Duty Free Retailing Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Duty Free Retailing market size is projected to reach US$ 152490 million by 2027, from US$ 62840 million in 2019, at a CAGR of 13% during 2021-2027.

A duty-free store (or store) is a retail store that is exempt from certain local or national taxes and tariffs on the condition that the goods sold must be sold to travelers who will take them abroad. Products that can be sold duty-free depend on the jurisdiction, the method of sale, the calculation of the tariff or the procedure for the refund of the tariff component.

The following players are covered in this report:

• Dufry
• Lagardère Travel Retail
• Lotte Duty Free
• LVMH
• Aer Rianta International (ARI)
• China Duty Free Group
• Dubai Duty Free
• Duty Free Americas
• Gebr. Heinemann

Duty Free Retailing Breakdown Data by Type

• Cosmetics & Personal Care Products
• Alcohol, Wine and Spirits
• Tobacco & Cigarettes
• Fashion & Luxury Goods
• Confectionery & Food Stuff
• Others

Duty Free Retailing Breakdown Data by Application

• Airports
• Onboard Aircraft
• Seaports
• Train Stations
• Others

Scope of the Report

The research study analyzes the global Duty Free Retailing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Duty Free Retailing Market Report

1. What was the Duty Free Retailing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Duty Free Retailing Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Duty Free Retailing Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.