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Canada Gift Card and Incentive Card Market Report 2024: A US$9.4 Billion Market by 2028, Registering a Forecasted 4.9% CAGR During 2024-2028
Wednesday, March 27, 2024

DUBLIN, March 27, 2024 /PRNewswire/ -- The "Canada Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

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Canada's gift card industry is expected to reach US$7.7 billion in 2024 and will continue to grow over the forecast period and is expected to record a CAGR of 4.9% during 2024-2028. The Canadian gift card market is forecast to increase from US$7.3 billion in 2023 to reach US$9.4 billion by 2028.

This report provides a detailed data centric analysis of gift card market, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at country level, this report provides a comprehensive understanding of gift card market dynamics, market size and forecast.

Company Coverage: Real Canadian Superstore, Shoppers Drug Mart, Home Depot, Canadian Tire, Dollarama, Home Hardware, Amazon, Safeway and Loblaw

Key Report Highlights

    --  In-depth understanding of gift card and incentive card market dynamics:
        Understand market opportunity, key trends and drivers along with
        five-year forecast (2019-2028) for gift cards and incentive cards in
        Canada.
    --  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 Canada: 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.

Report Scope

Total Spend on Gifts in Canada

    --  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 Canada

    --  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 Canada

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

Digital Gift Card Market Size in Canada

    --  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 Canada

    --  By Functional Attribute
    --  By Occasion
    --  Value by Purchase Channel

Gift Card Spend by Consumer Behavior and Demographics in Canada

    --  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 Canada

    --  By Functional Attribute
    --  By Occasion
    --  By Scale of Business

Gift Spend by Product Categories (Split by Retail and Corporate Consumers) in Canada

    --  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 Canada

    --  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 Canada

    --  Gift Card Online Sales
    --  Gift Card Offline Sales
    --  1st Party Sales
    --  3rd Party Sales
    --  Sales Uplift

Gift Card Sales Estimates by Key Retailers

For more information about this report visit https://www.researchandmarkets.com/r/5kwx52

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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View original content:https://www.prnewswire.com/news-releases/canada-gift-card-and-incentive-card-market-report-2024-a-us9-4-billion-market-by-2028--registering-a-forecasted-4-9-cagr-during-2024-2028--302099518.html

SOURCE Research and Markets



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