Press release
Travel Retail Market is Set to Grow at High CAGR till 2027 | DFS Group, Dufry, LS travel retail, Lotte Duty Free, King Power International Group, The Shilla Duty Free, Gebr, Heinemann, China Duty Free Group
Travel Retail is a worldwide industry selling goods to international travelers. Sales in travel retail shops are accepted from the payment of certain local or national taxes and excise duties. It is generally with the requirement that the goods are only sold to travelers who will take them out of the country. Products that can be sold by travel retail differ by jurisdiction and different rules which is based on import allowance restrictions, excise duty calculations and other aspects. Airports provide the majority of such sales globally. Travel retail is available at border shops, onboard aircraft during international flights, cruise & ferry shops on vessels in international waters, at some international railway stations and for the provisioning of ships sailing in international waters.Rise in travel & tourism has augmented the demand for apparels, cosmetics, food items, and electronic retail in the travel retail market. Moreover, increase in urbanization and changes in lifestyle are expected to propel the growth of the global travel retail market during the forecast period. In addition, rise in disposable income among the middle-income groups and improvement in economic conditions majorly drive the growth of the market. Also, factors such as technological advancements further boost growth of the market as it increases convenience of accessing transport or booking hotels through online portals. However, unorganized local markets and strict government regulations pertaining to airport retailing impede the growth of the travel retail market. Moreover, increase in the number of millennial population is expected to drive the growth of the market.
Top Manufacturer Detail-
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
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The study is a source of reliable data on:
-Key market segments and sub-segments
-Evolving market trends and dynamics
-Changing supply and demand scenarios
-Quantifying market opportunities through market sizing and market forecasting
-Tracking current trends/opportunities/challenges
-Competitive insights
-Opportunity mapping in terms of technological breakthroughs
"Global Travel Retail Market Analysis to 2027" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of travel retail market with detailed market segmentation by product type, channel and geography. The global travel retail market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading travel retail market players and offers key trends and opportunities in the market.
Table of Contents
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. PublisherS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Travel Retail Market - By Product Type
1.3.2 Travel Retail Market - By Channel
1.3.3 Travel Retail Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. TRAVEL RETAIL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. TRAVEL RETAIL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. TRAVEL RETAIL MARKET - GLOBAL MARKET ANALYSIS
6.1. TRAVEL RETAIL - GLOBAL MARKET OVERVIEW
6.2. TRAVEL RETAIL - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. TRAVEL RETAIL MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. PERFUMES AND COSMETICS
7.3.1. Overview
7.3.2. Perfumes and cosmetics Market Forecast and Analysis
7.4. FOOD CONFECTIONERY AND CATERING
7.4.1. Overview
7.4.2. Food confectionery and catering Market Forecast and Analysis
7.5. WINE AND SPIRITS
7.5.1. Overview
7.5.2. Wine and spirits Market Forecast and Analysis
7.6. LUXURY GOODS
7.6.1. Overview
7.6.2. Luxury goods Market Forecast and Analysis
7.7. TOBACCO
7.7.1. Overview
7.7.2. Tobacco Market Forecast and Analysis
7.8. ELECTRONICS
7.8.1. Overview
7.8.2. Electronics Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. TRAVEL RETAIL MARKET - REVENUE AND FORECASTS TO 2027 - CHANNEL
8.1. OVERVIEW
8.2. CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. AIRPORTS
8.3.1. Overview
8.3.2. Airports Market Forecast and Analysis
8.4. CRUISE LINERS
8.4.1. Overview
8.4.2. Cruise liners Market Forecast and Analysis
8.5. RAILWAY STATIONS
8.5.1. Overview
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