Duty-free and Travel Retail Market by Product Type, Distribution Channel, End User 2024-2032
                     Global Duty-free and 
Travel Retail Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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thorough market  assessment ,  feas ib i l i ty  s tudies,  company incorporat ion ass is tance,  fac tory  setup 
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compet i tors,  and opt imiz ing procurement  s t rategies.
A cc o r d i ng  to  t h e  l a t e s t  r e p o r t  b y  I M A R C  G r o up ,  t i t l ed  " D u t y - f r e e  a n d  T r a v e l  R e t a i l  
Ma r k e t :  G l o b a l  In d u s t r y  T r e n d s ,  S h a r e ,  S i ze ,  G r o w t h ,  O p p o r t u n i ty  a n d  F o r e c a s t  
20 2 4 - 2 03 2 , "  t h e  g l ob a l  d u t y - f re e  a n d  t r a v e l  r e t a i l  m a r ke t  s i z e  r e a ch e d  U S $  4 0 . 4  B i l l i o n  
i n  2 0 2 3 .
D u t y - f re e  a n d  t r a ve l  r e ta i l  r e f e r  t o  a  u n i q ue  s ho p p i n g  e x p e r i e n c e  a va i l a b l e  t o  t r a v e l e rs  
Report a t  a i r p o r t s ,  s e ap o r t s ,  an d  i n t e r na t i o n a l  bo r d e r  c r o s s i n gs .  T he s e  r e t a i l  o u t l e t s  p r o v i d e  a  
w i de  r a n g e  o f  g o od s ,  i n c l u d i n g  l u xu r y  i t e ms ,  e l e c t r o n i c s ,  c o s me t i c s ,  a l c o h o l ,  t o b a c c o ,  
an d  c o n f e c t i o ne r y .  D u t y - f r e e  r e f e r s  t o  t h e  e x e mp t i o n  o f  ce r t a i n  t a x es  a n d  d u t i e s  
Highlight and i mp o s e d  b y  t h e  d e s t i n a t i o n  c ou n t r y ,  m a k i n g  t h e  p r o d u c t s  a v a i l a b l e  a t  a  l o w e r  p r i c e  
co m p a re d  t o  t h e  d om e s t i c  m a r ke t .  
Description T ra v e l  r e t a i l ,  on  t h e  o t h e r  h an d ,  e n c o m pa s s e s  a  b r o a d e r  c o nc e p t  t h a t  i n c l u d es  b o t h  du t y - f r ee  s h o p s  an d  d u t y - p a i d  r e t a i l  ou t l e t s .  T h i s  a l l o w s  t r a v e l e r s  t o  c h o o s e  f r o m a  
w i de r  s e l e c t i o n  o f  p r o du c t s ,  c a t e r i n g  t o  v a r i o u s  b u d g e t s  a n d  p r e f e r e n c e s .  A s  a  r e s u l t ,  
du t y - f r ee  a nd  t ra v e l  r e t a i l  g e n e r a t e  s i g n i f i c an t  re v e n u e  f o r  t he  t r a v e l ,  t o u r i s m ,  av i a t i o n ,  
an d  m a r i t i m e  i n d u s t r i e s .
R eq u e s t  f o r  a  P D F  sa m p l e  o f  t h i s  re p o r t :  
h t t p s : / /w w w . i ma r c g r o u p . co m / d u t y - f r ee - t r av e l - r e ta i l - m a r k e t / r eq u e s ts a m p l e
Report Description
G lo b a l  D u t y - f r e e  a n d  T r a v e l  R e t a i l  M a r k e t  T r e n d s :
T h e  s i g n i f i c a n t  g r o w t h  i n  t h e  t o u r i s m  i n d u s t r y  i s  d r i v i n g  t h e  g l o b a l  m a r k e t .  M o r e o v e r ,  t h e  i n c r e a s i n g  d e m a n d  f o r  l u x u r y  a n d  h i g h - e n d  
p r o d u c t s ,  i n c l u d i n g  c o s m e t i c s ,  f r a g r a n c e s ,  a n d  a l c o h o l  a m o n g  t h e  m a s s e s  i s  c a t a l y z i n g  t h e  g r o w t h  o f  t h e  m a r k e t .  I n  l i n e  w i t h  t h i s ,  d u t y -
f r e e  a n d  t r a v e l  r e t a i l  o u t l e t s  p r o v i d e  a  d i s t i n c t i v e  s h o p p i n g  e n v i r o n m e n t  w i t h  a  w i d e  r a n g e  o f  p r o d u c t s ,  i n c l u d i n g  l u x u r y  b r a n d s  a n d  
e x c l u s i v e  i t e m s ,  t o  t h e  c o n s u m e r s ,  w h i c h  i s  p r o v i d i n g  a  b o o s t  t o  t h e  m a r k e t .  M o r e o v e r ,  g r o w i n g  c o l l a b o r a t i o n s  b e t w e e n  d u t y - f r e e  a n d  r e t a i l  
t r a v e l  o p e r a t o r s  a n d  t r a v e l  s e r v i c e  p r o v i d e r s ,  s u c h  a s  h o t e l s ,  a i r l i n e s ,  a n d  t o u r  o p e r a t o r s  a r e  f u e l l i n g  t h e  o v e r a l l  m a r k e t  a s  i t  o f f e r s  
i n t e g r a t e d  s h o p p i n g  e x p e r i e n c e s ,  s u c h  a s  p r e - o r d e r  s e r v i c e s ,  i n - f l i g h t  s h o p p i n g  c a t a l o g s ,  a n d  l o y a l t y  p r o g r a m s ,  c r e a t i n g  a  s e a m l e s s  
j o u r n e y  f o r  t r a v e l e r s  a n d  d r i v i n g  e n g a g e m e n t  w i t h  d u t y - f r e e  s h o p p i n g .  A p a r t  f r o m  t h i s ,  t h e  g o v e r n m e n t s  o f  s e v e r a l  c o u n t r i e s  a r e  p r o m o t i n g  
i n t e r n a t i o n a l  t o u r i s m  w h i c h  i n  t u r n  i s  s u p p o r t i n g  t h e  m a r k e t .  F u r t h e r m o r e ,  t h e  i n t r o d u c t i o n  o f  t o u c h  s c r e e n s  a n d  i n t e r a c t i v e  r e t a i l  k i o s k s ,  
