Mexico Gift Card and Incentive Card Market Report 2024 and Future Growth Dynamics - A US$5.5 Billion Market by 2028, Registering a CAGR of 9.2% During 2024-2028 - ResearchAndMarkets.com

The "Mexico Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q2 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The gift card industry in Mexico is expected to grow by 9.9% on annual basis to reach US$3.8 billion in 2024.

The gift card industry in Mexico will continue to grow over the forecast period and is expected to record a CAGR of 9.2% during 2024-2028. Mexico's gift card market is forecast to increase from US$3.5 billion in 2023 to reach US$5.5 billion by 2028.

The gift card market in 2023 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.

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.

Report Scope

Total Spend on Gifts in Mexico

• 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 Mexico

• 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 Mexico

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

Digital Gift Card Market Size in Mexico

• 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 Mexico

• By Functional Attribute
• By Occasion
• Festivals & Special Celebration Days
• Milestone Celebration
• Self-Use
• Other
• Value by Purchase Channel

Gift Card Spend by Consumer Behavior and Demographics in Mexico

• 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 Mexico

• 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 Mexico

• 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 Mexico

• 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 Mexico

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

Closed Loop Gift Card Market Share by Key Retailers. Key Retailers Covered Include:

• Wal-Mart Stores Inc
• Organizacion Soriana SAB de CV
• Grupo Comercial Chedraui Sa de CV
• Controladora Comercial Mexicana SAB de CV
• Farmacias Similares SA de CV
• Corporativo Fragua Sa de CV
• Home Depot Inc, The

Reasons to buy

• Comprehensive comprehension of the dynamics of the gift card and incentive card markets: Recognise the opportunities in the market, the main drivers and trends, and the five-year projection for gift and incentive cards in Mexico.
• Create strategies tailored to the market: To create your gift card strategy, identify growth categories and target particular opportunities across consumer segments and occasions; evaluate important trends and risks unique to your market.
• Learn about the attitudes and behaviours of consumers in Mexico: Increase ROI by understanding how consumer attitudes and behaviours are evolving. With gift cards, you may obtain comprehensive information about retail spending for both corporate and retail customers.
• Six key performance indicators (KPIs) provide a comprehensive view: the quantity of cards in circulation, load value, unused value, average purchase value, average value per transaction, and transaction value.
• Distribution channel insights: Recognise the differences in gift card sales across online and offline channels as well as between first-party and third-party sales.

Companies Featured:

• Wal-Mart Stores
• Organizacion Soriana SAB de CV
• Grupo Comercial Chedraui Sa de CV
• Controladora Comercial Mexicana SAB de CV
• Farmacias Similares SA de CV
• Corporativo Fragua Sa de CV
• Home Depot Inc

Key Attributes:

Key Topics Covered:

• Mexico Total Gift Spend Analyzer
• Mexico Retail Consumer Gift Spend Analyzer
• Mexico Corporate Consumer Gift Spend Analyzer
• Mexico Gift Card Spend Analyzer
• Mexico Digital Gift Card Spend Analyzer
• Mexico Gift Card Spend Share by Demographics and Purchase Behaviour
• Mexico Retail Consumer Gift Card Spend Analyzer
• Mexico Retail Consumer Gift Card Spend Analysis by Functional Attribute, 2019-2028
• Mexico Retail Consumer Gift Card Spend Analysis by Occasion
• Mexico Corporate Consumer Gift Card Spend Analyzer
• Mexico Corporate Consumer Gift Card Spend Analysis by Functional Attribute
• Mexico Corporate Consumer Gift Card Spend Analysis by Occasion
• Mexico Corporate Consumer Gift Card Spend Analysis by Company Size
• Mexico Corporate Consumer Gift Card Spend Analysis by Company Size X Functional Attribute
• Mexico Gift Card Spend Analysis by Distribution Channel
• Mexico Gift Card Spend Analysis by Retail Sector
• Mexico Retail Consumer Gift Card Spend Analysis by Retail Sector
• Mexico Corporate Consumer Gift Card Spend Analysis by Retail Sector
• Mexico Closed Loop Gift Card Market Share Analysis by Top Retailers, 2023

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

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912768447/en/