Duty-free Retailing Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, Japan, Germany, France - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 172 SKU: IRTNTR40625

Duty-free Retailing Market Forecast 2024-2028 

The Duty-free Retailing Market size is forecast to increase by USD 33.93 billion at a CAGR of 11.28% between 2023 and 2028. 

Several factors play a crucial role in the market's growth, such as the growing international tourism, the growing number of retail stores offering duty-free products, and the exemption of excise duty on premium products. The report provides market size, historical data spanning from 2018 - 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Market During the Forecast Period?

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Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Market Driver

Exemption of excise duty on premium products is notably driving the market growth. The Duty-Free Retailing market primarily thrives on the sales of a variety of premium products, especially luxury brands in fashion goods, accessories, hard luxury items, cosmetics, fragrances, and wines and spirits. In 2021, fashion apparel and accessories, along with cosmetics and perfumes, constituted about 40% of the total revenue in the global duty-free retailing market. Key international players like Dufry AG, Lotte Corp., and Lagardere SA are strategically expanding their product portfolio by introducing a broader range of luxury brands to cater to the increasing demand.

The exemption of excise and customs duty on duty-free products at airports, cruise lines, and international borders results in significantly lower prices, making these luxury items more affordable. This pricing strategy attracts a broader customer base, including price-sensitive customers, contributing to increased demand and enhanced Return on Investment (ROI). Moreover, the duty-free retail market is anticipated to witness further expansion, especially in international airports, as shopping behavior among tourists is expected to carry a preference for luxury items. The chains operating in duty-free retailing are likely to benefit from airport construction and expansion projects across various countries, fostering growth in the sales channel. Hence, such factors are driving the market growth during the forecast period.

Market Trends

A growing focus on enhancing the shopping experience of travelers is an emerging trend in the market. The global duty-free retailing market is experiencing a significant high fuelled by a growing emphasis on improving the shopping experience for travelers. In addition, duty-free retailers are increasingly investing in innovative strategies to elevate the overall shopping journey, catering to the preferences and expectations of modern travelers.

Moreover, one key trend is the adoption of cutting-edge technology and digital solutions to offer seamless and personalized shopping experiences. In addition, from mobile apps enabling pre-ordering options to interactive displays providing product information, these digital innovations are revolutionizing the way travelers engage with duty-free outlets. Furthermore, there is a noticeable shift toward creating aesthetically pleasing and experiential store environments that captivate travelers and encourage exploration. In addition, duty-free retailers are leveraging creative store designs, captivating displays, and immersive sensory experiences to create memorable shopping moments. Hence, such factors are driving the market growth during the forecast period.

Market Challenge

Restriction on baggage weight on flights is a major challenge hindering the market growth. The amount of luggage that passengers can carry on the flight is restricted by limitations and allowances by airlines all around the globe. In addition, this restriction on luggage weight on flights discourages passengers from purchasing more duty-free items. Furthermore, travelers are less likely to buy beer, food, or leather goods because these items add to their luggage's weight.

For instance, the traveler of economy class in Lufthansa Airlines can carry hand baggage of 17.64 pounds and check-in baggage of up to 50.71 pounds. Moreover, these restrictions hinder and discourage the sales opportunity for products such as alcohol as they are relatively heavier than the other product groups. Furthermore, the airlines impose extra luggage charges on duty-free products, which discourages shoppers from purchasing duty-free products at airports. Hence, such factors are hindering the market growth growth during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Aer Rianta International: The company offers duty free retailing solutions for cosmetics, liquor, tobacco, fashion, and confectionery through joint venture partnerships, airport partnerships, and brand partnerships.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 23 market companies, including:

  • 3Sixty Duty Free
  • Avolta AG
  • China international travel service co. LTD.
  • Delhi Duty Free Services Pvt. Ltd.
  • DFS Group Ltd.
  • Dubai Duty Free
  • Duty Free Americas Inc.
  • Duty Free Philippines Corp.
  • Ever Rich Duty Free Shop
  • Flemingo International
  • Gebr. Heinemann SE and Co. KG
  • Hyundai Department Store Group Co. Ltd.
  • James Richardson Group
  • Lagardere SA
  • Lotte Corp.
  • Mumbai Duty Free
  • SHINSEGAE INTERNATIONAL
  • The Shilla Duty free
  • Changi Airport Group Singapore Pte. Ltd.
  • Japan Airport Terminal Co. Ltd.
  • King Power Group
  • Qatar Airways

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

The cosmetics and perfumes segment is estimated to witness significant growth during the forecast period. The cosmetics and perfume segment is one of the main top three largest revenue generation segments of the global duty-free retailing market. In addition, the growing number of international travelers, increasing expenses and adoption of luxury shopping during travel, rising disposable income of middle-class travelers, and rapid urbanization are all attributable to the significant market share of cosmetics and perfumes in the duty-free-retailing market.

