Global Travel Retail Market Research Report Information By Product Type, By Demographic, By Sales Channel, By Category And By Region

Description

List of Tables

Global Travel Retail Market Research Report Information By Product Type (Fragrances and Cosmetics, Food, Confectionery & Catering, Wine and Spirits, Fashion & Accessories, Tobacco Products, Others), By Demographic (Millennials, Middle-Age, and Seniors), By Sales Channel (Airports & Airline Shops, Cruise Lines, Border Downtown & Hotel Shops), By Category (Standard and Luxury) And By Region (North America, Europe, Asia-Pacific, Middle East, and Africa, South America) - Forecast Till 2030

Market Synopsis

The travel and retail sector are expected to grow at a compound annual growth rate (CAGR) of 10.8% over the course of the forecast.

Because of the rising number of both domestic and foreign passengers, the travel retail market is expected to grow significantly in the years to come. Travel retail is the selling of goods and services to tourists in places like airports, rail stations, cruise terminals, and border stores. Duty-free shopping is becoming more and more popular due in large part to the changing nature of travel. Travelers today are seeking meaningful experiences rather than just getting from point A to point B. Duty-free shops have expanded their services beyond just selling products in response to this demand. In addition, there are several reasons why duty-free shopping is becoming more and more popular in the travel retail market. The transformation of duty-free stores into immersive places, the introduction of premium brands, convenience, inclusion, e-commerce integration, airline collaborations, and environmental initiatives have all combined to change the perception and allure of duty-free purchase.

Market Segmentation

Based on product classification, the travel retail market is segmented into categories that include food and catering, wine and spirits, apparel and accessories, fragrances and cosmetics, and tobacco goods.

The Travel Retail Market is divided into three demographic segments: middle-aged people, millennials, and seniors.

Based on sales channels, the Travel Retail Market segmentation includes cruise lines, airports and airline stores, border downtown, and hotel shops. There are two types in the market: standard and luxury. There are regional insights provided.

Regional Analysis

Due to the rapidly growing tourist industry in the region, the Asia Pacific Travel Retail market is expected to grow at a compound annual growth rate (CAGR) of 10.3% in 2022, with the greatest market share of 65.0%. Due to its unique blend of cultures, landscapes, and experiences, the Asia-Pacific area has drawn tourists from all over the world and grown to become a thriving and thriving hub for the travel retail business.

Every year, millions of visitors and travelers rely on the dynamic and ever-evolving North American travel retail business to enhance their trip experience. This market is broad and includes a variety of goods and services, including duty-free stores at airports and cruise terminals, in-flight sales, and retail travel stores located on land.

Between 2022 and 2030, the Europa Travel Retail market is projected to grow at a compound annual growth rate (CAGR) of 12.7%. A dynamic industry that is vital to the continent's economy is the retail travel market in Europe. The major shifts and difficulties this industry has faced have had a profound impact on both the retail scene and the larger European economy. One of the most notable findings of the analysis is the significant economic impact made by the European travel retail sector.

The retail travel industry in Asia-Pacific is one that is growing and changing quickly. Due to its unique blend of cultures, landscapes, and experiences, the Asia-Pacific area has drawn tourists from all over the world and grown to become a thriving and thriving hub for the travel retail business. From the bustling airports of Beijing to the tropical paradises of Bali, Asia-Pacific offers a broad range of purchasing options that are likely to appeal to the preferences and tastes of global visitors. One of the main drivers propelling the travel retail market is the Asia-Pacific region's rapidly growing tourism industry.

Principal Players

Among the leading businesses in the travel retail sector are Heinemann SE & Co. KG (Germany), Dufry AG (Switzerland), Lagardere (France), DFS Group Ltd (Hong Kong), Lotte Duty Free (France), The Shilla Duty Free (Singapore), Aer Rianta International (Ireland), China Tourism Group (China), King Power Corporation (Thailand), Ever Rich (Taiwan), and Duty Free Americas (US).

