The latest study released on the Global Airport Retailing Market by AMA Research evaluates market size, trend, and forecast to 2027. The Airport Retailing market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
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Key Players in This Report Include:
Autogrill (Italy), Baltona SA (Poland), Dufry (Switzerland), Gebr. Heinemann (Germany), Duty Free America (United States), Dubai Duty Free (United Arab Emirates), Bahrain Duty Free Shop Complex (Bahrain), World Duty Free Group (WDFG) (Spain), DFS Group (Hong Kong), Aer Rianta International (Ireland), Lotte Duty Free (South Korea), King Power International (Thailand)
Definition:
Airport retailing has become a popular concept in the few decades. Often called travel retail, it has become one of the important strategies of key companies planning to promote and create awareness about their brand. Airports where airfares are low are not able to generate high revenue from aeronautical business. Therefore, they shift to non-aeronautical businesses such as retail shops, restaurant, bars, and others. Airport retailing can also include services including hotels, nursing homes, car rental outlets, banks, exchange offices, drugstores, and other stores such as jewelry, books and magazines, gifts and crafts, clothing & accessories, convenience stores, optics, perfumes, and souvenirs.
Market Trends:
Rising Promotional Activities to Increase the Sale of Duty Free Products
Market Drivers:
Increasing Tourism Sector Globally
Expansion of Multinational Retailers and Increasing Number of Terminals at Airport
Rise in Number of Passengers, Specifically in Developing Countries Includes India and China
Market Opportunities:
Increasing Customer Experience at Airports in Both Developed and Developing Economies
Surging the Disposable Income of the Population and Availability of Luxury Products at Affordable Prices
The Global Airport Retailing Market segments and Market Data Break Down are illuminated below:
by Type (Direct Retailer, Department Store, Specialty Retailer, Supermarkets), Category Type (Liquor & Tobacco, Fragrance and Cosmetics, Fashion & Accessories, Food & Confectionery, Others), Terminal Type (Domestic Terminal, International Terminal)
Global Airport Retailing market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
-To carefully analyze and forecast the size of the Airport Retailing market by value and volume.
-To estimate the market shares of major segments of the Airport Retailing
-To showcase the development of the Airport Retailing market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Airport Retailing market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Airport Retailing
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Airport Retailing market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Airport Retailing Market Study Coverage:
It includes major manufacturers, emerging player’s growth story, and major business segments of Airport Retailing market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
Airport Retailing Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Airport Retailing Market Production by Region Airport Retailing Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Airport Retailing Market Report:
Airport Retailing Overview, Definition and Classification Market drivers and barriers
Airport Retailing Market Competition by Manufacturers
Impact Analysis of COVID-19 on Airport Retailing Market
Airport Retailing Capacity, Production, Revenue (Value) by Region (2021-2027)
Airport Retailing Supply (Production), Consumption, Export, Import by Region (2021-2027)
Airport Retailing Manufacturers Profiles/Analysis Airport Retailing Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
How feasible is Airport Retailing market for long-term investment?
What are influencing factors driving the demand for Airport Retailing near future?
What is the impact analysis of various factors in the Global Airport Retailing market growth?
What are the recent trends in the regional market and how successful they are?
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