The size of the gift card market in Italy is expected to reach $18.26 billion by 2028

Italy Gift Cards: Market

PORTLAND, OR, USA, March 30, 2022 /EINPresswire.com/ — According to a recent report published by Allied Market Research, titled “Gift card market in Italy by functional attribute (open-loop card and closed-loop card), distribution channel (online and offline), product type (physical gift card and digital gift card), end user (retail and corporate), group Age (Gen X, Gen Z / Millennials & Boomers), Application (Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment, and Others): Opportunity Analysis & Forecast 2021-2028”, the size of the Gift Card industry in Italy was valued at $6.55 Billion in 2020 and is expected to reach $18.26 Billion by 2028, growing at a CAGR of 13.9% from 2021 to 2028.

The report presents drivers, restraints, and opportunities for the Italy gift card market. It also distributes detailed information on current schemes adopted by industry leaders. At the same time, it also highlights how such smart approaches such as partnership, expansion, group effort, joint ventures, and others are incorporated to accelerate market growth.

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Top 10 Players Featured in Italy Gift Card Market Report: Amazon.com, Inc., Auchan Holding, Apple Inc., Conad, Carrefour Group, EUROSPAR, Esselunga SpA, EPIPOLI SPA, PANORAMA and Square, Inc.

Allied Market Research intervenes to convey an all-inclusive service/product mapping. This therefore helps our specialists to understand the drifts and current movements of the market. The final copy, however, features a plethora of original facts and figures that are thoroughly assessed and cross-checked with multiple published sources. At the same time, to help prominent players with their respective market share, AMR establishes paid phone interviews with industry deans and aces to help them gain relevant insights into the Italian gift card market. In addition, internal market deans play an important role in presenting analytical tools and simulations adapted to the very requirements of the industry.

COVID-19 scenario:

The COVID-19 outbreak has had a negative impact on the global economy. The report provides a brief overview of the impact of the coronavirus on the global market. The Italy Gift Card Market report focuses on the imperative strategies adopted by the major players throughout this global health crisis. Nevertheless, many security measures are taken by most government agencies across the world, while the massive deployment of inoculation has also been initiated in several countries. This factor should help the market recover very soon. Therefore, the report also describes the post-pandemic scenario of the Italian gift card market.

Key Segmentation-

Moreover, the study depicts detailed market segmentations which are further categorized into sub-markets to help stakeholders gain a competitive understanding of the industry. Provincial breakdowns are also offered with the breadth of the Italian gift card market. The report also presents a comprehensive assessment of the companies in terms of service/product offerings, overall business and financial performance, and development strategies.

The segmental study takes into account the real-time forecasts in the quantitative and qualitative aspects. This helps the clientele understand the most lucrative sections that shareholders can capitalize on. The leaders operating in the Italy Gift Card market are profiled in the report, where their strengths and current market position are also properly delineated. Company profiles include their financial details, business overviews, and growth strategies.

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The report will help potential investors:

• Understand global market dynamics
• Analyze the competitive scenario and future market trends using different constraints such as Porter’s five forces, parent/peer market, etc.
• Understand the influence and impact of government regulations throughout the global health crisis and assess the market during the pandemic
• Consider the wallets of the main leaders active in the Italian gift card market

Key market segments

• BY FUNCTIONAL ATTRIBUTE
o Open loop
o Closed loop
• BY DISTRIBUTION CHANNEL
in line
Offline
• BY TYPE OF PRODUCT
o Physical gift cards
o Digital gift cards
• BY THE END USER
o Retail establishments
o Corporate institutions
• BY AGE GROUP
o Generation X
o Generation Z/Millennium
o Baby boomers
• ON DEMAND
o Consumer goods
o Health and well-being
oRestaurants & Bars
o Travel & Tourism
o Media and Entertainment
o Others

ABOUT US

Allied Market Research (AMR) is a market research and business consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services and market insights across 11 verticals. Adopting in-depth research methodologies, AMR helps its clients make strategic business decisions and achieve sustainable growth in their market areas. We are staffed with qualified analysts and experts and have extensive experience working with many Fortune 500 companies and small and medium enterprises.

David Correa
Allied Analytics LLP
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