Press release
Travel Retail Market by Product (Perfumes & Cosmetics, Wine & Spirits, Tobacco, Electronics, Luxury Goods, Food & Confectionery, and Catering & Others) and Channel (Airports; Cruise Liners; Railway Stations; and Border, Downtown, & Hotel Shops)
Travel Retail Market
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Development of the in travel & tourism industry, rapid urbanization, and change in lifestyle, owing to increased disposable income of the consumers drive the growth of the travel retail market. In addition, increase in travel & tourism or international tourist arrivals in the emerging economies, such as Asia-Pacific and LAMEA is anticipated to create lucrative opportunities for the global travel retail market. However, unorganized local markets and stringent regulations in airport retailing hamper the travel retail market growth.
Wines & spirits is the second largest revenue contributor in travel retail market. The consumption of wines, particularly luxury wines and spirits has increased considerable growth in the past few years. In addition, it has been observed that luxury wines & spirits are highly preferred by the international passengers, which leads to the growth of the market.
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Asia-Pacific is the largest travel retail market in the world, and is growing at the fastest rate owing to improvements in living standards, rise in disposable income, and development of the tourism industry.
Furthermore, Europe is one of the largest travel retail markets, owing to its stronger base of luxury products.
The region possesses some of the biggest apparels and cosmetics brands, namely, LVMH from France and H&M from Sweden, which hold a significant share in the luxury apparels, perfumes, and cosmetics sector, thereby making it the second largest travel retail market. Wealthy tourists from the Middle East, China, the U.S., and Russia contribute significantly towards the growth of the European travel retail market. Being the historical home of most of the luxury houses, Europes market accounts for nearly $21 billion of the travel retail sector.
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The key players in travel retail industry focus to expand their business operations in the emerging countries by adopting various strategies, such as acquisition and contact/agreement. The major players profiled in this report include DFS Group, Dufry, LS travel retail, Lotte Duty Free, King Power International Group, The Shilla Duty Free, Gebr, Heinemann, China Duty Free Group (CDFG), Aer Rianta International (ARI), and The Naunace Group.
LIST OF TABLES
TABLE 1. TRAVEL RETAIL MARKET, BY PRODUCT, 2016-2023 ($BILLION)
TABLE 2. TRAVEL RETAIL MARKET REVENUE FROM PERFUMES & COSMETICS, BY REGION, 2016-2023 ($BILLION)
TABLE 3. NORTH AMERICA PERFUMES AND COSMETICS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 4. EUROPE PERFUMES AND COSMETICS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 5. ASIA-PACIFIC PERFUMES AND COSMETICS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 6. LAMEA PERFUMES AND COSMETICS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 7. TRAVEL RETAIL MARKET REVENUE FROM FOOD, CONFECTIONERY & CATERING, BY REGION, 2016-2023 ($BILLION)
TABLE 8. NORTH AMERICA FOOD, CONFECTIONERY & CATERING TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 9. EUROPE FOOD, CONFECTIONERY & CATERING TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 10. ASIA-PACIFIC FOOD, CONFECTIONERY & CATERING TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 11. LAMEA FOOD, CONFECTIONERY & CATERING TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 12. TRAVEL RETAIL MARKET REVENUE FROM ELECTRONICS TRAVEL RETAIL, BY REGION, 2016-2023 ($BILLION)
TABLE 13. NORTH AMERICA ELECTRONICS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 14. EUROPE ELECTRONICS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 15. ASIA-PACIFIC ELECTRONICS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 16. LAMEA ELECTRONICS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 17. TRAVEL RETAIL MARKET REVENUE FROM WINES & SPIRITS TRAVEL RETAIL, BY REGION, 2016-2023 ($BILLION)
