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Travel Retail Market Sales, Growth, Outlook, Segment and Competitive Forecast 2019 to 2025

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Daniel Lewis
Travel Retail Market Sales, Growth, Outlook, Segment and Competitive Forecast 2019 to 2025

The global travel retail market size is expected to reach USD 128.80 billion by 2025, according to a new report by Radiant Insights, Inc. The market is projected to expand at a strong CAGR of 8.7% over the forecast years. Rapidly expanding retail and travel and tourism industry along with increasing per capita income levels is expected to drive the market growth. Different retail channels help in improving the retail experience of the passengers while contributing to economic growth.

The airport retail segment is expected to gain traction over the forecast period and is expected to reach over USD 91.75 billion by 2025. On the basis of products, perfume & cosmetics segment held a significant share of the market in 2017. Driven by the rising demand for branded cosmetics, such as makeup and skin care products, which are available discounted rates at the duty-free stores, the segment is projected to expand further.

Download Free Sample Report @ https://www.radiantinsights.com/research/travel-retail-market/request-sample

The travel retail industry is focusing on enhancing customer experience and use data to provide customers an integrated experience. For example, Kuala Lumpur International Airport has integrated big data platform deployed for its KLIA2 terminal. This platform will extract passenger's real-time location throughout the airport for real-time status check, travel plans, and so on.

Further key findings from the study suggest:

• The global market accounted for USD 67.3 billion in 2017 and is expected to register a CAGR of 8.7% from 2018 to 2025

• Increasing number of international travelers across the globe is expected to boost the market growth

• The perfume & cosmetics segment is anticipated to witness the highest CAGR of 9.9% followed by the fashion & accessories segment over the forecast period

• Asia Pacific is anticipated to be the fastest-growing regional market due to increasing disposal income levels and expanding travel industry in the region

• Key companies in the global travel retail market include Shilla DFS, Lagardre Group, Lotte Corp., Heinemann, and Dufry AG

Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/travel-retail-market

Table of Contents

Chapter 1 Methodology and Scope
1.1 Information Procurement
1.2 Purchased Database
1.2.1 GVR's internal database
1.3 Research Methodology
1.4 Research Scope and Assumptions
1.5 List to Data Sources
1.6 List of Abbreviations

Chapter 2 Executive Summary

Chapter 3 Market Definitions
3.1 Market Segmentation

Chapter 4 Industry Outlook
4.1 Market Snapshot
4.2 Global Travel Retail Market
4.2.1 Global Travel Retail Market, 2015 - 2025 (USD Million)
4.3 Regional Business Analysis
4.3.1 Global Travel Retail Market, By Region, 2015 - 2025 (USD Million)
4.4 Product Business Analysis
4.4.1 Global Travel RetailMarket, by Product, 2015 - 2025 (USD Million)
4.5 Channel Business Analysis
4.5.1 Global Travel Retail Market, By Channel, 2015 - 2025 (USD Million)
4.7 Value Chain Analysis
4.8 Market Variable Analysis
4.8.1 Driver
4.8.2 Restraint
4.9 Business Environment Analysis Tool
4.9.1 Travel Retail Market PEST analysis
4.9.2 Travel Retail Market Porter's Analysis
4.10 Penetration & Growth Prospect Mapping

Chapter 5 Travel Retail Market: Product Segment Analysis
5.1 Perfume & Cosmetics
5.1.1 Perfume & Cosmetics Market, 2015 - 2025 (USD Million)
5.2 Confectionery & Fine Food
5.2.1 Confectionery & Fine Food Market, 2015 - 2025 (USD Million)
5.3 Wine & Spirit
5.3.1 Wine & Spirit Market, 2015 - 2025 (USD Million)
5.4 Fashion & Accessories
5.4.1 Fashion & Accessories Market, 2015 - 2025 (USD Million)
5.5 Electronics
5.5.1 Electronics Market, 2015 - 2025 (USD Million)
5.6 Tobacco
5.6.1 Tobacco Market, 2015 - 2025 (USD Million)
5.7 Others
5.7.1 Tobacco Market, 2015 - 2025 (USD Million)

Chapter 6 Travel Retail Market: Channel Segment Analysis
6.1 Airports
6.1.1 AirportsMarket, 2015 - 2025 (USD Million)
6.2 Cruise Lines
6.2.1 Cruise Lines Market, 2015 - 2025 (USD Million)
6.3 Border, Down Town & Hotel shops
6.3.1 Border, Down Town & Hotel shops Market, 2015 - 2025 (USD Million)
6.4 Railway Stations & Others
6.4.1 Railway Stations & Others, 2015 - 2025 (USD Million)

Continued…

Read all Reports of this category @ https://www.radiantinsights.com/catalog/travel-services

About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: [email protected]
Website: https://www.radiantinsights.com/

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