Market Overview:
The global airport retailing market reached a value of US$ 20.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 41.6 Billion by 2027, exhibiting a CAGR of 10.06% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Airport retailing includes services like hotels, nursing homes, car rental outlets, exchange offices, banks, and drugstores. It also comprises books and magazines, gifts and crafts, jewelry, clothing and accessories, optics, and souvenirs stores. Besides this, it assists in providing convenience to people traveling by delivering a variety of merchandise. As it also aids in generating brand awareness, airport retailing is finding extensive application in airports across the globe.
Airport Retailing Market Trends:
The flourishing travel and tourism industry on account of rising bleisure travel represents one of the key factors strengthening the growth of the market. Apart from this, a significant increase in the time spent by passengers at airports due to early check-in times for security and operational concerns has positively influenced the demand for airport retailing worldwide. This can also be attributed to the surging disposable incomes and changing lifestyles of individuals around the world. Furthermore, as retail stores at airports are duty-free, which is exempted payment of local or national taxes, they allow travelers to purchase available products at a relatively cheaper rate. This, in confluence with numerous initiates undertaken by brands to customize their offering and improve the overall shopping experience of travelers, is creating a favorable market outlook. Moreover, brands are engaging in extensive research activities to collect data related to location, flight schedules, and the number of passengers in the flight. These activities assist brands in keeping check of warehouses, adopting price skimming strategies, and conducting promotional activities to meet the preferences of the customer base. Additionally, the market is projected to impel on account of the rising trend of bringing souvenirs while traveling.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global airport retailing market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, airport size and distribution channel.
Breakup by Product:
- Liquor and Tobacco
- Perfumes and Cosmetics
- Fashion and Accessories
- Food and Beverages
- Others
Breakup by Airport Size:
- Large Airport
- Medium Airport
- Small Airport
Breakup by Distribution Channel:
- Direct Retailers
- Convenience Stores
- Specialty Retailers
- Departmental Stores
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Airport Retail Group LLC, Autogrill S.p.A., China Duty Free Group Co. Ltd. (China International Travel Service Co. Ltd.), DFS Group Ltd. (LVMH Moët Hennessy Louis Vuitton), Dubai Duty Free, Dufry AG, Duty Free Americas Inc., Flemingo International Ltd., Gebr. Heinemann SE & Co. KG, Japan Airport Terminal Co. Ltd., KING POWER International and Lagardère Travel Retail (Lagardère Group).
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product, Airport Size, Distribution Channel, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Airport Retail Group LLC, Autogrill S.p.A., China Duty Free Group Co. Ltd. (China International Travel Service Co. Ltd.), DFS Group Ltd. (LVMH Moët Hennessy Louis Vuitton), Dubai Duty Free, Dufry AG, Duty Free Americas Inc., Flemingo International Ltd., Gebr. Heinemann SE & Co. KG, Japan Airport Terminal Co. Ltd., KING POWER International and Lagardère Travel Retail (Lagardère Group) |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global airport retailing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global airport retailing market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the airport size?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global airport retailing market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Airport Retailing Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Liquor and Tobacco
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Perfumes and Cosmetics
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fashion and Accessories
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Food and Beverages
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Airport Size
7.1 Large Airport
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium Airport
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Small Airport
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Direct Retailers
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialty Retailers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Departmental Stores
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Airport Retail Group LLC
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Autogrill S.p.A.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 China Duty Free Group Co. Ltd. (China International Travel Service Co. Ltd.)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 DFS Group Ltd. (LVMH Moët Hennessy Louis Vuitton)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Dubai Duty Free
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Dufry AG
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Duty Free Americas Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Flemingo International Ltd.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Gebr. Heinemann SE & Co. KG
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Japan Airport Terminal Co. Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 KING POWER International
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Lagardère Travel Retail (Lagardère Group)
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Airport Retailing Market: Major Drivers and Challenges
Figure 2: Global: Airport Retailing Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Airport Retailing Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Airport Retailing Market: Breakup by Product (in %), 2021
Figure 5: Global: Airport Retailing Market: Breakup by Airport Size (in %), 2021
Figure 6: Global: Airport Retailing Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Airport Retailing Market: Breakup by Region (in %), 2021
Figure 8: Global: Airport Retailing (Liquor and Tobacco) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Airport Retailing (Liquor and Tobacco) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Airport Retailing (Perfumes and Cosmetics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Airport Retailing (Perfumes and Cosmetics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Airport Retailing (Fashion and Accessories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Airport Retailing (Fashion and Accessories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Airport Retailing (Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Airport Retailing (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Airport Retailing (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Airport Retailing (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Airport Retailing (Large Airport) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Airport Retailing (Large Airport) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Airport Retailing (Medium Airport) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Airport Retailing (Medium Airport) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Airport Retailing (Small Airport) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Airport Retailing (Small Airport) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Airport Retailing (Direct Retailers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Airport Retailing (Direct Retailers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Airport Retailing (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Airport Retailing (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Airport Retailing (Specialty Retailers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Airport Retailing (Specialty Retailers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Airport Retailing (Departmental Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Airport Retailing (Departmental Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Airport Retailing Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Airport Retailing Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Airport Retailing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Airport Retailing Industry: SWOT Analysis
Figure 82: Global: Airport Retailing Industry: Value Chain Analysis
Figure 83: Global: Airport Retailing Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Airport Retailing Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Airport Retailing Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Airport Retailing Market Forecast: Breakup by Airport Size (in Million US$), 2022-2027
Table 4: Global: Airport Retailing Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Airport Retailing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Airport Retailing Market: Competitive Structure
Table 7: Global: Airport Retailing Market: Key Players