Press release
Duty Free Retailing Market Future Trend 2018 and Growth Factor By Top Key Players DUFRY AG, LAGARDÈRE TRAVEL RETAIL SAS, LVMH MOËT HENNESSY LOUIS VUITTON S.E, AER RIANTA INTERNATIONAL, CHINA DUTY FREE GROUP, DUBAI DUTY FREE, GEBR. HEINEMANN SE & CO. KG,
At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of the latest trends for the market segmentations classified by our analysts. According to our research team, the Global Duty-Free Retailing Market was valued at USD 70.37 billion in 2017 and is projected to reach USD 118.81 billion by 2025, growing at a CAGR of 6.8% from 2018 to 2025. Our research study mainly includes an in-depth study of the market which includes major drivers, restraints, opportunities, and challenges faced in the market along with the latest industrial trends.With a growing population, the number of travelers has also increased lately enhancing the scope of tourism globally. Over 1 billion people travel internationally which instigates the need of shopping spaces in the airport and various other sales channels such as seaports, downtown shops, etc. These shops at the sales channels are subsidized of all the taxes and produce the maximum number of revenue. Duty-free retailing shops comprises various segments such as fragrances & cosmetics, alcohol & spirits, fashion & accessories, tobacco goods, watches & jewelry.
Increasing scope of travel and tourism and attraction towards the subsided goods is booming the market and acts as a potential driver for the overall market. Apart from this, low statistics of sales shows that the local duty-free retailers are not able to generate an ample amount of revenue which suggests that the market might experience a downfall.
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The “Global Duty-Free Retailing Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Dufry AG, China Duty-Free, Duty-Free Americas, Inc., Safilo, King Power International Group and many more. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market estimation, the study also comprises a list of tables and figures for the “Global Duty-Free Retailing Market” which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of a distribution channel, type, and geography. The Asia Pacific region is expected to be the largest due to the presence of numerous developing countries.
Key Point From Table Of Content
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
5 INDUSTRY TRENDS
6 MARKET, BY TYPE
7 MARKET, BY SALES CHANNEL
8 MARKET, BY GEOGRAPHY
9 COMPANY LANDSCAPE
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About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.
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Mr. Ankush
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com
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