Global Airport Retailing: Market Size, Retailer Strategies and Competitor Performance11 Feb 2011 • by Natalie Aster
London – “The alternative to building a global network of airport retail operations for operators is to develop off-airport revenue, a strategy pursued by LVMH-owned DFS and Korea’s Lotte Duty Free. Having built a luxury proposition, DFS has shifted the focus of its tax and duty free stores from airports to downtown- and resort-based locations.” Verdict, (2010)
Global airport retailing has bounced back from an unprecedented decline in sales experienced in 2009. With growth of 14.0%, Asia Pacific is set to be the star performer in 2010 propelled by favorable macroeconomic and demographic factors and investment in airport infrastructure.
The study “Global Airport Retailing: Market Size, Retailer Strategies and Competitor Performance ” by Verdict outlines regional expenditure, five year forecasts and profiles of ten retail groups.
Use the report to:
- Make informed regional investment decisions with data on expenditure per region for 2005-2010e and forecasts to 2015 with accompanying analysis;
- Benchmark your company's performance by accessing profiles of ten key airport retailers including key operating statistics and global market shares;
- Maximise the effectiveness of marketing investments by uncovering the strategies being used by the most prominent players in global airport retailing.
Published: December 2010
Price: US$ 4,495 NOW ONLY $ 3,821 (offer ends 28th Feb 2011)
The Middle East & Africa was the fastest growing region over the last five years with sales reaching $2.7bn in 2010. The key to this growth has been Dubai, which over the last 25 years has transformed itself into a leading hub in the international aviation network through sustained investment to create world leading passenger facilities. Already the most valuable category, with sales of $8.1bn, beauty will achieve the fastest growth over the next five years, driven by strong demand in Asia and exclusive promotions on leading brands. Alcohol and tobacco will experience relatively weak growth with the potential for tobacco limited by trading restrictions. The alternative to building a global network of airport retail operations for operators is to develop off-airport revenue, a strategy pursued by LVMH-owned DFS and Korea’s Lotte Duty Free. Having built a luxury proposition, DFS has shifted the focus of its tax and duty free stores from airports to downtown- and resort-based locations.
Use the report to discover:
- Which markets hold the most potential for the airport retail sector and should I enter them or invest more in them?
- How did leading airport retail groups such as Aelia, Autogrill, DFS, Dufry, Gebr Heinemann, and Nuance Group perform last year?
- What is my company’s relative performance in the global airport retail sector and what is an achievable market share objective for my company?
- What product categories should my company continue to or start to invest in, and which areas should my company look to reduce investment in?
- What companies could my company partner with in airport retail sector and what do I need to know to improve my pitch to them?
More information can be found in the report “Global Airport Retailing: Market Size, Retailer Strategies and Competitor Performance ” by Verdict .
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