporate Consumer Gift Card Load Value - Employee Incentive (US$ Million), 2020-2029
Figure 215: India Corporate Consumer Number of Gift Cards Purchased - Employee Incentive (Million), 2020-2029
Figure 216: India Corporate Consumer Gift Card Load Value - Sales / Channel Incentive (US$ Million), 2020-2029
Figure 217: India Corporate Consumer Number of Gift Cards Purchased - Sales / Channel Incentive (Million), 2020-2029
Figure 218: India Corporate Consumer Gift Card Load Value - Consumer Incentive (US$ Million), 2020-2029
Figure 219: India Corporate Consumer Number of Gift Cards Purchased - Consumer Incentive (Million), 2020-2029
Figure 220: India Corporate Consumer Gift Card Spend Market Share Analysis by Company Size (US$ Million), 2020-2029
Figure 221: India Corporate Consumer Gift Card Market Share by Company Size (%), 2020-2029
Figure 222: India Corporate Consumer - Large Enterprise Segment - Gift Card Load Value (US$ Million), 2020-2029
Figure 223: India Corporate Consumer - Large Enterprise Segment - Number of Gift Cards (Million), 2020-2029
Figure 224: India Corporate Consumer - Mid-Tier Segment - Gift Card Load Value (US$ Million), 2020-2029
Figure 225: India Corporate Consumer - Mid-Tier Segment - Number of Gift Cards (Million), 2020-2029
Figure 226: India Corporate Consumer - Small Scale Segment - Gift Card Load Value (US$ Million), 2020-2029
Figure 227: India Corporate Consumer - Small Scale Segment - Number of Gift Cards (Million), 2020-2029
Figure 228: India Large Enterprise Segment Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Figure 229: India Large Enterprise Segment Gift Card Spend Market Share Analysis by Functional Attribute (Volume - Number of Cards (Mn)), 2020-2029
Figure 230: India Mid-Tier Segment Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Figure 231: India Mid-Tier Segment Gift Card Spend Market Share Analysis by Functional Attribute (Volume - Number of Cards (Mn)), 2020-2029
Figure 232: India Small Scale Segment Gift Card Spend Market Share Analysis by Functional Attribute (US$ Million), 2020-2029
Figure 233: India Small Scale Segment Gift Card Spend Market Share Analysis by Functional Attribute (Volume - Number of Cards (Mn)), 2020-2029
Figure 234: India Closed Loop Gift Card Spend Market Size and Forecast by Distribution Channel - Online vs. Offline (US$ Million), 2022-2029
Figure 235: India Closed Loop Gift Card Spend Market Share by Distribution Channel - Online vs. Offline (%), 2022-2029
Figure 236: India Retail Consumer Closed Loop Gift Card Spend Market Size and Forecast by Distribution Channel - Online vs. Offline (US$ Million), 2022-2029
Figure 237: India Retail Consumer Closed Loop Gift Card Spend Market Share by Distribution Channel - Online vs. Offline (%), 2022-2029
Figure 238: India Corporate Consumer Closed Loop Gift Card Spend Market Size and Forecast by Distribution Channel - Online vs. Offline (US$ Million), 2022-2029
Figure 239: India Corporate Consumer Closed Loop Gift Card Spend Market Share by Distribution Channel - Online vs. Offline (%), 2022-2029
Figure 240: India Gift Card Spend Market Size and Forecast by Distribution Channel - 1st Party Sales vs. 3rd Party Sales (US$ Million), 2022-2029
Figure 241: India Gift Card Spend Market Share by Distribution Channel - 1st Party Sales vs. 3rd Party Sales (%), 2022-2029
Figure 242: India Ecommerce & Department Stores - Total Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 243: India Restaurants & Bars - Total Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 244: India Supermarket, Hypermarket, Convenience Store - Total Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 245: India Entertainment & Gaming - Total Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 246: India Specialty Stores - Total Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 247: India Health & Wellness - Total Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 248: India Travel - Total Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 249: India Ecommerce & Department Stores - Total Gift Card Spend Market Share Analysis (%), 2024-2029
Figure 250: India Restaurants & Bars - Total Gift Card Spend Market Share Analysis (%), 2024-2029
Figure 251: India Supermarket, Hypermarket, Convenience Store - Total Gift Card Spend Market Share Analysis (%), 2024-2029
Figure 252: India Entertainment & Gaming - Total Gift Card Spend Market Share Analysis (%), 2024-2029
Figure 253: India Specialty Stores - Total Gift Card Spend Market Share Analysis (%), 2024-2029
Figure 254: India Health & Wellness - Total Gift Card Spend Market Share Analysis (%), 2024-2029
Figure 255: India Travel - Total Gift Card Spend Market Share Analysis (%), 2024-2029
Figure 256: India Sales Uplift by Retail Sector (%), 2024
Figure 257: India Ecommerce & Department Stores - Retail Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 258: India Restaurants & Bars - Retail Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 259: India Supermarket, Hypermarket - Retail Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 260: India Entertainment & Gaming - Retail Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 261: India Specialty Stores - Retail Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 262: India Health & Wellness - Retail Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 263: India Travel - Retail Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 264: India Ecommerce & Department Stores - Retail Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 265: India Restaurants & Bars- Retail Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 266: India Supermarket, Hypermarket, Convenience Store - Retail Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 267: India Entertainment & Gaming - Retail Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 268: India Specialty Stores - Retail Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 269: India Health & Wellness - Retail Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 270: India Travel - Retail Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 271: India Ecommerce & Department Stores - Corporate Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 272: India Restaurants & Bars - Corporate Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 273: India Supermarket, Hypermarket - Corporate Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 274: India Entertainment & Gaming - Corporate Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 275: India Specialty Stores - Corporate Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 276: India Health & Wellness - Corporate Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 277: India Travel - Corporate Consumer Gift Card Spend Market Size Analysis (US$ Million), 2020-2029
Figure 278: India Ecommerce & Department - Corporate Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 279: India Restaurants & Bars - Corporate Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 280: India Supermarket, Hypermarket - Corporate Consumer Gift Card Spend Market Share Analysis in (%), Convenience Store, 2024-2029
Figure 281: India Entertainment & Gaming - Corporate Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 282: India Specialty Stores - Corporate Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 283: India Health & Wellness - Corporate Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 284: India Travel - Corporate Consumer Gift Card Spend Market Share Analysis in (%), 2024-2029
Figure 285: India Closed Loop Gift Card Market Share Analysis by Key Retailers, 2024

