Duty-Free Retailing Market Analysis Worldwide Industry Share, Trends, Growth and Forecasts to 2021

The analysts forecast global duty-free retailing market to grow at a CAGR of 8.56% during the period 2017-2021.

The report, Global Duty-Free Retailing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The report covers the present scenario and the growth prospects of the global duty-free retailing market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of various consumer products to individual customers at duty-free retail stores globally.

Purchase a Copy of the Report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=811610

The market is divided into the following segments based on geography:

• Americas
• APAC
• Europe
• MEA

Key players in the global duty-free retailing market: Dufry, Lagardère, Lotte Shopping, and LVMH. Other Prominent Vendors in the market are: Aer Rianta International (ARI), China Duty Free Group, Dubai Duty Free, Duty Free Americas, Gebr. Heinemann, JR/Group (James Richardson), King Power International Group, and The Shilla Duty Free.

Commenting on the duty-free retailing market report, an analyst from said: “The latest trend gaining momentum in the market is APAC: Region with the highest growth rate. APAC is the fastest-growing region in the global duty-free space, primarily due to the increasing airport traffic and thriving tourism industry. In 2015, the number of international travelers to the region, in terms of international tourist arrivals, reached above 279 million. This number represented a growth of more than 5.5% compared with the previous year. Northeast Asia is the largest contributor, having close to 50% contribution of the number of international travelers. In line with this, the tourism industry in APAC is also growing significantly.

Inquire for Discount on the Report at http://www.rnrmarketresearch.com/contacts/discount?rname=811610 .

Further, the report states that one of the major factors hindering the growth of this market is lesser focus on shopping at travel points. The limited vacation time for many tourists compels them to focus more on traveling rather than spending time on related activities like shopping. While analyzing the daily footprint data of travelers in any given busy international airport, it was found that only 5%-10% of the total number of travelers tend to visit duty-free retail stores within the airport.

Report Inquire@ http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=811610

About Us:

RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.