Duty-Free and Travel Retail Market – Global Outlook and Forecast 2018-2023 – ResearchAndMarkets.com

The “Duty-Free
and Travel Retail Market – Global Outlook and Forecast 2018-2023”
report has been added to ResearchAndMarkets.com’s
offering.

This market research report on global duty free and travel retail market
offers analysis on market size & forecast, market share, industry
trends, growth drivers, and vendor analysis. The market study also
includes insights on segmentation by products (fragrance and cosmetics,
liquor, fashion and accessories, tobacco goods, electronics, watches,
and confectionery) and by geography (APAC, Europe, Americas, Middle
East, and Africa).

The growing demand for retail chains that offer luxury and premium
brands of various products is augmenting the growth of the global
duty-free and travel retail market. These distribution channels provide
passengers value, enhance their experience while traveling, generate
value addition to economic activity, and creates employment that
contributes to overall GDP across the global market. The rising
popularity of the travel and tourism industry is one of the primary
factors in the global market. These services enhance the experience and
value for money which enables consumers to shop premium and luxury
brands at discounted price in the global market.

The idea of temporary spaces that offer end-users extra time after
security check-in and allows them to get entertained, excited, and
indulgent with the ambiance and experience of shopping for international
products. The increasing focus on digitalizing the retailing process so
that they could maximize their profit and convert more customers will
boost sales in the global market.

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/bqxxk3/dutyfree_and?w=4

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View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005355/en/

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