The global duty free retailing market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing number of travelers and their spending on luxury goods. The duty free retailing industry has been witnessing a shift in its customer base from traditional customers such as business travelers to leisure travelers, who are more likely to spend on luxury goods. This trend is expected to continue in the coming years, which will drive the demand for duty free products and services across all regions.
Based on type: Cosmetics & Personal Care Products Alcohol Wine & Spirits Tobacco & Cigarettes Fashion & Luxury Goods Confectionery & Food Stuff Duty Free Retailin Based on application: Airports Onboard Aircraft Seaports Train Stations Based on region: North America Latin America Europe Asia Pacific Middle East Africa.
Some Of The Growth Factors Of This Market:
- Duty free retailing is a global phenomenon, with the majority of duty free stores being located in airports.
- The duty free market is growing at a rapid pace, with an estimated annual growth rate of 3%.
- The duty-free industry has been expanding rapidly in recent years due to the increase in international travel and tourism as well as the rise of online shopping and e-commerce.
- Duty-free retailers are able to offer lower prices than their competitors because they do not have to pay taxes on imported goods, which allows them to offer lower prices on luxury items such as jewelry and watches that are often sold at high margins by other retailers.
- Duty Free Retailing Market Growth Factors: Globalization.
Industry Growth Insights published a new data on “Duty Free Retailing Market”. The research report is titled “Duty Free Retailing Market research by Types (Cosmetics & Personal Care Products, Alcohol, Wine and Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, Others, Duty Free Retailin), By Applications (Airports, Onboard Aircraft, Seaports, Train Stations, Others), By Players/Companies Dufry, Lagardère Travel Retail, Lotte Duty Free, LVMH, Aer Rianta International (ARI), China Duty Free Group, Dubai Duty Free, Duty Free Americas, Gebr. Heinemann, King Power International Group (Thailand), The Shilla Duty Free, Duty Free Retailin”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Duty Free Retailing Market Research Report
By Type
Cosmetics & Personal Care Products, Alcohol, Wine and Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, Others, Duty Free Retailin
By Application
Airports, Onboard Aircraft, Seaports, Train Stations, Others
By Companies
Dufry, Lagardère Travel Retail, Lotte Duty Free, LVMH, Aer Rianta International (ARI), China Duty Free Group, Dubai Duty Free, Duty Free Americas, Gebr. Heinemann, King Power International Group (Thailand), The Shilla Duty Free, Duty Free Retailin
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 Duty Free Retailing Market Report Segments:
The global Duty Free Retailing market is segmented on the basis of:
Types
Cosmetics & Personal Care Products, Alcohol, Wine and Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, Others, Duty Free Retailin
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
Airports, Onboard Aircraft, Seaports, Train Stations, Others
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:
- Dufry
- Lagardère Travel Retail
- Lotte Duty Free
- LVMH
- Aer Rianta International (ARI)
- China Duty Free Group
- Dubai Duty Free
- Duty Free Americas
- Gebr. Heinemann
- King Power International Group (Thailand)
- The Shilla Duty Free
- Duty Free Retailin
Highlights of The Duty Free 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:
- Cosmetics & Personal Care Products
- Alcohol, Wine and Spirits
- Tobacco & Cigarettes
- Fashion & Luxury Goods
- Confectionery & Food Stuff
- Others
- Duty Free Retailin
- By Application:
- Airports
- Onboard Aircraft
- Seaports
- Train Stations
- Others
- 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 Duty Free 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?
Duty free retailing is the sale of goods at airports and other ports that are exempt from customs duties and taxes. These sales are made to travelers who have entered the country or territory for which they are selling without having to pay any import duties or taxes.
Some of the major players in the duty free retailing market are Dufry, LagardƒÂ¨re Travel Retail, Lotte Duty Free, LVMH, Aer Rianta International (ARI), China Duty Free Group, Dubai Duty Free, Duty Free Americas, Gebr. Heinemann, King Power International Group (Thailand), The Shilla Duty Free, Duty Free Retailin.
