Global Airport Retailing Market is valued approximately at USD 31.02 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.6% over the forecast period 2021-2027. Airport retailers can be found in departures, arrivals and airside. The global Airport Retailing Market is being driven by growing tourism industry and rise in personal disposable income. For instance, according to ourworldindata.org, the per capitaincome of the average person in the world has increased from $3,300 in 1950 to $14,574 in 2016., along with that, the average person in the world has become4.4-times richer than in 1950. Furthermore, the easy availability of international brands, growing air passenger traffic and improvement in standard of living will provide new opportunities for the global Airport Retailing Market industry. For instance, in 2021, Airport Retail Enterprises is expected to open F&B outlet at London Heathrow Airport. Likewise, in April 2021, R&F Travel Retail introduced its first airport store at Cologne Bonn Intl. However, stringent legal and political regulations related to duty-free purchasing at airports and travel restrictions by certain countries may impede market growth over the forecast period of 2021-2027.

Region wise, the market is analyzed across Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading region across the world and is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to the growing tourism industry along with the emergence of large retail players opening their stores at the Asian airports.

Major market player included in this report are:
Airport Retail Group LLC
Dubai Duty Free
Dufry AG
DFS Group Ltd.
King Power International
The Shilla Duty Free
China Duty Free Group Co., Ltd.
Gebr. Heinemann SE & Co. KG
Japan Airport Terminal Co., Ltd.
Flemingo International.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Liquor & Tobacco
Perfumes & Cosmetics
Fashion & Accessories
Food & Beverages
Others
By Airport Size:
Large Airport
Medium Airport
Small Airport
By Distribution Channel:
Direct Retailer
Convenience Store
Specialty Retailer
Departmental store


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Airport Retailing Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors