How big is the Duty Free And Travel Retail Market?

The Duty Free And Travel Retail Market size is expected to reach USD 76.20 billion in 2024 and grow at a CAGR of 7.23% to reach USD 108.02 billion by 2029. Read More

What is the current Duty Free And Travel Retail Market size?

In 2024, the Duty Free And Travel Retail Market size is expected to reach USD 76.20 billion. Read More

Which is the fastest growing region in Duty Free And Travel Retail Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Duty Free And Travel Retail Market?

In 2024, the Asia Pacific accounts for the largest market share in Duty Free And Travel Retail Market. Read More

What years does this Duty Free And Travel Retail Market cover, and what was the market size in 2023?

In 2023, the Duty Free And Travel Retail Market size was estimated at USD 70.69 billion. The report covers the Duty Free And Travel Retail Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Duty Free And Travel Retail Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the technology drivers impacting the growth of the Duty-Free & Travel Retail Market?

The technology drivers impacting the growth of the Duty-Free & Travel Retail Market are a) Integration of omnichannel experiences combining physical and digital touchpoints b) Adoption of contactless payment options and use of digital kiosks Read More

Duty Free And Travel Retail Companies

Duty Free And Travel Retail Companies (2024 - 2029)

Several prominent companies in the duty-free retail industry, including global powerhouses and emerging players, continue to make significant strides in the market. These firms are consistently evolving and adapting to the changing landscape, implementing innovative strategies to enhance customer experience and drive sales. From diversifying their product offerings to optimizing their retail spaces, these companies are setting high standards in the industry. Their collective efforts and initiatives are shaping the future of duty-free retail, underscoring the vital role companies play in this sector.

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Top Companies in Duty Free And Travel Retail Market

This report lists the top Duty Free And Travel Retail companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Duty Free And Travel Retail industry.

Dufry
Lagardère Travel Retail
DFS Group
Lotte Duty Free
Flemingo International Ltd

*Disclaimer: Top companies sorted in no particular order

Duty Free And Travel Retail Market Major Players

Duty Free And Travel Retail Market Concentration

Duty Free And Travel Retail Company List

Dufry
Lotte Duty Free
Lagardere Travel Retail
DFS Group
The Shilla Duty Free
King Power International Group
China Duty Free Group
Dubai Duty Free
Duty Free Americas
Sinsegae Duty Free
WH Smith*

Specific to Duty Free And Travel Retail Market

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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Duty Free And Travel Retail Market Companies Summary

The global duty-free and travel retail market is seeing growth due to the increasing popularity of the travel and tourism sector. Companies in this sector are capitalizing on the trend of digitizing the retail process, allowing businesses to maximize their earnings. The market is also benefiting from the rising demand for retail chains that offer luxury and premium brands. The increase in airport visitation worldwide is also contributing to the growth of this market, with increased domestic and international business and sports travel driving the size of the duty-free shopping market. The COVID-19 pandemic caused a shift in consumer purchasing behavior from physical to online retailers. As a result, key players in the global duty-free retailing industry have developed websites offering customers a hassle-free shopping experience. Technological integration has also facilitated the tracking of human behavior online and offline with more complex analytics and customization. Furthermore, the rise in contactless purchasing experiences with an emphasis on zero-waste production and sustainable consumption practices is predicted to create significant opportunities in the e-commerce travel retail sector.

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