Press release
Global Duty-Free Retailing Market To Grow At 8.56% CAGR To 2021
About Duty-Free Retailing
Duty-free retailers are those who are exempted from certain local and national taxes and duties because they sell goods to international travelers. However, taxes may be imposed on such goods once the buyer reaches their country of destination or when the value or quantity of those goods exceeds certain limits. Such retailers operate at international airports, border towns, seaports, train stations, and onboard aircraft and ships. These retailers offer products like perfumes, cosmetics, alcohol, cigarettes, chocolates, electronics, and accessories.
Technavios analysts forecast the global duty-free retailing market to grow at a CAGR of 8.56% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global duty-free retailing market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of various consumer products to individual customers at duty-free retail stores globally.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Technavio's report, Global Duty-Free Retailing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Dufry
Lagardre
Lotte Shopping
LVMH
Other prominent vendors
Aer Rianta International (ARI)
China Duty Free Group
Dubai Duty Free
Duty Free Americas
Gebr. Heinemann
JR/Group (James Richardson)
King Power International Group (Thailand)
The Shilla Duty Free
Market driver
Premium product offerings and exemption of excise duties
For a full, detailed list, view our report
Market challenge
Lesser focus on shopping at travel points
For a full, detailed list, view our report
Market trend
APAC: Region with the highest growth rate
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
Market overview
Key-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Economic indicators
Global economic indicators
PART 06: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 07: Market segmentation by product category
Global duty-free retailing market by product category
Global duty-free retailing market for fashion, accessories, and hard luxury products
Global duty-free retailing market for cosmetics and perfumes
Global duty-free retailing market for wines and spirits
Global duty-free retailing market for tobacco
Global duty-free retailing market for confectionery and fine foods
Overall comparison of product segments
PART 08: Market segmentation by distribution channel
Global duty-free retailing market by distribution channel
Airports
Border, downtown, and hotel shops
Cruise lines, ferries, and seaports
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