Global Duty-Free Retailing Market Size By Type (Fragrances & Cosmetics, Alcohol & Spirits, Fashion & Accessories, Tobacco Goods, Watches & Jewelry), By Distribution Channel (Airport, Onboard Aircraft, Ferries), By Geographic Scope And Forecast

Report ID: 1369|No. of Pages: 202

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Global Duty-Free Retailing Market Size By Type (Fragrances & Cosmetics, Alcohol & Spirits, Fashion & Accessories, Tobacco Goods, Watches & Jewelry), By Distribution Channel (Airport, Onboard Aircraft, Ferries), By Geographic Scope And Forecast

Report ID: 1369|Published Date: Jul 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

1…. Introduction. 11

1.1          Market Definition. 11

1.2          Market Segmentation. 12

1.3          Research Timelines. 13

1.4          Assumptions. 13

1.5          Limitations. 14

2…. Research Methodology. 15

2.1          Data Mining. 15

2.2          Secondary Research. 15

2.3          Primary Research. 15

2.4          Subject Matter Expert Advice. 15

2.5          Quality Check. 16

2.6          Final Review.. 16

2.7          Data Triangulation. 16

2.8          Bottom-Up Approach. 17

2.9          Top Down Approach. 17

2.10        Research Flow.. 18

2.11        Data Sources. 18

2.12        Primary Interviews. 19

2.12.1        Primary Interview Breakdown. 19

2.12.2        Primary Interviews Transcripts. 19

3…. Executive Summary. 20

3.1          Market Overview.. 20

3.2          Global Duty-Free Retailing Market 2017 V/S 2025. 21

3.3          Global Duty-Free Retailing Market Geographical Analysis. 22

3.4          Global Duty-Free Retailing Market, By Type (Usd Million) 23

3.5          Global Duty-Free Retailing Market, By Sales Channel (Usd Million) 24

3.6          Global Market Split 25

3.7          Country Cagrs, 2018 – 2025. 26

4…. Market Outlook. 27

4.1          Global Duty-Free Retailing Market Outlook. 27

4.2          Market Drivers. 28

4.2.1          Growing Global Travel And Tourism Activity. 28

4.2.2          Easy Access To Tax Free Quality Products. 29

4.3          Market Restraints. 29

4.3.1          Low Penetration Of Local Duty Free Retailers. 29

4.4          Market Opportunities. 30

4.4.1          Emergence Of Low Cost Airlines. 30

5…. Industry Trends. 31

5.1          Value Chain Analysis. 31

5.2          Porter’s Five Forces Analysis. 32

5.3          Regulatory Framework. 33

6…. Market, By Type. 34

6.1          Overview.. 34

6.2          Fragrances & Cosmetics. 35

6.3          Alcohol & Spirits. 35

6.4          Fashion & Accessories. 36

6.5          Tobacco Goods. 36

6.6          Watches & Jewellery. 36

6.7          Others. 36

7…. Market, By Sales Channel 37

7.1          Overview.. 37

7.2          Airport 38

7.3          Onboard Aircraft 38

7.4          Ferries. 39

7.5          Others. 39

8…. Market, By Geography. 40

8.1          Overview.. 40

8.2          North America. 42

8.2.1          U.S. 45

8.2.2          Canada. 46

8.2.3          Mexico. 47

8.3          Europe. 48

8.3.1          Germany. 51

8.3.2          Uk. 52

8.3.3          France. 53

8.4          Asia Pacific. 54

8.4.1          China. 57

8.4.2          Japan. 58

8.4.3          India. 59

8.5          Latin America. 60

8.5.1          Brazil 63

8.6          Rest Of The World. 64

9…. Company Landscape. 65

9.1          Company Market Share. 65

9.2          Vendor Landscape. 66

9.3          Key Development Strategies. 67

10. Company Profiles. 70
10.1        Dufry Ag. 70

10.1.1        Company Overview.. 70

10.1.2        Dufry Ag: Key Facts. 70

10.1.3        Financial Performance. 70

10.1.4        Product Benchmarking. 71

10.1.5        Swot Analysis: Dufry. 72

10.2        Lagardère Travel Retail Sas. 73

10.2.1        Company Overview.. 73

10.2.2        Lagardère Travel Retail Sas: Key Facts. 73

10.2.3        Financial Performance. 73

10.2.4        Product Benchmarking. 74

10.2.5        Swot Analysis: Lagardere Travel Retail Sas. 75

10.3        Lotte Df Global Co., Ltd. 76

10.3.1        Company Overview.. 76

10.3.2        Lotte Df Global Co., Ltd.: Key Facts. 76

10.3.3        Financial Performance. 76

10.3.4        Product Benchmarking. 77

10.3.5        Swot Analysis: Lotte Df Global Co., Ltd. 78

10.4        Lvmh Moët Hennessy Louis Vuitton S.E. 79

10.4.1        Company Overview.. 79

10.4.2        Lvmh Moët Hennessy Louis Vuitton S.E.: Key Facts. 79

10.4.3        Financial Performance. 80

10.4.4        Product Benchmarking. 81

10.4.5        Swot Analysis: Lvmh Moët Hennessy Louis Vuitton S.E. 81

10.5        Aer Rianta International 82

10.5.1        Company Overview.. 82

10.5.2        Aer Rianta International: Key Facts. 82

10.5.3        Product Benchmarking. 82

10.6        China Duty Free Group. 83

10.6.1        Company Overview.. 83

10.6.2        China Duty Free Group : Key Facts. 83

