Airport Retailing Market Size, Share & Forecast | USD 51.4 billion by 2030

1
Market Research Report
EXCLUSIVE EDITION
Global Airport Retailing Market Report
Opportunities, and Forecast By 2030
Global Industry Analysis, Forecast and Trends,
2022-2030
Slalsville Consulling Píivale
Limiled www.maíkelslalsville.com
sales_at_maíkelslalsville.com 1 [phone]
91-702-496-8807
2
Airport Retailing Market
2020 Statsville Consulting Private Limited
Market Statsville Group (MSG) A part of
Statsville Consulting Private Limited American
Office 800 Third Avenue Suite A 1519 New
York, NY 10022 EMEA 1165 Budapest 16 Diósy
Lajos u. 24., Europe Asia-Pacific Office F-178
Subhash Marg C Scheme, Ashok Nagar, Jaipur,
Rajasthan, 302001 www.marketstatsville.com Discla
imer Any information and/or material provided by
Statsville Consulting Private Limited, including
any and all the analysis and/or research from
Market Statsville Group (MSG), is offered to a
selected group of customers in response to orders
for such information, material, analysis, and/or
research. As a customer of Statsville Consulting,
you acknowledge that our information, material,
and/or services are for your internal use only,
and not for any external use and/or
dissemination, or general publication, and/or
disclosure to any third parties. Any and all the
information and/or material provided by
Statsville Consulting are based on primary
interviews and/or secondary research, and are,
therefore, subject to fluctuation and variance.
Statsville Consulting takes no responsibility
for any incorrect information and/or material
supplied to us by sources we rely on, and no part
of our analysis or research may be given, lent,
resold, or disclosed to any third parties,
including non-customers, without explicit or
written permission from Statsville Consulting.
Unauthorized reproduction and/or transmission of
our information, material, analysis, and/or
research in any form and by any means, including
photocopying, mechanical/electronic recording,
or otherwise, without the explicit and written
permission of Statsville Consulting, is expressly
and clearly prohibited. Any use of the
information, material, analysis, and/or research
provided by Statsville Consulting is at your sole
risk you acknowledge that the information,
material, analysis, and/or research is provided
as is and that Statsville Consulting provides
no warranty of any kind, express or implied, with
regard to the information, material, analysis,
and/or research, including but not limited to,
merchantability and fitness for any purpose
and/or use. At the end, Statsville Consulting
will be responsible for the final decision of any
action.
www.maíkelslalsville.com
3
ABOUT MARKET STATSVILLE GROUP (MSG)
Market Statsville Group (MSG) partners with
companies and society to confront their essential
risks and challenges to capture the enormous
opportunities for them. MSG was initiated its
working in 2017, and since then, the brand is
moving to become a pioneer in business advisory
and market research services. Market Statsville
is the leading market research and strategy
builder with the depth and breadth of solutions
that perfectly suit your every need. MSG
provides solutions in a wide range of industry
verticals in the form of market sizing, analysis,
and incisive business insights. MSG experienced
research analysts are proficient at digging deep
and providing a variety of customizable data that
help you make decisions with clarity,
confidence, and impact. Market Statsville is your
global data intelligence partner for reliable
market research data, data gathering, and
analytical services. MSG also has an extensive
network of top-flight domestic and global
research personals around the world, enabling us
to provide high-quality worldwide research
solutions that cater to a well-established
company, government organizations, or a startup.
MSG's clients have the authority to work
directly with one or more of our researchers to
gather the most useful data knowledge and
analytical plan to formulate it in the actual
practice. Market Statsville Group believes that
to succeed, companies or individuals must blend
digital and human capabilities most efficiently.
MSG diverse and experienced global team of
business consultants and market researchers will
ensure the valuable reports for our clients
through digging in-depth market information and
functional expertise to continuously spark the
changes and real-time valuation of variation in
the market/industry. MSG works in a uniquely
collaborative model throughout the business
process across the globe to assist the client's
company with the most accurate information that
they are aiming for in the reports.
www.maíkelslalsville.com
4
RESEARCH PROCESS
Our research is an optimum culmination of
secondary and primary research, with the latter
playing a major role. We also have an in-house
repository and access to a number of external
regional and global paid databases to help
address specific requirements of our clients. The
research process begins with a holistic
secondary research, followed by expert
interviews. The information gathered is then
comprehensively analyzed by our highly
experienced in-house research panel
www.maíkelslalsville.com
5
Airport Retailing Market 2022 Industry Size,
Regions, Emerging Trends, Growth Insights,
Opportunities, and Forecast By 2030
Airport Retailing Market by Product (Liquor
Tobacco, Perfumes Cosmetics, Fashion
Accessories), by Airport Size (Large Airport,
Medium Airport, and Small Airport), by
Distribution Channel, by Region Global Share
and Forecast to 2030 Description The global
airport retailing market size is projected to
reach USD 51.4 billion by 2030 from USD 19.9
billion in 2021, growing at a CAGR of 12.6 from
2022 to 2030. The global airport retailing
market has been growing rapidly in the last few
years owing to the increase in the inclination of
people toward traveling and exploring unique
holiday destinations. The market's growth is
further driven by the upsurge in disposable
income and improvement in the living standard of
living. An increase in the number of high net
worth individual (HNIs) in emerging markets
further propels the market's growth.
www.maíkelslalsville.com
6
The rise in tourism promotion, changes in
lifestyle, and increased accessibility of
transportation facilities are all factors that
are expected to boost the growth of the airport
retailing market. Technological advancements, for
instance, have made it easier to book hotels and
transportation through online portals, boosting
the market growth. Moreover, the inclination of
consumers toward a luxurious lifestyle is one of
the factors that drive the growth of the airport
retailing market. However, the implementation of
stringent baggage rules changes the buying
behavior of customers, which hampers the sales
of duty-free and other products on the airport
premises, thereby restraining the development of
the airport retailing market. On the contrary,
untapped countries in Asia-Pacific and MEA
possess huge growth prospects in the coming
years. For instance, strengthening of the economy
in several countries in the MEA boosts market
growth. In addition, an increase in the number of
millennials is projected to drive the growth of
the airport retailing market. Request Sample
Copy of this Report https//www.marketstatsville.
com/request-sample/airport- retailing-market Def
inition of Global Airport Retailing
Market Airport retailing refers to several
retail services such as jewelry, books
magazines, gifts crafts, clothing
accessories, convenience stores, and perfumes in
the airport premises to provide enhanced
convenience to travelers. In addition, airport
retailing offers a wide range of merchandise and
is a relatively easy choice for travelers.
www.maíkelslalsville.com
6
7
COVID-19 Impact on the Global Airport Retailing
Market The COVID-19 pandemic has impacted every
industry on the planet. The tourism industry has
been hit hard worldwide, affecting related
industries such as travel agencies, hotels, tour
operators, and various modes of transportation.
Around 90 of the world's population adapted to
their new lifestyles due to several travel
restrictions, while the rest stayed at home out
of fear of the virus. As a result, the tourism
industry came to a halt. The World Travel and
Tourism Council (WTCC) published an article in
August 2020 estimating that the COVID-19 pandemic
will cost the tourism industry nearly 25
billion in revenue and nearly 100 million jobs
worldwide. The coronavirus outbreak has impacted
airport retail stores as well as the tourism
industry. Global Airport Retailing Market
Dynamics Drivers Rise in disposable income The
two main factors that drive the market growth are
an improvement in the economy and an increase in
disposable income. The global economy came to a
halt following the 2009 economic crisis in
Europe and the economic crisis in China. This
economic crisis impacted almost every country on
the planet. A strong recovery from the crisis, on
the other hand, resulted in strong economic
growth, particularly in developing countries. As
a result, middle-income groups' disposable income
has increased, resulting in an increase in the
middle-class population. Furthermore, disposable
income in Europe and Asia-Pacific has increased
significantly, fueling the expansion of the
airport retailing market.
www.maíkelslalsville.com
7
8

