Airport Duty-Free Liquor Market to Skyrocket to USD 18.98 Billion by 2030, Growing at a CAGR of 22.22%

𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐃𝐮𝐭𝐲-𝐅𝐫𝐞𝐞 𝐋𝐢𝐪𝐮𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐒𝐮𝐫𝐠𝐞 𝐭𝐨 𝐔𝐒𝐃 𝟏𝟖.𝟗𝟖 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎

The global airport duty-free liquor market, valued at USD 4.65 billion in 2023, is projected to reach USD 18.98 billion by 2030, exhibiting a remarkable Compound Annual Growth Rate (CAGR) of 22.22% during the forecast period.

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Airport duty-free liquor refers to alcoholic beverages sold at airports exempt from national taxes and tariffs, often offered at a 10% to 20% discount compared to regular retail prices. The market's growth is primarily driven by increasing international travel, lifestyle changes, and the expansion of the travel and tourism industry. However, stringent baggage regulations imposed by governments, limiting baggage capacity or charging extra for excess baggage, are expected to hamper market growth during the forecast period.

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's burgeoning tourism industry and increasing international passenger traffic present significant opportunities for the airport duty-free liquor market. The government's initiatives to boost tourism further support market growth.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐫 𝐢𝐧𝐪𝐮𝐢𝐫𝐞 𝐭𝐨𝐝𝐚𝐲 : https://www.maximizemarketresearch.com/request-sample/94083/

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚

China's rapid economic development and rising middle-class population have led to increased international travel, driving the demand for duty-free liquor at airports. The expansion of airport infrastructure enhances market prospects.

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand, as a major tourist destination, experiences high demand for duty-free liquor. The country's efforts to modernize airport facilities and enhance passenger experience contribute to market growth.

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan's strategic focus on tourism, including hosting international events, boosts the airport duty-free liquor market. The emphasis on premium products caters to sophisticated consumer preferences.

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's status as a shopping hub for international travelers, coupled with a robust airport duty-free retail sector, drives market expansion. Innovative marketing strategies attract diverse consumer groups.

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore's Changi Airport, renowned for its extensive duty-free offerings, sees consistent demand for liquor products. The country's position as a global transit hub supports market stability.

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒

The United States, with its numerous international airports, presents a vast market for duty-free liquor. The recovery of international travel post-pandemic is expected to rejuvenate sales.

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐝𝐮𝐭𝐲-𝐟𝐫𝐞𝐞 𝐥𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe's diverse travel destinations and high intra-regional mobility contribute to a steady demand for duty-free liquor. Airports across the region are enhancing retail spaces to capitalize on this trend.

Airport duty-free liquor market Key Developments

In October 2024, Avolta, a Swiss duty-free retailer, announced plans to acquire Free Duty from Hong Kong-based NWS Holdings. This strategic move aims to strengthen Avolta's presence in the Asian market, with the full effect of the acquisition expected to be realized in 2025.

The global airport duty-free liquor market is poised for significant growth, driven by increasing international travel and strategic expansions by key industry players. Stakeholders are encouraged to leverage these opportunities to cater to evolving consumer demands and enhance market presence.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐫 𝐢𝐧𝐪𝐮𝐢𝐫𝐞 𝐭𝐨𝐝𝐚𝐲 :https://www.maximizemarketresearch.com/request-sample/94083/

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐤𝐞𝐲 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐃𝐮𝐭𝐲-𝐅𝐫𝐞𝐞 𝐋𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 :

𝐛𝐲 𝐓𝐲𝐩𝐞

Beer
Wine
Vodka
Cognac
Whiskey

Throughout the projected period, the whiskey segment is anticipated to expand at a CAGR of 12.20% by type. Due to rising demand from women, the whisky category is expected to dominate the worldwide duty-free liquor market by the end of 2030, accounting for more than one-third of the market share in 2023. Whiskey is also regarded as a high-end liquor and a sign of elegance and taste.

𝐛𝐲 𝐒𝐨𝐮𝐫𝐜𝐞

Grain
Corn
Sugarcane
others

Because many people purchase pricey and high-end wine from airport duty-free liquor stores for the status quo rather than for the enjoyment of drinking, the wine segment is likewise expected to grow at the quickest rate of 10.2% over the course of the forecast year. The wine segment is expected to be driven throughout the forecast period by shifts in consumer preferences as well as a rise in demand for novel and exotic flavors like Riesling wine and other tropical fruit wines.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 : @https://www.maximizemarketresearch.com/market-report/global-airport-duty-free-liquor-market/94083/ 

𝐋𝐞𝐚𝐫𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐭𝐨𝐩 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐃𝐮𝐭𝐲-𝐅𝐫𝐞𝐞 𝐋𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 :

1. Brown-Forman
2. Diageo
3. Erdington
4. Bacardi
5. Heineken
6. Glen Moray
7. Accolade Wines
8. Constellation Brands, Inc.
9. REMY COINTREAU
10. Pernod
11. Ricard

𝐆𝐞𝐭 𝐚𝐧𝐬𝐰𝐞𝐫𝐬 𝐭𝐨 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐃𝐮𝐭𝐲-𝐅𝐫𝐞𝐞 𝐋𝐢𝐪𝐮𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 :

What is Airport Duty-Free Liquor ?
What is the growth rate of the Airport Duty-Free Liquor Market?
Which are the factors expected to drive the Airport Duty-Free Liquor market growth?
What is the CAGR at which the Airport Duty-Free Liquor market will grow during the forecast period?
What are the different segments of the Airport Duty-Free Liquor Market?
Which is the fastest growing region in the Airport Duty-Free Liquor market?
What growth strategies are the players considering to increase their presence in Airport Duty-Free Liquor ?
What are the upcoming opportunities and trends for the Airport Duty-Free Liquor Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Airport Duty-Free Liquor Market?
Who are the leading companies and what are their portfolios in Airport Duty-Free Liquor Market?
What segments are covered in the Airport Duty-Free Liquor Market?
Who are the key players in the Airport Duty-Free Liquor market?

𝐆𝐚𝐢𝐧 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐥𝐢𝐧𝐤 @https://www.maximizemarketresearch.com/request-sample/94083/

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬.

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

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𝐑𝐞𝐚𝐜𝐡 𝐎𝐮𝐭 𝐭𝐨 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐟𝐨𝐫 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 :

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