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Middle East and Africa Gift Card and Incentive Card Market Report 2022: Increasing Product Launches Expected to Further Boost Gift Card Adoption Among Consumers in the UAE - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 15, 2022

Historically, the gift card market in Africa and Middle East has recorded a steady growth with a CAGR of 11.8% during 2016-2020.

Key Points: 
  • Historically, the gift card market in Africa and Middle East has recorded a steady growth with a CAGR of 11.8% during 2016-2020.
  • Despite near-term challenges in 2022, medium to long term growth story of gift cards in Africa and Middle East remains strong.
  • The gift card industry in Africa and Middle East is expected to grow steadily in H1 2022 and record a strong growth in H2 2022.
  • The gift card market in the country will increase from US$9555.0 million in 2021 to reach US$16817.1 million by 2026.

South Africa Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2022-2026 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 1, 2022

The "South Africa Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2022 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "South Africa Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2022 Update" report has been added to ResearchAndMarkets.com's offering.
  • Despite near-term challenges in 2022, medium to long term growth story of gift cards in South Africa remains strong.
  • The gift card industry in South Africa is expected to grow steadily in H1 2022 and record a strong growth in H2 2022.
  • Similar trends are visible in South Africa, where the Department of Health announced grocery gift card program in November 2021.