Iran’s gift card market expected to hit US$1.3 billion by 2028, showing strong growth

The Iranian gift card and incentive card market is experiencing significant growth, with projections indicating a rise from US$0.8 billion in 2023 to US$1.3 billion by 2028. This market expansion can be attributed to various factors such as the impact of digitalization, e-commerce growth, and the strategic use of gift cards in the corporate sector to motivate remote-working employees.

In-depth market insights have been provided, offering a detailed analysis of consumer spending habits, demographics, and the breakdown of consumer spending within both retail and corporate sectors. The report highlights the importance of understanding consumer behavior and the different factors influencing the gift card market.

As the market continues to evolve, stakeholders can benefit from the forecasted growth and make informed decisions based on consumer trends and technological advancements. The Iranian gift card market is on track to seamlessly integrate with global e-commerce trends while catering to local consumer demands.

For more information on the latest trends and market data, visit ResearchAndMarkets.com. ResearchAndMarkets.com is the leading source for international market research reports, providing valuable insights into key industries, top companies, new products, and market trends.

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