Duty-Free Retailing Market , by Product Type (Alcohol & Spirit, Tobacco & Cigarette, Fashion & Accessories, Personal Care & Cosmetic, Watches & Jewelry, And Others), by Distribution Channel (Airport, Seaport, Onboard and Others)Regional Outlook (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026
- RES4072098
- 200 Pages
- March 2020
- Consumer Goods
The duty-free retail market is one of the main contributors to the non-aeronautical income. Duty- retail stores are the shopping outlets where items are priced by exempting certain taxes for travelers within the airport or sea terminals. Duty-free retail stores market merchandise that differ in price due to various jurisdictions and specific laws that are enforced on the basis of measurement, restriction required and several other factors. A regular person would not be able to enter such stores; the person would need travel proof to reach the commercial area.
Increase in the number of tourists and lower prices of products are the major driving factors for the duty-free retailing market growth. The price at which the items are available in the duty-free retail store is expected to be the main driving force in the duty-free retail sector over the projected period as opposed to the general retail stores.
Government regulation is considered to hamper the growth of the duty-free retail market over the forecast period. Strict rules and regulations for introducing the latest product directly from the local suppliers and small and medium enterprises (SMEs) pose a barrier for the industry because such companies cannot afford to lease a store in duty-free retail shops.
On the basis of the type the market is segmented into Alcohol & Spirit, Tobacco & Cigarette, Fashion & Accessories, Personal Care & Cosmetic, Watches & Jewelry, and Others. The cosmetic and personal care product care type segment accounted for $24,141.7 million in 2018 and is predicted to grow by generating a revenue of $43,252.4 million by 2026.
On the basis of distribution channel, the market is segmented into airport, seaport, onboard and others. The airport distribution channel segment was $51,229.0 million in 2018 and is predicted to grow by generating a revenue of $98,323.5 million by 2026.
On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific market was $32,362.2 million in 2018 and is predicted grow by generating a revenue of $59,538.4 million by 2026.
The major competitors in the duty-free retailing market are Lagardère group, HYUNDAI DEPARTMENT STORE DUTY FREE, DUFRY AG, LOTTE HOTEL., China Duty Free Group Co.,Ltd., Dubai Duty Free, Aer Rianta International, SHINSEGAE DUTY FREE, LVMH and Duty Free Americ
1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters
1.4.1.Assumptions
1.4.2.Forecast parameters
1.5.Data sources
1.5.1.Primary
1.5.2.Secondary
2.Executive Summary
2.1.360° summary
2.2.Product trends
2.3.Distribution channel trends
3.Market overview
3.1.Market segmentation & definitions
3.2.Key takeaways
3.2.1.Top investment pockets
3.2.2.Top winning strategies
3.3.Porter’s five forces analysis
3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market
3.4.Market dynamics
3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities
3.5.Technology landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Pricing overview
3.8.1.By product
3.8.2.By Distribution channel
3.9.Market value chain analysis
3.9.1.Stress point analysis
3.9.2.Raw material analysis
3.9.3.Manufacturing process
3.9.4.Distribution channel analysis
3.9.5.Operating vendors
3.9.5.1.Raw material suppliers
3.9.5.2.Product manufacturers
