The duty-free retailing market in Europe to grow at a CAGR of 6.06% during the period 2017-2021.
The duty-free retailing market in Europe is expected to grow significantly during the forecast period, due to the expansion in international airports and increasing number of passengers.
The report covers the present scenario and the growth prospects of the duty-free retailing market in Europe for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of various consumer products to individual customers at duty-free retail stores in the region. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Entry of global brands in European market. Since duty-free retailing markets of different European countries are actively being promoted as shopping destinations, an emerging category of travelers consider shopping at these spots an integral part of their travel experience.
LVMH, one of the leading retailers in the market and the largest luxury brand owner, is also one of the largest investors in duty-free retailing and the revenue growth from its duty-free business, recorded a significant increase in its revenue. Herms, one of the well-known luxury brands in France, is optimizing and expanding a network of boutiques in airports to showcase its retail design concept and service. Thus, the entry of global brands in the regional market is expected to have a positive impact on the growth of the market during the forecast period.
- DAA (Aer Rianta International)
Other prominent vendors
- China Duty-free Group
- Dubai Duty-free
- Duty-free Americas
- Gebr. Heinemann
- JR/Group (James Richardson)
- King Power International
- THE SHILLA DUTY-FREE
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Product
Part 08: Market Segmentation By Distribution Channel
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/cgc8dj/dutyfree?w=4