Global Travel Retail Market Research Report 2023

Travel retail is a global industry selling goods to international travellers. Sales in duty free shops are exempt from the payment of certain local or national taxes and excise duties, normally with the requirement that the goods are only sold to travellers who will take them out of the country.

The global Travel Retail market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Travel Retail is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Travel Retail is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Travel Retail in Men is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Travel Retail include Autogrill, Bahrain Duty Free Shop Complex (BSC), Baltona Duty Free, DFS Group, Dubai Duty Free, Dufry, Duty Free Americas, Gebr. Heinemann and Lagardere Travel Retail, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Travel Retail, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Travel Retail.

The Travel Retail market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Travel Retail market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Travel Retail companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Travel Retail Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Beauty

1.2.3 Wines and Spirits

1.2.4 Fashion and Accessories

1.2.5 Tobacco

1.2.6 Other

1.3 Market by Application

1.3.1 Global Travel Retail Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Men

1.3.3 Women

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Travel Retail Market Perspective (2018-2029)

2.2 Travel Retail Growth Trends by Region

2.2.1 Global Travel Retail Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Travel Retail Historic Market Size by Region (2018-2023)

2.2.3 Travel Retail Forecasted Market Size by Region (2024-2029)

2.3 Travel Retail Market Dynamics

2.3.1 Travel Retail Industry Trends

2.3.2 Travel Retail Market Drivers

2.3.3 Travel Retail Market Challenges

2.3.4 Travel Retail Market Restraints

3.1 Global Top Travel Retail Players by Revenue

3.1.1 Global Top Travel Retail Players by Revenue (2018-2023)

3.1.2 Global Travel Retail Revenue Market Share by Players (2018-2023)

3.2 Global Travel Retail Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Travel Retail Revenue

3.4 Global Travel Retail Market Concentration Ratio

3.4.1 Global Travel Retail Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Travel Retail Revenue in 2022

3.5 Travel Retail Key Players Head office and Area Served

3.6 Key Players Travel Retail Product Solution and Service

3.7 Date of Enter into Travel Retail Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Travel Retail Historic Market Size by Type (2018-2023)

4.2 Global Travel Retail Forecasted Market Size by Type (2024-2029)

5.1 Global Travel Retail Historic Market Size by Application (2018-2023)

5.2 Global Travel Retail Forecasted Market Size by Application (2024-2029)

6.1 North America Travel Retail Market Size (2018-2029)

6.2 North America Travel Retail Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Travel Retail Market Size by Country (2018-2023)

6.4 North America Travel Retail Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Travel Retail Market Size (2018-2029)

7.2 Europe Travel Retail Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Travel Retail Market Size by Country (2018-2023)

7.4 Europe Travel Retail Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Travel Retail Market Size (2018-2029)

8.2 Asia-Pacific Travel Retail Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Travel Retail Market Size by Region (2018-2023)

8.4 Asia-Pacific Travel Retail Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Travel Retail Market Size (2018-2029)

9.2 Latin America Travel Retail Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Travel Retail Market Size by Country (2018-2023)

9.4 Latin America Travel Retail Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Travel Retail Market Size (2018-2029)

10.2 Middle East & Africa Travel Retail Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Travel Retail Market Size by Country (2018-2023)