3.9.5.3.Product distributors
3.10.Strategic overview
4.Lottery Market, by product
4.1.Alcohol & Spirit
4.1.1.Market size and forecast, by region, 2018-2026
4.1.2.Comparative market share analysis, 2018 & 2026
4.2.Tobacco & Cigarette
4.2.1.Market size and forecast, by region, 2018-2026
4.2.2.Comparative market share analysis, 2018 & 2026
4.3.Fashion & Accessories
4.3.1.Market size and forecast, by region, 2018-2026
4.3.2.Comparative market share analysis, 2018 & 2026
4.4.Personal Care & Cosmetic
4.4.1.Market size and forecast, by region, 2018-2026
4.4.2.Comparative market share analysis, 2018 & 2026
4.5.Watches & Jewelry
4.5.1.Market size and forecast, by region, 2018-2026
4.5.2.Comparative market share analysis, 2018 & 2026
4.6.Others
4.6.1.Market size and forecast, by region, 2018-2026
4.6.2.Comparative market share analysis, 2018 & 2026
5.Lottery Market, by Distribution channel
5.1.Airport
5.1.1.Market size and forecast, by region, 2018-2026
5.1.2.Comparative market share analysis, 2018 & 2026
5.2.Seaport
5.2.1.Market size and forecast, by region, 2018-2026
5.2.2.Comparative market share analysis, 2018 & 2026
5.3.Onboard
5.3.1.Market size and forecast, by region, 2018-2026
5.3.2.Comparative market share analysis, 2018 & 2026
5.4.Others
5.4.1.Market size and forecast, by region, 2018-2026
5.4.2.Comparative market share analysis, 2018 & 2026
6.Lottery Market, by region
6.1.North America
6.1.1.Market size and forecast, by product, 2018-2026
6.1.2.Market size and forecast, by distribution channel, 2018-2026
6.1.3.Market size and forecast, by country, 2018-2026
6.1.4.Comparative market share analysis, 2018 & 2026
6.1.5.U.S.
6.1.5.1.Market size and forecast, by product, 2018-2026
6.1.5.2.Market size and forecast, by distribution channel, 2018-2026
6.1.5.3.Comparative market share analysis, 2018 & 2026
6.1.6.Canada
6.1.6.1.Market size and forecast, by product, 2018-2026
6.1.6.2.Market size and forecast, by distribution channel, 2018-2026
6.1.6.3.Comparative market share analysis, 2018 & 2026
6.1.7.Mexico
6.1.7.1.Market size and forecast, by product, 2018-2026
6.1.7.2.Market size and forecast, by distribution channel, 2018-2026
6.1.7.3.Comparative market share analysis, 2018 & 2026
6.2.Europe
6.2.1.Market size and forecast, by product, 2018-2026
6.2.2.Market size and forecast, by distribution channel, 2018-2026
6.2.3.Market size and forecast, by country, 2018-2026
6.2.4.Comparative market share analysis, 2018 & 2026
6.2.5.Germany
6.2.5.1.Market size and forecast, by product, 2018-2026
6.2.5.2.Market size and forecast, by distribution channel, 2018-2026
6.2.5.3.Comparative market share analysis, 2018 & 2026
6.2.6.UK
6.2.6.1.Market size and forecast, by product, 2018-2026
6.2.6.2.Market size and forecast, by distribution channel, 2018-2026
6.2.6.3.Comparative market share analysis, 2018 & 2026
6.2.7.France
6.2.7.1.Market size and forecast, by product, 2018-2026
6.2.7.2.Market size and forecast, by distribution channel, 2018-2026
6.2.7.3.Comparative market share analysis, 2018 & 2026
6.2.8.Spain
6.2.8.1.Market size and forecast, by product, 2018-2026
6.2.8.2.Market size and forecast, by distribution channel, 2018-2026
6.2.8.3.Comparative market share analysis, 2018 & 2026
6.2.9.Italy
6.2.9.1.Market size and forecast, by product, 2018-2026
6.2.9.2.Market size and forecast, by distribution channel, 2018-2026
6.2.9.3.Comparative market share analysis, 2018 & 2026
6.2.10.Rest of Europe
6.2.10.1.Market size and forecast, by product, 2018-2026
6.2.10.2.Market size and forecast, by distribution channel, 2018-2026
6.2.10.3.Comparative market share analysis, 2018 & 2026
