Egypt Loyalty Programs Market Intelligence and Future Growth Dynamics 2022 Databook – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Egypt Loyalty Programs Market 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics – Q1 2022 Update” report has been added to ResearchAndMarkets.com’s offering.

According to the Q1 2022 Global Loyalty Programs Survey, Loyalty Programs Market in Egypt is expected to grow by 14.5% on annual basis to reach US$ 489.7 million in 2022. In value terms, the Loyalty Programs Market in Egypt has recorded a CAGR of 14.4% during 2017-2021.

The Loyalty Programs Market in Egypt will continue to grow over the forecast period and is expected to record a CAGR of 14.5% during 2022-2026. Loyalty Programs Market in the country will increase from US$ 427.7 million in 2021 to reach US$ 841.3 million by 2026.

In Egypt, the loyalty and rewards programs industry has recorded strong growth over the last three to four years. Consumers in Egypt are increasingly looking to shop from brands and businesses that reward them for shopping. Consequently, leading businesses operating in the telecom, FMCG, oil, and gas, and retail sectors, are implementing loyalty and rewards programs strategy to increase customer loyalty and retention in the country.

During the global pandemic outbreak, the popularity of online shopping also surged significantly in Egypt. The trend has been in line with the global environment. Amid the growing popularity among consumers for both loyalty programs and online shopping, e-commerce firms have also rolled out rewards programs to target more Egyptian shoppers over the last four quarters.

Across the Middle East and Africa region, consumers are increasingly looking to shop from brands and businesses that are offering their customers loyalty and rewards programs. As a result of this growing demand, Egypt-based loyalty and rewards solutions providers have expanded their footprint across the region to capitalize on the growing trend. The publisher expects the trend to continue from the short to medium-term perspective as loyalty and rewards solutions providers in Egypt seek to gain more market share in the global industry.

Egypt-based loyalty solution providers are raising funds to expand their market share in the MENA region

Amid the growing loyalty and rewards programs industry in the MENA region, Egypt-based loyalty solution providers have raised funds over the last eight quarters to expand their operations and gain market share in the region.

As the loyalty and rewards programs market continue to grow in Egypt and globally, the publisher expects these firms to keep raising more investment rounds over the next two to three years to expand their footprint in the global market.

Consumer credit firms are launching loyalty programs to differentiate their services from competition in Egypt

In the midst of the growing consumer credit market in Egypt, which is driven by the country’s direction towards digitizing financial services and achieving financial inclusion, consumer credit firms are launching loyalty programs to differentiate their service from the competition and to gain increasing market share in the country.

Scope

This report provides in-depth, data-centric analysis of loyalty in Egypt. Below is a summary of key market segments:

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Key Performance Indicators, 2017-2026

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Functional Domains, 2017-2026

  • Loyalty Schemes
  • Loyalty Platforms

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Program Type, 2017-2026

  • Point-based Loyalty Program
  • Tiered Loyalty Program
  • Subscription Loyalty Program
  • Perks Loyalty Program
  • Coalition Loyalty Program
  • Hybrid Loyalty Program

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Channel, 2017-2026

  • In-Store
  • Online
  • Mobile

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Key Sectors, 2017-2026

  • Retail
  • Financial Services
  • Healthcare & Wellness
  • Restaurants & Food Delivery
  • Travel & Hospitality (Cabs, Hotels, Airlines)
  • Telecoms
  • Media & Entertainment
  • Others

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Retail, 2017-2026

  • Diversified Retailers
  • Department Stores
  • Specialty Stores
  • Clothing, Footwear & Accessories
  • Toy & Hobby Shops
  • Supermarket and Convenience Store
  • Home Merchandise
  • Other

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Accessibility, 2017-2026

  • Card Based Access
  • Digital Access

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Consumer Type, 2017-2026

  • B2C Consumers
  • B2B Consumers

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Platforms, 2017-2026

  • Software
  • Services

Egypt Loyalty Spend Market Size and Future Growth Dynamics by Software Platforms, 2017-2026

  • Custom Built Platform
  • Off the Shelf Platform

Egypt Loyalty Spend Market Size and Forecast by Consumer Demographics & Behavior, 2021

  • By Age Group
  • By Income Level
  • By Gender

Reasons to buy

  • In-depth Understanding of Loyalty Programs Market Dynamics: Understand market opportunities and key trends along with forecast (2017-2026).
  • Insights into Opportunity by end-use sectors – Get market dynamics by end-use sectors to assess emerging opportunity across various end-use sectors.
  • Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate loyalty strategy; assess market specific key trends, drivers, and risks in the industry.

For more information about this report visit https://www.researchandmarkets.com/r/38zqet

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