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市场调查报告书
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1610081

城市免税店市场报告:趋势、预测和竞争分析(至 2030 年)

City Duty Free Retailing Market Report: Trends, Forecast and Competitive Analysis to 2030

出版日期: | 出版商: Lucintel | 英文 150 Pages | 商品交期: 3个工作天内

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简介目录

城市免税店趋势与预测

全球城市免税市场的未来可能包括化妆品和个人保养用品、酒精、葡萄酒和烈酒、烟草和香烟、时尚和奢侈品以及糖果零食和食品市场的机会。 2024年至2030年,全球城市免税店市场预计复合年增长率为6.5%。该市场的主要驱动力是国际观光和旅行的增加、机场基础设施​​和城市枢纽免税空间的扩建,以适应旅客数量的增加、可支配收入的增加以及消费者对奢侈品的偏好不断增长的趋势。 。

  • 根据Lucintel的预测,按使用类别划分,预计线下订单在预测期内将出现高速成长。
  • 从产品类型来看,化妆品和个人保养用品预计将成长最快。
  • 从地区来看,亚太地区预计将在预测期内实现最高成长。

城市免税店市场的策略成长机会

城市免税店市场受到不断变化的消费者偏好和技术进步的推动,在不同的应用中提供了各种策略成长机会。随着国际旅行的恢復和消费者行为的变化,业务扩张和创新前景广阔。零售商正在利用这些机会扩大产品阵容并增加市场占有率。在这里,我们重点介绍城市免税行业的五个关键成长机会,每个机会都强调独特的成长应用。

  • 奢侈品扩张:奢侈品需求的成长为城市免税店的扩张提供了机会。消费者,尤其是富有的外国旅客,正在寻找设计师时装、高端电子产品和高端化妆品等奢侈品。零售商可以透过扩大奢侈品的选择并创造高檔的购物环境来利用这一趋势。透过提供高檔、高品质的产品,免税店可以吸引更富裕的顾客,增加销售额,并将自己打造成都市区的高檔购物目的地。
  • 数位化和全通路整合:数位工具和全通路策略的整合为城市免税店提供了巨大的成长潜力。行动应用程式、线上平台和无缝付款系统可以增强消费者的购物体验和便利性。透过线上浏览、预订和店内取货,零售商可以吸引精通技术的旅客并提高客户满意度。这种方法不仅简化了购物流程,而且还提高了参与度和销售额,因为客户受益于更整合和方便的购物体验。
  • 永续和道德产品:消费者越来越喜欢永续和道德产品,这提供了宝贵的成长机会。城市免税店可以透过提供环保产品和促进永续性来脱颖而出。透过融入环保实践并展示当地工匠的产品,零售商可以吸引具有环保意识的消费者并提升其品牌形象。这一趋势符合更广泛的社会价值观,随着消费者寻求负责任的购买选择,可以增加人流和销售量。
  • 改善客户体验:投资个人化和身临其境型客户体验是一个重要的成长机会。零售商可以透过建议、独家优惠和高触感客户服务来增强其服务。透过利用资料分析和人工智慧,零售商可以偏好购物体验,创造更具吸引力和满意度的体验。这种对客户体验的关注可以提高客户维繫、增加销售、产生积极的口碑,并使免税店成为首选购物场所。
  • 拓展新兴市场:拓展新兴市场是城市免税店的主要成长机会。随着印度和中国等国家国际旅行的增加,都市区免税购物的需求也增加。透过扩展到这些高成长地区,零售商可以开拓新的客户群并利用增加的可支配收入。这种扩张将推动整体市场成长,并帮助零售商在国际旅行不断增长的新兴经济体中站稳脚跟。

这些策略成长机会凸显了城市免税市场显着扩张和创新的潜力。透过专注于奢侈品、数位整合、永续性、改善客户体验和新兴市场,零售商可以利用不断变化的消费者偏好和技术进步。这些机会正在推动市场成长,加强竞争,并将城市免税店定位为对国际消费者充满活力和吸引力的目的地。

