Duty-free shops (or stores) are retail outlets that are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country. Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component.
Based on product category, duty-Free retailing sales market are mainly classified into the following types: Fashion & Luxury Goods, Cosmetics & Personal Care Products, Wine and Spirits, Tobacco, Confectionery, Fine Foods, etc. Cosmetics & Personal Care Products occupied the most market share, of about 34.61% Global market share in 2017.
In 2018, the global Duty-free Retailing market size was 39600 million US$ and it is expected to reach 69600 million US$ by the end of 2025, with a CAGR of 7.3% during 2019-2025.
This report focuses on the global Duty-free Retailing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Duty-free Retailing development in United States, Europe and China.
The key players covered in this study
Dufry
Lagardère Travel Retail
Lotte Duty Free
LVMH
Aer Rianta International (ARI)
China Duty Free Group
Dubai Duty Free
Duty Free Americas
Gebr. Heinemann
JR/Group (James Richardson)
King Power International Group (Thailand)
The Shilla Duty Free
Market segment by Type, the product can be split into
Fashion & Luxury Goods
Cosmetics & Personal Care Products
Wine and Spirits
Tobacco
Confectionery & Food Stuff
Others
Market segment by Application, split into
Airports
Airlines
Cruise Liners, Ferries, and Seaports
Train Stations
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Duty-free Retailing status, future forecast, growth opportunity, key market and key players.
To present the Duty-free Retailing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Duty-free Retailing are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Duty-free Retailing. Industry analysis & Market Report on Duty-free Retailing is a syndicated market report, published as Global Duty-free Retailing Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Duty-free Retailing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.