Categories: Wire Stories

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

DUBLIN–(BUSINESS WIRE)–The “Japan 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.

Gift card industry in Japan is expected to grow by 11.9% on annual basis to reach US$ 18038.1 million in 2021. Despite near-term challenges in 2021, medium to long term growth story of gift cards in Japan remains strong.

The gift card industry in Japan 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 8.8% during 2021-2025. The gift card market in the country will increase from US$ 16114.2 million in 2020 to reach US$ 25244.2 million by 2025.

The Japanese gift card market has been impacted due to the pandemic in the near term though a steady bounce back is expected in 2021. Retailers are increasing investment in digital gift cards to gain market share, as digital payment and e-commerce gains momentum in the country. COVID-19 has boosted e-commerce sales in Japan as consumers choose to shop online.

This is expected to continue in the medium and long term, which is expected to support growth of e-gift card in the country. Retailers with robust e-commerce and well established gift card programs are expected to gain market share in the medium to long term.

Amaten is one of the leading players in the gift card industry. The company announced plans to establish operations overseas in Dubai, UAE, in August 2020. Also, Amaten in collaboration with Aelf, a blockchain network provider, has a blockchain based gift cards offering. The company has been using blockchain and placing gift cards on smart contract offering security to retailers and merchants as well as solving the Gift Card Error issue which is commonly seen among other digital card market players.

In the COVID times, to provide monetary support due to economic slowdown, Amaten plans to allow merchants to issue gift cards which can be used in the future. It also enables gift card purchases via Bitcoin and helps shoppers redeem unwanted gift cards to cash. Amaten platform currently lists top 25 global merchant gift cards.

This report provides a detailed data centric analysis of gift cards and corporate incentive cards market along with consumer behaviour and retail spend dynamics in Japan. With over 200 KPIs at country level, this report provides comprehensive understanding of gift and incentive card market dynamics.

Scope

Total Spend on Gifts in Japan

  • By Consumer Segment (Retail and Corporate)
  • By Product Categories (13 Segments)
  • By Retail Sectors (7 Segments)

Gift Card Market Size by KPIs across Consumer Segments in Japan

  • Gross Load Value
  • Transaction Value
  • Unused Value
  • Average Value Per Transaction
  • Transaction Volume
  • Average Value of Card Purchased
  • Number of Cards

Gift Card Market Size by Consumer Segment in Japan

  • Retail Consumer
  • Corporate Consumer (Small Scale, Mid-Tier, Large Enterprise)

Digital Gift Card Market Size in Japan

  • By Retail Consumer
  • By Retail Purchase Occasion
  • By Corporate Consumer
  • By Corporate Purchase Occasion
  • By Company Size

Gift Card Market Size by Retail Consumer in Japan

  • By Functional Attribute
  • By Occasion
  • Festivals & Special Celebration Days
  • Milestone Celebration
  • Self-Use
  • Other
  • Value by Purchase Channel

Gift Card Spend by Consumer Behavior and Demographics in Japan

  • Consumer Purchase Behaviour
  • Gift Card Buyer by Age Group
  • Gift Card Buyer by Income Level
  • Gift Card Buyer by Gender

Gift Card Market Size by Corporate Consumer in Japan

  • By Functional Attribute
  • By Occasion
  • Employee Incentive
  • Sales Incentive
  • Consumer Incentive
  • By Scale of Business
  • Budget Allocation Trend for 2021

Gift Spend by Product Categories (Split by Retail and Corporate Consumers) in Japan

  • Food & Beverage
  • Health, Wellness & Beauty
  • Apparel, Footwear & Accessories
  • Books & Media Products
  • Consumer Electronics
  • Restaurants & Bars
  • Toys, Kids, and Babies
  • Jewelry
  • Sporting Goods
  • Home & Kitchen Accessories & Appliances
  • Travel
  • Entertainment & Gaming
  • Other

Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers) in Japan

  • Ecommerce & Department Stores
  • Restaurants & Bars
  • Supermarket, Hypermarket, Convenience Store
  • Entertainment & Gaming
  • Specialty Stores
  • Health & Wellness
  • Travel

Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers) in Japan

  • Gift Card Online Sales
  • Gift Card Offline Sales
  • 1st Party Sales
  • 3rd Party Sales
  • Sales Uplift

Closed Loop Gift Card Market Share by Key Retailers. Key Retailers Covered Include:

  • Seven & I Holdings Co Ltd
  • AEON Group
  • Lawson Inc
  • FamilyMart Co Ltd
  • Yamada Denki Co Ltd
  • Rakuten Inc
  • Amazon.com Inc
  • Isetan Mitsukoshi Holdings Ltd

For more information about this report visit https://www.researchandmarkets.com/r/bylyv6

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

Alex

Alex is a writer and digital content enthusiast who enjoys covering technology, current trends, useful tips, and topics that matter to everyday readers. With a focus on clear, informative, and easy-to-understand content, Alex aims to provide readers with practical insights and interesting perspectives across a wide range of subjects.

Recent Posts

Rot Weiss Essen vs RB Leipzig: DFB-Pokal Match Guide, Lineups, and Broadcast Info

Key takeaways:Rot Weiss Essen faces RB Leipzig in the DFB-Pokal knockout round on October 27,…

18 minutes ago

Marco Jansen: Why the South Africa Pace Star Has Australia Worried

Key takeaways:Marco Jansen is trending as the standout figure of the South Africa vs Australia…

47 minutes ago

Free Fire India Launch: October 28 Date, New Features, Delays and Open Questions

Key takeaways:Garena Free Fire India is slotted to launch on October 28, per Moneycontrol, with…

1 hour ago

ACL Two: East Bengal lose to Al Shorta, face Al Seeb Club away — how to watch

Key takeaways:ACL Two (AFC Champions League Two) is the Asian Football Confederation's second-tier club competition,…

2 hours ago

Wasim Akram: Pakistan’s Legendary Bowler Trending in Cricket News

Key takeaways:Wasim Akram, a former Pakistan fast bowler known as one of cricket's great left-arm…

2 hours ago

New Rs 1,500 Annual Toll Pass: Residents Within 20 km of Toll Plazas Eligible From Nov 1

Key takeaways:From November 1, residents living within 20 km of a toll plaza can buy…

2 hours ago