Travel retail market size is expected to reach $153.7 billion by 2025, registering a CAGR of 9.6% during the forecast period.
Rise in disposable income improves consumers' lifestyle and shifts their preference toward apparels, luxury goods, premium fragrances, cosmetics, and other products. Moreover, developments in emerging economies such as Asia-Pacific and LAMEA is projected to supplement the growth of the global travel retail market. However, unorganized local market and stringent government regulations in airport retailing hamper the market growth.
Major Key Players of the Travel Retail Market are:DFS Group, Dufry, LS Travel Retail, Lotte Duty Free, King Power International Group, The Shilla Duty Free, Gebr. Heinemann, China Duty Free Group (CDFG), Aer Rianta International (ARI), The Naunace Group
Read More @ https://www.openpr.com/news/2013559/travel-retail-market-set-for-rapid-growth-during-2018-2025-dfs
Rise in disposable income improves consumers' lifestyle and shifts their preference toward apparels, luxury goods, premium fragrances, cosmetics, and other products. Moreover, developments in emerging economies such as Asia-Pacific and LAMEA is projected to supplement the growth of the global travel retail market. However, unorganized local market and stringent government regulations in airport retailing hamper the market growth.
Major Key Players of the Travel Retail Market are:DFS Group, Dufry, LS Travel Retail, Lotte Duty Free, King Power International Group, The Shilla Duty Free, Gebr. Heinemann, China Duty Free Group (CDFG), Aer Rianta International (ARI), The Naunace Group
Read More @ https://www.openpr.com/news/2013559/travel-retail-market-set-for-rapid-growth-during-2018-2025-dfs
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