Duty-Free Retailing Market By Product Type, By Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Market Share Analysis
3.8. Patent Landscape
3.9. Regulatory Guidelines
3.10. Value Chain Analysis

CHAPTER 4: DUTY-FREE RETAILING MARKET, BY PRODUCT TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Perfume & Cosmetics
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Electronics
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Wine & Spirits
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Food
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
4.6. Confectionery & Catering
4.6.1. Key market trends, growth factors and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market share analysis by country
4.7. Tobacco
4.7.1. Key market trends, growth factors and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market share analysis by country
4.8. Luxury Goods
4.8.1. Key market trends, growth factors and opportunities
4.8.2. Market size and forecast, by region
4.8.3. Market share analysis by country
4.9. Others
4.9.1. Key market trends, growth factors and opportunities
4.9.2. Market size and forecast, by region
4.9.3. Market share analysis by country

CHAPTER 5: DUTY-FREE RETAILING MARKET, BY SALES CHANNEL
5.1. Overview
5.1.1. Market size and forecast
5.2. Airports
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Cruise Liners
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Railway Stations
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Border
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Down-Town & Hotel Shop
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country

CHAPTER 6: DUTY-FREE RETAILING MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Product Type
6.2.3. Market size and forecast, by Sales Channel
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Product Type
6.2.4.1.3. Market size and forecast, by Sales Channel
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Product Type
6.2.4.2.3. Market size and forecast, by Sales Channel
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Product Type
6.2.4.3.3. Market size and forecast, by Sales Channel
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Product Type
6.3.3. Market size and forecast, by Sales Channel
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Product Type
6.3.4.1.3. Market size and forecast, by Sales Channel
6.3.4.2. UK
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Product Type
6.3.4.2.3. Market size and forecast, by Sales Channel
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Product Type
6.3.4.3.3. Market size and forecast, by Sales Channel
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Product Type
6.3.4.4.3. Market size and forecast, by Sales Channel
6.3.4.5. Italy
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Product Type
6.3.4.5.3. Market size and forecast, by Sales Channel
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Product Type
6.3.4.6.3. Market size and forecast, by Sales Channel
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Product Type
6.4.3. Market size and forecast, by Sales Channel
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Product Type
6.4.4.1.3. Market size and forecast, by Sales Channel
6.4.4.2. Japan
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Product Type
6.4.4.2.3. Market size and forecast, by Sales Channel
6.4.4.3. India
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Product Type
6.4.4.3.3. Market size and forecast, by Sales Channel
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Product Type
6.4.4.4.3. Market size and forecast, by Sales Channel
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Product Type
6.4.4.5.3. Market size and forecast, by Sales Channel
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Product Type
6.4.4.6.3. Market size and forecast, by Sales Channel
6.5. Latin America
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Product Type
6.5.3. Market size and forecast, by Sales Channel
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Product Type
6.5.4.1.3. Market size and forecast, by Sales Channel
6.5.4.2. Argentina
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Product Type
6.5.4.2.3. Market size and forecast, by Sales Channel
6.5.4.3. Colombia
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Product Type
6.5.4.3.3. Market size and forecast, by Sales Channel
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Product Type
6.5.4.4.3. Market size and forecast, by Sales Channel
6.6. Middle East
6.6.1. Key trends and opportunities
6.6.2. Market size and forecast, by Product Type
6.6.3. Market size and forecast, by Sales Channel
6.6.4. Market size and forecast, by country
6.6.4.1. Saudi Arabia
6.6.4.1.1. Key market trends, growth factors and opportunities
6.6.4.1.2. Market size and forecast, by Product Type
6.6.4.1.3. Market size and forecast, by Sales Channel
6.6.4.2. United Arab Emirates
6.6.4.2.1. Key market trends, growth factors and opportunities
6.6.4.2.2. Market size and forecast, by Product Type
6.6.4.2.3. Market size and forecast, by Sales Channel
6.6.4.3. Kuwait
6.6.4.3.1. Key market trends, growth factors and opportunities
6.6.4.3.2. Market size and forecast, by Product Type
6.6.4.3.3. Market size and forecast, by Sales Channel
6.6.4.4. Rest Of Middle East
6.6.4.4.1. Key market trends, growth factors and opportunities
6.6.4.4.2. Market size and forecast, by Product Type
6.6.4.4.3. Market size and forecast, by Sales Channel

CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021

CHAPTER 8: COMPANY PROFILES
8.1. Dufry AG
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.2. Lotte Duty Free
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.3. The Shilla Duty Free
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.4. China Duty Free Group Co.,Ltd.
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.5. Lagardère Travel Retail
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.6. Duty Free Americas
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.7. DFS Group
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.8. KING POWER International
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.9. Dubai Duty Free
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.10. Gebr. Heinemann SE & Co. KG
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot

List of Tables
Table 01. Global Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 02. Duty-Free Retailing Market for Perfume & Cosmetics, by Region, 2021-2031 (Revenue, $Million)
Table 03. Duty-Free Retailing Market for Electronics, by Region, 2021-2031 (Revenue, $Million)
Table 04. Duty-Free Retailing Market for Wine & Spirits, by Region, 2021-2031 (Revenue, $Million)
Table 05. Duty-Free Retailing Market for Food, by Region, 2021-2031 (Revenue, $Million)
Table 06. Duty-Free Retailing Market for Confectionery & Catering, by Region, 2021-2031 (Revenue, $Million)
Table 07. Duty-Free Retailing Market for Tobacco, by Region, 2021-2031 (Revenue, $Million)
Table 08. Duty-Free Retailing Market for Luxury Goods, by Region, 2021-2031 (Revenue, $Million)
Table 09. Duty-Free Retailing Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 10. Global Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 11. Duty-Free Retailing Market for Airports, by Region, 2021-2031 (Revenue, $Million)
Table 12. Duty-Free Retailing Market for Cruise Liners, by Region, 2021-2031 (Revenue, $Million)
Table 13. Duty-Free Retailing Market for Railway Stations, by Region, 2021-2031 (Revenue, $Million)
Table 14. Duty-Free Retailing Market for Border, by Region, 2021-2031 (Revenue, $Million)
Table 15. Duty-Free Retailing Market for Down-Town & Hotel Shop, by Region, 2021-2031 (Revenue, $Million)
Table 16. Duty-Free Retailing Market, by Region, 2021-2031 (Revenue, $Million)
Table 17. North America Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 18. North America Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 19. North America Duty-Free Retailing Market, by Country, 2021-2031 (Revenue, $Million)
Table 20. U.S. Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 21. U.S. Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 22. Canada Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 23. Canada Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 24. Mexico Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 25. Mexico Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 26. Europe Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 27. Europe Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 28. Europe Duty-Free Retailing Market, by Country, 2021-2031 (Revenue, $Million)
Table 29. Germany Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 30. Germany Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 31. UK Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 32. UK Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 33. France Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 34. France Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 35. Spain Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 36. Spain Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 37. Italy Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 38. Italy Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 39. Rest of Europe Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 40. Rest of Europe Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 41. Asia-Pacific Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 42. Asia-Pacific Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 43. Asia-Pacific Duty-Free Retailing Market, by Country, 2021-2031 (Revenue, $Million)
Table 44. China Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 45. China Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 46. Japan Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 47. Japan Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 48. India Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 49. India Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 50. South Korea Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 51. South Korea Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 52. Australia Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 53. Australia Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 54. Rest of Asia-Pacific Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 55. Rest of Asia-Pacific Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 56. Latin America Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 57. Latin America Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 58. Latin America Duty-Free Retailing Market, by Country, 2021-2031 (Revenue, $Million)
Table 59. Brazil Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 60. Brazil Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 61. Argentina Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 62. Argentina Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 63. Colombia Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 64. Colombia Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 65. Rest of LAMEA Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 66. Rest of LAMEA Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 67. Middle East Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 68. Middle East Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 69. Middle East Duty-Free Retailing Market, by Country, 2021-2031 (Revenue, $Million)
Table 70. Saudi Arabia Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 71. Saudi Arabia Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 72. United Arab Emirates Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 73. United Arab Emirates Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 74. Kuwait Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 75. Kuwait Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 76. Rest of Middle East Duty-Free Retailing Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 77. Rest of Middle East Duty-Free Retailing Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 78. Dufry AG: Key Executives
Table 79. Dufry AG: Company Snapshot
Table 80. Lotte Duty Free: Key Executives
Table 81. Lotte Duty Free: Company Snapshot
Table 82. the Shilla Duty Free: Key Executives
Table 83. the Shilla Duty Free: Company Snapshot
Table 84. China Duty Free Group Co.,Ltd.: Key Executives
Table 85. China Duty Free Group Co.,Ltd.: Company Snapshot
Table 86. Lagardère Travel Retail: Key Executives
Table 87. Lagardère Travel Retail: Company Snapshot
Table 88. Duty Free Americas: Key Executives
Table 89. Duty Free Americas: Company Snapshot
Table 90. Dfs Group: Key Executives
Table 91. Dfs Group: Company Snapshot
Table 92. King Power International: Key Executives
Table 93. King Power International: Company Snapshot
Table 94. Dubai Duty Free: Key Executives
Table 95. Dubai Duty Free: Company Snapshot
Table 96. Gebr. Heinemann SE & Co. KG: Key Executives
Table 97. Gebr. Heinemann SE & Co. KG: Company Snapshot

