Table of Content
1. Executive Summary
2. Introduction
2.1 Travel Retail: An Overview
2.1.1 Definition of Travel Retail
2.1.2 Features in Travel Retail
2.2 Travel Retail Segmentation: An Overview
2.2.1 Travel Retail Segmentation
3. Global Market Analysis
3.1 Global Travel Retail Market: An Analysis
3.1.1 Global Travel Retail Market: An Overview
3.1.2 Global Travel Retail Market by Value
3.1.3 Global Travel Retail Market by Product Type (Fragrances & Cosmetics, Wine & Spirits, Luxury Goods, Tobacco, Food, Confectionary, & Catering, Electronics, and Other)
3.1.4 Global Travel Retail Market by Sale Channel (Airport, Border, Down-Town & Hotel Shop, Railway Station, and Cruise Liner)
3.1.5 Global Travel Retail Market by Region (Asia Pacific, Europe, North America, Middle East & Africa, and Latin America)
3.2 Global Travel Retail Market: Product Type Analysis
3.2.1 Global Travel Retail Market by Product Type: An Overview
3.2.2 Global Fragrances & Cosmetics Travel Retail Market by Value
3.2.3 Global Wine & Spirits Travel Retail Market by Value
3.2.4 Global Luxury Goods Travel Retail Market by Value
3.2.5 Global Tobacco Travel Retail Market by Value
3.2.6 Global Food, Confectionery, & Catering Travel Retail Market by Value
3.2.7 Global Electronics Travel Retail Market by Value
3.2.8 Global Others Travel Retail Market by Value
3.3 Global Travel Retail Market: Sale Channel Analysis
3.3.1 Global Travel Retail Market by Sale Channel: An Overview
3.3.2 Global Airport Travel Retail Market by Value
3.3.3 Global Border, Down-Town & Hotel Shop Travel Retail Market by Value
3.3.4 Global Railway Station Travel Retail Market by Value
3.3.5 Global Cruise Liner Travel Retail Market by Value
4. Regional Market Analysis
4.1 Asia Pacific Travel Retail Market: An Analysis
4.1.1 Asia Pacific Travel Retail Market: An Overview
4.1.2 Asia Pacific Travel Retail Market by Value
4.1.3 Asia Pacific Travel Retail Market by Region (South Korea, China, and Rest of Asia Pacific)
4.1.4 South Korea Travel Retail Market by Value
4.1.5 South Korea Travel Retail Market by Sale Channel (Airport, and Others)
4.1.6 South Korea Airport Travel Retail Market by Value
4.1.7 South Korea Others Travel Retail Market by Value
4.1.8 China Travel Retail Market by Value
4.1.9 Rest of Asia Pacific Travel Retail Market by Value
4.2 Europe Travel Retail Market: An Analysis
4.2.1 Europe Travel Retail Market: An Overview
4.2.2 Europe Travel Retail Market by Value
4.2.3 Europe Travel Retail Market by Product Type (Fragrances & Cosmetics, Wine & Spirits, Luxury Goods, Tobacco, Food, Confectionary, & Catering, Electronics, and Other)
4.2.4 Europe Fragrances & Cosmetics Travel Retail Market by Value
4.2.5 Europe Wine & Spirits Travel Retail Market by Value
4.2.6 Europe Luxury Goods Travel Retail Market by Value
4.2.7 Europe Tobacco Travel Retail Market by Value
4.2.8 Europe Food, Confectionery, & Catering Travel Retail Market by Value
4.2.9 Europe Electronics Travel Retail Market by Value
4.2.10 Europe Others Travel Retail Market by Value
4.2.11 Europe Travel Retail Market by Sale Channel (Airport, Border, Down-Town & Hotel Shop, Railway Station, and Cruise Liner)
4.2.12 Europe Airport Travel Retail Market by Value
4.2.13 Europe Border, Down-Town & Hotel Shop Travel Retail Market by Value
4.2.14 Europe Railway Station Travel Retail Market by Value
4.2.15 Europe Cruise Liner Travel Retail Market by Value
4.2.16 Europe Travel Retail Market by Region (UK, Germany, France, Spain and Rest of Europe)
4.2.17 UK Travel Retail Market by Value
4.2.18 Germany Travel Retail Market by Value
4.2.19 France Travel Retail Market by Value
4.2.20 Spain Travel Retail Market by Value
4.2.21 Rest of Europe Travel Retail Market by Value
4.3 North America Travel Retail Market: An Analysis
4.3.1 North America Travel Retail Market: An Overview
4.3.2 North America Travel Retail Market by Value
4.3.3 North America Travel Retail Market by Region (the US, Canada, and Mexico)
4.3.4 The US Travel Retail Market by Value
4.3.5 The US Travel Retail Market by Sale Channel (Airport, Border, Down-Town & Hotel Shop, Railway Station, and Cruise Liner)
4.3.6 The US Airport Travel Retail Market by Value
4.3.7 The US Border, Down-Town & Hotel Shop Travel Retail Market by Value
4.3.8 The US Railway Station Travel Retail Market by Value
4.3.9 The US Cruise Liner Travel Retail Market by Value
4.3.10 Canada Travel Retail Market by Value
4.3.11 Mexico Travel Retail Market by Value
4.4 Middle East & Africa Travel Retail Market: An Analysis
4.4.1 Middle East & Africa Travel Retail Market: An Overview
4.4.2 Middle East & Africa Travel Retail Market by Value
4.5 Latin America Travel Retail Market: An Analysis
4.5.1 Latin America Travel Retail Market: An Overview
4.5.2 Latin America Travel Retail Market by Value
5. Impact of COVID
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Travel Activities
5.1.2 Impact of COVID-19 on Global Tourist Arrival
5.1.3 Impact of COVID-19 on Korea Travel Retail Market
5.2 post-COVID-19 Impact on Global Travel Retail Market
6. Market Dynamics
6.1 Growth Driver
6.1.1 Dominating Gen Z and Millennial Population
6.1.2 Rapid Urbanization
6.1.3 Increasing Middle Class Populace
6.1.4 Increasing Number of Airports
6.1.5 Increased Personal Luxury Goods Consumption
6.1.6 Increased Traveling Offers
6.2 Challenges
6.2.1 Lack of Availability of Space
6.2.2 Tedious Air Travel Requirements
6.3 Market Trends
6.3.1 Involvement of Artificial Intelligence
6.3.2 Digitization of Travel Retail
6.3.3 Advancement of Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR) Technology
6.3.4 Growing Trend of Robotics in Travel Retail
6.3.5 Technological Advancements
6.3.6 Passenger Control Tower
6.3.7 Personalized Pricing and Assortment Tool
7. Competitive Landscape
7.1 China Travel Retail Market Players: Ownership Comparison
7.2 China Travel Retail Market Players: Offshore Duty-Free Store Comparison
8. Company Profiles
8.1 Dufry AG
8.1.1 Business Overview
8.1.2 Operating Region
8.1.3 Business Strategy
8.2 Hotel Shilla Co., Ltd (The Shilla Duty Free)
8.2.1 Business Overview
8.2.2 Operating Segment
8.2.3 Business Strategy
8.3 Lagard?re Group
8.3.1 Business Overview
8.3.2 Operating Division
8.3.3 Business Strategy
8.4 LVMH Mo?t Hennessy Louis Vuitton (DFS Group)
8.4.1 Business Overview
8.4.2 Operating Business Group
8.4.3 Business Strategy
8.5 WH Smith PLC
8.5.1 Business Overview
8.5.2 Operating Segment
8.5.3 Business Strategy
8.6 Shinsegae Inc (Shinsegae Duty Free)
8.6.1 Business Overview
8.6.2 Operating Segment
8.7 Lotte Corporation (Lotte Duty Free)
8.7.1 Business Overview
8.7.2 Business Strategy
8.8 China International Travel Service Corporation Limited (China Duty Free Group)
8.8.1 Business Overview
8.8.2 Business Strategy
8.9 Gebr. Heinemann SE & Co. KG
8.9.1 Business Overview
8.9.2 Business Strategy
8.10 Harding Brothers Retail Ltd (Flemingo International Limited)
8.10.1 Business Overview
8.10.2 Business Strategy
8.11 Dublin Airport Authority (Aer Rianta International Duty Free LLC)
8.11.1 Business Overview
8.11.2 Business Strategy
8.12 Duty Free Americas, Inc.
8.12.1 Business Overview
8.13 Dubai Duty Free
8.13.1 Business Overview
8.14 The King Power International Group
8.14.1 Business Overview
8.15 Everrich Duty Free Shop
8.15.1 Business Overview
List of Figures
Figure 1: Features in Travel Retail
Figure 2: Travel Retail Segmentation
Figure 3: Global Travel Retail Market by Value; 2017-2021 (US$ Billion)
Figure 4: Global Travel Retail Market by Value; 2022-2027 (US$ Billion)
Figure 5: Global Travel Retail Market by Product Type; 2021 (Percentage, %)
Figure 6: Global Travel Retail Market by Sale Channel; 2021 (Percentage, %)
Figure 7: Global Travel Retail Market by Region; 2021 (Percentage, %)
Figure 8: Global Fragrances & Cosmetics Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 9: Global Fragrances & Cosmetics Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 10: Global Wine & Spirits Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 11: Global Wine & Spirits Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 12: Global Luxury Goods Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 13: Global Luxury Goods Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 14: Global Tobacco Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 15: Global Tobacco Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 16: Global Food, Confectionery, & Catering Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 17: Global Food, Confectionery, & Catering Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 18: Global Electronics Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 19: Global Electronics Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 20: Global Others Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 21: Global Others Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 22: Global Airport Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 23: Global Airport Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 24: Global Border, Down-Town & Hotel Shop Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 25: Global Border, Down-Town & Hotel Shop Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 26: Global Railway Station Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 27: Global Railway Station Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 28: Global Cruise Liner Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 29: Global Cruise Liner Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 30: Asia Pacific Travel Retail Market by Value; 2017-2021 (US$ Billion)
Figure 31: Asia Pacific Travel Retail Market by Value; 2022-2027 (US$ Billion)
Figure 32: Asia Pacific Travel Retail Market by Region; 2021 (Percentage, %)
Figure 33: South Korea Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 34: South Korea Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 35: South Korea Travel Retail Market by Sale Channel; 2021 (Percentage, %)
Figure 36: South Korea Airport Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 37: South Korea Airport Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 38: South Korea Others Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 39: South Korea Others Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 40: China Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 41: China Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 42: Rest of Asia Pacific Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 43: Rest of Asia Pacific Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 44: Europe Travel Retail Market by Value; 2017-2021 (US$ Billion)
Figure 45: Europe Travel Retail Market by Value; 2022-2027 (US$ Billion)
Figure 46: Europe Travel Retail Market by Product Type; 2021 (Percentage, %)
Figure 47: Europe Fragrances & Cosmetics Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 48: Europe Fragrances & Cosmetics Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 49: Europe Wine & Spirits Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 50: Europe Wine & Spirits Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 51: Europe Luxury Goods Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 52: Europe Luxury Goods Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 53: Europe Tobacco Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 54: Europe Tobacco Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 55: Europe Food, Confectionery, & Catering Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 56: Europe Food, Confectionery, & Catering Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 57: Europe Electronics Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 58: Europe Electronics Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 59: Europe Others Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 60: Europe Others Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 61: Europe Travel Retail Market by Sale Channel; 2021 (Percentage, %)
Figure 62: Europe Airport Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 63: Europe Airport Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 64: Europe Border, Down-Town & Hotel Shop Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 65: Europe Border, Down-Town & Hotel Shop Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 66: Europe Railway Station Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 67: Europe Railway Station Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 68: Europe Cruise Liner Travel Retail Market by Value, 2017-2021 (US$ Million)
