Who are the key players in Global Gift Token industry?

Top 5 players in the Global Gift Token industry include Amazon, Google Pay, PayPal, Gyft, and GiftRocket. These companies drive innovation and adoption of digital gifting solutions through user-friendly platforms, extensive merchant networks, strong security measures, and global accessibility, shaping the competitive landscape for gift tokens worldwide.

What is the Global Gift Token growth?

The Global Gift Token market has experienced robust growth, with a CAGR exceeding 15% in the past year. For example, PayPal reported a surge in gift token transactions during Q4 2023, driven by rising digital payments and increasing online gift-giving trends across key markets.

Which segment accounted for the largest Global Gift Token share?

The largest segment by application in the Global Gift Token market is E-commerce, accounting for over 40% of the total share. This segment is propelled by widespread adoption of digital gift cards for online shopping, especially on platforms like Amazon and other major online retailers.

What are the factors driving the Global Gift Token?

Key drivers for the growth of Global Gift Tokens include increasing digital payments, convenient gifting options, and partnerships with major retailers. For example, Google Pay expanded its gift token ecosystem by collaborating with popular online stores, enhancing customer experience and boosting market demand.

Which type accounted for the largest Global Gift Token share?

Closed-loop gift tokens account for the largest share, dominating the market with over 50%. These tokens, usable at specific retailers like Amazon or Starbucks, are popular due to brand loyalty, ease of use, and the extensive marketing efforts by leading companies in the sector.

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Global Gift Token Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

Name: Global Gift Token
Brand: Bussiness Insights

Global Gift Token Market: by Type (Physical Gift Tokens, Digital Gift Tokens, e-Gift Cards, Gift Vouchers, Charity Gift Tokens, Prepaid Gift Tokens) Application (Retail, Corporate, Hospitality, Consumer Goods, Entertainment, Others) Distribution Channels (Online, Offline, Direct, Third-Party, Branded Outlets, Multi-Brand Outlets) Technology (NFC, QR Code, Blockchain, Magnetic Stripe, Barcode, Others) Organization Size (Small, Medium, Large) and By Global Historical & Forecast Period (2020-2035) Comprehensive Study 2025

Last Updated: 27-07-2025 | Format: PDF | Report ID:12778 | Author: Alice

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Global Gift Token Market Outlook and Forecast (2020-2035)

The global gift token market is a dynamic and rapidly evolving sector encompassing physical and digital tokens used for gifting, loyalty, and payment purposes. Gift tokens, which include e-gift cards, vouchers, prepaid and charity tokens, serve as convenient solutions for both consumers and businesses. The market’s expansion is driven by the growing popularity of online gifting, robust digital payment infrastructure, and the proliferation of technology-driven distribution channels, such as NFC and blockchain. Key sectors adopting gift tokens include retail, hospitality, corporate, consumer goods, and entertainment. The rise of digital and mobile-first gifting is reshaping consumer preferences, leading to innovative offerings and enhanced security measures. As companies leverage omnichannel distribution, the integration of personalized experiences and real-time redemption is expected to further boost market growth between 2025 and 2035.

Latest Market Dynamics

Key Drivers

Growing digitalization of payments—Starbucks launched a new app-integrated gift card solution in early 2025, boosting digital gift card usage.

Rising demand for personalized and instant gifting—Amazon introduced custom e-gift card experiences allowing users to personalize messages and designs.

Expansion of omnichannel distribution—Walmart’s integration of seamless gift card redemption across online and offline stores in 2025.
Blockchain-enabled gift tokens providing traceability—Visa and Mastercard piloted blockchain-secured gift token platforms, increasing security and trust.

Key Opportunities

Integration with loyalty and rewards platforms—Apple enhanced its Apple Pay with instant e-gift token redemption partnerships, increasing cross-platform engagement.
Corporate gifting and incentive programs—PayPal and Google launched new B2B gifting APIs to enable easier distribution of bulk e-gift cards for corporate clients.

Fraud and security risks—GiftCards.com enhanced two-factor authentication after a surge in phishing attacks targeting digital vouchers in early 2025.
Fragmented regulatory standards—Blackhawk Network has called for unified compliance guidelines as cross-border gift token usage expands.

Limited acceptance in rural/underbanked regions—InComm Payments' reports highlight challenges in scaling digital offerings where traditional cash gifting dominates.
Expiration and inactivity fees—American Express faced customer backlash in 2025 over dormant gift token policies, leading to tighter consumer protection rules.

Global Gift Token Market Share by Type, 2025

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In 2025, digital gift tokens accounted for the largest share of the global market, followed by e-gift cards and physical gift tokens. The shift towards online and mobile usage, combined with enhanced security through blockchain and QR codes, has propelled digital formats to the forefront. Prepaid and charity gift tokens are also growing segments, driven by corporate and social gifting trends.

Global Gift Token Market Share by Application, 2025

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Retail remains the dominant application segment in 2025, leveraging gift tokens for customer engagement and loyalty campaigns. Corporate gifting is the second largest, due to widespread adoption for incentive and rewards programs. Hospitality, entertainment, and consumer goods sectors also utilize tokens for promotional campaigns and customer retention, with each contributing notably to overall growth.

Global Gift Token Market Revenue (USD Million), 2020-2035

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The global gift token market revenue is projected to increase markedly from 2020 to 2035. The market size is estimated at USD 37,000 Million in 2025 and expected to reach USD 84,500 Million by 2035, reflecting sustained double-digit CAGR. The surge is attributed to mobile payment adoption, corporate gifting initiatives, and robust digital infrastructure enhancements worldwide.

Global Gift Token Market Year-on-Year (YOY) Growth (%), 2020-2035

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Year-on-year growth rates for the global gift token market exhibit a strong upward trajectory, peaking during 2025-2030 as digital and omnichannel solutions proliferate. Growth stabilizes by 2030-2035 as the market matures and reaches saturation in major economies, yet remains positive due to ongoing innovation in technology and user engagement.

Global Gift Token Market Share by Region, 2025

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North America leads with the largest market share in 2025, driven by established digital infrastructure and high consumer adoption. APAC follows closely, propelled by rapid growth in e-commerce and mobile payments, particularly in China and India. Europe is another strong region, with robust demand in the UK, Germany, and France. The Middle East, Africa, and South America contribute steadily, with increasing digital wallet penetration.

Global Gift Token Market Share by Leading Players, 2025

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Leading players command significant market shares owing to strong global networks and continuous innovation. Amazon, Walmart, and Apple represent the top three, collectively accounting for over 50% of the total market in 2025. New entrants such as fintech startups are also making notable inroads by leveraging blockchain and contactless technology for enhanced customer experience.

Global Gift Token Market Share by Buyers, 2025

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Corporate buyers comprise the largest share of total gift token purchases, leveraging them for employee rewards and business incentives in 2025. Individual consumers are the second most prominent segment, favoring e-gift cards for occasions and personal use. Charities and non-profits continue to adopt gift tokens as alternative donation and engagement tools.

Metrics	Details
Years	2020-2035
Base Year	2025
Market Size	Revenue (USD Million)
Regions	North America, Europe, Asia-Pacific, South America, Middle East, Africa
Segments	By Type (Physical Gift Tokens, Digital Gift Tokens, e-Gift Cards, Gift Vouchers, Charity Gift Tokens, Prepaid Gift Tokens), By Application (Retail, Corporate, Hospitality, Consumer Goods, Entertainment, Others), By Distribution Channels (Online, Offline, Direct, Third-Party, Branded Outlets, Multi-Brand Outlets), By Technology (NFC, QR Code, Blockchain, Magnetic Stripe, Barcode, Others), By Organization Size (Small, Medium, Large)
Players	Amazon, Walmart, GiftCards.com, Apple, Google, Starbucks, Target, eBay, Gyft, Blackhawk Network, InComm Payments, Mastercard, PayPal, Visa, American Express

Key Recent Developments

June 2024: Mastercard and Visa jointly announce a blockchain-based gift token pilot in the US and EU, aimed at improving security and cross-border usability.
July 2024: Apple upgrades Apple Pay with instant e-gift card redemption via partnerships with leading global retailers.
August 2024: PayPal launches B2B gift card API suite targeting enterprise gifting needs in North America and Europe.
September 2024: Starbucks introduces personalized, app-natively delivered gift cards, resulting in 18% growth in digital gift token sales.
October 2024: Blackhawk Network calls for unified gift token regulatory standards as digital gifting expands globally.

Frequently Asked Questions

About the Author

Alice

Senior Research Consultant

Alice is a Senior Research Consultant specializing in market research, industry analysis, and business consulting across Consumers Goods. Alice brings a commercially grounded perspective to sectors shaped by changing demand, innovation, and competitive dynamics, helping turn complex market trends into clear strategic insights for business decision-makers. With 10+ years of experience across research, analytics, and strategic advisory roles, Alice has helped organizations translate data into actionable growth strategies.

Consumers GoodsMarket ResearchIndustry AnalysisStrategic Consulting

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Global Gift Token Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

Global Gift Token Market Outlook and Forecast (2020-2035)

Latest Market Dynamics

Key Drivers

Key Trends

Key Opportunities

Key Challenges

Key Restraints

Global Gift Token Market Share by Type, 2025

Global Gift Token Market Share by Application, 2025

Global Gift Token Market Revenue (USD Million), 2020-2035

Global Gift Token Market Year-on-Year (YOY) Growth (%), 2020-2035

Global Gift Token Market Share by Region, 2025

Global Gift Token Market Share by Leading Players, 2025

Global Gift Token Market Share by Buyers, 2025

Study Coverage

Key Recent Developments

Frequently Asked Questions

About the Author

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