Kenya Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Databook 2020 with Covid-19 Update - Press Release digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.
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ResearchAndMarkets.com s offering. This report details the impact of economic slowdown along with change in business and consumer sentiment due to disruption caused by Covid-19 outbreak on gift card industry in Thailand.
Historically, the gift card market in Thailand has recorded a steady growth with a CAGR of 19.5% during 2015-2019. However, According to the Q2 2020 Global Gift Card Survey, gift card market in Thailand is expected to be impacted across retail and corporate segments due to disruption caused by Covid-19 outbreak.
Though growth of gift card industry will be impacted due to pandemic, there are certain segments such as self-use which will gain significant market share. Adoption of e-Gift cards is also expected to increase significantly over the next 4-6 quarters. There are interesting trends emerging across various segments, which are expected to fundamentally reshape gift card industry dynamics.