Worldwide Duty Free Retailing Market Size, Status and Forecast 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: World  Duty Free Retailing Market



This report studies the Duty-Free Retailing market. Duty-free shops (or stores) are retail outlets that are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country. Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component.

However, some countries impose duty on goods brought into the country, though they had been bought duty-free in another country, or when the value or quantity of such goods exceed an allowed limit. Duty-free shops are often found in the international zone of international airports, sea ports, and train stations but goods can also be bought duty-free on board airplanes and passenger ships. They are not as commonly available for road or train travelers, although several border crossings between the United States and both Canada and Mexico have duty-free shops for car travelers. In some countries, any shop can participate in a reimbursement system, such as Global Blue and Premier Tax Free, wherein a sum equivalent to the tax is paid, but then the goods are presented to customs and the sum reimbursed on exit.
Asia Pacific ranks the top in terms of global market size of Duty-Free Retailing, it consists of 26.1% of the international market in 2016. North America comes the second, with 22.4% of the global market. Middle East and Africa together consist of 16.2% of the Duty-Free Retailing market in the same year.
In 2018, the global Duty Free Retailing market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Duty Free Retailing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Duty Free Retailing development in United States, Europe and China.


Market Segmentation, Outlook & Viewpoint: World  Duty Free Retailing Market

Segmentation by Product Type: Breakdown of data from the year 2014 to 2019 and forecast until 2025: 
    Perfumes
    Cosmetics
    Alcohol
    Cigarettes
    Others



Segmentation by Application: Breakdown of data from the year 2014 to 2019 and forecast until 2025: 
    Airports
    Onboard Aircraft
    Seaports
    Train Stations
    Others



Top Companies & Key Players: World  Duty Free Retailing Market

 
    Dufry
    Lagardère Travel Retail
    Lotte Duty Free
    LVMH
    Aer Rianta International (ARI)
    China Duty Free Group
    Dubai Duty Free
    Duty Free Americas
    Gebr. Heinemann
    JR/Group (James Richardson)
    King Power International Group (Thailand)
    The Shilla Duty Free



Key Insights Covered: World  Duty Free Retailing Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue, and growth rate) of  Duty Free Retailing industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate, and gross margin) of  Duty Free Retailing industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue, and growth rate) of  Duty Free Retailing industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of  Duty Free Retailing industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of  Duty Free Retailing industry.

Research Methodology: Global  Duty Free Retailing Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.