The duty free retailing market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Duty Free 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. Duty Free Retailing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Duty Free Retailing Market - Supply Chain
4.5. Global Duty Free Retailing Market Forecast
4.5.1. Duty Free Retailing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Duty Free Retailing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Duty Free Retailing Market Absolute $ Opportunity
5. Global Duty Free 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. Duty Free Retailing Market Size and Volume Forecast by Type
5.3.1. Cosmetics & Personal Care Products
5.3.2. Alcohol, Wine and Spirits
5.3.3. Tobacco & Cigarettes
5.3.4. Fashion & Luxury Goods
5.3.5. Confectionery & Food Stuff
5.3.6. Others
5.3.7. Duty Free Retailin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Duty Free 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. Duty Free Retailing Market Size and Volume Forecast by Application
6.3.1. Airports
6.3.2. Onboard Aircraft
6.3.3. Seaports
6.3.4. Train Stations
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Duty Free 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. Duty Free 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 Duty Free 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. Duty Free 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 Duty Free Retailing Demand Share Forecast, 2019-2026
9. North America Duty Free 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 Duty Free 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 Duty Free Retailing Market Size and Volume Forecast by Application
9.4.1. Airports
9.4.2. Onboard Aircraft
9.4.3. Seaports
9.4.4. Train Stations
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Duty Free Retailing Market Size and Volume Forecast by Type
9.7.1. Cosmetics & Personal Care Products
9.7.2. Alcohol, Wine and Spirits
9.7.3. Tobacco & Cigarettes
9.7.4. Fashion & Luxury Goods
9.7.5. Confectionery & Food Stuff
9.7.6. Others
9.7.7. Duty Free Retailin
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 Duty Free Retailing Demand Share Forecast, 2019-2026
10. Latin America Duty Free 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 Duty Free 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 Duty Free Retailing Market Size and Volume Forecast by Application
10.4.1. Airports
10.4.2. Onboard Aircraft
10.4.3. Seaports
10.4.4. Train Stations
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Duty Free Retailing Market Size and Volume Forecast by Type
10.7.1. Cosmetics & Personal Care Products
10.7.2. Alcohol, Wine and Spirits
10.7.3. Tobacco & Cigarettes
10.7.4. Fashion & Luxury Goods
10.7.5. Confectionery & Food Stuff
10.7.6. Others
10.7.7. Duty Free Retailin
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 Duty Free Retailing Demand Share Forecast, 2019-2026
11. Europe Duty Free 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 Duty Free 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 Duty Free Retailing Market Size and Volume Forecast by Application
11.4.1. Airports
11.4.2. Onboard Aircraft
11.4.3. Seaports
11.4.4. Train Stations
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Duty Free Retailing Market Size and Volume Forecast by Type
11.7.1. Cosmetics & Personal Care Products
11.7.2. Alcohol, Wine and Spirits
11.7.3. Tobacco & Cigarettes
11.7.4. Fashion & Luxury Goods
11.75. Confectionery & Food Stuff
11.7.6. Others
11.7.7. Duty Free Retailin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Duty Free Retailing Demand Share, 2019-2026
12. Asia Pacific Duty Free 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 Duty Free 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 Duty Free Retailing Market Size and Volume Forecast by Application
12.4.1. Airports
12.4.2. Onboard Aircraft
12.4.3. Seaports
12.4.4. Train Stations
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Duty Free Retailing Market Size and Volume Forecast by Type
12.7.1. Cosmetics & Personal Care Products
12.7.2. Alcohol, Wine and Spirits
12.7.3. Tobacco & Cigarettes
12.7.4. Fashion & Luxury Goods
12.7.5. Confectionery & Food Stuff
12.7.6. Others
12.7.7. Duty Free Retailin
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 Duty Free Retailing Demand Share, 2019-2026
13. Middle East & Africa Duty Free 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 Duty Free 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 Duty Free Retailing Market Size and Volume Forecast by Application
13.4.1. Airports
13.4.2. Onboard Aircraft
13.4.3. Seaports
13.4.4. Train Stations
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Duty Free Retailing Market Size and Volume Forecast by Type
13.7.1. Cosmetics & Personal Care Products
13.7.2. Alcohol, Wine and Spirits
13.7.3. Tobacco & Cigarettes
13.7.4. Fashion & Luxury Goods
13.7.5. Confectionery & Food Stuff
13.7.6. Others
13.7.7. Duty Free Retailin
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 Duty Free Retailing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Duty Free Retailing Market: Market Share Analysis
14.2. Duty Free Retailing Distributors and Customers
14.3. Duty Free Retailing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dufry
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lagardère Travel Retail
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lotte 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. LVMH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Aer Rianta International (ARI)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. China Duty Free Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dubai Duty Free
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Duty Free Americas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gebr. Heinemann
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. King Power International Group (Thailand)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. The 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. Duty Free Retailin
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 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. Fi
