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Stock impact report

Global Gift Card and Incentive Card Market Subscription 2024 - A US $716.9 Billion Market by 2028, Registering 6.6% CAGR During 2023-2028 [Yahoo! Finance]

TJX Companies, Inc. (The) (TJX) 
Last tjx companies, inc. (the) earnings: 2/26 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.tjx.com
Company Research Source: Yahoo! Finance
The global gift card industry is expected to reach US$555.8 billion in 2024 and will continue to grow over the forecast period, to record a CAGR of 6.6% during 2023-2028. The global gift card market is forecast to increase from US$515 billion in 2023 to reach US$716.9 billion by 2028. Digital gift cards are projected to lead the sector growth amid rising digitalization and uptake of digital payments. The global market will receive growth support from government disbursement programs. In 2023, several local and regional government authorities launched gift card programs to support local businesses and underserved communities. The trend is projected to continue further in the global market in 2024. Gift card platforms are launching new features to elevate customer experience. The trend of strategic partnerships to launch new gift card products is also projected to gain momentum in 2024. Gift card businesses are also expected to seek acquisition opportunities in global and regional Show less Read more
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