The report highlights the increasing demand for premium and luxury brand products among customers. Consegic Business Intelligence provides an inclusive research report on the duty-free retailing market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
The report analyses significant segments including product type, sales channel, and region, to identify emerging trends and potential opportunities. The product type segment is expected to grow due to the increasing adoption of exclusive fragrances, skincare products, and cosmetics among consumers. Moreover, the increasing demand for confectionery & food items such as unique sweets, chocolates, snacks, and gourmet items among consumers is propelling the growth of the market.Get Free Sample
|Report Attributes||Report Details|
|By Product Type||Perfumes & Cosmetics, Wine & Spirits, Electronics, Tobacco, Confectionary & Food, Luxury Goods, and Others|
|By Sales Channel||Airports, Railway Stations, Sea-Ports, Down-Town and Hotel Shops|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The global duty-free retailing market is highly competitive due to the presence of major players such as Dufry AG, LOTTE Duty-Free Company, DFS Group Limited, Heinemann SE & Co. KG, The Shilla Duty-Free, James Richardson Corporation Pty Ltd., Duty-Free Americas, Inc. operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in duty-free retailing market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.