The Travel Retail Market size is expected to grow at an annual average of CAGR 7% during the forecast period (2022-2028). The growth of the travel and tourism industry has increased the travel retail market demand for apparel, cosmetics, food and electronic retail in the travel retail market. Additionally, increasing urbanization and changing lifestyles are the key factors that are expected to propel the travel retail market growth during the forecast period. In addition, rising middle-class disposable income and improving economic conditions are driving the market growth. In addition, factors such as technological advances further drive the market growth. However, the unorganized local market and stringent government regulations related to airport retail will hamper the growth of upcoming travel retail market opportunities.
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The following segmentation are covered in this report:
By Channel
- Airports
- Cruise Liners
- Railway Stations
- Border, Downtown & Hotel Shops
By Product Type
- Perfume & Cosmetics
- Food, confectionery & catering
- Wine & spirits
- Luxury goods
- Tobacco
- Electronics
- Others
Company Profile
- Aer rianta international
- China duty free group co., ltd.
- Dufry ag
- Duty free americas, inc
- Heinemann se & co.kg
- King power international
- Lotte hotel
- Lagardère sca (lagardère travel retail)
- Lvmh group (dfs group limited)
- The shilla duty free
The report covers the following objectives:
- Proliferation and maturation of trade in the global Travel Retail Market
- The market share of the global Travel Retail Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Travel Retail Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Travel Retail Market
Scope of the report
The research study analyses the Travel Retail Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
A full report of Travel Retail Market is available at: https://orionmarketreports.com/travel-retail-market/103045/
Geographic coverage
- North America market size and/or volume
- Latin America market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Travel Retail Market Report
- What was the Travel Retail Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
- What will be the Travel Retail Market CAGR of Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Travel Retail Market was the market leader in 2022?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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