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Travel Retail Market Growth, Size, Trends Analysis - By Product, By Distributional Channel -Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published Jan 20, 2025
Length 245 Pages
SKU # SPER19635544

Description

Travel Retail Market Introduction and Overview

According to SPER market research, ‘Global Travel Retail Market Size- By Product, By Distributional Channel -Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Travel Retail Market is predicted to reach 190.16 billion by 2034 with a CAGR of 9.65%.

Travel retail is the selling of goods and services to tourists at locations such as border shops, rail stations, airports, and cruise terminals. Even before travelers arrive at their destination, they act as microcosms of the area, offering locally produced goods and fostering a feeling of place. Furthermore, the arrival of luxury goods has completely changed the duty-free shopping experience. International luxury firms have realized that airport and travel retail spaces are excellent venues for showcasing their goods.

Restraints:The sector is being hampered by shifting international travel trends brought on by geopolitical and economic concerns. The high cost of these goods limits their sales to lower-income groups and could impede market expansion. Additionally, currency exchange fluctuations caused by various political, economic, and market factors, such as inflation, interest rates, and recession, may have a negative impact on the growth of the retail travel industry. Regulatory barriers, such as disparate customs and duty rules across countries, complicate operations.

Scope of the Report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments covered

By Product, By Distributional Channel.

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.

Companies Covered

Aer Rianta International cpt, Avolta AG, China Duty Free Group Co. Ltd, Duty Free Americas, Gebr. Heinemann SE & Co. KG, Lagardere Travel Retail Group, Lotte Corporation, LVMH Moet Hennessy Louis Vuitton (DFS Group), The King Power International Group, The Shilla Duty Free.

Travel Retail Market Segmentation:

By Product:Based on the Product, Global Travel Retail Market is segmented as; Perfume and Cosmetics, Wines and Spirits, Fashion and Accessories, Tobacco Products, Electronics and Gifts, Food and Confectionery, Others.

By Distributional Channel:Based on the Distributional Channel, Global Travel Retail Market is segmented as; Airport and Airlines, Train Stations, Ferries, Others.

By Region:This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Table of Contents

245 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Travel Retail Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Travel Retail Market
7. Global Travel Retail Market, By Product (USD Million) 2021-2034
7.1. Perfume and Cosmetics
7.2. Wines and Spirits
7.3. Fashion and Accessories
7.4. Tobacco Products
7.5. Electronics and Gifts
7.6. Food and Confectionery
7.7. Others
8. Global Travel Retail Market, By Distributional Channel (USD Million) 2021-2034
8.1. Airport and Airlines
8.2. Train Stations
8.3. Ferries
8.4. Others
9. Global Travel Retail Market, (USD Million) 2021-2034
9.1. Global Travel Retail Market Size and Market Share
10. Global Travel Retail Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. Aer Rianta International cpt
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Avolta AG
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. China Duty Free Group Co. Ltd
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Duty Free Americas
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Gebr. Heinemann SE & Co. KG
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Lagardère Travel Retail Group
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Lotte Corporation
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. LVMH Moët Hennessy Louis Vuitton (DFS Group)
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. The King Power International Group
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. The Shilla Duty Free
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links

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