Airport Retailing Market Report 2025

This Airport Retailing market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The airport retailing market size has grown rapidly in recent years. It will grow from $29.28 billion in 2024 to $32.77 billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to increase in the number of passengers, increasing disposable income, growth of travel retail brands, growth of low-cost carriers, and rising urbanization.

The airport retailing market size is expected to see rapid growth in the next few years. It will grow to $50.76 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to changing consumer preferences, expansion and enhancement of airport facilities, luxury and premium goods demand, increasing duty-free shopping benefits, and an increase in tourism. Major trends in the forecast period technological advancements, collaboration with airlines and loyalty programs, advanced analytics, innovative retail concepts, and innovative omnichannel initiatives.

The increasing air passenger traffic is expected to drive the growth of airport retailing in the coming years. Air passenger traffic refers to the volume and movement of passengers traveling by air over a given time period. The rise in air passenger traffic is attributed to factors such as tourism growth, enhanced air connectivity, and various social and infrastructural developments. Airport retailing plays a crucial role in boosting air passenger traffic by enhancing the overall travel experience, generating additional revenue, and making airports more appealing to both passengers and airlines. For example, in March 2023, the Bureau of Transport and Statistics (BTS), a US-based independent statistical agency, reported that U.S. airlines saw a 30% year-over-year increase in passenger numbers in 2022, carrying 194 million more passengers than in 2021. Additionally, from January to December 2022, U.S. airlines transported a total of 853 million passengers, compared to 658 million in 2021. Therefore, the growing air passenger traffic is driving the expansion of the airport retailing market.

Key players in the airport retailing sector are actively innovating to improve the overall travel retail experience and capture a larger share of the global travel retail market. These innovations include new concepts that blend technology, personalization, convenience, and seamless integration of physical and digital retail environments. For instance, Chalhoub Group, based in the UAE, launched 'The Visitor' in November 2023, a novel travel retail concept aimed at enriching the shopping experience for modern travelers, particularly the younger demographic. This concept store offers an immersive and interactive shopping environment tailored to meet the evolving expectations of travelers.

In July 2023, Dufry, a Switzerland-based retail company, acquired Autogrill, an Italy-based company specializing in airport retailing and food and beverage services. This strategic acquisition is intended to consolidate Dufry's position in the travel retail market, creating synergies and enhancing operational efficiency across both retail and food service offerings.

Major companies operating in the airport retailing market are Dufry AG, Lagardère Travel Retail Group, Gebr. Heinemann SE & Co. KG, SSP Group PLC, HMSHost Corporation, Duty Free Americas Inc., Dubai Duty-Free, Nuance Group, Japan Airport Terminal Co. Ltd., Paradies Lagardère, WH Smith PLC, DFS Group Limited, Lotte Duty Free, Hudson Group, InMotion Entertainment Group LLC, Flemingo International, Airport Retail Group LLC, Aer Rianta International (ARI), King Power International, The Shilla Duty Free, Autogrill S.p.A., Aelia Duty Free.

Asia-Pacific was the largest region in the airport retailing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport retailing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the airport retailing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Airport retailing encompasses a wide array of retail services and products available within airport terminals, offering travelers both convenience and a diverse shopping experience. This sector provides a broader selection of merchandise compared to traditional retail, catering to various traveler types, including business professionals and vacationers.

Key product categories in airport retailing include liquor and tobacco, perfumes and cosmetics, fashion and accessories, food and beverages, among others. Perfumes and cosmetics, in particular, are popular consumer items that utilize scents to enhance the user's experience and perception. The range of services available includes currency exchange, travel agencies, car rentals, and duty-free pre-orders, catering to different airport sizes such as large, medium, and small airports. These services are found in various locations within airports, including pre-security (landside) and post-security (airside), and are offered through different distribution channels such as direct retailers, convenience stores, specialty retailers, and department stores.

The airport retailing market research report is one of a series of new reports that provides airport retailing market statistics, including airport retailing industry global market size, regional shares, competitors with an airport retailing market share, detailed airport retailing market segments, market trends, and opportunities, and any further data you may need to thrive in the airport retailing industry. This airport retailing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The airport retailing market includes revenues earned by entities by providing brand activation, casual dining, and personalized services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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