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The cosmetics and perfumes segment was the largest segment and was valued at USD 16.57 billion in 2018. Moreover, travelers in the APAC and Middle East region were the main contributors to the high sales growth of this segment. In addition, some of the top-selling cosmetic and perfume brands names include L'Oreal, Chanel, Christian Dior, Estee Lauder, and Guerlain. In addition, several companies operating in the global duty-free retailing market are expanding their market presence by opening retail stores and launching exclusive product lines for duty-free retail across the world. Thus, all these factors will play a crucial role in driving the growth of the cosmetics and perfumes segment of the global duty-free retailing market during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in APAC has been fuelled by sales from the airport distribution channel segment and was followed by the border, downtown, and hotel shops. In addition, some of the popular international airports in APAC with duty-free retail operations include Hong Kong International Airport, Jakarta Soekarno-Hatta International Airport, Bali Ngurah Rai International Airport, Medan Kualanamu International Airport, Singapore Changi Airport, Naha Airport, Saipan International Airport, and Chhatrapati Shivaji International Airport. Some popular cruise centers in this region include Singapore Cruise Centre, Tanah Merah, Singapore Cruise Centre, and HarbourFront. Moreover, the growing travel and tourism sector and the increasing number of new international connections are significantly driving the market for duty-free retailing in APAC. In addition, rising levels of urbanization and the emergence of low-cost carrier (LCC) flights are driving duty-free goods in the region. Furthermore, the introduction and growth of duty-free stores in international airports and seaports are also driving the growth of the market. Hence, such factors are driving the market growth in APAC during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Product Outlook 
    • Cosmetics and perfumes
    • Fashion apparel and accessories
    • Tobacco and alcoholic beverages
    • Confectionery and fine foods
  • Distribution Channel Outlook 
    • Airport
    • Border/downtown/hotel
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview


The market is intricately tied to the realms of aviation and travel-related industries. Recognized by organizations such as the Airports Council International (ACI), this market has been a focal point in discussions at events like the Global Aviation Summit. Governments, as seen in the case of India's Civil Aviation Ministry and the ambitious Dholera project, are actively participating in fostering this market's growth. With the airport expansion in various airport countries, these retailing chains include free alcohol with carry luxury and chains carry items. The dynamics of duty-free and travel retail are evolving, as indicated by the presence of luxury and premium brands in retail chains, involvement in major sports events like the UEFA Champions League, UEFA Euro, and Summer Olympics, and a burgeoning e-commerce travel retail sector. Fashion accessories, cosmetics from renowned brands like MAC and Armani, and the wines and spirits segment are key players in this vibrant market, creating a unique shopping experience for global travelers.
The market is a dynamic landscape, with significant players like Shenzhen Duty Free and Dubai Duty Free making substantial contributions. At airports like Shanghai Pudong International Airport and through initiatives such as Delhi DutyFree, this market has become a global phenomenon. With the airport expansion in various airport countries, these retailing chains include free alcohol with carry luxury and chains carry items The involvement of reputed organizations like the United Nations Children's Fund (UNICEF) reflects a commitment to social responsibility within the duty-free and travel retail market. Major sporting events, including the UEFA Summer Olympics, serve as platforms for the industry's prominence. As reported by Global Times, the market's growth is fueled by diverse offerings and strategies, positioning it as a key player in the global retail sector. With a continuous influx of international travelers seeking diverse products, the duty-free retailing market remains a crucial component of the global travel and tourism industry.

Duty-free Retailing Market Scope

Report Coverage

Details

Page number

172

Base year

2023

Historic period

 2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 11.28%

Market Growth 2024-2028

USD 33.93 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

13.77

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 43%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

3Sixty Duty Free, Aer Rianta International, Avolta AG, China international travel service co. LTD., Delhi Duty Free Services Pvt. Ltd., DFS Group Ltd., Dubai Duty Free, Duty Free Americas Inc., Duty Free Philippines Corp., Ever Rich Duty Free Shop, Flemingo International, Gebr. Heinemann SE and Co. KG, Hyundai Department Store Group Co. Ltd., James Richardson Group, Lagardere SA, Lotte Corp., Mumbai Duty Free, SHINSEGAE INTERNATIONAL, The Shilla Duty free, Changi Airport Group Singapore Pte. Ltd., Japan Airport Terminal Co. Ltd., King Power Group, and Qatar Airways

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global duty-free retailing market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global duty-free retailing market 2018 - 2022 ($ billion)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.3 Distribution Channel Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Cosmetics and perfumes - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Cosmetics and perfumes - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Cosmetics and perfumes - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Cosmetics and perfumes - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Cosmetics and perfumes - Year-over-year growth 2023-2028 (%)
    • 6.4 Fashion apparel and accessories - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Fashion apparel and accessories - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Fashion apparel and accessories - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Fashion apparel and accessories - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Fashion apparel and accessories - Year-over-year growth 2023-2028 (%)
    • 6.5 Tobacco and alcoholic beverages - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Tobacco and alcoholic beverages - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Tobacco and alcoholic beverages - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Tobacco and alcoholic beverages - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Tobacco and alcoholic beverages - Year-over-year growth 2023-2028 (%)
    • 6.6 Confectionery and fine foods - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Confectionery and fine foods - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Confectionery and fine foods - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Confectionery and fine foods - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Confectionery and fine foods - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Product
      • Exhibit 50: Market opportunity by Product ($ billion)
      • Exhibit 51: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by Distribution Channel

