Duty-free Retailing Market in Europe 2017-2021

  • ID: 4435026
  • Report
  • Region: Europe
  • 86 pages
  • TechNavio
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FEATURED COMPANIES

  • China Duty-free Group
  • Dubai Duty-free
  • Dufry
  • Duty-free Americas
  • Gebr. Heinemann
  • King Power International
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Duty-free Retailing

Duty-free retailers are those that are exempted from certain local and national taxes and duties because they sell goods to international travelers. However, taxes may be imposed on duty-free goods when buyers reach their country of destination or when the quantity of the goods exceeds certain set limits. These retailers operate at international airports and seaports, border towns, train stations, and onboard aircraft and ships. These retailers offer products such as perfumes, cosmetics, alcohol, cigarettes, chocolates, electronics, and accessories. The duty-free retailing market in Europe is expected to grow significantly during the forecast period, due to the expansion in international airports and increasing number of passengers.

The analysts forecast the duty-free retailing market in Europe to grow at a CAGR of 6.06% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the duty-free retailing market in Europe 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 in the region.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Duty-Free Retailing Market in Europe 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.

Key vendors
  • daa (Aer Rianta International)
  • Dufry
  • Lagardère
  • LVMH
Other prominent vendors
  • China Duty-free Group
  • Dubai Duty-free
  • Duty-free Americas
  • Gebr. Heinemann
  • JR/Group (James Richardson)
  • King Power International
  • THE SHILLA DUTY-FREE
Market drivers
  • Premium product offerings and exemption from excise duties
  • For a full, detailed list, view the full report
Market challenges
  • Low consumer interest in shopping at travel points
  • For a full, detailed list, view the full report
Market trends
  • Entry of global brands in European market
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • China Duty-free Group
  • Dubai Duty-free
  • Dufry
  • Duty-free Americas
  • Gebr. Heinemann
  • King Power International
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Global duty-free retailing market
PART 05: MARKET LANDSCAPE
  • Duty-free retailing market in Europe
  • Market size and forecast
PART 06: FIVE FORCES ANALYSIS
  • Five forces analysis
PART 07: MARKET SEGMENTATION BY PRODUCT
  • Duty-free retailing market in Europe by product
  • Comparison by product
  • Fashion, accessories, and hard luxury - market size and forecast
  • Cosmetics and perfumes - market size and forecast
  • Wine and spirits - market size and forecast
  • Tobacco - market size and forecast
  • Confectionery and fine foods - market size and forecast
  • Market opportunity by product
PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Duty-free retailing market in Europe by distribution channel
  • Comparison by distribution channel
  • Airports - market size and forecast
  • Border, downtown, and hotel shops - market size and forecast
  • Cruise lines, ferries, and seaports - market size and forecast
  • Rail stations and others - market size and forecast
  • Market opportunity by distribution channel
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Entry of global brands in European market
  • International retailers focusing on M&A
PART 12: VENDOR LANDSCAPE
  • Competitive scenario
  • Key insights
PART 13: VENDOR ANALYSIS
  • Vendor overview
  • Comparative analysis of key vendors
  • daa (Aer Rianta International)
  • Dufry
  • Lagardère
  • LVMH
  • Other prominent vendors
PART 14: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Global duty-free retailing market 2016 (% share of revenue)
Exhibit 02: Duty-free retailing market in Europe 2016
Exhibit 03: Duty-free retailing market in Europe: Supply chain
Exhibit 04: Duty-free retailing market in Europe 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Duty-free retailing market in Europe: Segmentation by product 2016-2021 (% share of revenue)
Exhibit 07: Duty-free retailing market in Europe: Comparison by product 2016
Exhibit 08: Duty-free fashion, accessories, and hard luxury retailing market in Europe- Market size and forecast 2016-2021 ($ billions)
Exhibit 09: Duty-free fashion, accessories, and hard luxury retailing market in Europe - Year-over-year growth 2017-2021 (% value)
Exhibit 10: Duty-free cosmetics and perfumes retailing market in Europe - Market size and forecast 2016-2021 ($ billions)
Exhibit 11: Duty-free cosmetics and perfumes retailing market in Europe - Year-over-year growth 2017-2021 (% value)
Exhibit 12: Duty-free wine and spirits retailing market in Europe- Market size and forecast 2016-2021 ($ billions)
Exhibit 13: Duty-free wine and spirits retailing market in Europe- Year-over-year growth 2017-2021 (% value)
Exhibit 14: Duty-free tobacco retailing market in Europe - Market size and forecast 2016-2021 ($ billions)
Exhibit 15: Duty-free tobacco retailing market in Europe - Year-over-year growth 2017-2021 (%)
Exhibit 16: Duty-free confectionery and fine foods retailing market in Europe - Market size and forecast 2016-2021 ($ billions)
Exhibit 17: Duty-free confectionery and fine foods retailing market in Europe - Year-over-year growth 2017-2021 (% value)
Exhibit 18: Duty-free retailing market in Europe by distribution channel - market size and forecast 2016-2021 (% share of revenue)
Exhibit 19: Comparison by distribution channel 2016
Exhibit 20: Popular European airports with duty-free retail stores 2016
Exhibit 21: Duty-fee retailing market in Europe by airports - Market size and forecast 2016-2021 ($ billions)
Exhibit 22: Duty-free retailing market in Europe by airports - Year-over-year growth 2017-2021 (%)
Exhibit 23: Duty-free retailing market in Europe by border, downtown, and hotel shops - Market size and forecast 2016-2021 ($ billions)
Exhibit 24: Duty-free retailing market in Europe by border, downtown, and hotel shops - Year-over-year growth 2017-2021 (% value)
Exhibit 25: Duty-free retailing market in Europe by cruise lines, ferries, and seaports - Market size and forecast 2016-2021 ($ billions)
Exhibit 26: Duty-free retailing market in Europe by cruise lines, ferries, and seaports- Year-over-year growth 2017-2021 (% value)
Exhibit 27: Duty-free retailing market in Europe by rail stations and others - Market size and forecast 2016-2021 ($ billions)
Exhibit 28: Rail stations and others - Year over year growth 2017-2021 (%)
Exhibit 29: Key vendors: Comparative analysis of product portfolio, product pricing, and geographical presence 2016
Exhibit 30: daa: Business segmentation 2016 (% share of revenue)
Exhibit 31: daa: Geographical segmentation 2016 (% share of revenue)
Exhibit 32: Dufry: Business segmentation 2016 (% share of revenue)
Exhibit 33: Dufry: Geographical segmentation 2016 (% share revenue)
Exhibit 34: Dufry: Product segmentation 2016 (% share of revenue)
Exhibit 35: Dufry: Distribution channel segmentation 2016 (% share of revenue)
Exhibit 36: Lagardère: Business segmentation 2016 (% share of revenue)
Exhibit 37: LVMH: Business segmentation 2016 (% share of revenue)
Exhibit 38: LVMH: Geographical segmentation 2016 (% share of revenue)
Exhibit 39: Duty-free retailing market in Europe: Other prominent vendors 2016
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FEATURED COMPANIES

