DUBLIN–(BUSINESS WIRE)–The “Malaysia 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.
Historically, the gift card market in Malaysia has recorded a steady growth with a CAGR of 14.2% 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 17.2% on annual basis to reach US$ 1192.3 million in 2021.
Despite near-term challenges in 2021, medium to long term growth story of gift cards in Malaysia remains strong. The gift card industry in Malaysia 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 15.3% during 2021-2025. The gift card market in the country will increase from US$ 1016.9 million in 2020 to reach US$ 2108.6 million by 2025.
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 Malaysia. With over 200 KPIs at country level, this report provides comprehensive understanding of gift and incentive card market dynamics.
Reasons to Buy
Scope
Total Spend on Gifts in Malaysia
Gift Card Market Size by KPIs across Consumer Segments in Malaysia
Gift Card Market Size by Consumer Segment in Malaysia
Digital Gift Card Market Size in Malaysia
Gift Card Market Size by Retail Consumer in Malaysia
Gift Card Spend by Consumer Behavior and Demographics in Malaysia
Gift Card Market Size by Corporate Consumer in Malaysia
Gift Spend by Product Categories (Split by Retail and Corporate Consumers) in Malaysia
Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers) in Malaysia
Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers) in Malaysia
For more information about this report visit https://www.researchandmarkets.com/r/2s8p48
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