デフォルト表紙
市場調査レポート
商品コード
1610081

都市型免税店市場レポート:動向、予測、競合分析 (2030年まで)

City Duty Free Retailing Market Report: Trends, Forecast and Competitive Analysis to 2030


出版日
発行
Lucintel
ページ情報
英文 150 Pages
納期
3営業日
カスタマイズ可能
適宜更新あり
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=143.57円

ご注意: DRM (デジタル著作権管理システム) 付PDFになります。
制限内容は、上記ライセンスの[詳細]アイコンをクリックしてご確認ください。

都市型免税店市場レポート:動向、予測、競合分析 (2030年まで)
出版日: 2024年11月29日
発行: Lucintel
ページ情報: 英文 150 Pages
納期: 3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 目次
概要

都市型免税店の動向と予測

世界の都市型免税店市場の将来は、化粧品・パーソナルケア用品、アルコール・ワイン・スピリッツ、たばこ・シガレット、ファッション・高級品、菓子類・食料品市場に機会がありそうです。世界の都市型免税店市場は、2024年から2030年にかけてCAGR 6.5%で成長すると予想されます。この市場の主な促進要因は、国際観光と旅行の増加、旅客数の増加に対応するための空港インフラと都市ハブにおける免税店スペースの拡大、可処分所得の増加と高級品に対する消費者の嗜好の高まりです。

  • Lucintelの予測によると、用途別カテゴリーでは、オフライン注文が予測期間中に高い成長を遂げる見込みです。
  • 製品種類別では、化粧品・パーソナルケア用品が最も高い成長が見込まれます。
  • 地域別では、APACが予測期間中に最も高い成長が見込まれます。

都市型免税店市場の戦略的成長機会

都市型免税店市場は、消費者の嗜好の進化や技術の進歩に後押しされ、さまざまな用途でさまざまな戦略的成長機会をもたらしています。海外旅行が再開され、消費者の行動が変化するにつれて、事業拡大と技術革新の大きな展望が開けています。小売各社は、このような機会を活用することで、商品ラインナップを充実させ、市場シェアを拡大しようとしています。ここでは、都市型免税店セクターにおける5つの主な成長機会を紹介し、それぞれ独自の成長用途に焦点を当てています。

  • 高級品の拡大:高級品への需要の高まりは、都市型免税店の拡大の好機となります。消費者、特に裕福な外国人旅行者は、デザイナーズファッション、高級電子機器、高級化粧品などの高級品を求めています。小売業者は、高級品の品揃えを拡大し、高級なショッピング環境を構築することで、この動向を活用することができます。高級で高品質な商品を提供することで、免税店はより裕福な客層を惹きつけ、売上を伸ばすことができ、都市部における高級ショッピングスポットとしての地位を確立することができます。
  • デジタルとオムニチャネルの統合:デジタルツールとオムニチャネル戦略の統合は、都市型免税店に大きな成長の可能性をもたらします。モバイルアプリ、オンラインプラットフォーム、シームレスな決済システムを導入することで、消費者のショッピング体験と利便性を高めることができます。オンライン閲覧、予約注文、店舗での受け取りを可能にすることで、小売業者はハイテクに精通した旅行者を引き付け、顧客満足度を向上させることができます。このアプローチは、ショッピング・プロセスを合理化するだけでなく、顧客がより統合された利用しやすいショッピング体験から利益を得ることで、エンゲージメントと売上を向上させる。
  • 持続可能で倫理的な製品:持続可能で倫理的な製品を好む消費者が増えており、これは貴重な成長機会となります。都市型免税店は、環境に優しい商品を提供し、持続可能性を推進することで差別化を図ることができます。環境に配慮した取り組みを取り入れ、地元の職人による製品を紹介することで、小売業者は環境意識の高い消費者にアピールし、ブランドイメージを高めることができます。この動向は、より広範な社会的価値観に沿うものであり、消費者が責任ある購買オプションを求めることで、来店客数と売上を増加させることができます。
  • 顧客体験の向上:パーソナライズされた没入型の顧客体験への投資は、重要な成長機会です。小売企業は、パーソナライズされたレコメンデーション、限定サービス、ハイタッチな顧客サービスを通じて、自社のサービスを強化することができます。データ分析とAIを活用することで、小売企業は個人の嗜好に合わせたショッピング体験を提供し、より魅力的で満足度の高い体験を生み出すことができます。このような顧客体験の重視は、顧客維持率の向上、売上の増加、好意的な口コミにつながり、免税店が好まれて買い物をする場所として確立されます。
  • 新興市場への進出:新興市場への進出は、都市型免税店にとって大きな成長機会となります。インドや中国などで海外旅行が増加するにつれ、都市部での免税ショッピングに対する需要が高まっています。こうした高成長地域に進出することで、小売業者は新たな顧客層を開拓し、可処分所得の増加を活用することができます。このような拡大は、市場全体の成長を促し、海外旅行が増加する新興経済諸国における小売企業の地位を確立するのに役立ちます。

このような戦略的成長機会は、都市型免税店市場における大幅な拡大と革新の可能性を浮き彫りにします。高級品、デジタル統合、持続可能性、顧客体験の向上、新興市場に注力することで、小売業者は進化する消費者の嗜好と技術の進歩を活用することができます。こうした機会が市場の成長を促し、競合を強化し、都市型免税店を国際的な買い物客にとってダイナミックで魅力的な目的地として位置づけています。

都市型免税店市場の市場促進要因・課題

都市型免税店市場は、技術の進歩、経済状況、規制の変更によって形成されるさまざまな市場促進要因・課題の影響を受けています。これらの要因を理解することは、市場環境をナビゲートし、成長機会を活用する上で極めて重要です。以下は、市場に影響を与える主な促進要因・課題の分析です。

市内免税小売市場の促進要因には以下が含まれます:

  • 技術の進歩:技術の進歩は、都市型免税店市場の重要な促進要因です。モバイルアプリ、オンラインプラットフォーム、非接触型決済システムなどのデジタルツールの統合は、ショッピング体験を向上させ、業務を合理化します。これらのテクノロジーは、より簡単な取引、パーソナライズされたマーケティング、顧客エンゲージメントの向上を促進します。こうしたテクノロジーに投資する小売企業は、テクノロジーに精通した消費者を引き付け、効率を改善し、売上を伸ばすことができるため、市場全体の成長を促進することができます。
  • 可処分所得の増加:特に新興市場における可処分所得の増加が、都市型免税店セクターの成長を促進しています。より多くの消費者が高い消費力を持つようになり、高級品や高品質の製品に対する需要が高まっています。この動向は、拡大する中産階級や上流階級が高級品を求める中国やインドなどの国々で特に顕著です。小売企業は、商品ラインナップを拡大し、富裕層をターゲットにすることで、この動向を利用することができ、売上増と市場拡大につながります。
  • 海外旅行の成長:海外旅行の復活は、都市型免税店市場にとって重要な原動力となります。渡航制限が緩和され、観光業が回復するにつれ、都市部を訪れる外国人旅行者が増え、免税ショッピングの機会を求めるようになっています。このような人通りの増加は、免税店にとって売上と収益の増加につながります。人通りの多い場所に立地し、魅力的な商品を提供することで、小売業者はこの成長市場でより大きなシェアを獲得することができます。
  • 高級品やユニークな商品に対する消費者の嗜好:高級品やユニークな商品への嗜好の高まりが、都市型免税店部門の成長を後押ししています。消費者は、デザイナーズファッションや高級電化製品など、高級でハイエンドな商品を求めるようになっています。小売業者は、多様な高級品を提供し、ハイエンドなショッピング環境を作ることで、この層を惹きつけることができます。このように高級品に焦点を当てることで、顧客吸引力と顧客維持力を高め、売上と市場シェアの拡大につなげることができます。
  • 規制支援と税制優遇措置:好意的な規制の変更と税制優遇措置が、都市型免税店市場の成長を支えています。各国政府は税還付手続きを簡素化し、免税許容量を増やしており、海外旅行者にとってショッピングがより魅力的なものとなっています。小売業者はこうした規制の更新により、より競争力のある価格を提供し、商品の魅力を高めることができるため、利益を得ています。このような支援的な規制環境が市場の成長を促し、小売業者の収益性を高めています。

