Press release
PayNXT360 Expects the Gift Card Industry in Chile to Increase From US$797.2 million in 2021 to Reach US$1529.7 million by 2026| Total Spend on Gifts| Gift Card Market Size by Retail Consumer| Gift Spend by Product Categories
Gift card industry in Chile has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by Covid-19 outbreak.
Historically, the gift card market in Chile has recorded a steady growth with a CAGR of 14.1% during 2017-2021. According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 15.2% on annual basis to reach US$ 918.7 million in 2022.
Despite near-term challenges in 2022, medium to long term growth story of gift cards in Chile remains strong. The gift card industry in Chile 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 13.6% during 2022-2026. The gift card market in the country will increase from US$ 797.2 million in 2021 to reach US$ 1529.7 million by 2026.
Scope
Total Spend on Gifts in Chile
• 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 Chile
• 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 Chile
• Retail Consumer
• Corporate Consumer (Small Scale, Mid-Tier, Large Enterprise)
Digital Gift Card Market Size in Chile
• 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 Chile
• By Functional Attribute
• By Occasion
1. Festivals & Special Celebration Days
2. Milestone Celebration
3. Self-Use
4. Other
• Value by Purchase Channel
Gift Card Spend by Consumer Behavior and Demographics in Chile
• 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 Chile
• By Functional Attribute
• By Occasion
1. Employee Incentive
2. Sales Incentive
3. Consumer Incentive
• By Scale of Business
Gift Spend by Product Categories (Split by Retail and Corporate Consumers) in Chile
• 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 Chile
• 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 Chile
• Gift Card Online Sales
• Gift Card Offline Sales
• 1st Party Sales
• 3rd Party Sales
• Sales Uplift
To get detailed insights and FREE sample report please click here @
https://www.paynxt360.com/report-store/view/chile-gift-card-and-incentive-card-235
Reason to buy
• In-depth understanding of gift card and incentive card market dynamics: Understand market opportunity, key trends and drivers along with five-year forecast (2017-2026) for gift cards and incentive cards in Chile.
• Develop market specific strategies: Identify growth segments and target specific opportunities across consumer segments and occasions to formulate your gift cards strategy; assess market specific key trends and risks.
• Get insights into consumer attitude and behaviour in Chile: Understand changing consumer attitude and behaviour and boost ROI. Get detailed insights into retail spend through gift cards for both retail and corporate consumers.
• Get complete perspective through six essential KPIs: number of cards in circulation, load value, unused value, average purchase value, average value per transaction, and value of transactions.
• Distribution channel insights: Understand gift cards sales dynamics by channels - online vs offline and by 1st party vs 3rd party sales.
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PayNXT360 is a strategy research and consulting firm providing a business intelligence on BNPL, prepaid cards, digital & mobile wallets, embedded finance, digital lending, remittance, and innovative payment solutions. Through exhaustive databases and in-depth analyst reports, we offer detailed and unbiased insights into emerging opportunities and risks across global markets. For more information, please visit our website www.paynxt360.com
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