Dublin, Sept. 26, 2022 (GLOBE NEWSWIRE) -- The "Indonesia Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2022 Update" report has been added to ResearchAndMarkets.com's offering.

Indonesia's gift card industry is expected to grow by 13.3% on annual basis to reach US$1807.4 million in 2022

Despite near-term challenges in 2022, medium to long term growth story of gift cards in Indonesia remains strong. The gift card industry in Indonesia is expected to grow steadily in H1 2022 and record a strong growth in H2 2022.

The growth momentum is expected to continue to grow over the forecast period, recording a CAGR of 7.7% during 2022-2026. The gift card market in the country will increase from US$1594.6 million in 2021 to reach US$2429.2 million by 2026.

Reasons to buy

Scope

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

Total Spend on Gifts in Indonesia

Gift Card Market Size by KPIs across Consumer Segments in Indonesia

Gift Card Market Size by Consumer Segment in Indonesia

Digital Gift Card Market Size in Indonesia

Gift Card Market Size by Retail Consumer in Indonesia

Gift Card Spend by Consumer Behavior and Demographics in Indonesia

Gift Card Market Size by Corporate Consumer in Indonesia

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

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

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

For more information about this report visit https://www.researchandmarkets.com/r/emk0a1