Travel Retail Market size was valued at US$ 58.77 Bn. in 2022 and the total Global Travel Retail revenue is expected to grow by 9.2% from 2023 to 2029, reaching nearly US$ 108.82 Bn.
Travel Retail Market Overview
Maximize Market Research’s latest report on the Travel Retail Market 2023-2029 is invaluable for understanding market competitors. The report offers an extensive and fundamental analysis of the market, exploring subjective factors that provide crucial business insights. It presents a market overview that covers the value chain structure, geographical analysis, applications, and market size during the forecast period.
Travel Retail Market Report Scope and Research Methodology
The Travel Retail Market report is designed to provide an outlook on market size, considering segments, regional analysis, and industry competition. Utilizing a bottom-up approach, the report estimates and forecasts market growth. It further conducts an in-depth examination of key players in the Travel Retail industry, offering insights into their revenue performance. The report encompasses a comprehensive analysis of the Travel Retail Market at global, regional, and local levels, identifying the factors that hinder, drive, and challenge market growth in the forecast period.
Travel Retail Market Regional Insights
North America dominated the Travel Retail market in 2022 due to the presence of market leaders in the region. Europe and Asia Pacific are fast-growing regions in the Travel Retail market as technological developments are rising in the region.
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Travel Retail Market Segmentation
by Product
Fashion and accessories
Perfume and cosmetics
Electronics
Food
Confectionery products
Bakery products
Catering
Luxury goods
Watches
Jewelry
Wine & spirits
Tobacco
Others
by Sector
Duty-Free
Duty Paid
by Sales Channel
Airport
Cruise Liner
Railway Station and Border
Downtown and Hotel Shop
Travel Retail Market Key Players
1. Dufry Group
2.Lotte Duty-Free
3. The Shilla Duty-Free
4. China Duty-Free Group
5. Lagardére Travel Retail
6. DFS Group
7. Gebr Heinemann
8. Shinsegae Duty-Free
9. King Power International Group (Thailand)
10. Ever Rich Duty-Free Shop
11. Dubai Duty-Free
12. Duty-Free Americas
13. Aer Rianta International
14. WHSmith
15. Japan Airport Terminal Co
16. Starboard Cruise Services
17. Flemingo International
18. 3Sixty Duty-Free
19. Hyundai Duty-Free
20. NAA Retailing
21. Qatar Duty-Free
22. Sky Connection
23. Tallink Group
24. King Power Group (Hong Kong)
25. JR/Duty-Free
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Key questions answered in Travel Retail Market are:
- What is Travel Retail ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Travel Retail Market?
- Which factors are the lucrative opportunities for the Travel Retail market growth?
- Which factors are limiting the scope of the Travel Retail market?
- How is the intervention from regulatory authority shaping the Travel Retail Market?
- What growth strategies are the key players considering to increase their presence in the Travel Retail Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- 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
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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