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Sector Analysis
Europe Airport Retail Market Trends and Analysis by Region, Sales, Innovations, Tourism and Competitive Landscape and Forecast to 2027
Europe Airport Retailing Market Report Overview The Europe airport retailing market size was valued at $9.8 billion in 2022. Europe continues to retain its position as the second-largest region for airport retailing in 2022 driven by factors such as airport expansions, new service introductions, and the return of travelers post-COVID-19. To maximize sales in these challenging market conditions, airport retailers are exploring new ways to enhance customer experience, such as implementing digitization measures and providing more inspiration to shoppers. Europe...
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Sector Analysis
Asia-Pacific Duty-Free Retail Market by Sector Analysis, Tourism Landscape, Opportunities, Innovations, Key Players and Forecast to 2026
Asia-Pacific (APAC) Duty-Free Retailing Market Overview The APAC duty-free retailing market size was valued at $32.7 billion in 2022. The market is projected to grow at a CAGR of more than 13% during the period 2023-2026, making it the fastest-growing region, ahead of Europe. To cater to the rising demand in the region, many airports in the Asia-Pacific region are expanding and modernizing, giving duty-free stores greater space enabling them to attract more customers. Moreover, the demand for premium and...
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Sector Analysis
Americas Duty-Free Retail Market by Sector Analysis, Tourism Landscape, Opportunities, Innovations, Key Players and Forecast to 2026
Americas Duty-Free Retailing Market Overview The Americas duty-free retailing market size was valued at $3.6 billion in 2022. Growth in the region will be powered by airport expansions, a rise in the number of passengers, improved quality of retail, investments in duty-free formats, and the relaxation of duty-free regulations across various countries. The pent-up demand for travel and shopping will also support growth in the short term. Americas Duty-Free Retailing Market Overview (2022-2026) For more insights on this report, download...
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Sector Analysis
Duty-Free Retail Market Trends and Analysis by Region, Sector, Tourism Landscape, Retail Innovations, Key Players and Forecast to 2026
Access and explore the following trends, opportunities, and market analysis in our ‘Duty-Free Retailing Market’ report: Analyze the global duty-free retailing market by region (Americas, APAC, Europe, and MEA) and country. Identify the key drivers and trends impacting the market. Detailed data on duty-free sales across major countries by sector (cosmetics and toiletries, drinks, jewelry and watches, food, tobacco, accessories, womenswear, communications equipment, menswear, printed media, and others). Explores the tourism and competitive landscape and highlights the key innovations in...
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Sector Analysis
Europe Duty-Free Retail Market by Sector Analysis, Tourism Landscape, Opportunities, Innovations, Key Players and Forecast to 2026
Europe Duty-Free Retailing Market Overview The Europe duty-free retailing market size was valued at $9.5 billion in 2022. The market is projected to grow at a CAGR of more than 21% during the period 2020-2026. Europe experienced a strong revival in air and cruise traffic during 2022. European airports experienced a surge in tourism. This was triggered by the declining Euro making the region more affordable for foreign travelers and by the relaxation of travel restrictions post pandemic. Europe Duty-Free...
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Sector Analysis
Middle East and Africa Duty-Free Retail Market by Sector Analysis, Tourism Landscape, Innovations, Key Players and Forecast to 2026
Middle East and Africa (MEA) Duty-Free Retailing Market Overview The MEA duty-free retailing market size was valued at $3.2 billion in 2022. The market witnessed a significant growth in 2022 mainly driven by the relaxation of COVID-19 restrictions and an increase in consumer confidence to travel. The duty-free market will recover further in the next few years, helped by the expansion of airports, the inauguration of new airport terminals, and significant new retail space. MEA Duty-Free Retailing Market Overview (2022-2026)...
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Sector Analysis
Impact of Coronavirus (COVID-19) on the Global Duty-Free Market – Coronavirus (COVID-19) Hot Topic
This report provides an overview of the Impact of Covid-19 on the global duty free retailing which includes key trends, retailer reactions and post Covid-19 outlook. The global duty-free market is expected to reach US$90.9 billion in 2023 (0.4% of total retail), growing at a CAGR of 8.7% during 2018-2023.
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Sector Analysis
Duty Free Retailing in Asia-Pacific, 2018-2023
Asia-Pacific Duty-Free Retailing, 2018-2023 provides an overview of the duty free retailing in the region which includes key trends, key retail innovations, regional, country and sector analysis along with major duty free retailers in the region and competative land scape APAC is the largest and fastest-growing duty-free market, with sales of US$38.3 billion in 2019, accounting for more than half of the global duty-free channel sales (58.1%).
