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Duty-Free Retailing Market 2020-2024
It's has been monitoring the duty-free retailing market, and it is poised to grow by USD 53.5 billion during 2020-2024, progressing at a CAGR of 9% during the forecast period. Our reports on duty-free retailing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current APAC, Europe, MEA, North America, And South America market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing number of retail stores offering duty-free products. In addition, growing M&A activities is anticipated to boost the growth of the duty-free retailing market as well.
Market Segmentation
duty-free retailing market is segmented as below:
Product
• Fashion Apparel and Accessories
• Cosmetics and Perfumes
• Tobacco and Alcoholic Beverages
• Confectionery and Fine Foods
Distribution Channel
• Airports
• Border, Downtown, and Hotel Shops
• Others
Geographic segmentation
• APAC
• Europe
• North America
• South America
• MEA
Key Trends for duty-free retailing market growth
This study identifies growing M&A activities as the prime reasons driving the duty-free retailing market growth during the next few years.
Prominent vendors in duty-free retailing market
We provide a detailed analysis of around 25 vendors operating in the duty-free retailing market, including some of the vendors such as DFS Group Ltd., Dubai Duty Free, Dufry Ltd., Gebr. Heinemann SE & Co. KG, HOTEL SHILLA Co. Ltd., JR /Group, King Power International Co. Ltd., Lagardère Group, LOTTE SHOPPING Co. Ltd. and LVMH Moët Hennessy - Louis Vuitton SE.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit -https://www.It's.com/report/Global-Duty-free-Retailing-Market-industry-analysis
About
It's presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
It's has been monitoring the duty-free retailing market, and it is poised to grow by USD 53.5 billion during 2020-2024, progressing at a CAGR of 9% during the forecast period. Our reports on duty-free retailing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current APAC, Europe, MEA, North America, And South America market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing number of retail stores offering duty-free products. In addition, growing M&A activities is anticipated to boost the growth of the duty-free retailing market as well.
Market Segmentation
duty-free retailing market is segmented as below:
Product
• Fashion Apparel and Accessories
• Cosmetics and Perfumes
• Tobacco and Alcoholic Beverages
• Confectionery and Fine Foods
Distribution Channel
• Airports
• Border, Downtown, and Hotel Shops
• Others
Geographic segmentation
• APAC
• Europe
• North America
• South America
• MEA
Key Trends for duty-free retailing market growth
This study identifies growing M&A activities as the prime reasons driving the duty-free retailing market growth during the next few years.
Prominent vendors in duty-free retailing market
We provide a detailed analysis of around 25 vendors operating in the duty-free retailing market, including some of the vendors such as DFS Group Ltd., Dubai Duty Free, Dufry Ltd., Gebr. Heinemann SE & Co. KG, HOTEL SHILLA Co. Ltd., JR /Group, King Power International Co. Ltd., Lagardère Group, LOTTE SHOPPING Co. Ltd. and LVMH Moët Hennessy - Louis Vuitton SE.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit -https://www.It's.com/report/Global-Duty-free-Retailing-Market-industry-analysis
About
It's presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
