NEW YORK, Aug. 23, 2021 /PRNewswire/ -- Technavio forecasts the duty-free retailing market to grow by USD 5.30 billion, at a CAGR of 8.56% during 2021-2025.
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The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the exemption of excise duty on premium products.
The Duty-free Retailing Market is segmented by Product (Fashion apparel, Cosmetics and perfumes, Tobacco and alcoholic beverages, and Confectionery and fine foods), Distribution Channel (Airports, Border, downtown, and hotel shops, and Others), and Geography (APAC, Europe, North America, MEA, and South America). The high growth rate of duty-free retailing in developing regions will be crucial in fuelling the growth of the market over the forecast period.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The duty-free retailing market covers the following areas:
Duty-free Retailing Market Sizing
Duty-free Retailing Market Forecast
Duty-free Retailing Market Analysis
Companies Mentioned
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Report: https://www.technavio.com/talk-to-us?report=IRTNTR40625
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