Product Code: MRFR/CR/10294-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 RISING NUMBER OF INTERNATIONAL AND DOMESTIC TRAVELLERS
- 4.2.2 GROWING POPULARITY OF DUTY-FREE SHOPPING
4.3 RESTRAINTS
- 4.3.1 CHANGES IN TRAVEL REGULATIONS
4.4 OPPORTUNITIES
- 4.4.1 EXPANSION OF EMERGING MARKETS
4.5 IMPACT ANALYSIS OF COVID-19
- 4.5.1 IMPACT ON THE OVERALL TRAVEL RETAIL INDUSTRY
  - 4.5.1.1 ECONOMIC IMPACT
- 4.5.2 IMPACT ON GLOBAL TRAVEL RETAIL MARKET
- 4.5.3 IMPACT ON THE SUPPLY CHAIN OF TRAVEL RETAIL
  - 4.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS
  - 4.5.3.2 PRODUCTION SHUTDOWN
  - 4.5.3.3 CASH FLOW CONSTRAINTS
  - 4.5.3.4 IMPACT ON IMPORT/EXPORT
- 4.5.4 IMPACT ON THE DEMAND OF TRAVEL RETAIL
  - 4.5.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
  - 4.5.4.2 CONSUMER SENTIMENTS
- 4.5.5 IMPACT ON PRICING OF TRAVEL RETAIL

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS
- 5.1.2 PRODUCT MANUFACTURING
- 5.1.3 DISTRIBUTORS
- 5.1.4 END-USERS
5.2 SUPPLY CHAIN ANALYSIS
5.3 RAW MATERIAL PROCUREMENT
5.4 PROCESSING
5.5 PACKAGING
5.6 PORTER'S FIVE FORCES MODEL
- 5.6.1 BARGAINING POWER OF SUPPLIERS
- 5.6.2 BARGAINING POWER OF BUYERS
- 5.6.3 THREAT OF NEW ENTRANTS
- 5.6.4 THREAT OF SUBSTITUTES
- 5.6.5 INTENSITY OF RIVALRY
5.7 REGULATORY LANDSCAPE

6 GLOBAL TRAVEL RETAIL MARKET, BY PRODUCT TYPE

6.1 INTRODUCTION
6.2 FRAGRANCES AND COSMETICS
6.3 FOOD, CONFECTIONERY & CATERING
6.4 WINE AND SPIRITS
6.5 FASHION & ACCESSORIES
- 6.5.1 APPAREL
- 6.5.2 FOOTWEAR
- 6.5.3 SUNGLASSES
- 6.5.4 ACCESSORIES
6.6 TOBACCO PRODUCTS
6.7 OTHERS

7 GLOBAL TRAVEL RETAIL MARKET, BY DEMOGRAPHICS

7.1 INTRODUCTION
7.2 MILLENNIALS
7.3 MIDDLE-AGED
7.4 SENIORS

8 GLOBAL TRAVEL RETAIL MARKET, BY SALES CHANNEL

8.1 INTRODUCTION
8.2 AIRPORTS & AIRLINE SHOPS
8.3 CRUISE LINES
8.4 BORDER DOWNTOWN & HOTEL SHOPS

9 GLOBAL TRAVEL RETAIL MARKET, BY CATEGORY

9.1 INTRODUCTION
9.2 STANDARD
9.3 LUXURY

10 GLOBAL TRAVEL RETAIL MARKET, BY REGION

10.1 OVERVIEW
10.2 NORTH AMERICA
10.3 EUROPE
10.4 ASIA-PACIFIC
10.5 MIDDLE-EAST & AFRICA

11 COMPETITIVE LANDSCAPE

11.1 OVERVIEW
11.2 COMPETITIVE BENCHMARKING
11.3 KEY PLAYERS MARKET SHARE ANALYSIS
11.4 KEY DEVELOPMENT IN THE US PILLOWS MARKET
- 11.4.1 PRODUCT LAUNCH/DEVELOPMENT
- 11.4.2 COLLABORATION
- 11.4.3 PARTNERSHIP
- 11.4.4 AGREEMENT
- 11.4.5 BUSINESS EXPANTION

12 COMPANY PROFILE

12.1 GEBR. HEINEMANN SE & CO. KG
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGY
12.2 DUFRY GROUP
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGY
12.3 LAGARDERE
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGY
12.4 DFS GROUP LTD.
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGY
12.5 LOTTE DUTY FREE
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGIES
12.6 THE SHILLA DUTY FREE
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGIES
12.7 AER RIANTA INTERNATIONAL
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 CHINA TOURISM GROUP
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
12.9 KING POWER CORPORATION
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
12.10 EVER RICH
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS 173S
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGIES
12.11 DUTY FREE AMERICAS
- 12.11.1 COMPANY OVERVIEW
- 12.11.2 FINANCIAL OVERVIEW
- 12.11.3 PRODUCTS OFFERED
- 12.11.4 KEY DEVELOPMENTS
- 12.11.5 SWOT ANALYSIS
- 12.11.6 KEY STRATEGIES