  • China Duty-free Group
  • Dubai Duty-free
  • Dufry
  • Duty-free Americas
  • Gebr. Heinemann
  • King Power International
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Duty-Free Retailing Market in Europe 2017-2021

The author of the report recognizes the following companies as the key players in the duty-free retailing market in Europe: daa (Aer Rianta International), Dufry, Lagardère, and LVMH

Other Prominent Vendors in the market are: China Duty-free Group, Dubai Duty-free, Duty-free Americas, Gebr. Heinemann, JR/Group (James Richardson), King Power International, and THE SHILLA DUTY-FREE.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Entry of global brands in European market. Since duty-free retailing markets of different European countries are actively being promoted as shopping destinations, an emerging category of travelers consider shopping at these spots an integral part of their travel experience. LVMH, one of the leading retailers in the market and the largest luxury brand owner, is also one of the largest investors in duty-free retailing and the revenue growth from its duty-free business, recorded a significant increase in its revenue. Hermès, one of the well-known luxury brands in France, is optimizing and expanding a network of boutiques in airports to showcase its retail design concept and service. Thus, the entry of global brands in the regional market is expected to have a positive impact on the growth of the market during the forecast period.”

According to the report, one of the major drivers for this market is Premium product offerings and exemption from excise duties. In Europe, duty-free retailing is mostly concentrated on the value sales of luxury brands of fashion goods, accessories, hard luxury items, cosmetics, fragrances, wines and other non-alcoholic beverages. Among these, fashion goods, accessories, hard luxury items, cosmetics, and fragrances accounted for more than two-thirds of the total revenue generated in the regional market in 2016. This data indicates that premium categories play a pivotal role in determining sales in the duty-free retailing space. International retailers of duty-free goods such as DFS from LVMH and Dufry are adding more luxury brands to their product portfolios to augment their sales.

Further, the report states that one of the major factors hindering the growth of this market is Low consumer interest in shopping at travel points. Limited time for vacations and leisure for many tourists compels them to focus on traveling rather than spending time and money on related activities such as shopping. Analysis of the daily footprint data of travelers in any given busy international airport has shown that only 5%to 10% of the total number of travelers tend to visit duty-free retail stores in an airport.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • daa (Aer Rianta International)
  • Dufry
  • Lagardère
  • LVMH
  • China Duty-free Group
  • Dubai Duty-free
  • Duty-free Americas
  • Gebr. Heinemann
  • JR/Group (James Richardson)
  • King Power International
  • THE SHILLA DUTY-FREE
Note: Product cover images may vary from those shown
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