- Food
- Monday, 23 Nov 2020
Travel Retail Market Growth rate, Market Segmentation, and Industrial Opportunities to 2027
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The report also includes the profiles of key travel retail companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Top Key Players:- Aer Rianta International cpt, China Duty Free Group Co., Ltd., Dufry AG, Duty Free Americas, Inc., Gebr. Heinemann se & co.kg, Lagardère Group, Lotte Hotels and Resorts, LVMH Moët Hennessy, The King Power International Group, THE SHILLA DUTY FREE
Development of the travel and tourism industry across the globe is expected to remain the dominant force driving the demand for the travel retail market. Furthermore, the rise in disposable income among individual is also projected to influence the travel retail market significantly. Moreover, due to the increase in the number of the millennial population is going to have a robust impact on the travel retail market. Growth in Asia-Pacific and LAMEA economies is anticipated to generate untapped opportunity for the travel retail market.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Travel Retail market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Travel Retail market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Travel retail is a worldwide industry selling goods to international travelers. Sales in travel retail shops are accepted from the payment of certain local or national taxes and excise duties. It is generally with the requirement that the goods are only sold to travelers who will take them out of the country. Products that can be sold by travel retail differ by jurisdiction and different rules which is based on import allowance restrictions, excise duty calculations and other aspects. Airports provide the majority of such sales globally. Travel retail is available at border shops, onboard aircraft during international flights, cruise & ferry shops on vessels in international waters, at some international railway stations and for the provisioning of ships sailing in international waters.
The report analyzes factors affecting travel retail market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the travel retail market in these regions.
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Table of Contents:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Travel Retail Market Landscape
5. Travel Retail Market - Key Market Dynamics
6. Travel Retail Market - Global Market Analysis
7. Travel Retail Market - Revenue and Forecasts to 2027 - Product Type
8. Travel Retail Market - Revenue and Forecasts to 2027 - Application
9. Travel Retail Market - Revenue and Forecasts to 2027 - Compound
10. Travel Retail Market Revenue and Forecasts to 2027 - Geographical Analysis
11. Industry Landscape
12. Travel Retail Market, Key Company Profiles
13. Appendix
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