North America Travel Retail Market Forecast to Reach USD 15.58 Billion by 2030, Driven by Airport Retail Expansion and Premiumization Trends

Mordor Intelligence has published a new report on the North America Travel Retail Market, offering a comprehensive analysis of trends, growth drivers, and future projections.

North America Travel Retail Market Outlook

The North America travel retail market size stood at USD 12.76 billion in 2025 and is forecast to reach USD 15.58 billion by 2030, reflecting a 4.07% CAGR over the period. The North America Travel Retail Market size is supported by a rebound in international air travel, increased passenger spending, and the expansion of retail spaces across major airports and cruise terminals.

Airports remain the dominant distribution channel, capturing the largest North America Travel Retail Market share, while cruise liners and other channels are emerging with higher growth potential.

Report Overview: https://www.mordorintelligence.com/industry-reports/travel-retail-market-in-north-america?utm_source=openpr

Key Trends in the North America Travel Retail Market

1. Rebound in International Air Travel

International travelers spend more than domestic passengers, and the recovery of international flights boosts retail sales, with leisure travelers leading revenue and business travelers buying premium products.

2. Expansion of Airport Retail Spaces

Major airports like JFK, DFW, and Toronto Pearson are expanding retail spaces and modernizing concessions, offering more shopping options, enhancing experiences, and encouraging longer dwell times for higher spending.

3. Premium Products and Higher Passenger Spend

Retailers target premium categories like fragrances, cosmetics, and luxury goods to increase passenger spending, as travelers increasingly prefer high-quality, exclusive products, boosting revenue across multiple segments.

4. Growth of Cruise Line Retail

While airports remain the main channel, cruise line retail is growing faster, with investments in onboard stores and experiences attracting leisure travelers and expanding overall market reach.

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/travel-retail-market-in-north-america?utm_source=openpr

Segmentation of the North America Travel Retail Market

By Product Type:

Fashion and Accessories

Wine and Spirits

Tobacco

Food and Confectionery

Fragrances and Cosmetics

Other Product Types (Stationery, Electronics, Watches, Jewelry, etc.)

By Distribution Channel:

Airports

Cruise Liners

Railway Stations

Other Distribution Channels

By Traveler Demographics:

Business Travelers

Leisure Travelers

Visiting Friends and Relatives (VFR)

Medical and Wellness Tourists

Student Travelers

By Geography:

Canada

United States

Mexico

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Key Players in the North America Travel Retail Market

Dufry (Hudson): Operates global travel retail stores, offering a wide range of duty-free products and convenience items across airports and travel hubs.

Duty Free Americas: A leading operator of duty-free stores in North America, providing fragrances, cosmetics, spirits, and luxury goods to travelers.

Paradies Lagardère: Specializes in airport retail, managing duty-free shops, convenience stores, and specialty outlets with a focus on traveler experience.

WH Smith (InMotion): Offers travel essentials, electronics, and entertainment products in airports, targeting convenience and lifestyle needs of passengers.

Explore more insights on North America Travel Retail Market competitive landscape: https://www.mordorintelligence.com/industry-reports/travel-retail-market-in-north-america/companies?utm_source=openpr

Conclusion

The North America Travel Retail Market is expected to continue its positive trajectory through 2030. Growth is underpinned by increasing international passenger volumes, expansion of airport retail spaces, and the rising trend of premium purchases. The North America Travel Retail Market trends indicate a shift towards a more passenger-centric approach, where the quality of experience influences spending patterns more than product availability alone.

Get the latest industry insights on North America Travel Retail Market: https://www.mordorintelligence.com/industry-reports/travel-retail-market-in-north-america?utm_source=openpr

Industry Related Reports:

South Korea Travel Retail Market

The South Korea Travel Retail Market reached USD 8.26 billion in 2025 and is expected to grow to USD 12.16 billion by 2030, reflecting an 8.04% CAGR over the period. The market is benefiting from the return of international travelers, particularly group tours from China, and supportive duty-free policies that allow higher alcohol and perfume allowances. Rising interest in K-culture merchandise and growth in cruise tourism are also driving demand across airports and key tourist destinations.

Get more insights: https://www.mordorintelligence.com/industry-reports/south-korea-travel-retail-market?utm_source=openpr

Duty Free And Travel Retail Market

The duty-free & travel retail market stood at USD 94.20 billion in 2025 and is forecast to reach USD 144.00 billion by 2030, translating into an 8.80% CAGR. Growth is propelled by the rebound in international passenger volumes, a premiumization shift that raises average transaction values, and operators' rapid embrace of omnichannel services that capture spending before, during, and after the trip

Get more insights: https://www.mordorintelligence.com/industry-reports/duty-free-and-travel-retail-market?utm_source=openpr

Singapore Travel Retail Market

The Singapore Travel Retail Market is estimated at USD 56.18 billion in 2025 and is projected to reach USD 75.18 billion by 2030, reflecting a CAGR of over 6% during the forecast period. This growth is driven by a resurgence in international tourism, particularly from China and Southeast Asia, and increasing demand for luxury goods and K-culture merchandise. Additionally, the expansion of Changi Airport's retail offerings and the rise of cruise tourism are further bolstering the market's expansion.

Get more insights: https://www.mordorintelligence.com/industry-reports/singapore-travel-retail-market?utm_source=openpr

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