Press release content from Business Wire. The AP news staff was not involved in its creation.
United Arab Emirates Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021-2025 - ResearchAndMarkets.com
February 25, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 25, 2021
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The UAE gift card market has grown rapidly over the recent years as customers increasingly prefer gift cards over conventional gifts.
Also, the growth of e-commerce has opened new horizons for the digital gift card market. The e-commerce market is further expected to grow as consumers continue to shop online and as merchants recognize the need for online presence. Moreover, due to the pandemic, there has been a shift to online shopping. This trend is expected to continue in the long term as consumers prefer more flexible payment options available during online shopping. Retailers are capitalizing on this trend and offering digital gift cards to attract customers and drive reven
Press release content from Business Wire. The AP news staff was not involved in its creation.
Singapore Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021-2025 - ResearchAndMarkets.com
February 25, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 25, 2021
The gift card market in Singapore grew despite impact on socio-economic environment by the COVID-19 outbreak.
While the pandemic has negatively impacted growth across key industries, there has been a large-scale adoption of digital payment both by retail and business consumers. Supported by broader industry trends, and shift in consumer behavior, overall gifting and gift card industry has witnessed fundamental changes. Consequently, sale of digital gift card has witnessed sharp increase.
The "Sweden Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook): Spend Analysis by Digital/e-Gift Card, Retail Corporate Consumers, Top Retailers, Distribution Channel
Research and Markets: Germany Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Databook 2021 - ResearchAndMarkets.com
ResearchAndMarkets.com s offering.
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 $12,162.6 Million Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics to 2025 - ResearchAndMarkets.com
ResearchAndMarkets.com s offering.
United Kingdom is expected to grow by 10.9% on annual basis to reach US$ 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.