PUBLISHER: IMARC | PRODUCT CODE: 1561515
PUBLISHER: IMARC | PRODUCT CODE: 1561515
Airport Retailing Market Report by Product, Airport Size Distribution Channel, and Region 2024-2032
The global airport retailing market size reached US$ 26.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 67.0 Billion by 2032, exhibiting a growth rate (CAGR) of 10.7% during 2024-2032.
Airport retailing includes services like hotels, nursing homes, car rental outlets, exchange offices, banks, and drugstores. It also comprises books and magazines, gifts and crafts, jewelry, clothing and accessories, optics, and souvenirs stores. Besides this, it assists in providing convenience to people traveling by delivering a variety of merchandise. As it also aids in generating brand awareness, airport retailing is finding extensive application in airports across the globe.
Airport Retailing Market Trends:
The flourishing travel and tourism industry on account of rising bleisure travel represents one of the key factors strengthening the growth of the market. Apart from this, a significant increase in the time spent by passengers at airports due to early check-in times for security and operational concerns has positively influenced the demand for airport retailing worldwide. This can also be attributed to the surging disposable incomes and changing lifestyles of individuals around the world. Furthermore, as retail stores at airports are duty-free, which is exempted payment of local or national taxes, they allow travelers to purchase available products at a relatively cheaper rate. This, in confluence with numerous initiates undertaken by brands to customize their offering and improve the overall shopping experience of travelers, is creating a favorable market outlook. Moreover, brands are engaging in extensive research activities to collect data related to location, flight schedules, and the number of passengers in the flight. These activities assist brands in keeping check of warehouses, adopting price skimming strategies, and conducting promotional activities to meet the preferences of the customer base. Additionally, the market is projected to impel on account of the rising trend of bringing souvenirs while traveling.
Airport Retailing Market Trends:
The flourishing travel and tourism industry on account of rising bleisure travel represents one of the key factors strengthening the growth of the market. Apart from this, a significant increase in the time spent by passengers at airports due to early check-in times for security and operational concerns has positively influenced the demand for airport retailing worldwide. This can also be attributed to the surging disposable incomes and changing lifestyles of individuals around the world. Furthermore, as retail stores at airports are duty-free, which is exempted payment of local or national taxes, they allow travelers to purchase available products at a relatively cheaper rate. This, in confluence with numerous initiates undertaken by brands to customize their offering and improve the overall shopping experience of travelers, is creating a favorable market outlook. Moreover, brands are engaging in extensive research activities to collect data related to location, flight schedules, and the number of passengers in the flight. These activities assist brands in keeping check of warehouses, adopting price skimming strategies, and conducting promotional activities to meet the preferences of the customer base. Additionally, the market is projected to impel on account of the rising trend of bringing souvenirs while traveling.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global airport retailing market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, airport size and distribution channel.
Breakup by Product:
- Liquor and Tobacco
- Perfumes and Cosmetics
- Fashion and Accessories
- Food and Beverages
- Others
Breakup by Airport Size:
- Large Airport
- Medium Airport
- Small Airport
Breakup by Distribution Channel:
- Direct Retailers
- Convenience Stores
- Specialty Retailers
- Departmental Stores
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Airport Retail Group LLC, Autogrill S.p.A., China Duty Free Group Co. Ltd. (China International Travel Service Co. Ltd.), DFS Group Ltd. (LVMH Moet Hennessy Louis Vuitton), Dubai Duty Free, Dufry AG, Duty Free Americas Inc., Flemingo International Ltd., Gebr. Heinemann SE & Co. KG, Japan Airport Terminal Co. Ltd., KING POWER International and Lagardere Travel Retail (Lagardere Group).
Key Questions Answered in This Report:
- How has the global airport retailing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global airport retailing market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the airport size?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global airport retailing market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Airport Retailing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Liquor and Tobacco
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Perfumes and Cosmetics
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Fashion and Accessories
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Food and Beverages
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Airport Size
- 7.1 Large Airport
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Medium Airport
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Small Airport
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Direct Retailers
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Convenience Stores
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Specialty Retailers
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Departmental Stores
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Airport Retail Group LLC
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Autogrill S.p.A.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 China Duty Free Group Co. Ltd. (China International Travel Service Co. Ltd.)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 DFS Group Ltd. (LVMH Moet Hennessy Louis Vuitton)
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Dubai Duty Free
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Dufry AG
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Duty Free Americas Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Flemingo International Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Gebr. Heinemann SE & Co. KG
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Japan Airport Terminal Co. Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11 KING POWER International
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Lagardere Travel Retail (Lagardere Group)
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.1 Airport Retail Group LLC
List of Figures
- Figure 1: Global: Airport Retailing Market: Major Drivers and Challenges
- Figure 2: Global: Airport Retailing Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Airport Retailing Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Airport Retailing Market: Breakup by Product (in %), 2023
- Figure 5: Global: Airport Retailing Market: Breakup by Airport Size (in %), 2023
- Figure 6: Global: Airport Retailing Market: Breakup by Distribution Channel (in %), 2023
- Figure 7: Global: Airport Retailing Market: Breakup by Region (in %), 2023
- Figure 8: Global: Airport Retailing (Liquor and Tobacco) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Airport Retailing (Liquor and Tobacco) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Airport Retailing (Perfumes and Cosmetics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Airport Retailing (Perfumes and Cosmetics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Airport Retailing (Fashion and Accessories) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Airport Retailing (Fashion and Accessories) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Airport Retailing (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Airport Retailing (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Airport Retailing (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Airport Retailing (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Airport Retailing (Large Airport) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Airport Retailing (Large Airport) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Airport Retailing (Medium Airport) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Airport Retailing (Medium Airport) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Airport Retailing (Small Airport) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Airport Retailing (Small Airport) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Airport Retailing (Direct Retailers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Airport Retailing (Direct Retailers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Airport Retailing (Convenience Stores) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Airport Retailing (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Airport Retailing (Specialty Retailers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Airport Retailing (Specialty Retailers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Airport Retailing (Departmental Stores) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Airport Retailing (Departmental Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: North America: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: North America: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: United States: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: United States: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Canada: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Canada: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Asia-Pacific: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Asia-Pacific: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: China: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: China: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Japan: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Japan: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: India: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: India: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: South Korea: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: South Korea: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Australia: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Australia: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Indonesia: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Indonesia: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Others: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Others: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Europe: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Europe: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Germany: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Germany: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: France: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: France: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: United Kingdom: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: United Kingdom: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Italy: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Italy: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Spain: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Spain: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Russia: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Russia: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Others: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Others: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Latin America: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Latin America: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Brazil: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Brazil: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Mexico: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Mexico: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Others: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Others: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Middle East and Africa: Airport Retailing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Middle East and Africa: Airport Retailing Market: Breakup by Country (in %), 2023
- Figure 80: Middle East and Africa: Airport Retailing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Global: Airport Retailing Industry: SWOT Analysis
- Figure 82: Global: Airport Retailing Industry: Value Chain Analysis
- Figure 83: Global: Airport Retailing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Airport Retailing Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Airport Retailing Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Airport Retailing Market Forecast: Breakup by Airport Size (in Million US$), 2024-2032
- Table 4: Global: Airport Retailing Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
- Table 5: Global: Airport Retailing Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Airport Retailing Market: Competitive Structure
- Table 7: Global: Airport Retailing Market: Key Players
