Travel Retail 2021 Size, Status and Global Outlook – Dufry AG, Shilla Duty Free DFS Group, Heinemann, Lagardère Travel Retail, Lotte Duty Free

The Straitsresearch provides you regional research analysis on “Travel Retail Market” and forecast to 2029. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Travel Retail Market during the forecast period, i.e., 2021–2029.

Major Key players covered in this report:
Dufry AG, Shilla Duty Free DFS Group, Heinemann, Lagardère Travel Retail, Lotte Duty Free, Retrail GmbH

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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Travel Retail Market. The researcher provides an extensive analysis of the Travel Retail Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the Travel Retail market.

By Product, , Fashion and accessories, Perfume and cosmetics, Electronics, Food, Confectionery products, Bakery products, Catering, Luxury goods, Watches, Jewellery, Wine & spirits,

By Channel, , Airports, Cruise line, Border, down town, and hotel shops, Railway stations

As per the study commissioned by Duty-Free World Council (DFWC) and the Asia Pacific Travel Retail Association (APTRA), Asia-Pacific’s travel retail is projected to grow with a CAGR of 8.7% during the forecast period. In 2017, the region's travel retail sales accounted for around USD 36.2 billion. Airports and airlines accounted for nearly USD 21.2 billion in travel retail sales, of which around three-fourth occurred in the sub-region of East Asia. Land and maritime duty free and travel retail sales amounted to approximately USD 15 billion. 79% of all duty-free and travel retail sales in the region occurred in East Asian countries such as South Korea, China, and Japan. In addition, duty free and travel retail spending in the Asia Pacific region accounted for an estimated 140,900 direct jobs and USD 7.6 billion in direct GDP. Moreover, according to the DFWC, the Asia Pacific region is the dominating region in the travel retail, accounts for more than 45% in the global travel retail.

COVID-19 Impact:
The report has been compiled by considering the impact of the COVID-19 pandemic impact. The Travel Retail market report has detailed the threats it has created for the market as well as mentioned the key opportunities in the market to get ahead on the growth curve.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Travel Retail Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Travel Retail Market segments and regions.

The research on the Travel Retail Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Travel Retail Market on the basis of end user, product type, application, and demography for the forecast period 2021–2029. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and info graphics.

Read the full report: @ https://straitsresearch.com/report/travel-retail-market

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