openPR Logo
Press release

Global Travel Retail Market Size, Key Players Analysis, Covid-19 Impact, Industry Trends, Demands and Forecasts to 2025

07-28-2021 11:50 AM CET | Tourism, Cars, Traffic

Press release from: MarketReportsOnline

“Global Travel Retail Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)”, provides an in depth analysis of the global travel retail market by value, by product type, by channel, by region, etc. The report provides a detailed regional analysis of the travel retail market, including the following regions: Asia Pacific (China, Korea, and Rest of Asia Pacific); Europe; Americas; and Middle East and Africa. The report also provides a detailed analysis of the COVID-19 impact on the travel retail market.

The report also assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall global travel retail market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Get a Free Sample Copy of Global Travel Retail Market Research Report at https://www.marketreportsonline.com/contacts/requestsample.php?name=843995

The global travel retail market is fragmented with many major market players operating worldwide. The key players of the travel retail market are Dufry AG, Hotel Shilla Co.,Ltd (The Shilla Duty Free), Lagardère S.C.A, and Lotte Corporation (Lotte Duty Free) are also profiled with their financial information and respective business strategies.

Country Coverage
• Asia Pacific
• Europe
• Americas
• Middle East & Africa

Company Coverage
• Dufry AG
• Hotel Shilla Co.,Ltd (The Shilla Duty Free)
• Lagardère S.C.A
• Lotte Corporation (Lotte Duty Free)

Executive Summary
Travel retail is the retail market place mainly in the travel areas like airport, airlines, ferries and so on. The products intended to sell at such platforms may or may not be subject to tax and duties, on purchasing, even though the person is leaving the country. The concept of travel retail dates back to 1947 when ‘duty free’ shops were introduced as a marketing strategy.

The travel retail market can be segmented on the basis of product type (Fragrances and Cosmetics, Wine & Spirits, Fashion & Accessories and Others); and by channel (Non-airport DFS, Airport, Airlines and Ferries).

Direct Purchase of this Research Report at https://www.marketreportsonline.com/contacts/purchase.php?name=843995

The global travel retail market has increased significantly during the years 2017-2019 and then the market declined in the year 2020 tremendously, and then rise progressively in the next four years i.e. 2021-2025. The travel retail market is expected to increase due to dominating gen Z and millennial population, increasing in global urbanization, rising middle class population, increased personal luxury goods consumption, increasing number of airports, increased traveling offers, growing alternatives to pass waiting time, etc. Yet the market faces some challenges such as disruption in tourism industry, economic slowdown, lack of availability of space, tedious air travel requirements, etc.

