Duty-Free Retailing Market Size, Consumer and Retail Trends, Competitive Landscape and Forecast, 2021-2025
Summary
The duty-free market is only expected to reach above pre-pandemic levels at US$78.7 billion in 2025, growing at a CAGR of 2.9% during 2019-2025
This report provides an overview of the global duty-free retailing which includes Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape
Scope
- Duty free retail will regain momentum post COVID-19, but rate of growth will be slow owing to repercussions of COVID-19 and geopolitics
- APAC region continues to drive global duty-free sales
- Europe suffers from fewer international travellers, reducing its share to 18.6%
- The Americas and Middle East and Africa will produce uneven recovery
- Cosmetics and toiletries continues to dominate the global duty-free market through to 2025
- New initiatives are being introduced to drive demand from the post COVID consumer
- Gain a comprehensive view of the Global Duty-Free market and forecasts to 2025
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of Covid-19 on the Global Duty-Free market.
- Investigate current and forecast trends in the market to identify the opportunities offering the most potential
- Understand who the main competitors are in the market and their price positioning
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behaviour
- Executive Summary
- Market Analysis
- Drivers & inhibitors
- Duty free sales - Global
- Duty free sales by sector - Global
- Regional Summaries
- Global Duty Free: Regional Summary
- Growth in duty-free sales by country
- Table Most countries are expected to surpass pre-COVID-19 values by 2025
- Table Countries such as China will become world leaders in duty-free sales
- Table APAC countries will pull demand and grow exponentially
- Table Countries such as Norway will attract travelers looking for sustainable and eco-friendly tourism which will drive growth
- Table Saudi Arabia held a larger share of the market and Asian countries will maintain strong position
- Table Turkey and Ukraine will not recover lost sales due to underdeveloped tourism infrastructure in the countries
- Sector Analysis
- Sector sales by country - Global
- Sector sales by country - Argentina
- Sector sales by country - Australia
- Sector sales by country - Austria
- Sector sales by country - Belgium
- Sector sales by country - Brazil
- Sector sales by country - Bulgaria
- Sector sales by country - Canada
- Sector sales by country - Chile
- Sector sales by country - China
- Sector sales by country - Colombia
- Sector sales by country - Czech Republic
- Sector sales by country - Denmark
- Sector sales by country - Egypt
- Sector sales by country - Finland
- Sector sales by country - France
- Sector sales by country - Germany
- Sector sales by country - Greece
- Sector sales by country - Hong Kong
- Sector sales by country - Hungary
- Sector sales by country - India
- Sector sales by country - Indonesia
- Sector sales by country - Israel
- Sector sales by country - Italy
- Sector sales by country - Japan
- Sector sales by country - Malaysia
- Sector sales by country - Mexico
- Sector sales by country - Netherlands
- Sector sales by country - New Zealand
- Sector sales by country - Norway
- Sector sales by country - Peru
- Sector sales by country - Philippines
- Sector sales by country - Poland
- Sector sales by country - Portugal
- Sector sales by country - Republic of Ireland
- Sector sales by country - Saudi Arabia
- Sector sales by country - Singapore
- Sector sales by country - Slovak Republic
- Sector sales by country - South Africa
- Sector sales by country - South Korea
- Sector sales by country - Spain
- Sector sales by country - Sweden
- Sector sales by country - Switzerland
- Sector sales by country - Thailand
- Sector sales by country - Turkey
- Sector sales by country - United Arab Emirates
- Sector sales by country - UK
- Sector sales by country - United States of America
- Consumer Behaviour
- Consumer behavior - holidays
- Consumer behavior - travel
- Tourism Landscape
- Passenger numbers
- Table Passenger numbers by region (million) 2019 -2026
- Sales per passenger
- Table Sales per passenger (in US$), 2019 -2026
- Passenger numbers
- Key Trends
- Key Retail Innovations
- Innovations in duty-free retail landscape
- Competitive Landscape
- Major operators across the globe
- Key Duty Free Operators
- China Duty Free
- Duty free retail - China Duty Free
- Shilla Duty Free
- Duty free retail - Shilla Duty Free
- Lotte Duty Free
- Duty free retail - Lotte Duty Free
- Shinsegae Duty Free
- Duty free retail - Shinsegae Duty Free
- Dufry
- Duty free retail - Dufry
- Dubai Duty Free
- Duty free retail - Dubai Duty Free
- DFS
- Duty free retail - DFS
- King Power
- Duty free retail - King Power
- Duty Free Americas
- Duty free retail - Duty Free Americas
- China Duty Free
- New Opportunities
- New airport opportunities
- Development delays due to COVID-19
- New airport opportunities
- Development delays due to COVID-19
- New airport opportunities
- Development delays due to COVID-19
- Appendix
- Exchange Rates to US$
- Table Exchange Rates to US$
- Country Coverage
- Definitions
- Methodology
- About GlobalData
- Exchange Rates to US$
Research Assistance
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