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Showing posts with the label Duty-free Retailing Market

Duty-free Retailing Market in Europe Grow at a CAGR of 6.06% by Revenue During the Forecast Period 2018-2021

ResearchMoz presents professional and in-depth study of "Duty-free Retailing Market in Europe 2017-2021". Duty-free retailers are those that are exempted from certain local and national taxes and duties because they sell goods to international travelers. However, taxes may be imposed on duty-free goods when buyers reach their country of destination or when the quantity of the goods exceeds certain set limits. Get PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=1476278 These retailers operate at international airports and seaports, border towns, train stations, and onboard aircraft and ships. These retailers offer products such as perfumes, cosmetics, alcohol, cigarettes, chocolates, electronics, and accessories. The duty-free retailing market in Europe is expected to grow significantly during the forecast period, due to the expansion in international airports and increasing number of passengers. Technavios analysts f...

Market Insight : Duty-free Retailing Market Globally Grow at a CAGR of 9% by 2019

Researchmoz added Most up-to-date research on "Global Duty-free Retailing Market 2015-2019" to its huge collection of research reports. Technavios research analyst predicts the global duty-free retailing market to grow steadily at a CAGR of around 9% during the forecast period. The increase in international travelers is the primary driver for the growth of this market. The number of foreign travelers during 2014 was around 1 billion, with Europe emerging as the most popular destination. However, the restrictions on the baggage weight is expected to deter the growth of this market during the forecast period. For instance, in the economy class of Lufthansa, passengers are only allowed one hand baggage of up to 8 kilos. This restriction creates a loss of opportunity for products like alcohol that is heavier than any other product group. Product segmentation and analysis of the duty-free retailing market Fashion, accessories and hard luxury Perfumes and cosmetics Wines and spi...