Global Duty Free Retailing, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

$4950

Duty free channel has produced notable growth over the last five years; however, it was far below its potential as the market was largely impacted by recession and the European crisis. Over the next five years, the market is expected to expand at a faster rate mainly driven by increasing number of international travelers, supported by growth of low cost airlines and new air routes across the world, modernization of airports, and new duty free retail space. In addition, organic growth in Asia-Pacific duty free market on the back of high Chinese spending and expansion of duty free retail space will contribute to the global sales.

Scope

• Global will register CAGR of 6.7% during 2015–2020 with Asia-Pacific contributing to majority of the sales

• South Korea is the largest market globally and will retain its position growing at a CAGR of 9.6%

• India will be the fastest growing market at 20.7% during 2015–2020, followed by Japan, which will enter top 10 largest market list at the seventh position in 2020

• Cosmetic and toiletries was the largest category in 2015 and is set to witness a CAGR of 7.9% during the next five years, driven by demand for Korean cosmetics, introduction of specialized concepts promoting higher customer engagement

Reasons to Buy

Get immediate access to:

Get reliable duty free retail sales data on 50 countries worldwide for 2015 with forecasts for 2020, and identify the largest and fastest-growing markets to inform market expansion and to manage risk

Explore an in-depth analysis of duty free retail sales data by country and categories to spot and target key categories in each country, and use to plan growth opportunities and develop strategies for each

Learn from duty free retail trends and market drivers to customize your entry/expansion approach depending on the duty free retail landscape

Make country level comparisons to effectively target new revenue streams and align marketing strategies with the crucial trends influencing duty free spending in the region

Choose partners , understand the competition, with data and analysis of major duty free operators in the region, including market shares, trading performance, locations, latest developments, and the outlook for each

DFS Group
Lotte Duty Free
The Shilla Duty Free
Ever Rich Group
Sunrise Duty Free
China Duty Free group
Dufry
Gebr. Heinemann
Aelia Duty Free
Dubai Duty Free

Table of Contents

Executive Summary

Highlights key findings and trends across the globe with top level analysis of regional duty free market 2010, 2015 and

2020.

Global Duty Free Retailing

Global duty free retailing – The market

Drivers and Inhibitors

Duty free retail sales by country and category 2015 & 2020

Duty free retail sales by region 2015 & 2020

Regional summary

Global duty free retailing – Trends

Global trends

Retail innovations

Global duty free retailing – Market drivers

Inbound tourism data by each country

Consumer trends

Snippets of key duty free trends

New airports will increase duty free retail space in coming years

Chinese travelers to drive global duty free sales; however, growth to slow down amid economic uncertainty

Expansion of low cost airlines resulting in increased travel

Budget travelers driving demand for accessible price points

Digital duty free gaining popularity among travelers

Cruise and in-flight retail offer high growth potential for duty operators

Duty free growth in key markets is marred by terrorism, and economic and political instability

Other key info

Global duty free retailing – Major operators

Global and regional market share of major duty free operators

Five years revenue and company information for each of the major operators

Five years market share for each of the major operators and their recent key events

Five year trading update for each of the major duty free operators across the globe

Outlook

Table

N/A

Figures

Figure: 1 Global duty free retail sales 2010, 2015, and 2020 in US$ bn

Figure: 2 Market share in 2015 global duty free sales (%)

Figure: 3 Market share in 2020 global duty free sales (%)

Figure: 4 Top 10 fastest-growing duty free markets

Figure: 5-7 Largest duty free markets across the globe

Figure: 8 Size of the top 20 duty free markets in 2020 and growth rates CAGR

Figure: 9 Share of each region in global duty free sales, 2010, 2015, and 2020

Figure: 10-11 Global duty free category sales* 2015 & 2020

Figure: 12-13 Duty free category sales* globally, 2010, 2015, and 2020

Figure: 14-15 Duty free category sales in the Americas, 2010, 2015, and 2020

Figure: 16-17 Duty free category sales in Europe, 2010, 2015, and 2020

Figure: 18-19 Duty free category sales in Asia–Pacific, 2010, 2015, and 2020

Figure: 20-21 Duty free category sales in the Middle East and Africa, 2010, 2015, and 2020

Figure: 22 Projected growth in international travelers

Figure: 23 Global Airport Development, 2015

Figure: 24 Chinese outbound expenditure (2015–2020)

Figure: 25 International Tourist Arrivals (in million)

Figure: 26 Top 20 largest markets* by international arrivals (in millions)

Figure: 27 Top 20 fastest-growing markets by international arrivals, 2014–2015 (%)

Figure: 28-47 International arrivals by country to France (in millions)

Figure: 48 On average, how much time do you spend per visit at a duty free airport retail outlet?

Figure: 49 In the last year, how many times have you traveled by air?

Figure: 50-51 How much did you spend on each type of product per visit?