• Restraints Stringent baggage rules
• The limitation over luggage weightage has
  restricted the market growth over the forecast
  period. For Instance, Indias national carrier,
  Air India, and its budget airline have restricted
  the weight of hand luggage carried by passengers
  from the UAE. The free allowances for hand
  luggage are restricted to 8Kg for Air India and
  7kg for its budget airline Air India Express,
  including duty-free items. Turkish Airlines
  allows not more than 8kg handbags, while the
  luggage is limited up to 32kgs. Lufthansa permits
  its passengers to follow a baggage allowance of
  not more than 3240kgs. Owing to such
  restrictions, people try to purchase the limited
  stock of gifts and liquor from
• airport retail stores. Furthermore, the buying
  behavior of customers changes, owing to the
  enforcement of stringent baggage rules, which
  hampers the sales of duty-free and other products
  on airport premises, thus limiting the growth of
  the airport retailing market.
• Global Airport Retailing Market Segmentation
• The study categorizes the airport retailing
  market-based on the product, airport size, and
  distribution channel at the regional and global
  levels.
• Direct Purchase Report https//www.marketstatsvil
  le.com/buy-now/airport-retailing-
  market?opt2950
• By Product Outlook (Sales/Revenue, USD Million,
  2017-2030)
• Liquor Tobacco
• Perfumes Cosmetics
• Fashion Accessories
• Food Beverages
• Others

