UAE Gift Card Market Databook 2025: Key Players include Retail Giants Carrefour, Lulu Hypermarket, Virgin Megastore, Amazon, IKEA, and Multi-brand & Digital Platforms YouGotaGift and Mall Gift Cards - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "United Arab Emirates Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2025 Update" report has been added to ResearchAndMarkets.com's offering.

This report provides a detailed data-centric analysis of the gift card sector in United Arab Emirates, covering market opportunities and risks across consumer segments (retail and corporate); product categories; retail sectors; and store formats. With over 100+ KPIs at the country level, this report provides a comprehensive understanding of gift card market dynamics.

It offers a comprehensive analysis of market dynamics in the gift card sector, segmented by digital and e-gift card sales, distribution channels, key occasions, demographic trends, and market share statistics of leading retailers. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics.

Key Market Insights:

Market Growth:

• UAE Gift Card Market projected to reach $2.24 billion in 2025 (+11.5% YoY).
• Expected CAGR of 10.2% from 2025-2029, expanding to $3.3 billion by 2029.

Drivers of Growth:

• Surging Digital Gift Card Adoption: Driven by high smartphone penetration and e-commerce growth.
• Corporate Integration: Increased use of gift cards for employee rewards and loyalty programs.
• Strategic Partnerships: Market consolidation through fintech collaborations and retail expansions.

Trends Reshaping the UAE Gift Card Market

Digital Gift Cards Take Over

• UAE consumers are shifting toward e-gift cards due to instant delivery and seamless online transactions.
• Retail giants Carrefour and Lulu Hypermarket expanding digital gift card offerings.

Corporate Incentive Growth

• Companies like Emirates Airlines and Etisalat adopting gift cards for employee and customer incentives.
• Demand for customizable and flexible rewards is on the rise.

Strategic Partnerships & Market Consolidation

• YouGotaGift partnered with Carrefour to expand distribution of multi-brand gift cards.
• Majid Al Futtaim Group boosting digital and physical gift card offerings.

Regulatory Developments

• UAE Central Bank’s Retail Payment Services and Card Schemes Regulation aims to ensure security and transparency in the sector.

Market Competitive Landscape

Leading Players in the UAE Gift Card Market

• Retail Giants: Carrefour, Lulu Hypermarket, Amazon.ae, Virgin Megastore, IKEA
• Multi-Brand & Digital Platforms: YouGotaGift, Mall Gift Cards

New Innovations & Market Evolution (Next 2-4 Years)

• Expansion of cryptocurrency-based gift cards.
• Growing influence of AI-driven personalization in digital gift cards.
• Strengthening regulatory oversight to enhance consumer trust.

Who Should Read This Report?

• Investors & Financial Institutions: Identifying growth and investment opportunities.
• Retailers & E-commerce Platforms: Adapting to evolving consumer gifting trends.
• Corporations & HR Departments: Leveraging gift cards for incentives and rewards.
• Market Analysts & Consultants: Understanding market dynamics and competitive strategies.

Companies Featured

• Carrefour
• Lulu Hypermarket
• Amazon.ae
• Spinneys
• Dubai Duty Free
• Virgin Megastore
• Sharaf DG
• IKEA
• Choithrams
• Mall Gift Cards

Key Attributes:

Report Attribute	Details
No. of Pages	325
Forecast Period	2025 - 2029
Estimated Market Value (USD) in 2025	$2.24 Trillion
Forecasted Market Value (USD) by 2029	$3.3 Trillion
Compound Annual Growth Rate	10.2%
Regions Covered	United Arab Emirates

Report Scope

This report provides in-depth, data-centric analysis of gift card industry in United Arab Emirates through 100+ tables and 280+ charts. Below is a summary of key market segments.

• United Arab Emirates Total Spend on Gifts
• United Arab Emirates Gift Card Market Size by KPIs across Consumer Segments
• United Arab Emirates Gift Card Market Size by Consumer Segment
• United Arab Emirates Digital Gift Card Market Size
• United Arab Emirates Gift Card Market Size by Retail Consumer
• United Arab Emirates Gift Card Spend by Consumer Behavior and Demographics
• United Arab Emirates Gift Card Market Size by Corporate Consumer
• United Arab Emirates Gift Spend by Product Categories (Split by Retail and Corporate Consumers)
• United Arab Emirates Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers)
• United Arab Emirates Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers)
• United Arab Emirates Gift Card Purchase by Payment Method

For more information about this report visit https://www.researchandmarkets.com/r/53e11

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