Duty-Free Retailing Global Market Report 2024

Global Duty-Free Retailing Market Report 2024

Duty-Free Retailing Global Market Report 2024 – By Product Type (Perfume And Cosmetics, Electronics, Wine And Spirits, Food, Confectionery And Catering, Tobacco, Luxury Goods, Other Types), By Ownership (Corporate Chains, Independent Owners, Franchises), By Sales Channel (Airports, Cruise Liners, Railway Stations, Border, Down-Town And Hotel Shop) – Market Size, Trends, And Global Forecast 2024-2033

Name: Duty-Free Retailing Global Market Report 2024
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Duty-Free Retailing Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Duty-Free Retailing Market Definition

Duty-free retailing refers to the sale of goods to international travelers at locations such as airports, cruise terminals, and border crossings, where products are exempt from local taxes and duties. This allows travelers to purchase items such as electronics, and luxury goods at reduced prices compared to regular retail outlets, enhancing their shopping experience with savings and a diverse range of international brands.

The main types of products in duty-free retailing are perfume and cosmetics, electronics, wine and spirits, food, confectionery and catering, tobacco, luxury goods, and other types. Perfume and cosmetics refer to products such as fragrances, skincare items, makeup, and beauty accessories sold without taxes at international travel hubs. The ownership is from corporate chains, independent owners, and franchises. The various sales channels include airports, cruise lines, railway stations, borders, downtown, and hotel shops.

Duty-Free Retailing Market Segmentation

The duty-free retailing market covered in this report is segmented –

1) By Product Type: Perfume And Cosmetics, Electronics, Wine And Spirits, Food, Confectionery And Catering, Tobacco, Luxury Goods, Other Types

2) By Ownership: Corporate Chains, Independent Owners, Franchises

3) By Sales Channel: Airports, Cruise Liners, Railway Stations, Border, Down-Town And Hotel Shop

Global Duty-Free Retailing Market Size 2023 to 2028: Graph

Duty-Free Retailing Market Size 2024 And Growth Rate

The duty-free retailing market size has grown strongly in recent years. It will grow from $37.09 billion in 2023 to $40.32 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to the expanding middle-class demographic globally, increased air travel connectivity, streamlined customs, and immigration procedures at airports, integration of local culture and heritage into duty-free offerings, and robust security measures and safety protocols.

Duty-Free Retailing Market Growth Forecast

The duty-free retailing market size is expected to see strong growth in the next few years. It will grow to $56.54 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing numbers of international travelers, higher disposable incomes worldwide, favorable currency exchange rates, well-designed airport layouts, changes in consumer demographics, such as an aging population or increasing millennial travelers, and consumer demand for exclusive and limited edition products. Major trends in the forecast period include the development and expansion of airports globally, investments in technology and customer service improvements, adoption of digital technologies and online platforms, technological advancements in payment systems, and integration of omnichannel retailing strategies.

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Duty-Free Retailing Market Driver: Surge In International Travel Drives Growth In Duty-Free Retailing Market

The surge in the international travel and tourism industry is expected to propel the growth of the duty-free retailing market going forward. The international travel and tourism industry is growing due to increased global connectivity, rising disposable incomes, and a growing desire for unique travel experiences. Duty-free retailing leverages international travel and tourism by offering tax-free goods at airports and border locations, attracting travelers seeking lower prices. For instance, in January 2024, according to UN Tourism, a Spain-based intergovernmental organization, international tourism receipts reached USD 1.4 trillion in 2023, recovering to approximately 93% of pre-pandemic levels from 2019. The projections indicate that international tourism will not only fully recover by 2024 but will also surpass pre-pandemic levels by 2%. Therefore, the surge in the international travel and tourism industry is driving the growth of the duty-free retailing market.

