Travel Retail Market Size Expected To Reach 6 Billion By 2027

Travel Retail Global Market Report 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The travel retail market size is expected to grow to $126.48 billion in 2027 at a CAGR of 12.5%.”

— The Business Research Company

LONDON, GREATER LONDON, UK, August 30, 2023/EINPresswire.com/ — The Business Research Company’s “Travel Retail Global Market Report 2023” is a comprehensive source of information that covers every facet of the travel retail market. As per TBRC’s travel retail market forecast, the travel retail market size is predicted to reach a value of $126.48 billion by 2027, rising at a significant annual growth rate of 12.5% through the forecast period.

The growing number of international travelers is expected to propel the growth of the travel retail market going forward. Asia-Pacific is expected to hold the largest travel retail market share. Major players in the travel retail market include Aer Rianta international, China duty free group co.ltd., Dufry AG, Duty free americas Inc., Gebr. Heinemann se & co.kg, King power international, Lotte Hotel, Lagardère sca, The shilla duty free.

Travel Retail Market Segments
1) By Product Type: Perfume and Cosmetics, Wine and Spirit, Electronics, Luxury Goods, Food, Confectionery, and Catering, Tobacco, Other Products
2) By Channel: Airports, Cruise Lines, Border, Down Town and Hotel Shops, Railway Stations, Other Channels
3) By End Users: Children (less than 18 years old), Youth (18-30 years old), Middle-aged (18-59 years old), The Elder (greater than 60 years old)

Learn More On The Market By Requesting A Free Sample (Includes Graphs And Tables):

Travel retail refers to the business mainly revolving around airports, airplanes, cruise ships, and downtown duty-free stores. Travel retail products are sold during a travel environment where taxes and duties are payable, even during international travels. It is also referred to as the business of catering to shoppers while they are in transit.

Read More On The Travel Retail Global Market Report At:

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Market Characteristics
3. Travel Retail Market Trends And Strategies
4. Travel Retail Market – Macro Economic Scenario
5. Travel Retail Market Growth
……
27. Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Market
29. Market Future Outlook and Potential Analysis
30. Appendix

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Oliver Guirdham
The Business Research Company
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Article originally published on www.einpresswire.com as Travel Retail Market Size Expected To Reach $126 Billion By 2027