Duty-Free Retailing Market By Product Type, By Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031

List of Tables

The global duty-free retailing market is envisioned to garner $94,203.7 million by 2031, growing from $ 33,651.8 million in 2021 at a CAGR of 10.6% from 2022 to 2031.

The duty-free retailing industry is expected to have significant growth throughout the projected period because of the rise in passenger numbers across the globe. Rising disposable incomes and increased consumer spending in the Asia-Pacific region are likely to fuel the duty-free retailing market growth during the forecast timeframe. China and India are offering the most lucrative growth opportunities for the global duty-free retailing market on account of the increasing population and improvement in air connectivity.

The development of the duty-free retailing business may be hampered during the forecast period on account of limited product options, issues with currency exchange rates, and currency volatility. Fluctuations in currency have a significant influence on customer purchasing habits. A steady currency allows customers to buy more. In addition, regulations around tax exemptions and travel limitations for visitors crossing land borders create caps on shopper flows.

Growth in the travel and tourism sector post-COVID-19 offers lucrative opportunities to duty-free retailing market players. In addition, downtown duty-free retailing is likely to offer lucrative growth opportunities to market players. Downtown retail provides numerous possibilities to increase sales enabled by an airport pick-up of items purchased at the end of trips. Sales volumes are also raised by offering a broad product range of products. The COVID-19 outbreak caused severe travel restrictions and bans that restricted non-essential travel, ultimately hampering the duty-free industry. The drop in air traffic globally hampered the aeronautical and commercial revenues of airline operators. Thus, negatively affecting the duty-free retailing market.

The key players profiled in this report include: Duty-Free Americas, SHINSEGAE DUTY-FREE, Aer Rianta International, Dubai Duty-Free, China Duty-Free Group Co., Ltd., LOTTE HOTEL., DUFRY AG, HYUNDAI DEPARTMENT STORE DUTY-FREE, Lagardere group, and LVMH.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the duty-free retailing market analysis from 2021 to 2031 to identify the prevailing duty-free retailing market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the duty-free retailing market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global duty-free retailing market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product Type

Perfume Cosmetics
Electronics
Wine Spirits
Food
Confectionery Catering
Tobacco
Luxury Goods
Others

By Sales Channel

Airports
Cruise Liners
Railway Stations
Border
Down-Town Hotel Shop

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest Of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia-Pacific
Latin America
- Brazil
- Argentina
- Colombia
- Rest Of LAMEA
Middle East
- Saudi Arabia
- United Arab Emirates
- Kuwait
- Rest Of Middle East

Key Market Players

Dufry AG
Lotte Duty Free
The Shilla Duty Free
China Duty Free Group Co.,Ltd.
Lagardere Travel Retail
Duty Free Americas
DFS Group
KING POWER International
Dubai Duty Free
Gebr. Heinemann SE & Co. KG

Product Code: A53117

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Market Share Analysis
3.8. Patent Landscape
3.9. Regulatory Guidelines
3.10. Value Chain Analysis

CHAPTER 4: DUTY-FREE RETAILING MARKET, BY PRODUCT TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Perfume & Cosmetics
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Electronics
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Wine & Spirits
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Food
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. Confectionery & Catering
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
4.7. Tobacco
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
4.8. Luxury Goods
- 4.8.1. Key market trends, growth factors and opportunities
- 4.8.2. Market size and forecast, by region
- 4.8.3. Market share analysis by country
4.9. Others
- 4.9.1. Key market trends, growth factors and opportunities
- 4.9.2. Market size and forecast, by region
- 4.9.3. Market share analysis by country

CHAPTER 5: DUTY-FREE RETAILING MARKET, BY SALES CHANNEL

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Airports
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Cruise Liners
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Railway Stations
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Border
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Down-Town & Hotel Shop
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country

