Research and Markets: Germany Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Databook 2021 - ResearchAndMarkets.com
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According to the publisher s Q4 2020 Global Gift Card Survey, gift card industry in Germany is expected to grow by 10.9% on annual basis to reach US$ 10493.8 million in 2021.
Despite near-term challenges in 2021, medium to long term growth story of gift cards in Germany remains strong. The gift card industry in Germany is expected to grow steadily in H1 2021 and record a strong growth in H2 2021. The growth momentum is expected to continue to grow over the forecast period, recording a CAGR of 9.6% during 2021-2025. The gift card market in the country will increase from US$ 9465.6 million in 2020 to reach US$ 15119.7 million by 2025.
Research and Markets: United Kingdom $12,162.6 Million Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics to 2025 - ResearchAndMarkets.com
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United Kingdom is expected to grow by 10.9% on annual basis to reach US$ 8507.6 million in 2021
Despite near-term challenges in 2021, medium to long term growth story of gift cards in United Kingdom remains strong. The gift card industry in United Kingdom is expected to grow steadily in H1 2021 and record a strong growth in H2 2021. The growth momentum is expected to continue to grow over the forecast period, recording a CAGR of 9.3% during 2021-2025. The gift card market in the country will increase from US$ 7668.8 million in 2020 to reach US$ 12162.6 million by 2025.
Research and Markets: Russia Gift Card and Incentive Card Market Report 2021: Spend Analysis by Digital/e-Gift Card, Retail & Corporate Consumers, Top Retailers, Distribution Channel, Occasions, and Demographics - ResearchAndMarkets.com
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The gift card market in 2020 was driven by a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially in H1 2021.
The "Greece Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) Spend Analysis by Digital e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel