Travel Retail Market: Key Trends with Market size, Industry Share, Market players and Forecast to 2026

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According to the latest report published by Credence Research, Inc. “Global Travel Retail Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global Travel Retail market accounted for US$ 63.59 Bn in 2017, expanding at a CAGR of 8.1.% from 2018 to 2026.

Credence Research lately added a new report titled “Travel Retail Market – Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast – 2017 to 2026” to its repository. This latest research study investigates the Travel Retail market through different segments primarily based on type, application and end-use, market participants, areas and presents country-level evaluation over the forecast period from 2017 to 2026.

Market Insights:

The global market for travel retail was at US$ 63.59 Bn in 2017 growing with a CAGR of 8.1% during the forecast period from 2018 to 2026. According to United Nations’ World Tourism Organization, there has been tremendous growth in international tourist arrivals, from only 277 million in 1980 to over 1 billion in 2017. Significant development of the travel & tourism sector, along with medical tourism, raised the demand for travel retail services. Especially in the Asia Pacific region, the introduction of democratic airlines for traveling and budget airlines have contributed to the growing number of travelers. According to statistics from Airports Council International, the region witnessed significant increase in the travelers in 2017 as compared to 2016; increase in the traveler’s growth rate was substantially higher than world average.

Browse Here For Full Report Travel Retail Market – Growth, Future Prospects, and Competitive Landscape, 2017-2026 with ToC:

The report on the Travel Retail market provides in-depth analysis covering key regional trends, market dynamics, and presents the country-level market size of the Travel Retail industry. Some of the key elements considered during the course of research included product definition, product classification, enterprise structure, a number of participants in the Travel Retail, etc.

The report consists of market sizes and forecast for the period from 2017 to 2026, and compounded annual growth rate (CAGR%) measured for individual segments and regional markets, competitive landscape of main market players, vital analysis of market dynamics and profiling of key providers collaborating in the Travel Retail market.

Report Focus: The ‘Travel Retail – Global Trends, Estimates and Forecasts, 2017-2026’ reviews the latest developments in plastics industry with a perceptive to perceive the near-future growth prospects. The industry is a fragmented market with multiple participants, opens up numerous investment opportunities. The main investment focus is Travel Retail business. An in-depth analysis throughout the geographic regions gives strategic enterprise intelligence for the industry investments.

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The study offers profitable investment techniques for R&D organizations, manufacturing units, distributors, Contract Research Organizations (CROs) and many more in preferred locations.

The report primarily focuses on: Latest Market Trends,

  • Region-wise Demand Factor
  • Key Growth Areas
  • Market Sizes
  • Key Competitors Edge
  • Investment Strategies

Estimates are primarily based on online surveys using customized questionnaires via our research team. Besides data from government databases, organization websites, press releases & published research reports are also used for estimates.

Geographic Coverage

  • North America Travel Retail Market Revenue and Forecast
  • Europe Travel Retail Market Revenue and Forecast
  • Asia Pacific Travel Retail Market Revenue and Forecast
  • Latin America Travel Retail Market Revenue and Forecast
  • Middle East and Africa Travel Retail Market Revenue and Forecast

Leading Players:

  • Aer Rianta International (ARI)
  • China Duty Free Group (CDFG)
  • DFASS Group
  • DFS Group
  • Dufry AG
  • Heinemann SE & Co. KG
  • King Power International Group
  • Lotte Group
  • Lagardère Group
  • The Naunace Group
  • The Shilla Duty Free

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