Brazil Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021-2025 - ResearchAndMarkets.com

·4 min read

The "Brazil Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook): Spend Analysis by Digital/e-Gift Card, Retail & Corporate Consumers, Top Retailers, Distribution Channel, Occasions, and Demographics - Jan 2021 Update" report has been added to ResearchAndMarkets.com's offering.

Gift card industry in Brazil is expected to grow by 15.1% on annual basis to reach US$ 5082.2 million in 2021. Despite near-term challenges in 2021, medium to long term growth story of gift cards in Brazil remains strong. The gift card industry in Brazil is expected to grow steadily in H1 2021 and record a strong growth in H2 2021. The growth momentum is expected to continue to grow over the forecast period, recording a CAGR of 13.0% during 2021-2025. The gift card market in the country will increase from US$ 4416.7 million in 2020 to reach US$ 8276.9 million by 2025.

Brazilian gift card market in 2020 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. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially beginning Q2 2021.

As the e-commerce business continues to grow in Brazil, it will also benefit the growth of the gift card segment in the coming months. Brazilian e-commerce sales rose by over 63% during 2020, as consumers shifted to online shopping due to the pandemic. The e-commerce growth was also driven by shift of brick and mortar retailers and small merchants to online channel to improve their reach.

The growth in gift card market is likely to supported by mobile gift cards as contact free payments becomes an emerging trend owing to the pandemic. Consequently, e-gift cards are expected to gain momentum and are expected to witness growth in the coming quarters.

The gift card market in Brazil has also seen entrance of global players in the market. For instance, in November 2020, InComm Payments, a global payments solutions provider, acquired Todo Cartoes, a closed-loop gift card processor in Brazil, to expand its presence in Brazil. The deal will allow InComm process and distribute closed-loop gift cards to retailers in Brazil.

Scope

Total Spend on Gifts in Brazil

  • 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 Brazil

  • 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 Brazil

  • Retail Consumer

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

Digital Gift Card Market Size in Brazil

  • 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 Brazil

  • 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 Brazil

  • 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 Brazil

  • By Functional Attribute

  • By Occasion

  • Employee Incentive

  • Sales Incentive

  • Consumer Incentive

  • By Scale of Business

  • Budget Allocation Trend for 2021

Gift Spend by Product Categories (Split by Retail and Corporate Consumers) in Brazil

  • 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 Brazil

  • 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 Brazil

  • 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:

  • Casino Guichard-Perrachon SA

  • Natura Cosmeticos SA

  • Wal-Mart Stores Inc

  • Lojas Americanas SA

  • Adeo Groupe

  • Cencosud SA

  • Magazine Luiza SA

For more information about this report visit https://www.researchandmarkets.com/r/cdjbc5

View source version on businesswire.com: https://www.businesswire.com/news/home/20210308005387/en/

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

Latest Stories

  • Justice Department sues Roger Stone over $2M in unpaid taxes

    WASHINGTON — The Justice Department sued Donald Trump's ally Roger Stone on Friday, accusing the conservative provocateur and his wife of failing to pay nearly $2 million in income tax. The lawsuit was filed in federal court in Fort Lauderdale, Florida. It alleges the couple underpaid their income tax by more than $1.5 million from 2007 until 2011 and separately alleges Stone also owes more than $400,000 for not fully paying his tax bill in 2018. The suit alleges that the couple used a commercial entity known as Drake Ventures to “shield their personal income from enforced collection” and to fund a “lavish lifestyle.” “Despite notice and demand for payment, Roger and Nydia Stone have failed and refused to pay the entire amount of the liabilities,” the lawsuit says. Stone, a longtime confidant of the former president's, calls the lawsuit “politically motivated.” Stone was charged by the Justice Department in special counsel Robert Mueller’s Russia investigation and convicted at trial of lying to Congress, tampering with a witness and obstructing the House investigation into whether the Trump campaign co-ordinated with Russia to tip the 2016 election. Trump later commuted Stone's sentence and pardoned him. Stone boasted during the 2016 campaign that he was in contact with WikiLeaks founder Julian Assange through a trusted intermediary and hinted at inside knowledge of WikiLeaks’ plans to release more than 19,000 emails hacked from the servers of the Democratic National Committee. But Stone denied any wrongdoing and consistently criticized the case against him as politically motivated. “The Internal Revenue Service is well aware of the fact that my three-year battle for freedom against the corrupted Mueller investigation has left me destitute,” Stone told The Associated Press. “They’re well aware that I have no assets and that their lawsuit is politically motivated. It’s particularly interesting that my tax attorneys were not told of this action, filed at close of business on a Friday. The American people will learn, in court, that I am on the verge of bankruptcy and that there are no assets for the government to take.” ___ Associated Press writer Jill Colvin contributed to this report. Michael Balsamo, The Associated Press

  • Amazon shoppers are scooping up these AccuMed face masks—they're just $17 for 10

    AccuMed masks have six layers to protect you from potential pathogens.

  • The Hartford agrees to pay $650M in Boy Scouts bankruptcy

    Insurance company The Hartford has agree to pay $650 million into a proposed trust fund for victims of child sexual abuse as part of the Boy Scouts of America bankruptcy case. In exchange for the payment, the Boy Scouts and its local councils would release The Hartford from any obligation under policies it issued to the BSA and the councils dating back to 1971. The settlement agreement and release was submitted to the court on Friday by a panel of mediators that is working with the BSA, abuse victims and other parties in the bankruptcy to try to fashion a global resolution of more than 80,000 sexual abuse claims.

  • Fears Indian Covid variant could ‘scupper’ road map as UK cases dwindle

    While Britain’s virus rate continues to fall, there has been a sharp spike in Covid-19 numbers across the globe.

  • Global COVID-19 Vaccine Inequalities Are Scandalous, Says AHF

    AIDS Healthcare Foundation (AHF), the largest provider of HIV/AIDS care and treatment worldwide, voices strong concern over recent remarks from World Health Organization Director-General Tedros Adhanom Ghebreyesus that 87% of the more than 700 million vaccines administered globally have gone to high-income or upper-middle-income countries, while low-income countries have received a mere 0.2%. High-income countries have vaccinated on average 1 in 4 people, whereas only 1 in more than 500 people in low-income countries has received a COVID-19 vaccine.

  • State's expert told grand jury police didn't kill Prude

    Prosecutors overseeing a grand jury investigation into the death of Daniel Prude last year in Rochester, New York, undercut the case for criminal charges with testimony from a medical expert who said three police officers who held Prude to the ground until he stopped breathing didn’t do anything wrong. Dr. Gary Vilke told the grand jury that Prude, a 41-year-old Black man, died of a heart attack caused by the medical phenomenon known as excited delirium. He said the officers' actions, which included placing a hood over Prude's head, had no impact on his breathing, according to transcripts of the proceedings made public Friday. A medical examiner ruled Prude’s death a homicide due to asphyxiation from a physical restraint, with use of the drug PCP as a factor. There is no universally accepted definition of excited delirium and researchers have said it's not well understood. Vilke, a University of California, San Diego professor who routinely testifies on behalf of police, said that restraining Prude during the encounter in the early hours of March 23, 2020 may have been best for his safety given his condition. Asked by a grand juror if anything could have been done better, Vilke responded: “I wouldn’t do anything differently.” The grand jury ultimately rejected criminally negligent homicide charges against the three officers by a 15-5 vote, the transcripts show. Prosecutors from the state attorney general’s office sought no other charges. They told grand jurors that they could choose not to indict if they believed the use of force was justified. Five jurors indicated they would have voted to indict at least one of the officers. “You are not an arm of the prosecution and you are to draw no conclusions about, quote, unquote, we think, feel or anything else," Jennifer Sommers, the deputy chief of Special Investigations, instructed the grand jury, according to the transcripts. "You are an independent body.” The grand jury’s decision not to indict the officers was announced at the time it was made in February, but the transcripts of nine days of testimony from witnesses — including Prude’s brother, police officers and experts — offer a rare window into a process of accountability normally kept under wraps. New York Attorney General Letitia James had said, in announcing the grand jury's decision, that the state had put on the best case it could that the officers should be prosecuted. Her office defended its use of Vilke as an expert Friday, saying it promised an independent investigation into Prude’s death without a predetermined outcome. The release of grand jury materials comes at a sensitive time for the issue of race in policing. Testimony is ending in the trial of former Minneapolis officer Derek Chauvin in the killing of George Floyd. And on Thursday, body camera video was released that showed a Chicago police officer fatally shoot 13-year-old Adam Toledo last month after he appeared to drop a handgun and begin raising his hands. Prude encountered police hours after he was released from a hospital following a mental health arrest. He ran naked from his brother’s home and was seen bashing store windows. Prude’s brother, Joe, testified that he warned an officer responding to his home, “Don't kill my brother.” Prude’s death went largely unnoticed until September, when his family released body camera video of the encounter obtained through a public records request. Emails later made public by the city showed police commanders urged city officials to hold off on releasing the footage. The video showed Prude handcuffed and naked with a spit hood over his head as one officer pushed his face against the ground and another officer pressed a knee to his back. The officers held Prude down for about two minutes until he stopped breathing. He was taken off life support a week later. Vilke told the grand jury that drug use and mental illness contribute to excited delirium, which can make people vulnerable to cardiac arrest. He said he didn't think the spit hood was a factor or that the officers obstructed Prude's breathing. “So, all those things allow me to be able to be comfortable saying my opinion is that none of the officers, their impact, individually or collectively, would have caused or contributed to that cardiac arrest," Vilke said. "And, to go even one step further, if he had been allowed to get up and run around ... that would actually be more detrimental than being held down.” An officer testified that police used the hood because Prude was spitting and they were wary of being sickened in the early days of the pandemic. “I don’t know if you guys remember exactly about the coronavirus, how we felt, but it was almost hysteria in the country," the unidentified officer told the grand jury. At one point, prosecutor Michael Smith drew grand jurors’ attention to a 2015 training bulletin that explained to officers that “positional asphyxia may occur when the position of the person’s body interferes with respiration, resulting in serious injury or death” and that the risk of such asphyxia “can increase when the person is restrained in a prone position.” The footage of Prude's arrest and restraint sparked nightly protests in Rochester, a rust-belt city on the shore of Lake Ontario which was roiled recently by body camera footage of white officers using pepper spray on a 9-year-old Black girl handcuffed in the back of a squad car. James, whose office investigates police shootings, secured a judge’s permission to make the usually secret material public, citing a desire for transparency in Prude's case. The transcripts were released after a review that involving blacking out the names of witnesses. Seven officers, including the three involved in Prude’s restraint, remain suspended pending the outcome of an internal investigation. Matthew Rich, a lawyer for four officers who responded but weren’t involved in Prude’s restraint, questioned the closed-door process that paved the way for the transcripts being released. Despite that, he wrote in a letter to the judge last month that he and his clients “have nothing to hide.” Lawyers representing Prude’s brother said they were still reading the documents and not ready to comment. One Prude grand juror praised the prosecution team's “amazing work.” “If it wasn’t for everything that you presented to us, I don’t think anybody would have come up with a decision. You worked very hard and I’m sure nobody took it lightly," the juror said. "It was a very serious case. It’s horrible what happened to him.” ___ Associated Press reporters Larry Neumeister, Thalia Beaty, Jennifer Peltz and Jim Mustian in New York; Carolyn Thompson in Buffalo and Michael Hill in Albany contributed to this report. ___ Follow Michael Sisak on Twitter at twitter.com/mikesisak Michael R. Sisak, The Associated Press

  • What the papers say – April 17

    The Duke of Edinburgh’s funeral and good news for pregnant women are splashed across the nation’s front pages.

  • Is Joe Biden Enbridge’s Friend or Foe?

    Geopolitical risk plays into most investments in some shape or form. However, investors in Enbridge (TSX:ENB)(NYSE:ENB) need to be much more wary of these risks. The post Is Joe Biden Enbridge’s Friend or Foe? appeared first on The Motley Fool Canada.

