Travel Retail Market Size, Share & Trends Analysis Report By Channel (Down Town & Hotel Shops, Airports), By Product (Wine & Spirit, Fashion & Accessories, Perfume & Cosmetics), And Segment Forecasts, 2018 - 2025

Published: Dec, 2018 | Pages: 143 | Publisher: Grand View Research
Industry: Travel Services | Report Format: Electronic (PDF)

The global travel retail market size is expected to reach USD 128.80 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to expand at a strong CAGR of 8.7% over the forecast years. Rapidly expanding retail and travel and tourism industry along with increasing per capita income levels is expected to drive the market growth. Different retail channels help in improving the retail experience of the passengers while contributing to economic growth.

The airport retail segment is expected to gain traction over the forecast period and is expected to reach over USD 91.75 billion by 2025. On the basis of products, perfume & cosmetics segment held a significant share of the market in 2017. Driven by the rising demand for branded cosmetics, such as makeup and skin care products, which are available discounted rates at the duty-free stores, the segment is projected to expand further.

The travel retail industry is focusing on enhancing customer experience and use data to provide customers an integrated experience. For example, Kuala Lumpur International Airport has integrated big data platform deployed for its KLIA2 terminal. This platform will extract passenger's real-time location throughout the airport for real-time status check, travel plans, and so on.

Further key findings from the study suggest:

•  The global market accounted for USD 67.3 billion in 2017 and is expected to register a CAGR of 8.7% from 2018 to 2025

•  Increasing number of international travelers across the globe is expected to boost the market growth

•  The perfume & cosmetics segment is anticipated to witness the highest CAGR of 9.9% followed by the fashion & accessories segment over the forecast period

•  Asia Pacific is anticipated to be the fastest-growing regional market due to increasing disposal income levels and expanding travel industry in the region

•  Key companies in the global travel retail market include Shilla DFS, Lagardre Group, Lotte Corp., Heinemann, and Dufry AG

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Information Procurement
                 1.2 Purchased Database
                     1.2.1 GVR's internal database
                 1.3 Research Methodology
                 1.4 Research Scope and Assumptions
                 1.5 List to Data Sources
                 1.6 List of Abbreviations
Chapter 2 Executive Summary
Chapter 3 Market Definitions
                 3.1 Market Segmentation
Chapter 4 Industry Outlook
                 4.1 Market Snapshot
                 4.2 Global Travel Retail Market
                     4.2.1 Global Travel Retail Market, 2015 - 2025 (USD Million)
                 4.3 Regional Business Analysis
                     4.3.1 Global Travel Retail Market, By Region, 2015 - 2025 (USD Million)
                 4.4 Product Business Analysis
                     4.4.1 Global Travel RetailMarket, by Product, 2015 - 2025 (USD Million)
                 4.5 Channel Business Analysis
                     4.5.1 Global Travel Retail Market, By Channel, 2015 - 2025 (USD Million)
                 4.7 Value Chain Analysis
                 4.8 Market Variable Analysis
                     4.8.1 Driver
                     4.8.2 Restraint
                 4.9 Business Environment Analysis Tool
                     4.9.1 Travel Retail Market PEST analysis
                     4.9.2 Travel Retail Market Porter's Analysis
                 4.10 Penetration & Growth Prospect Mapping
Chapter 5 Travel Retail Market: Product Segment Analysis
                 5.1 Perfume & Cosmetics
                     5.1.1 Perfume & Cosmetics Market, 2015 - 2025 (USD Million)
                 5.2 Confectionery & Fine Food
                     5.2.1 Confectionery & Fine Food Market, 2015 - 2025 (USD Million)
                 5.3 Wine & Spirit
                     5.3.1 Wine & Spirit Market, 2015 - 2025 (USD Million)
                 5.4 Fashion & Accessories
                     5.4.1 Fashion & Accessories Market, 2015 - 2025 (USD Million)
                 5.5 Electronics
                     5.5.1 Electronics Market, 2015 - 2025 (USD Million)
                 5.6 Tobacco
                     5.6.1 Tobacco Market, 2015 - 2025 (USD Million)
                 5.7 Others
                     5.7.1 Tobacco Market, 2015 - 2025 (USD Million)
Chapter 6 Travel Retail Market: Channel Segment Analysis
                 6.1 Airports
                     6.1.1 AirportsMarket, 2015 - 2025 (USD Million)
                 6.2 Cruise Lines
                     6.2.1 Cruise Lines Market, 2015 - 2025 (USD Million)
                 6.3 Border, Down Town & Hotel shops
                     6.3.1 Border, Down Town & Hotel shops Market, 2015 - 2025 (USD Million)
                 6.4 Railway Stations & Others 
                     6.4.1 Railway Stations & Others, 2015 - 2025 (USD Million)
Chapter 7 Travel Retail Market: Regional Outlook
                 7.1 North America
                     7.1.1 North America Travel Retail Market, By Country, 2015 - 2025 (USD Million)
                     7.1.2 North America Travel Retail Market, By product, 2015 - 2025 (USD Million)
                     7.1.3 North America Travel Retail Market, By Channel, 2015 - 2025 (USD Million)
                     7.1.4 U.S.
                         7.1.4.1 U.S.travel retail market, by product, 2015 - 2025 (USD Million)
                         7.1.4.2 U.S.travel retail market, by channel, 2015 - 2025 (USD Million)
                     7.1.5 Canada
                         7.1.5.1 Canada travel retail market, by product, 2015 - 2025 (USD Million)
                         7.1.5.2 Canada travel retail market, by channel, 2015 - 2025 (USD Million)
                 7.2 Europe
                     7.2.1 Europe Travel Retail Market, By Country, 2015 - 2025 (USD Million)
                     7.2.2 Europe Travel Retail Market, by product, 2015 - 2025 (USD Million)
                     7.2.3 Europe Travel Retail Market, By Channel, 2015 - 2025 (USD Million)
                     7.2.4 U.K.
                         7.2.4.1 U.K. travel retail market, by product, 2015 - 2025 (USD Million)
                         7.2.4.2 U.K. travel retail market, by channel, 2015 - 2025 (USD Million)
                     7.2.5 Germany
                         7.2.5.1 Germany travel retail market, by product, 2015 - 2025 (USD Million)
                         7.2.5.2 Germany travel retail market, by channel, 2015 - 2025 (USD Million)
                 7.3 Asia Pacific
                     7.3.1 Asia Pacific Travel Retail Market, By Country, 2015 - 2025 (USD Million)
                     7.3.2 Asia Pacific Travel Retail Market, by product, 2015 - 2025 (USD Million)
                     7.3.3 Asia Pacific Travel Retail Market, By Channel, 2015 - 2025 (USD Million)
                     7.3.4 China
                         7.3.4.1 China travel retail market, by product, 2015 - 2025 (USD Million)
                         7.3.4.2 China travel retail market, by channel, 2015 - 2025 (USD Million)
                     7.3.5 India
                         7.3.5.1 India travel retail market, by product, 2015 - 2025 (USD Million)
                         7.3.5.2 India travel retail market, by channel, 2015 - 2025 (USD Million)
                     7.3.6 Japan
                         7.3.6.1 Japan travel retail market, by product, 2015 - 2025 (USD Million)
                         7.3.6.2 Japan travel retail market, by channel, 2015 - 2025 (USD Million)
                 7.4 Latin America
                     7.4.1 Latin America Travel Retail Market, By Country, 2015 - 2025 (USD Million)
                     7.4.2 Latin America travel retail market, by product, 2015 - 2025 (USD Million)
                     7.4.3 Latin America travel retail market, by channel, 2015 - 2025 (USD Million)
                     7.4.4 Brazil
                         7.4.4.1 Brazil travel retail market, by product, 2015 - 2025 (USD Million)
                         7.4.4.2 Brazil travel retail market, by channel, 2015 - 2025 (USD Million)
                     7.4.5 Mexico
                         7.4.5.1 Mexico travel retail market, by product, 2015 - 2025 (USD Million)
                         7.4.5.2 Mexico travel retail market, by channel, 2015 - 2025 (USD Million)
                 7.5 MEA
                     7.5.1 MEA Travel Retail Market, By Product, 2015 - 2025 (USD Million)
                     7.5.2 MEA Travel Retail Market, By Channel, 2015 - 2025 (USD Million)
Chapter 8 Company Profile
                 8.1 Aer Rianta International
                     8.1.1 Company overview
                     8.1.2 Financial performance
                     8.1.3 Product benchmarking
                     8.1.4 Recent developments
                 8.2 China Duty Free Group
                     8.2.1 Company overview
                     8.2.2 Financial performance
                     8.2.3 Product benchmarking
                     8.2.4 Recent developments
                 8.3 DFS
                     8.3.1 Company overview
                     8.3.2 Financial performance
                     8.3.3 Product benchmarking
                     8.3.4 Recent developments
                 8.4 Dubai Duty Free
                     8.4.1 Company overview
                     8.4.2 Financial performance
                     8.4.3 Product benchmarking
                     8.4.4 Recent developments
                 8.5 Dufry AG
                     8.5.1 Company overview
                     8.5.2 Financial performance
                     8.5.3 Product benchmarking
                     8.5.4 Recent developments
                 8.6 Duty Free Americas
                     8.6.1 Company overview
                     8.6.2 Financial performance
                     8.6.3 Product benchmarking
                     8.6.4 Recent developments
                 8.7 Flemingo International
                     8.7.1 Company overview
                     8.7.2 Financial performance
                     8.7.3 Product benchmarking
                     8.7.4 Recent developments
                 8.8 Gebr. Heinemann
                     8.8.1 Company overview
                     8.8.2 Financial performance
                     8.8.3 Product benchmarking
                     8.8.4 Recent developments
                 8.9 James Richardson Group
                     8.9.1 Company overview
                     8.9.2 Financial performance
                     8.9.3 Product benchmarking
                     8.9.4 Recent developments
                 8.10 King Power International
                     8.10.1 Company overview
                     8.10.2 Financial performance
                     8.10.3 Product benchmarking
                     8.10.4 Recent developments
                 8.11 Lagardre group
                     8.11.1 Company overview
                     8.11.2 Financial performance
                     8.11.3 Product benchmarking
                     8.11.4 Recent developments
                 8.12 Lotte
                     8.12.1 Company overview
                     8.12.2 Financial performance
                     8.12.3 Product benchmarking
                     8.12.4 Recent developments
                 8.13 Qatar Duty Free
                     8.13.1 Company overview
                     8.13.2 Financial performance
                     8.13.3 Product benchmarking
                     8.13.4 Recent developments
                 8.14 Shilla Duty Free
                     8.14.1 Company overview
                     8.14.2 Financial performance
                     8.14.3 Product benchmarking
                     8.14.4 Recent developments

List of Tables

Table 1 List of Abbreviation
Table 2 Global travel retail market, 2015 - 2025 (USD Million)
Table 3 Travel retail market, by region, 2015 - 2025 (USD Million)
Table 4 Travel retail market, by product , 2015 - 2025 (USD Million)
Table 5 Travel retail market, by channel, 2015 - 2025 (USD Million)
Table 6 Perfume & Cosmetics market, 2015 - 2025 (USD Million)
Table 7 Confectionery & Fine Food market, 2015 - 2025 (USD Million)
Table 8 Wine & Spirit market, 2015 - 2025 (USD Million)
Table 9 Electronics market, 2015 - 2025 (USD Million)
Table 10 Tobacco market, 2015 - 2025 (USD Million)
Table 11 Others market, 2015 - 2025 (USD Million)
Table 12 Airports market, 2015 - 2025 (USD Million)
Table 13 Cruise Lines market, 2015 - 2025 (USD Million)
Table 14 Border, Down Town & Hotel shops market, 2015 - 2025 (USD Million)
Table 15 Railway Stations & Others market, 2015 - 2025 (USD Million)
Table 16 North America Travel Retail market, by country, 2015 - 2025 (USD Million)
Table 17 North America Travel Retail market, by products, 2015 - 2025 (USD Million)
Table 18 North America Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 19 U.S. Travel Retail market, by product, 2015 - 2025 (USD Million)
Table 20 U.S. Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 21 Canada Travel Retail market, by product, 2015 - 2025 (USD Million)
Table 22 Canada Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 23 Europe Travel Retail market, by country, 2015 - 2025 (USD Million)
Table 24 Europe Travel Retail market, by products, 2015 - 2025 (USD Million)
Table 25 Europe Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 26 U.K. Travel Retail market, by product, 2015 - 2025 (USD Million)
Table 27 U.K. Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 28 Germany Travel Retail market, by product, 2015 - 2025 (USD Million)
Table 29 Germany Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 30 APAC Travel Retail market, by country, 2015 - 2025 (USD Million)
Table 31 APAC Travel Retail market, by products, 2015 - 2025 (USD Million)
Table 32 APAC Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 33 China Travel Retail market, by product, 2015 - 2025 (USD Million)
Table 34 China Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 35 Japan Travel Retail market, by product, 2015 - 2025 (USD Million)
Table 36 Japan Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 37 India Travel Retail market, by product, 2015 - 2025 (USD Million)
Table 38 India Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 39 Latin America Travel Retail market, by country, 2015 - 2025 (USD Million)
Table 40 Latin America Travel Retail market, by products, 2015 - 2025 (USD Million)
Table 41 Latin America Travel Retail market, By Channel, 2015 - 2025 (USD Million)
Table 42 Brazil Travel Retail market, by product, 2015 - 2025 (USD Million)
Table 43 Brazil Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 44 Mexico Travel Retail market, by product, 2015 - 2025 (USD Million)
Table 45 Mexico Travel Retail market, by channel, 2015 - 2025 (USD Million)
Table 46 MEA Travel Retail market, by country, 2015 - 2025 (USD Million)
Table 47 MEA Travel Retail market, by products, 2015 - 2025 (USD Million)
Table 48 MEA Travel Retail market, by channel, 2015 - 2025 (USD Million)

List of Figures

Fig. 1 Travel retail market segmentation
Fig. 2 Travel retail market snapshot
Fig. 3 Global travel retail market revenue, 2015 - 2025 (USD Million)
Fig. 4 Travel retail market, by product, 2015 - 2025 (USD Million)
Fig. 5 Travel retail market, by channel, 2015 - 2025 (USD Million)
Fig. 6 Travel retail market, by region, 2015 - 2025 (USD Million)
Fig. 7 Travel retail market: Value chain 
Fig. 8 Travel retail market: PEST analysis
Fig. 9 Travel retail market: Porters analysis
Fig. 10 Travel retail market: Penetration & growth prospect mapping
Fig. 11 Travel retail market: Product segment
Fig. 12 Travel retail market: Channel segment
Fig. 13 Travel retail market:Regional segment