Travel Retail Market Expected to Reach $153.7 Billion | By Top Leading Companies 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 Internati

Allied Market Research recently published a report, titled, "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): Global Opportunity Analysis and Industry Forecast, 2018-2025". The report offers in-depth analyses of the top investment pockets, industry trends, drivers & opportunities, key market segments, and competitive landscape. According to the report, the global travel retail market was pegged at $74.9 billion and is projected to reach $153.7 billion by 2025, registering a CAGR of 9.6% during 2018-2025.

Surge in travel and tourism, increase in urbanization, and changes in lifestyle are expected to boost the growth of the global travel retail market.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/1606?utm_source=OPR

Increase in travel & tourism worldwide has fueled the demand for cosmetics, apparels, food items, and electronic retail, which in turn drives the growth of the global travel retail market. However, unorganized local markets and stringent government regulations pertaining to airport retailing hamper the market growth. On the contrary, increase in urbanization and changes in lifestyle are expected to create lucrative opportunities in the market in future.

The luxury goods segment is expected to register the fastest CAGR of 12% during the forecast period, owing to the increased adoption of premium lifestyle. However, the perfumes & cosmetics segment held the largest share in 2017, accounting for about one-third of the total market revenue. This is majorly attributed to the improvement in lifestyle and increase in disposable across developed and developing economies. The other segments analyzed in the report include wine & spirits, tobacco, electronics, food, confectionery & catering, and others.

In 2017, the airport segment accounted for the maximum market share and is expected to continue its dominance throughout the study period, owing to the availability and ease of purchasing a wide range of premium apparels and designer clothes under one roof. However, the border, downtown & hotel shop segment is expected to manifest the fastest CAGR of 10.1% during the study period, as these establishments offer a one-stop platform for purchasing products conveniently. The other segments analyzed in the report include cruise liners and railway stations.

Europe region is expected to grow at the fastest CAGR of 7.2% from 2018 to 2025. However, the Asia-pacific region holds the maximum share, i.e. about 40% of the total market revenue, owing to rise in disposable income and significant impetus to the tourism industry in developing countries such as India and China.

Make a Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/1606?utm_source=OPR

The report analyzes the key market players in the global travel retail industry such as DFS Group, LS Travel Retail, King Power International Group, Gebr. Heinemann, Aer Rianta International (ARI), Dufry, Lotte Duty Free, The Shilla Duty Free, China Duty Free Group (CDFG), and The Nuance Group. These leading players have adopted various strategies such as partnerships, collaboration, mergers & acquisitions, and new product launch to maintain its foothold in the market.

LIST OF FIGURES

FIGURE 1. TRAVEL RETAIL MARKET SEGMENTATION
FIGURE 2. GLOBAL TRAVEL RETAIL MARKET: EXECUTIVE SUMMARY
FIGURE 3. TOP IMPACTING FACORS OF TRAVEL RETAIL MARKET
FIGURE 4. TOP INVESTMENT POCKETS
FIGURE 5. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 6. HIGH BARGAINING POWER OF BUYERS
FIGURE 7. LOW THREAT OF SUBSTITUTION
FIGURE 8. LOW THREAT OF NEW ENTRANT
FIGURE 9. HIGH COMPETITIVE RIVALRY
FIGURE 10. MARKET DYNAMICS
FIGURE 11. INTERNATIONAL TOURIST ARRIVALS, 1995-2030 (BILLION)
FIGURE 12. DEGREE OF URBANIZATION, BY REGION, 2017 (%)
FIGURE 13. GLOBAL TRAVEL RETAIL MARKET, BY REGION, 2017 (%)
FIGURE 14. U.S. TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 15. CANADA TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 16. MEXICO TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 17. UK TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 18. GERMANY TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 19. ITALY TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 20. FRANCE TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 21. REST OF EUROPE TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 22. CHINA TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 23. INDIA TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 24. JAPAN TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 25. REST OF ASIA-PACIFIC TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 26. LATIN AMERICA TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 27. MIDDLE EAST TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 28. AFRICA TRAVEL RETAIL MARKET REVENUE, 2017-2025 ($BILLION)
FIGURE 29. DFS GROUP: REVENUE, 20152017 ($MILLION)
FIGURE 30. DFS GROUP: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 31. DFS GROUP: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 32. DUFRY: REVENUE, 20152017 ($MILLION)
FIGURE 33. DUFRY: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 34. DUFRY: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 35. LS TRAVEL RETAIL: REVENUE, 20152017 ($MILLION)
FIGURE 36. LS TRAVEL RETAIL: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 37. LS TRAVEL RETAIL: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 38. LOTTE DUTY FREE: REVENUE, 20152017 ($MILLION)
FIGURE 39. LOTTE DUTY FREE: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 40. LOTTE DUTY FREE: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 41. KING POWER INTERNATIONAL GROUP: REVENUE, 20152017 ($MILLION)
FIGURE 42. KING POWER INTERNATIONAL GROUP: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 43. KING POWER INTERNATIONAL GROUP: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 44. THE SHILLA DUTY FREE: REVENUE, 20152017 ($MILLION)
FIGURE 45. THE SHILLA DUTY FREE: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 46. THE SHILLA DUTY FREE: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 47. GEBR. HEINEMANN: REVENUE, 20152017 ($MILLION)
FIGURE 48. GEBR. HEINEMANN: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 49. GEBR. HEINEMANN: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 50. CHINA DUTY FREE GROUP (CDFG): REVENUE, 20152017 ($MILLION)
FIGURE 51. CHINA DUTY FREE GROUP (CDFG): REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 52. CHINA DUTY FREE GROUP (CDFG): REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 53. AER RIANTA INTERNATIONAL (ARI): REVENUE, 20152017 ($MILLION)
FIGURE 54. AER RIANTA INTERNATIONAL (ARI): REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 55. AER RIANTA INTERNATIONAL (ARI): REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 56. THE NAUNACE GROUP: REVENUE, 20152017 ($MILLION)
FIGURE 57. THE NAUNACE GROUP: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 58. THE NAUNACE GROUP: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

Access Full Summery @ https://www.alliedmarketresearch.com/travel-retail-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.