Title: solse1995 (1)
1Global Travel Retail Market Industry Trends and
Forecast to 2026
Global Travel Retail Market By Product Type
(Perfume Cosmetics Wine Spirits
Electronics Fashion Accessories Luxury Goods
Food, Confectionaries Catering Tobacco
Others) Sales Channel (Airport Cruise Liner
Railway Station Border, Downtown Hotel Shops
Others) Geography (North America South America
Europe Asia-Pacific Middle East and Africa)
Industry Trends and Forecast to 2026
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2Report Description
Global travel retail market is expected to rise
to an estimated value of USD 146.53 billion by
2026, registering a substantial CAGR in the
forecast period of 2019-2026. This rise in market
value can be attributed to the growing
availability of these retail shops in the
different applications such as hotels, greater
exposure in airports and waterways. Travel
retail also known as duty free is a sales process
consisting of commercialization of goods
pertaining to the different product categories.
This sales channel consists of goods that have
not had the taxation, excise applied on their
sale price and for sales to customers that are
travelers. The taxation depends on product
variation and also on the variety of regions that
it is being sold in. The goods available are also
limited to a certain quantity per individual.
3Major Key Players
- Some of the major players operating in this
market are - DFS Group Ltd.
- KING POWER International
- DubaiDutyFree.com
- China Duty Free Group Co.,Ltd.
- Gebr. Heinemann SE Co. KG
- Dufry
- Duty Free Americas, Inc.
- Lotte Duty Free
- Lagardère Travel Retail
- THE SHILLA DUTY FREE
- Flemingo
- JR/Group
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travel-retail-market
4Market Segmentation
- By Product Type (Perfume Cosmetics Wine
Spirits Electronics Fashion Accessories
Luxury Goods Food, Confectionaries Catering
Tobacco Others) - By Sales Channel (Airport Cruise Liner Railway
Station Border, Downtown Hotel Shops Others) - By Geography (North America South America
Europe Asia-Pacific Middle East and Africa)
Industry Trends and Forecast to 2026
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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