Germany Gift Card and Incentive Card Market 2021- Spend Analysis by e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions and Demographics
February 15, 2021 07:58 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The gift card industry in Germany is expected to grow by 10.9% on annual basis to reach US$ 10493.8 million in 2021. Despite near-term challenges in 2021, the medium to long term growth story of gift cards in Germany remains strong. The gift card industry in Germany 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 9.6% during 2021-2025. The gift card market in the country will increase from US$ 9465.6 million in 2020 to reach US$ 15119.7 million by 2025.
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ALBANY, N.Y., Feb. 15, 2021 /PRNewswire/
The changing consumer behavior of a large chunk of individuals across the globe due to the escalating disposable income and rising purchasing power parity (PPP) is anticipated to emerge as significant growth factors for the glass tableware market between 2019 and 2027. The rising adoption of luxurious products is also proving to be an advantage to the glass tableware market.
Glass tableware is a product made from glass, especially for dining. These products can be segmented into pitchers, coffee brewers, teapots, tea/coffee jugs, cups, mugs, bakeware, food warmer, roasters, cookpits, measuring jugs, and others. The growing influence of e-commerce distribution channels will further invite promising growth opportunities for the glass tableware market.
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Advertising and data heavyweights invest in ProQuo AI 15 February 2021
Source: ProQuo AI Advertising agency Mother and data platform Dynata are the latest companies to invest in ProQuo AI; the ‘Brand Management as a Service’ platform for challenger brands. The company will use the £5m investment to fund an ambitious stage of growth, building towards a planned Series A funding round later in 2021.
Launched in 2019 by Nadim Sadek, ProQuo AI is an always-on brand management platform run on artificial intelligence. Relied upon by a community of brands - including Seedlip, Tony’s Chocolonely, Lucky Saint and Pact Coffee - ProQuo AI conducts daily data collection to understand people’s feelings and thoughts on brands and their competitors.
The UK will release inflation and retail data this week, and unsurprisingly with the country stuck in lockdown, both are likely to be relatively depressed. Headline CPI will remain heavily constrained by energy prices, while more timely spending data points to a post-Christmas 4% fall in retail sales.
Threshold® Enterprises Launches Threshold Brand Expo, Winter Virtual 2021
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SCOTTS VALLEY, Calif., Feb. 15, 2021 /PRNewswire/ Threshold Enterprises, Ltd., a premier distributor of nutritional supplements and the manufacturer of the brands Source Naturals® and Planetary Herbals®, announces its Brand Expo, Winter Virtual 2021 on Feb 17-18.
Threshold s Brand Expo – considered the industry s must-go-to networking event for nutritional supplements – has always been an excellent place to discover new products and take advantage of attractive promotions while building strong industry connections. This year s virtual expo features nearly 70 vendors and more than 300 retailers, with more being added daily.