Travel Retail Market : Industry Analysis and Forecast (2019-2026)

Based on channel, airports was the leading segment in 2017 that captured almost three-fifths of overall market share. The segment is expected to reach over USD 91.75 billion by 2026, on account of ease of purchase that allows customers to buy a wide range of premium apparels and designer c

Global Travel Retail Market was valued US$ XX Bn in 2018 and is expected to reach US$ 155.4 Bn by 2026, at CAGR of XX% during forecast period.

The Travel Retail Market Size 2021-2027 provides detailed competitive analysis, including market share, size, future scope, and future outlook. This report categorizes breakdown data by manufacturer, type, and application. It also analyses the market drivers and opportunities.

Global Travel Retail Market Overview

Because they are lightweight and foldable, these Travel Retail are easy to transport and operate. In developing countries, the main growth drivers are the growing tourist industry, increasing traffic congestion, and the rising Travel Retail market. The rise in disposable income and growing urban population are driving the global sales of Travel Retail. Companies are investing heavily in new electric mopeds and scooters to make them more efficient.

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List Of TOP KEY PLAYERS in Travel Retail Market Report are -
Key Players Operated in Global Travel Retail Market Include:

DFS Group
Dufry AG
LS travel retail
Lotte Duty Free
King Power International Group
The Shilla Duty Free
Heinemann
China Duty Free Group (CDFG)
AerRianta International (ARI)
The Naunace Group.
DFASS Group
Gebr. Heinemann SE Co. KG
Lagardre Group
Duty Free Americas, Inc.
LVMH Mot Hennessy
DubaiDutyFree.com
Flemingo, JR/Group
Qatar Duty Free
3Sixty Duty Free

COVID-19 Impact on Market:

In December 2019, the COVID-19 epidemic began in Wuhan (China), and has been spreading rapidly around the world. As of March 2020, the most affected countries were the US, China, Italy and Iran. Due to travel bans and lockdowns, the COVID-19 epidemic has affected many countries' economies and industries. This outbreak has caused major disruptions in the global food and drink industry, including supply chain breakdowns, cancellations of technology events, and office closures. China is the world's largest manufacturing country, and has the largest number of raw material suppliers. Due to the closing of factories and other obstacles in the supply chain, COVID-19 is affecting overall market growth.

Segmentation of the Global Travel Retail Market by Types, Applications, and Region:

Global Travel Retail Market, By Channel:

Airport
Cruise Liner
Railway Station
Border, Downtown Hotel Shop
Global Travel Retail Market, By Region:

North America
Europe
Asia-Pacific
South America
Middle East Africa

The global Travel Retail market has been analysed and market size information provided by countries (regions). Segment by Application, The Travel Retail Market is divided into the United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report covers the region-wise market size from 2016-2027. The report also contains market size and forecasts by type and application segment, in terms of revenue and sales, for the period 2016-2027.

This report provides a detailed analysis of the Global Travel Retail Market for all stakeholders. This report presents the past and present status of the industry, as well as forecasted market size. Trends are also presented. The report uses simple language to simplify complex data. This report includes all aspects of the industry and a study of key players, including market leaders, followers, as well as new entrants. The report includes a PORTER, SVOR and PESTEL analysis as well as the potential market impact of microeconomic factors. The report includes both internal and external factors that could have a positive or negative effect on the business. This will provide a clear futureistic view of this industry for decision-makers.

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