城市免税店市场促销因素及问题

城市免税店市场受到技术进步、经济状况和监管变化带来的各种市场驱动因素和挑战的影响。了解这些因素对于驾驭市场环境和利用成长机会至关重要。以下是影响市场的主要驱动因素/挑战的分析。

城市免税零售市场的驱动因素包括:

  • 技术进步:技术进步是城市免税购物市场的关键驱动因素。行动应用程式、线上平台和非接触式付款系统等数位工具的整合改善了购物体验并简化了业务。这些技术有助于简化交易、个人化行销并提高客户参与。投资这些技术的零售公司可以吸引更多精通技术的消费者,提高效率并增加销售额,从而推动整体市场成长。
  • 增加可支配收入:可支配收入的增加,尤其是在新兴市场,正在推动城市免税产业的成长。更多的消费者拥有更高的消费能力,对奢侈品和高品质产品的需求不断增加。这种趋势在中国和印度等国家尤其明显,这些国家中产阶级和上层阶级不断扩大,对奢侈品的需求不断扩大。零售商可以利用这一趋势,扩大产品线并瞄准富裕客户,从而增加销售和扩大市场。
  • 国际旅行的成长:国际旅行的復苏将成为城市免税市场的主要驱动力。随着旅游限制的放鬆和旅游业的復苏,越来越多的外国旅客前往都市区并寻求免税购物机会。人流量的增加转化为免税店销售额和收益的增加。透过位置人流量大的地区并提供有吸引力的产品,零售商可以在这个不断增长的市场中占据更大的份额。
  • 消费者对奢侈品和独特产品的偏好:对奢侈品和独特产品日益增长的偏好正在推动城市免税行业的成长。消费者对奢侈品、高端产品的需求日益增长,例如设计师时装和豪华电器产品。零售商可以透过提供各种奢侈品和创造高端购物环境来吸引这一人群。对奢侈品的关注可以增加客户吸引力和客户维繫,从而增加销售和市场占有率。
  • 监管支持和税收优惠:有利的监管变化和税收优惠正在支持城市免税市场的成长。各国政府正在简化退税程序并增加免税额,使购物对国际旅客更具吸引力。零售商受益于这些监管更新,因为他们能够提供更具竞争力的价格并使他们的产品更具吸引力。这种支持性的法规环境正在推动市场成长并提高零售商的盈利。

城市免税店市场面临的挑战如下:

  • 监管复杂性:应对每个国家复杂多样的法规是城市免税店面临的重大挑战。退税、产品限制和合规性的监管要求复杂多样。零售商必须了解并投资适应这些法规,以避免法律问题并确保顺利运作。这种复杂性还会增加营运成本并影响盈利。
  • 经济不确定性:经济不确定性,例如外汇波动或全球景气衰退,可能影响消费者支出和旅行模式。经济不确定性导致可支配收入下降和国际旅行减少,影响免税行业的销售。零售商必须应对不断变化的经济状况并实施降低风险的策略,例如产品多样化和针对不同的客户群。
  • 竞争激烈:城市免税市场竞争激烈,许多企业争夺市场占有率。这种激烈的竞争导致价格压力,需要不断创新才能脱颖而出。零售商必须投资透过独特的产品、卓越的客户服务和先进的技术来实现差异化。保持竞争优势需要持续的市场分析和策略调整以保持竞争力。

城市免税店市场是由市场促销因素和问题动态相互作用形成的。技术进步、可支配收入增加、国际旅行增加、消费者对奢侈品的偏好以及支持性法规正在推动成长。然而,监管复杂性、经济不确定性和竞争加剧带来了重大挑战。有效克服这些因素对于零售商在不断变化的市场环境中抓住机会并保持成长至关重要。

目录

第一章执行摘要

第二章全球城市免税店市场:市场动态

  • 简介、背景、分类
  • 供应链
  • 产业驱动因素与挑战

第三章 市场趋势及预测分析(2018-2030)

  • 宏观经济趋势(2018-2023)与预测(2024-2030)
  • 全球城市免税店市场趋势(2018-2023)与预测(2024-2030)
  • 全球城市免税店市场:按类型
    • 化妆品和个人保养用品
    • 酒精/葡萄酒/烈酒
    • 烟草/香烟
    • 时尚/奢侈品
    • 糖果零食/食品
    • 其他的
  • 全球城市免税店市场:按用途
    • 线下订单
    • 网上订购

