Global Airport Retailing Market, By Type (Liquor and Tobacco, Perfumes and Cosmetics, Fashion and Accessories, Food and Beverages, Pharmacy Products, Electronic Products, Arts, Fashion, Others), Airport Size (Large Airport, Medium Airport, Small Airport), Ownership (Corporate Chains, Independent Owners, Franchises), Applications (Airside, Landside, Other), Distribution Channel (Direct Retailer, Convenience Store, Specialty Retailer, Departmental store), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Airport Retailing Market
Airport retailing market size is expected to grow at a compound annual rate of 15.0% in the forecast period 2021 to 2028 and is likely to reach USD 45,000.0 million by 2028. Data Bridge Market Research report on airport retailing market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Airport retailing is basically the retail services provided to travellers inside the airport. These retail services at airports are located in central areas with high passenger flow to attract more customers. It also offers a wide variety of products such as perfumes, cosmetics, fashion, accessories, food and beverages among others. The retailing services depend on the type of travellers such as business travellers, vacationers or domestic and international passengers.
The increasing budget of the aviation industries and increasing the disposable income of the air travellers are expected to accelerate the overall demand for airport retailing market over the forecast period of 2021 to 2028. Moreover, some of the retailers and operators are adopting online services for such as omni-channel strategies for and time-conscious millennial travellers to expand their e-commerce presence and benefit from growing demand for online duty free purchases which are projected to proliferate demand for the market. However, stringent legal and political regulations are projected to hamper the growth of the market.
The development of new and existing airports is anticipated to further generate new opportunities for the airport retailing market in the forecast period. The travel restrictions by certain countries is projected to be challenging for the growth of the market.
This airport retailing 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 airport retailing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Airport Retailing Market Scope and Market Size
Airport retailing market is segmented on the basis of type, airport size, ownership, applications and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the airport retailing market is segmented into liquor and tobacco, perfumes and cosmetics, fashion and accessories, food and beverages, pharmacy and electronic products, arts, fashion and others.
- On the basis of airport size, the airport retailing market is segmented into large airport, medium airport and small airport.
- On the basis of ownership, the airport retailing market is segmented into corporate chains, independent owners and franchises.
- Based on applications, the airport retailing market is bifurcated into airside, landside and others.
- On the basis of distribution channel, the airport retailing market is further segmented into direct retailer, convenience store, specialty retailer and departmental store.
Airport Retailing Market Country Level Analysis
Airport retailing market is analyses and market size, volume information is provided by type, airport size, ownership, applications and distribution channel as referenced above.
The countries covered in the airport retailing rice market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe is estimated to lead the airport retailing due to immense growth opportunities and growth in the tourism sector. On the other hand, Asia Pacific is expected to show lucrative growth rate over the forecast period of 2021 to 2028 due to inclination towards luxurious lifestyle within this region.
The country section of the airport retailing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Global Airport Retailing Market Share Analysis
Airport retailing 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, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies.
The major players covered in the airport retailing report are InMotion Hosting, Delaware North Companies. Inc., XpresSpa Group, Areas, Paradies Lagardère Travel Retail, HMSHost, Hudson, SSP Group plc, Sodexo, Concessions International, Dubai Duty Free, Dufry, DFS Group Ltd, KING POWER International, THE SHILLA DUTY FREE, China Duty Free Group Co., Ltd, Gebr. Heinemann SE & Co. KG, Japan Airport Terminal Co. Ltd., Flemingo among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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