Italy Gift Cards Market Is Expected to Hit $18.26 Billion By 2028

Italy Gift Cards Market by Functional Attribute (Open-Loop Card and Closed-Loop Card) Distribution Channel (Online and Offline), Product Type (Physical Gift Card and Digital Gift Card), End User (Retail and Corporates), Age Group (Generation X, Generation Z/Millennials, and Baby Boomers), Application (Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment, and Others): Opportunity Analysis and Industry Forecast, 2021-2028

A gift card is a stored value card used as an alternative source for money at a particular store or business store for purchases related to goods or services. Gift cards are also known as gift certificates, vouchers, tokens, and others, which are generally issued by a retailer or a bank as a developmental strategy used for promoting businesses, attract new customers, increase brand awareness, reduce fraud, and improve sales.

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Closed loop gift cards can be used at a selected outlet or group of outlets depending on the issuing authority. The rise in use of e-commerce digital payments/wallets—makes it convenient for consumers to track, manage, and redeem gift cards. 

The report focuses on the growth prospects, restraints, and Italy gift cards market analysis. The study provides Porter’s five forces analysis of the Italy gift cards industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the Italy gift cards market trends.

Key Benefits For Stakeholders

  • This study includes the Italy gift cards market analysis, trends, and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and Italy gift cards industry opportunity.
  • The Italy gift cards market size is quantitatively analyzed from 2020 to 2028 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in Italy gift cards market.

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Italy Gift Cards Market Report Highlights

AspectsDetails
BY FUNCTIONAL ATTRIBUTEOpen LoopClosed Loop
BY DISTRIBUTION CHANNELOnlineOffline
BY PRODUCT TYPEPhysical gift cardsDigital Gift Cards
BY END USERRetail EstablishmentsCorporate Institutions
BY AGE GROUPGeneration XGeneration Z/MillennialBaby Boomers
BY APPLICATIONConsumer GoodsHealth & WellnessRestaurants & BarsTravel & TourismMedia & EntertainmentOthers
Key Market PlayersAMAZON.COM, INC, Auchan Holding, APPLE INC, Conad, Carrefour Group, EUROSPAR, Esselunga S.p.A, EPIPOLI S.P.A, PANORAMA, Square, Inc

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