Market Overview:
The global airport retailing market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing number of air passengers, rising disposable income, and growing demand for luxury products and services. In terms of type, the food and beverage segment is expected to hold the largest share in the global airport retailing market during the forecast period. This can be attributed to changing consumer preferences for healthy food options and an increase in spending on food items by air passengers.
Product Definition:
Airport Retailing is a type of retailing that takes place in airports. It is important because it allows people to buy items they need while traveling, and it also helps to generate revenue for the airport.
Food and Beverage:
Food and beverage are the two main categories in airport retailing. The food segment includes all types of edible products, be it snacks or full-course meals. Beverages include nonalcoholic as well as alcoholic beverages such as juices, soft drinks, and alcohol-free beer/ wine.
Leisure Services:
Leisure services include travel and tourism, gaming, entertainment (movies/theater/ concerts), sports activities and other recreational services. The airport retailing industry is expected to witness significant growth over the forecast period owing to increasing air passenger traffic which in turn will augment the demand for leisure facilities at airports.
Application Insights:
Airside application segment accounted for the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing number of passengers traveling with each other on a single flight and increased spending on food and beverage products by airlines within airports. Moreover, retailing activities at airports creates additional revenue opportunities as shops are able to charge higher prices due to limited competition among retailers.
Landside application segment is expected register a significant CAGR over the forecast period owing to rising passenger traffic at various airport destinations across the globe coupled with an increase in air travelers¢â‚¬â„¢ preference for shopping during their travels or shortly after arrival at their destination airport, which provides greater opportunity for retail stores operating near airports.
Regional Analysis:
North America dominated the global airport retailing market in 2017. The growth of the regional market can be attributed to increasing demand for food and beverage products, along with rising expenditure by passengers on these products. Furthermore, new investments by companies such as Kroger and Albertsons Companies Inc., are expected to drive the growth of this regional market over the forecast period.
Asia Pacific is projected to witness significant growth over the forecast period owing to rapid developments taking place at airports across countries such as China, India, Japan among others. In addition, growing air passenger traffic has led major airlines operating out of Asia Pacific region’s airports have also contributed significantly towards increased spending on airport retailing within this region over recent years (as shown in Table 1). This trend is expected continue over future years which will further boost demand for various types of retail space at airports across Asia Pacific (except Hong Kong).
Growth Factors:
- Increasing air travel: The number of passengers travelling by air is increasing every year. This is driving the demand for retail services at airports.
- Rising income levels: As incomes rise, people are spending more on luxury items such as branded clothes and accessories. This is boosting the airport retailing market.
- Proliferation of duty-free shops: The number of duty-free shops at airports is growing rapidly due to the increase in international travel by consumers from different countries.
- Growing popularity of e-commerce: E-commerce is becoming increasingly popular, especially among young consumers who prefer to shop online for convenience and value for money reasons .This is benefiting airport retailers as they are able to sell their products online too .This trend will continue in the future, providing growth opportunities for airport retailers .5) New technologies: Airport retailers are using new technologies such as augmented reality and virtual reality to enhance the shopping experience for customers
Scope Of The Report
Report Attributes
Report Details
Report Title
Airport Retailing Market Research Report
By Type
Food and Beverage, Leisure Services, Hotel, Other,
By Application
Airside, Landside, Other,
By Companies
Rianta International, DFS, Dubai Duty Free, Dufry, Capi-Lux, Duty Free Americas, Gebr. Heinemann, King Power International, Lotte Duty Free, Lagardère Travel Retail, Shilla Duty Free, Airport Retail Group, Delhi Duty Free,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Airport Retailing Market Report Segments:
The global Airport Retailing market is segmented on the basis of:
Types
Food and Beverage, Leisure Services, Hotel, Other,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Airside, Landside, Other,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rianta International
- DFS
- Dubai Duty Free
- Dufry
- Capi-Lux
- Duty Free Americas
- Gebr. Heinemann
- King Power International
- Lotte Duty Free
- Lagardère Travel Retail
- Shilla Duty Free
- Airport Retail Group
- Delhi Duty Free
Highlights of The Airport Retailing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food and Beverage
- Leisure Services
- Hotel
- Other
- By Application:
- Airside
- Landside
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Airport Retailing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Airport retailing is the sale of goods and services at airports. This can include items such as food, drinks, souvenirs, and airport-related services.
Some of the key players operating in the airport retailing market are Rianta International, DFS, Dubai Duty Free, Dufry, Capi-Lux, Duty Free Americas, Gebr. Heinemann, King Power International, Lotte Duty Free, LagardƒÂ¨re Travel Retail, Shilla Duty Free, Airport Retail Group, Delhi Duty Free.
The airport retailing market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Airport Retailing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Airport Retailing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Airport Retailing Market - Supply Chain
4.5. Global Airport Retailing Market Forecast
4.5.1. Airport Retailing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Airport Retailing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Airport Retailing Market Absolute $ Opportunity
5. Global Airport Retailing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Airport Retailing Market Size and Volume Forecast by Type
5.3.1. Food and Beverage
5.3.2. Leisure Services
5.3.3. Hotel
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Airport Retailing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Airport Retailing Market Size and Volume Forecast by Application
6.3.1. Airside
6.3.2. Landside
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Airport Retailing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Airport Retailing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Airport Retailing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Airport Retailing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Airport Retailing Demand Share Forecast, 2019-2026
9. North America Airport Retailing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Airport Retailing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Airport Retailing Market Size and Volume Forecast by Application
9.4.1. Airside
9.4.2. Landside
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Airport Retailing Market Size and Volume Forecast by Type
9.7.1. Food and Beverage
9.7.2. Leisure Services
9.7.3. Hotel
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Airport Retailing Demand Share Forecast, 2019-2026
10. Latin America Airport Retailing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Airport Retailing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Airport Retailing Market Size and Volume Forecast by Application
10.4.1. Airside
10.4.2. Landside
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Airport Retailing Market Size and Volume Forecast by Type
10.7.1. Food and Beverage
10.7.2. Leisure Services
10.7.3. Hotel
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Airport Retailing Demand Share Forecast, 2019-2026
11. Europe Airport Retailing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Airport Retailing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Airport Retailing Market Size and Volume Forecast by Application
11.4.1. Airside
11.4.2. Landside
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Airport Retailing Market Size and Volume Forecast by Type
11.7.1. Food and Beverage
11.7.2. Leisure Services
11.7.3. Hotel
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractieness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Airport Retailing Demand Share, 2019-2026
12. Asia Pacific Airport Retailing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Airport Retailing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Airport Retailing Market Size and Volume Forecast by Application
12.4.1. Airside
12.4.2. Landside
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Airport Retailing Market Size and Volume Forecast by Type
12.7.1. Food and Beverage
12.7.2. Leisure Services
12.7.3. Hotel
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Airport Retailing Demand Share, 2019-2026
13. Middle East & Africa Airport Retailing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Airport Retailing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Airport Retailing Market Size and Volume Forecast by Application
13.4.1. Airside
13.4.2. Landside
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Airport Retailing Market Size and Volume Forecast by Type
13.7.1. Food and Beverage
13.7.2. Leisure Services
13.7.3. Hotel
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Airport Retailing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Airport Retailing Market: Market Share Analysis
14.2. Airport Retailing Distributors and Customers
14.3. Airport Retailing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rianta International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DFS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dubai Duty Free
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dufry
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Capi-Lux
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Duty Free Americas
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gebr. Heinemann
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. King Power International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lotte Duty Free
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lagardère Travel Retail
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shilla Duty Free
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Airport Retail Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Delhi Duty Free
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
