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Global Duty Free and Travel Retail Market – Analysis By Location (Airlines, Airport Shops, Ferries, Others), By Product, By Region, By Country (2021 Edition): Market Insights & Forecast with Impact of COVID -19 (2021-2026)

December 2021 | 190 pages | ID: GFF71FC46642EN
Azoth Analytics

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Executive Summary

The Global Duty Free & Travel Retail Market was valued at USD 29.89 Billion in the year 2020. The growing demand for retail chains that offer luxury and premium brands of various products is augmenting the growth of the duty-free and travel retail market. The distribution channels offer value to passengers, enhance their experiences while travelling, and add value to economic activities, hence, paving way for the growth in the market during the forecast period 2021-2026.

Based on Product, the market is segmented into Wines & Spirits, Fashion & Accessories, Fragrances & Cosmetics, Tobacco Goods and Others. The Fragrances and Cosmetics segment is expected to grow at a higher CAGR during the forecast period. The growth of fragrances and perfumes in the travel retail market is primarily influenced by unpredictable and continuously changing fashion trends. Thus, the key market players are focusing on developing exciting, unique, and new fragrances to attract different consumer groups across the world.

APAC is expected to hold the largest market share in the Global Duty Free & Travel Retail market in 2026. APAC is also expected to be the fastest growing region as well owing to the rising consumer base in the countries including India, China, and South Korea. Furthermore, there is an increasing travel expenditure by the consumers of the regions owing to the increase in the per capita income which is poised to propel the market growth of the Duty Free and Travel Retail market forecast period 2021-2026.

The growing demand from retail chains that offer luxury and premium brands of various products is augmenting the growth of the duty-free and travel retail market. Several companies are partnering with duty-free stores to launch their limited or exclusive products, which is driving the market growth.

Scope of the Report
  • The report presents the analysis of Duty Free & Travel Retail market for the historical period of 2016-2020 and the forecast period of 2021-2026.
  • The report analyses the Duty Free & Travel Retail Market by Value (USD Million).
  • The report analyses the Duty Free & Travel Retail Market by Location (Airlines, Airport Shops, Ferries, Other Shops).
  • The report analyses the Duty Free & Travel Retail Market by Product (Wines & Spirits, Fashion & Accessories, Fragrances & Cosmetics, Tobacco Goods, Others).
  • The Global Duty Free & Travel Retail Market has been analysed by countries (United States, Canada, United Kingdom, Italy, France, Germany, China, Japan, India, Australia).
  • The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by Location and Product.
  • Also, the major opportunities, trends, drivers and challenges of the industry have been analysed in the report.
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Dufry, WH Smith, B&M, Kingfisher, Dublin Airport Authority, Japan Airport Terminal Co., Tallink Group, Duty Free Americas, Gebr. Heinemann SE & CO.KG, Qatar Duty Free.
Key Target Audience
  • Duty Free & Travel Retail Industry Vendors
  • Major Airports
  • Consulting and Advisory Firms
  • Government and Policy Makers
  • Regulatory Authorities
1. REPORT SCOPE AND METHODOLOGY

1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary

2. STRATEGIC RECOMMENDATIONS

3. GLOBAL DUTY FREE AND TRAVEL RETAIL MARKET: PRODUCT OVERVIEW

4. GLOBAL DUTY FREE AND TRAVEL RETAIL MARKET: AN ANALYSIS

4.1 Market Size, By Value, 2016-2026
4.2 Impact of COVID-19 on Global Duty Free and Travel Retail Market
4.3 Global Duty Free and Travel Retail Market: Growth & Forecast

5. GLOBAL DUTY FREE AND TRAVEL RETAIL MARKET: SEGMENT ANALYSIS

5.1 Global Duty Free and Travel Retail Market by Location
5.2 Competitive Scenario of Global Duty Free and Travel Retail Market– By Location
5.3 By Airlines, By Value (USD Million), 2016-2026
5.4 By Airport Shops, By Value (USD Million), 2016-2026
5.5 By Ferries, By Value (USD Million), 2016-2026
5.6 By Other Shops, By Value (USD Million), 2016-2026

6. GLOBAL DUTY FREE AND TRAVEL RETAIL MARKET: ANALYSIS BY PRODUCT

6.1 Global Duty Free and Travel Retail Market by Product
6.2 Competitive Scenario of Global Duty Free and Travel Retail Market– By Product
6.3 By Wines & Spirits, By Value (USD Million), 2016-2026
6.4 By Fashion & Accessories, By Value (USD Million), 2016-2026
6.5 By Fragrances & Cosmetics, By Value (USD Million), 2016-2026
6.6 By Tobacco Goods, By Value (USD Million), 2016-2026
6.7 By Others, By Value (USD Million), 2016-2026

