Travel Retail Market by Product (Confectionary & Fine Food, Electronics, Fashion & Accessories), Purchase Type (Duty Free, Duty Paid), Channel - Global Forecast 2024-2030

Travel Retail Market by Product (Confectionary & Fine Food, Electronics, Fashion & Accessories), Purchase Type (Duty Free, Duty Paid), Channel - Global Forecast 2024-2030


The Travel Retail Market size was estimated at USD 95.84 billion in 2023 and expected to reach USD 102.29 billion in 2024, at a CAGR 7.31% to reach USD 157.06 billion by 2030.

Global Travel Retail Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Travel Retail Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Travel Retail Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Travel Retail Market, highlighting leading vendors and their innovative profiles. These include Aer Rianta International, ALFA Brands Inc., Bahrain Duty Free, China Duty Free Group Co., Ltd., Dubai Duty Free, Dufry AG, Duty Free Americas, Inc., Flemingo International Ltd., Gebr. Heinemann SE & Co. KG, Hyundai Department Store Duty Free, Inflyter, King Power Group, Lagardère Travel Retail SAS, Le Bridge Corporation Limited, Lotte Corporation, LVMH Möet Hennessy Louis Vuitton S.E., Mumbai Duty Free, Przedsiębiorstwo Handlu Zagranicznego Baltona S.A., Qatar Duty Free Company W.L.L., Samsung Electronics Co. Ltd., Shilla Travel Retail Pte Ltd., Shinsegae DF, The James Richardson Group, Tobacco Plains Duty Free Shop, and WH Smith PLC.

Market Segmentation & Coverage

This research report categorizes the Travel Retail Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Confectionary & Fine Food
Electronics
Fashion & Accessories
Fragrances & Cosmetics
Luxury Goods
Tobacco
Wine & Spirits
Purchase Type
Duty Free
Duty Paid
Channel
Airports & Airlines
Border Stores
Cruise Lines
Diplomatic Stores
Ferries
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Travel Retail Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Travel Retail Market?
3. What are the technology trends and regulatory frameworks in the Travel Retail Market?
4. What is the market share of the leading vendors in the Travel Retail Market?
5. Which modes and strategic moves are suitable for entering the Travel Retail Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Travel Retail Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increase tourism and travel activities around the world
5.1.1.2. Rapid growth in urbanization coupled with increasing disposable income income
5.1.1.3. Rising number of brand outlets on airports offering tax-free goods
5.1.2. Restraints
5.1.2.1. Unorganized local market and high cost of overseas goods
5.1.3. Opportunities
5.1.3.1. Emergence of eCommerce services and digital payment options in travel retail
5.1.3.2. Ongoing efforts of several brands and duty-free stores to launch limited or
exclusive products
5.1.4. Challenges
5.1.4.1. Stringent airline rules for carrying limited luggage and ban imposed on travelers
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Travel Retail Market, by Product
6.1. Introduction
6.2. Confectionary & Fine Food
6.3. Electronics
6.4. Fashion & Accessories
6.5. Fragrances & Cosmetics
6.6. Luxury Goods
6.7. Tobacco
6.8. Wine & Spirits
7. Travel Retail Market, by Purchase Type
7.1. Introduction
7.2. Duty Free
7.3. Duty Paid
8. Travel Retail Market, by Channel
8.1. Introduction
8.2. Airports & Airlines
8.3. Border Stores
8.4. Cruise Lines
8.5. Diplomatic Stores
8.6. Ferries
9. Americas Travel Retail Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Travel Retail Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Travel Retail Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Aer Rianta International
13.1.2. ALFA Brands Inc.
13.1.3. Bahrain Duty Free
13.1.4. China Duty Free Group Co., Ltd.
13.1.5. Dubai Duty Free
13.1.6. Dufry AG
13.1.7. Duty Free Americas, Inc.
13.1.8. Flemingo International Ltd.
13.1.9. Gebr. Heinemann SE & Co. KG
13.1.10. Hyundai Department Store Duty Free
13.1.11. Inflyter
13.1.12. King Power Group
13.1.13. Lagardère Travel Retail SAS
13.1.14. Le Bridge Corporation Limited
13.1.15. Lotte Corporation
13.1.16. LVMH Möet Hennessy Louis Vuitton S.E.
13.1.17. Mumbai Duty Free
13.1.18. Przedsiębiorstwo Handlu Zagranicznego Baltona S.A.
13.1.19. Qatar Duty Free Company W.L.L.
13.1.20. Samsung Electronics Co. Ltd.
13.1.21. Shilla Travel Retail Pte Ltd.
13.1.22. Shinsegae DF
13.1.23. The James Richardson Group
13.1.24. Tobacco Plains Duty Free Shop
13.1.25. WH Smith PLC
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. TRAVEL RETAIL MARKET RESEARCH PROCESS
FIGURE 2. TRAVEL RETAIL MARKET SIZE, 2023 VS 2030
FIGURE 3. TRAVEL RETAIL MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. TRAVEL RETAIL MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. TRAVEL RETAIL MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. TRAVEL RETAIL MARKET DYNAMICS
FIGURE 7. TRAVEL RETAIL MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. TRAVEL RETAIL MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. TRAVEL RETAIL MARKET SIZE, BY PURCHASE TYPE, 2023 VS 2030 (%)
FIGURE 10. TRAVEL RETAIL MARKET SIZE, BY PURCHASE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. TRAVEL RETAIL MARKET SIZE, BY CHANNEL, 2023 VS 2030 (%)
FIGURE 12. TRAVEL RETAIL MARKET SIZE, BY CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS TRAVEL RETAIL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS TRAVEL RETAIL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES TRAVEL RETAIL MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES TRAVEL RETAIL MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC TRAVEL RETAIL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC TRAVEL RETAIL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA TRAVEL RETAIL MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA TRAVEL RETAIL MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. TRAVEL RETAIL MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. TRAVEL RETAIL MARKET SHARE, BY KEY PLAYER, 2023

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