"Airport Retailing Market – Global Forecast to 2021" is a professional and in-depth study.
MRRS adds "Airport Retailing Market – Global Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.
The global airport retailing market is estimated to grow from USD 31.79 billion in 2016 to USD 47.81 billion by 2021, at a CAGR of 8.5% from 2016 to 2021. The growth of the tourism sector, increasing incomes of the middle class population, easy availability of brands, and most importantly affordable prices of products are some of the factors driving this market.
“The direct retailer segment, by type estimated to account for the largest market share in 2016”
The global airport retailing market, by type is segmented into direct retailer, department store, speciality retailer, and supermarkets. The direct retailer segment estimated to account for the largest market share in 2016. In the airport retailing market, major revenue is generated through major stores such as Lacoste, Hugo Boss, Levi’s, among others.
“The large airport segment estimated to account for the largest market share in 2016”
Large airport is estimated to be the largest segment of the global airport
retailing market, by airport size, in 2016. The global airport retailing market is growing due to the increasing passenger traffic and promotional activities by individual brands. Retailing has become one of the biggest sources of revenue for airports, globally. This is attributed to the increase in air travelers, the growing demand of customers, and the duty-free shopping experience.
Figure And Tables
TABLE 1 GLOBAL AIRPORT RETAILING MARKET, BY TYPE, 2014-2021 (USD MILLION) 39
TABLE 2 DIRECT RETAILER: GLOBAL AIRPORT RETAILING MARKET, BY GEOGRAPHY,
2014–2021 (USD MILLION) 41
TABLE 3 DEPARTMENT STORE: GLOBAL AIRPORT RETAILING MARKET, BY GEOGRAPHY, 2014-2021 (USD MILLION) 42
TABLE 4 SPECIALTY RETAILER: GLOBAL AIRPORT RETAILING MARKET, BY GEOGRAPHY, 2014-2021 (USD MILLION) 43
TABLE 5 SUPERMARKETS: GLOBAL AIRPORT RETAILING MARKET, BY GEOGRAPHY,
2014-2021 (USD MILLION) 44
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