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The global travel retail market size will grow from $68.91 billion in 2022 to $79.05 billion in 2023 at a compound annual growth rate (CAGR) of 14.7%.
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Travel Retail Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032 © The Business Research Company. All Rights Reserved.
Travel Retail Market Segments The Business Research Company segments it’s Travel Retail market report as: Perfume and Cosmetics, Wine and Spirit, Electronics, Luxury Goods, Food, Confectionery, and Catering, Tobacco, Other Products By Product Type Airports, Cruise Lines, Border, Down Town and Hotel Shops, Railway Stations, Other Channels By Channel Children (less than 18 years old), Youth (18-30 years old), Middle- aged (18-59 years old), The Elder (greater than 60 years old) By End Users © The Business Research Company. All Rights Reserved.
Travel Retail Market Statistics The global Travel Retail market size is expected to grow from $5.97 billion in 2022 to $6.73 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The global Travel Retail market size is expected to grow to $10.68 billion in 2027 at a CAGR of 12.2%. Global Travel Retail Market Size Forecast To 2032 12.2 12 12 2022 2023 2027 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers The growing number of international travellers is expected to propel the growth of the travel retail market going forward. Trends Technological Advancement is a key trend gaining popularity in the travel retail market. Region Asia-Pacific was the largest region in the travel retail market in 2022. The regions covered in the travel retail market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Travel Retail market are: ▪ Dufry AG ▪ Duty free americas Inc ▪ Lotte Hotel ▪ Lagardère sca ▪ The shilla duty free ▪ And more. Get More Information On The Travel Retail Market Report © The Business Research Company. All Rights Reserved.
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