Duty-Free and Travel Retail Market - Global Outlook and Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 11, 2018--The “Duty-Free and Travel Retail Market - Global Outlook and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
This market research report on global duty free and travel retail market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by products (fragrance and cosmetics, liquor, fashion and accessories, tobacco goods, electronics, watches, and confectionery) and by geography (APAC, Europe, Americas, Middle East, and Africa).
The growing demand for retail chains that offer luxury and premium brands of various products is augmenting the growth of the global duty-free and travel retail market. These distribution channels provide passengers value, enhance their experience while traveling, generate value addition to economic activity, and creates employment that contributes to overall GDP across the global market. The rising popularity of the travel and tourism industry is one of the primary factors in the global market. These services enhance the experience and value for money which enables consumers to shop premium and luxury brands at discounted price in the global market.
The idea of temporary spaces that offer end-users extra time after security check-in and allows them to get entertained, excited, and indulgent with the ambiance and experience of shopping for international products. The increasing focus on digitalizing the retailing process so that they could maximize their profit and convert more customers will boost sales in the global market.
Companies MentionedFlemingo International Qatar Duty Free James Richardson Group Dubai Duty Free Aer Rianta International Duty Free Americas King Power International China Duty Free Group Shilla DFS Lagardre group Lotte Gebr. Heinemann Dufry AG
For more information about this report visit https://www.researchandmarkets.com/research/bqxxk3/dutyfree_and?w=4
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Related Topics:Travel and Tourism,Duty Free
INDUSTRY KEYWORD: TRAVEL OTHER TRAVEL RETAIL OTHER RETAIL
SOURCE: Research and Markets
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PUB: 07/11/2018 06:08 AM/DISC: 07/11/2018 06:08 AM