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.
Duty Free Retailing report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Duty Free Retailing market is projected to reach US$ 207630 million in 2029, increasing from US$ 73060 million in 2022, with the CAGR of 15.9% during the period of 2023 to 2029. Demand from Airports and Onboard Aircraft are the major drivers for the industry.
Global Duty Free Retailing Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2018 to 2029, as well as the production volume by region during the same period.
QYResearch announces the release of the report “Global Duty Free Retailing Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application”. Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a detailed analysis of the production volume for each type from 2018 to 2029, as well as production by region during the same period. It aims to help readers gain a comprehensive understanding of the global Duty Free Retailing market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
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Overall, this report will provide you with the insights and information needed to make informed business decisions and stay ahead of the competition.
Global Duty Free Retailing Market report also includes a pricing analysis for each type, manufacturer, region, and global price from 2018 to 2029. This information will help stakeholders make informed decisions and develop effective strategies for growth. The report’s analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market’s dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
The Duty Free Retailing market is segmented as below:
By 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
Segment by Type
Cosmetics & Personal Care Products
Alcohol, Wine and Spirits
Tobacco & Cigarettes
Fashion & Luxury Goods
Confectionery & Food Stuff
Others
Segment by Application
Airports
Onboard Aircraft
Seaports
Train Stations
Others
Each chapter of the report provides detailed information for readers to understand the Duty Free Retailing market further:
Chapter 1: Duty Free Retailing Market Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Duty Free Retailing, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Duty Free Retailing industry.
Chapter 3: Duty Free Retailing Market Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Duty Free Retailing in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Duty Free Retailing Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Duty Free Retailing Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Duty Free Retailing introduction, etc. Duty Free Retailing Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Duty Free Retailing market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
Some of the Key Questions Answered in this Report:
What is the Duty Free Retailing market size at the regional and country-level
What are the key drivers, restraints, opportunities, and challenges of the Duty Free Retailing market, and how they are expected to impact the market
What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Duty Free Retailing
Who are the global key manufacturers of the Duty Free Retailing Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
What are the Duty Free Retailing market opportunities and threats faced by the vendors in the global Duty Free Retailing Industry
Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application
What focused approach and constraints are holding the Duty Free Retailing market
What are the different sales, marketing, and distribution channels in the global industry
What are the upstream raw materials and of Duty Free Retailing along with the manufacturing process of Duty Free Retailing
What are the key market trends impacting the growth of the Duty Free Retailing market
Economic impact on the Duty Free Retailing industry and development trend of the Duty Free Retailing industry
What are the Duty Free Retailing market opportunities, market risk, and market overview of the Duty Free Retailing market
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