Report overview
Duty-free shops (or stores) are retail outlets that are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country. This report studies the Duty Free & Travel Retail market. Duty free & travel retail is a global industry selling goods to international travellers.
This report aims to provide a comprehensive presentation of the global market for Duty Free & Travel Retail, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Duty Free & Travel Retail. This report contains market size and forecasts of Duty Free & Travel Retail in global, including the following market information:
Global Duty Free & Travel Retail Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Duty Free & Travel Retail market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Perfumes Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Duty Free & Travel Retail include Dufry, Lagard?re Travel Retail, Lotte Duty Free, LVMH, Aer Rianta International, China Duty Free Group, Dubai Duty Free, Duty Free Americas and Gebr. Heinemann, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Duty Free & Travel Retail companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Duty Free & Travel Retail Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Duty Free & Travel Retail Market Segment Percentages, by Type, 2022 (%)
Perfumes
Cosmetics
Alcohol
Cigarettes
Others
Global Duty Free & Travel Retail Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Duty Free & Travel Retail Market Segment Percentages, by Application, 2022 (%)
Airports
Onboard Aircraft
Seaports
Train Stations
Others
Global Duty Free & Travel Retail Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Duty Free & Travel Retail Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Duty Free & Travel Retail revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Duty Free & Travel Retail revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dufry
Lagard?re Travel Retail
Lotte Duty Free
LVMH
Aer Rianta International
China Duty Free Group
Dubai Duty Free
Duty Free Americas
Gebr. Heinemann
JR/Group (James Richardson)
King Power
The Shilla Duty Free
Outline of Major Chapters:
Chapter 1: Introduces the definition of Duty Free & Travel Retail, market overview.
Chapter 2: Global Duty Free & Travel Retail market size in revenue.
Chapter 3: Detailed analysis of Duty Free & Travel Retail company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Duty Free & Travel Retail in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
