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The duty-free retailing market is forecasted to grow by USD 22.73 billion during 2024-2029, accelerating at a CAGR of 8.3% 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, expansion of airport infrastructure, 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 report 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Distribution Channel
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global duty-free retailing market: Aer Rianta International, Avolta AG, Changi Airport Group Singapore Pte. Ltd., China International Travel Service Co. Ltd., Delhi Duty Free Services Pvt. Ltd., DFS Group Ltd., Dubai Duty Free, Duty Free Americas Inc., Ever Rich Duty Free Shop, Flemingo International, Gebr. Heinemann SE and Co. KG, Hyundai Department Store Group Co. Ltd., James Richardson Group, Japan Airport Terminal Co. Ltd., King Power Group, Lagardere SA, Lotte Corp., Mumbai Duty Free, Qatar Airways Group Q.C.S.C., and The Shilla Duty free.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:
- Aer Rianta International
- Avolta AG
- Changi Airport Group Singapore Pte. Ltd.
- China International Travel Service Co. Ltd.
- Delhi Duty Free Services Pvt. Ltd.
- DFS Group Ltd.
- Dubai Duty Free
- Duty Free Americas Inc.
- Ever Rich Duty Free Shop
- Flemingo International
- Gebr. Heinemann SE and Co. KG
- Hyundai Department Store Group Co. Ltd.
- James Richardson Group
- Japan Airport Terminal Co. Ltd.
- King Power Group
- Lagardere SA
- Lotte Corp.
- Mumbai Duty Free
- Qatar Airways Group Q.C.S.C.
- The Shilla Duty free