第四章 各地区市场趋势及预测分析(2018-2030)

  • 全球城市免税店市场:按地区划分
  • 北美城市免税店市场
  • 欧洲城市免税店市场
  • 亚太城市免税市场
  • 其他地区城市免税店市场

第五章 竞争分析

  • 产品系列分析
  • 营运整合
  • 波特五力分析

第六章 成长机会与策略分析

  • 成长机会分析
    • 全球城市免税店市场的成长机会:按类型
    • 全球城市免税店市场的成长机会:依用途
    • 全球城市免税店市场的成长机会:按地区划分
  • 全球城市免税店市场新趋势
  • 战略分析
    • 新产品开发
    • 扩大全球城市免税店市场产能
    • 全球城市免税店市场的企业合併和合资
    • 认证和许可

第七章主要企业概况

  • Lagardere Travel Retail
  • Lotte Duty Free
  • LVMH
  • Aer Rianta
  • China Duty Free
  • Dubai Duty Free
  • Duty Free Americas
简介目录

City Duty Free Retailing Trends and Forecast

The future of the global city duty free retailing market looks promising with opportunities in the cosmetics & personal care products, alcohol, wine and spirit, tobacco & cigarettes, fashion & luxury goods, and confectionery & foodstuff markets. The global city duty free retailing market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are the growth of international tourism and travel, the expansion of airport infrastructure and duty-free retail spaces in urban hubs to cater to increasing passenger traffic, and rising disposable incomes and consumer preferences for luxury goods.

  • Lucintel forecasts that, within the application category, offline order is expected to witness higher growth over the forecast period.
  • Within the type category, cosmetics & personal care products are expected to witness the highest growth.
  • In terms of regions, APAC is expected to witness the highest growth over the forecast period.

Gain valuable insights for your business decisions with our comprehensive 150+ page report.

Emerging Trends in the City Duty Free Retailing Market

The city duty free retailing is experiencing transformative trends driven by evolving consumer preferences, technological advancements, and regulatory changes. These trends are reshaping how international travelers engage with duty-free shopping, enhancing their overall experience while influencing market dynamics. Here are five key trends that are making a significant impact in the city duty free retailing market.

  • Digital Transformation: The integration of digital technology is revolutionizing the city duty free retailing market. Retailers are adopting mobile apps and online platforms to offer a seamless shopping experience. Features such as digital pre-ordering, contactless payments, and virtual shopping assistance are becoming increasingly common. These innovations are enhancing convenience and personalization, catering to the tech-savvy traveler, and boosting overall sales. The rise of digital tools is also enabling better inventory management and targeted marketing, further driving market growth.
  • Luxury Goods Expansion: There is a noticeable shift towards high-end and luxury goods in the city duty free retailing market. Consumers are increasingly seeking premium products such as designer fashion, high-end electronics, and exclusive cosmetics. This trend is driven by rising disposable incomes and a growing preference for luxury among international travelers. Retailers are expanding their offerings to include a broader range of high-end products and creating upscale shopping environments to cater to this demand, enhancing the attractiveness of duty-free shopping.
  • Sustainability and Local Products: Sustainability has become a critical focus in city duty-free retailing, with retailers emphasizing eco-friendly practices and local products. There is a growing consumer preference for products that are environmentally friendly and ethically sourced. Retailers are responding by offering sustainable product lines and promoting local artisanal goods. This trend not only aligns with global sustainability goals but also appeals to increasingly eco-conscious consumers, helping retailers differentiate themselves in a competitive market.
  • Personalized Shopping Experience: Personalization is increasingly important in city duty-free retailing, with retailers leveraging data analytics and AI to tailor the shopping experience. Customized recommendations, personalized promotions, and tailored services are becoming standard practices. By utilizing customer data and preferences, retailers can create more engaging and relevant shopping experiences, enhancing customer satisfaction and loyalty. This trend is helping to build stronger relationships with travelers and drive repeat business.
  • Enhanced Omnichannel Integration: Omnichannel retailing is gaining traction in the city duty free retailing market, integrating online and offline shopping experiences. Retailers are offering services such as click-and-collect, where travelers can shop online and pick up their purchases at a city store. This seamless integration between digital and physical channels is enhancing convenience and accessibility for consumers. The rise of omnichannel strategies is also helping retailers reach a broader audience and provide a more cohesive shopping experience.

