Press release
Airport Retailing Consumer Electronics Market Assessment & Development Forecast Highlighting Prominent Drivers during 2018-2028| Market Players- Durfy AG, Crystal Media, InMotion, Dubai Duty Free, Lagardere Travel Retail
Get a Sample Copy of this report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2218
Airport Retailing Consumer Electronics Companies Eye Growth Opportunities in Emerging Markets
According to a report by Airports Council International, emerging economies, including China, India, the United Arab Emirates, and Indonesia, are likely to account for more than 60% of the global air passenger traffic by 2040. With the increasing air activities in developing countries, regions such as Asia Pacific and Middle East & Africa (MEA) remain one of the leading attractions for airport retailing consumer electronics vendors.
This is expected to encourage players in the airport retailing consumer electronics market to expand their footprint in MEA and Asia Pacific in the upcoming years. Dufry AG, a Swiss travel retailer and a leading player in the airport retailing consumer electronics market, recently signed a new contract to operate a 2,300 m² with two duty-free stores at Perth Airport Pty Ltd (PAPL), Australia. The company’s goal to establish a stronger foothold in Asia, Eastern Europe, Middle East, and Australia is underpinned by its significant investments in its travel retail stores at popular airports in these regions, such as Sharjah International Airport.
Another player in the airport retailing consumer electronics market – Royal Capi-Lux recently announced to have signed a contract to open a consumer electronics store covering 447sq m of space at Abu Dhabi International Airport’s new Midfield Terminal. The company has already opened a franchise electronics store at Muscat International Airport’s new terminal, which has capacity for 20 million passengers a year. Market players are sensing highly lucrative growth opportunities at large and busy airports in emerging economies, which is redefining the growth prospects of the airport retailing consumer electronics market in developing countries.
Challenges Prevail in Improving Airport Retailing Consumer Electronics Sales at Less Ubiquitous Airports
Retailers are still struggling to establish a stronger position in the airport retailing consumer electronics market, despite the recent positive developments in the airport retail industry. Market players are becoming more aware about the fact that airport retailing consumer electronics business models that work for busy airports may misapply for less-popular airports.
Market players continue to face barriers in enhancing the consumer footfall in airports at obscure and less-discovered tourist destinations, amid increasing growth of the e-commerce industry. In order to improve sales at less ubiquitous airports, vendors in the airport retailing consumer electronics market are focusing on unique end-user requirements. Airport retailing consumer electronics market players are adopting strategies to address critical needs of diverse consumer groups, envisaging positive growth at less crowded airports.
To view complete information about this report, click here: https://www.factmr.com/report/2218/airport-retailing-consumer-electronics-market
Opportunities Abundant for Airport Retailing Consumer Electronics Vendors
Large and busy airports worldwide are concentrating on leveraging the potential of non-aeronautical or commercial income from airport retail activities, as it serves as an important source of funds for investment. Additionally, purchasing trends of air transport passenger have extended beyond shopping for food, beverages, and kitschy souvenirs to luxury retails and purchasing consumer electronics, creating lucrative avenues for vendors of airport retailing consumer electronics. Furthermore, duty-free imported consumer electronics, exclusive products, and credible brands continue to coax consumers to indulge into unplanned buying, which is expected to accelerate sales of airport retailing consumer electronics in the coming future.
Competitive Landscape
The Fact.MR report provides comprehensive information about recent developments in the airport retailing consumer electronics market. With the help of detailed financial information about leading airport retailing consumer electronics market players, the report helps readers to understand the competitive landscape of the airport retailing consumer electronics market. The airport retailing consumer electronics market players featured in the report are Durfy AG, Crystal Media, Royal Capi-Lux ('Capi'), InMotion, Dubai Duty Free, Lagardere Travel Retail, Bahrain Duty Free Shop Complex, and Regstaer Duty Free.
