Duty-Free Retail Market Size, Forecasting Share and Scope for 2024-2030

Duty-Free Retail Market was valued at USD 50.74 billion in 2023. Global Duty-Free Retail Market size is estimated to grow at a CAGR of 9.1 % over the forecast period.

Duty-Free Retail Market Overview

Stellar Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Duty-Free Retail Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Duty-Free Retail market, with forecasts outspreading to the year 2030.

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Duty-Free Retail Market Scope and Methodology:

Global Duty-Free Retail market report is an in-depth analysis of the industry, market and key players. The report includes qualitative and quantitative studies of the Duty-Free Retail market and detailed insights and development strategies used by key competitors. The report also includes an in-depth analysis of the main competitors in the market and information about their competitiveness. The study also identifies and analyses key business strategies used by these major market players such as mergers and acquisitions (M&A), mergers, collaborations and agreements.

The research methodology includes a combination of primary research, secondary research and expert panel reviews. . Secondary research includes consulting sources such as press releases, company annual reports and industry surveys. Additionally, industry journals, trade journals, government websites and associations are other valuable sources of accurate information about Duty-Free Retail business growth opportunities in the market.

Market Regional Insights

On the basis of geography, the market is segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. Regions are classified as countries such as United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, South Korea.

Duty-Free Retail Market Segmentation

By Type

Perfumes
Cosmetics
Alcohol
Cigarette
Others

By Sales Channel

Airport
Onboard aircraft
seaport
Train stations
Others

Duty-Free Retail Market Key Players

China Duty-Free Group (China)
Lotte Duty-Free (South Korea)
The Shilla Duty-Free (South Korea)
Dufry AG (Switzerland)
DFS Group (China)
Gebr. Heinemann SE & Co. KG (Germany)
Shinsegae Duty-Free Inc. (South Korea)
The King Power International Group (Thailand)
Lagardère Group (France)
Dubai Duty-Free (UAE)

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Key questions answered in the Duty-Free Retail Market is:

1. What is Duty-Free Retail?
2. What was the Duty-Free Retail market size in 2023?
3. What is the growth rate of the Duty-Free Retail Market?
4. Which are the factors expected to drive the Duty-Free Retail market growth?
5. What is the CAGR at which the Duty-Free Retail market will grow during the forecast period?
6. What are the different segments of the Duty-Free Retail Market?
7. Which is the fastest-growing region in the Duty-Free Retailmarket?
8. What growth strategies are the players considering to increase their presence in Duty-Free Retail?
9. What are the upcoming opportunities and trends for the Duty-Free Retail Market?
10. What are the recent industry trends that can be implemented to generate additional revenue streams for the Duty-Free Retail Market?
11. Who are the leading companies and what are their portfolios in Duty-Free Retail Market?
12. What segments are covered in the Duty-Free Retail Market?
13. Who are the key players in the Duty-Free Retail market?

 

Key Offerings:

1. Past Market Size and Competitive Landscape (2018 to 2022)
2. Past Pricing and price curve by region (2018 to 2022)
3. Market Size, Share, Size & Forecast by Different Segment | 2024−2030
4. Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
5. Market Segmentation – A detailed analysis by segment with their sub-segments and Region
6. Competitive Landscape – Profiles of selected key players by region from a strategic perspective
   • Competitive landscape – Market Leaders, Market Followers, Regional player
   • Competitive benchmarking of key players by region
7. PESTLE Analysis
8. PORTER’s analysis
9. Value chain and supply chain analysis
10. Legal Aspects of Business by Region
11. Lucrative business opportunities with SWOT analysis
12. Recommendations

About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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