Table of Contents:
1. Executive Summary
2. Introduction
2.1 Travel Retail: An Overview
2.1.1 Establishment Process Flow in Travel Retail
2.1.2 Benefits of Travel Retail
2.1.3 Features in Travel Retail
2.1.4 Types of Purchases in Travel Retail
2.2 Travel Retail Segmentation: An Overview
2.2.1 Travel Retail Segmentation by Channel
2.2.2 Travel Retail Segmentation by Product Type
3. Global Market Analysis
3.1 Global Travel Retail Market: An Analysis
3.1.1 Global Travel Retail Market by Value
3.1.2 Global Travel Retail Market by Product Type (Fragrances & Cosmetics, Wine & Spirits, Fashion & Accessories, and Others)
3.1.3 Global Travel Retail Market by Channel (Non-Airports DFS, Airports, Airlines, and Ferries)
3.1.4 Global Travel Retail Market by Region (Asia Pacific, Europe, Americas, and Middle East & Africa)
3.2 Global Travel Retail Market: Product Type Analysis
3.2.1 Global Fragrances & Cosmetics Travel Retail Market by Value
3.2.2 Global Wine & Spirits Travel Retail Market by Value
3.2.3 Global Fashion & Accessories Travel Retail Market by Value
3.2.4 Global Others Travel Retail Market by Value
3.3 Global Travel Retail Market: Channel Analysis
3.3.1 Global Non- Airports DFS Travel Retail Market by Value
3.3.2 Global Airports Travel Retail Market by Value
3.3.3 Global Airlines Travel Retail Market by Value
3.3.4 Global Ferries Travel Retail Market by Value
4. Regional Market Analysis
4.1 Asia Pacific Travel Retail Market: An Analysis
4.1.1 Asia Pacific Travel Retail Market by Value
4.1.2 Asia Pacific Travel Retail Market by Region (Korea, China, and Rest of Asia Pacific)
4.1.3 Korea Travel Retail Market by Value
4.1.4 Korea Travel Retail Market by Channel (Airport and Others)
4.1.5 Korea Airport Travel Retail Market by Value
4.1.6 Korea Others Travel Retail Market by Value
4.1.7 China Travel Retail Market by Value
4.1.8 Rest of Asia Pacific Travel Retail Market by Value
4.2 Europe Travel Retail Market: An Analysis
4.2.1 Europe Travel Retail Market by Value
4.3 Americas Travel Retail Market: An Analysis
4.3.1 Americas Travel Retail Market by Value
4.4 Middle East & Africa Travel Retail Market: An Analysis
4.4.1 Middle East & Africa Travel Retail Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Travel Retail Market
5.1.2 Impact of COVID-19 on Global Travel Retail Market
5.1.3 Impact of COVID-19 on China Travel Retail Market
5.1.4 Impact of COVID-19 on Korea Travel Retail Market
6. Market Dynamics
6.1 Growth Driver
6.1.1 Dominating Gen Z and Millennial Population
6.1.2 Increasing in Global Urbanization
6.1.3 Rising Middle Class Population
6.1.4 Increased Personal Luxury Goods Consumption
6.1.5 Increasing Number of Airports
6.1.6 Increased Traveling Offers
6.1.7 Growing Alternatives to Pass Waiting Time
6.2 Challenges
6.2.1 Disruption in Tourism Industry
6.2.2 Economic Slowdown
6.2.3 Lack of Availability of Space
6.2.4 Tedious Air Travel Requirements
6.3 Market Trends
6.3.1 Increasing Use of Artificial Intelligence (AI)
6.3.2 Technological Advancements
6.3.3 Passenger Control Tower
6.3.4 Personalized Pricing and Assortment Tool
6.3.5 Growing Trend of Robotics in Travel Retail
6.3.6 Supplementing with Augmented Reality and Virtual Reality
7. Competitive Landscape
7.1 Global Travel Retail Market Players: A Financial Comparison
7.2 Global Travel Retail Market Players: Product Price Comparison
7.3 China Travel Retail Market Players: Ownership Comparison
7.4 China Travel Retail Market Players: Offshore Duty Free Store Comparison
8. Company Profiles
8.1 Dufry AG
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Hotel Shilla Co.,Ltd (The Shilla Duty Free)
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 Lagardère S.C.A
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 Lotte Corporation (Lotte Duty Free)
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy

List of Tables
Table 1: Global Travel Retail Players: A Financial Comparison; 2020
Table 2: Global Travel Retail Market Players: Product Price Comparison; 2020
Table 3: China Travel Retail Market Players : Ownership Comparison
Table 4: China Travel Retail Market Players: Offshore Duty Free Store Comparison; 2020

MarketReportsOnline.com is your one stop market research and industry analysis reports' library providing business data and intelligence information on thousands of micro markets with global as well as regional coverage. Category focused research, country reports, company profiles, regional and global industry profiles and guides to premium reports offering extensive coverage of other 20+ industries are all available in our library of syndicated market research reports.