    • 7.1 Market segments
      • Exhibit 52: Chart on Distribution Channel - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Distribution Channel - Market share 2023-2028 (%)
    • 7.2 Comparison by Distribution Channel
      • Exhibit 54: Chart on Comparison by Distribution Channel
      • Exhibit 55: Data Table on Comparison by Distribution Channel
    • 7.3 Airport - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Airport - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Airport - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Airport - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Airport - Year-over-year growth 2023-2028 (%)
    • 7.4 Border/downtown/hotel - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Border/downtown/hotel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Border/downtown/hotel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Border/downtown/hotel - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Border/downtown/hotel - Year-over-year growth 2023-2028 (%)
    • 7.5 Others - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Distribution Channel
      • Exhibit 68: Market opportunity by Distribution Channel ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Distribution Channel ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 France - Market size and forecast 2023-2028
      • Exhibit 111: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Aer Rianta International
              • Exhibit 123: Aer Rianta International - Overview
              • Exhibit 124: Aer Rianta International - Product / Service
              • Exhibit 125: Aer Rianta International - Key offerings
            • 12.4 Avolta AG
              • Exhibit 126: Avolta AG - Overview
              • Exhibit 127: Avolta AG - Business segments
              • Exhibit 128: Avolta AG - Key offerings
              • Exhibit 129: Avolta AG - Segment focus
            • 12.5 China international travel service co. LTD.
              • Exhibit 130: China international travel service co. LTD. - Overview
              • Exhibit 131: China international travel service co. LTD. - Product / Service
              • Exhibit 132: China international travel service co. LTD. - Key offerings
            • 12.6 Delhi Duty Free Services Pvt. Ltd.
              • Exhibit 133: Delhi Duty Free Services Pvt. Ltd. - Overview
              • Exhibit 134: Delhi Duty Free Services Pvt. Ltd. - Product / Service
              • Exhibit 135: Delhi Duty Free Services Pvt. Ltd. - Key offerings
            • 12.7 DFS Group Ltd.
              • Exhibit 136: DFS Group Ltd. - Overview
              • Exhibit 137: DFS Group Ltd. - Product / Service
              • Exhibit 138: DFS Group Ltd. - Key offerings
            • 12.8 Dubai Duty Free
              • Exhibit 139: Dubai Duty Free - Overview
              • Exhibit 140: Dubai Duty Free - Product / Service
              • Exhibit 141: Dubai Duty Free - Key offerings
            • 12.9 Duty Free Americas Inc.
              • Exhibit 142: Duty Free Americas Inc. - Overview
              • Exhibit 143: Duty Free Americas Inc. - Product / Service
              • Exhibit 144: Duty Free Americas Inc. - Key offerings
            • 12.10 Ever Rich Duty Free Shop
              • Exhibit 145: Ever Rich Duty Free Shop - Overview
              • Exhibit 146: Ever Rich Duty Free Shop - Product / Service
              • Exhibit 147: Ever Rich Duty Free Shop - Key offerings
            • 12.11 Flemingo International
              • Exhibit 148: Flemingo International - Overview
              • Exhibit 149: Flemingo International - Product / Service
              • Exhibit 150: Flemingo International - Key offerings
            • 12.12 Gebr. Heinemann SE and Co. KG
              • Exhibit 151: Gebr. Heinemann SE and Co. KG - Overview
              • Exhibit 152: Gebr. Heinemann SE and Co. KG - Product / Service
              • Exhibit 153: Gebr. Heinemann SE and Co. KG - Key offerings
            • 12.13 Hyundai Department Store Group Co. Ltd.
              • Exhibit 154: Hyundai Department Store Group Co. Ltd. - Overview
              • Exhibit 155: Hyundai Department Store Group Co. Ltd. - Product / Service
              • Exhibit 156: Hyundai Department Store Group Co. Ltd. - Key offerings
            • 12.14 Japan Airport Terminal Co. Ltd.
              • Exhibit 157: Japan Airport Terminal Co. Ltd. - Overview
              • Exhibit 158: Japan Airport Terminal Co. Ltd. - Business segments
              • Exhibit 159: Japan Airport Terminal Co. Ltd. - Key offerings
              • Exhibit 160: Japan Airport Terminal Co. Ltd. - Segment focus
            • 12.15 King Power Group
              • Exhibit 161: King Power Group - Overview
              • Exhibit 162: King Power Group - Product / Service
              • Exhibit 163: King Power Group - Key offerings
            • 12.16 Lagardere SA
              • Exhibit 164: Lagardere SA - Overview
              • Exhibit 165: Lagardere SA - Business segments
              • Exhibit 166: Lagardere SA - Key offerings
              • Exhibit 167: Lagardere SA - Segment focus
            • 12.17 Lotte Corp.
              • Exhibit 168: Lotte Corp. - Overview
              • Exhibit 169: Lotte Corp. - Product / Service
              • Exhibit 170: Lotte Corp. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
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              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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