Europe Duty Free Retailing Market Report 2022: COVID-19 Outlook, Size, Sector Analysis, Consumer and Retail Trends, Competitive Landscape and Forecasts, 2021-2025 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Europe Duty Free Retailing Market Size, Sector Analysis, Consumer and Retail Trends, Competitive Landscape and Forecast, 2021-2025” report has been added to ResearchAndMarkets.com’s offering.

The European duty-free market is expected to reach US$14.2 billion by 2025, growing at a CAGR of -2.7% during 2019-2025.

This report provides an overview of the European duty free retailing which includes key trends, retailer reactions and post COVID-19 outlook.

Scope

• As travel restrictions ease and tourism returns, things will improve fueled by the continued appeal of European brands and luxury products. However, as depicted by the negative CAGR of 2.0% from 2019-2025, sales of US$14.2 mn by 2025 will fall short of 2019 values by US$1.8 bn.
• Cosmetics and toiletries was the largest category in 2020 with sales of $1,809 million and is set to remain so through the forecast period to reach $4,938 million by 2025.
• The drinks category is set to be the fastest growing area in Europe’s duty free market with 1.3% CAGR from 2019-2025.
• The UK is set to lose the top spot with its market share declining from 24.0% in 2020 to 8.0% by 2025 owing to new regulations which will mean that duty free spend will be limited to tobacco and alcohol.

Reasons to Buy

• Gain a comprehensive view of the Europe Duty Free market and forecasts to 2025
• Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the Europe Duty Free market.
• Investigate current and forecast trends in the market to identify the opportunities offering the most potential
• Understand who the main competitors are in the market and their price positioning
• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behaviour

Key Topics Covered:

• Executive Summary
• Regional Analysis
• Country Analysis
• Sector Analysis
• Consumer Behaviour
• Tourism Landscape
• Key Trends
• Key Retail Innovations
• Competitive Landscape
• New Opportunities
• Appendix
• About the Analyst

Companies Mentioned

• World Duty Free
• Heinemann
• DUFRY
• Aelia Duty Free
• Travel Retail Norway
• Hellenic Duty Free Shops
• The Loop
• Lojas Francas de Portugal
• DFS
• ATU
• B&S Shop fly

For more information about this report visit https://www.researchandmarkets.com/r/exh82s

Contacts

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