Europe Gift Card Market Grow at a CAGR of 14% between 2023 and 2030

The latest market report published by Credence Research, Inc. The European gift card market has exhibited robust expansion in the preceding years, with projections indicating a sustained compound annual growth rate (CAGR) of 14% throughout the 2022–2030 forecast horizon.

The European gift card market has experienced significant growth over the past few years, driven by changing consumer preferences and the convenience they offer. These versatile tokens of appreciation have evolved from traditional plastic cards to digital and mobile versions, making them more accessible and attractive to a wide range of consumers. In this article, we will explore the current trends and opportunities within the European gift card market.

The European gift card market has seen consistent growth, with a compound annual growth rate (CAGR) of approximately over the last five years. This expansion is attributed to various factors, including the rising demand for personalized gifting options and the convenience of digital gift cards. The market is projected to continue its upward trajectory in the coming years.

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