Dublin, Sept. 11, 2020 (GLOBE NEWSWIRE) -- The "Vietnam Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast (2015-2024) - Covid-19 Update Q2 2020" report has been added to ResearchAndMarkets.com's offering.

The gift card market in Vietnam has recorded a steady growth with a CAGR of 22.9% during 2015-2019. However, According to the Q2 2020 Global Gift Card Survey, gift card market in Vietnam is expected to be impacted across retail and corporate segments due to disruption caused by Covid-19 outbreak.

This report details the impact of economic slowdown along with change in business and consumer sentiment due to disruption caused by Covid-19 outbreak on gift card industry in Vietnam.

Though growth of gift card industry will be impacted due to pandemic, there are certain segments such as self-use which will gain significant market share. Adoption of e-Gift cards is also expected to increase significantly over the next 4-6 quarters. There are interesting trends emerging across various segments, which are expected to fundamentally reshape gift card industry dynamics.

Despite near-term challenges, medium to long term growth story of gift cards in Vietnam remains strong. The gift card industry in Vietnam will continue to grow over the forecast period.

Reasons to Buy

Scope of the Report

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/l4v7xr

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: 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