  • Nomadland: Will Gompertz reviews film starring Frances McDormand ★★★★☆

    It's a thoughtful & superbly directed film, which shines a light on a community who few have appreciated.

  • Chicagoans plan rally for 13-year-old boy killed by policeman

    Hundreds of Chicagoans are expected to rally on Friday evening to show solidarity with the family of Adam Toledo, a day after the city released a graphic video of a police officer shooting and killing the 13-year-old boy in an alley two weeks ago. The nine-minute video, recorded by Eric Stillman's body camera, shows showed the 34-year-old officer chasing and shooting Toledo on March 29 at 2:30 a.m. in Little Village, a working-class neighborhood on the city's West Side with a large population of Mexican Americans. Toledo appeared to be holding a handgun when he compiled with Stillman's order for him to stop.

  • UK urged to ban travel to India over ‘terribly concerning’ variant as Johnson presses ahead with trip

    Imperial College expert warns Covid mutation could ‘scupper’ lockdown roadmap

  • Ayurcann Holdings Corp. Announces Stock Option and Restricted Share Unit Grants

    TORONTO, April 16, 2021 (GLOBE NEWSWIRE) -- Ayurcann Holdings Corp. (CSE: AYUR) (the “Company” or “Ayurcann”) an integrated Canadian extraction company specializing in the processing of cannabis and hemp for the production of oils and various derivative products, announces the granting of stock options and restricted share units. The Company has announced that it has granted incentive stock options to directors, officers, employees and consultants of the Company to purchase an aggregate of 1,000,100 common shares under the Company's Stock Option Plan. Each option is exercisable at a price of $0.16 per common share, expires three years from the date of grant and vest six months from the date of the grant. The Company has also granted restricted share unit grants, pursuant to the Company’s Restricted Share Unit plan, dated April 1, 2021, totaling 1,548,875 to certain eligible participants. For further information, please contact:Igal Sudman, Chairman, Chief Executive Officer and Corporate SecretaryAyurcann Holdings Corp.Tel: 416-720-6264Email: igal@xtrx.ca Investor Relations:Ryan BilodeauTel: 416-910-1440Email: ir@ayurcann.com About Ayurcann Holdings Corp.:Ayurcann is a leading post-harvest solution provider with a focus on providing and creating custom processes and pharma grade products for the adult use and medical cannabis industry in Canada. Ayurcann is focused on becoming the partner of choice for leading Canadian cannabis brands by providing best-in-class, proprietary services including ethanol extraction, formulation, product development and custom manufacturing. Neither the Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accept responsibility for the adequacy or accuracy of this release.

  • INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Franklin Wireless Corp. (FKWL) Investors

    Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Franklin Wireless Corp. ("Franklin" or the "Company") (NASDAQ: FKWL) securities between September 17, 2020 and April 8, 2021, inclusive (the "Class Period"). Franklin investors have until June 15, 2021 to file a lead plaintiff motion.

  • Scott Dixon seeks motorsports milestone 7th championship

    Scott Dixon looks around the IndyCar paddock and sees drivers half his age acting like A.J. Foyt even if they’ve never crossed the finish line first. “Most of them rock up these days feeling, you know, it seems like they’ve won everything in the world already, you know?” Dixon said Friday. Dixon begins his 21st season in IndyCar with Sunday's season-opening race at Barber Motorsports Park in pursuit of Foyt's all-time marks.

