Duty-Free Retailing in Asia-Pacific, 2018-2023

Duty-Free Retailing in Asia-Pacific, 2018-2023

  • April 2020 •
  • 107 pages •
  • Report ID: 5897021 •
  • Format: PDF
Duty-Free Retailing in Asia-Pacific, 2018-2023

Summary
Duty-Free Retailing in Asia-Pacific, 2018-2023 provides an overview of the duty free retailing in the region which includes key trends, key retail innovations, regional, country and sector analysis along with major duty free retailers in the region and competative land scape

APAC is the largest and fastest-growing duty-free market, with sales of US$38.3 billion in 2019, accounting for more than half of the global duty-free channel sales (58.1%).

Scope
- Rising tourism and international travel fuels APAC
- duty free market
- Rapid airport expansion and initiatives to drive spend among Chinese consumers supports growth
- Arrival stores and the cruise industry aid the expansion of APAC’s duty-free market
- Socio-political factors and vulnerability to terror attacks restrict growth potential in the region

Reasons to Buy
- Gain a comprehensive knowledge on APAC Duty Free market and develop a competitive advantage
- Investigate current trends in the duty free market in the region to identify the best opportunities to exploit
- Analysis of key duty free players operating in the region
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the key consumer and technology trends influencing the duty free market in the region
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
- Analysis of key international and domestic players operating in APAC Duty Fee retail market — including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share
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