Press release
Duty-free Retailing Market in Europe Will Hit At CAGR Of 6.06% During Years 2017-2021
Duty-free retailers are those that are exempted from certain local and national taxes and duties because they sell goods to international travelers. However, taxes may be imposed on duty-free goods when buyers reach their country of destination or when the quantity of the goods exceeds certain set limits. These retailers operate at international airports and seaports, border towns, train stations, and onboard aircraft and ships. These retailers offer products such as perfumes, cosmetics, alcohol, cigarettes, chocolates, electronics, and accessories. 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.
Technavios analysts forecast the duty-free retailing market in Europe to grow at a CAGR of 6.06% during the period 2017-2021.
Covered in this report
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.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Duty-Free Retailing Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
daa (Aer Rianta International)
Dufry
Lagardre
LVMH
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
Market driver
Premium product offerings and exemption from excise duties
For a full, detailed list, view our report
Market challenge
Low consumer interest in shopping at travel points
For a full, detailed list, view our report
Market trend
Entry of global brands in European market
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Global duty-free retailing market
PART 05: MARKET LANDSCAPE
Duty-free retailing market in Europe
Market size and forecast
PART 06: FIVE FORCES ANALYSIS
Five forces analysis
PART 07: MARKET SEGMENTATION BY PRODUCT
Duty-free retailing market in Europe by product
Comparison by product
Fashion, accessories, and hard luxury market size and forecast
Cosmetics and perfumes market size and forecast
Wine and spirits market size and forecast
Tobacco market size and forecast
Confectionery and fine foods market size and forecast
Market opportunity by product
PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
Duty-free retailing market in Europe by distribution channel
Comparison by distribution channel
Airports market size and forecast
Border, downtown, and hotel shops market size and forecast
Cruise lines, ferries, and seaports market size and forecast
Rail stations and others market size and forecast
Market opportunity by distribution channel
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Entry of global brands in European market
International retailers focusing on M&A
PART 12: VENDOR LANDSCAPE
Competitive scenario
Key insights
PART 13: VENDOR ANALYSIS
Vendor overview
Comparative analysis of key vendors
daa (Aer Rianta International)
Dufry
Lagardre
LVMH
Other prominent vendors
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