Duty Free Retailing Industry Research Report 2024

Duty Free Retailing Industry Research Report 2024


This report studies the Duty-Free Retailing market. 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.
However, some countries impose duty on goods brought into the country, though they had been bought duty-free in another country, or when the value or quantity of such goods exceed an allowed limit. Duty-free shops are often found in the international zone of international airports, sea ports, and train stations but goods can also be bought duty-free on board airplanes and passenger ships. They are not as commonly available for road or train travelers, although several border crossings between the United States and both Canada and Mexico have duty-free shops for car travelers. In some countries, any shop can participate in a reimbursement system, such as Global Blue and Premier Tax Free, wherein a sum equivalent to the tax is paid, but then the goods are presented to customs and the sum reimbursed on exit.

Highlights

The global Duty Free Retailing market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2025 and 2030.
APAC is the largest market with about 61% market share. Europe is follower, accounting for about 18% market share.
The key players are Dufry, Lagardère Travel Retail, Lotte Duty Free, LVMH, Aer Rianta International (ARI), China Duty Free Group, Dubai Duty Free, Duty Free Americas, Gebr. Heinemann, King Power International Group (Thailand), The Shilla Duty Free etc. Top 3 companies occupied about 35% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Duty Free Retailing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Duty Free Retailing.
The Duty Free Retailing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Duty Free Retailing market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Duty Free Retailing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Dufry
Lagardère Travel Retail
Lotte Duty Free
LVMH
Aer Rianta International (ARI)
China Duty Free Group
Dubai Duty Free
Duty Free Americas
Gebr. Heinemann
King Power International Group (Thailand)
The Shilla Duty Free

Product Type Insights

Global markets are presented by Duty Free Retailing type, along with growth forecasts through 2030. Estimates on revenue are based on the price in the supply chain at which the Duty Free Retailing are procured by the companies.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
Duty Free Retailing segment by Type

Cosmetics & Personal Care Products
Alcohol, Wine and Spirits
Tobacco & Cigarettes
Fashion & Luxury Goods
Confectionery & Food Stuff
Others

Application Insights

This report has provided the market size (revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the Duty Free Retailing market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Duty Free Retailing market.
Duty Free Retailing Segment by Application

Airports
Onboard Aircraft
Seaports
Train Stations
Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast revenue for 2030.

