Europe Travel Retail Market Trends

Statistics for the 2023 & 2024 Europe Travel Retail market trends, created by Mordor Intelligence™ Industry Reports. Europe Travel Retail trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Market Trends of Europe Travel Retail Industry

This section covers the major market trends shaping the Europe Travel Retail Market according to our research experts:

Fragrance & Cosmetics Segment Share is Dominating the Travel Retail Market in Europe

The fragrances and cosmetics segment had a higher share in the overall sales in Europe travel retail which was nearly one-third of the total market. Improved consumer lifestyle toward premium fragrances, and cosmetics, increase in disposable income, and rapid growth in urbanization are the key factors that drive the growth of the segment in the European travel retail market. However, the luxury retail segment is expected to grow fastest owing to a premium lifestyle and huge market opportunity in the luxury product segments.

Europe Travel Retail

Airport Retailing is Generating Higher Revenues than other Channels in Europe Travel Retail Market

Airport retailing is one of the biggest retailing sectors in the European travel retail market. Airport retailing has become an important channel for brands to promote and create awareness about products in the market. Airports, as they are unable to generate much profit from airfares, are diversifying to nom- aeronautical segments such as retail, restaurant bars, cafeterias. The high share of the airport in travel retail in Europe is attributed to a greater average number of shops within airport terminals at airports with an increase in the number of passengers at airports. It is expected that the airport size and passenger footfall will continue to rise which will positively impact the airport travel retail market in Europe.

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Europe Travel Retail Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)