Global Duty-Free Retailing Market Major Players

Major companies operating in the duty-free retailing market are Qatar Airways, Lotte Corp., Lagardere SA, Avolta AG, SHINSEGAE INTERNATIONAL, China International Travel Service Co. LTD., Hyundai Department Store Group Co. Ltd., Gebr. Heinemann SE and Co. KG, Dubai Duty-Free, James Richardson Group, Duty-Free Americas Inc., DFS Group Ltd., Japan Airport Terminal Co. Ltd., Changi Airport Group Singapore Pte. Ltd., Duty Free Philippines Corp., 3Sixty Duty Free, Ever Rich Duty Free Shop, Flemingo International, King Power Group, Delhi Duty-Free Services Pvt. Ltd., Mumbai Duty-Free, The Shilla Duty free

Global Duty-Free Retailing Market Trend: Integration Of Advanced Technologies In Duty-Free Retailing

Major companies operating in the duty-free retailing market are investing in advanced technologies such as seamless entry and exit systems in their stores to stay ahead of the competition. These systems allow customers to enter, shop, and leave without needing to go through manual checkouts. The technology utilizes sensors, cameras, and AI to track items and automatically process payments, making the shopping experience more convenient and efficient. For instance, in April 2021, Hudson Group, a US-based travel retailer, announced the introduction of its Hudson Nonstop concept at Chicago Midway International Airport (MDW). This innovative store, powered by Amazon's Just Walk Out technology, enables travelers to shop without waiting in checkout lines. Customers can simply use their credit card to enter the store, pick up a variety of travel essentials such as snacks, electronics, and wellness items, and then leave.

Duty-Free Retailing Market Merger And Acquisition: Ospree International Acquires Le Marche Duty-Free to Expand Market Presence

In March 2024, Ospree International FZCO, a UAE-based duty-free retail company, acquired a 100% stake in Le Marche Duty-Free SAS (LMDF) for €5000 ($5,532). This strategic acquisition aims to bolster the company's presence and growth within the duty-free industry. Le Marche Duty-Free SAS (LMDF) is a France-based company that operates duty-free businesses.

Regional Outlook For The Global Duty-Free Retailing Market

Asia-Pacific was the largest region in the duty-free retailing market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the duty-free retailing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the duty-free retailing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The duty-free retailing market consists of revenues earned by entities by providing services such as tax-free shopping experiences, travel retail consultancy, and customer support at international airports and border crossings. The market value includes the value of related goods sold by the service provider or included within the service offering. The duty-free retailing market also includes sales of fashion apparel, watches, jewelry, and health and wellness products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The duty-free retailing market research report is one of a series of new reports from The Business Research Company that provides duty-free retailing market statistics, including duty-free retailing industry global market size, regional shares, competitors with a duty-free retailing market share, detailed duty-free retailing market segments, market trends and opportunities, and any further data you may need to thrive in the duty-free retailing industry. This duty-free retailing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Duty-Free Retailing Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$40.32 billion
Revenue Forecast In 2033	$56.54 billion
Growth Rate	CAGR of 8.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product Type: Perfume And Cosmetics, Electronics, Wine And Spirits, Food, Confectionery And Catering, Tobacco, Luxury Goods, Other Types 2) By Ownership: Corporate Chains, Independent Owners, Franchises 3) By Sales Channel: Airports, Cruise Liners, Railway Stations, Border, Down-Town And Hotel Shop
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Qatar Airways, Lotte Corp., Lagardere SA, Avolta AG, SHINSEGAE INTERNATIONAL, China International Travel Service Co. LTD., Hyundai Department Store Group Co. Ltd., Gebr. Heinemann SE and Co. KG, Dubai Duty-Free, James Richardson Group, Duty-Free Americas Inc., DFS Group Ltd., Japan Airport Terminal Co. Ltd., Changi Airport Group Singapore Pte. Ltd., Duty Free Philippines Corp., 3Sixty Duty Free, Ever Rich Duty Free Shop, Flemingo International, King Power Group, Delhi Duty-Free Services Pvt. Ltd., Mumbai Duty-Free, The Shilla Duty free
Customization Scope	Request for Sample
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1. Executive Summary