10.4 Middle East & Africa Travel Retail Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Autogrill

11.1.1 Autogrill Company Detail

11.1.2 Autogrill Business Overview

11.1.3 Autogrill Travel Retail Introduction

11.1.4 Autogrill Revenue in Travel Retail Business (2018-2023)

11.1.5 Autogrill Recent Development

11.2 Bahrain Duty Free Shop Complex (BSC)

11.2.1 Bahrain Duty Free Shop Complex (BSC) Company Detail

11.2.2 Bahrain Duty Free Shop Complex (BSC) Business Overview

11.2.3 Bahrain Duty Free Shop Complex (BSC) Travel Retail Introduction

11.2.4 Bahrain Duty Free Shop Complex (BSC) Revenue in Travel Retail Business (2018-2023)

11.2.5 Bahrain Duty Free Shop Complex (BSC) Recent Development

11.3 Baltona Duty Free

11.3.1 Baltona Duty Free Company Detail

11.3.2 Baltona Duty Free Business Overview

11.3.3 Baltona Duty Free Travel Retail Introduction

11.3.4 Baltona Duty Free Revenue in Travel Retail Business (2018-2023)

11.3.5 Baltona Duty Free Recent Development

11.4 DFS Group

11.4.1 DFS Group Company Detail

11.4.2 DFS Group Business Overview

11.4.3 DFS Group Travel Retail Introduction

11.4.4 DFS Group Revenue in Travel Retail Business (2018-2023)

11.4.5 DFS Group Recent Development

11.5 Dubai Duty Free

11.5.1 Dubai Duty Free Company Detail

11.5.2 Dubai Duty Free Business Overview

11.5.3 Dubai Duty Free Travel Retail Introduction

11.5.4 Dubai Duty Free Revenue in Travel Retail Business (2018-2023)

11.5.5 Dubai Duty Free Recent Development

11.6 Dufry

11.6.1 Dufry Company Detail

11.6.2 Dufry Business Overview

11.6.3 Dufry Travel Retail Introduction

11.6.4 Dufry Revenue in Travel Retail Business (2018-2023)

11.6.5 Dufry Recent Development

11.7 Duty Free Americas

11.7.1 Duty Free Americas Company Detail

11.7.2 Duty Free Americas Business Overview

11.7.3 Duty Free Americas Travel Retail Introduction

11.7.4 Duty Free Americas Revenue in Travel Retail Business (2018-2023)

11.7.5 Duty Free Americas Recent Development

11.8 Gebr. Heinemann

11.8.1 Gebr. Heinemann Company Detail

11.8.2 Gebr. Heinemann Business Overview

11.8.3 Gebr. Heinemann Travel Retail Introduction

11.8.4 Gebr. Heinemann Revenue in Travel Retail Business (2018-2023)

11.8.5 Gebr. Heinemann Recent Development

11.9 Lagardere Travel Retail

11.9.1 Lagardere Travel Retail Company Detail

11.9.2 Lagardere Travel Retail Business Overview

11.9.3 Lagardere Travel Retail Travel Retail Introduction

11.9.4 Lagardere Travel Retail Revenue in Travel Retail Business (2018-2023)

11.9.5 Lagardere Travel Retail Recent Development

11.10 Le Bridge Duty Free

11.10.1 Le Bridge Duty Free Company Detail

11.10.2 Le Bridge Duty Free Business Overview

11.10.3 Le Bridge Duty Free Travel Retail Introduction

11.10.4 Le Bridge Duty Free Revenue in Travel Retail Business (2018-2023)

11.10.5 Le Bridge Duty Free Recent Development

11.11 Regstaer Duty Free

11.11.1 Regstaer Duty Free Company Detail

11.11.2 Regstaer Duty Free Business Overview

11.11.3 Regstaer Duty Free Travel Retail Introduction

11.11.4 Regstaer Duty Free Revenue in Travel Retail Business (2018-2023)

11.11.5 Regstaer Duty Free Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Travel Retail Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Beauty

    Table 3. Key Players of Wines and Spirits

    Table 4. Key Players of Fashion and Accessories

    Table 5. Key Players of Tobacco

    Table 6. Key Players of Other

    Table 7. Global Travel Retail Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global Travel Retail Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Travel Retail Market Size by Region (2018-2023) & (US$ Million)

    Table 10. Global Travel Retail Market Share by Region (2018-2023)

    Table 11. Global Travel Retail Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 12. Global Travel Retail Market Share by Region (2024-2029)