  • MATCHDAY: Barcelona-Athletic Bilbao in Copa del Rey final

    A look at what’s happening in European soccer on Saturday: SPAIN Barcelona faces Athletic Bilbao in the final of the Copa del Rey in Seville, just two weeks after Bilbao lost the delayed 2020 final at the same stadium. Barcelona is seeking to add to its record 30 trophies in the competition that includes four straight from 2015-18. Even though it is in the thick of the Spanish league title chase, Barcelona is eager to get back to winning after finishing last season without a trophy and with Lionel Messi considering his future. Bilbao has won the cup 23 times, second only to Barcelona, but its last triumph was in 1984. It lost 1-0 to Real Sociedad in the 2020 final that was postponed until earlier this month. No fans will be allowed into La Cartuja Stadium due to the pandemic. ENGLAND Manchester City looks to keep alive its bid for a quadruple of major trophies this season by beating Chelsea in the first of the semifinal matches in the FA Cup at Wembley Stadium. City leads the Premier League by 11 points, is into the final of the English League Cup and also the semifinals of the Champions League. Chelsea has won the FA Cup eight times, most recently in 2018, and lost in last season's final to Arsenal. City has won it six times. In the Premier League, West Ham can climb to third place above Leicester with a win at Newcastle. If Newcastle avoids defeat, Sheffield United will be relegated with a loss in the late game at Wolverhampton. ITALY Cagliari and Parma are both in desperate need of a win when they face each other in a relegation six-pointer in Sardinia. Cagliari is on a four-match losing streak and has slipped five points below safety in Serie A, with Parma two points further back. Torino, which occupies the last position of safety, has also played a match less. Fiorentina is only eight points above the relegation zone and visits Sassuolo, while Sampdoria hosts Hellas Verona. Bottom club Crotone welcomes Udinese. GERMANY Eintracht Frankfurt coach Adi Hütter faces his future team Borussia Mönchengladbach in the first game since it was announced that he will be switching sides next season. European qualification is at stake for both, with Frankfurt closing in on a Champions League spot and Gladbach still in the running for Europa League qualification. But all the attention is on Hütter. Frankfurt fans are hoping the announcement of his departure does not precipitate a collapse like Gladbach’s once coach Marco Rose – whom Hütter is replacing – said he was leaving for Borussia Dortmund. Gladbach had been challenging for a Champions League spot and is now in danger of missing out on European qualification altogether. Bundesliga leader Bayern Munich faces a tough game after its Champions League exit to Paris Saint-Germain when it visits third place Wolfsburg. FRANCE Marseille and Rennes are both in good form ahead of their games as they continue to fight for fifth place and a spot in next season's Europa League. Sixth-place Marseille has won three and drawn one of the last five games and hosts Lorient, which is 17th but has much improved in recent weeks to boost its chances of staying up. Lorient will face a Marseille side missing central defenders Alvaro Gonzalez and Duje Caleta-Car through suspension. Seventh-place Rennes is one point behind Marseille ahead of its trip to midtable Angers. Rennes is improving under new coach Bruno Genesio and has taken 10 points from four matches. ___ More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports The Associated Press

  • ‘I’ve never been more ashamed’: Ontario’s new COVID-19 restrictions ripped apart by medical experts, residents

    Ontario's new COVID-19 rules and restrictions - from cutting outdoor gatherings to extending police powers - have drawn out mass criticism and condemnation by medical experts, residents.

  • Range Resources Shareholder Notice

    Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Range Resources To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - April 16, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Range Resources Corporation ("Range Resources" or the "Company") (NYSE:RRC) and reminds investors of the May 3, 2021 deadline to seek the role of lead plaintiff ...

  • Fred Couples nearly flawless and takes 2-shot lead in Naples

    Fred Couples put in more work than usual to get ready for the Masters, only to have his worst performance in 36 appearances. Back on the PGA Tour Champions, he was more at ease and close to flawless. Bernhard Langer, one of players at Augusta National last week, shot a 65.

  • Icon of Fort Worth basketball, Lester J. Beene, known as ‘Big Coach,’ dies at 86

    One the UIL’s Top 100 basketball coaches in Texas, Beene led Kirkpatrick to three PVIL state titles in the 1960s, before schools were integrated.

  • Felix Silla Dies: ‘Cousin Itt’ On The ‘Addams Family’ TV Show Was 84

    Felix Silla, best known as the gibberish-spouting Cousin Itt on the 1960s TV sitcom The Addams Family, died today from pancreatic cancer. He was 84 and died in Las Vegas, according to a tweet from Gil Gerard, who costarred with him on the 1979-81 NBC series Buck Rogers in the 25th Century. Silla donned a full-body hairpiece, […]