2. Duty-Free Retailing Market Characteristics

3. Duty-Free Retailing Market Trends And Strategies

4. Duty-Free Retailing Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Duty-Free Retailing Market Size and Growth

5.1. Global Duty-Free Retailing Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Duty-Free Retailing Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Duty-Free Retailing Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Duty-Free Retailing Market Segmentation

6.1. Global Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Perfume And Cosmetics

Electronics

Wine And Spirits

Food

Confectionery And Catering

Tobacco

Luxury Goods

Other Types

6.2. Global Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Corporate Chains

Independent Owners

Franchises

6.3. Global Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Airports

Cruise Liners

Railway Stations

Border

Down-Town And Hotel Shop

7. Duty-Free Retailing Market Regional And Country Analysis

7.1. Global Duty-Free Retailing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Duty-Free Retailing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Duty-Free Retailing Market

8.1. Asia-Pacific Duty-Free Retailing Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Duty-Free Retailing Market

9.1. China Duty-Free Retailing Market Overview

9.2. China Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Duty-Free Retailing Market

10.1. India Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Duty-Free Retailing Market

11.1. Japan Duty-Free Retailing Market Overview

11.2. Japan Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Duty-Free Retailing Market

12.1. Australia Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Duty-Free Retailing Market

13.1. Indonesia Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Duty-Free Retailing Market

14.1. South Korea Duty-Free Retailing Market Overview

14.2. South Korea Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Duty-Free Retailing Market

15.1. Western Europe Duty-Free Retailing Market Overview

15.2. Western Europe Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Duty-Free Retailing Market

16.1. UK Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Duty-Free Retailing Market

17.1. Germany Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Duty-Free Retailing Market

18.1. France Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Duty-Free Retailing Market

19.1. Italy Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Duty-Free Retailing Market

20.1. Spain Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Duty-Free Retailing Market

21.1. Eastern Europe Duty-Free Retailing Market Overview

21.2. Eastern Europe Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Duty-Free Retailing Market

22.1. Russia Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Duty-Free Retailing Market

23.1. North America Duty-Free Retailing Market Overview

23.2. North America Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Duty-Free Retailing Market

24.1. USA Duty-Free Retailing Market Overview

24.2. USA Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Duty-Free Retailing Market

25.1. Canada Duty-Free Retailing Market Overview

25.2. Canada Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Duty-Free Retailing Market

26.1. South America Duty-Free Retailing Market Overview

26.2. South America Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Duty-Free Retailing Market

27.1. Brazil Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Duty-Free Retailing Market

28.1. Middle East Duty-Free Retailing Market Overview

28.2. Middle East Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Duty-Free Retailing Market

29.1. Africa Duty-Free Retailing Market Overview

29.2. Africa Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Duty-Free Retailing Market Competitive Landscape And Company Profiles

30.1. Duty-Free Retailing Market Competitive Landscape

30.2. Duty-Free Retailing Market Company Profiles

30.2.1. Qatar Airways

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Lotte Corp.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Lagardere SA

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Avolta AG

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. SHINSEGAE INTERNATIONAL

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Duty-Free Retailing Market Other Major And Innovative Companies

31.1. China International Travel Service Co. LTD.

31.2. Hyundai Department Store Group Co. Ltd.

31.3. Gebr. Heinemann SE and Co. KG

31.4. Dubai Duty-Free

31.5. James Richardson Group

31.6. Duty-Free Americas Inc.

31.7. DFS Group Ltd.

31.8. Japan Airport Terminal Co. Ltd.

31.9. Changi Airport Group Singapore Pte. Ltd.

31.10. Duty Free Philippines Corp.

31.11. 3Sixty Duty Free

31.12. Ever Rich Duty Free Shop

31.13. Flemingo International

31.14. King Power Group

31.15. Delhi Duty-Free Services Pvt. Ltd.

32. Global Duty-Free Retailing Market Competitive Benchmarking

33. Global Duty-Free Retailing Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Duty-Free Retailing Market

35. Duty-Free Retailing Market Future Outlook and Potential Analysis

35.1 Duty-Free Retailing Market In 2028 - Countries Offering Most New Opportunities

35.2 Duty-Free Retailing Market In 2028 - Segments Offering Most New Opportunities

35.3 Duty-Free Retailing Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Duty-Free Retailing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Duty-Free Retailing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Qatar Airways Financial Performance