These emerging trends are significantly reshaping the city duty free retailing market by enhancing the shopping experience, expanding product offerings, and improving customer engagement. The adoption of digital technologies focus on luxury and sustainable products, and emphasis on personalization and omnichannel integration are driving growth and innovation in the sector. As these trends continue to evolve, they will likely define the future landscape of city duty-free retailing, making it more dynamic and consumer-centric.

Recent Developments in the City Duty Free Retailing Market

The city duty free retailing market has been evolving rapidly, driven by various factors including changing consumer preferences, regulatory adjustments, and technological advancements. These developments are influencing how retailers operate and how consumers engage with duty-free shopping in urban settings. Below are five key developments that are shaping the current landscape of city duty free retailing.

  • Regulatory Changes: Recent regulatory updates in several countries have simplified the process for tax-free shopping, making it easier for travelers to claim refunds on purchased goods. For example, changes in the U.S. have streamlined refund processes, and China has expanded product categories eligible for duty-free status. These adjustments are making city duty-free shopping more attractive to international travelers and boosting overall sales. Retailers are adapting to these changes by enhancing their compliance and refund processing systems.
  • Digital Innovation: Digital technology is transforming the city duty free retailing market through advancements such as mobile apps, e-commerce platforms, and contactless payments. These innovations are providing a more convenient and efficient shopping experience for travelers. Retailers are investing in digital solutions to enhance customer engagement, streamline operations, and offer personalized services. The integration of technology is also helping retailers manage inventory more effectively and improve customer service.
  • Expansion of Luxury Offerings: The expansion of luxury product lines is a significant development in the city duty free retailing market. Retailers are increasingly focusing on high-end goods, including designer fashion, premium electronics, and exclusive cosmetics, to attract affluent travelers. This trend is driven by rising disposable incomes and a growing demand for premium products. Retailers are creating upscale shopping environments and offering exclusive product ranges to cater to this market segment.
  • Growth of Omnichannel Retailing: The adoption of omnichannel retailing strategies is reshaping the city duty free retailing market. Retailers are integrating online and offline channels to provide a seamless shopping experience. Services such as click-and-collect and online pre-ordering are becoming more common, allowing travelers to shop online and pick up their purchases at city stores. This approach enhances convenience and accessibility, making it easier for travelers to engage in duty-free shopping.
  • Focus on Sustainability: Sustainability is becoming a key focus in the city duty free retailing market, with retailers emphasizing eco-friendly practices and offering sustainable products. There is an increasing demand for environmentally friendly and ethically sourced goods among consumers. Retailers are responding by incorporating sustainable practices into their operations and promoting local products. This trend not only aligns with global sustainability goals but also appeals to eco-conscious shoppers, helping retailers differentiate themselves in the market.

These recent developments are significantly impacting the city duty free retailing market by enhancing the shopping experience, expanding product offerings, and improving operational efficiency. Regulatory changes, digital innovation, luxury expansions, omnichannel strategies, and a focus on sustainability are driving growth and transformation in the sector. As these trends continue to evolve, they will shape the future of city duty free retailing, making it more dynamic and consumer-centric.

Strategic Growth Opportunities for City Duty Free Retailing Market

The city duty free retailing market presents various strategic growth opportunities across different applications, driven by evolving consumer preferences and technological advancements. As international travel resumes and consumer behaviors shift, there are significant prospects for expansion and innovation. Retailers are leveraging these opportunities to enhance their offerings and capture a larger share of the market. Here are five key growth opportunities within the city duty free retailing sector, each highlighting a unique application for growth.

