Global Travel Retail Market . The report will give the past market trends from 2015-2020 and forecast from 2021 to 2027 by considering 2020 a differently. The report forecast that market for Travel Retail will reach to XX Bn by 2027 and has given the regional break up by countries.
Global Travel Retail Market was valued US$ XX Bn in 2018 and is expected to reach US$ 155.4 Bn by 2026, at CAGR of XX% during forecast period.
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The report has covered the market drivers and different strategies implemented by key players for expansion and to retain their client base by focusing on market leaders, market followers and new entrants in the market or region. The drivers of the market and revenue of each key players in each segment are analysed to give deep insights in brief to make user understand the market scenario in less time. While forecasting for each year, rational behind forecast are given that are supposed to drive or restrain the market. Focus on each players and their sales by unit by brand make this report unique in the industry.
The Travel Retail market faced several challenges in 2020 including Covid lock-down and sudden decrease in demand however, the demand is expected to normalize in 2021 and is expected to pick up in 2022, which is covered in the report.
Scope of the Global Travel Retail Market :
Global Travel Retail Market, By Product Type:
• Perfume & Cosmetics
• Wine & Spirit
• Luxury Goods
• Confectionery & Fine Food
Global Travel Retail Market, By Channel:
• Cruise Liner
• Railway Station
• Border, Downtown & Hotel Shop
Key Players Operated in Global Travel Retail Market Include:
• DFS Group
• Dufry AG
• LS travel retail
• Lotte Duty Free
• King Power International Group
• The Shilla Duty Free
• China Duty Free Group (CDFG)
• AerRianta International (ARI)
• The Naunace Group.
• DFASS Group
• Gebr. Heinemann SE & Co. KG
• Lagardre Group
• Duty Free Americas, Inc.
• LVMH Moët Hennessy
• Flemingo, JR/Group
• Qatar Duty Free
• 3Sixty Duty Free
The report has profiled key players in the market by their size and presence by regions. Since, there are limitation to profile all the kay player, representation is given to companies by region, sales revenue, expenditure on technology, expansion plans, investments received, involved in M&A.
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