Press release
Strong Growth Ahead: Airport Retailing Market Size To Grow At Arecord 11.6% Cagr By 2029
Airport Retailing Market
How Big Is the Airport Retailing Market Size Expected to Be by 2034?
The airport retailing market has seen rapid expansion and is projected to grow from $29.28 billion in 2024 to $32.77 billion in 2025 at a CAGR of 11.9%. Factors include rising passenger numbers, higher disposable incomes, the expansion of retail brands, low-cost airline growth, and urbanization.
The airport retailing market is anticipated to grow swiftly, reaching $50.76 billion by 2029 at a CAGR of 11.6%, due to evolving consumer habits, improved airport infrastructure, increased demand for luxury goods, benefits of duty-free shopping, and higher tourism rates. Notable trends include tech innovation, airline partnerships, data-driven strategies, unique retail formats, and omnichannel retailing.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18216
What Are the Emerging Segments Within the Airport Retailing Market?
The airport retailing market covered in this report is segmented -
1) By Product: Liquor And Tobacco, Perfumes And Cosmetics, Fashion And Accessories, Food And Beverages, Other Products
2) By Services: Currency Exchange, Travel Agencies, Car Rentals, Duty-Free Pre-Order
3) By Airport Size: Large Airport, Medium Airport, Small Airport
4) By Store Location: Pre-Security (Landside), Post-Security (Airside)
5) By Distribution Channel: Direct Retailer, Convenience Store, Specialty Retailer, Departmental store
Subsegments:
1) By Liquor And Tobacco: Alcoholic Beverages (Whiskey, Wine, Etc.), Cigarettes And Cigars, Duty-Free Alcohol And Tobacco
2) By Perfumes And Cosmetics: Fragrances (Men's And Women's), Skincare Products, Hair Care Products, Makeup And Cosmetics
3) By Fashion And Accessories: Clothing (Men's, Women's, Children's), Bags And Luggage, Jewelry And Watches, Sunglasses And Eyewear
4) By Food And Beverages: Packaged Snacks And Confectionery, Fresh Food (Sandwiches, Salads, Etc.), Beverages (Non-Alcoholic, Soft Drinks, Etc.), Specialty Foods (Local And International Cuisines)
5) By Other Products: Electronics And Gadgets, Souvenirs And Travel Essentials, Books And Magazines, Health And Wellness Products
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18216&type=smp
What Long-Term Drivers Are Shaping Airport Retailing Market Trends?
The increase in air travel is positively influencing airport retailing market growth. Passenger traffic is rising due to tourism, improved connectivity, and infrastructure improvements. Airport retail enhances the passenger experience and provides additional revenue for airport operations. In March 2023, the Bureau of Transport and Statistics stated that U.S. airlines carried 853 million passengers in 2022, up from 658 million in 2021. Consequently, airport retailing is growing alongside increased air travel.
Who Are the Top Competitors in Key Airport Retailing Market Segments?
Major companies operating in the airport retailing market are Dufry AG, Lagardère Travel Retail Group, Gebr. Heinemann SE & Co. KG, SSP Group PLC, HMSHost Corporation, Duty Free Americas Inc., Dubai Duty-Free, Nuance Group, Japan Airport Terminal Co. Ltd., Paradies Lagardère, WH Smith PLC, DFS Group Limited, Lotte Duty Free, Hudson Group, InMotion Entertainment Group LLC, Flemingo International, Airport Retail Group LLC, Aer Rianta International (ARI), King Power International, The Shilla Duty Free, Autogrill S.p.A., Aelia Duty Free
What Airport Retailing Market Trends Are Gaining Traction Across Different Segments?
In the airport retailing market, companies are enhancing the travel experience with modern retail concepts. For instance, in November 2023, Chalhoub Group launched The Visitor, a retail concept designed to appeal to younger travelers by delivering a dynamic and immersive airport shopping experience.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/airport-retailing-global-market-report
Which Regions Are Becoming Hubs for Airport Retailing Market Innovation?
Asia-Pacific was the largest region in the airport retailing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport retailing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Airport Retailing Market?
2. What is the CAGR expected in the Airport Retailing Market?
3. What Are the Key Innovations Transforming the Airport Retailing Industry?
4. Which Region Is Leading the Airport Retailing Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Strong Growth Ahead: Airport Retailing Market Size To Grow At Arecord 11.6% Cagr By 2029 here
News-ID: 4032432 • Views: …
More Releases from The Business Research Company
Booming Construction Activity Drives Growth of the Voice Gender Conversion Artif …
What Will the Voice Gender Conversion Artificial Intelligence (AI) Market Size Reach by 2025?
The sphere of artificial intelligence dedicated to voice gender conversion has witnessed remarkable, rapid expansion lately, projected to ascend from a valuation of $1.06 billion in 2024 to $1.33 billion the following year, exhibiting a compound annual growth rate of 25.5%. This historical upward trajectory is fueled significantly by the wider integration of AI within the media…
Future of the Vertical Video Templates Marketplaces Market: Key Innovations and …
What Market Value Will the Vertical Video Templates Marketplaces Industry Achieve by 2025?
The market for vertical video templates has experienced substantial expansion lately, projected to move from a valuation of $1.24 billion in the year 2024 to reach $1.45 billion by 2025, reflecting a compound annual growth rate (CAGR) of 16.7%. This historical upward trajectory is primarily fueled by several key factors: a widespread embrace of brief video formats, the…
Global Vector Index Freshness Management Market Expected to Grow at 22.5% CAGR, …
What Will the Vector Index Freshness Management Market Size Reach by 2025?
The market valuation for vector index freshness management has experienced rapid expansion lately, escalating from a figure of $1.35 billion in 2024 to an anticipated $1.65 billion just one year later in 2025, reflecting a compound annual growth rate (CAGR) of 22.8%; this substantial historical uplift is primarily fueled by the amplified deployment of large language models, heightened attention…
2025-2034 User-Generated Content Rights Platform Market Evolution: Emerging Oppo …
"What Is the Projected Size of the User-Generated Content Rights Platform Market by 2025?
The market encompassing platforms for user-generated content rights has seen rapid expansion lately, projected to increase its valuation from 1.74 billion US dollars in 2024 to 2.15 billion US dollars the subsequent year, reflecting a compound annual growth rate (CAGR) of 23.3%. This historical expansion primarily stems from several contributing factors, notably the surge in digitally produced…
More Releases for Airport
Toronto Pearson Airport Taxi Offers Top-Notch Airport Transportation
Image: https://www.getnews.info/wp-content/uploads/2024/07/1720188697.jpeg
Toronto Pearson Airport Taxi Provides Unmatched Convenience and Reliability for Travelers.
Toronto, ON - July 5, 2024 - Toronto Pearson Airport Taxi is the premier choice for all airport transportation needs. The company guarantees its passengers a smooth and stress-free trip to and from Pearson International Airport by focusing on excellent customer service. With a fleet of modern vehicles and professional drivers, Toronto Pearson Airport Taxi offers reliability and…
Optimizing Airport Operations : The Evolving Airport Stands Equipment Market
The global airport stands equipment market was valued at $3.97 billion in 2020, and is projected to reach $7.22 billion by 2030, registering a CAGR of 6.4%.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/1080
By stands the airport stands equipment market is segregated into engine access, landing gear access, wheel, aircraft entry, cabin interior, and others. The aircraft entry segment accounted for the highest revenue in 2020, owing to increase in demand for airport…
Airport Market to See Strong Investment Opportunity | Ciudad Juárez Internation …
The “ Airport - Market Development Scenario ” Study has been added to HTF MI database. The study covers in-depth overview, description about the Product, Industry Scope and elaborates market outlook and growth status to 2027. At present, the market is developing its presence following current economic slowdown and its Impact. Some of the key players considered in the study are Ciudad Juárez International Airport, Mérida International Airport, Mexico City…
Duty-free Shopping Market Projections Highlighting Primary Trends until 2027-Dub …
Duty-free Shopping Market 2021-2027 Financial Insights, Business Growth Strategies with Competitive Landscape
The Duty-free Shopping Market Research study published by MarketInsightsReports, entitled Global Duty-free Shopping Market Growth 2021-2027 consists of the market share, size, segmentation, and current trends. The study also contains the numerical research of the global Duty-free Shopping market on a global level and offers planning and designing statistics to boost business development. The report author has included key competitive landscape (upcoming identifiers)…
Airport IT Spending Market is Booming Worldwide| RESA AIRPORT DATA SYSTEMS, Rock …
HTF MI recently introduced Global Airport IT Spending Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Amadeus IT Group, RESA AIRPORT DATA SYSTEMS, Rockwell Collins, SITA…
Aerotropolis Market Report 2018: Segmentation by Airport Type (greenfield airpor …
Global Aerotropolis market research report provides company profile for Skanska, Turner Construction, Walsh Group, Austin Industries, HENSEL PHELPS and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on…
