PUBLISHER: Lucintel | PRODUCT CODE: 1416422
PUBLISHER: Lucintel | PRODUCT CODE: 1416422
Airport Retailing Consumer Electronic Trends and Forecast
The future of the global airport retailing consumer electronic market looks promising with opportunities in the hypermarket/supermarket and specialty retail store markets. The global airport retailing consumer electronic market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are growing adoption of digital technologies and e-commerce platforms, expansion of duty-free shops and tax-free shopping, and significantly growing travel & tourism industry.
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Airport Retailing Consumer Electronic by Segment
The study includes a forecast for the global airport retailing consumer electronic by product type, airport size, store location, channel, and region.
Airport Retailing Consumer Electronic Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
Airport Retailing Consumer Electronic Market by Airport Size [Shipment Analysis by Value from 2018 to 2030]:
Airport Retailing Consumer Electronic Market by Store Location [Shipment Analysis by Value from 2018 to 2030]:
Airport Retailing Consumer Electronic Market by Channel [Shipment Analysis by Value from 2018 to 2030]:
Airport Retailing Consumer Electronic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Airport Retailing Consumer Electronic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies airport retailing consumer electronic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the airport retailing consumer electronic companies profiled in this report include-
Airport Retailing Consumer Electronic Market Insights
Lucintel forecasts that aero cities will remain the largest segment over the forecast period due to current transition pattern followed by the bulk of high-air-passenger-traffic airports, such as Seoul incheon, Singapore Changi, Dubai International, Shanghai Pudong, and Beijing Capital.
Within this market, hypermarket/supermarket will remain the faster growing segment over the forecast period.
North America will remain the largest region over the forecast period due to rising frequency of tourists and travels, convenient shopping experiences, luxury brands, and personalized services at airports, and growing sale of duty-free products in the United States.
Features of the Global Airport Retailing Consumer Electronic Market
Market Size Estimates: Airport retailing consumer electronic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Airport retailing consumer electronic market size by product type, airport size, store location, channel, and region in terms of value ($B).
Regional Analysis: Airport retailing consumer electronic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, airport sizes, store locations, channels, and regions for the airport retailing consumer electronic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the airport retailing consumer electronic market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the airport retailing consumer electronic market size?
Answer: The global airport retailing consumer electronic market is expected to reach an estimated $3.5 billion by 2030.
Q.2 What is the growth forecast for airport retailing consumer electronic market?
Answer: The global airport retailing consumer electronic market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the airport retailing consumer electronic market?
Answer: The major drivers for this market are growing adoption of digital technologies and e-commerce platforms, expansion of duty-free shops and tax-free shopping, and significantly growing travel & tourism industry.
Q4. What are the major segments for airport retailing consumer electronic market?
Answer: The future of the airport retailing consumer electronic market looks promising with opportunities in the hypermarket/supermarket and specialty retail store markets.
Q5. Who are the key airport retailing consumer electronic market companies?
Answer: Some of the key airport retailing consumer electronic companies are as follows:
Q6. Which airport retailing consumer electronic market segment will be the largest in future?
Answer: Lucintel forecasts that aero cities will remain the largest segment over the forecast period due to current transition pattern followed by the bulk of high-air-passenger-traffic airports, such as Seoul incheon, Singapore Changi, Dubai International, Shanghai Pudong, and Beijing Capital.
Q7. In airport retailing consumer electronic market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising frequency of tourists and travels, convenient shopping experiences, luxury brands, and personalized services at airports, and growing sale of duty-free products in the United States.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.