(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Oct 27, 2021, 21:09 /Comserve / -- The report predicts the global travel retail market to grow with a CAGR of 10.15% over the forecast period from 2019-2030
The report on the global travel retail market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global travel retail market to grow with a CAGR of 10.15% over the forecast period from 2019-2025. The study on travel retail market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.
The report on travel retail market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global travel retail market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.
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Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global travel retail market over the period of 2017 to 2025. Further, IGR-Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
• Growth in number of international travelers
• Growth of low-cost carrier (LLC)
2) Restraints
• Strict government rules relating to airport retailing
3) Opportunities
• Development in emerging countries
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global travel retail market is segmented on the basis of product, and distribution channels.
The Global Travel Retail Market by Product
• Wine & Spirit
• Luxury Goods
• Perfume & Cosmetics
• Electronics
• Confectionery & Catering
• Others
The Global Travel Retail Market by Distribution Channels
• Waterways
• Airways
• Railway Stations
• Downtown and Hotel Shops
• Others
Company Profiles
The companies covered in the report include
• Dufry AG
• Aer Rianta International
• DFS Group Ltd.
• Dubai Duty Free
• Duty Free Americas, Inc.
• Flemingo Internationa
• KING POWER International Group
• Lagardère,
• Lotte Corporation
• Qatar Duty Free
• Others
What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the travel retail market.
2. Complete coverage of all the segments in the travel retail market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global travel retail market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
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