+ 1 888 391 5441
sales@marketreportsonline.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 Global Travel Retail Market Size, Key Players Analysis, Covid-19 Impact, Industry Trends, Demands and Forecasts to 2025 here

News-ID: 2339464 • Views: 320

More Releases from MarketReportsOnline

UAE Construction Market Report- Growth with Industry Study, Detailed Analysis an …
The UAE Construction Market research report provides information about market penetration that offers comprehensive data on the market provided by the key market players. UAE Construction Market also provides in-depth data about lucrative emerging markets and analyzes penetration across different market segments. Moreover, the UAE Construction Market research report offers an exhaustive analysis of market strategies, certification, landscape, manufacturing capabilities, and certifications. Request for FREE PDF Sample Report @ https://www.marketreportsonline.com/contacts/requestsample.php?name=840533 The UAE's
Global Trust and Corporate Service Market with Covid-19 Impact and Key Players a …
Global Trust and Corporate Service Market: Size and Forecasts with Impact Analysis of Covid-19 (2021-2025 Edition), provides an in depth analysis of the trust and corporate service market by value and by segments. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global trust and corporate service market has also been
Global IT Managed Services Market with Covid-19 Impact Analysis, Key Players, Si …
Global IT Managed Services Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)", provides an in depth analysis of the global IT managed services market by value, by type, by deployment model, by enterprise size, by end-user, by region, etc. The report provides a regional analysis of the IT managed services market, including the following regions: North America (The US, and Rest of North America); Europe (Germany, UK, France,
The US E-commerce Software Market Size, Key Players, Covid-19 Impact Analysis an …
The US E-commerce Software Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)", provides an in depth analysis of the US e-commerce software market by value, by deployment model, by business model, by end-user, etc. The report also provides a detailed analysis of the COVID-19 impact on the US e-commerce software market. The report also assesses the key opportunities in the market and outlines the factors that are and would

All 5 Releases


More Releases for Travel

Las Vegas Travel Tips
The city of Las Vegas is known as a universal goal of betting in the clubhouse that are situated over this city and the nightlife that is offered to the voyagers, who visit this goal from various parts of the world. For single ladies voyagers to Las Vegas, the season of New Year ought to have stayed away from as the city is uncommonly swarmed amid this time. Nonetheless, the
City Travel Briefing: Paris
Paris has been resilient as one of the world's leading tourist destinations despite a host of challenges related to security, accommodation and overcrowding. With a clear focus on reinventing the city for the modern traveller by transforming its infrastructure, culture and attractions, Paris is well placed to compete with emerging cities vying to become the tourist destination of choice. This report outlines Paris's strategy in attracting new (and old) holidaymakers
TRAVEL KA BAAP
Travel Ka Baap Travel World Under One Roof 28 December 2016, DELHI, INDIA TKB Group(www.travelkabaap.com) exists to provide Advance travel platform. Ultimately, the motto is to centralize the tourism industry at the single platform. Purpose –TKB Group exists to provide fast & feasible Travel Solutions, Consulting & Unique portal to Industries and individuals verticals in India and across the Globe.TKB Group sells solutions & results. TravelKaBaap is a growing company in which a traveler
Tonga Travel Guide Launched
South Pacific Travel has launched its online Tonga Travel Guide with 125 pages of maps, photos, drawings, and travel information. Tonga.SouthPacific.org is based on the Kingdom of Tonga chapter from Moon Handbooks South Pacific, now fully updated by the original author David Stanley. The 11 digital map files used in the printed book have been modified for web use. The site outlines the many sports and recreation opportunities in Tonga. The
Kanoo Travel Launches New Luxury Travel Brochure
Partners with American Express Vacations to offer its Middle East customers a wide array of exciting travel destinations combining high quality with excellent value for money. Dubai, United Arab Emirates, September 1, 2009: Kanoo Travel, the largest travel company in the Middle East, today announced that it has partnered with American Express Vacations to launch a new luxury travel brochure for its customers in the Middle East. The first Kanoo Travel
Resume Worthy Summer Travel
Marblehead, MA (April 7, 2008) – For those looking to get something more out of their summer travel experience, there is no need to look beyond the newly launched BrilliantTrips.com. Those aged between 18 and 26 years old can find a variety of specially tailored experiences focused on learning, adventure, cross-cultural understanding, volunteering, sustainable tourism, and ecotourism. The importance of travel abroad in today’s global marketplace is emphasized