Global Airport Retail Market Trends Analysed & Forecast by Verdict Retail in Its Report Recently Published at MarketPublishers.com
01 Apr 2016 • by Natalie Aster
LONDON – The majority of travellers spend around 15 minutes or less per visit to a duty-free retail outlet in the airport. The most significant expenditures are made on handbags, precious jewelry and watches. In 2015, Chanel and Christian Dior Couture were the most in-demand brands in airport retail outlets; furthermore these brands are likely to see strong demand in the years to come. Some other popular brands include Hugo Boss, Ralph Lauren/Polo, Mappin and Webb. Food and beverages are bought at airport retail stores primarily for consumption in the airport.
Global airport retail market is expected to be on the rise in the short-term perspective being driven by competitive prices and the availability of luxury brands at discounted prices.
The research report “Airport Retail Survey and Luxury Trends 2016-2017” offers an up-close look at the global airport retail marketplace, with a special attention paid to luxury products retail trends. The research study draws a picture of the actual scenario, uncovers data on time spent in duty-free airport retail outlets, brand preferences, key purchasing motivators, shopping frequency, average expenditures, etc. Additionally, it provides retail statistics categorised by gender, age and annual income of travellers, making purchases at airport. Furthermore, the report points out preferred travel destinations and explores purchasing patterns. This new research report includes a comprehensive future outlook for the world airport retail market.
Airport Retail Survey and Luxury Trends 2016-2017
Published: March, 2016
Price: US$ 4,950.00
Rich collection of research reports by this publisher is available at Verdict Retail page.