Travel Retail Market Enterprise Demand, Current Trends, Growth Analysis, Product Types, Innovative Technology by Top Companies till 2025

This newly added report provided by Adroit Market Research Travel Retail Market We resent our analysis of market conditions and challenges. Experts have studied historical data and compared it with the current market situation - 2021.

Travel retail refers to worldwide market selling merchandise to international travelers. Sales in these shops are received from the payment of some excise duties and national or local taxes. It is mostly sold with the condition of taking these goods cross borders. The products can be sold by travel retail diverge by different rules and jurisdiction that is based on excise duty calculations, import allowance restrictions and many other factors. Travel retail is generally available at for the conditioning of sailing ships in international waters, at various international railway stations, ferry & cruise shops on ships in international waters, onboard aircraft in-between international flights and border shops. The global industry for Travel retail has recorded a noteworthy growth over the recent years.

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Top Key vendors DFS Group ,LS travel retail ,Dufry ,Lotte Duty Free ,The Shilla Duty Free ,King Power International Group ,Gebr ,China Duty Free Group ,Heinemann ,Naunace Group ,Aer Rianta International

The development of tourism and travel industry worldwide is considered to remain being the prominent aspect behind the upsurge in the Travel retail industry growth. The increase in the disposable income among individuals is another aspect driving the growth of the market on global level. The enormous growth in the millennial population across the globe is likely to have a major influence on the performance of the travel retail market. The growth in the economies of several developing regions is also adding fuel to the industry growth process. Brands have capitalized on the divergences among traditional retail spaces and travel retail in order to hit maximum profits which in turn are boosting the growth of the travel retail industry.

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The growing demand for electronics, cosmetics, food items and apparels due to increase in travel and tourism across the globe has resulted in growth of the global travel retail industry. Several factors like holiday atmosphere, the open-plan setup and free time to browse and buy provide opportunities to travelers to spend time and money in airports as a result of which the industry has been growing at a substantial pace. Furthermore, with the latest upsurges in the economy, the number of passengers across the globe is likely to increase in future. This growth in passenger number is likely to provide several lucrative growth opportunities to entities in the travel retail industry. However, the industry growth of the industry is anticipated to be restrained by unorganized local markets and stringent government regulations.
Global travel retail market segmented into:
By Product Type
• Wine and Spirit
• Perfume and Cosmetics
• Electronics
• Food, catering, and confectionary
• Luxury goods
• Tobacco
• Others
By Channel
• Cruise Liner
• Airport
• Border
• Downtown and hotel shop
By Region
• North America
• Mexico
• Canada
• U.S.
• Europe
• Italy
• UK
• Germany
• France
• Rest of Europe
• Asia-Pacific
• India
• Japan
• China
• Rest of ASPAC
• Middle East
• Latin America
• Africa

Table of Contents –

Global Travel Retail Market Size, Status and Forecast to 2025
1 Market Overview
2 Manufacturer Profile
3 Global Travel Retail Market Sales, Revenue, Market Share and Competition by Manufacturers
4 Global Travel Retail Market Analysis by Different Regions
5 North American Travel Retail Market by Country
6 European Travel Retail Market by Country
7 Asia Pacific Travel Retail Market by Country
8 South American Travel Retail Market by Country
9 Internet Travel Retail Market by Countries in Middle East & Africa
10 Global Travel Retail Market Segment by Type
11 Global Travel Retail Market Segment by Application
12 Travel Retail Market Forecast
13 Sales Channels, Distributors, Traders and Dealers
14 Study Results and Conclusions
15 Appendix

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