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The Airport Retail market within the context of Duty Free is a sector of the retail industry that specializes in selling goods to travelers at airports. Duty Free stores are typically located in international airports and offer a wide range of products, including luxury items, cosmetics, fragrances, liquor, tobacco, confectionery, and souvenirs. Duty Free stores are exempt from local taxes and duties, allowing them to offer goods at lower prices than those found in other retail outlets.
The Airport Retail market has seen a steady growth in recent years, driven by the increasing number of travelers and the growing demand for luxury items. The sector has also benefited from the increasing popularity of online shopping, as Duty Free stores are able to offer customers a convenient shopping experience.
Some of the major players in the Airport Retail market include Dufry, Lotte Duty Free, Gebr. Heinemann, King Power International Group, and The Shilla Duty Free. Show Less Read more