7. NORTH AMERICA DUTY FREE AND TRAVEL RETAIL MARKET: AN ANALYSIS (2016-2026)

7.1 North America Duty Free and Travel Retail Market by value: Size and Forecast (2016-2026)
7.2 North America Duty Free and Travel Retail Market: Prominent Companies
7.3 Market Segmentation by Location (Airlines, Airport Shops, Ferries, Other Shops)
7.4 Market Segmentation By Product (Wines & Spirits, Fashion & Accessories, Fragrances & Cosmetics, Tobacco Goods, Others)
7.5 North America Duty Free and Travel Retail Market: Country Analysis
7.6 Market Opportunity Chart of North America Duty Free and Travel Retail Market - By Country, By Value (Year-2026)
7.7 Competitive Scenario of North America Duty Free and Travel Retail Market– By Country
7.8 United States Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
7.9 United States Duty Free and Travel Retail Market by Location, by Product
7.10 Canada Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
7.11 Canada Duty Free and Travel Retail Market Segmentation by Location, by Product

8. EUROPE DUTY FREE AND TRAVEL RETAIL MARKET: AN ANALYSIS (2016-2026)

8.1 Europe Duty Free and Travel Retail Market by value: Size and Forecast (2016-2026)
8.2 Europe Duty Free and Travel Retail: Prominent Companies
8.3 Market Segmentation by Location (Airlines, Airport Shops, Ferries, Other Shops)
8.4 Market Segmentation by Product (Wines & Spirits, Fashion & Accessories, Fragrances & Cosmetics, Tobacco Goods, Others)
8.5 Europe Duty Free and Travel Retail Market: Country Analysis
8.6 Market Opportunity Chart of Europe Duty Free and Travel Retail Market - By Country, By Value (Year-2026)
8.7 Competitive Scenario of Europe Duty Free and Travel Retail Market– By Country
8.8 United Kingdom Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
8.9 United Kingdom Duty Free and Travel Retail Market by Location, by Product
8.10 Germany Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
8.11 Germany Duty Free and Travel Retail Market by Product Type, Application, Distribution Channel
8.12 Italy Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
8.13 Italy Duty Free and Travel Retail Market by Location, by Product
8.14 France Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
8.15 France Duty Free and Travel Retail Market Segmentation by Location, by Product

9. ASIA PACIFIC DUTY FREE AND TRAVEL RETAIL MARKET: AN ANALYSIS (2016-2026)

9.1 APAC Duty Free and Travel Retail Market by value: Size and Forecast (2016-2026)
9.2 APAC Duty Free and Travel Retail: Prominent Companies
9.3 Market Segmentation by Location (Airlines, Airport Shops, Ferries, Other Shops)
9.4 Market Segmentation by Product (Wines & Spirits, Fashion & Accessories, Fragrances & Cosmetics, Tobacco Goods, Others)
9.5 APAC Duty Free and Travel Retail Market: Country Analysis
9.6 Market Opportunity Chart of Asia Pacific Duty Free and Travel Retail Market - By Country, By Value (Year-2026)
9.7 Competitive Scenario of Asia Pacific Duty Free and Travel Retail Market– By Country (2020 & 2026)
9.8 China Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
9.9 China Duty Free and Travel Retail Segmentation by Location, by Product
9.10 Japan Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
9.11 Japan Duty Free and Travel Retail Market Segmentation by Location, by Product
9.12 India Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
9.13 India Duty Free and Travel Retail Market Segmentation by Product Type, Application, Distribution Channel
9.14 Australia Duty Free and Travel Retail Market: Size and Forecast (2016-2026)
9.15 Australia Duty Free and Travel Retail Market Segmentation by Product Type, Application, Distribution Channel

10. GLOBAL DUTY FREE AND TRAVEL RETAIL MARKET DYNAMICS

10.1 Global Duty Free and Travel Retail Market Drivers
10.2 Global Duty Free and Travel Retail Market Restraints
10.3 Global Duty Free and Travel Retail Market Trends

11. MARKET ATTRACTIVENESS AND STRATEGIC ANALYSIS

11.1 Market Attractiveness Chart of Global Duty Free and Travel Retail - By Location (Year 2026)
11.2 Market Attractiveness Chart of Global Duty Free and Travel Retail - By Product (Year 2026)
11.3 Market Attractiveness Chart of Global Duty Free and Travel Retail - By Region (Year 2026)

12. COMPETITIVE LANDSCAPE

12.1 Market Share of global leading companies
12.2 SWOT Analysis– Global Duty Free and Travel Retail Market
12.3 Porter Five Forces Analysis-Global Duty Free and Travel Retail Market

