世界の旅行小売市場 – 2031 年までの業界動向と予測

旅行小売市場の分析と規模

ブランドの存在感と知名度は、旅行小売市場において極めて重要な特徴です。大手ブランドは、旅行者の注目を集めるために戦略的に自社の地位を確立しています。毎年何百万人もの乗客が空港やその他の交通ハブを通過する旅行小売は、ブランドが世界中の多様な顧客に向けて自社製品を展示する比類のない機会を提供します。ブランドは、目を引くディスプレイ、独占的なプロモーション、没入型体験に投資することで、知名度を高め、ブランド認知度を高め、最終的には売上を伸ばすことを目指しています。旅行小売環境の競争的な性質により、ブランドは革新と差別化を余儀なくされ、ブランドの存在が消費者の購買決定に影響を与える重要な役割を果たすダイナミックな市場が生まれます。

世界のトラベルリテール市場規模は、2023年に700.6億米ドルと評価され、2024年から2031年の予測期間中に14.09%のCAGRで成長し、2031年までに2011.2億米ドルに達すると予測されています。市場価値、成長率、市場セグメント、地理的範囲、市場プレーヤー、市場シナリオなどの市場洞察に加えて、データブリッジ市場調査チームがまとめた市場レポートには、詳細な専門家分析、輸入/輸出分析、価格分析、生産消費分析、消費者行動が含まれています。

レポートの範囲と市場セグメンテーション

市場の定義

トラベル リテールには、化粧品、アルコール、高級品、お土産など、幅広い製品が含まれます。トラベル リテールは、移動中に便利なショッピング オプションや特別な取引を探している旅行者という固定客層を活用します。ブランドにとって、多様なグローバル顧客ベースにリーチするユニークな機会を提供し、免税ショッピングを特徴としていることが多いため、海外旅行者にとって魅力的なショッピング デスティネーションとなっています。

旅行小売市場の動向

ドライバー

• 免税ショッピング優遇措置の拡大により、旅行者は商品にかかる税金を減額される

免税ショッピング インセンティブは、消費者にとって魅力的な価値提案となり、旅行中の購入を促します。免税ショッピング インセンティブは節税効果があり、旅行小売業者はより多くの顧客基盤を獲得し、売上高を増やすことができます。この戦略は旅行者のショッピング体験を向上させ、小売業者の収益増加を刺激し、旅行小売市場全体の拡大に貢献します。その結果、免税ショッピング インセンティブを活用することは、免税および旅行小売セクター内の有利な機会を活用したい小売業者にとって戦略上不可欠なものとなっています。

• 観光産業の成長による新たな旅行拠点の開発の増加

レジャー、ビジネス、その他の目的で国内外を旅行する人が増えるにつれ、空港、駅、観光スポットなど、さまざまな旅行先で小売製品の需要が高まっています。観光客は旅行中にお土産、ギフト、日用品を求めることが多く、小売販売を促進します。さらに、観光産業の拡大は新しい旅行拠点やインフラの開発につながり、小売業者が店舗を設立して旅行者のニーズに応える機会を提供します。観光業のこの持続的な成長は、旅行小売業セクター内の継続的な拡大と革新を促進し、旅行小売業を世界の小売業界の重要な要素にしています。

機会

• インフラ開発の進展により、消費者にとって便利な旅行体験が促進される

Improved transportation hubs, such as airports, train stations, and ports, offer enhanced connectivity and accessibility, making it easier for travelers to reach their destinations. As infrastructure expands, it creates more opportunities for retail outlets within these travel hubs, where consumers can shop for a wide range of products conveniently during their journeys. This increased accessibility leads to higher foot traffic and sales volumes in travel retail outlets, driving growth in the market. Modernized infrastructure often accompanies enhancements in amenities and services, further enhancing the overall shopping experience for travelers and incentivizing spending.

• Expanding Consumer Base with Rising Disposable Income

As people have more money to spend, they are inclined to indulge in travel experiences and luxury purchases during their journeys. This trend particularly benefits travel retail outlets located in airports, train stations, and other transit hubs, where travelers have time and inclination to shop. Additionally, higher disposable incomes often correlate with increased international travel, further boosting sales in duty-free and travel retail environments. Capitalizing on this trend allows travel retailers to cater to a growing demographic of affluent consumers seeking convenience and luxury while on the move.

