Press Release
Press Release
The India gift cards market is anticipated to rise significantly in the forecast period due to rapid digitalisation in the corporate and retail sectors. The growing reach of electrical and electronic devices such as mobile phones, tablets, and other smart devices will likely propel the demand for digital gift cards. Over the forecast period, the rising awareness about the benefits of gift cards, which include security from fraud, theft and duplication, and increasing disposable incomes, is likely to bolster the market growth. The rising penetration of e-gift cards will further propel the market in the business strategy of the corporate sector. Gift cards have proven to be an effective method of building company-client relations by enhancing customer engagement. In terms of region, the tier-1 cities of India, such as Bangalore, Mumbai, Delhi, Chennai, and Hyderabad, are likely to witness a rise in the sales of the gift cards, owing to the thriving food and beverage, health, wellness and beauty, books and media products sectors, among others.
The diversified gift cards from Amazon (NASDAQ: AMZN) have attracted several corporate giants. These gift cards include e-gift cards with instant delivery, physical gift cards with a pre-loaded balance, brand vouchers for travelling, shopping, corporate/bulk gift cards targeted towards employee, and partner gifting, and many more. The e-gift cards have gained significant popularity due to the growing digitalisation and the increasing penetration of electronic devices ranging from mobile phones, tablets, computers, and laptops.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the Indian gift cards industry include Plasto Cards Private Limited, Creative Cards & Solutions, Creation Technics India Private Limited, Plastic Loyalty Cards, and Arahan Infotech, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.