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Duty Free Retailing Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Duty Free Retailing Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

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 US$ 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 2018, 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 and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 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
Detailed 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.
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Canada
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Mexico
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Europe
  • U.K.
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Germany
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Italy
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • France
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Russia
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Rest of Europe
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Asia Pacific
  • China
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • India
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Japan
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • ASEAN
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Australia
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • South Korea
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Rest of Asia Pacific
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • South America
  • Brazil
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Argentina
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Rest of South America
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Middle East
  • GCC
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Rest of Middle East
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Africa
  • Northern Africa
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Southern Africa
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Rest of Africa
  • By Product Type:
  • Fragrances & Cosmetics
  • Wines & Spirits
  • Fashion & Accessories
  • Tobacco
  • Watches & Jewelry
  • Confectionary & Fine Foods
  • Electronics, Gifts, & Others
  • By Sales Channels:
  • Airport Shops
  • Ferries
  • Airlines
  • Others
  • Company Profiles
  • Dufry AG *
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments
  • Future Plans
  • 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
  • China Duty Free Group Co., Ltd
“*” marked represents similar segmentation in other categories in the respective section.


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
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, 2017- 2027 (US$ Billion)
Introduction
Market Share Analysis, 2018 and 2027 (%)
Y-o-Y Growth Analysis, 2019 - 2027
Segment Trends
Fragrances & Cosmetics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
Wines & Spirits
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
Fashion & Accessories
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
Tobacco
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
Watches & Jewelry
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
Confectionary & Fine Foods
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
Electronics, Gifts & Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
5. Global Duty Free Retailing Market, By Sales Channel, 2017- 2027 (US$ Billion)
Introduction
Market Share Analysis, 2018 and 2027 (%)
Y-o-Y Growth Analysis, 2019 - 2027
Segment Trends
Airport Shops
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
Ferries
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
Airlines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
Other Shops
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
6. Global Duty Free Retailing Market, By Region, 2017- 2027 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2017 and 2026 (%)
Y-o-Y Growth Analysis, For Regions, 2018 - 2026
North America
Market Share Analysis, By Country, 2018 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
U.S.
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Canada
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Mexico
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Europe
Market Share Analysis, By Country, 2018 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
U.K.
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Germany
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Italy
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
France
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Russia
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Rest of Europe
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Asia Pacific
Market Share Analysis, By Country, 2018 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
China
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
India
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Japan
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
ASEAN
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Australia
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
South Korea
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Rest of Asia Pacific
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
South America
Market Share Analysis, By Country, 2018 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
Brazil
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Argentina
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Rest of South America
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Middle East
Market Share Analysis, By Country, 2018 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
GCC
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Rest of Middle East
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Africa
Market Share Analysis, By Country, 2018 and 2027 (%)
Y-o-Y Growth Analysis, By Country, 2019 - 2027
Northern Africa
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Southern Africa
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
Rest of Africa
Country Trends
Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion)
Market Size and Forecast, By Sales Channel, 2017- 2027 (US$ Billion)
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
* Browse 24 market data tables* and 12 figures* on "Duty Free Retailing Market” - Global forecast to 2027.

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