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Global Duty-Free Retailing Market To Grow At 8.56% CAGR To 2021

Press Release   •   Jan 13, 2017 04:58 EST

About Duty-Free Retailing

Duty-free retailers are those who are exempted from certain local and national taxes and duties because they sell goods to international travelers. However, taxes may be imposed on such goods once the buyer reaches their country of destination or when the value or quantity of those goods exceeds certain limits. Such retailers operate at international airports, border towns, seaports, train stations, and onboard aircraft and ships. These retailers offer products like perfumes, cosmetics, alcohol, cigarettes, chocolates, electronics, and accessories.

Technavios analysts forecast the global duty-free retailing market to grow at a CAGR of 8.56% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global duty-free retailing market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of various consumer products to individual customers at duty-free retail stores globally.

The market is divided into the following segments based on geography:

Americas

APAC

Europe

MEA

Technavio's report, Global Duty-Free Retailing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Dufry

Lagardre

Lotte Shopping

LVMH

Other prominent vendors

Aer Rianta International (ARI)

China Duty Free Group

Dubai Duty Free

Duty Free Americas

Gebr. Heinemann

JR/Group (James Richardson)

King Power International Group (Thailand)

The Shilla Duty Free

Market driver

Premium product offerings and exemption of excise duties

For a full, detailed list, view our report

Market challenge

Lesser focus on shopping at travel points

For a full, detailed list, view our report

Market trend

APAC: Region with the highest growth rate

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Key-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Economic indicators

Global economic indicators

PART 06: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 07: Market segmentation by product category

Global duty-free retailing market by product category

Global duty-free retailing market for fashion, accessories, and hard luxury products

Global duty-free retailing market for cosmetics and perfumes

Global duty-free retailing market for wines and spirits

Global duty-free retailing market for tobacco

Global duty-free retailing market for confectionery and fine foods

Overall comparison of product segments

PART 08: Market segmentation by distribution channel

Global duty-free retailing market by distribution channel

Airports

Border, downtown, and hotel shops

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