Duty Free Retailing in Asia-Pacific, 2014-2019: Market Dynamics, Retail Trends and Competitive Landscape

Duty Free Retailing in Asia-Pacific, 2014-2019: Market Dynamics, Retail Trends and Competitive Landscape

  • March 2015 •
  • 32 pages •
  • Report ID: 2515798
Summary
The “Duty Free Retailing in Asia-Pacific, 2014-2019” report, published by Conlumino, provides an analysis of current and forecast market data of retail sales in different category groups in duty free retail channel across the Asia-Pacific.

Key Findings
- Asia-Pacific to grow at a CAGR of 12.3% to reach US$37.6 billion in 2019

- Japan initiated a national campaign to boost overseas visitors in Japan; 10,000 new Duty Free stores are set to be open in the country

- South Korea, the largest Duty Free in the world and so in the region, will be pushed to second rank by China in 2019

- Chinese Duty Free sales is expected to reach US$12.1 billion by 2019 with a CAGR of 22.3%

- DFS Group and Lotte Duty Free are major retailers in the region

Synopsis
The “Duty Free Retailing in Asia-pacific, 2014-2019” report provides a comprehensive view of the duty free retail landscape. It includes:

- Covers 12 markets in Asia-Pacific with thorough analysis of consumer trends, and changing economic and demographic factors in the largest markets

- Current and forecast market sizes, share in the regional Duty Free sales and growth rates for the region and countries

- Current category market size and forecasts for top five markets, largest and the fastest growing categories and category groups in the region

- Major retailers, share in the regional Duty Free sales, key innovative retailers, and duty free retail trends

Reasons To Buy
Get immediate access to:

- Data coverage of 12 largest retail markets in the Asia-Pacific Duty Free retail market - accurate, reliable data for companies that are already operating in and those wishing to enter the Duty Free market

- Current and forecast market size for nine countries - identify markets that holds majority share in the region

- Performance of individual product categories across top five markets in the region for 2014 and 2019 - highlights important markets for a particular product category and the fastest growing market among them

- Analysis of latest trends, market dynamics (covering eight category groups), and key innovations in the Asia-Pacific Duty Free retail space - insights that can be used for developing strategies in line with latest trends

- Identify the largest and fastest-growing categories in countries across the region - utilize this information to target popular product categories and the emerging ones in respective Duty Free retail markets

- Competitive landscape, with analysis of key players - acquire information about store count, market share and latest developments for key Duty Free retailers in the region
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Country=APAC Industry=SpecialtyStore ParentIndustry=ConsumerGoodsAndRetail Date=201503 Topic=Demand Publisher=GlobalData Price=2000