www.maíkelslalsville.com
8
9

• By Airport Size Outlook (Sales/Revenue, USD
  Million, 2017-2030)
• Large Airport
• Medium Airport
• Small Airport
• By Distribution Channel Outlook (Sales/Revenue,
  USD Million, 2017-2030)
• Direct Retailer
• Convenience Store
• Specialty Retailer
• Departmental store
• By Region Outlook (Sales/Revenue, USD Million,
  2017-2030)
• North America (US, Canada, Mexico)
• South America (Brazil, Argentina, Colombia, Peru,
  Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain,
  Poland, Russia, Slovenia, Slovakia, Hungary,
  Czech Republic, Belgium, the Netherlands,
  Norway, Sweden, Denmark, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea,
  Indonesia, Malaysia, Thailand, Vietnam, Myanmar,
  Cambodia, the Philippines, Singapore, Australia
  New Zealand, Rest of Asia Pacific)

www.maíkelslalsville.com
10
The perfumes cosmetics segment is projected to
account for the largest market share, by
product type Access full Report Description,
TOC, Table of Figure, Chart, etc
https//www.marketstatsville.com/table-of-content/
airport-retailing-market Depending on product
type, the market is categorized into liquor
tobacco, perfumes cosmetics, fashion
accessories, food beverages, and others. In
2021, The perfumes cosmetics segment was the
highest contributor to the market, with 39.5 of
the global airport retailing market share. Liquor
such as whiskey, aperitif, champagne, tequila,
Armagnac, rum, beer, and wine are available in
airport retail shops. The consumption of wines,
particularly luxury wines, and spirits, has
increased significantly in the past few years.
With an increase in the number of middle-aged
consumers between 35 and 55 years prefer wine.
This is anticipated to encourage liquor
manufacturers to launch special duty-free and
travel retail products. In addition, liquor
producers launch regional and international
flavors of various wines, beers, and whiskeys,
which attract consumers to try new flavors, thus
contributing toward the market growth. For
tobacco products, consumers are more likely to
buy international editions of cigars, cigarettes,
and regional tobacco products. Consumers get a
wide variety of cigarettes in the airport retail
shops at lower prices than the open market, as
they are duty-free.
www.maíkelslalsville.com
11
Asia Pacific accounts for the highest CAGR during
the forecast period Region-wise, the market is
segmented into North America, Asia-Pacific,
Europe, South America, and the Middle East
Africa. Worldwide, Asia Pacific is projected to
hold the highest CAGR of 13.7 in the global
airport retailing market during the forecast
period. Asia-Pacific in the airport retailing
market is studied across China, Thailand, Japan,
India, Australia, and South Korea. Asia-Pacific
is growing at the fastest rate owing to
improvement in living standards, rise
in disposable income, and growth in the tourism
industry. After the Asia Pacific, Europe is the
fastest-growing region with a CAGR of 11.9 in
the global airport retailing market. North
American airports heavily invest in analyzing
revenue per visitor by providing an upgraded
shopping experience with facilities, such as
boarding, lodging, catering, parking, and
advertising. In addition, focusing on promotional
activities such as campaigns, digital
advertising, events, and press activities are
fueling the dutyfree shopping and product
visibility. Request For Report Description
https//www.marketstatsville.com/airport-retailing
-market
www.maíkelslalsville.com
12
lhank You
Maíkel Slalsville Gíoup (MSG)
F-178 Subhash Maíg C Scheme, Ashok Nagaí,
Jaipuí, Rajaslhan, 302001 Phone [phone]
8807 Mail sales_at_maíkelslalsville.com
800 lhiíd Avenue Suile A 1519 New Yoík, NY
10022 Phone [phone] Mail
sales_at_maíkelslalsville.com