This report provides an overview of the global duty-free retailing which includes Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape
Continuing expansion of the global duty-free market hinges on further passenger number growth and infrastructure investment
APAC duty-free market is expected to grow fastest, fueled by rising income levels and international travelers
Avolta has the greatest share of the duty-free market in 2023Key Highlights
- In 2023, the global duty-free market experienced robust growth of 27.7%, driven by a surge in demand for luxury goods. The Asia-Pacific duty-free market is forecast to be the fastest growing region in 2024, growing by 18.4% during the year, driven by the subsiding of economic issues and rising tourism levels. This will enable the region to increase its share of the global duty-free market from 63.5% in 2023 to 65.0% in 2024. After a successful merger with Autogrill which enabled it to improve its product proposition and services, Dufry (Avolta) leads with an 8.8% share of the global duty-free market in 2023.
Reasons to Buy
- Gain a comprehensive knowledge on Global Duty Free market and develop a competitive advantage
- Investigate current trends in the global duty free market to identify the best opportunities to exploit
- Analysis of key duty free players operating globally
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the key consumer and technology trends influencing the duty free market globally
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
- Analysis of key international players operating in Global Duty Fee retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share
Table of Contents
- Executive Summary
- Market Analysis
- Regional Summaries
- Sector Analysis
- Tourism Landscape
- Key Trends
- Key Retail Innovations
- Competitive Landscape
- New Opportunities
- Appendix
- Duty-free sales by country
- Passenger numbers by region (million) 2021-2028
- Sales per passenger (in USD), 2021-2028
- New duty-free locations and expansion
- New airport opportunities
- Duty-free sales by region 2022, 2023(f), 2024(f) and 2028(f) ($ billion) & share of global duty-free sales (%)
- Y-o-Y growth of duty-free sales by region 2018-2028(f) ($ billion)
- Global duty-free sales 2018, 2022, 2023(f), 2024(f) and 2028(f) ($billion) & CAGR (%)
- Global duty-free sales forecast 2022-2028(f) ($ billion)
- Global duty-free sales by category, 2023(f), 2024(f) & 2028(f) ($billion) & CAGR (%)
- Share of Global duty-free sales by country - Europe region, 2023(f), 2024(f), and 2028(f) (%)
- Share of Global duty-free sales by country - Americas region, 2023(f), 2024(f), and 2028(f) (%)
- Share of Global duty-free sales by country - APAC region, 2023(f), 2024(f), and 2028(f) (%)
- Share of Global duty-free sales by country - MEA region, 2023(f), 2024(f), and 2028(f) (%)
- Duty-free sales by category in Global 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Argentina 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Australia 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Austria 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Belgium 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Brazil 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Bulgaria 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Canada 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Chile 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in China 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Colombia 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Czech Republic 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Denmark 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Egypt 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Finland 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in France 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Germany 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Greece 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Hong Kong 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Hungary 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in India 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Indonesia 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Israel 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Italy 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Japan 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Malaysia 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Mexico 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Netherlands 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in New Zealand 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Norway 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Peru 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Philippines 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Poland 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Portugal 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Republic of Ireland 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Saudi Arabia 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Singapore 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Slovak Republic 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in South Africa 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in South Korea 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Spain 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Sweden 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Switzerland 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Thailand 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in Turkey 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in United Arab Emirates 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in United Kingdom 2023(f), 2024(f) & 2028(f) ($million)
- Duty-free sales by category in United States of America 2023(f), 2024(f) & 2028(f) ($million)
- Global market shares of leading duty-free retailers
- Lotte Duty Free Global market share, 2018-2023
- Lotte Duty Free Global retail sales ($ million), 2018-2023, and annual growth (%)
- Shinsegae Duty Free Global market share, 2018 - 2023e
- Shinsegae Duty Free Global retail sales, 2018 - 2023e, and annual growth (%)
- Avolta market share, 2018 - 2023
- Avolta retail sales ($ million), 2018 - 2023, and annual growth (%)
- Dubai Duty Free market share, 2018-2023(f)
- Dubai Duty Free retail sales ($ million), 2018-2023(f), and annual growth (%)
- DFS market share, 2018-2023(f)
- DFS retail sales ($ million), 2018-2023(f), and annual growth (%)
- King Power market share, 2018-2023(f)
- King Power retail sales, 2018-2023(f), and annual growth (%)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- DUFRY
- Lotte Duty Free
- Dubai Duty Free
- Shinsegae DF
- DFS
- King Power
- Duty Free Americas
- Heinemann
- Travel Retail Norway
- Aelia Duty Free
