Belgium Gift Card and Incentive Card Market Report 2021-2025 Featuring Etn Franz Colruyt, Delhaize Group, Aldi, Inter Ikea Systems, Blokker Nederland
Dublin, Nov. 11, 2021 (GLOBE NEWSWIRE) -- The "Belgium 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 Belgium is expected to grow by 10.5% on annual basis to reach US$ 1448.2 million in 2021.
Despite near-term challenges in 2021, medium to long term growth story of gift cards in Belgium remains strong. The gift card industry in Belgium 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 7.8% during 2021-2025. The gift card market in the country will increase from US$ 1310.6 million in 2020 to reach US$ 1958.9 million by 2025.
Gift card industry in Belgium has recorded subdued growth in 2020. The publisher expects a bounce back towards end of Q1 2021. Impact on gift card sector due to socio-economic environment driven by COVID-19 outbreak has been much less than overall gifting industry. This also means that gift card penetration in Belgium will increase more than previous forecast.
The broader growth in the gift card industry has been supported by growing popularity of digital gift cards. Another factor that is driving the growth of the gift card market in Belgium includes the corporate acceptance of the gift card. In particular, players are focusing on offering value added solutions to increase market share in corporate segment.
In Belgium, Monizze is one of the leading third party players in the gift card industry that provides gift vouchers to employers and individuals. Monizze offers 3-in-1 card that contains 3 extra-legal benefits (meal, eco and gift vouchers).
Apart from this, the ability to buy bitcoins using Amazon and other gift cards are also likely to boost the growth of the gift card market in the country. There is growing usage of gift cards as a way to trade in bitcoins. Some of the key players that offer gift cards for buying cryptocurrencies include paxful.com and bit4coin.net.
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 Belgium. With over 200 KPIs at country level, this report provides comprehensive understanding of gift and incentive card market dynamics.
Scope
Closed Loop Gift Card Market Share by Key Retailers
Etn Franz Colruyt NV
Delhaize Group Sa
Aldi Group
Inter Ikea Systems BV
Blokker Nederland BV
Total Spend on Gifts in Belgium
By Consumer Segment (Retail and Corporate)
By Product Categories (13 Segments)
By Retail Sectors (7 Segments)
Gift Card Market Size by KPIs across Consumer Segments in Belgium
Gross Load Value
Transaction Value
Unused Value
Average Value Per Transaction
Transaction Volume
Average Value of Card Purchased
Number of Cards
Gift Card Market Size by Consumer Segment in Belgium
Retail Consumer
Corporate Consumer (Small Scale, Mid-Tier, Large Enterprise)
Digital Gift Card Market Size in Belgium
By Retail Consumer
By Retail Purchase Occasion
By Corporate Consumer
By Corporate Purchase Occasion
By Company Size
Gift Card Market Size by Retail Consumer in Belgium
By Functional Attribute
By Occasion
Festivals & Special Celebration Days
Milestone Celebration
Self-Use
Other
Value by Purchase Channel
Gift Card Spend by Consumer Behavior and Demographics in Belgium
Consumer Purchase Behaviour
Gift Card Buyer by Age Group
Gift Card Buyer by Income Level
Gift Card Buyer by Gender
Gift Card Market Size by Corporate Consumer in Belgium
By Functional Attribute
By Occasion
Employee Incentive
Sales Incentive
Consumer Incentive
By Scale of Business
Budget Allocation Trend for 2021
Gift Spend by Product Categories (Split by Retail and Corporate Consumers) in Belgium
Food & Beverage
Health, Wellness & Beauty
Apparel, Footwear & Accessories
Books & Media Products
Consumer Electronics
Restaurants & Bars
Toys, Kids, and Babies
Jewelry
Sporting Goods
Home & Kitchen Accessories & Appliances
Travel
Entertainment & Gaming
Other
Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers) in Belgium
Ecommerce & Department Stores
Restaurants & Bars
Supermarket, Hypermarket, Convenience Store
Entertainment & Gaming
Specialty Stores
Health & Wellness
Travel
Gift Card Spend by Distribution Channel (Split by Retail and Corporate Consumers) in Belgium
Gift Card Online Sales
Gift Card Offline Sales
1st Party Sales
3rd Party Sales
Sales Uplift
For more information about this report visit https://www.researchandmarkets.com/r/1n8iou
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