Dublin, Oct 7, 2020 (GLOBE NEWSWIRE) – The report “Argentina – Gift Cards and Incentive Cards Market Information and Future Growth Dynamics (Data Book) – Market Size and Forecast (2015-2024) – Update Covid-19 Q2 2020 Update “has been added to the ResearchAndMarkets. com offering. The gift card industry in Argentina will continue to grow during the forecasting era and is expected to register a CAGR of 12. 5% between 2020 and 2024. The market for gift cards at the place of acceptance in the country will grow through 779. 6 million. US dollars in 2019 to US $ 1,050. 8 million through 2024. The medium and long-term expansion history of gift cards in Argentina remains strong. In terms of value, Argentina’s gift card market registered a CAGR of 16. 6% between 2015 and 2019. Almost part of Argentina’s population is unbanked or underbanked. This means that there is a prospect of massive expansion for prepaid cards and gift cards in the country. Another factor that has led to the expansion of the gift card market in Argentina is business spending. Many organizations use gift cards as a tool to offer rewards and incentives to their employees. The growing adoption of the business sector is one of the main factors driving the gift card market in Argentina. Some of the top third parties in the gift card industry come up with traitergiftcards. com and giftly. com. Gift card adoption is expanding through e-commerce platforms and in-store acquisitions. Another emerging trend in Argentina is the acquisition of gift cards through cryptocurrencies, using platforms such as CGift gift cards. CGift has worked with the South American crypto wallet and response provider Lemon Cash, which will allow the acquisition of redeemable virtual cryptocurrency gift cards. It is very likely that this association will serve to encourage and help the expansion of the Gift Cards industry in the country. This report provides detailed data-driven research of the Gift Cards and Corporate Incentive Cards market as well as customer habit and retail dynamics. spending in Argentina. With more than two hundred key performance indicators at the country level, this report provides a comprehensive understanding of the Gift Cards and Incentive Cards market dynamics.
Size of KPI gift card market in segments in Argentina
Duration of the gift card market up to the customer in Argentina
Size of the virtual gift card market in Argentina
Spending gift cards through behavior and demographics in Argentina
Size of the gift card market through the public in Argentina
Spending on gift cards through product categories (distributed between retail and business) in Argentina
Spending with gift cards through the retail sector (distributed between retailers and companies) in Argentina
Percentage of closed-circuit gift card market through primary stores. Major covered stores include:
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