Denmark Gift Card and Incentive Card Market Report 2021-2025 Featuring FDB Group, Dansk Supermarked, Dagrofa ApS, Reitangruppen, Dixons Carphone, & Jysk
DUBLIN, Nov. 25, 2021 /PRNewswire/ -- The "Denmark Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast (2016-2025) - Q2 2021 Update" report has been added to ResearchAndMarkets.com's offering.
According to the Q2 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 9.4% on annual basis to reach US$ 855.9 million in 2021. Historically, the gift card market in Denmark has recorded a steady growth with a CAGR of 8.7% during 2016-2020.
Gift card market in 2020 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. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially in H1 2021.
Gift card industry in Denmark has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by Covid-19 outbreak.
Despite near-term challenges in 2021, medium to long term growth story of gift cards in Denmark remains strong. The gift card industry in Denmark 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 7.4% during 2021-2025. The gift card market in the country will increase from US$ 782.0 million in 2020 to reach US$ 1138.8 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 Denmark. With over 200 KPIs at country level, this report provides comprehensive understanding of gift and incentive card market dynamics.
Reasons to Buy
Closed Loop Gift Card Market Share by Key Retailers
Total Spend on Gifts in Denmark
Gift Card Market Size by KPIs across Consumer Segments in Denmark
Gift Card Market Size by Consumer Segment in Denmark
Digital Gift Card Market Size in Denmark
Gift Card Market Size by Retail Consumer in Denmark
Gift Card Spend by Consumer Behavior and Demographics in Denmark
Gift Card Market Size by Corporate Consumer in Denmark
Gift Spend by Product Categories (Split by Retail and Corporate Consumers) in Denmark
Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers) in Denmark
Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers) in Denmark
For more information about this report visit https://www.researchandmarkets.com/r/o6sp5p
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