Uploaded on Jul 4, 2024
According to the latest research report by IMARC Group, The global travel retail market size reached US$ 61.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 109.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.55% during 2024-2032. More Info:- https://www.imarcgroup.com/travel-retail-market
Travel Retail Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32
Global Travel Retail Market Research and Forecast Report 2024- 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Acco r d ing t o t he l a t es t r ep o r t by I M A RC G r ou p , t i t l ed "T rav e l Re t a i l M ark e t : G l o ba l I ndu st ry T r ends , Sh are , S i z e , G row t h , O pp or t un i t y and For ecas t 20 24 - 2032 , " t he g loba l t r a ve l r e t a i l m a r k e t s iz e r e ache d US$ 61 . 0 B i l l i o n i n 2 023 . T r av e l r e t a i l r e f e r s t o t he sa le s o f good s a nd se r v i ce s t o i n t e r na t io na l t r ave le r s Report du r in g t r ans i t . T he t r ade i s gene r a l l y con duc t ed i n t r ave l env i r onm e n t s , i nc lu d ing sea po r t s o r a i r po r t s , wh e r e cus t om er s r e qu i r e p r oo f o f t r a ve l t o ac ces s t he com m er c ia l a r e a . I t i s a l so condu c t ed i n ho t e l s , bo r de r sh ip s , i n t e r na t i on a l a i r c r a f t , Highlight and c r u i ses , f e r r i e s , a nd o t he r m ar i ne ve sse l s on i n t e r na t i on a l wa t e r s . T r av e l r e t a i l usua l l y r equ i r e s t h e p u r ch ase r t o spen d a m in im um am oun t o f t im e Description ou t s ide t he c oun t r y and t he r e t a i l shop s acce p t pay m en t s i nc lu s i ve o f t he l oc a l a nd na t i ona l t a xes an d exc i se du t i es . S om e o f t h e com m on ly ava i l ab le p r o duc t s t h r ou gh t r av e l r e t a i l i nc lu de pe r f u m es , f ash ion acce sso r ies , p r em ium a l coho ls , f o od a nd bev er ages , be au t y pe r so na l ca r e p r od uc t s , t ob acco , and e lec t r on ic s . Reque st f o r a P DF s ampl e o f t h i s repor t : h t t p s : / / www. im ar c g r ou p . com / t r ave l - r e t a i l - m ar ke t / r eques t sam p le Report Description Global T ravel Reta i l Market T rends: One o f t he p r imary f ac to rs d r i v ing the marke t i s t he rap id ly expand ing t rave l and tou r i sm indus t r y wor ldwide . T rave l re ta i l genera t es v i t a l r evenues f o r na t iona l av ia t ion , t r ave l and t our i sm indus t r ies and i s now t he la rges t con t r ibu t o r t o non -aeronaut i ca l i ncome. Bes ides t h is , t he r i s ing p re fe rences o f i n te rna t iona l t rave le rs fo r p remium w ines and sp i r i t s a re ca ta lyz ing t he marke t g rowt h . Fu r t he rmore , t he expand ing e- commerce t rave l r e ta i l so lu t ions have enab led re ta i le rs t o o f f e r t he i r p roduc ts t h rough webs i tes and smar t phone app l i ca t ions , mak ing i t conven ien t f o r cus tomers to p re-orde r p roduc t s and co l lec t t hem on ar r i va l . Apar t f r om th is , cons t an t t echno log ica l advancement s , such as t he advent o f t ouch sc reens and in te rac t i ve re t a i l k iosks , a re s t reng t hen ing the marke t g rowt h . O the r g rowt h- induc ing fac to rs inc lude the imp lement a t ion o f f avorab le gove rnmen t po l i c i es t o p romote in te rna t iona l t our i sm in deve lop ing na t ions , t he r i s ing m i l l enn ia l popu la t ion , r ap id u rban iza t i on , and chang ing l i f es t y les . Look ing f o rward , I MARC Group expec t s the marke t va lue to r each US$ 109 .8 B i l l i on by 2032, expand ing a t a CAGR o f 6 . 55% dur ing the fo recas t pe r i od (2024-2032) . Vi ew Report TOC, F igures and Tab les : h t tps: / / www. i marcgroup .com/ t rave l - re ta i l -market Breakup by Product Type: • Perfume and Cosmet ics • Wine and Spir i t • Electronics • Luxury Goods • Food, Confect ionery and Cater ing • Tobacco Report • Others Segmentation Breakup by Sector: • Duty-Free • Duty Paid Breakup by Distribution Channel: • Airports • Cruise Liner • Rai lway Stat ion • Border, Downtown and Hotel Shop Breakup by Region: • North America Report • Asia-Pacifi c Segmentation • Europe • Latin America • Middle East and Afr ica • Aer Rianta International • China Duty Free Group Co. Ltd. • Dufry AG Competitive • Duty Free Americas Inc Landscape • Heinemann SE & Co. KG with Key • KING POWER International • Lagardère S.A Players • Lotte Hotels & Resorts (Lotte Corporat ion) • LVMH Moët Hennessy Louis Vuitton • The Shi l la Duty Free (Hotel Shi l la Co. Ltd.) What was the size of the global travel retail market in 2023? What is the expected growth rate of the global travel retail market during 2024-2032? What are the key factors driving the global travel retail market? Key What has been the impact of COVID-19 on the global travel retail market? Questions What is the breakup of the global travel retail market based Answered in on the product type? the Report What is the breakup of the global travel retail market based on the sector? What is the breakup of the global travel retail market based on distribution channel? What are the key regions in the global travel retail market? Who are the key players/companies in the global 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 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 P e r f u m e a n d C o s m e t i c s 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 a n d S p i r i t 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 E l e c t r o n i c s 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 L u x u r y G o o d 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 o o d , C o n f e c t i o n e r y a n d C a t e r i n g 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 T o b a c c o 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 6 . 7 O t h e r s 6 . 7 . 1 M a r k e t T r e n d s Table of 6 . 7 . 2 M a r k e t F o r e c a s t7 M a r k e t B r e a k u p b y S e c t o r 7 . 1 D u t y - F r e e 7 . 1 . 1 M a r k e t T r e n d s Contents 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 D u t y P a i d 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 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 D i s t r i b u t i o n C h a n n e l 8 . 1 A i r p o r t s 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 C r u i s e L i n e r 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 8 . 3 R a i l w a y S t a t i o n 8 . 3 . 1 M a r k e t T r e n d s 8 . 3 . 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 : ht t ps : / /w ww. i ma rc gro up . c o m / t ra ve l - re t a i l -ma rke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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