| Product Code: ETC12949902 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The market for multi-store gift card imports in India saw a significant shift in concentration levels from moderate to very low in 2024. With the top exporting countries being China, Russia, Germany, Canada, and the USA, the industry is experiencing a diverse range of sources. Despite a negative growth rate of -39.25% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was a steady 1.41%. This data suggests a dynamic and evolving market landscape for multi-store gift cards in India, with potential opportunities for further expansion and innovation.

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 Multi-Store Gift Card Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Multi-Store Gift Card Market Revenues & Volume, 2021 & 2031F |
3.3 India Multi-Store Gift Card Market - Industry Life Cycle |
3.4 India Multi-Store Gift Card Market - Porter's Five Forces |
3.5 India Multi-Store Gift Card Market Revenues & Volume Share, By Card Type, 2021 & 2031F |
3.6 India Multi-Store Gift Card Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 India Multi-Store Gift Card Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Multi-Store Gift Card Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 India Multi-Store Gift Card Market Revenues & Volume Share, By Denomination Range, 2021 & 2031F |
4 India Multi-Store Gift Card Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for gift cards as gifts due to convenience and choice flexibility |
4.2.2 Growing trend of digital gifting solutions and e-commerce platforms |
4.2.3 Rise in corporate gifting culture leading to higher demand for multi-store gift cards |
4.3 Market Restraints |
4.3.1 Lack of awareness and education among consumers about the benefits and usage of multi-store gift cards |
4.3.2 Competition from single-brand gift cards and other gifting options in the market |
5 India Multi-Store Gift Card Market Trends |
6 India Multi-Store Gift Card Market, By Types |
6.1 India Multi-Store Gift Card Market, By Card Type |
6.1.1 Overview and Analysis |
6.1.2 India Multi-Store Gift Card Market Revenues & Volume, By Card Type, 2021 - 2031F |
6.1.3 India Multi-Store Gift Card Market Revenues & Volume, By Physical Card, 2021 - 2031F |
6.1.4 India Multi-Store Gift Card Market Revenues & Volume, By Digital Card, 2021 - 2031F |
6.1.5 India Multi-Store Gift Card Market Revenues & Volume, By Prepaid Card, 2021 - 2031F |
6.1.6 India Multi-Store Gift Card Market Revenues & Volume, By Reloadable Card, 2021 - 2031F |
6.1.7 India Multi-Store Gift Card Market Revenues & Volume, By Customizable Card, 2021 - 2031F |
6.2 India Multi-Store Gift Card Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Multi-Store Gift Card Market Revenues & Volume, By Online, 2021 - 2031F |
6.2.3 India Multi-Store Gift Card Market Revenues & Volume, By Offline, 2021 - 2031F |
6.2.4 India Multi-Store Gift Card Market Revenues & Volume, By Mobile App, 2021 - 2031F |
6.2.5 India Multi-Store Gift Card Market Revenues & Volume, By Gift Shops, 2021 - 2031F |
6.2.6 India Multi-Store Gift Card Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.3 India Multi-Store Gift Card Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Multi-Store Gift Card Market Revenues & Volume, By Retail Shopping, 2021 - 2031F |
6.3.3 India Multi-Store Gift Card Market Revenues & Volume, By Dining, 2021 - 2031F |
6.3.4 India Multi-Store Gift Card Market Revenues & Volume, By Entertainment, 2021 - 2031F |
6.3.5 India Multi-Store Gift Card Market Revenues & Volume, By Travel, 2021 - 2031F |
6.3.6 India Multi-Store Gift Card Market Revenues & Volume, By Online Services, 2021 - 2031F |
6.4 India Multi-Store Gift Card Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Multi-Store Gift Card Market Revenues & Volume, By Consumers, 2021 - 2031F |
6.4.3 India Multi-Store Gift Card Market Revenues & Volume, By Businesses, 2021 - 2031F |
6.4.4 India Multi-Store Gift Card Market Revenues & Volume, By SMEs, 2021 - 2031F |
6.4.5 India Multi-Store Gift Card Market Revenues & Volume, By Large Enterprises, 2021 - 2031F |
6.4.6 India Multi-Store Gift Card Market Revenues & Volume, By Corporations, 2021 - 2031F |
6.5 India Multi-Store Gift Card Market, By Denomination Range |
6.5.1 Overview and Analysis |
6.5.2 India Multi-Store Gift Card Market Revenues & Volume, By Below $50, 2021 - 2031F |
6.5.3 India Multi-Store Gift Card Market Revenues & Volume, By $50-$100, 2021 - 2031F |
6.5.4 India Multi-Store Gift Card Market Revenues & Volume, By $100-$500, 2021 - 2031F |
6.5.5 India Multi-Store Gift Card Market Revenues & Volume, By Above $500, 2021 - 2031F |
6.5.6 India Multi-Store Gift Card Market Revenues & Volume, By Custom Amount, 2021 - 2031F |
7 India Multi-Store Gift Card Market Import-Export Trade Statistics |
7.1 India Multi-Store Gift Card Market Export to Major Countries |
7.2 India Multi-Store Gift Card Market Imports from Major Countries |
8 India Multi-Store Gift Card Market Key Performance Indicators |
8.1 Redemption rate of multi-store gift cards |
8.2 Average load value per card |
8.3 Number of participating merchants in the multi-store gift card program |
8.4 Customer satisfaction and repeat purchase rate with multi-store gift cards |
8.5 Growth in the number of corporate partnerships offering multi-store gift cards as rewards |
9 India Multi-Store Gift Card Market - Opportunity Assessment |
9.1 India Multi-Store Gift Card Market Opportunity Assessment, By Card Type, 2021 & 2031F |
9.2 India Multi-Store Gift Card Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 India Multi-Store Gift Card Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Multi-Store Gift Card Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 India Multi-Store Gift Card Market Opportunity Assessment, By Denomination Range, 2021 & 2031F |
10 India Multi-Store Gift Card Market - Competitive Landscape |
10.1 India Multi-Store Gift Card Market Revenue Share, By Companies, 2024 |
10.2 India Multi-Store Gift Card Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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