13. COMPANY PROFILES (BUSINESS DESCRIPTION, FINANCIAL ANALYSIS, BUSINESS STRATEGY)

13.1 Dufry
13.2 WH Smith
13.3 B&M
13.4 Kingfisher
13.5 Dublin Airport Authority
13.6 Japan Airport Terminal Co
13.7 Tallink Group
13.8 Duty Free Americas
13.9 Gebr. Heinemann SE & CO.KG
13.10 Qatar Duty Free
TABLES AND FIGURES
Figure 1: Global Duty Free and Travel Retail Market Size, By Value, 2016-2026 (USD Million)
Figure 2: Urban Population (% of total) 2016-2020
Figure 3: Global GDP per Capita (current USD) 2015-2019
Figure 4: Global International Tourism Expenditure (2015-2019) (In USD trillion)
Figure 5: World Population Share by Region (2020)
Figure 6: Global Duty Free and Travel Retail Market- By Location Market Share, 2020 & 2026
Figure 7: Global Duty Free and Travel Retail Market- By Airlines, By Value (USD Million), 2016-2026
Figure 8: Global Duty Free and Travel Retail Market- By Airport Shops, By Value (USD Million), 2016-2026
Figure 9: Global Duty Free and Travel Retail Market- By Ferries, By Value (USD Million), 2016-2026
Figure 10: Global Duty Free and Travel Retail Market- By Airlines, By Value (USD Million), 2016-2026
Figure 11: Global Duty Free and Travel Retail Market- By Product, Market Share, 2020 & 2026
Figure 12: Global Duty Free and Travel Retail Market- By Wines & Spirits, (USD Million), 2016-2026
Figure 13: Global Duty Free and Travel Retail Market- By Fashion & Accessories, (USD Million), 2016-2026
Figure 14: Global Duty Free and Travel Retail Market- By Fragrances & Cosmetics, (USD Million), 2016-2026
Figure 15: Global Duty Free and Travel Retail Market- By Tobacco Goods, (USD Million), 2016-2026
Figure 16: Global Duty Free and Travel Retail Market- By Others, (USD Million), 2016-2026
Figure 17: Global Duty Free and Travel Retail Market- By Region Market Share, 2020 & 2026
Figure 18: North America Duty Free and Travel Retail Market Size, By Value, 2016-2026 (USD Million)
Figure 19: North America Urban Population (% of Total) (2016-2020)
Figure 20: North America Per Capita GDP (USD Thousand) 2015-2019
Figure 21: North America Millennial Population (2016-2020) In Millions
Figure 22: North America Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 23: North America Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 24: Market Opportunity Chart of North America Duty Free and Travel Retail Market- By Country, By Value (Year-2026)
Figure 25: North America Duty Free and Travel Retail Market- By Country Market Share, 2020 & 2026
Figure 26: United States Duty Free and Travel Retail Market Size, By Value, 2016-2026 (USD Million)
Figure 27: US GDP Per Capita (current USD) 2016-2020
Figure 28: US Urban Population (% of total) 2016-2020
Figure 29: United States Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 30: United States Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 31: Canada Duty Free and Travel Retail Market Size, By Value, 2016-2026 (USD Million)
Figure 32: Canada Per capita (USD thousand), 2016-2020
Figure 33: Canada Urban Population (% of total), 2016-2020
Figure 34: Canada Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 35: Canada Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 36: Europe Duty Free and Travel Retail Size, By Value, 2016-2026 (USD Million)
Figure 37: European Union GDP Per capita (2016-2020) in USD Thousands
Figure 38: European Urban Population (% of total) (2016-2020)
Figure 39: Europe Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 40: Europe Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 41: Market Opportunity Chart of Europe Duty Free and Travel Retail Market- By Country, By Value (Year-2026)
Figure 42: Europe Duty Free and Travel Retail Market- By Country Market Share, 2020 & 2026
Figure 43: United Kingdom Duty Free and Travel Retail Market Size, By Value, 2016-2026 (USD Million)
Figure 44: United Kingdom Per Capita GDP (Current USD), 2016-2020
Figure 45: UK Urban Population 2016-2020 (% of total)
Figure 46: United Kingdom Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 47: United Kingdom Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 48: Germany Duty Free and Travel Retail Market Size, By Value, 2016-2026 (USD Million)
Figure 49: Expenditure by Germans on trips (2016-2020) In USD billion
Figure 50: Germany ‘s income from international travel (2016-2020) In USD Billion
Figure 51: Germany Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 52: Germany Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 53: Italy Duty Free and Travel Retail Market Size, By Value, 2016-2026 (USD Million)
Figure 54: Italy Urban Population (% of total)2016-2020
Figure 55: Spending of International Tourists in Italy 2016-2020 (In USD Billion)
Figure 56: Italy Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 57: Italy Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 58: France Duty Free and Travel Retail Size, By Value, 2016-2026 (USD Million)