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Sector Analysis
Duty Free Retailing in Middle East and Africa, 2018-2023
The Middle East & Africa (MEA) registered duty free sales of US$4.1 billion in 2019 and sales are forecast to grow at a CAGR of 4.0% over 2019-2023 to reach US$4.8 billion. UAE is the largest market in the MEA region, with sales of US$2.5 billion in 2019. The market is estimated to grow at a CAGR of 4.3% to US$2.9 billion by 2023, ensuring it retains its position as the largest duty free market in the region. Middle East...
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Sector Analysis
Retail Sales of Duty Free Retailing in South America: Market Size, Growth and Forecast to 2020
Verdict Retail’s, "Retail Sales of Duty Free Retailing in South America: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails sales from 2010 to 2020 taking place at "Duty Free Retailing" for each category at country and segment level. The segment level analytics are provided for the following product categories: (where applicable) Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Health and beauty Home and garden...
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Sector Analysis
Retail Sales of Duty Free Retailing in Middle East & North Africa: Market Size, Growth and Forecast to 2020
Verdict Retail’s, "Retail Sales of Duty Free Retailing in Middle East & North Africa: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails sales from 2010 to 2020 taking place at "Duty Free Retailing" for each category at country and segment level. The segment level analytics are provided for the following product categories: (where applicable) Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Health and beauty...
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Sector Analysis
Retail Sales of Duty Free Retailing in Republic of Ireland: Market Size, Growth and Forecast to 2020
Verdict Retail’s, "Retail Sales of Duty Free Retailing in Republic of Ireland: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retail sales from 2010 to 2020 taking place at "Duty Free Retailing" for each category at segment level. However, delivered wholesale sales are not included. The segment level analytics are provided for the following product categories: Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Health and...
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Sector Analysis
Retail Sales of Duty Free Retailing in Slovak Republic: Market Size, Growth and Forecast to 2020
Verdict Retail’s, "Retail Sales of Duty Free Retailing in Slovak Republic: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retail sales from 2010 to 2020 taking place at "Duty Free Retailing" for each category at segment level. However, delivered wholesale sales are not included. The segment level analytics are provided for the following product categories: Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Health and beauty...
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Sector Analysis
Retail Sales of Duty Free Retailing in BRICS Nations: Market Size, Growth and Forecast to 2020
Verdict Retail’s, "Retail Sales of Duty Free Retailing in BRICS Nations: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails sales from 2010 to 2020 taking place at "Duty Free Retailing" for each category at country and segment level. The segment level analytics are provided for the following product categories: (where applicable) Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Health and beauty Home and garden...
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Sector Analysis
Retail Sales of Duty Free Retailing in Europe: Market Size, Growth and Forecast to 2020
Verdict Retail’s, "Retail Sales of Duty Free Retailing in Europe: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails sales from 2010 to 2020 taking place at "Duty Free Retailing" for each category at country and segment level. The segment level analytics are provided for the following product categories: (where applicable) Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Health and beauty Home and garden products...
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Sector Analysis
Duty Free Retailing in the Americas, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape
The Americas duty-free sales was valued at $1.6 billion in 2020 and the market is set to grow at a CAGR of more than 30% during the forecast period driven by the revival of tourism and travel relaxations. The growth is driven by airport expansion or space refurbishment; rising passenger numbers following the relaxation of lockdown regulations and the mass vaccination rollout; the growing popularity of cruises; the rollout of downtown formats; the improved quality of retail; the investment in...
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Sector Analysis
Duty Free Retailing in Europe, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape
European duty free market declined during 2010-2015 affected by the Eurozone crisis but is expected grow at a faster pace during the next five years. The market has recorded consistent growth in terms of local currency driven by surge in international arrivals and duty free spending from emerging markets travelers, mainly Chinese, who splurge on duty free luxury goods shopping to take advantage of favorable exchange rates. These factors together with expansion of airport retail space, launch of innovative concepts,...
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Sector Analysis
Retail Sales of Duty Free Retailing in Asia-Pacific: Market Size, Growth and Forecast to 2020
Verdict Retail’s, "Retail Sales of Duty Free Retailing in Asia-Pacific: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails sales from 2010 to 2020 taking place at "Duty Free Retailing" for each category at country and segment level. The segment level analytics are provided for the following product categories: (where applicable) Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Health and beauty Home and garden products...
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Sector Analysis
Retail Sales of Duty Free Retailing in North America: Market Size, Growth and Forecast to 2020
Verdict Retail’s, "Retail Sales of Duty Free Retailing in North America: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails sales from 2010 to 2020 taking place at "Duty Free Retailing" for each category at country and segment level. The segment level analytics are provided for the following product categories: (where applicable) Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Health and beauty Home and garden...
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Sector Analysis
Global Retail Sales of Duty Free Retailing: Market Size, Growth and Forecast to 2020
Verdict Retail’s, "Global Retail Sales of Duty Free Retailing: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails sales from 2010 to 2020 taking place at "Duty Free Retailing" for each category at country and segment level. The segment level analytics are provided for the following product categories: (where applicable) Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Health and beauty Home and garden products Music,...
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