  • Luxury Goods Expansion: The growing demand for luxury items presents a prime opportunity for expansion in city duty-free retailing. Consumers, particularly affluent international travelers, seek high-end products such as designer fashion, premium electronics, and exclusive cosmetics. Retailers can capitalize on this trend by expanding their luxury product ranges and creating upscale shopping environments. By offering exclusive and high-quality items, duty-free stores can attract a more affluent clientele and boost sales, positioning themselves as premium shopping destinations in urban areas.
  • Digital and Omnichannel Integration: The integration of digital tools and omnichannel strategies offers significant growth potential for city duty-free retailers. Implementing mobile apps, online platforms, and seamless payment systems can enhance the shopping experience and convenience for consumers. By enabling online browsing, pre-ordering, and in-store pickup, retailers can attract tech-savvy travelers and improve customer satisfaction. This approach not only streamlines the shopping process but also increases engagement and sales, as customers benefit from a more integrated and accessible shopping experience.
  • Sustainable and Ethical Products: There is a growing consumer preference for sustainable and ethically sourced products, which presents a valuable opportunity for growth. City duty-free retailers can differentiate themselves by offering eco-friendly goods and promoting sustainability. By incorporating green practices and showcasing local artisanal products, retailers can appeal to environmentally conscious consumers and enhance their brand image. This trend aligns with broader societal values and can drive increased foot traffic and sales as consumers seek out responsible purchasing options.
  • Enhanced Customer Experience: Investing in personalized and immersive customer experiences is a key growth opportunity. Retailers can enhance their offerings through personalized recommendations, exclusive services, and high-touch customer service. By leveraging data analytics and AI, retailers can tailor shopping experiences to individual preferences, creating a more engaging and satisfying experience. This focus on customer experience can lead to higher customer retention, increased sales, and positive word-of-mouth, establishing duty-free stores as preferred shopping destinations.
  • Expansion into Emerging Markets: Expanding into emerging markets presents a significant growth opportunity for city duty-free retailers. As international travel increases in countries such as India and China, there is a growing demand for duty-free shopping in urban areas. By establishing a presence in these high-growth regions, retailers can tap into new customer bases and capitalize on rising disposable incomes. This expansion can drive overall market growth and help retailers establish themselves in developing economies with increasing international travel.

These strategic growth opportunities highlight the potential for significant expansion and innovation in the city duty free retailing market. By focusing on luxury goods, digital integration, sustainability, enhanced customer experiences, and emerging markets, retailers can capitalize on evolving consumer preferences and technological advancements. These opportunities are driving market growth, enhancing competitiveness, and positioning city duty-free stores as dynamic and attractive destinations for international shoppers.

City Duty Free Retailing Market Driver and Challenges

The city duty free retailing market is influenced by a range of drivers and challenges, shaped by technological advancements, economic conditions, and regulatory changes. Understanding these factors is crucial for navigating the market landscape and leveraging growth opportunities. Below is an analysis of the major drivers and challenges affecting the market.

The factors responsible for driving the city duty free retailing market include:

  • Technological Advancements: Technological advancements are a significant driver in the city duty free retailing market. The integration of digital tools, such as mobile apps, online platforms, and contactless payment systems, enhances the shopping experience and streamlines operations. These technologies facilitate easier transactions, personalized marketing, and improved customer engagement. Retailers who invest in these technologies can attract tech-savvy consumers, improve efficiency, and boost sales, driving overall market growth.
  • Rising Disposable Incomes: Increasing disposable incomes, particularly in emerging markets, are driving growth in the city duty free retailing sector. As more consumers have higher spending power, there is greater demand for luxury and high-quality products. This trend is particularly evident in countries like China and India, where expanding middle and upper classes are seeking premium goods. Retailers can capitalize on this trend by expanding their product ranges and targeting affluent customers, leading to increased sales and market expansion.
  • Growth in International Travel: The resurgence of international travel is a key driver for the city duty free retailing market. As travel restrictions ease and tourism recover, more international travelers are visiting urban areas and seeking duty-free shopping opportunities. This increase in foot traffic translates to higher sales and revenue for duty-free retailers. By positioning themselves in high-traffic locations and offering appealing products, retailers can capture a larger share of this growing market.
  • Consumer Preference for Luxury and Unique Products: A growing preference for luxury and unique products is driving growth in the city duty free retailing sector. Consumers are increasingly seeking exclusive and high-end goods, such as designer fashion and premium electronics. Retailers can attract this segment by offering a diverse range of luxury items and creating a high-end shopping environment. This focus on premium products can enhance customer attraction and retention, leading to increased sales and market share.
  • Regulatory Support and Tax Incentives: Favorable regulatory changes and tax incentives are supporting the growth of the city duty free retailing market. Governments in various countries are simplifying tax refund processes and increasing duty-free allowances, making shopping more attractive for international travelers. Retailers benefit from these regulatory updates as they can offer more competitive pricing and enhance the appeal of their offerings. This supportive regulatory environment is driving market growth and increasing retailer profitability.

