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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.
Philippines
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