Figure 69: Europe Cruise Liner Travel Retail Market by Value, 2022-2027 (US$ Million)
Figure 70: Europe Travel Retail Market by Region; 2021 (Percentage, %)
Figure 71: UK Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 72: UK Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 73: Germany Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 74: Germany Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 75: France Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 76: France Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 77: Spain Travel Retail Market by Value, 2017-2021 (US$ Million)
Figure 78: Spain Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 79: Rest of Europe Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 80: Rest of Europe Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 81: North America Travel Retail Market by Value; 2017-2021 (US$ Billion)
Figure 82: North America Travel Retail Market by Value; 2022-2027 (US$ Billion)
Figure 83: North America Travel Retail Market by Region; 2021 (Percentage, %)
Figure 84: The US Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 85: The US Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 86: The US Travel Retail Market by Sale Channel; 2021 (Percentage, %)
Figure 87: The US Airport Travel Retail Market by Value, 2017-2021 (US$ Billion)
Figure 88: The US Airport Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 89: The US Border, Down-Town & Hotel Shop Travel Retail Market by Value, 2017-2021 (US$ Million)
Figure 90: The US Border, Down-Town & Hotel Shop Travel Retail Market by Value, 2022-2027 (US$ Billion)
Figure 91: The US Railway Station Travel Retail Market by Value, 2017-2021 (US$ Million)
Figure 92: The US Railway Station Travel Retail Market by Value, 2022-2027 (US$ Million)
Figure 93: The US Cruise Liner Travel Retail Market by Value, 2017-2021 (US$ Million)
Figure 94: The US Cruise Liner Travel Retail Market by Value, 2022-2027 (US$ Million)
Figure 95: Canada Travel Retail Market by Value, 2017-2021 (US$ Million)
Figure 96: Canada Travel Retail Market by Value, 2022-2027 (US$ Million)
Figure 97: Mexico Travel Retail Market by Value, 2017-2021 (US$ Million)
Figure 98: Mexico Travel Retail Market by Value, 2022-2027 (US$ Million)
Figure 99: Middle East & Africa Travel Retail Market by Value; 2017-2021 (US$ Billion)
Figure 100: Middle East & Africa Travel Retail Market by Value; 2022-2027 (US$ Billion)
Figure 101: Latin America Travel Retail Market by Value; 2017-2021 (US$ Billion)
Figure 102: Latin America Travel Retail Market by Value; 2022-2027 (US$ Billion)
Figure 103: Global Number of Flights Tracked by Flightradar24 per day; 2020–2021 (Thousand)
Figure 104: Global Number of International Tourist Arrivals; 2017-2021 (Million)
Figure 105: Hainan Domestic Tourist Arrival; 2019-2020 (Million)
Figure 106: Global Millennial Population; 2018-2021 (Billion)
Figure 107: Global GenZ Population; 2018-2021 (Billion)
Figure 108: Global Urban Population; 2017-2021 (Percentage, %)
Figure 109: Global Middle-Class Population; 2020-2030 (Billion)
Figure 110: The US Number of Public Airports; 2016–2020 (Thousand)
Figure 111: Global Artificial Intelligence (AI) Market Revenues; 2020-2023 (US$ Billion)
Figure 112: Global Spending on Digital Transformation (DX); 2021-2026 (US$ Trillion)
Figure 113: Global Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR) Market Revenue; 2021-2028 (US$ Billion)
Figure 114: Global Robot Industry Market Size; 2018-2028 (US$ Billion)
Figure 115: Technological Advancements
Figure 116: Dufry AG Turnover by Region; 2021 (Percentage, %)
Figure 117: Hotel Shilla Co., Ltd Total Sales by Segment; 2021 (Percentage, %)
Figure 118: Lagard?re Group Revenue by Division; 2021 (Percentage, %)
Figure 119: LVMH Mo?t Hennessy Louis Vuitton Revenue by Business Group; 2021 (Percentage, %)
Figure 120: WH Smith PLC Revenue by Segment; 2021 (Percentage, %)
Figure 121: Shinsegae Inc Sales by Segment; 2021 (Percentage, %)
Table 1: China Travel Retail Market Players: Ownership Comparison
Table 2: China Travel Retail Market Players: Offshore Duty-Free Store Comparison; 2020