Challenges in the city duty free retailing market are:

  • Regulatory Complexity: Navigating the complex and varying regulations across different countries presents a significant challenge for city duty-free retailers. Regulatory requirements related to tax refunds, product restrictions, and compliance can be cumbersome and vary widely. Retailers must invest in understanding and adapting to these regulations to avoid legal issues and ensure smooth operations. This complexity can also increase operational costs and impact profitability.
  • Economic Uncertainty: Economic uncertainty, including fluctuating exchange rates and global economic downturns, can impact consumer spending and travel patterns. Economic instability can lead to reduced disposable incomes and decreased international travel, affecting sales in the duty-free sector. Retailers must be prepared to adapt to changing economic conditions and implement strategies to mitigate risks, such as diversifying product offerings and targeting different customer segments.
  • Intense Competition: The city duty free retailing market is highly competitive, with numerous players vying for market share. This intense competition can lead to pricing pressures and the need for continuous innovation to stand out. Retailers must invest in differentiating their offerings through unique products, exceptional customer service, and advanced technologies. Staying ahead of competitors requires ongoing market analysis and strategic adjustments to maintain a competitive edge.

The city duty free retailing market is shaped by a dynamic interplay of drivers and challenges. Technological advancements, rising disposable incomes, increased international travel, consumer preferences for luxury goods, and supportive regulations are driving growth. However, regulatory complexity, economic uncertainty, and intense competition pose significant challenges. Navigating these factors effectively is crucial for retailers to capitalize on opportunities and sustain growth in the evolving market landscape.

List of City Duty Free Retailing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies city duty free retailing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the city duty free retailing companies profiled in this report include-

  • Lagardere Travel Retail
  • Lotte Duty Free
  • LVMH
  • Aer Rianta
  • China Duty Free
  • Dubai Duty Free
  • Duty Free Americas

City Duty Free Retailing by Segment

The study includes a forecast for the global city duty free retailing by type, application, and region.

City Duty Free Retailing Market by Type [Analysis by Value from 2018 to 2030]:

  • Cosmetics & Personal Care Products
  • Alcohol, Wine & Spirits
  • Tobacco & Cigarettes
  • Fashion & Luxury Goods
  • Confectionery & Food Stuff
  • Others

City Duty Free Retailing Market by Application [Analysis by Value from 2018 to 2030]:

  • Offline Orders
  • Online Orders

City Duty Free Retailing Market by Region [Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the City Duty Free Retailing Market

The city duty free retailing, where travelers can purchase goods without the added burden of local taxes, has seen dynamic shifts recently. This sector, which thrives on attracting international travelers in urban locations outside airports, is evolving due to changing consumer behaviors, regulatory shifts, and technological advancements. Recent developments across key markets like the United States, China, Germany, India, and Japan reflect these transformations, revealing a landscape increasingly shaped by digital innovation, changing consumer preferences, and regulatory updates. Here's a closer look at these developments across these significant markets.

