Global Duty Free Retailing Market Research Report 2023(Status and Outlook)


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Global Duty Free Retailing Market Research Report 2023(Status and Outlook)



Report Overview

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.

The Global Duty Free Retailing Market Size was estimated at USD 73060.00 million in 2022 and is projected to reach USD 205240.81 million by 2029, exhibiting a CAGR of 15.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Duty Free Retailing market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Duty Free Retailing Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Duty Free Retailing market in any manner.

Global Duty Free Retailing Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

Cosmetics & Personal Care Products

Alcohol, Wine and Spirits

Tobacco & Cigarettes

Fashion & Luxury Goods

Confectionery & Food Stuff

Others

Market Segmentation (by Application)

Lead-acid Battery

Lithium-ion Battery

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Duty Free Retailing Market

Overview of the regional outlook of the Duty Free Retailing Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, 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 Duty Free Retailing Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to 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 7 provides the analysis of various market segments according to 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 8 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 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Duty Free Retailing
1.2 Key Market Segments
1.2.1 Duty Free Retailing Segment by Type
1.2.2 Duty Free Retailing Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Duty Free Retailing Market Overview
2.1 Global Duty Free Retailing Market Size (M USD) Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Duty Free Retailing Market Competitive Landscape
3.1 Global Duty Free Retailing Revenue Market Share by Manufacturers (2018-2023)
3.2 Duty Free Retailing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Manufacturers Duty Free Retailing Sales Sites, Area Served, Service Type
3.4 Duty Free Retailing Market Competitive Situation and Trends
3.4.1 Duty Free Retailing Market Concentration Rate
3.4.2 Global 5 and 10 Largest Duty Free Retailing Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Duty Free Retailing Value Chain Analysis
4.1 Duty Free Retailing Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Duty Free Retailing Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Duty Free Retailing Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Duty Free Retailing Market Size Market Share by Type (2018-2023)
6.3 Global Duty Free Retailing Sales Growth Rate by Type (2019-2023)
7 Duty Free Retailing Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Duty Free Retailing Market Size (M USD) by Application (2018-2023)
7.3 Global Duty Free Retailing Sales Growth Rate by Application (2019-2023)
8 Duty Free Retailing Market Segmentation by Region
8.1 Global Duty Free Retailing Market Size by Region
8.1.1 Global Duty Free Retailing Market Size by Region
8.1.2 Global Duty Free Retailing Market Share by Region
8.2 North America
8.2.1 North America Duty Free Retailing Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Duty Free Retailing Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Duty Free Retailing Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Duty Free Retailing Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Duty Free Retailing Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Dufry
9.1.1 Dufry Duty Free Retailing Basic Information
9.1.2 Dufry Duty Free Retailing Product Overview
9.1.3 Dufry Duty Free Retailing Product Market Performance
9.1.4 Dufry Business Overview
9.1.5 Dufry Duty Free Retailing SWOT Analysis
9.1.6 Dufry Recent Developments
9.2 Lagardère Travel Retail
9.2.1 Lagardère Travel Retail Duty Free Retailing Basic Information
9.2.2 Lagardère Travel Retail Duty Free Retailing Product Overview
9.2.3 Lagardère Travel Retail Duty Free Retailing Product Market Performance
9.2.4 Lagardère Travel Retail Business Overview
9.2.5 Lagardère Travel Retail Duty Free Retailing SWOT Analysis
9.2.6 Lagardère Travel Retail Recent Developments
9.3 Lotte Duty Free
9.3.1 Lotte Duty Free Duty Free Retailing Basic Information
9.3.2 Lotte Duty Free Duty Free Retailing Product Overview
9.3.3 Lotte Duty Free Duty Free Retailing Product Market Performance
9.3.4 Lotte Duty Free Business Overview
9.3.5 Lotte Duty Free Duty Free Retailing SWOT Analysis
9.3.6 Lotte Duty Free Recent Developments
9.4 LVMH
9.4.1 LVMH Duty Free Retailing Basic Information
9.4.2 LVMH Duty Free Retailing Product Overview
9.4.3 LVMH Duty Free Retailing Product Market Performance
9.4.4 LVMH Business Overview
9.4.5 LVMH Recent Developments
9.5 Aer Rianta International (ARI)
9.5.1 Aer Rianta International (ARI) Duty Free Retailing Basic Information
9.5.2 Aer Rianta International (ARI) Duty Free Retailing Product Overview
9.5.3 Aer Rianta International (ARI) Duty Free Retailing Product Market Performance
9.5.4 Aer Rianta International (ARI) Business Overview
9.5.5 Aer Rianta International (ARI) Recent Developments
9.6 China Duty Free Group
9.6.1 China Duty Free Group Duty Free Retailing Basic Information
9.6.2 China Duty Free Group Duty Free Retailing Product Overview
9.6.3 China Duty Free Group Duty Free Retailing Product Market Performance
9.6.4 China Duty Free Group Business Overview
9.6.5 China Duty Free Group Recent Developments
9.7 Dubai Duty Free
9.7.1 Dubai Duty Free Duty Free Retailing Basic Information
9.7.2 Dubai Duty Free Duty Free Retailing Product Overview
9.7.3 Dubai Duty Free Duty Free Retailing Product Market Performance
9.7.4 Dubai Duty Free Business Overview
9.7.5 Dubai Duty Free Recent Developments
9.8 Duty Free Americas
9.8.1 Duty Free Americas Duty Free Retailing Basic Information
9.8.2 Duty Free Americas Duty Free Retailing Product Overview
9.8.3 Duty Free Americas Duty Free Retailing Product Market Performance
9.8.4 Duty Free Americas Business Overview
9.8.5 Duty Free Americas Recent Developments
9.9 Gebr. Heinemann
9.9.1 Gebr. Heinemann Duty Free Retailing Basic Information
9.9.2 Gebr. Heinemann Duty Free Retailing Product Overview
9.9.3 Gebr. Heinemann Duty Free Retailing Product Market Performance
9.9.4 Gebr. Heinemann Business Overview
9.9.5 Gebr. Heinemann Recent Developments
9.10 King Power International Group (Thailand)
9.10.1 King Power International Group (Thailand) Duty Free Retailing Basic Information
9.10.2 King Power International Group (Thailand) Duty Free Retailing Product Overview
9.10.3 King Power International Group (Thailand) Duty Free Retailing Product Market Performance
9.10.4 King Power International Group (Thailand) Business Overview
9.10.5 King Power International Group (Thailand) Recent Developments
9.11 The Shilla Duty Free
9.11.1 The Shilla Duty Free Duty Free Retailing Basic Information
9.11.2 The Shilla Duty Free Duty Free Retailing Product Overview
9.11.3 The Shilla Duty Free Duty Free Retailing Product Market Performance
9.11.4 The Shilla Duty Free Business Overview
9.11.5 The Shilla Duty Free Recent Developments
10 Duty Free Retailing Regional Market Forecast
10.1 Global Duty Free Retailing Market Size Forecast
10.2 Global Duty Free Retailing Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Duty Free Retailing Market Size Forecast by Country
10.2.3 Asia Pacific Duty Free Retailing Market Size Forecast by Region
10.2.4 South America Duty Free Retailing Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Duty Free Retailing by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Duty Free Retailing Market Forecast by Type (2024-2029)
11.2 Global Duty Free Retailing Market Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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