Duty-free Retailing Market in Europe 2017-2021

Published: December 2017
No. of Pages: 86
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Duty-free retailers are those that are exempted from certain local and national taxes and duties because they sell goods to international travelers. However, taxes may be imposed on duty-free goods when buyers reach their country of destination or when the quantity of the goods exceeds certain set limits. These retailers operate at international airports and seaports, border towns, train stations, and onboard aircraft and ships. These retailers offer products such as perfumes, cosmetics, alcohol, cigarettes, chocolates, electronics, and accessories. The duty-free retailing market in Europe is expected to grow significantly during the forecast period, due to the expansion in international airports and increasing number of passengers.

The analysts forecast duty-free retailing market in Europe to grow at a CAGR of 6.06% during the period 2017-2021.

Covered in this report

This report covers the present scenario and the growth prospects of the duty-free retailing market in Europe for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of various consumer products to individual customers at duty-free retail stores in the region.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

This report, Duty-Free Retailing Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • daa (Aer Rianta International)
  • Dufry
  • Lagardère
  • LVMH

Other prominent vendors

  • China Duty-free Group
  • Dubai Duty-free
  • Duty-free Americas
  • Gebr. Heinemann
  • JR/Group (James Richardson)
  • King Power International
  • THE SHILLA DUTY-FREE

Market driver

  • Premium product offerings and exemption from excise duties
  • For a full, detailed list, view our report

Market challenge

  • Low consumer interest in shopping at travel points
  • For a full, detailed list, view our report

Market trend

  • Entry of global brands in European market
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Published By: Technavio
Product Code: Technavio18276


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