  • United States: In the U.S., the city duty free retailing market has been experiencing moderate growth with increasing emphasis on enhancing the shopping experience. Major cities like New York and Los Angeles are seeing the emergence of high-end duty-free stores catering to affluent international tourists. Recent regulatory changes have made it easier for travelers to claim tax refunds on certain goods, which has spurred growth.
  • China: China city duty free retailing market has been booming due to rising disposable incomes and a growing middle class. Cities like Beijing and Shanghai are emerging as prominent hubs for duty-free shopping, driven by a surge in international travel. The Chinese government has introduced favorable policies, including increased duty-free allowances and expanded product categories, to attract more shoppers.
  • Germany: Germany is witnessing a transformation in its city duty free retailing sector, primarily driven by the country's robust tourism industry and strong economic performance. Berlin and Frankfurt are leading the charge with new and upgraded duty-free stores offering a wider range of products.
  • India: In India, the city duty free retailing market is emerging as a significant player in the retail landscape, driven by a growing affluent traveler base and increased international tourism. Major cities such as Mumbai and Delhi are expanding their duty-free offerings, with a focus on luxury brands and high-quality local products. The Indian government has recently introduced policies to ease the process of duty-free shopping and refunds, which is attracting more international shoppers.
  • Japan: Japan city duty free retailing market is evolving with a focus on enhancing the shopping experience for international visitors. Cities like Tokyo and Osaka are expanding their duty-free retail networks, with an emphasis on luxury goods and unique Japanese products. Recent regulatory changes have increased the tax-free shopping limits, making it more attractive for travelers. The integration of digital tools, including online pre-ordering and mobile payment systems, is streamlining the shopping process. Japan is also focusing on personalized customer service and offering exclusive products to cater to the diverse needs of international shoppers.

Features of the Global City Duty Free Retailing Market

Market Size Estimates: City duty free retailing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: City duty free retailing market size by type, application, and region in terms of value ($B).

Regional Analysis: City duty free retailing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the city duty free retailing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the city duty free retailing market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the city duty free retailing market by type (cosmetics & personal care products, alcohol, wine & spirits, tobacco & cigarettes, fashion & luxury goods, confectionery & food stuff, and others), application (offline orders and online orders), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global City Duty Free Retailing Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

  • 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
  • 3.2. Global City Duty Free Retailing Market Trends (2018-2023) and Forecast (2024-2030)
  • 3.3: Global City Duty Free Retailing Market by Type
    • 3.3.1: Cosmetics & Personal Care Products
    • 3.3.2: Alcohol, Wine & Spirits
    • 3.3.3: Tobacco & Cigarettes
    • 3.3.4: Fashion & Luxury Goods
    • 3.3.5: Confectionery & Food Stuff
    • 3.3.6: Others
  • 3.4: Global City Duty Free Retailing Market by Application
    • 3.4.1: Offline Orders
    • 3.4.2: Online Orders

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

  • 4.1: Global City Duty Free Retailing Market by Region
  • 4.2: North American City Duty Free Retailing Market
    • 4.2.1: North American Market by Type: Cosmetics & Personal Care Products, Alcohol, Wine & Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, and Others
    • 4.2.2: North American Market by Application: Offline Orders and Online Orders
  • 4.3: European City Duty Free Retailing Market
    • 4.3.1: European Market by Type: Cosmetics & Personal Care Products, Alcohol, Wine & Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, and Others
    • 4.3.2: European Market by Application: Offline Orders and Online Orders
  • 4.4: APAC City Duty Free Retailing Market
    • 4.4.1: APAC Market by Type: Cosmetics & Personal Care Products, Alcohol, Wine & Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, and Others
    • 4.4.2: APAC Market by Application: Offline Orders and Online Orders
  • 4.5: ROW City Duty Free Retailing Market
    • 4.5.1: ROW Market by Type: Cosmetics & Personal Care Products, Alcohol, Wine & Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, and Others
    • 4.5.2: ROW Market by Application: Offline Orders and Online Orders

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global City Duty Free Retailing Market by Type
    • 6.1.2: Growth Opportunities for the Global City Duty Free Retailing Market by Application
    • 6.1.3: Growth Opportunities for the Global City Duty Free Retailing Market by Region
  • 6.2: Emerging Trends in the Global City Duty Free Retailing Market
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global City Duty Free Retailing Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global City Duty Free Retailing Market
    • 6.3.4: Certification and Licensing

7: List of City Duty Free Retailing Companies

  • 7.1: Lagardere Travel Retail
  • 7.2: Lotte Duty Free
  • 7.3: LVMH
  • 7.4: Aer Rianta
  • 7.5: China Duty Free
  • 7.6: Dubai Duty Free
  • 7.7: Duty Free Americas