Figure 59: France Urban Population (% of total) 2016-2020
Figure 60: France Annual Household Income Per Capita (USD Thousands)2016-2020
Figure 61: France Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 62: France Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 63: Asia Pacific Duty Free and Travel Retail Size, By Value, 2016-2026 (USD Million)
Figure 64: East Asia & Pacific GDP (Current USD Trillion) 2016-2020
Figure 65: East Asia & Pacific Urban Population (2016-2020) (% of total)
Figure 66: Asia-Pacific Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 67: Asia-Pacific Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 68: Market Opportunity Chart of APAC Duty Free and Travel Retail Market- By Country, By Value (Year-2026)
Figure 69: APAC Duty Free and Travel Retail Market- By Country Market Share, 2020 & 2026
Figure 70: China Duty Free and Travel Retail Market Size, By Value, 2016-2026 (USD Million)
Figure 71: China GDP Per Capita (Current USD Thousand) 2016-2020
Figure 72: China Urban Population (2016-2020) (% of total)
Figure 73: China Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 74: China Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 75: Japan Duty Free and Travel Retail Market Size, By Value, 2016-2026 (USD Million)
Figure 76: Japan Urban Population (2016-2020) (% of total)
Figure 77: Japan's Household Income per Capita (In Thousands) 2016-2020
Figure 78: Japan Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 79: Japan Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 80: India Duty Free and Travel Retail Size, By Value, 2016-2026 (USD Million)
Figure 81: India Urban Population (2016-2020) (% of total)
Figure 82: India GDP Per Capita (in thousands) 2015-2019
Figure 83: India Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 84: India Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 85: Australia Duty Free and Travel Retail Size, By Value, 2016-2026 (USD Million)
Figure 86: Australia International Tourism, Receipts (USD Billion) 2015-2019
Figure 87: Australia Urban Population (2016-2020) (% of total)
Figure 88: Australia Duty Free and Travel Retail Market- By Location, By Value (USD Million), 2016-2026
Figure 89: Australia Duty Free and Travel Retail Market- By Product, By Value (USD Million), 2016-2026
Figure 90: Market Attractiveness Chart of Global Duty Free and Travel Retail Market- By Location (Year-2026)
Figure 91: Market Attractiveness Chart of Global Duty Free and Travel Retail Market- By Product (Year-2026)
Figure 92: Market Attractiveness Chart of Global Duty Free and Travel Retail- By Region (Year-2026)
Figure 93: Market Share of Leading Companies in Global Duty Free and Travel Retail Market (%), 2020
Figure 94: Dufry Company, Sales Revenues, 2016-2020 (USD Million)
Figure 95: Dufry Company, Net Earning, 2016-2020 (USD Million)
Figure 96: Dufry Company, Revenues, By Geographical Segment (%), FY2019
Figure 97: Dufry Company, Revenues, By Business Segment (%), FY2019
Figure 98: WH Smith, Sales Revenues, 2016-2020 (USD Million)
Figure 99: WH Smith, Net Earning, 2016-2020 (USD Million)
Figure 100: WH Smith, Revenues, By Geographical Segment (%), FY2020
Figure 101: WH Smith, Revenues, By Geographical Segment (%), FY2019
Figure 102: B&M, Company Sales Revenues, 2016-2020 (USD Million)
Figure 103: B&M, Net Income, 2016-2020 (USD Million)
Figure 104: B&M, Revenues, By Business Segment (%), FY2020
Figure 105: B&M, Revenues, By Business Segment (%), FY2019
Figure 106: Kingfisher PLC, Sales Revenues, 2016-2020 (USD Million)
Figure 107: Kingfisher PLC, Net Income, 2016-2020 (USD Million)
Figure 108: Kingfisher PLC, Revenues, By Geographical Segment (%), FY2020
Figure 109: Kingfisher PLC, Revenues, By Geographical Segment (%), FY2019
Figure 110: Dublin Airport Authority, Sales Revenues, 2016-2020 (USD Million)
Figure 111: Dublin Airport Authority, Net Earnings, 2016-2020 (USD Million)
Figure 112: Dublin Airport Authority, sales Revenues, By Business Segment (%), FY2020
Figure 113: Dublin Airport Authority, sales Revenue, By Geographical Segment (%), FY2020
Figure 114: Japan Airport Terminal Co., Sales Revenues, 2016-2020 (USD Million)
Figure 115: Japan Airport Terminal Co., Net Profit, 2016-2020 (USD Million)
Figure 116: Japan Airport Terminal Co., Revenues, By Geographical Segment (%), FY2020
Figure 117: Japan Airport Terminal Co., Revenues, By Business Segment (%), FY2020
Figure 118: Tallink Group, Sales Revenues, 2016-2020 (USD Million)
Figure 119: Tallink Group, Net Profit, 2016-2020 (USD Million)
Figure 120: Tallink Group, Revenues, By Geographical Segment (%), FY2020
Figure 121: Tallink Group, Revenues, By Business Segment (%), FY2020


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