India Gift Cards Market (2025-2031) | Strategic Insights, Supply, Consumer Insights, Outlook, Restraints, Analysis, Growth, Segments, Opportunities, Share, Size, Pricing Analysis, Challenges, Strategy, Competitive, Drivers, Competition, Forecast, Revenue, Value, Companies, Demand, Investment Trends, Trends, Segmentation, Industry

Market Forecast By Card Type (Closed-loop Card, Open-loop Card), By End user (Retail Establishment, Corporate Institutions) And Competitive Landscape
Product Code: ETC12237390 Publication Date: Apr 2025 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sachin Kumar Rai No. of Pages: 65 No. of Figures: 34 No. of Tables: 19

India Gift Cards Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The gift cards import market in India saw a significant shift in 2024, with top exporting countries being Canada, China, Germany, Italy, and Japan. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive landscape. Despite a decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 was a promising 11.3%, suggesting a steady overall expansion of the market. This data highlights the evolving dynamics of the gift cards import sector in India and the continued importance of international trade in this segment.

India Gift Cards Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • India Gift Cards Market Outlook
  • Market Size of India Gift Cards Market,2024
  • Forecast of India Gift Cards Market, 2031
  • Historical Data and Forecast of India Gift Cards Revenues & Volume for the Period 2021-2031
  • India Gift Cards Market Trend Evolution
  • India Gift Cards Market Drivers and Challenges
  • India Gift Cards Price Trends
  • India Gift Cards Porter's Five Forces
  • India Gift Cards Industry Life Cycle
  • Historical Data and Forecast of India Gift Cards Market Revenues & Volume By Card Type for the Period 2021-2031
  • Historical Data and Forecast of India Gift Cards Market Revenues & Volume By Closed-loop Card for the Period 2021-2031
  • Historical Data and Forecast of India Gift Cards Market Revenues & Volume By Open-loop Card for the Period 2021-2031
  • Historical Data and Forecast of India Gift Cards Market Revenues & Volume By End user for the Period 2021-2031
  • Historical Data and Forecast of India Gift Cards Market Revenues & Volume By Retail Establishment for the Period 2021-2031
  • Historical Data and Forecast of India Gift Cards Market Revenues & Volume By Corporate Institutions for the Period 2021-2031
  • India Gift Cards Import Export Trade Statistics
  • Market Opportunity Assessment By Card Type
  • Market Opportunity Assessment By End user
  • India Gift Cards Top Companies Market Share
  • India Gift Cards Competitive Benchmarking By Technical and Operational Parameters
  • India Gift Cards Company Profiles
  • India Gift Cards Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Gift Cards Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Gift Cards Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Gift Cards Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Gift Cards Market Revenues & Volume, 2021 & 2031F

3.3 India Gift Cards Market - Industry Life Cycle

3.4 India Gift Cards Market - Porter's Five Forces

3.5 India Gift Cards Market Revenues & Volume Share, By Card Type, 2021 & 2031F

3.6 India Gift Cards Market Revenues & Volume Share, By End user, 2021 & 2031F

4 India Gift Cards Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing trend of gifting experiences over physical gifts

4.2.2 Growing adoption of digital payment methods in India

4.2.3 Rise in demand for personalized and convenient gifting options

4.3 Market Restraints

4.3.1 Lack of awareness and trust in gift cards among certain demographics

4.3.2 Concerns over data security and privacy related to digital gift cards

4.3.3 Competition from alternative gifting options like cash or physical gifts

5 India Gift Cards Market Trends

6 India Gift Cards Market, By Types

6.1 India Gift Cards Market, By Card Type

6.1.1 Overview and Analysis

6.1.2 India Gift Cards Market Revenues & Volume, By Card Type, 2021 - 2031F

6.1.3 India Gift Cards Market Revenues & Volume, By Closed-loop Card, 2021 - 2031F

6.1.4 India Gift Cards Market Revenues & Volume, By Open-loop Card, 2021 - 2031F

6.2 India Gift Cards Market, By End user

6.2.1 Overview and Analysis

6.2.2 India Gift Cards Market Revenues & Volume, By Retail Establishment, 2021 - 2031F

6.2.3 India Gift Cards Market Revenues & Volume, By Corporate Institutions, 2021 - 2031F

7 India Gift Cards Market Import-Export Trade Statistics

7.1 India Gift Cards Market Export to Major Countries

7.2 India Gift Cards Market Imports from Major Countries

8 India Gift Cards Market Key Performance Indicators

8.1 Redemption rate of gift cards

8.2 Average value per gift card transaction

8.3 Customer satisfaction scores for gift card purchases

8.4 Growth in the number of retailers accepting gift cards

8.5 Percentage of repeat purchases of gift cards

9 India Gift Cards Market - Opportunity Assessment

9.1 India Gift Cards Market Opportunity Assessment, By Card Type, 2021 & 2031F

9.2 India Gift Cards Market Opportunity Assessment, By End user, 2021 & 2031F

10 India Gift Cards Market - Competitive Landscape

10.1 India Gift Cards Market Revenue Share, By Companies, 2024

10.2 India Gift Cards Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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