This report details the impact of economic slowdown along with change in business and consumer sentiment due to disruption caused by COVID outbreak on gift card industry. Though growth of gift card industry has been impacted due to pandemic, there are certain segments which will gain market share. There are interesting trends emerging across various segments, which are expected to fundamentally reshape gift card industry dynamics.

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Dublin, Aug. This report details the impact of economic slowdown along with change in business and consumer sentiment due to disruption caused by COVID outbreak on gift card industry. Though growth of gift card industry has been impacted due to pandemic, there are certain segments which will gain market share. There are interesting trends emerging across various segments, which are expected to fundamentally reshape gift card industry dynamics.
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We request your telephone number so we can contact you in the event we have difficulty reaching you via email. We aim to respond to all questions on the same business day. Enquire Now. Report Description In line with broader trends observed in Latin America, gift card has witnessed strong adoption across retail and corporate segments in Chile over the last few years. In , the author expects growth in retail consumer segment to be driven by changing consumer preference towards gift card and self-use segments. This will be largely influenced by new socio-economic market realities due to Covid outbreak. The gift card industry in Chile will continue to grow over the forecast period and is expected to record a CAGR of Digital gift card segment is expected to gain market share, outperforming the overall gift card market in Chile. At a fundamental level, this is driven by growing e-commerce market and smartphone user base in the country, supported by current market dynamics due to pandemic. Corporate spending is another factor that is driving the growth of the gift card industry in the country.
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