Press release
Travel Retail Market Revenue, Insights, Overview, Outlook, Analysis
Global Travel Retail MarketTravel retail is a global industry selling goods to international travellers. Sales in duty free shops are exempt from the payment of certain local or national taxes and excise duties, normally with the requirement that the goods are only sold to travellers who will take them out of the country.
The global Travel Retail market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Travel Retail is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Travel Retail is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Travel Retail in Men is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Travel Retail include Autogrill, Bahrain Duty Free Shop Complex (BSC), Baltona Duty Free, DFS Group, Dubai Duty Free, Dufry, Duty Free Americas, Gebr. Heinemann and Lagardere Travel Retail, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
By Company
• Autogrill
• Bahrain Duty Free Shop Complex (BSC)
• Baltona Duty Free
• DFS Group
• Dubai Duty Free
• Dufry
• Duty Free Americas
• Gebr. Heinemann
• Lagardere Travel Retail
• Le Bridge Duty Free
• Regstaer Duty Free
Segment by Type
• Beauty
• Wines and Spirits
• Fashion and Accessories
• Tobacco
• Other
Segment by Application
• Men
• Women
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