Fashion and accessories is the largest product category and accounted for more than half of the revenue share in the global airport retail market the segment is. A recent report by globaldata revealed a wealth of potential in travel retail, with spending in airports reaching a global total of $38 billion in. Global airport retailing | verdict channel report summary after two years of slowing growth due to a weak global economy, we forecast that airport retail sales. After five years of strong growth, prospects for airport retail in the mid-term remain positive these changes in airports' expectations reinforce global operators. The report airport retailing market by type (direct retailer, department store, fashion & accessories) - global forecast to 2021, the airport retailing market.
2 days ago the market report has been prepared based on an in-depth airport retailing market analysis with inputs from industry experts the report. Airport retailing is the largest market in the broader international travel retail market it includes all retail operations in airports (in departures. Airports have globally embraced the importance of the f&b market despite this , global duty-free retailers have strengthened their position to. As the global leader in prestige makeup and skin care in travel retail, we are expanding into new airports, increasing the number of brands, products and.
Global airport retailing market has grown very quickly and is forecast to see continued buoyancy nevertheless, there are significant risks to this. News retail : travel retail, especially retail in airports, is a huge opportunity firm globaldata's latest report, global airport retailing 2016-2021. Global airport retailing 2016-2021 provides the details about international travel retail market it includes airport travel retail sales at airside as well as. Recently, airports council international (aci), the airports global trade 6810/ 1872 +38 (non-aeronautical) 6135/1686 +93 (retail.
opportunities in airport retailing, airline-airport partnerships, airport the capa global atc summit is a new event for 2018 and will provide. This has driven the market for airport retailing in europe but also all over the world the total rate of global duty free and travel retail has decreased between. An international airport is an airport that offers customs and immigration facilities for some international airports may offer retail sales of luxury goods at duty- free stores, such as at terminal 3 at indira gandhi the world airport awards are voted by consumers in an independent global customer satisfaction survey.
Sep 282015 flio aims to become the first global airport app, aggregating airport information and giving travellers exclusive airport retail offers it thinks its killer. Following a drop in sales in 2009 the global airport retailing market has bounced back however, growth is being driven predominantly by. Cir, travel retail's leading intelligence company has worked with parent company based on studies conducted across 15 international airports in key global. According to datamonitor retail, the global airport retail market will grow by more than 60% to worth us$441 billion by end of 2015. Global airport retailing will grow 27% to $49 billion by 2021, according to research from globaldata, an analysis, data and solutions company.
The airport retailing research report contains a professional analysis of the current state of the global airport retailing market and the factors. Travel retail market accounts for $635 billion in global revenue—and that figure is airport, to buy themselves a treat comes up almost one-third of the time. Airport retailers need to evolve their proposition in order to maintain and technology presents a great opportunity for global travel brands.
This statistic shows the airport retail industry market share worldwide in 2014, for approximately 24 percent of the global airport retail industry market that year. Are twice as likely to shop spend 7% more on retail and 10% more on duty free our data further suggests that satisfaction with the global airport experience.
Airport retailing 2018 global market key players – dufry, dubai duty free, dfs group, le bridge duty free, bahrain duty free shop complex. Duty-free shops (or stores) are retail outlets that are exempt from the payment of certain local or with 35 percent of global duty-free and travel retail sales, beat europe and americas, the world's first duty-free shop was established at shannon airport in ireland by brendan o'regan in 1947 and is still open to this day. Because of the increasing importance of travel retail companies such as airport retail is morphing from sundries and souveniers to luxury.Download