    Table 13. Travel Retail Market Trends

    Table 14. Travel Retail Market Drivers

    Table 15. Travel Retail Market Challenges

    Table 16. Travel Retail Market Restraints

    Table 17. Global Travel Retail Revenue by Players (2018-2023) & (US$ Million)

    Table 18. Global Travel Retail Market Share by Players (2018-2023)

    Table 19. Global Top Travel Retail Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Travel Retail as of 2022)

    Table 20. Ranking of Global Top Travel Retail Companies by Revenue (US$ Million) in 2022

    Table 21. Global 5 Largest Players Market Share by Travel Retail Revenue (CR5 and HHI) & (2018-2023)

    Table 22. Key Players Headquarters and Area Served

    Table 23. Key Players Travel Retail Product Solution and Service

    Table 24. Date of Enter into Travel Retail Market

    Table 25. Mergers & Acquisitions, Expansion Plans

    Table 26. Global Travel Retail Market Size by Type (2018-2023) & (US$ Million)

    Table 27. Global Travel Retail Revenue Market Share by Type (2018-2023)

    Table 28. Global Travel Retail Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 29. Global Travel Retail Revenue Market Share by Type (2024-2029)

    Table 30. Global Travel Retail Market Size by Application (2018-2023) & (US$ Million)

    Table 31. Global Travel Retail Revenue Market Share by Application (2018-2023)

    Table 32. Global Travel Retail Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 33. Global Travel Retail Revenue Market Share by Application (2024-2029)

    Table 34. North America Travel Retail Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. North America Travel Retail Market Size by Country (2018-2023) & (US$ Million)

    Table 36. North America Travel Retail Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Europe Travel Retail Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Europe Travel Retail Market Size by Country (2018-2023) & (US$ Million)

    Table 39. Europe Travel Retail Market Size by Country (2024-2029) & (US$ Million)

    Table 40. Asia-Pacific Travel Retail Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Asia-Pacific Travel Retail Market Size by Region (2018-2023) & (US$ Million)

    Table 42. Asia-Pacific Travel Retail Market Size by Region (2024-2029) & (US$ Million)

    Table 43. Latin America Travel Retail Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Latin America Travel Retail Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Latin America Travel Retail Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Middle East & Africa Travel Retail Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 47. Middle East & Africa Travel Retail Market Size by Country (2018-2023) & (US$ Million)

    Table 48. Middle East & Africa Travel Retail Market Size by Country (2024-2029) & (US$ Million)

    Table 49. Autogrill Company Detail

    Table 50. Autogrill Business Overview

    Table 51. Autogrill Travel Retail Product

    Table 52. Autogrill Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 53. Autogrill Recent Development

    Table 54. Bahrain Duty Free Shop Complex (BSC) Company Detail

    Table 55. Bahrain Duty Free Shop Complex (BSC) Business Overview

    Table 56. Bahrain Duty Free Shop Complex (BSC) Travel Retail Product

    Table 57. Bahrain Duty Free Shop Complex (BSC) Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 58. Bahrain Duty Free Shop Complex (BSC) Recent Development

    Table 59. Baltona Duty Free Company Detail

    Table 60. Baltona Duty Free Business Overview

    Table 61. Baltona Duty Free Travel Retail Product

    Table 62. Baltona Duty Free Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 63. Baltona Duty Free Recent Development

    Table 64. DFS Group Company Detail

    Table 65. DFS Group Business Overview

    Table 66. DFS Group Travel Retail Product

    Table 67. DFS Group Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 68. DFS Group Recent Development

    Table 69. Dubai Duty Free Company Detail

    Table 70. Dubai Duty Free Business Overview

    Table 71. Dubai Duty Free Travel Retail Product

    Table 72. Dubai Duty Free Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 73. Dubai Duty Free Recent Development

