Global Travel Beauty Retail Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Travel Retail market comprises of retailing in airlines, airports, cruises, etc. and the travel beauty retail market focuses on beauty products such as skin care, make up etc. The key market players are making strategical developments which is driving the growth for the market. In 2021, Durfy, a Switzerland based company successfully extended its contract which helps the company to operate the duty- and tax-free stores at Cardiff Airport in Wales, United Kingdom. Also, presence of global brand for the distribution, is likely to facilitate growth for Travel Beauty Retail during the forecast period. However, strict government regulation towards retail outlets at airports impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Travel Beauty Retail Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to increase in demand of skin care products and rising demand for hair and makeup care products. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2022-2028. Factors such as the increased tendency of people for travelling and luxury products would create lucrative growth prospects for the Travel Beauty Retail market across Asia-Pacific region.
Major market player included in this report are:
DFS Group
Dufry
Lotte Duty Free
King Power International Group
The Shilla Duty Free
Gebr
Heinemann
China Duty Free Group (CDFG)
Aer Rianta International (ARI)
The Nuance Group.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Skin Care
Fragrances
Make-up
Hair Care
Others
By Distribution Channel:
Airports
Airlines
Ferries
Other Channels
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019,2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Travel Beauty Retail Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors