Airport Retailing Market by Product Type (Liquor & Tobacco, Perfumes & Cosmetics, Fashion & Accessories, Food & Beverages, and Others), Airport Size (Large Airport, Medium Airport, and Small Airport), and Distribution Channel (Direct Retailer, Convenience Store, Specialty Retailer, and Departmental store): Global Opportunity Analysis and Industry Forecast, 2021-2027
The airport retailing market is expected to exhibit high growth potential during the forecast period. This is majorly attributed to inclination of people toward buying international products easily available on airports, upsurge in the middle- & upperclass disposable income & related expenditure, and increase in need & interest of people to spend more money on travelling and shopping.
• The global airport retailing market size was valued at $27,552.8 million in 2019.
• The global airport retailing market size is expected grow at a CAGR of 12.6 % during 2021–2027.
• The global airport retailing market size reach 40,592.8 million in 2027.
• E-commerce as an industry vertical is expected to dominate the global warehouse robotics market from 2017 to 2023.
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The liquor & tobacco segment is expected to grow at a CAGR of 12.0% during the forecast period.
The perfumes & cosmetics segment is anticipated to dominate the airport retailing market growth, registering a CAGR of 13.7%
The large airport segment is projected to garner the highest airport retailing market share of around 57% by 2027, registering a CAGR of 12.5%.
• Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
• Asia-Pacific is expected to grow at the fastest rate in the airport retailing market, registering a CAGR of 13.7% during the forecast period.
• LAMEA is anticipated to exhibit the second highest growth rate, owing to the presence of developing economies in the region.
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• Dubai Duty Free
• Dufry AG
• FS Group Ltd.
• King Power International
• The Shilla Duty Free
• China Duty Free Group Co. Ltd.
• Gebr. Heinemann SE & Co. KG
• Japan Airport Terminal Co. Ltd.
• Flemingo International
• Airport Retail Group LLC
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A Report Titled “Airport Retailing Market-Opportunities And Forecast, 2021-2027” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective.
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