Travel Retail Market to Witness Huge Growth by 2025: Key Players Autogrill (Italy) , Aer Rianta International
Travel Retail Market to Witness Huge Growth by 2025
Edison, NJ -- (SBWire) -- 04/22/2019 --HTF Market Intelligence released a new research report of 105 pages on title 'Global Travel Retail Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia and important players such as Autogrill (Italy) , Aer Rianta International (Republic of Ireland) , Bahrain duty free shop complex (Bahrain) , Baltona duty free
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Travel retails are duty-free shops where goods are sold to international passengers who required furnishing itinerary proof to access them. Though, such retails are available near the border as well but airports' retail dominates the market by far. The rules for buying vary among different countries but mostly arrival duty-free has become the norms at destination airports. As over a billion people travel to international destinations globally and the number is expected to rise further, gives an edge to the market amid volatile geopolitical relations among countries. Some of the key players profiled in the study are Autogrill (Italy) , Aer Rianta International (Republic of Ireland) , Bahrain duty free shop complex (Bahrain) , Baltona duty free (Poland) , China Duty Free Group (China) , LS Travel Retail (Canada) , DFS Group (Hong Kong) , Dubai duty free (United Arab Emirates) , The Shilla Duty Free (South Korea Dufry (Switzerland) , Duty Free Americas , Gebr. Heinemann (Germany) , Lagardere travel retail (France) , Regstaer duty free (Russia) and The Nauance Group (Switzerland).
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Market Trend
Consumer Preference to Purchase while en route
Use of Data Insight by Retailers to Cater Customers
Market Drivers
Growth in Travel and Tourism Industry
Rising Disposable Income Led to Change in Purchasing Behavior
Challenges
High Operating Expenses of Travel Retail
Impact of changing geopolitical Scenario on Tourism
Opportunities
Growing Digitalization in Travel Retail
Increasing Infrastructural Development Results in Rising in Travel Activities
The following are the major objectives of the study
- To define, describe, and forecast the Global Global Travel Retail Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 market on the basis of product [Beauty , Wines and spirits , Tobacco , Electronics , Luxury goods , Food & confectionery and Others (Perfume & Cosmetics, Tobacco, Catering)] , application [], key regions and end user
- To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
- To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
- Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
- To provide market size for various segments of the Global Travel Retail Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico)
- To strategically profile the key players and analyzing their market shares and core competencies in the Global Travel Retail Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 industry
- To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
While framing the research framework, major and emerging players operating in the Global Travel Retail Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.
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Table of Contents
1 Market Overview
1.1 Travel Retail Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Travel Retail Type and Applications
2.1.3 Travel Retail Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Travel Retail Market Competition, by Manufacturer
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