Global Duty Free Retailing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Duty Free Retailing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Duty Free Retailing market finds that the global Duty Free Retailing market reached a value of USD 82708.17 million in 2022. It’s expected that the market will achieve USD 153410.7 million by 2028, exhibiting a CAGR of 10.85% during the forecast period.

Company Overview:

China Duty Free Group is one of the major players operating in the Duty Free Retailing market, holding a share of 16.11% in 2022.

China Duty Free Group

Founded in 1984, China Duty Free Group Co., Ltd. (CDFG) is the state-owned enterprise authorized by the State Council to operate duty free business across the country. CDFG has established long-term partnerships with over 1000 top luxury brands in the world.

Lotte Duty Free

Lotte Duty Free is part of the retail division of Lotte Group, the largest Korean retailer. Lotte Corp is a Korea-based holding company principally engaged in the department stores.

Key Companies in the global Duty Free Retailing market covered in Chapter 3:

Gebr. Heinemann
China Duty Free Group
Dufry
DFS Group
Lotte Duty Free
Shinsegae Duty Free
The King Power International Group
Lagardère Group
Dubai Duty Free
The Shilla Duty Free

In Chapter 4 and Chapter 14.2, on the basis of types, the Duty Free Retailing market from 2018 to 2029 is primarily split into:

Perfumes
Cosmetics
Alcohol
Cigarettes
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Duty Free Retailing market from 2018 to 2029 covers:

Airports
Onboard Aircraft
Seaports
Train Stations
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)