Travel Retail Global Market Report 2023 – By Produ Travel Retail Global Market Report 2023 – By Product Type (Perfume and Cosmetics, Wine and Spirit, Electronics, Luxury Goods, Food, Confectionery, and Catering, Tobacco, Other Products), By Channel (Airports, Cruise Lines, Border, Down Town and Hotel Shops, Railway Stations, Other Channels), By End Users (Children (less than 18 years old), Youth (18 30 years old), Middle aged (18 59 years old), The Elder (greater than 60 years old)) – Market Size, Trends, And Global Forecast 2023-2032 ...(expand)

The travel retail market consists of sales of travel retail by entities (organizations, sole traders, and partnerships) that refer to the business mainly revolving around airports, airplanes, cruise ships, and downtown duty-free stores. Travel retail products are sold during a travel environment where taxes and duties are payable, even during international travels. It is also referred to as the business of catering to shoppers while they are in transit. request a sample here

The travel retail market growth is aided by the growing number of international travellers. request a sample here

The travel retail market is expected to reach $111.02 billion in 2026 at a rate of 12.8%. request a sample here

The global travel retail market is segmented -
1) By Product Type: Perfume and Cosmetics, Wine and Spirit, Electronics, Luxury Goods, Food, Confectionery, and Catering, Tobacco, Others 2) By Channel: Airports, Cruise Lines, Border, Down Town and Hotel Shops, Railway Stations, Others 3) By End-User: Children (less than 18 years old), Youth (18-30 years old), Middle-Aged (30-59 years old), Elder (greater than 60 years old) request a sample here

Asia-Pacific was the largest region in the travel retail market in 2021. request a sample here.

Top competitors in the travel retail market are Aer Rianta international, China duty free group co.ltd., Dufry AG, Duty free americas Inc, Gebr. Heinemann se & co.kg, King power international, Lotte Hotel, Lagardère sca, The shilla duty free, DFS Group, Flemingo International, The Naunace Group, Dufry, Dubai Duty Free, James Richardson Group, Lotte, and Qatar Duty Free. request a sample here.

Major trends influencing the travel retail market include technological advancements. Data insights, such as advanced knowledge about the customer's arrival and destination, are being used by travel retailers to cater to specific needs. Staff and retail displays are designed to accommodate incoming passenger language and cultural sensitivity so that the right products are plainly visible to the right customers. request a sample here.

For detail on the future and current opportunities in the global travel retail market, request a sample here. request a sample here.

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