6.3.Asia Pacific
6.3.1.Market size and forecast, by product, 2018-2026
6.3.2.Market size and forecast, by distribution channel, 2018-2026
6.3.3.Market size and forecast, by country, 2018-2026
6.3.4.Comparative market share analysis, 2018 & 2026
6.3.5.China
6.3.5.1.Market size and forecast, by product, 2018-2026
6.3.5.2.Market size and forecast, by distribution channel, 2018-2026
6.3.5.3.Comparative market share analysis, 2018 & 2026
6.3.6.India
6.3.6.1.Market size and forecast, by product, 2018-2026
6.3.6.2.Market size and forecast, by distribution channel, 2018-2026
6.3.6.3.Comparative market share analysis, 2018 & 2026
6.3.7.Australia
6.3.7.1.Market size and forecast, by product, 2018-2026
6.3.7.2.Market size and forecast, by distribution channel, 2018-2026
6.3.7.3.Comparative market share analysis, 2018 & 2026
6.3.8.Rest of Asia Pacific
6.3.8.1.Market size and forecast, by product, 2018-2026
6.3.8.2.Market size and forecast, by distribution channel, 2018-2026
6.3.8.3.Comparative market share analysis, 2018 & 2026
6.4.LAMEA
6.4.1.Market size and forecast, by product, 2018-2026
6.4.2.Market size and forecast, by distribution channel, 2018-2026
6.4.3.Market size and forecast, by country, 2018-2026
6.4.4.Comparative market share analysis, 2018 & 2026
6.4.5.Latin America
6.4.5.1.Market size and forecast, by product, 2018-2026
6.4.5.2.Market size and forecast, by distribution channel, 2018-2026
6.4.5.3.Comparative market share analysis, 2018 & 2026
6.4.6.Middle East
6.4.6.1.Market size and forecast, by product, 2018-2026
6.4.6.2.Market size and forecast, by distribution channel, 2018-2026
6.4.6.3.Comparative market share analysis, 2018 & 2026
6.4.7.Africa
6.4.7.1.Market size and forecast, by product, 2018-2026
6.4.7.2.Market size and forecast, by distribution channel, 2018-2026
6.4.7.3.Comparative market share analysis, 2018 & 2026
7.Company profiles
7.1.Duty Free Americas
7.1.1.Business overview
7.1.2.Financial performance
7.1.3.Product portfolio
7.1.4.Recent strategic moves & developments
7.1.5.SWOT analysis
7.2.SHINSEGAE DUTY FREE
7.2.1.Business overview
7.2.2.Financial performance
7.2.3.Product portfolio
7.2.4.Recent strategic moves & developments
7.2.5.SWOT analysis
7.3.Aer Rianta International
7.3.1.Business overview
7.3.2.Financial performance
7.3.3.Product portfolio
7.3.4.Recent strategic moves & developments
7.3.5.SWOT analysis
7.4.Dubai Duty Free
7.4.1.Business overview
7.4.2.Financial performance
7.4.3.Product portfolio
7.4.4.Recent strategic moves & developments
7.4.5.SWOT analysis
7.5.China Duty Free Group Co Ltd.,
7.5.1.Business overview
7.5.2.Financial performance
7.5.3.Product portfolio
7.5.4.Recent strategic moves & developments
7.5.5.SWOT analysis
7.6.LOTTE HOTEL
7.6.1.Business overview
7.6.2.Financial performance
7.6.3.Product portfolio
7.6.4.Recent strategic moves & developments
7.6.5.SWOT analysis
7.7.DUFRY AG
7.7.1.Business overview
7.7.2.Financial performance
7.7.3.Product portfolio
7.7.4.Recent strategic moves & developments
7.7.5.SWOT analysis
7.8.HYUNDAI DEPARTMENT STORE DUTY FREE
7.8.1.Business overview
7.8.2.Financial performance
7.8.3.Product portfolio
7.8.4.Recent strategic moves & developments
7.8.5.SWOT analysis
7.9.Lagardère group
7.9.1.Business overview
7.9.2.Financial performance
7.9.3.Product portfolio
7.9.4.Recent strategic moves & developments
7.9.5.SWOT analysis
7.10.LVMH
7.10.1.Business overview
7.10.2.Financial performance
7.10.3.Product portfolio
7.10.4.Recent strategic moves & developments
7.10.5.SWOT analysis
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