List of Figures
Figure 01. Duty-Free Retailing Market, 2021-2031
Figure 02. Segmentation of Duty-Free Retailing Market, 2021-2031
Figure 03. Top Investment Pockets in Duty-Free Retailing Market (2022-2031)
Figure 04. Porter Five-1
Figure 05. Porter Five-2
Figure 06. Porter Five-3
Figure 07. Porter Five-4
Figure 08. Porter Five-5
Figure 09. Drivers, Restraints and Opportunities: Globalduty-Free Retailing Market
Figure 10. Impact of Key Regulation: Duty-Free Retailing Market
Figure 11. Market Share Analysis: Duty-Free Retailing Market
Figure 12. Patent Analysis by Company
Figure 13. Patent Analysis by Country
Figure 14. Regulatory Guidelines: Duty-Free Retailing Market
Figure 15. Value Chain Analysis: Duty-Free Retailing Market
Figure 16. Duty-Free Retailing Market, by Product Type, 2021(%)
Figure 17. Comparative Share Analysis of Duty-Free Retailing Market for Perfume & Cosmetics, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of Duty-Free Retailing Market for Electronics, by Country 2021-2031(%)
Figure 19. Comparative Share Analysis of Duty-Free Retailing Market for Wine & Spirits, by Country 2021-2031(%)
Figure 20. Comparative Share Analysis of Duty-Free Retailing Market for Food, by Country 2021-2031(%)
Figure 21. Comparative Share Analysis of Duty-Free Retailing Market for Confectionery & Catering, by Country 2021-2031(%)
Figure 22. Comparative Share Analysis of Duty-Free Retailing Market for Tobacco, by Country 2021-2031(%)
Figure 23. Comparative Share Analysis of Duty-Free Retailing Market for Luxury Goods, by Country 2021-2031(%)
Figure 24. Comparative Share Analysis of Duty-Free Retailing Market for Others, by Country 2021-2031(%)
Figure 25. Duty-Free Retailing Market, by Sales Channel, 2021(%)
Figure 26. Comparative Share Analysis of Duty-Free Retailing Market for Airports, by Country 2021-2031(%)
Figure 27. Comparative Share Analysis of Duty-Free Retailing Market for Cruise Liners, by Country 2021-2031(%)
Figure 28. Comparative Share Analysis of Duty-Free Retailing Market for Railway Stations, by Country 2021-2031(%)
Figure 29. Comparative Share Analysis of Duty-Free Retailing Market for Border, by Country 2021-2031(%)
Figure 30. Comparative Share Analysis of Duty-Free Retailing Market for Down-Town & Hotel Shop, by Country 2021-2031(%)
Figure 31. Duty-Free Retailing Market by Region, 2021
Figure 32. U.S. Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 33. Canada Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 34. Mexico Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 35. Germany Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 36. UK Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 37. France Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 38. Spain Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 39. Italy Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 40. Rest of Europe Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 41. China Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 42. Japan Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 43. India Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 44. South Korea Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 45. Australia Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 46. Rest of Asia-Pacific Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 47. Brazil Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 48. Argentina Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 49. Colombia Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 50. Rest of LAMEA Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 51. Saudi Arabia Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 52. United Arab Emirates Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 53. Kuwait Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 54. Rest of Middle East Duty-Free Retailing Market, 2021-2031 ($Million)
Figure 55. Top Winning Strategies, by Year
Figure 56. Top Winning Strategies, by Development
Figure 57. Top Winning Strategies, by Company
Figure 58. Product Mapping of Top 10 Players
Figure 59. Competitive Dashboard
Figure 60. Competitive Heatmap: Duty-Free Retailing Market
Figure 61. Top Player Positioning, 2021

Executive Summary

According to the report titled, 'Duty-Free Retailing Market,' the duty-free retailing market was valued at $33.7 billion in 2021, and is estimated to reach $94.2 billion by 2031, growing at a CAGR of 10.6% from 2022 to 2031. Duty-free retailing is the process of purchasing an item without paying import and sales taxes, or excise levies. Duty-free stores offer an enticing range of products such as alcohol, fragrances, cosmetics, jewelry, watches, and others to international travelers. These stores usually sell premium branded high-markup products from the host country. The growth of the duty-free retailing market plays a significant role in the growth of the global tourism sector.