CHAPTER 6: DUTY-FREE RETAILING MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Product Type
- 6.2.3. Market size and forecast, by Sales Channel
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Key market trends, growth factors and opportunities
  - 6.2.4.1.2. Market size and forecast, by Product Type
  - 6.2.4.1.3. Market size and forecast, by Sales Channel
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Key market trends, growth factors and opportunities
  - 6.2.4.2.2. Market size and forecast, by Product Type
  - 6.2.4.2.3. Market size and forecast, by Sales Channel
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Key market trends, growth factors and opportunities
  - 6.2.4.3.2. Market size and forecast, by Product Type
  - 6.2.4.3.3. Market size and forecast, by Sales Channel
6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Product Type
- 6.3.3. Market size and forecast, by Sales Channel
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Key market trends, growth factors and opportunities
  - 6.3.4.1.2. Market size and forecast, by Product Type
  - 6.3.4.1.3. Market size and forecast, by Sales Channel
  - 6.3.4.2. UK
  - 6.3.4.2.1. Key market trends, growth factors and opportunities
  - 6.3.4.2.2. Market size and forecast, by Product Type
  - 6.3.4.2.3. Market size and forecast, by Sales Channel
  - 6.3.4.3. France
  - 6.3.4.3.1. Key market trends, growth factors and opportunities
  - 6.3.4.3.2. Market size and forecast, by Product Type
  - 6.3.4.3.3. Market size and forecast, by Sales Channel
  - 6.3.4.4. Spain
  - 6.3.4.4.1. Key market trends, growth factors and opportunities
  - 6.3.4.4.2. Market size and forecast, by Product Type
  - 6.3.4.4.3. Market size and forecast, by Sales Channel
  - 6.3.4.5. Italy
  - 6.3.4.5.1. Key market trends, growth factors and opportunities
  - 6.3.4.5.2. Market size and forecast, by Product Type
  - 6.3.4.5.3. Market size and forecast, by Sales Channel
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Key market trends, growth factors and opportunities
  - 6.3.4.6.2. Market size and forecast, by Product Type
  - 6.3.4.6.3. Market size and forecast, by Sales Channel
6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Product Type
- 6.4.3. Market size and forecast, by Sales Channel
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Key market trends, growth factors and opportunities
  - 6.4.4.1.2. Market size and forecast, by Product Type
  - 6.4.4.1.3. Market size and forecast, by Sales Channel
  - 6.4.4.2. Japan
  - 6.4.4.2.1. Key market trends, growth factors and opportunities
  - 6.4.4.2.2. Market size and forecast, by Product Type
  - 6.4.4.2.3. Market size and forecast, by Sales Channel
  - 6.4.4.3. India
  - 6.4.4.3.1. Key market trends, growth factors and opportunities
  - 6.4.4.3.2. Market size and forecast, by Product Type
  - 6.4.4.3.3. Market size and forecast, by Sales Channel
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Key market trends, growth factors and opportunities
  - 6.4.4.4.2. Market size and forecast, by Product Type
  - 6.4.4.4.3. Market size and forecast, by Sales Channel
  - 6.4.4.5. Australia
  - 6.4.4.5.1. Key market trends, growth factors and opportunities
  - 6.4.4.5.2. Market size and forecast, by Product Type
  - 6.4.4.5.3. Market size and forecast, by Sales Channel
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Key market trends, growth factors and opportunities
  - 6.4.4.6.2. Market size and forecast, by Product Type
  - 6.4.4.6.3. Market size and forecast, by Sales Channel
6.5. Latin America
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Product Type
- 6.5.3. Market size and forecast, by Sales Channel
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Key market trends, growth factors and opportunities
  - 6.5.4.1.2. Market size and forecast, by Product Type
  - 6.5.4.1.3. Market size and forecast, by Sales Channel
  - 6.5.4.2. Argentina
  - 6.5.4.2.1. Key market trends, growth factors and opportunities
  - 6.5.4.2.2. Market size and forecast, by Product Type
  - 6.5.4.2.3. Market size and forecast, by Sales Channel
  - 6.5.4.3. Colombia
  - 6.5.4.3.1. Key market trends, growth factors and opportunities
  - 6.5.4.3.2. Market size and forecast, by Product Type
  - 6.5.4.3.3. Market size and forecast, by Sales Channel
  - 6.5.4.4. Rest of LAMEA
  - 6.5.4.4.1. Key market trends, growth factors and opportunities
  - 6.5.4.4.2. Market size and forecast, by Product Type
  - 6.5.4.4.3. Market size and forecast, by Sales Channel
6.6. Middle East
- 6.6.1. Key trends and opportunities
- 6.6.2. Market size and forecast, by Product Type
- 6.6.3. Market size and forecast, by Sales Channel
- 6.6.4. Market size and forecast, by country
  - 6.6.4.1. Saudi Arabia
  - 6.6.4.1.1. Key market trends, growth factors and opportunities
  - 6.6.4.1.2. Market size and forecast, by Product Type
  - 6.6.4.1.3. Market size and forecast, by Sales Channel
  - 6.6.4.2. United Arab Emirates
  - 6.6.4.2.1. Key market trends, growth factors and opportunities
  - 6.6.4.2.2. Market size and forecast, by Product Type
  - 6.6.4.2.3. Market size and forecast, by Sales Channel
  - 6.6.4.3. Kuwait
  - 6.6.4.3.1. Key market trends, growth factors and opportunities
  - 6.6.4.3.2. Market size and forecast, by Product Type
  - 6.6.4.3.3. Market size and forecast, by Sales Channel
  - 6.6.4.4. Rest Of Middle East
  - 6.6.4.4.1. Key market trends, growth factors and opportunities
  - 6.6.4.4.2. Market size and forecast, by Product Type
  - 6.6.4.4.3. Market size and forecast, by Sales Channel

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021

CHAPTER 8: COMPANY PROFILES

8.1. Dufry AG
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
8.2. Lotte Duty Free
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
8.3. The Shilla Duty Free
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
8.4. China Duty Free Group Co.,Ltd.
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
8.5. Lagardere Travel Retail
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
8.6. Duty Free Americas
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
8.7. DFS Group
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
8.8. KING POWER International
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
8.9. Dubai Duty Free
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
8.10. Gebr. Heinemann SE & Co. KG
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot