Consumer Goods

Airport Retail Trends in North America, 2012–2013

  • CAN99096
  • 158 Pages
  • August 2012
  • Consumer Goods
Synopsis
Airport Retail Trends in North America, 20122013 is a new report by Canadean that analyzes trends in airport retail and explores how opportunities and demand are set to change in 20122013. This report not only provides a comprehensive overview of customer visits and time spent at airport retail stores in 2012, but also showcases average expenditure. Additionally, it identifies average expenditure on food and beverages. This report identifies the product and purchasing trends at airport retail outlets, and the significance of websites in pre-planned purchases. In addition, this report outlines the key products that occupy the most airport retail space, and the survey analyzes the most popular products purchased by respondents at airport retail outlets. Furthermore, the report provides insight into the key drivers that help promote frequent visits and identifies the most important customer concerns in purchasing at duty-free outlets. The report also provides access to information categorized by age, gender, annual income, and travel frequency.
Scope
Project Trends.
Projects opinions and purchasing behaviors of travelers and examines their expectations of total expenditure in airport retail outlets and necessary developments for better consumer footfall.

Spend Activity.
Reveals the average expenditure of North American respondents per visit to duty-free and duty paid airport retail outlets.

Uncover Challenges.
Uncover key challenges and opportunities in shopping at duty-free and duty paid outlets and identify the key actions required to overcome the challenges.

Perceive growth outlook of pre-planned and impulsive buying behaviors.
Perceive the significance of pre-planned and impulsive buying behaviors at airport retail outlets.

Identify key product categories at airport retail outlets.
Identify key product categories that occupy the most airport retail space and recognize the most popular products purchased in the last six months at airport retail outlets.
Summary
Why was the report written?
This report is the result of an extensive survey drawn from Canadeans exclusive panel of North American respondents. This report provides the reader with a definitive analysis of trends in airport retail and explores how opportunities and demand are set to change in 20122013. Furthermore, this report not only grants access to the opinions and purchasing behaviors of travelers, but also examines their expectations of total expenditure in airport retail outlets and necessary developments for better consumer footfall. The report also provides access to information categorized by age, gender, annual income, and travel frequency.

What is the current market landscape and what is changing?
The average North American customer expenditure per visit to airport based duty-free and duty paid retail outlets is US$69 and US$44 respectively

What are the key drivers behind recent market changes?
Utilization of time, last minute gifts, and renowned brands at discounted prices as the most important motivational factors of purchases at airport retail stores.

What makes this report unique and essential to read?
Airport Retail Trends in North America, 20122013 is a new report by Canadean that analyzes consumer trends in airport retail and explores how opportunities and demand are set to change in 20122013. Furthermore, this report provides a comprehensive overview of consumer visits and time spent at airports retail stores in 2012 and reveals the average consumer expenditure at airport retail outlets, and also identifies average consumer expenditure on food and beverages. This report also identifies product and purchasing trends at airport retail outlets and the significance of websites in purchases, and the frequency of utilization of the shop and collect facility. In addition, this chapter outlines the key products which occupy the most airport retail space, and the survey analyzes the most popular products purchased by the consumers at airport retail outlets. Furthermore, the report provides insight into the key drivers that help promote frequent visits and identifies the most important consumer concerns for purchasing at duty-free outlets. This report not only grants access to the opinions and behaviors of consumer respondents, but also examines their actions surrounding business priorities. The report also provides access to information categorized by age, gender, annual income, and travel frequency.
ReasonsToBuy
In total, 36% of purchases at duty-free airport retail stores were "pre-planned", while 64% of purchases were "impulsive".
Overall, North American respondents declared that in the last six months, 36% of their purchases at duty-free airport retail stores were "pre-planned", while 64% of purchases were "impulsive".

66% of overall purchases made at duty paid airport retail outlets are "impulsive".
In total, 66% of their overall purchases made at duty paid airport retail outlets turned out to be "impulsive", whereas the remaining 34% constituted "pre-planned" purchases.

"Food, beverages and tobacco", "books, news and stationery", "perfumes, cosmetics and personal care" and "apparel, accessories and luxury goods" were the leading product categories.
North American respondents identified "food, beverages and tobacco", "books, news and stationery", "perfumes, cosmetics and personal care" and "apparel, accessories and luxury goods" as the leading product categories that occupy the most airport retail space.

"Perfumes, cosmetics and personal care", "tobacco", and "alcoholic beverages" were leading products from "duty free" products.
Respondents purchased "perfumes, cosmetics and personal care", "tobacco" and "alcoholic beverage" products more from "duty-free" airport retail shops in the last six months.

"Printed media", "stationery and cards", and "music and video" were the key products purchased from "duty paid" shops
In total, 95%, 89%, and 87% of North American respondents identified "printed media", "stationery and cards", and "music and video" respectively as key products purchased from "duty paid" shops.
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