Global Duty-Free Retailing 2018-2028

Global Duty-Free Retailing 2018-2028 Summary This report provides an overview of the global duty-free retailing which includes Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape Continuing expansion of the global duty-free market hinges on further passenger number growth and infrastructure investment APAC duty-free market is expected to grow fastest, fueled by rising income levels and international travelers Avolta has the greatest share of the duty-free market in 2023 Key Highlights - In 2023, the global duty-free market experienced robust growth of 27.7%, driven by a surge in demand for luxury goods. The Asia-Pacific duty-free market is forecast to be the fastest growing region in 2024, growing by 18.4% during the year, driven by the subsiding of economic issues and rising tourism levels. This will enable the region to increase its share of the global duty-free market from 63.5% in 2023 to 65.0% in 2024. After a successful merger with Autogrill which enabled it to improve its product proposition and services, Dufry (Avolta) leads with an 8.8% share of the global duty-free market in 2023. Reasons to Buy - Gain a comprehensive knowledge on Global Duty Free market and develop a competitive advantage - Investigate current trends in the global duty free market to identify the best opportunities to exploit - Analysis of key duty free players operating globally - 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 duty free market globally - Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior - Analysis of key international players operating in Global Duty Fee retail market — including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share