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Indonesia Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Databook 2021-2025


Press release content from Business Wire. The AP news staff was not involved in its creation.
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. ....

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China Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Databook 2021-2025 – ResearchAndMarkets.com


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Chinese gift card market outperformed global peers, recording the strongest growth in 2020. The Chinese economy bounced back sharply with 4.9% growth between July and September 2020, outperforming global markets. Consequently, both retail and corporate consumer sentiment has turned positive, and in turn expected to drive growth of gift card in 2021.
Being the global leader in the e-commerce segment, the increasing number of internet users is driving the strong growth in China. With more than 900 million internet users, adoption of digital gift cards (e-gift cards) in China is faster than other comparable markets.
Increasingly, gift cards are being integrated into smartphone devices to enable mobile payment. Open loop gift cards and gift cards from leading online retailers are outperforming rest of the market, a trend expected to continue over the for ....

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Saudi Arabia Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021-2025


Press release content from Business Wire. The AP news staff was not involved in its creation.
Saudi Arabia 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 Saudi Arabia has witnessed change in consumer behavior due to the pandemic.
There has been shift from physical gift cards to e-gift cards as consumers prefer safe and convenient gifting options for family and friends especially during festive season. Though adoption of e-gift cards has been increasing prior to the pandemic, the penetration has further increased as consumers confine themselves to their homes due to fear of spread of coronavirus. ....

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