Edison, NJ -- (SBWIRE) -- 07/26/2019 -- HTF Market Intelligence released a new research report of 30 pages on title 'Trends in Duty Free Retailing' with detailed analysis, forecast and strategies. The study covers key regions and important players such as Lotte Duty Free, Jesselton Duty Free, China Duty Free etc.
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Summary
Global duty free sales are projected to register a CAGR of 7.1% over the next five years to reach US$75.4 billion by 2022. A pick up in global tourism, an increased number of outbound trips by the Chinese, greater availability of affordable travel options, and the ensuing rise in consumer affluence in the APAC region are all projected to support sales growth over that period.
Companies Mentioned in the Report
Dufry, Unifree Duty Free, Hyundai, Lotte Duty Free, Jesselton Duty Free, China Duty Free
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Scope
- Revival of global tourism and improved access of duty free goods will drive sales growth
- Dominated by South Korea and China, APAC is the largest duty free market in the world
- The APAC region surpasses the global average, with Europe set to register low growth
- Cosmetics & toiletries is the most purchased category through duty free
- Sub-channel duty free expenditure (US$ billion) and share (%) in 2017 and 2022
- Seven of the top 10 countries worldwide will be in APAC, highlighting the region's dominance.
Reasons to buy
- This report offers an analysis of trends influencing duty free retail sales. It includes strategies adopted by various retailers, insights on consumer trends, and challenges and drivers influencing performance of duty free retail stores.
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Major Highlights of TOC:
Chapter One: Global Duty Free Retailing Market Industry Overview
1.1 Duty Free Retailing Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Duty Free Retailing Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Global Duty Free Retailing Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Global Duty Free Retailing Market Size by Demand
2.3 Global Duty Free Retailing Market Forecast by Demand
Chapter Three: Global Duty Free Retailing Market by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Duty Free Retailing Market Size by Type
3.3 Duty Free Retailing Market Forecast by Type
Chapter Four: Major Region of Duty Free Retailing Market
4.1 Global Duty Free Retailing Sales
4.2 Global Duty Free Retailing Revenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.