TABLE 18. NORTH AMERICA WINES & SPIRITS MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 19. EUROPE WINES & SPIRITS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 20. ASIA-PACIFIC WINES & SPIRITS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 21. LAMEA WINES & SPIRITS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 22. TRAVEL RETAIL MARKET REVENUE FROM LUXURY GOODS, BY REGION, 2016-2023 ($BILLION)
TABLE 23. NORTH AMERICA LUXURY GOODS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 24. EUROPE LUXURY GOODS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 25. ASIA-PACIFIC LUXURY GOODS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 26. LAMEA LUXURY GOODS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 27. TRAVEL RETAIL MARKET REVENUE FROM TOBACCO, BY REGION, 2016-2023 ($BILLION)
TABLE 28. NORTH AMERICA TOBACCO TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 29. EUROPE TOBACCO TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 30. ASIA-PACIFIC TOBACCO TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 31. LAMEA TOBACCO TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 32. TRAVEL RETAIL MARKET REVENUE FROM WINES & SPIRITS, BY REGION, 2016-2023 ($BILLION)
TABLE 33. NORTH AMERICA OTHERS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 34. EUROPE OTHERS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 35. ASIA-PACIFIC OTHERS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 36. LAMEA OTHERS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 37. TRAVEL RETAIL MARKET, BY CHANNEL, 2016-2023 ($BILLION)
TABLE 38. AIRPORT TRAVEL RETAIL MARKET REVENUE, BY REGION, 2016-2023 ($BILLION)
TABLE 39. NORTH AMERICA AIRPORTS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 40. EUROPE AIRPORTS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 41. ASIA-PACIFIC AIRPORTS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 42. LAMEA AIRPORTS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 43. CRUISE LINERS TRAVEL RETAIL MARKET REVENUE, BY REGION, 2016-2023 ($BILLION)
TABLE 44. NORTH AMERICA CRUISE LINERS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 45. EUROPE CRUISE LINERS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 46. ASIA-PACIFIC CRUISE LINERS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 47. LAMEA CRUISE LINERS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 48. RAILWAY STATIONS TRAVEL RETAIL MARKET REVENUE, BY REGION, 2016-2023 ($BILLION)
TABLE 49. NORTH AMERICA RAILWAY STATIONS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 50. EUROPE RAILWAY STATIONS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 51. ASIA-PACIFIC RAILWAY STATIONS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 52. LAMEA RAILWAY STATIONS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 53. BORDER, DOWNTOWN, & HOTEL SHOPS TRAVEL RETAIL MARKET REVENUE, BY REGION, 2016-2023 ($BILLION)
TABLE 54. NORTH AMERICA BORDER, DOWNTOWN, & HOTEL SHOPS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 55. EUROPE BORDER, DOWNTOWN, & HOTEL SHOPS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 56. ASIA-PACIFIC BORDER, DOWNTOWN, & HOTEL SHOPS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 57. LAMEA BORDER, DOWNTOWN, & HOTEL SHOPS TRAVEL RETAIL MARKET BY COUNTRY, 2016-2023 ($BILLION)
TABLE 58. GLOBAL TRAVEL RETAIL MARKET, BY REGION, 2016-2023 ($BILLION)
TABLE 59. NORTH AMERICAN TRAVEL RETAIL MARKET REVENUE, BY PRODUCT, 2016-2023 ($BILLION)
TABLE 60. NORTH AMERICAN TRAVEL RETAIL MARKET REVENUE, BY CHANNEL, 2016-2023 ($BILLION)
TABLE 61. NORTH AMERICAN TRAVEL RETAIL MARKET REVENUE, BY COUNTRY, 2016-2023 ($BILLION)
TABLE 62. U.S. TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 63. U.S. TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 64. CANADA TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 65. CANADA TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 66. MEXICO TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 67. MEXICO TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 68. EUROPEAN TRAVEL RETAIL MARKET REVENUE, BY PRODUCT, 2016-2023 ($BILLION)
