Demand Scenario of Duty Free Retailling Market to Remain Positive Through 2024 | Global Key Players - Dufry, Lagardère, Lotte Shopping, LVMH, Aer Rianta International

Global Duty Free Retailling Market report explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2019 to 2024.

Global Duty Free Retailling Market Synopsis:

This report studies the Global Duty Free Retailling Market over the forecast period of 2019 to 2024. The Global Duty Free Retailling Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2024.

Get Sample Study Papers of “Global Duty Free Retailling Market” @ https://www.businessindustryreports.com/sample-request/205130 .

The Duty Free Retailling industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Duty Free Retailling market size to maintain the average annual growth rate of 0.133966577633 from 240.0 million $ in 2014 to 450.0 million $ in 2019, Market analysts believe that in the next few years, Duty Free Retailling market size will be further expanded, we expect that by 2024, The market size of the Duty Free Retailling will reach 950.0 million $.

The Global “Duty Free Retailling Market” research 2019 highlights the major details and provides in-depth analysis of the market along with the future growth, prospects and Industry demands analysis explores with the help of complete report with 90 Pages, figures, graphs and table of contents to analyze the situations of global Duty Free Retailling Market and Assessment to 2024.

Duty-free shops (or stores) are retail outlets that are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country. Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component.

Increasing number of low cost airlines is leading to an increase in the number of tourists which is further driving the sales of several goods at duty free retail stores at diverse areas including airports, seaports and downtown stores. Increasing tourism especially in Asia-Pacific and Europe is another key aspect driving the growth of the global duty free retailing market.

Duty Free Retailling Market Covers the Table of Contents With Segments, Key Players And Region. Based on Product Type, Duty Free Retailling Market sub segmented into perfumes & cosmetics, alcohol, tobacco goods, confectionary & food, fashion & accessories, watches & jewelry, others (stationary, electronics, etc.). On the Basis of Application, Market is sub segmented into For food and For consumer goods.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Major Players profiled in the Duty Free Retailling Market report incorporate: Dufry, Lagardère, Lotte Shopping, LVMH, Aer Rianta International (ARI), China Duty Free Group, Dubai Duty Free, Duty Free Americas

Current Industry News:

The Board of Directors of AENA SME S.A. – the Spanish airport operator – has decided to extend Dufry’s current duty-free contract covering 25 Spanish airports for up to 5 years. The newly extended contract will be operational after the expiry of the current concession agreement, which ends on 31 October 2020. The structure of the annual minimum guarantee (MAG) will see an average annual increase of 1.56%. The level of the variable concession fee component remains unchanged.

The newly extended contract includes an initial duration of 3 years and an option to further extend the contract in two steps of one year at the time, in parallel with the investment program to be implemented by Aena. The maximum duration of the extended contract will be 31 October 2025.

Having been awarded the contract extension, Dufry will implement and rollout to other airports the commercial initiatives and best practices successfully launched and tested across five pilot airports (Barcelona T2, Malaga, Alicante-Elche, Gran Canaria and Bilbao) since June 2018 as part of the common program to identify and implement actions to improve the commercial performance. These initiatives included pricing policy, improvement of shop design and layout, assortment and brand optimization, marketing & digital partnership actions, as well as sales staff incentives.

Request a Discount on standard prices of this premium report @ https://www.businessindustryreports.com/check-discount/205130 .

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Duty Free Retailling in these regions, from 2014 to 2024 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America.

Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion.

Duty Free Retailling Market Questions Answered in this Report:

1 What are the major market drivers, challenges, and opportunities in the global Duty Free Retailling Market?

2 What was the market value of the leading segments and sub-segments of the global Duty Free Retailling Market in 2018?

3 How will each segment of the global Duty Free Retailling Market grow during the forecast period and what will be the revenue generated by each of the segments by the end of 2024?

4 What are the influencing factors that may affect the market share of the key players?

5 How will the industry evolve during the forecast period 2019-2024?

6 Who are the key players in the Duty Free Retailling Market and end user market and what are their contributions?

Major Points in Table of Contents:

Global Duty Free Retailling Market Report 2019

Section 1 Duty Free Retailling Product Definition

Section 2 Global Duty Free Retailling Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Duty Free Retailling Shipments

2.2 Global Manufacturer Duty Free Retailling Business Revenue

2.3 Global Duty Free Retailling Market Overview

Section 3 Manufacturer Duty Free Retailling Business Introduction

3.1 Dufry Duty Free Retailling Business Introduction

3.1.1 Dufry Duty Free Retailling Shipments, Price, Revenue and Gross profit 2014-2019

3.1.2 Dufry Duty Free Retailling Business Distribution by Region

………………. Request free sample to get a complete Table of Content

About us

BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.

Media Contact

Business Industry Reports

Pune – India

sales@businessindustryreports.com

+19376349940

This release was published on openPR.