10.6.3        Product Benchmarking. 83

10.7        Dubai Duty Free. 84

10.7.1        Company Overview.. 84

10.7.2        Dubai Duty Free : Key Facts. 84

10.7.3        Product Benchmarking. 84

10.8        Duty Free Americas, Inc. 85

10.8.1        Company Overview.. 85

10.8.2        Duty Free Americas, Inc. : Key Facts. 85

10.8.3        Product Benchmarking. 85

10.9        Gebr. Heinemann Se & Co. Kg. 86

10.9.1        Company Overview.. 86

10.9.2        Gebr. Heinemann Se & Co. Kg: Key Facts. 86

10.9.3        Product Benchmarking. 86

10.10      Jr/ Duty Free. 87

10.10.1      Company Overview.. 87

10.10.2      Jr/ Duty Free: Key Facts. 87

10.10.3      Product Benchmarking. 87

10.11      King Power International Group. 88

10.11.1      Company Overview.. 88

10.11.2      King Power International Group: Key Facts. 88

10.11.3      Financial Performance. 88

10.11.4      Product Benchmarking. 89

10.12      The Shilla Duty Free. 90

10.12.1      Company Overview.. 90

10.12.2      The Shilla Duty Free: Key Facts. 90

10.12.3      Product Benchmarking. 90

10.13      Safilo. 91

10.13.1      Company Overview.. 91

10.13.2      Safilo: Key Facts. 91

10.13.3      Financial Performance. 91

10.13.4      Product Benchmarking. 92

11 KEY DEVELOPMENTS

11.1 Product Launches/Developments

11.2 Mergers and Acquisitions

11.3 Business Expansions

11.4 Partnerships and Collaborations

List Of Tables

Table 1           Global Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million) 35

Table 2           Global Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)        38

Table 3           Global Duty-Free Retailing Market, By Geography, 2016 – 2025 (Usd Million)   41

Table 4           North America Duty-Free Retailing Market, By Country, 2016 – 2025 (Usd Million)       43

Table 5           North America Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)            44

Table 6           North America Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)            44

Table 7           U.S. Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)     45

Table 8           U.S. Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million) 45

Table 9           Canada Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)          46

Table 10         Canada Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)      46

Table 11         Mexico Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)            47

Table 12         Mexico Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)        47

Table 13         Europe Duty-Free Retailing Market, By Country, 2016 – 2025 (Usd Million)       49

Table 14         Europe Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)            50

Table 15         Europe Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)       50

Table 16         Germany Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)         51

Table 17         Germany Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)    51

Table 18         Uk Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)       52

Table 19         Uk Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)   52

Table 20         France Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million) 53

Table 21         France Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)        53

Table 22         Asia Pacific Duty-Free Retailing Market, By Country, 2016 – 2025 (Usd Million)           55

Table 23         Asia Pacific Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)    56

Table 24         Asia Pacific Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)            56

Table 25         China Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)  57

Table 26         China Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)         57

Table 27         Japan Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million) 58

Table 28         Japan Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)         58

Table 29         India Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)   59

Table 30         India Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)           59

Table 31         Latin America Duty-Free Retailing Market, By Country, 2016 – 2025 (Usd Million)       61

Table 32         Latin America Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million) 62

Table 33         Latin America Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)            62

Table 34         Brazil Duty-Free Retailing Market, By Type, 2016 – 2025 (Usd Million)  63

Table 35         Brazil Duty-Free Retailing Market, By Sales Channel, 2016 – 2025 (Usd Million)          63

Table 36         Rest Of The World Duty-Free Retailing Market, By Application, 2016 – 2025 (Usd Million)            64

Table 37         Rest Of The World Duty-Free Retailing Market, By Touchpoint, 2016 – 2025 (Usd Million)            64

