DUBLIN–(BUSINESS WIRE)–The “Vietnam Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering.
The gift card industry is expected to grow by 15.5% on annual basis to reach US$ 656.6 million in 2023. In value terms, the gift card market in Vietnam has recorded a CAGR of 17.6% during 2018-2022.
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.
The gift card industry in Vietnam will continue to grow over the forecast period and is expected to record a CAGR of 13.2% during 2023-2027. The gift card market in the country will increase from US$ 568.6 million in 2022 to reach US$ 1,078.0 million by 2027.
This report provides a detailed data centric analysis of the 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 the gift card market dynamics, market size and forecast.
Reasons to buy
Scope
Total Spend on Gifts in Vietnam
Gift Card Market Size by KPIs across Consumer Segments in Vietnam
Gift Card Market Size by Consumer Segment in Vietnam
Digital Gift Card Market Size in Vietnam
Gift Card Market Size by Retail Consumer in Vietnam
Gift Card Spend by Consumer Behavior and Demographics in Vietnam
Gift Card Market Size by Corporate Consumer in Vietnam
Gift Spend by Product Categories (Split by Retail and Corporate Consumers) in Vietnam
Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers) in Vietnam
Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers) in Vietnam
For more information about this report visit https://www.researchandmarkets.com/r/7ejrxz
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
PARIS, FRANCE - Media OutReach Newswire – 8 November 2024 - This year, OPPO once…
This year’s Loy Krathong event at ICONSIAM celebrates Thai cultural heritage, promotes sustainability, and shines…
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 8 November 2024 - KBTG…
PHNOM PENH, CAMBODIA - Media OutReach Newswire - 8 November 2024 - Neak Oknha Chen…
SINGAPORE - Media OutReach Newswire - 8 November 2024 – Singapore's beauty enthusiasts have a…
SINGAPORE - Media OutReach Newswire - 8 November 2024 - The Mineral Boutique, a premier…