w h i c h  o f f e r s  s e a m l e s s  o r d e r i n g  a n d  p a y m e n t  s o l u t i o n s ,  i s  p r o v i d i n g  a n  i m p e t u s  t o  t h e  d e m a n d .  B e s i d e s ,  t h e  w i d e s p r e a d  a d o p t i o n  o f  n e w  
m a r k e t i n g  s t r a t e g i e s  b y  b r a n d s ,  s u c h  a s  l a u n c h i n g  e x c l u s i v e  a n d  l i m i t e d  p r o d u c t s  a n d  p a r t n e r s h i p s  w i t h  p r o m i n e n t  d i s t r i b u t i o n  c h a i n s ,  i s  
p r o p e l l i n g  t h e  m a r k e t .  O t h e r  f a c t o r s ,  i n c l u d i n g  i n f l a t i n g  d i s p o s a b l e  i n c o m e  l e v e l s  o f  t h e  m a s s e s ,  e m e r g i n g  t r e n d s  o f  d i g i t a l i z a t i o n  i n  
r e t a i l i n g  p r o c e s s e s ,  i n c r e a s i n g  c o n s u m e r  a w a r e n e s s ,  a n d  t h e  i n t r o d u c t i o n  o f  p r e - o r d e r i n g  a p p l i c a t i o n s ,  a r e  i m p a c t i n g  t h e  m a r k e t  f a v o r a b l y .
L o o k in g  f o r w a r d ,  t h e  m a r k e t  i s  a n t i c i p a t e d  t o  r e a c h  a  v a lu e  o f  U S $  7 5 . 8  B i l l i o n  b y  2 0 3 2 ,  e x h i b i t i n g  a  g r o w t h  r a t e  ( C A G R )  o f  
7 . 1 %  d u r in g  2 0 2 4 - 2 0 3 2 .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / d u t y - f r e e - t r a v e l - r e t a i l - m a r k e t
Breakup by Product Type:
• Beauty and Personal Care
• Wines and Spir i ts
• Tobacco
• Eatables
• Fashion Accessor ies and Hard Luxury
Report • Others
Segmentation Breakup by Distribution Channel:
• Airports
• Air l ines
• Ferr ies
• Others
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
Report 
Segmentation
• Aer Rianta International
• China Duty Free Group Co. Ltd.
• Dubai Duty Free
• Dufry
Competitive 
• Duty Free Americas Inc.
Landscape • Gebr. Heinemann SE & Co. KG
with Key • James Richardson Group
• King Power International
Players
• Lagardère Travel Retai l
• Lotte Duty Free
• Sinsegae Duty Free
• The Shi l la Duty Free
What was the size of the global duty-free and travel 
retail market in 2023?
What is the expected growth rate of the global duty-
free and travel retail market during 2024-2032?
What are the key factors driving the global duty-free 
Key and travel retail market?
Questions What has been the impact of COVID-19 on the global 
duty-free and travel retail market?
Answered in 
What is the breakup of the global duty-free and travel 
the Report retail market based on the product type?
What is the breakup of the global duty-free and travel 
retail market based on the distribution channel?
What are the key regions in the global duty-free and 
travel retail market?
Who are the key players/companies in the global duty-
free and travel retail market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  D u t y - f r e e  a n d  T r a v e l  R e t a i l  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  P r o d u c t  T y p e
    6 . 1     B e a u t y  a n d  P e r s o n a l  C a r e
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     W i n e s  a n d  S p i r i t s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     T o b a c c o
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     E a t a b l e s
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
    6 . 5     F a s h i o n  A c c e s s o r i e s  a n d  H a r d  L u x u r y
        6 . 5 . 1  M a r k e t  T r e n d s
        6 . 5 . 2  M a r k e t  F o r e c a s t
    6 . 6     O t h e r s
        6 . 6 . 1  M a r k e t  T r e n d s
        6 . 6 . 2  M a r k e t  F o r e c a s t
7     M a r k e t  B r e a k u p  b y  D i s t r i b u t i o n  C h a n n e l
    7 . 1     A i r p o r t s
        7 . 1 . 1  M a r k e t  T r e n d s
Table of         7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     A i r l i n e s
        7 . 2 . 1  M a r k e t  T r e n d s
Contents         7 . 2 . 2  M a r k e t  F o r e c a s t    7 . 3     F e r r i e s
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     O t h e r s
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
8     M a r k e t  B r e a k u p  b y  R e g i o n
    8 . 1     N o r t h  A m e r i c a
        8 . 1 . 1  U n i t e d  S t a t e s
           8 . 1 . 1 . 1  M a r k e t  T r e n d s
           8 . 1 . 1 . 2  M a r k e t  F o r e c a s t
        8 . 1 . 2  C a n a d a
           8 . 1 . 2 . 1  M a r k e t  T r e n d s
           8 . 1 . 2 . 2  M a r k e t  F o r e c a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / d u t y - f ree - t r a v e l - re t a i l - m a r ke t / t o c
Partial List of Clients
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