    Table 74. Dufry Company Detail

    Table 75. Dufry Business Overview

    Table 76. Dufry Travel Retail Product

    Table 77. Dufry Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 78. Dufry Recent Development

    Table 79. Duty Free Americas Company Detail

    Table 80. Duty Free Americas Business Overview

    Table 81. Duty Free Americas Travel Retail Product

    Table 82. Duty Free Americas Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 83. Duty Free Americas Recent Development

    Table 84. Gebr. Heinemann Company Detail

    Table 85. Gebr. Heinemann Business Overview

    Table 86. Gebr. Heinemann Travel Retail Product

    Table 87. Gebr. Heinemann Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 88. Gebr. Heinemann Recent Development

    Table 89. Lagardere Travel Retail Company Detail

    Table 90. Lagardere Travel Retail Business Overview

    Table 91. Lagardere Travel Retail Travel Retail Product

    Table 92. Lagardere Travel Retail Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 93. Lagardere Travel Retail Recent Development

    Table 94. Le Bridge Duty Free Company Detail

    Table 95. Le Bridge Duty Free Business Overview

    Table 96. Le Bridge Duty Free Travel Retail Product

    Table 97. Le Bridge Duty Free Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 98. Le Bridge Duty Free Recent Development

    Table 99. Regstaer Duty Free Company Detail

    Table 100. Regstaer Duty Free Business Overview

    Table 101. Regstaer Duty Free Travel Retail Product

    Table 102. Regstaer Duty Free Revenue in Travel Retail Business (2018-2023) & (US$ Million)

    Table 103. Regstaer Duty Free Recent Development

    Table 104. Research Programs/Design for This Report

    Table 105. Key Data Information from Secondary Sources

    Table 106. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Travel Retail Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Travel Retail Market Share by Type: 2022 VS 2029

    Figure 3. Beauty Features

    Figure 4. Wines and Spirits Features

    Figure 5. Fashion and Accessories Features

    Figure 6. Tobacco Features

    Figure 7. Other Features

    Figure 8. Global Travel Retail Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 9. Global Travel Retail Market Share by Application: 2022 VS 2029

    Figure 10. Men Case Studies

    Figure 11. Women Case Studies

    Figure 12. Travel Retail Report Years Considered

    Figure 13. Global Travel Retail Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 14. Global Travel Retail Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 15. Global Travel Retail Market Share by Region: 2022 VS 2029

    Figure 16. Global Travel Retail Market Share by Players in 2022

    Figure 17. Global Top Travel Retail Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Travel Retail as of 2022)

    Figure 18. The Top 10 and 5 Players Market Share by Travel Retail Revenue in 2022

    Figure 19. North America Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 20. North America Travel Retail Market Share by Country (2018-2029)

    Figure 21. United States Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. Canada Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Europe Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Travel Retail Market Share by Country (2018-2029)

    Figure 25. Germany Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. France Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. U.K. Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Italy Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Russia Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Nordic Countries Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Asia-Pacific Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Travel Retail Market Share by Region (2018-2029)

    Figure 33. China Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Japan Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. South Korea Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Southeast Asia Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. India Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Australia Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Latin America Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Travel Retail Market Share by Country (2018-2029)

    Figure 41. Mexico Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Brazil Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Middle East & Africa Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Travel Retail Market Share by Country (2018-2029)

    Figure 45. Turkey Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Saudi Arabia Travel Retail Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Autogrill Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 48. Bahrain Duty Free Shop Complex (BSC) Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 49. Baltona Duty Free Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 50. DFS Group Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 51. Dubai Duty Free Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 52. Dufry Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 53. Duty Free Americas Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 54. Gebr. Heinemann Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 55. Lagardere Travel Retail Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 56. Le Bridge Duty Free Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 57. Regstaer Duty Free Revenue Growth Rate in Travel Retail Business (2018-2023)

    Figure 58. Bottom-up and Top-down Approaches for This Report

    Figure 59. Data Triangulation

    Figure 60. Key Executives Interviewed