Table 38         Vendor Landscape    66

Table 39         Key Develpoment Strategies 67

Table 40         Dufry Ag: Key Facts    70

Table 41         Dufry Ag: Financial Performance      70

Table 42         Dufry Ag : Product Benchmarking    71

Table 43         Lagardère Travel Retail Sas: Key Facts       73

Table 44         Lagardère Travel Retail Sas: Financial Performance         73

Table 45         Lagardère Travel Retail Sas: Product Benchmarking         74

Table 46         Lotte Df Global Co., Ltd.: Key Facts  76

Table 47         Lotte Df Global Co., Ltd.: Financial Performance    76

Table 48         Lotte Df Global Co., Ltd. : Product Benchmarking  77

Table 49         Lvmh Moët Hennessy Louis Vuitton S.E.: Key Facts           79

Table 50         Lvmh Moët Hennessy Louis Vuitton S.E.: Financial Performance 80

Table 51         Lvmh Moët Hennessy Louis Vuitton S.E.: Product Benchmarking 81

Table 52         Aer Rianta International: Key Facts 82

Table 53         Aer Rianta International: Product Benchmarking  82

Table 54         China Duty Free Group : Key Facts   83

Table 55         China Duty Free Group : Product Benchmarking    83

Table 56         Dubai Duty Free : Key Facts  84

Table 57         Dubai Duty Free: Product Benchmarking    84

Table 58         Duty Free Americas, Inc. : Key Facts 85

Table 59         Duty Free Americas, Inc. : Product Benchmarking  85

Table 60         Gebr. Heinemann Se & Co. Kg: Key Facts   86

Table 61         Gebr. Heinemann Se & Co. Kg : Product Benchmarking    86

Table 62         Jr/ Duty Free : Key Facts       87

Table 63         Jr/ Duty Free : Product Benchmarking         87

Table 64         King Power International Group: Key Facts 88

Table 65         King Power International Group: Financial Performance   88

Table 66         King Power International: Product Benchmarking 89

Table 67         The Shilla Duty Free : Product Benchmarking        90

Table 68         Safilo Group: Financial Performance           91

Table 69         Safilo Group : Product Benchmarking         92

List Of Figures

Figure 1          Global Duty-Free Retailing Market Segmentation  12

Figure 2          Research Timelines   13

Figure 3          Data Triangulation    16

Figure 4          Market Research Flow           18

Figure 5          Data Sources  18

Figure 6          Primary Interviews Breakdown         19

Figure 7          Primary Interviews Transcripts         19

Figure 8          Global Duty-Free Retailing Market Overview           20

Figure 9          Global Duty-Free Retailing Market (Usd Million) 2017 V/S 2025 21

Figure 10        Global Duty-Free Retailing Market Geographical Analysis, 2017 22

Figure 11        Global Duty-Free Retailing Market, By Type, 2017 Vs 2025 (Usd Million)           23

Figure 12        Global Duty-Free Retailing Market, By Sales Channel, 2017 Vs 2025 (Usd Million)       24

Figure 13        Asia Pacific Dominated The Market In 2017          25

Figure 14        Cagr By Country, 2018 – 2025         26

Figure 15        Global Duty-Free Retailing Market Outlook 27

Figure 16        Global International Tourist Arrivals 2005-2030 (Billion)  28

Figure 17        Value Chain Analysis 31

Figure 18        Porter’s Five Forces Analysis 32

Figure 19        Global Duty-Free Retailing Market, By Type            34

Figure 20        Global Duty-Free Retailing Market, By Sales Channel       37

Figure 21        Global Duty-Free Retailing Market, By Geography, 2016 – 2025 (Usd Million)   41

Figure 22        North America Market Snapshot      42

Figure 23        North America Duty-Free Retailing Market Share, By Country, 2017       43

Figure 24        Europe Market Snapshot      48

Figure 25        Europe Duty-Free Retailing Market, By Country, 2017       49

Figure 26        Asia Pacific Market Snapshot          54

Figure 27        Asia Pacific Duty-Free Retailing Market, By Country, 2017           55

Figure 28        Latin America Market Snapshot      60

Figure 29        Latin America Duty-Free Retailing Market, By Country, 2017       61

Figure 30        Company Market Share Analysis     65

Figure 31        Dufry Ag Performance, Revenue 2015 – 2017 (Chf Million)           71

Figure 32        Swot Analysis: Dufry  72

Figure 33        Lagardère Travel Retail Sas Performance, Revenue 2015 – 2017 (Euro Million) 74

Figure 34        Swot Analysis: Lagardere Travel Retail Sas            75

Figure 35        Lotte Df Global Co., Ltd. Performance, Revenue 2015 – 2017 (Krw Million)        77

Figure 36        Swot Analysis: Lotte Df Global Co., Ltd.       78

Figure 37        Lvmh Moët Hennessy Louis Vuitton S.E. Performance, Revenue 2015-2017 (Euro Billion)            80

Figure 38        Swot Analysis: Lvmh Moët Hennessy Louis Vuitton S.E.    81

Figure 39        King Power International Group Performance, Revenue 2014-2016 (Euro Million)        89

Figure 40        Safilo Group Performance, Revenue 2015-2017 (Euro Million)    92

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

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