Figure: 52 Global market share of leading players

Figure: 53 Dufry global duty free sales, 2011–2015 & annual growth

Figure: 54 Dufry global market share, 2011–2015

Figure: 55 Dufry duty free sales in the Americas, 2011–2015 & annual growth

Figure: 56 Dufry market share in the Americas, 2011–2015

Figure: 57 Dufry duty free sales in Europe, 2011–2015 & annual growth

Figure: 58 Dufry market share in Europe, 2011–2015

Figure: 59 Dufry duty free sales in Asia-Pacific, 2011–2015 & annual growth

Figure: 60 Dufry market share in Asia-Pacific, 2011–2015

Figure: 61 Dufry duty free sales in the Middle East and Africa, 2011–2015 & annual growth

Figure: 62 Dufry market share in Middle East and Africa, 2011–2015

Figure: 63 Dufry trading record (SFr million), 2011–2015

Figure: 64 Dufry trading record (US$ million), 2011–2015

Figure: 65 Dufry pro-forma (US$ million), 2011–2015

Figure: 66 Dufry sales by category in 2015 (%) and change in share 2011 vs. 2015

Figure: 67 DFS global duty free sales, 2011–2015 & annual growth

Figure: 68 DFS global market share, 2011–2015

Figure: 69 DFS duty free sales in the Americas, 2011–2015 & annual growth

Figure: 70 DFS market share in the Americas, 2011–2015

Figure: 71 DFS duty free sales in Asia-Pacific, 2011–2015 & annual growth

Figure: 72 DFS market share in Asia-Pacific, 2011–2015

Figure: 73 DFS duty free sales in the Middle-East and Africa, 2011–2015 & annual growth

Figure: 74 DFS market share in the Middle-East and Africa, 2011–2015

Figure: 75 DFS trading record (€ m), 2011–15

Figure: 76 DFS trading record (US$ m), 2011–15

Figure: 77 Lotte Duty Free global sales, 2011–2015 & annual growth

Figure: 78 Lotte Duty Free global market share, 2011–2015

Figure: 79 Lotte Duty Free duty free sales in Asia-Pacific, 2011–2015 & annual growth

Figure: 80 Lotte Duty Free market share in Asia-Pacific, 2011–2015

Figure: 81 Lotte Duty Free trading record (US$ million), 2011–2015

Figure: 82 Gebr. Heinemann duty free global sales, 2011–2015 & annual growth

Figure: 83 Gebr. Heinemann global market share, 2011–2015

Figure: 84 Gebr. Heinemann duty free sales in the Europe, 2011–2015 & annual growth

Figure: 85 Gebr. Heinemann market share in the Europe, 2011–2015

Figure: 86 Gebr. Heinemann trading record, 2011–2015

Figure: 87 Gebr. Heinemann sales by channel and category in 2015 (%)

Figure: 88 The Shilla Duty Free global sales, 2011–2015 & annual growth

Figure: 89 The Shilla Duty Free global market share, 2011–2015

Figure: 90 The Shilla Duty Free sales in Asia-Pacific, 2011–2015 & annual growth

Figure: 91 The Shilla Duty Free market share in Asia-Pacific, 2011–2015

Figure: 92 The Shilla Duty Free trading record (US$ million), 2011–2015

Figure: 93 Dubai Duty Free global duty free sales, 2011–2015 & annual growth

Figure: 94 Dubai Duty Free global market share, 2011–2015

Figure: 95 Dubai Duty Free sales in the Middle-East and Africa, 2011–2015 & annual growth

Figure: 96 Dubai Duty Free market share in the Middle-East and Africa, 2011–2015

Figure: 97 Dubai Duty Free trading record (US$ million), 2011–2015

Figure: 98 Dubai Duty Free sales by category in 2015 and change in share 2011 vs. 2015

Figure: 99 Ever Rich Group global duty free sales, 2011–2015 & annual growth

Figure: 100 Ever Rich Group global market share, 2011–2015

Figure: 101 Ever Rich Group sales in Asia-Pacific, 2011–2015 & annual growth

Figure: 102 Ever Rich Group market share in Asia-Pacific, 2011–2015

Figure: 103 Ever Rich Group trading record (US$ million), 2011–2015

Figure: 104 Sunrise Duty Free global duty free sales, 2011–2015 & annual growth

Figure: 105 Sunrise Duty Free global market share, 2011–2015

Figure: 106 Sunrise Duty Free sales in Asia-Pacific, 2011–2015 & annual growth

Figure: 107 Sunrise Duty Free market share in Asia-Pacific, 2011–2015

Figure: 108 Sunrise Duty Free trading record (US$ million), 2011–2015

Figure: 109 Aelia Group (LS Travel Retail) global duty free sales, 2011–2015 & annual growth

Figure: 110 Aelia Group (LS Travel Retail) global market share, 2011–2015

Figure: 111 Aelia Group (LS Travel Retail) duty free sales in Europe, 2011–2015 & annual growth

Figure: 112 Aelia Group (LS Travel Retail) market share in Europe, 2011–2015

Figure: 113 Aelia Group (LS Travel Retail) trading record (€ m), 2011–2015

Figure: 114 Aelia Group (LS Travel Retail) trading record (US$ m), 2011–2015

Figure: 115 LS Travel retail sales by category in 2015 (%) and change in share 2011 vs. 2015

Figure: 116 China Duty Free Group global duty free sales, 2011–2015 & annual growth

Figure: 117 China Duty Free Group global market share, 2011–2015

Figure: 118 China Duty Free Group duty free sales in Asia–Pacific, 2011–2015 & annual growth

Figure: 119 China Duty Free Group market share in Asia–Pacific, 2011–2015

Figure: 120 China Duty Free Group trading record (US$ million), 2011–2015

Frequently asked questions

Global Duty Free Retailing, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape thematic reports
Currency USD
$4,950

Can be used by individual purchaser only

$14,850

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Global Duty Free Retailing, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape in real time.

  • Access a live Global Duty Free Retailing, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.