DUBLIN–(BUSINESS WIRE)–The “South Korea Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering.
Gift card market in 2022 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth.
In value terms, the gift card market in South Korea has recorded a CAGR of 10.3% during 2018-2022. According to the publisher, gift card industry in the country is expected to grow by 8.6% on annual basis to reach US$ 6,445.0 million in 2023.
The gift card industry in South Korea will continue to grow over the forecast period and is expected to record a CAGR of 7.5% during 2023-2027. Gift card market in the country will increase from US$ 5,935.5 million in 2022 to reach US$ 8,605.3 million by 2027.
This report provides a detailed data centric analysis of gift card market, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at country level, this report provides a comprehensive understanding of gift card market dynamics, market size and forecast.
Reasons to buy
Scope
Total Spend on Gifts in South Korea
Gift Card Market Size by KPIs across Consumer Segments in South Korea
Gift Card Market Size by Consumer Segment in South Korea
Digital Gift Card Market Size in South Korea
Gift Card Market Size by Retail Consumer in South Korea
Gift Card Spend by Consumer Behavior and Demographics in South Korea
Gift Card Market Size by Corporate Consumer in South Korea
Gift Spend by Product Categories (Split by Retail and Corporate Consumers) in South Korea
Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers) in South Korea
Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers) in South Korea
Closed Loop Gift Card Market Share by Key Retailers. Key Retailers Covered Include:
For more information about this report visit https://www.researchandmarkets.com/r/rm8fit
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
MOSCOW, RUSSIA - Media OutReach Newswire - 24 December 2024 - Wildberries, a leading e-commerce…
HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 24 December 2024 - JustMarkets…
BANGKOK, THAILAND - Media OutReach Newswire - 24 December 2024 - The Asia Corporate Excellence…
HOHHOT, CHINA - Media OutReach Newswire - 23 December 2024 - China's National Forestry and…
HONG KONG SAR - EQS Newswire - 23 December 2024 - Novautek Autonomous Driving Limited…
JAKARTA, INDONESIA - Media OutReach Newswire - 23 December 2024 - V-GREEN and PT Xanh…