Duty free & travel retail market in Europe to reach USD 39.9 B by 2025

reogma|Duty free & travel retail market in Europe to reach USD 39.9 B by 2025

The future of the travel retail market is expected to be favorable on account of the increase in tourism and new investments in the overhauling of airports in Europe.

The market is projected to reach USD 39.9 billion by 2025 growing at a CAGR of 7.2 % over the period 2019-2025.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Duty-free and travel retail is an industry selling goods to international travelers, has become a hugely successful worldwide industry since the first shop opened in Shannon airport Ireland in 1947..

Sales in duty-free shops are freed from the payment of certain local or national taxes and excise duties, normally with the requirement that the goods are only sold to travelers who will take them out of the country.

Airports represent the majority of such sales globally but duty-free and travel retail is also available at border shops, onboard cruise and ferry vessels in international waters, onboard aircraft during international flights, on railway stations, and in some countries in downtown stores where proof of travel is required to purchase.

In Europe, duty-free and travel retail has become a key component of aviation and maritime financing as well as an integral part of the traveling experience. Commercial revenues are a major element of airport revenues in Europe and duty-free and travel retail revenues are usually the most important source of income.

Without duty-free and travel retail revenue, airports would not be able to provide the facilities and services they do. There would be significantly higher numbers of loss-making airports and/or higher levels of state subsidy. Overall, connectivity in Europe would diminish.

reogma|Duty free & travel retail market in Europe to reach USD 39.9 B by 2025


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The future of the travel retail market is expected to be favorable on account of the increase in tourism and new investments in the overhauling of airports in Europe. The market is projected to reach USD 39.9 billion by 2025 growing at a CAGR of 7.2 % over the period […]
reogma|Duty free & travel retail market in Europe to reach USD 39.9 B by 2025reogma|Duty free & travel retail market in Europe to reach USD 39.9 B by 2025

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