Duty-Free Retailing Market Size by Sales Channel, by Type, Geography And Forecast

Report Highlights

Duty-Free Retailing Market Size and Forecast

The Duty-Free Retailing Market was valued at USD 85.40 billion in 2019 and is projected to reach USD 139.29 billion by 2027, growing at a CAGR of 6.8% from 2020 to 2027.

Market Overview:

The Duty-Free Retailing Market report provides a comprehensive evaluation of the market for the forecast period. It includes various segments and an analysis of the prevailing trends and factors playing a substantial role in the market. The market dynamics encompass intrinsic factors such as drivers and restraints, as well as extrinsic factors such as opportunities and challenges, through which the impact of these factors on the market is outlined. Throughout the prognosis period, the report provides an outlook on the market's revenue development.

Global Duty-Free Retailing Market Outlook:

A number of countries, such as France and the United States, are consistently popular tourism destinations, but other, less well-known countries are quickly emerging in order to reap the economic benefits of the industry.

This report provides an all-inclusive environment for the analysis of the Duty-Free Retailing Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Duty-Free Retailing Market growth.

The report includes Porter's Five Forces analysis, which explains the five forces: namely buyers' bargaining power, suppliers' bargaining power, the threat of new entrants, the threat of substitutes, and the degree of competition in the Duty-Free Retailing Market. It also elucidates the roles of various participants, such as system integrators, intermediaries, and end-users within the market ecosystem. The report also focuses on the competitive landscape of the Duty-Free Retailing Market.