How big is the South Korea Travel Retail Market?

The South Korea Travel Retail Market size is expected to reach USD 12.60 billion in 2024 and grow at a CAGR of greater than 5% to reach USD 16.07 billion by 2029. Read More

What is the current South Korea Travel Retail Market size?

In 2024, the South Korea Travel Retail Market size is expected to reach USD 12.60 billion. Read More

Who are the key players in South Korea Travel Retail Market?

Lotte Duty Free, The Shilla Duty Free, Shinsegae Duty Free, Hyundai Duty Free and Dufry are the major companies operating in the South Korea Travel Retail Market. Read More

What years does this South Korea Travel Retail Market cover, and what was the market size in 2023?

In 2023, the South Korea Travel Retail Market size was estimated at USD 12 billion. The report covers the South Korea Travel Retail Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the South Korea Travel Retail Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

South Korea Travel Retail Market - Size, Share & Industry Analysis

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

The report covers South Korea Travel Retail Manufacturers and it is segmented By Product Type (Beauty and Personal Care, Wines and Spirits, Tobacco, Eatables, Fashion Accessories and Hard Luxury, and Other Types), By Distribution Channel (Airports, Airlines, Ferries, and Other Distribution Channels).

South Korea Travel Retail Industry Overview

South Korea Travel Retail is highly fragmented, with many players in the market. The report covers major international players operating in the South Korean travel retail industry. Regarding market share, some major players, such as Lotte Duty Free, The Shilla Duty Free, Shinsegae Duty Free, Hyundai Duty Free, and Dufry, currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.