Key factors driving the growth of the duty-free retailing market include the strong recovery of air passenger traffic volume across the globe post-COVID-19 outbreak. According to the International Civil Aviation Organization (ICAO), by the year 2035, air passenger traffic and freight volume are expected to be doubled. The increase in air passenger traffic can be majorly attributed to the strong economic and demographic growth of the middle-class population around the world. Another significant factor driving the duty-free retailing market growth is the emergence of low-cost airlines that are offering competitive prices for popular destinations.

In Asia-Pacific, there is a rising inclination by people to travel by air. Thus, offering lucrative business opportunities to duty-free retailing market players. China accounts for around 36% of the Asia-Pacific’s population. The strong development of the Chinese travel and tourism market will continue to be essential to the growth of the duty-free retailing market. In addition, the strong economic developments of the Indian economy along with its middle-class population has augmented the desire to travel, with airports in the country building up their duty-free retail offerings as a result. Asia-Pacific is the major region that is increasingly using e-commerce and related technologies. Duty-free retailers in this region have created smartphone applications to attract and entice customers to buy products by offering discounts and other incentives.

Rapid shift in consumer shopping habits owing to increase in the number of offline and online stores have led to positive impact on the duty-free retailing market post-pandemic. Some of the major vendors across the world namely Delhi Duty-Free, Dufry AG, and Dubai Duty-Free have built websites for the clients to ensure hassle-free shopping experience. Also, these vendors offered various discount and coupon codes to attract large number of users.The technology integration have rapidly boosted the demand for duty-free retailing products. Additionally, advanced analytics, tracking of human behavior, and enhanced personalization have led to positive impact on contactless shopping experience. These factors have positively impacted the duty-free retailing sales across e-commerce sector. The growing popularity of premium products with rapid digitization to enhance the consumer shopping habits have boosted duty-free retailing sales. Various Strategies are adopted by the market companies to maintain their dominance in the market. For instance, in April 2022, KING POWER International, have stated that the company will establish its new duty-free store at Thailand's Suvarnabhumi Airport. Such initiatives are anticipated to propel the demand for duty-free retailing market demand during the forecast period.

The duty-free retailing market is segmented into product type, sales channel, and region. On the basis of product type, the market is classified into perfume & cosmetics, electronics, wine & spirits, food, confectionery & catering, tobacco, luxury goods, and others. On the basis of sales channel, it is divided into airports, cruise liners, railway stations, border, and down-town & hotel shop. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates, Kuwait, South Africa, and rest of LAMEA).

The key players profiled in the study include Duty-Free Americas, SHINSEGAE DUTY-FREE, Aer Rianta International, Dubai Duty-Free, China Duty-Free Group Co., Ltd., LOTTE HOTEL., DUFRY AG, HYUNDAI DEPARTMENT STORE DUTY-FREE, Lagardère group, and LVMH. The major players in the market have been actively engaged in the adoption of various Strategies such as acquisition, promotion, product launches, and expansion to remain competitive and gain an advantage over the competitors in the market. For instance, in 2022, LOTTE HOTEL opened a new inner city duty-free store in Vietnam.

Key Market Insights

By product type, the perfume & cosmetics segment was the highest revenue contributor to the market in 2021 and is expected to maintain its position during the forecast period by generating $542.8 million by 2031
By sales channel, the airports segment dominated the global market in 2021 and is anticipated to grow with the highest CAGR during the forecast period

Based on region, Asia-Pacific was the highest revenue contributor in 2021 and is projected to grow with the fastest CAGR during the forecast period

Companies Mentioned

• Dufry AG
• Lotte Duty Free
• The Shilla Duty Free
• China Duty Free Group Co.,Ltd.
• Lagardère Travel Retail
• Duty Free Americas
• DFS Group
• KING POWER International
• Dubai Duty Free
• Gebr. Heinemann SE & Co. KG

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.