Table 75: Lotte Corp. Financial Performance

Table 76: Lagardere SA Financial Performance

Table 77: Avolta AG Financial Performance

Table 78: SHINSEGAE INTERNATIONAL Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Duty-Free Retailing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Duty-Free Retailing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Duty-Free Retailing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Duty-Free Retailing Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Duty-Free Retailing Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Qatar Airways Financial Performance

Figure 75: Lotte Corp. Financial Performance

Figure 76: Lagardere SA Financial Performance

Figure 77: Avolta AG Financial Performance

Figure 78: SHINSEGAE INTERNATIONAL Financial Performance

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Frequently Asked Questions

What is the definition of the duty-free retailing market?

How will the duty-free retailing market drivers and restraints affect the duty-free retailing market dynamics? What forces will shape the duty-free retailing industry going forward?

The duty-free retailing market major growth driver - Surge In International Travel Drives Growth In Duty-Free Retailing Market. For further insights on the duty-free retailing market, request a sample here

What is the forecast market size or the forecast market value of the duty-free retailing market?

The duty-free retailing market size has grown strongly in recent years. It will grow from $37.09 billion in 2023 to $40.32 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to the expanding middle-class demographic globally, increased air travel connectivity, streamlined customs, and immigration procedures at airports, integration of local culture and heritage into duty-free offerings, and robust security measures and safety protocols. The duty-free retailing market size is expected to see strong growth in the next few years. It will grow to $56.54 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing numbers of international travelers, higher disposable incomes worldwide, favorable currency exchange rates, well-designed airport layouts, changes in consumer demographics, such as an aging population or increasing millennial travelers, and consumer demand for exclusive and limited edition products. Major trends in the forecast period include the development and expansion of airports globally, investments in technology and customer service improvements, adoption of digital technologies and online platforms, technological advancements in payment systems, and integration of omnichannel retailing strategies. For further insights on the duty-free retailing market, request a sample here

How is the duty-free retailing market segmented?

The duty-free retailing market is segmented
1) By Product Type: Perfume And Cosmetics, Electronics, Wine And Spirits, Food, Confectionery And Catering, Tobacco, Luxury Goods, Other Types
2) By Ownership: Corporate Chains, Independent Owners, Franchises
3) By Sales Channel: Airports, Cruise Liners, Railway Stations, Border, Down-Town And Hotel ShopFor further insights on the duty-free retailing market, request a sample here

Which region has the largest share of the duty-free retailing market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the duty-free retailing market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the duty-free retailing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the duty-free retailing market, request a sample here.

Who are the major players in the duty-free retailing market?

What are the key trends in the duty-free retailing market?

Major trend in the duty-free retailing market - Integration Of Advanced Technologies In Duty-Free Retailing. For further insights on the duty-free retailing market, request a sample here.

What are the major opportunities in the duty-free retailing market? What are the strategies for the duty-free retailing market?

For detailed insights on the major opportunities and strategies in the duty-free retailing market, request a sample here.

How does the duty-free retailing market relate to the overall economy and other similar markets?

For detailed insights on duty-free retailing market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the duty-free retailing industry?

For detailed insights on the mergers and acquisitions in the duty-free retailing industry, request a sample here.

What are the key dynamics influencing the duty-free retailing market growth? SWOT analysis of the duty-free retailing market.

For detailed insights on the key dynamics influencing the duty-free retailing market growth and SWOT analysis of the duty-free retailing industry, request a sample here.