Travel Retail Market Business Strategies, Revenue and Growth Rate Upto 2030


Posted February 12, 2024 by Divya_123

Travel Retail Market size was valued at US$ 58.77 Bn. in 2022 and the total Global Travel Retail revenue is expected to grow by 9.2% from 2023 to 2029, reaching nearly US$ 108.82 Bn.
 
Travel Retail Market Overview

Envisaged during the envisaged period, Maximize Market Research envisions a noteworthy upsurge in the market. The scrutiny of the Travel Retail Market, evaluated by Maximize Market Research, entails a comprehensive exploration of regional intricacies and the competitive landscape.

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Travel Retail Market Scope and Methodology

The report adopts a foundation-up methodology to estimate the Travel Retail Market's dimensions. Information is sourced from primary and secondary databases, encompassing both qualitative and quantitative analysis. Primary data is acquired via surveys, questionnaires, and interviews with key figures and entrepreneurs in the Travel Retail market. The report leverages analytical tools such as SWOT, PESTLE, and Porter's Five Forces Analysis to conduct comprehensive market scrutiny. SWOT analysis facilitates a holistic comprehension of factors influencing business decisions within the market, while PESTLE analysis furnishes insights into growth prospects and risks that influence market efficiency. Overall, the report functions as a valuable resource for investors, stakeholders, and market observers, aiding them in making well-informed judgments within the Travel Retail Market arena.

Travel Retail Market Regional Insights

The assessment of regional dynamics is conducted to gauge the state of the Travel Retail market across nations falling within North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. This market, denoted as Travel Retail, is broadly categorized into these delineated regions, facilitating an in-depth comprehension of the market's topography and the ever-evolving forces within each specific geographical domain.

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Travel Retail Market Segmentation

by Product

Fashion and accessories
Perfume and cosmetics
Electronics
Food
Confectionery products
Bakery products
Catering
Luxury goods
Watches
Jewelry
Wine & spirits
Tobacco
Others


by Sector

Duty-Free
Duty Paid


by Sales Channel

Airport
Cruise Liner
Railway Station and Border
Downtown and Hotel Shop

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Travel Retail Market Key Players

1. Dufry Group
2.Lotte Duty-Free
3. The Shilla Duty-Free
4. China Duty-Free Group
5. Lagardére Travel Retail
6. DFS Group
7. Gebr Heinemann
8. Shinsegae Duty-Free
9. King Power International Group (Thailand)
10. Ever Rich Duty-Free Shop

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Key questions answered in the Travel Retail Market are:

What is Travel Retail?
What was the Travel Retail market size in 2022?
What are the different segments of the Travel Retail Market?
What growth strategies are the players considering to increase their presence in Travel Retail?
What are the upcoming industry applications and trends for the Travel Retail Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Travel Retail Market?
What major challenges could the Travel Retail Market face in the future?
What segments are covered in the Travel Retail Market?
Who are the leading companies and what are their portfolios in Travel Retail Market?
What segments are covered in the Travel Retail Market?
Who are the key players in the Travel Retail market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Pune, Maharashtra 411041, IndiaC

[email protected]

+91 96071 95908, +91 9607365656
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Last Updated February 12, 2024