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The duty-free retailing market is forecasted to grow by USD 33.93 bn during 2023-2028, accelerating at a CAGR of 11.28% during the forecast period. The report on the duty-free retailing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing international tourism, growing number of retail stores offering duty-free products, and exemption of excise duty on premium products.
The duty-free retailing market is segmented as below:
By Product
- Cosmetics and perfumes
- Fashion apparel and accessories
- Tobacco and alcoholic beverages
- Confectionery and fine foods
By Distribution Channel
- Airport
- Border/downtown/hotel
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the duty-free retailing market covers the following areas:
- Duty-free retailing market sizing
- Duty-free retailing market forecast
- Duty-free retailing market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global duty-free retailing market: 3Sixty Duty Free, Aer Rianta International, Avolta AG, China international travel service co. LTD., Delhi Duty Free Services Pvt. Ltd., DFS Group Ltd., Dubai Duty Free, Duty Free Americas Inc., Duty Free Philippines Corp., Ever Rich Duty Free Shop, Flemingo International, Gebr. Heinemann SE and Co. KG, Hyundai Department Store Group Co. Ltd., James Richardson Group, Lagardere SA, Lotte Corp., Mumbai Duty Free, SHINSEGAE INTERNATIONAL, The Shilla Duty free, Changi Airport Group Singapore Pte. Ltd., Japan Airport Terminal Co. Ltd., King Power Group, and Qatar Airways.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing focus on enhancing shopping experience of travelers.'
According to the report, one of the major drivers for this market is the growing international tourism.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3Sixty Duty Free
- Aer Rianta International
- Avolta AG
- China international travel service co. LTD.
- Delhi Duty Free Services Pvt. Ltd.
- DFS Group Ltd.
- Dubai Duty Free
- Duty Free Americas Inc.
- Duty Free Philippines Corp.
- Ever Rich Duty Free Shop
- Flemingo International
- Gebr. Heinemann SE and Co. KG
- Hyundai Department Store Group Co. Ltd.
- James Richardson Group
- Lagardere SA
- Lotte Corp.
- Mumbai Duty Free
- SHINSEGAE INTERNATIONAL
- The Shilla Duty free
- Changi Airport Group Singapore Pte. Ltd.
- Japan Airport Terminal Co. Ltd.
- King Power Group
- Qatar Airways