Companies Mentioned

  • Reliance Retail
  • Amazon India
  • Flipkart
  • Tanishq
  • Croma
  • BigBasket
  • Myntra
  • Nykaa
  • Shoppers Stop
  • Lifestyle

Table Information

Report AttributeDetails
No. of Pages325
PublishedFebruary 2025
Forecast Period2025 - 2029
Estimated Market Value ( USD ) in 2025 $ 10.45 Billion
Forecasted Market Value ( USD ) by 2029 $ 18.03 Billion
Compound Annual Growth Rate14.6%
Regions CoveredIndia
No. of Companies Mentioned10

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About the Market

The Gift Card market within the Retail sector is a rapidly growing industry. Gift Cards are a form of payment that can be used to purchase goods or services from a retailer. They are typically issued by a retailer or bank and can be used in-store or online. Gift Cards are often used as a form of payment for special occasions such as birthdays, anniversaries, or holidays. They are also used as rewards for loyalty programs or employee incentives. Gift Cards are becoming increasingly popular due to their convenience and flexibility. They are also a great way to encourage customers to shop with a particular retailer. Many retailers offer promotional discounts or rewards when customers purchase Gift Cards. Some of the major players in the Gift Card market include Amazon, Walmart, Target, Best Buy, and Apple. Other companies such as Visa, Mastercard, and American Express also offer Gift Cards. Show Less Read more

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