Ireland's gift card industry is projected to grow at a 5.6% CAGR to $1bn by 2028, with ecommerce, remote worker incentives, digital gifting, and industry initiatives driving growth.
Ireland's gift card industry is projected to reach $800 million in 2024, growing at a CAGR of 5.6% to reach $1 billion by 2028. Factors supporting growth include ecommerce expansion, adoption for remote worker incentives, digital gifting, and government, hospitality, and travel industry initiatives. Similarly, gift card markets in Switzerland, Denmark, and Canada are expected to grow at CAGRs of 7.2%, 5.5%, and 4.9% respectively, with total industry values projected to reach $1.7 billion, $1.3 billion, and $9.4 billion by 2028.
March 25, 2024
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