Asia-Pacific Airport Retail Market Trends and Analysis by Region, Sales, Innovations, Tourism and Competitive Landscape and Forecast to 2027

Asia-Pacific Airport Retail Market Trends and Analysis by Region, Sales, Innovations, Tourism and Competitive Landscape and Forecast to 2027
Summary



This report provides an overview of the Asia-Pacific Airport Retailing which includes Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape

With 16.1% growth forecast for 2022-27, airport retail sales in Asia-Pacific are set to increase faster than in any other region. The airport retail market in Asia-Pacific is led by sales in the beauty category, which reached $5.1 billion in 2022 to account for 41% of total market in the same year. The airport retail space is highly competitive, with China Duty Free being the largest retailer in the region, followed by Lotte Duty Free with a 24.5% share.

Scope

• Asia-Pacific set to remain the largest global market for airport retailing
• Beauty, the leading category, continues to shine with new launches and campaigns
• China Duty Free leads the way with 37.9% share of total sales in 2022

• Gain a comprehensive knowledge on Asia-Pacific airport retail market and develop a competitive advantage
• Investigate current trends in the Asia-Pacific airport retail market to identify the best opportunities to exploit
• Analysis of key airport retail players operating across the Asia-Pacific region
• Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the key consumer and technology trends influencing the airport retail market in the Asia-Pacific region
• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
• Analysis of key international players operating in the Asia-Pacific Duty Fee retail market — including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share