都市型免税店市場における課題は以下の通り:

  • 規制の複雑さ:各国の複雑で多様な規制をうまく利用することは、都市型免税店にとって大きな課題です。税還付、商品制限、コンプライアンスに関する規制要件は煩雑で、その内容も多岐にわたります。小売業者は、法的問題を回避し、円滑な運営を確保するために、これらの規制を理解し、適応するための投資を行わなければなりません。このような複雑さは、運営コストを増加させ、収益性に影響を与える可能性もあります。
  • 経済の不確実性:為替レートの変動や世界の景気後退など、経済の不確実性は、消費者の消費や旅行パターンに影響を与える可能性があります。経済不安は可処分所得の減少や海外旅行の減少につながり、免税部門の売上に影響を与えます。小売業者は、経済状況の変化に対応し、商品の多様化や異なる顧客層をターゲットにするなど、リスクを軽減するための戦略を実施する必要があります。
  • 激しい競合:都市型免税店市場は競争が激しく、数多くの企業が市場シェアを争っています。この熾烈な競争は、価格圧力につながり、際立った存在となるためには継続的なイノベーションが必要となります。小売業者は、ユニークな商品、卓越したカスタマーサービス、先進技術を通じて、差別化を図るために投資しなければなりません。競合の一歩先を行くには、競争力を維持するための継続的な市場分析と戦略的調整が必要です。

都市型免税店市場は、市場促進要因・課題がダイナミックに絡み合って形成されています。技術の進歩、可処分所得の増加、海外旅行の増加、贅沢品に対する消費者の嗜好、支援的な規制が成長を促進しています。しかし、規制の複雑さ、経済の不確実性、競争の激化は大きな課題となっています。小売企業が、進化する市場情勢の中でチャンスを生かし、成長を維持するためには、これらの要因を効果的に克服することが極めて重要です。

目次

第1章 エグゼクティブサマリー

第2章 世界の都市型免税店市場:市場力学

  • イントロダクション、背景、分類
  • サプライチェーン
  • 業界の促進要因と課題

第3章 市場動向と予測分析 (2018年~2030年)

  • マクロ経済動向 (2018~2023年) と予測 (2024~2030年)
  • 世界の都市型免税店市場の動向 (2018~2023年) と予測 (2024~2030年)
  • 世界の都市型免税店市場:種類別
    • 化粧品・パーソナルケア用品
    • アルコール・ワイン・スピリッツ
    • たばこ・シガレット
    • ファッション・高級品
    • 菓子類・食品
    • その他
  • 世界の都市型免税店市場:用途別
    • オフライン注文
    • オンライン注文

第4章 地域別の市場動向と予測分析 (2018年~2030年)

  • 世界の都市型免税店市場:地域別
  • 北米の都市型免税店市場
  • 欧州の都市型免税店市場
  • アジア太平洋の都市型免税店市場
  • その他地域の都市型免税店市場

第5章 競合分析

  • 製品ポートフォリオ分析
  • 運用統合
  • ポーターのファイブフォース分析

第6章 成長機会と戦略分析

  • 成長機会分析
    • 世界の都市型免税店市場の成長機会:種類別
    • 世界の都市型免税店市場の成長機会:用途別
    • 世界の都市型免税店市場の成長機会:地域別
  • 世界の都市型免税店市場の新たな動向
  • 戦略的分析
    • 新製品の開発
    • 世界の都市型免税店市場の生産能力拡大
    • 世界の都市型免税店市場における企業合併・買収 (M&A)、合弁事業
    • 認証とライセンシング

第7章 都市型免税店の主要企業のプロファイル

  • Lagardere Travel Retail
  • Lotte Duty Free
  • LVMH
  • Aer Rianta
  • China Duty Free
  • Dubai Duty Free
  • Duty Free Americas
目次

City Duty Free Retailing Trends and Forecast

The future of the global city duty free retailing market looks promising with opportunities in the cosmetics & personal care products, alcohol, wine and spirit, tobacco & cigarettes, fashion & luxury goods, and confectionery & foodstuff markets. The global city duty free retailing market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are the growth of international tourism and travel, the expansion of airport infrastructure and duty-free retail spaces in urban hubs to cater to increasing passenger traffic, and rising disposable incomes and consumer preferences for luxury goods.

  • Lucintel forecasts that, within the application category, offline order is expected to witness higher growth over the forecast period.
  • Within the type category, cosmetics & personal care products are expected to witness the highest growth.
  • In terms of regions, APAC is expected to witness the highest growth over the forecast period.

Gain valuable insights for your business decisions with our comprehensive 150+ page report.

Emerging Trends in the City Duty Free Retailing Market

The city duty free retailing is experiencing transformative trends driven by evolving consumer preferences, technological advancements, and regulatory changes. These trends are reshaping how international travelers engage with duty-free shopping, enhancing their overall experience while influencing market dynamics. Here are five key trends that are making a significant impact in the city duty free retailing market.

  • Digital Transformation: The integration of digital technology is revolutionizing the city duty free retailing market. Retailers are adopting mobile apps and online platforms to offer a seamless shopping experience. Features such as digital pre-ordering, contactless payments, and virtual shopping assistance are becoming increasingly common. These innovations are enhancing convenience and personalization, catering to the tech-savvy traveler, and boosting overall sales. The rise of digital tools is also enabling better inventory management and targeted marketing, further driving market growth.
  • Luxury Goods Expansion: There is a noticeable shift towards high-end and luxury goods in the city duty free retailing market. Consumers are increasingly seeking premium products such as designer fashion, high-end electronics, and exclusive cosmetics. This trend is driven by rising disposable incomes and a growing preference for luxury among international travelers. Retailers are expanding their offerings to include a broader range of high-end products and creating upscale shopping environments to cater to this demand, enhancing the attractiveness of duty-free shopping.
  • Sustainability and Local Products: Sustainability has become a critical focus in city duty-free retailing, with retailers emphasizing eco-friendly practices and local products. There is a growing consumer preference for products that are environmentally friendly and ethically sourced. Retailers are responding by offering sustainable product lines and promoting local artisanal goods. This trend not only aligns with global sustainability goals but also appeals to increasingly eco-conscious consumers, helping retailers differentiate themselves in a competitive market.
  • Personalized Shopping Experience: Personalization is increasingly important in city duty-free retailing, with retailers leveraging data analytics and AI to tailor the shopping experience. Customized recommendations, personalized promotions, and tailored services are becoming standard practices. By utilizing customer data and preferences, retailers can create more engaging and relevant shopping experiences, enhancing customer satisfaction and loyalty. This trend is helping to build stronger relationships with travelers and drive repeat business.
  • Enhanced Omnichannel Integration: Omnichannel retailing is gaining traction in the city duty free retailing market, integrating online and offline shopping experiences. Retailers are offering services such as click-and-collect, where travelers can shop online and pick up their purchases at a city store. This seamless integration between digital and physical channels is enhancing convenience and accessibility for consumers. The rise of omnichannel strategies is also helping retailers reach a broader audience and provide a more cohesive shopping experience.

These emerging trends are significantly reshaping the city duty free retailing market by enhancing the shopping experience, expanding product offerings, and improving customer engagement. The adoption of digital technologies focus on luxury and sustainable products, and emphasis on personalization and omnichannel integration are driving growth and innovation in the sector. As these trends continue to evolve, they will likely define the future landscape of city duty-free retailing, making it more dynamic and consumer-centric.

Recent Developments in the City Duty Free Retailing Market

The city duty free retailing market has been evolving rapidly, driven by various factors including changing consumer preferences, regulatory adjustments, and technological advancements. These developments are influencing how retailers operate and how consumers engage with duty-free shopping in urban settings. Below are five key developments that are shaping the current landscape of city duty free retailing.

  • Regulatory Changes: Recent regulatory updates in several countries have simplified the process for tax-free shopping, making it easier for travelers to claim refunds on purchased goods. For example, changes in the U.S. have streamlined refund processes, and China has expanded product categories eligible for duty-free status. These adjustments are making city duty-free shopping more attractive to international travelers and boosting overall sales. Retailers are adapting to these changes by enhancing their compliance and refund processing systems.
  • Digital Innovation: Digital technology is transforming the city duty free retailing market through advancements such as mobile apps, e-commerce platforms, and contactless payments. These innovations are providing a more convenient and efficient shopping experience for travelers. Retailers are investing in digital solutions to enhance customer engagement, streamline operations, and offer personalized services. The integration of technology is also helping retailers manage inventory more effectively and improve customer service.
  • Expansion of Luxury Offerings: The expansion of luxury product lines is a significant development in the city duty free retailing market. Retailers are increasingly focusing on high-end goods, including designer fashion, premium electronics, and exclusive cosmetics, to attract affluent travelers. This trend is driven by rising disposable incomes and a growing demand for premium products. Retailers are creating upscale shopping environments and offering exclusive product ranges to cater to this market segment.
  • Growth of Omnichannel Retailing: The adoption of omnichannel retailing strategies is reshaping the city duty free retailing market. Retailers are integrating online and offline channels to provide a seamless shopping experience. Services such as click-and-collect and online pre-ordering are becoming more common, allowing travelers to shop online and pick up their purchases at city stores. This approach enhances convenience and accessibility, making it easier for travelers to engage in duty-free shopping.
  • Focus on Sustainability: Sustainability is becoming a key focus in the city duty free retailing market, with retailers emphasizing eco-friendly practices and offering sustainable products. There is an increasing demand for environmentally friendly and ethically sourced goods among consumers. Retailers are responding by incorporating sustainable practices into their operations and promoting local products. This trend not only aligns with global sustainability goals but also appeals to eco-conscious shoppers, helping retailers differentiate themselves in the market.

These recent developments are significantly impacting the city duty free retailing market by enhancing the shopping experience, expanding product offerings, and improving operational efficiency. Regulatory changes, digital innovation, luxury expansions, omnichannel strategies, and a focus on sustainability are driving growth and transformation in the sector. As these trends continue to evolve, they will shape the future of city duty free retailing, making it more dynamic and consumer-centric.

Strategic Growth Opportunities for City Duty Free Retailing Market

The city duty free retailing market presents various strategic growth opportunities across different applications, driven by evolving consumer preferences and technological advancements. As international travel resumes and consumer behaviors shift, there are significant prospects for expansion and innovation. Retailers are leveraging these opportunities to enhance their offerings and capture a larger share of the market. Here are five key growth opportunities within the city duty free retailing sector, each highlighting a unique application for growth.

  • Luxury Goods Expansion: The growing demand for luxury items presents a prime opportunity for expansion in city duty-free retailing. Consumers, particularly affluent international travelers, seek high-end products such as designer fashion, premium electronics, and exclusive cosmetics. Retailers can capitalize on this trend by expanding their luxury product ranges and creating upscale shopping environments. By offering exclusive and high-quality items, duty-free stores can attract a more affluent clientele and boost sales, positioning themselves as premium shopping destinations in urban areas.
  • Digital and Omnichannel Integration: The integration of digital tools and omnichannel strategies offers significant growth potential for city duty-free retailers. Implementing mobile apps, online platforms, and seamless payment systems can enhance the shopping experience and convenience for consumers. By enabling online browsing, pre-ordering, and in-store pickup, retailers can attract tech-savvy travelers and improve customer satisfaction. This approach not only streamlines the shopping process but also increases engagement and sales, as customers benefit from a more integrated and accessible shopping experience.
  • Sustainable and Ethical Products: There is a growing consumer preference for sustainable and ethically sourced products, which presents a valuable opportunity for growth. City duty-free retailers can differentiate themselves by offering eco-friendly goods and promoting sustainability. By incorporating green practices and showcasing local artisanal products, retailers can appeal to environmentally conscious consumers and enhance their brand image. This trend aligns with broader societal values and can drive increased foot traffic and sales as consumers seek out responsible purchasing options.
  • Enhanced Customer Experience: Investing in personalized and immersive customer experiences is a key growth opportunity. Retailers can enhance their offerings through personalized recommendations, exclusive services, and high-touch customer service. By leveraging data analytics and AI, retailers can tailor shopping experiences to individual preferences, creating a more engaging and satisfying experience. This focus on customer experience can lead to higher customer retention, increased sales, and positive word-of-mouth, establishing duty-free stores as preferred shopping destinations.
  • Expansion into Emerging Markets: Expanding into emerging markets presents a significant growth opportunity for city duty-free retailers. As international travel increases in countries such as India and China, there is a growing demand for duty-free shopping in urban areas. By establishing a presence in these high-growth regions, retailers can tap into new customer bases and capitalize on rising disposable incomes. This expansion can drive overall market growth and help retailers establish themselves in developing economies with increasing international travel.

These strategic growth opportunities highlight the potential for significant expansion and innovation in the city duty free retailing market. By focusing on luxury goods, digital integration, sustainability, enhanced customer experiences, and emerging markets, retailers can capitalize on evolving consumer preferences and technological advancements. These opportunities are driving market growth, enhancing competitiveness, and positioning city duty-free stores as dynamic and attractive destinations for international shoppers.

City Duty Free Retailing Market Driver and Challenges

The city duty free retailing market is influenced by a range of drivers and challenges, shaped by technological advancements, economic conditions, and regulatory changes. Understanding these factors is crucial for navigating the market landscape and leveraging growth opportunities. Below is an analysis of the major drivers and challenges affecting the market.

The factors responsible for driving the city duty free retailing market include:

  • Technological Advancements: Technological advancements are a significant driver in the city duty free retailing market. The integration of digital tools, such as mobile apps, online platforms, and contactless payment systems, enhances the shopping experience and streamlines operations. These technologies facilitate easier transactions, personalized marketing, and improved customer engagement. Retailers who invest in these technologies can attract tech-savvy consumers, improve efficiency, and boost sales, driving overall market growth.
  • Rising Disposable Incomes: Increasing disposable incomes, particularly in emerging markets, are driving growth in the city duty free retailing sector. As more consumers have higher spending power, there is greater demand for luxury and high-quality products. This trend is particularly evident in countries like China and India, where expanding middle and upper classes are seeking premium goods. Retailers can capitalize on this trend by expanding their product ranges and targeting affluent customers, leading to increased sales and market expansion.
  • Growth in International Travel: The resurgence of international travel is a key driver for the city duty free retailing market. As travel restrictions ease and tourism recover, more international travelers are visiting urban areas and seeking duty-free shopping opportunities. This increase in foot traffic translates to higher sales and revenue for duty-free retailers. By positioning themselves in high-traffic locations and offering appealing products, retailers can capture a larger share of this growing market.
  • Consumer Preference for Luxury and Unique Products: A growing preference for luxury and unique products is driving growth in the city duty free retailing sector. Consumers are increasingly seeking exclusive and high-end goods, such as designer fashion and premium electronics. Retailers can attract this segment by offering a diverse range of luxury items and creating a high-end shopping environment. This focus on premium products can enhance customer attraction and retention, leading to increased sales and market share.
  • Regulatory Support and Tax Incentives: Favorable regulatory changes and tax incentives are supporting the growth of the city duty free retailing market. Governments in various countries are simplifying tax refund processes and increasing duty-free allowances, making shopping more attractive for international travelers. Retailers benefit from these regulatory updates as they can offer more competitive pricing and enhance the appeal of their offerings. This supportive regulatory environment is driving market growth and increasing retailer profitability.

Challenges in the city duty free retailing market are:

  • Regulatory Complexity: Navigating the complex and varying regulations across different countries presents a significant challenge for city duty-free retailers. Regulatory requirements related to tax refunds, product restrictions, and compliance can be cumbersome and vary widely. Retailers must invest in understanding and adapting to these regulations to avoid legal issues and ensure smooth operations. This complexity can also increase operational costs and impact profitability.
  • Economic Uncertainty: Economic uncertainty, including fluctuating exchange rates and global economic downturns, can impact consumer spending and travel patterns. Economic instability can lead to reduced disposable incomes and decreased international travel, affecting sales in the duty-free sector. Retailers must be prepared to adapt to changing economic conditions and implement strategies to mitigate risks, such as diversifying product offerings and targeting different customer segments.
  • Intense Competition: The city duty free retailing market is highly competitive, with numerous players vying for market share. This intense competition can lead to pricing pressures and the need for continuous innovation to stand out. Retailers must invest in differentiating their offerings through unique products, exceptional customer service, and advanced technologies. Staying ahead of competitors requires ongoing market analysis and strategic adjustments to maintain a competitive edge.

The city duty free retailing market is shaped by a dynamic interplay of drivers and challenges. Technological advancements, rising disposable incomes, increased international travel, consumer preferences for luxury goods, and supportive regulations are driving growth. However, regulatory complexity, economic uncertainty, and intense competition pose significant challenges. Navigating these factors effectively is crucial for retailers to capitalize on opportunities and sustain growth in the evolving market landscape.

List of City Duty Free Retailing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies city duty free retailing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the city duty free retailing companies profiled in this report include-

  • Lagardere Travel Retail
  • Lotte Duty Free
  • LVMH
  • Aer Rianta
  • China Duty Free
  • Dubai Duty Free
  • Duty Free Americas

City Duty Free Retailing by Segment

The study includes a forecast for the global city duty free retailing by type, application, and region.

City Duty Free Retailing Market by Type [Analysis by Value from 2018 to 2030]:

  • Cosmetics & Personal Care Products
  • Alcohol, Wine & Spirits
  • Tobacco & Cigarettes
  • Fashion & Luxury Goods
  • Confectionery & Food Stuff
  • Others

City Duty Free Retailing Market by Application [Analysis by Value from 2018 to 2030]:

  • Offline Orders
  • Online Orders

City Duty Free Retailing Market by Region [Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Country Wise Outlook for the City Duty Free Retailing Market

The city duty free retailing, where travelers can purchase goods without the added burden of local taxes, has seen dynamic shifts recently. This sector, which thrives on attracting international travelers in urban locations outside airports, is evolving due to changing consumer behaviors, regulatory shifts, and technological advancements. Recent developments across key markets like the United States, China, Germany, India, and Japan reflect these transformations, revealing a landscape increasingly shaped by digital innovation, changing consumer preferences, and regulatory updates. Here's a closer look at these developments across these significant markets.

  • United States: In the U.S., the city duty free retailing market has been experiencing moderate growth with increasing emphasis on enhancing the shopping experience. Major cities like New York and Los Angeles are seeing the emergence of high-end duty-free stores catering to affluent international tourists. Recent regulatory changes have made it easier for travelers to claim tax refunds on certain goods, which has spurred growth.
  • China: China city duty free retailing market has been booming due to rising disposable incomes and a growing middle class. Cities like Beijing and Shanghai are emerging as prominent hubs for duty-free shopping, driven by a surge in international travel. The Chinese government has introduced favorable policies, including increased duty-free allowances and expanded product categories, to attract more shoppers.
  • Germany: Germany is witnessing a transformation in its city duty free retailing sector, primarily driven by the country's robust tourism industry and strong economic performance. Berlin and Frankfurt are leading the charge with new and upgraded duty-free stores offering a wider range of products.
  • India: In India, the city duty free retailing market is emerging as a significant player in the retail landscape, driven by a growing affluent traveler base and increased international tourism. Major cities such as Mumbai and Delhi are expanding their duty-free offerings, with a focus on luxury brands and high-quality local products. The Indian government has recently introduced policies to ease the process of duty-free shopping and refunds, which is attracting more international shoppers.
  • Japan: Japan city duty free retailing market is evolving with a focus on enhancing the shopping experience for international visitors. Cities like Tokyo and Osaka are expanding their duty-free retail networks, with an emphasis on luxury goods and unique Japanese products. Recent regulatory changes have increased the tax-free shopping limits, making it more attractive for travelers. The integration of digital tools, including online pre-ordering and mobile payment systems, is streamlining the shopping process. Japan is also focusing on personalized customer service and offering exclusive products to cater to the diverse needs of international shoppers.

Features of the Global City Duty Free Retailing Market

Market Size Estimates: City duty free retailing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: City duty free retailing market size by type, application, and region in terms of value ($B).

Regional Analysis: City duty free retailing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the city duty free retailing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the city duty free retailing market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

If you are looking to expand your business in this market or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.

This report answers following 11 key questions:

  • Q.1. What are some of the most promising, high-growth opportunities for the city duty free retailing market by type (cosmetics & personal care products, alcohol, wine & spirits, tobacco & cigarettes, fashion & luxury goods, confectionery & food stuff, and others), application (offline orders and online orders), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
  • Q.2. Which segments will grow at a faster pace and why?
  • Q.3. Which region will grow at a faster pace and why?
  • Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
  • Q.5. What are the business risks and competitive threats in this market?
  • Q.6. What are the emerging trends in this market and the reasons behind them?
  • Q.7. What are some of the changing demands of customers in the market?
  • Q.8. What are the new developments in the market? Which companies are leading these developments?
  • Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
  • Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global City Duty Free Retailing Market : Market Dynamics

  • 2.1: Introduction, Background, and Classifications
  • 2.2: Supply Chain
  • 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

  • 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
  • 3.2. Global City Duty Free Retailing Market Trends (2018-2023) and Forecast (2024-2030)
  • 3.3: Global City Duty Free Retailing Market by Type
    • 3.3.1: Cosmetics & Personal Care Products
    • 3.3.2: Alcohol, Wine & Spirits
    • 3.3.3: Tobacco & Cigarettes
    • 3.3.4: Fashion & Luxury Goods
    • 3.3.5: Confectionery & Food Stuff
    • 3.3.6: Others
  • 3.4: Global City Duty Free Retailing Market by Application
    • 3.4.1: Offline Orders
    • 3.4.2: Online Orders

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

  • 4.1: Global City Duty Free Retailing Market by Region
  • 4.2: North American City Duty Free Retailing Market
    • 4.2.1: North American Market by Type: Cosmetics & Personal Care Products, Alcohol, Wine & Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, and Others
    • 4.2.2: North American Market by Application: Offline Orders and Online Orders
  • 4.3: European City Duty Free Retailing Market
    • 4.3.1: European Market by Type: Cosmetics & Personal Care Products, Alcohol, Wine & Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, and Others
    • 4.3.2: European Market by Application: Offline Orders and Online Orders
  • 4.4: APAC City Duty Free Retailing Market
    • 4.4.1: APAC Market by Type: Cosmetics & Personal Care Products, Alcohol, Wine & Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, and Others
    • 4.4.2: APAC Market by Application: Offline Orders and Online Orders
  • 4.5: ROW City Duty Free Retailing Market
    • 4.5.1: ROW Market by Type: Cosmetics & Personal Care Products, Alcohol, Wine & Spirits, Tobacco & Cigarettes, Fashion & Luxury Goods, Confectionery & Food Stuff, and Others
    • 4.5.2: ROW Market by Application: Offline Orders and Online Orders

5. Competitor Analysis

  • 5.1: Product Portfolio Analysis
  • 5.2: Operational Integration
  • 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

  • 6.1: Growth Opportunity Analysis
    • 6.1.1: Growth Opportunities for the Global City Duty Free Retailing Market by Type
    • 6.1.2: Growth Opportunities for the Global City Duty Free Retailing Market by Application
    • 6.1.3: Growth Opportunities for the Global City Duty Free Retailing Market by Region
  • 6.2: Emerging Trends in the Global City Duty Free Retailing Market
    • 6.3.1: New Product Development
    • 6.3.2: Capacity Expansion of the Global City Duty Free Retailing Market
    • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global City Duty Free Retailing Market
    • 6.3.4: Certification and Licensing

7: List of City Duty Free Retailing Companies

  • 7.1: Lagardere Travel Retail
  • 7.2: Lotte Duty Free
  • 7.3: LVMH
  • 7.4: Aer Rianta
  • 7.5: China Duty Free
  • 7.6: Dubai Duty Free
  • 7.7: Duty Free Americas