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Travel Retail Market Growing at CAGR of +9% by 2023 – Know about Technology and Services, Application, Future Outlook, Top Players like DFS Group, Dufry, LS travel retail, Lotte Duty Free, King Power International Group

12-11-2018 12:55 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Consultant

Travel Retail Market Growing at CAGR of +9% by 2023 – Know about

The increase in travel and tourism has increased the demand for clothing, cosmetics, food and electronic retail in the travel retail industry. In addition, the increase in urbanization and changes in lifestyle are expected to drive the growth of the global travel retail market during the forecast period. In addition, the increase in disposable income among the middle income groups and the improvement in economic conditions greatly boost market growth. In addition, factors such as technological advances further boost market growth, as it increases the convenience of accessing transportation or booking hotels through online portals. However, unorganized local markets and strict government regulations regarding retail sales at airports impede the growth of the retail travel market.

The global travel retail market is expected to reach US$+153.7 billion by 2025, registering a CAGR of +9% during the forecast period.

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Top Key Vendors:

Travel Retail Market report covers top vendors of the market 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.

The demand for these products and services is gaining popularity in regions like North America, Europe, China, Japan, Southeast Asia, and India. Travel retail market research report provides vital information regarding the dominant key players in the market that aids the reader in the study of the various techniques and processes responsible for their success. The statistics provide an overview of the specific role of these companies in the evolution of this market. It gives sufficient data to determine the appropriate approach to the current and approaching proceedings in the market.

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This substantial report includes market strategies, challenges, and prospects for progress together with a detailed study of the highlights that affect the global travel retail market. It also sheds light on the ongoing developments in the field, as well as the prevailing strategies for prospering in this constantly evolving market. To conclude, this report covers all the financial, economic and social factors necessary for the industry, which improves the reader with the information necessary to make an informed decision.

In this study, the years considered to estimate the size of travel retail market are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

If you have any special requirements, please let us know and we will offer you the report as you want.

Table of Content:

Global Travel Retail Market Research Report
Chapter 1. Overview of Market
Chapter 2. Manufacturing Cost Structure Analysis
Chapter 3. Technical Data and Manufacturing Plant Analysis
Chapter 4. Overall Travel Retail Market Overview
Chapter 5. Regional Market Analysis
Chapter 6. Travel Retail Industry Analysis by Type
Chapter 7. Market Analysis by Application
Chapter 8. Major Manufacturers Analysis
Chapter 9. Development Trend Analysis of Travel Retail Market
Chapter 10. Market Analysis by Type
Chapter 11. Consumer Analysis
Chapter 12. Conclusion

About Us:

Report Consultant - A global leader in analytics, research and advisory that can assist you to renovate your business and modify your approach. With us, you will learn to take decisions intrepidly. We make sense of drawbacks, opportunities, circumstances, estimations and information using our experienced skills and verified methodologies.

Our research reports will give you an exceptional experience of innovative solutions and outcomes. We have effectively steered businesses all over the world with our market research reports and are outstandingly positioned to lead digital transformations. Thus, we craft greater value for clients by presenting advanced opportunities in the global market.

Contact us:
Rebecca Parker
(Report Consultant)
Akasaka biz tower,
5-3-1 akasaka minato-ku,
Tokyo, Japan
Contact No: +81-368444299
sales@reportconsultant.com
www.reportconsultant.com

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