For Further Insights and Segment-Specific Information, Contact a Market Analyst at: https://www.factmr.com/connectus/sample?flag=AE&rep_id=2218
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Airport Retailing Consumer Electronics Market Assessment & Development Forecast Highlighting Prominent Drivers during 2018-2028| Market Players- Durfy AG, Crystal Media, InMotion, Dubai Duty Free, Lagardere Travel Retail here
News-ID: 1598048 • Views: …
More Releases from Fact.MR
Cascara product consumption is anticipated to increase at a CAGR of around 10.4% …
As per a new report by Fact.MR, a market research and competitive intelligence provider, the global cascara products market is currently valued at US$ 458 million and projected to expand at an impressive CAGR of 10.4% over the forecast period (2022 to 2032). The market registered 9.1% CAGR between 2017 and 2021. Fact.MR anticipates significant potential in the market due to the enhanced activity of market players across the coffee…
Beauty Facial Mask Market Share to Reach US$ 11.2 Billion by 2032
According to Fact.MR, a market research and competitive intelligence provider, the global beauty facial mask (BFM) market is estimated at US$ 6.8 billion in 2022 and is expected to expand at an impressive CAGR of 5.1% during the forecast years of 2022-2032.
A large number of elderly customers around the globe having the required buying power as well as the desire to appear younger, in turn increasing the demand for anti-aging…
Kiteboarding equipment sales are projected to increase at a CAGR of 14.7% during …
According to a recent report by Fact.MR, a market research and competitive intelligence provider, in 2023, the global Kiteboarding Equipment Market will be worth approximately US$ 1,042.62 Million. Kiteboarding equipment sales are expected to grow at a 14.7% CAGR to reach US$ 4,109.23 Million by 2033.
During the historical period, the increasing popularity of adventure tourism, associated with the proliferation of beach culture, stimulated market growth for kiteboarding equipment. During their…
Digital Loyalty Programs is expected to grow at a steady 8.4% CAGR by 2032
The global digital loyalty programs market is poised to increase at a steady CAGR of 8.4%, reaching US$ 98 Bn by 2032 from US$ 40.3 Bn in 2021.
"To maintain customers, retailers and enterprises may employ digital loyalty programmes software."
LoopyLoyalty, Annex Cloud, Kangaroo Rewards, Loyalty Gator, and more software are included in the scope. COVID-19 has had an unprecedented and devastating worldwide impact, with a major influence on the demand for…
More Releases for Airport
Duty-free Shopping Market May Set New Growth Story | Dubai International Airport …
Latest survey on Global Duty-free Shopping Market is conducted to provide hidden gems performance analysis of Duty-free Shopping to better demonstrate competitive environment . The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end use applications. The report bridges the historical data from 2015 to 2020 and forecasted till 2026*, the outbreak of latest scenario…
Airport Market to See Strong Investment Opportunity | Ciudad Juárez Internation …
The “ Airport - Market Development Scenario ” Study has been added to HTF MI database. The study covers in-depth overview, description about the Product, Industry Scope and elaborates market outlook and growth status to 2027. At present, the market is developing its presence following current economic slowdown and its Impact. Some of the key players considered in the study are Ciudad Juárez International Airport, Mérida International Airport, Mexico City…
Duty-free Shopping Market Projections Highlighting Primary Trends until 2027-Dub …
Duty-free Shopping Market 2021-2027 Financial Insights, Business Growth Strategies with Competitive Landscape
The Duty-free Shopping Market Research study published by MarketInsightsReports, entitled Global Duty-free Shopping Market Growth 2021-2027 consists of the market share, size, segmentation, and current trends. The study also contains the numerical research of the global Duty-free Shopping market on a global level and offers planning and designing statistics to boost business development. The report author has included key competitive landscape (upcoming identifiers)…
Airport IT Spending Market is Booming Worldwide| RESA AIRPORT DATA SYSTEMS, Rock …
HTF MI recently introduced Global Airport IT Spending Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Amadeus IT Group, RESA AIRPORT DATA SYSTEMS, Rockwell Collins, SITA…
Aerotropolis Market Report 2018: Segmentation by Airport Type (greenfield airpor …
Global Aerotropolis market research report provides company profile for Skanska, Turner Construction, Walsh Group, Austin Industries, HENSEL PHELPS and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on…
Global Airport Lighting Control System Market For Civilian and Commercial Airpor …
Latest industry research report on: Global Airport Lighting Control System Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
Request For Sample Report @ https://www.marketresearchreports.biz/sample/sample/1234282
Geographically, this report split global into several key Regions, with sales (K sqm), revenue (Million USD), market share and growth rate of Airport Lighting Control System for these regions, from 2012 to 2022 (forecast), covering
United States
China
Europe
Japan
Korea
Taiwan
Global Airport Lighting Control System market competition…
