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Philippines Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021-2025 - ResearchAndMarkets.com
March 4, 2021 GMT
DUBLIN (BUSINESS WIRE) Mar 4, 2021
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The gift card industry in Philippines has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by the COVID-19 outbreak.
Philippines has recorded a steady growth with a CAGR of 12.7% during 2016-2020. According to the publisher’s Q4 2020 Global Gift Card Survey, gift card industry in the country is expected to grow by 15.4% on annual basis to reach US$ 523.6 million in 2021.
The "Chile 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, Occasions, and Demographics - Jan 2021 Update" report has been added to ResearchAndMarkets.com's offering.
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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Indonesia Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Databook 2021-2025 - ResearchAndMarkets.com
February 26, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 26, 2021
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According to the publisher’s Q4 2020 Global Gift Card Survey, gift card industry in Indonesia is expected to grow by 15.4% on annual basis to reach US$ 1576.2 million in 2021.
Despite near-term challenges in 2021, medium to long term growth story of gift cards in Indonesia remains strong. The gift card industry in Indonesia 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 9.9% during 2021-2025. The gift card market in the country will increase from US$ 1365.7 million in 2020 to reach US$ 2302.6 million by 2025.