U.S. Markets open in 3 hrs 10 mins
  • S&P Futures

    4,003.75
    -16.00 (-0.40%)
     
  • Dow Futures

    32,063.00
    -57.00 (-0.18%)
     
  • Nasdaq Futures

    12,301.00
    -81.75 (-0.66%)
     
  • Russell 2000 Futures

    1,781.90
    -7.60 (-0.42%)
     
  • Crude Oil

    110.03
    -0.46 (-0.42%)
     
  • Gold

    1,802.50
    -5.70 (-0.32%)
     
  • Silver

    21.13
    +0.13 (+0.61%)
     
  • EUR/USD

    1.0423
    +0.0007 (+0.0625%)
     
  • 10-Yr Bond

    2.9350
    0.0000 (0.00%)
     
  • Vix

    29.54
    -2.23 (-7.02%)
     
  • GBP/USD

    1.2240
    -0.0022 (-0.1799%)
     
  • USD/JPY

    129.2980
    +0.1130 (+0.0875%)
     
  • BTC-USD

    29,766.20
    +135.31 (+0.46%)
     
  • CMC Crypto 200

    666.59
    -14.51 (-2.13%)
     
  • FTSE 100

    7,423.73
    +5.58 (+0.08%)
     
  • Nikkei 225

    26,547.05
    +119.40 (+0.45%)
     

Iran Gift Card and Incentive Card Market Report 2021: Market is Expected to Grow by 13.5% to Reach $628.1 Million in 2021 - Forecast to 2025

·3 min read

DUBLIN, Dec. 24, 2021 /PRNewswire/ -- The "Iran 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.

Research and Markets Logo
Research and Markets Logo

According to the Q2 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 13.5% on annual basis to reach US$ 628.1 million in 2021. Historically, the gift card market in Iran has recorded a steady growth with a CAGR of 8.4% during 2016-2020.

Despite near-term challenges in 2021, medium to long term growth story of gift cards in Iran remains strong. The gift card industry in Iran 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 11.0% during 2021-2025. The gift card market in the country will increase from US$ 553.2 million in 2020 to reach US$ 954.0 million by 2025.

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.

Gift card industry in Iran 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.

Scope

Total Spend on Gifts in Iran

  • 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 Iran

  • 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 Iran

  • Retail Consumer

  • Corporate Consumer (Small Scale, Mid-Tier, Large Enterprise)

Digital Gift Card Market Size in Iran

  • 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 Iran

  • 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 Iran

  • 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 Iran

  • 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 Iran

  • 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 Iran

  • 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 Iran

  • 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/3ab80t

Media Contact:

Research and Markets
Laura Wood, Senior 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

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Cision
Cision

View original content:https://www.prnewswire.com/news-releases/iran-gift-card-and-incentive-card-market-report-2021-market-is-expected-to-grow-by-13-5-to-reach-628-1-million-in-2021---forecast-to-2025--301450685.html

SOURCE Research and Markets