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2021 Middle East and Africa Gift Card and Incentive Card Market Growth Dynamics - Spend Analysis by Digital Card, Top Retailers, Distribution Channel, Occasions and Demographics - ResearchAndMarkets com

ResearchAndMarkets.com’s offering. The strong growth in the e-commerce sector primarily supported the overall gift card industry during 2020, a trend expected to continue over the forecast period. Increasing smartphone penetration and consumer’s inclination towards online shopping has positively impacted e-commerce sector. In South Africa, for instance, the growth in the e-commerce market is one of the factors driving gift card market growth in the country. With growing online sales the spending on gift cards is also likely to increase in the country. The gift card market in Kenya recorded substantial growth in the last few years. As one of East Africa’s largest economies, technological advancements in the payment industry widened the scope of the gift card market in Kenya. The market growth has been primarily backed by the rising adoption of gift cards by the millennials and Gen Z consumers, expansion of the retail sector, and growing inclination towards cryptocurrencies.

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South Africa Cosmetics Industry Report 2021: Influencing Factors, Competition, Outlook, Growing Trends, Industry Associations

Share this article Share this article ResearchAndMarkets.com s offering. This report focuses on South Africa s cosmetics industry and includes information on the state of the sector, latest statistics, developments and investment. There are profiles of 90 companies including multinationals such as Unilever, Johnson & Johnson and Reckitt Benckiser, large retailers of cosmetics including Clicks, Dis-Chem Pick n Pay, Shoprite and Woolworths, and industry-focused companies such as Imbalie Beauty The Cosmetics Industry in South Africa: Consumer spending patterns are reflecting the economic downturn caused by the impact of the pandemic, with spending focused on essential items. The lockdown has had a significant effect on the industry as frequent handwashing and use of hand sanitisers has resulted in increased use of hand creams and lotions to moisturise the skin. Numerous cosmetics companies have started manufacturing hand sanitisers. Retailers reported increased sales of haircare pr

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South Africa Cosmetics Industry Report 2021: Digitalisation, Wellness, Personalisation and Sustainability Gaining Prominence - ResearchAndMarkets com

South Africa Cosmetics Industry Report 2021: Digitalisation, Wellness, Personalisation and Sustainability Gaining Prominence - ResearchAndMarkets com
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.

South africaLaura woodClarins south africa pty ltdFmcg pty ltdBrands pty ltdLee chem laboratories pty ltdCanway pty ltdEnviron skin care pty ltdCosmetix pty ltdAloes pty ltdUnilever south africa pty ltdTakealot online rf pty ltdLoreal manufacturing midrand pty ltdGivaudan south africa pty ltdClicks south africa pty ltdLulu and marula pty ltd

Global Gift Card and Incentive Card Market Report 2021 - Economic Slowdown Due to COVID-19 is Changing Consumer s Gifting Pattern

Global Gift Card and Incentive Card Market Report 2021 - Economic Slowdown Due to COVID-19 is Changing Consumer s Gifting Pattern
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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South Africa Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021 - ResearchAndMarkets com

ResearchAndMarkets.com’s offering. Historically, the gift card market in South Africa has recorded a steady growth with increased adoption in self-use segment. According to the publisher, gift card market growth in South Africa is expected to be impacted across retail and corporate segments due to disruption caused by COVID-19 outbreak. However, certain segments such as self-use which will gain significant market share. The pandemic induced economic downturn is forcing companies to have an online presence and push their e-commerce offerings which could improve e-commerce growth in the country. The shift from brick and mortar to e-commerce in South Africa has been slow, although half of the population has access to the internet. However, due to the COVID-19 outbreak, the retailers and delivery start-ups have begun selling online and have witnessed an increase in demand as consumers stay away from in-store shopping due to the fear of spread of coronavirus.

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