Canada Gift Card and Incentive Card Market Intelligence Report 2023: Market is Expected to Grow by 6.2% to Reach $7,200.3 Million in 2023

Company Logo

Company Logo

Dublin, March 23, 2023 (GLOBE NEWSWIRE) — The “Canada Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering. The gift card market in Canada has recorded a CAGR of 7.0% during 2018-2022. Canada’s gift card industry is expected to grow by 6.2% on annual basis to reach US£ 7,200.3 million in 2023.

Gift card market in 2022 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. The gift card industry in Canada will continue to grow over the forecast period and is expected to record a CAGR of 5.1% during 2023-2027.

Gift card market in the country will increase from US£ 6,777.1 million in 2022 to reach US£ 8,801.5 million by 2027. 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.

Reasons 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 (2018-2027) 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.

Story continues
Closed Loop Gift Card Market Share by Key Retailers.

Key Retailers Covered Include: 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

Gift Card Market Size by Consumer Segment in Canada Digital Gift Card Market Size in Canada Gift Card Market Size by Retail Consumer in Canada

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

  • Employee Incentive

  • Sales Incentive

  • Consumer Incentive

  • 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

For more information about this report visit https://www.researchandmarkets.com/r/g23l83

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. 

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] 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

Tags:

bt-total-broadband listed on couponmatrix.ukclick-basin listed on couponmatrix.uklongleat listed on couponmatrix.ukprotein-dynamix listed on couponmatrix.uksandals-holidays listed on couponmatrix.uksuperga listed on couponmatrix.uk
bt-total-broadband listed on couponmatrix.ukCraving super-fast fibre broadband without forking out a fortune? Discover BT Broadband and browse, stream and download your way to happiness. With a range of packages to suit every budget, BT Broadband has a deal perfect for your household. Upgrade for less with a BT Broadband voucher and enjoy reliable speeds, all day, every day. Ditch the battle for bandwidth - with average speeds of 67Mb, everyone can stay connected for less.
click-basin listed on couponmatrix.ukOur Click Basin coupons can help you bag all sorts of savings on kitting out your home with basins, taps and more. Specialising in washroom sinks of various shapes and sizes, not having high street retail space or providing kitchen items or extra bathroom products allows the team to focus on quality of product, offering a varied selection of styles and designs, good value for money and a high level of service. Options range from stone and glass basins to countertop models, wall-mounted basins, irregular shapes, tap sets, mirror cabinets and more, with trade orders also catered for. So the next time you're thinking of decking out a bathroom, check out our latest Click Basin coupon codes first. A family-run company, Click Basin specialise in offering a host of sinks to suit any space, along with related products such as taps, plugs, traps and wastes. With the emphasis on providing high-quality items, the team stock brand new, unopened products, unless stated, and inspect them before selling them. A seven-day no-quibble money back guarantee is offered on all purchases, with the team striving to communicate with clients throughout the process. Their products can be tailored to suit most rooms from en-suites to grand master bathrooms, with a wide range of styles available, all with free shipping to mainland UK addresses. The company aims to provide a personal, polite, prompt and professional service, with clients even encouraged to shop around in order to see the sort of value for money offered at Click Basin. A host of 'how to' guides are also available on their site, covering areas as diverse as sink maintenance, oak cabinet care and beyond. So if you're looking for a bit of advice when it comes to bathroom design, have a look at our latest selection of Click Basin promo codes to pick up some savings. If you're looking to get a sink into an awkward corner, or have some grand designs for an opulent master bathroom complete with oak cabinets, then grab one of our Click Basin coupons to save on putting your stamp on the space.
longleat listed on couponmatrix.ukThere’s a world of adventure to be had at Longleat, all year round! Take a drive on the wild side and visit the safari, complete with mischievous monkeys, wild tigers and even rhinos. If you want to get up close and personal then you can feed the lorikeets and meet the meerkats too. There’s so much to do and with your Longleat vouchers you can experience it all without breaking the bank. At the end of the day, take a break at the regal house and gardens and soak up some history.
protein-dynamix listed on couponmatrix.ukGive your muscles some added fire power with the range of protein products at Protein Dynamix and elevate your performance for a very affordable price. All you need is a Protein Dynamix discount code from us to stock up on top quality products at wholesale prices. Whether you’re looking to bulk up, build lean muscle or drop a few pounds to get ahead in your game, Protein Dynamix will tick all your boxes and have you hitting your targets with ease!
sandals-holidays listed on couponmatrix.ukSandals pioneered the concept of upmarket, all-inclusive beach resorts in the Caribbean with their first venture in Montego Bay, Jamaica. This wildly-successful hotel remains their flagship site, providing the template for a total of over twenty resorts covered by five different brands, all of which are accessible for far less than you might think with our Sandals promo code. Stunning beaches, lush, island paradises, gourmet food and in-house watersports mean you're guaranteed a fabulous trip every time - so stop dreaming, choose your location and get ready for effortless, exotic fun in the sun.
superga listed on couponmatrix.ukLevel up your trainer game and get heads turning with some new kicks from SuperGa, the designer shoe brand that originated over 100 years ago in Italy and now has customers all over the world. With a SuperGa voucher code you’ll be making great savings across all the ranges of espadrilles, plimsolls and sliders at SuperGa so get online today and start shopping for your next footwear fix.