North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Duty Free Retailing market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Duty Free Retailing market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Duty Free Retailing and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Duty Free Retailing industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Duty Free Retailing.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Duty Free Retailing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Duty Free Retailing by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030)
1.2.2 Cosmetics & Personal Care Products
1.2.3 Alcohol, Wine and Spirits
1.2.4 Tobacco & Cigarettes
1.2.5 Fashion & Luxury Goods
1.2.6 Confectionery & Food Stuff
1.2.7 Others
2.3 Duty Free Retailing by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030)
2.3.2 Airports
2.3.3 Onboard Aircraft
2.3.4 Seaports
2.3.5 Train Stations
2.3.6 Others
2.4 Assumptions and Limitations
3 Duty Free Retailing Breakdown Data by Type
3.1 Global Duty Free Retailing Historic Market Size by Type (2019-2024)
3.2 Global Duty Free Retailing Forecasted Market Size by Type (2025-2030)
4 Duty Free Retailing Breakdown Data by Application
4.1 Global Duty Free Retailing Historic Market Size by Application (2019-2024)
4.2 Global Duty Free Retailing Forecasted Market Size by Application (2019-2024)
5 Global Growth Trends
5.1 Global Duty Free Retailing Market Perspective (2019-2030)
5.2 Global Duty Free Retailing Growth Trends by Region
5.2.1 Global Duty Free Retailing Market Size by Region: 2019 VS 2023 VS 2030
5.2.2 Duty Free Retailing Historic Market Size by Region (2019-2024)
5.2.3 Duty Free Retailing Forecasted Market Size by Region (2025-2030)
5.3 Duty Free Retailing Market Dynamics
5.3.1 Duty Free Retailing Industry Trends
5.3.2 Duty Free Retailing Market Drivers
5.3.3 Duty Free Retailing Market Challenges
5.3.4 Duty Free Retailing Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Duty Free Retailing Players by Revenue
6.1.1 Global Top Duty Free Retailing Players by Revenue (2019-2024)
6.1.2 Global Duty Free Retailing Revenue Market Share by Players (2019-2024)
6.2 Global Duty Free Retailing Industry Players Ranking, 2022 VS 2023 VS 2024
6.3 Global Key Players of Duty Free Retailing Head office and Area Served
6.4 Global Duty Free Retailing Players, Product Type & Application
6.5 Global Duty Free Retailing Players, Date of Enter into This Industry
6.6 Global Duty Free Retailing Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Duty Free Retailing Market Size (2019-2030)
7.2 North America Duty Free Retailing Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 North America Duty Free Retailing Market Size by Country (2019-2024)
7.4 North America Duty Free Retailing Market Size by Country (2025-2030)
7.5 United States
7.6 Canada
8 Europe
8.1 Europe Duty Free Retailing Market Size (2019-2030)
8.2 Europe Duty Free Retailing Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Europe Duty Free Retailing Market Size by Country (2019-2024)
8.4 Europe Duty Free Retailing Market Size by Country (2025-2030)
7.4 Germany
7.5 France
7.6 U.K.
7.7 Italy
7.8 Russia
7.9 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Duty Free Retailing Market Size (2019-2030)
9.2 Asia-Pacific Duty Free Retailing Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Asia-Pacific Duty Free Retailing Market Size by Country (2019-2024)
9.4 Asia-Pacific Duty Free Retailing Market Size by Country (2025-2030)
8.4 China
8.5 Japan
8.6 South Korea
8.7 Southeast Asia
8.8 India
8.9 Australia
10 Latin America
10.1 Latin America Duty Free Retailing Market Size (2019-2030)
10.2 Latin America Duty Free Retailing Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Latin America Duty Free Retailing Market Size by Country (2019-2024)
10.4 Latin America Duty Free Retailing Market Size by Country (2025-2030)
9.4 Mexico
9.5 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Duty Free Retailing Market Size (2019-2030)
11.2 Middle East & Africa Duty Free Retailing Market Growth Rate by Country: 2019 VS 2023 VS 2030
11.3 Middle East & Africa Duty Free Retailing Market Size by Country (2019-2024)
11.4 Middle East & Africa Duty Free Retailing Market Size by Country (2025-2030)
10.4 Turkey
10.5 Saudi Arabia
10.6 UAE
12 Players Profiled
11.1 Dufry
11.1.1 Dufry Company Detail
11.1.2 Dufry Business Overview
11.1.3 Dufry Duty Free Retailing Introduction
11.1.4 Dufry Revenue in Duty Free Retailing Business (2017-2022)
11.1.5 Dufry Recent Development
11.2 Lagardère Travel Retail
11.2.1 Lagardère Travel Retail Company Detail
11.2.2 Lagardère Travel Retail Business Overview
11.2.3 Lagardère Travel Retail Duty Free Retailing Introduction
11.2.4 Lagardère Travel Retail Revenue in Duty Free Retailing Business (2017-2022)
11.2.5 Lagardère Travel Retail Recent Development
11.3 Lotte Duty Free
11.3.1 Lotte Duty Free Company Detail
11.3.2 Lotte Duty Free Business Overview
11.3.3 Lotte Duty Free Duty Free Retailing Introduction
11.3.4 Lotte Duty Free Revenue in Duty Free Retailing Business (2017-2022)
11.3.5 Lotte Duty Free Recent Development
11.4 LVMH
11.4.1 LVMH Company Detail
11.4.2 LVMH Business Overview
11.4.3 LVMH Duty Free Retailing Introduction
11.4.4 LVMH Revenue in Duty Free Retailing Business (2017-2022)
11.4.5 LVMH Recent Development
11.5 Aer Rianta International (ARI)
11.5.1 Aer Rianta International (ARI) Company Detail
11.5.2 Aer Rianta International (ARI) Business Overview
11.5.3 Aer Rianta International (ARI) Duty Free Retailing Introduction
11.5.4 Aer Rianta International (ARI) Revenue in Duty Free Retailing Business (2017-2022)
11.5.5 Aer Rianta International (ARI) Recent Development
11.6 China Duty Free Group
11.6.1 China Duty Free Group Company Detail
11.6.2 China Duty Free Group Business Overview
11.6.3 China Duty Free Group Duty Free Retailing Introduction
11.6.4 China Duty Free Group Revenue in Duty Free Retailing Business (2017-2022)
11.6.5 China Duty Free Group Recent Development
11.7 Dubai Duty Free
11.7.1 Dubai Duty Free Company Detail
11.7.2 Dubai Duty Free Business Overview
11.7.3 Dubai Duty Free Duty Free Retailing Introduction
11.7.4 Dubai Duty Free Revenue in Duty Free Retailing Business (2017-2022)
11.7.5 Dubai Duty Free Recent Development
11.8 Duty Free Americas
11.8.1 Duty Free Americas Company Detail
11.8.2 Duty Free Americas Business Overview
11.8.3 Duty Free Americas Duty Free Retailing Introduction
11.8.4 Duty Free Americas Revenue in Duty Free Retailing Business (2017-2022)
11.8.5 Duty Free Americas Recent Development
11.9 Gebr. Heinemann
11.9.1 Gebr. Heinemann Company Detail
11.9.2 Gebr. Heinemann Business Overview
11.9.3 Gebr. Heinemann Duty Free Retailing Introduction
11.9.4 Gebr. Heinemann Revenue in Duty Free Retailing Business (2017-2022)
11.9.5 Gebr. Heinemann Recent Development
11.10 King Power International Group (Thailand)
11.10.1 King Power International Group (Thailand) Company Detail
11.10.2 King Power International Group (Thailand) Business Overview
11.10.3 King Power International Group (Thailand) Duty Free Retailing Introduction
11.10.4 King Power International Group (Thailand) Revenue in Duty Free Retailing Business (2017-2022)
11.10.5 King Power International Group (Thailand) Recent Development
11.11 The Shilla Duty Free
11.11.1 The Shilla Duty Free Company Detail
11.11.2 The Shilla Duty Free Business Overview
11.11.3 The Shilla Duty Free Duty Free Retailing Introduction
11.11.4 The Shilla Duty Free Revenue in Duty Free Retailing Business (2017-2022)
11.11.5 The Shilla Duty Free Recent Development
13 Report Conclusion
14 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings