DUBLIN–(BUSINESS WIRE)–The “Thailand Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook): Spend Analysis by Digital/e-Gift Card, Retail & Corporate Consumers, Top Retailers, Distribution Channel, Occasions, and Demographics – Jan 2021 Update” report has been added to ResearchAndMarkets.com’s offering.
Thailand card market is expected to grow by 16.1% on annual basis to reach US$ 1795.4 million in 2021. Despite near-term challenges in 2021, medium to long term growth story of gift cards in Thailand remains strong.
The gift card industry in Thailand 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 14.2% during 2021-2025. The gift card market in the country will increase from US$ 1546.1 million in 2020 to reach…
