Travel Retail Market 2022, Industry Analysis, Potential Growth, Trends, Forecast To 2031

The global travel retail market size is expected to grow from $58.89 billion in 2021 to $68.54 billion in 2022 at a compound annual growth rate (CAGR) of 16.4%. The global travel retailing market size is expected to grow to $111.02 billion in 2026 at a CAGR of 12.8%.

The Business Research Company offers the Travel Retail Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The travel retail market consists of sales of travel retail by entities (organizations, sole traders, and partnerships) that refer to the business mainly revolving around airports, airplanes, cruise ships, and downtown duty-free stores. Travel retail products are sold during a travel environment where taxes and duties are payable, even during international travels. It is also referred to as the business of catering to shoppers while they are in transit.

Some key travel retail market players are Aer Rianta international, China duty free group co.ltd., Dufry AG, Duty free americas Inc, Gebr. Heinemann se & co.kg, King power international, Lotte Hotel, Lagardère sca, The shilla duty free, DFS Group, Flemingo International, The Naunace Group, Dufry, Dubai Duty Free, James Richardson Group, Lotte, and Qatar Duty Free.

The countries covered in the global travel retail market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global travel retail market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Travel retail Market Segmentation:
1) By Product Type: Perfume and Cosmetics, Wine and Spirit, Electronics, Luxury Goods, Food, Confectionery, and Catering, Tobacco, Others
2) By Channel: Airports, Cruise Lines, Border, Down Town and Hotel Shops, Railway Stations, Others
3) By End-User: Children (less than 18 years old), Youth (18-30 years old), Middle-Aged (30-59 years old), Elder (greater than 60 years old)

See more on the report at https://www.thebusinessresearchcompany.com/report/travel-retail-global-market-report

The Report's Table Of Contents includes
1. Executive Summary
2. Travel Retail Market Characteristics
3. Travel Retail Market Trends And Strategies
4. Impact Of COVID-19 On Travel Retail
5. Travel Retail Market Size And Growth
....
27. Travel Retail Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Travel Retail Market
29. Travel Retail Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the travel retail market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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