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Duty Free Retailing Market

Published Aug 01, 2025
Length 123 Pages
SKU # CMI20399522

Description

Duty free retail shops have helped airports to generate greater revenues all over the world and thereby reduced the landing fees the airports charge to airlines. In turn, it has helped airlines to keep lower ticket prices that has benefited travelers of the airlines. Revenue generated by the airport retail stores can also be utilized for infrastructure development as airports need continuous up-gradation. For instance, according to Airports Council International-North America, America’s airports would require more than USD 128 billion in infrastructure upgrades by 2023.

Market Dynamics

By product type, duty free wines & spirits segment is expected to gain major traction, and this is owing to increasing sales of wines & spirits in duty free stores as government bodies do not impose any tax on alcoholic products bought from duty free shops. Moreover, companies are launching new liquor products at duty free shops to attract more tourists. For instance, from April 2019, a Poland-made spirit, Pravda Vodka, has been made available at Aer Rianta International’s ‘The Loop Duty Free New Zealand’, at Auckland Airport.

Among regions, Europe held a significant market share in 2022, owing to increasing number of travelers in the region. For instance, according to the Airports Council International, in 2018, Heathrow Airport (London), Charles de Gaulle Airport (Paris), Amsterdam Airport Schiphol (The Netherlands), and Frankfurt Airport (Germany) were ranked among the world’s top 15 busiest airports by passenger traffic.

Key features of the study
  • This report provides in-depth analysis of duty free retailing market and provides market size (USD Bn) and Cumulative Annual Growth Rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year.
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
  • It profiles leading players in the global Duty Free Retailing market based on the following parameters–company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
  • Key companies covered as a part of this study include, Dufry AG, LOTTE Duty Free Company, DFS Group Limited, Gebr. Heinemann SE & Co. KG, The Shilla Duty Free, The King Power International Group, James Richardson Corporation Pty Ltd., Duty Free Americas, Inc., Flemingo International Ltd., Dubai Duty Free, and China Duty Free Group Co., Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make an informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics.
  • The global duty free retailing market report caters to various stakeholders in this industry including investors, suppliers, duty free retailing market players, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the duty free retailing market.
Market Segmentation
  • Global Duty Free Retailing Market, By Product Type
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • Global Duty Free Retailing Market, By Sales Channels
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Global Duty Free Retailing Market, By Geography
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key companies
  • Dufry AG
  • LOTTE Duty Free Company
  • DFS Group Limited
  • Heinemann SE & Co. KG
  • The Shilla Duty Free
  • The King Power International Group
  • James Richardson Corporation Pty Ltd.
  • Duty Free Americas, Inc.
  • Flemingo International Ltd.
  • Dubai Duty Free
  • China Duty Free Group Co., Ltd.

Table of Contents

123 Pages
1. Research Objective and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Sales Channel
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
New Product Approvals/Launch
Promotion and Marketing Initiatives
Cost Tier Down Analysis
4. Global Duty Free Retailing Market, By Product Type, 2020- 2032 (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Fragrances & Cosmetics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Wines & Spirits
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Fashion & Accessories
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Tobacco
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Watches & Jewelry
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Confectionary & Fine Foods
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Electronics, Gifts & Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
5. Global Duty Free Retailing Market, By Sales Channel, 2020- 2032 (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Airport Shops
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Ferries
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Airlines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Other Shops
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
6. Global Duty Free Retailing Market, By Region, 2020- 2032 (USD Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Regions, 2021 - 2032
North America
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
U.S.
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Canada
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Mexico
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Europe
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
U.K.
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Germany
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Italy
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
France
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Russia
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Rest of Europe
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Asia Pacific
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
China
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
India
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Japan
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
ASEAN
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Australia
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
South Korea
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Rest of Asia Pacific
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
South America
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
Brazil
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Argentina
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Rest of South America
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Middle East
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
GCC
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Rest of Middle East
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Africa
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2032
Northern Africa
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Southern Africa
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
Rest of Africa
Country Trends
Market Size and Forecast, By Product Type, 2020- 2032 (USD Bn)
Market Size and Forecast, By Sales Channel, 2020- 2032 (USD Bn)
7. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Dufry AG
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
LOTTE Duty Free Company
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
DFS Group Limited
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Gebr. Heinemann SE & Co. KG
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
The King Power International Group
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
The Shilla Duty Free
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
James Richardson Corporation Pty Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Duty Free Americas, Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Flemingo International Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Dubai Duty Free
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
China Duty Free Group Co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
8. Section
References
Research Methodology
About us and Sales Contact
How Do Licenses Work?
Head shot

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