Restraints/Challenges

• Growing Infrastructure Limitations Hinders the Physical Space for Retail Operations

Limited retail space and capacity bottlenecks can restrict the expansion of retail outlets, leading to fierce competition for prime locations. This constraint impedes retailers' ability to meet the evolving demands of travelers and offer a diverse range of products and services. Infrastructure constraints may hinder the implementation of innovative retail concepts and the provision of seamless shopping experiences, thereby affecting revenue potential and customer satisfaction in the travel retail sector..

• Travel Retailers Experiencing Intense Competition from Online Retail

As consumers increasingly turn to e-commerce for convenience and a wider product selection, traditional travel retailers face challenges in capturing sales within physical travel hubs. Online platforms offer 24/7 accessibility, competitive pricing, and personalized shopping experiences, drawing customers away from brick-and-mortar stores in airports and other transit locations. The ease of comparing prices and products online makes it harder for travel retailers to differentiate themselves and attract customers.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In January 2023, Lotte Duty Free's collaboartion with South Korean beauty brand, nonfiction, exemplifies the travel retail industry's trend towards diversifying product offerings. It introduces renowned local brands, Lotte Duty Free enhances its appeal to travelers seeking authentic experiences and premium beauty products
• In June 2021, LVMH's collaboration with environmental nonprofit Canopy underscores the increasing focus on sustainability in the travel retail market. Such initiatives demonstrate a commitment to eco-conscious practices, aligning with the growing consumer demand for environmentally friendly products and experiences while traveling
• In February 2021, Hudson Group's launch of the Hudson Nonstop store at Dallas Love Field Airport, utilizing Amazon's Just Walk Out technology, illustrates the integration of innovative retail solutions in travel environments. This advancement enhances convenience for travelers by streamlining the shopping experience, reflecting the industry's adaptation to evolving consumer preferences and technological advancements
• In February 2021, DFS's joint venture with Shenzhen Duty Free Group to establish a duty-free shopping center in Haikou Mission Mills, Hainan, highlights the expansion strategies employed by travel retailers to capitalize on emerging markets and popular travel destinations. Strategically locating duty-free outlets in high-traffic areas, such as downtown centers and tourist destinations, retailers can reach to the growing demand for duty-free shopping experiences among travelers

Travel Retail Market Scope

The market is segmented on the product, sector, distribution channel and end users.  The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Perfume and Cosmetics
• Wine and Spirit
• Electronics
• Luxury Goods
• Food
• Confectionery and Catering
• Tobacco
• Others

Distribution channel

• Airport
• Cruise Liner
• Railway Station
• Border
• Downtown
• Hotel Shop

Sector

• Duty-Free
• Duty-Paid

End Users

• Children (less than 18 years old)
• Youth (18-30 years old)
• Middle-aged (18-59 years old)
• The Elder (greater than 60 years old)

Travel Retail Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by product, distribution channel, sector and end users as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel and rest of Middle East and Africa.

The Asia-Pacific is expected to dominate the market due to its rapid infrastructure development and the booming travel and tourism industry, particularly in China and India. This growth is further propelled by increasing per capita income and improved standards of living across the region. As disposable incomes rise, consumers are increasingly inclined towards travel and leisure activities, contributing to the expansion of the market. This favorable economic landscape creates a conducive environment for sustained growth and investment opportunities in various sectors within the Asia-Pacific.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Travel Retail Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

• King Power Group (Thailand)
• Aer Rianta International (Ireland)
• DFS Group Ltd. (Hong Kong)
• Dubai Duty Free. (U.A.E.)
• China tourism group (China)
• Gebr. Heinemann SE & Co. KG (Germany)
• Duty Free Americas, Inc. (U.S.)
• Flemingo. (India)
• Qatar Duty Free (Qatar)
• 3Sixty Duty Free (U.S.)
• Dufry (Switzerland)
• Lagardère (France)

SKU-43624