TABLE 69. EUROPEAN TRAVEL RETAIL MARKET REVENUE, BY CHANNEL, 2016-2023 ($BILLION)
TABLE 70. EUROPEAN TRAVEL RETAIL MARKET REVENUE, BY COUNTRY, 2016-2023 ($BILLION)
TABLE 71. UK TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 72. UK TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 73. GERMANY TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 74. GERMANY TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 75. ITALY TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 76. ITALY TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 77. FRANCE TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 78. FRANCE TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 79. REST OF EUROPE TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 80. REST OF EUROPE TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 81. ASIA-PACIFIC TRAVEL RETAIL MARKET REVENUE, BY PRODUCT, 2016-2023 ($BILLION)
TABLE 82. ASIA-PACIFIC TRAVEL RETAIL MARKET REVENUE, BY CHANNEL, 2016-2023 ($BILLION)
TABLE 83. ASIA-PACIFIC TRAVEL RETAIL MARKET REVENUE, BY COUNTRY, 2016-2023 ($BILLION)
TABLE 84. CHINA TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 85. CHINA TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 86. INDIA TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 87. INDIA TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 88. JAPAN TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 89. JAPAN TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 90. REST OF ASIA-PACIFIC TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 91. REST OF ASIA-PACIFIC TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 92. LAMEA TRAVEL RETAIL MARKET REVENUE, BY PRODUCT, 2016-2023 ($BILLION)
TABLE 93. LAMEA TRAVEL RETAIL MARKET REVENUE, BY CHANNEL, 2016-2023 ($BILLION)
TABLE 94. LAMEA TRAVEL RETAIL MARKET REVENUE, BY REGION, 2016-2023 ($BILLION)
TABLE 95. LATIN AMERICA TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 96. LATIN AMERICA TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 97. MIDDLE EAST TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 98. MIDDLE EAST TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 99. AFRICA TRAVEL RETAIL MARKET, BY PRODUCT, 2016–2023 ($BILLION)
TABLE 100. AFRICA TRAVEL RETAIL MARKET, BY CHANNEL, 2016–2023 ($BILLION)
TABLE 101. DFS GROUP: COMPANY SNAPSHOT
TABLE 102. DFS GROUP: OPERATING SEGMENTS
TABLE 103. DFS GROUP: PRODUCT PORTFOLIO
TABLE 104. DUFRY: COMPANY SNAPSHOT
TABLE 105. DUFRY: OPERATING SEGMENTS
TABLE 106. DUFRY: PRODUCT PORTFOLIO
TABLE 107. LS TRAVEL RETAIL: COMPANY SNAPSHOT
TABLE 108. LS TRAVEL RETAIL: OPERATING SEGMENTS
TABLE 109. LS TRAVEL RETAIL: PRODUCT PORTFOLIO
TABLE 110. LOTTE DUTY FREE: COMPANY SNAPSHOT
TABLE 111. LOTTE DUTY FREE: OPERATING SEGMENTS
TABLE 112. LOTTE DUTY FREE: PRODUCT PORTFOLIO
TABLE 113. KING POWER INTERNATIONAL GROUP: COMPANY SNAPSHOT
TABLE 114. KING POWER INTERNATIONAL GROUP: OPERATING SEGMENTS
TABLE 115. KING POWER INTERNATIONAL GROUP: PRODUCT PORTFOLIO
TABLE 116. THE SHILLA DUTY FREE: COMPANY SNAPSHOT
TABLE 117. THE SHILLA DUTY FREE: OPERATING SEGMENTS
TABLE 118. THE SHILLA DUTY FREE: PRODUCT PORTFOLIO
TABLE 119. GEBR. HEINEMANN: COMPANY SNAPSHOT
TABLE 120. GEBR. HEINEMANN: OPERATING SEGMENTS
TABLE 121. GEBR. HEINEMANN: PRODUCT PORTFOLIO
TABLE 122. CHINA DUTY FREE GROUP (CDFG): COMPANY SNAPSHOT
TABLE 123. CHINA DUTY FREE GROUP (CDFG): OPERATING SEGMENTS
TABLE 124. CHINA DUTY FREE GROUP (CDFG): PRODUCT PORTFOLIO
TABLE 125. AER RIANTA INTERNATIONAL (ARI): COMPANY SNAPSHOT
TABLE 126. AER RIANTA INTERNATIONAL (ARI): OPERATING SEGMENTS
TABLE 127. AER RIANTA INTERNATIONAL (ARI): PRODUCT PORTFOLIO
TABLE 128. THE NAUNACE GROUP: COMPANY SNAPSHOT
TABLE 129. THE NAUNACE GROUP: OPERATING SEGMENTS
TABLE 130. THE NAUNACE GROUP: PRODUCT PORTFOLIO
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