South Korea $4.56 Bn Gift Cards and Incentive Cards Market Intelligence and Future Growth Dynamics to 2023 - ResearchAndMarkets.com

DUBLIN--()--The "South Korea Gift Cards and Incentive Cards Market Intelligence and Future Growth Dynamics - Market Size and Forecast (2014-2023), Analysis of Business and Retail Consumer Spending Pattern, Attitude & Behaviour - Updated in Q3, 2019" report has been added to ResearchAndMarkets.com's offering.

The gift card market (value terms) in South Korea increased at a CAGR of 12.1% during 2014-2018. Over the forecast period of 2019 to 2023, the market is expected to record a CAGR of 6.9%, increasing from US$ 4,563.5 million in 2019 to reach US$ 5,956.5 million by 2023.

This report provides a detailed data centric analysis of gift cards and corporate incentive cards market along with consumer behaviour and retail spend dynamics in South Korea. With over 150 KPIs at country level, this report provides comprehensive understanding of gift and incentive card market dynamics.

Highlights

  • Gift cards: Drawing from proprietary survey results, this report provides in-depth analysis of opportunities in both open loop and closed loop prepaid gift card categories. Assesses consumer behaviour by type of consumer (retail and corporate - SMB, Mid-Tier, Large Enterprise), gifting occasion, digital gift card type, and market share by retail categories.
  • Details six essential KPIs: number of cards in circulation, load value, unused value, average purchase value, average value per transaction, and value of transactions.
  • Corporate incentive & loyalty cards: This report provides detailed market dynamics of corporate incentive cards, broadly segmented in four categories - consumer incentive card, employee incentive card, sales incentive card, and festival & other. It details market size and forecast at category level, by functional attribute (open loop and closed loop), and by corporate consumer segments (small scale business, mid-size business, and enterprise business).
  • Digital gift card analysis: Provides market size and forecast for digital gift cards, broken down by retail and corporate buyers and by occasion.
  • Open loop and closed loop: Provides market estimates and forecasts to assess opportunities in open loop and closed loop gift and incentive card segments across consumer segments.
  • Consumer attitude and behaviour: Drawing from proprietary survey results, this report identifies and interprets key prepaid KPIs, including spend by age, gender, and income level. In addition, it provides an overview of how consumers are currently using gift cards across key retail sectors.
  • Retail spend: Breaks down retail spend across 12 categories / sectors to provide detailed insights on consumer behaviour and changing dynamics of gift card spend.
  • Market share by retailer: Provides market share of closed loop gift cards by key retailers in South Korea.

Report Scope

Gift Card Market Size by KPIs across Consumer Segments in South Korea

  • 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 South Korea

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

Digital Gift Card Market Size in South Korea

  • By Retail Consumer
  • By Retail Purchase Occasion
  • By Corporate Consumer
  • By Corporate Purchase Occasion

Gift Card Market Size by Retail Consumer in South Korea

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

Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers) in South Korea

  • Health & Wellness
  • Travel
  • Apparel
  • Electronics
  • Fine Dining Restaurant
  • Department Store
  • Supermarket
  • Specialty Retail Store
  • Discount Store
  • Gas Station or Convenience Store
  • Fast Casual Restaurant
  • Entertainment
  • Other

Gift Card Spend by Consumer Behavior and Demographics in South Korea

  • 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 South Korea

  • By Functional Attribute
  • By Key Segments
  • Employee Incentive
  • Sales Incentive
  • Consumer Incentive
  • Festival & Other
  • By Scale of Business
  • Budget Allocation Trend for 2019

Employee Incentive Gift Card Market Size in South Korea

  • By Functional Attribute
  • By Scale of Business

Sales Incentive Gift Card Market Size in South Korea

  • By Functional Attribute
  • By Scale of Business

Consumer Incentive Gift Card Market Size in South Korea

  • Overall
  • By Scale of Business

Festival & Others Gift Card Market Size in South Korea

  • By Functional Attribute
  • By Scale of Business

Companies Mentioned

  • Lotte Group
  • Shinsegae Co Ltd
  • Hyundai Department Store Co Ltd
  • eBay Inc
  • Tesco Plc
  • GS Holdings Corp
  • SK Planet Co Ltd
  • BGF Retail Co Ltd
  • Costco Wholesale Corp
  • Seven & I Holdings Co Ltd
  • GS Homeshopping Co Ltd
  • AmorePacific Corp
  • Samsung Corp
  • Korea Agricultural Cooperative Marketing Inc
  • CJ O SHOPPING Co Ltd
  • CJ Cheiljedang Corp
  • Home & Shopping Co Ltd
  • LG Corp
  • Amway Corp
  • LG Household & Health Care Ltd
  • Nu Skin Enterprises Inc
  • Nongsusan Homeshopping Co Ltd
  • Daiso Sangyo Co Ltd
  • InterPark Corp
  • AEON Group

For more information about this report visit https://www.researchandmarkets.com/r/bp9sy6

Contacts

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Laura Wood, Senior Press Manager
press@researchandmarkets.com
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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900