The presence of many retail services of products in the airport to provide enhanced comfort to travellers is referred to as the airport retail market. Airport shopping also has a larger selection of merchandise and is a convenient option for passengers. Hotels, nursing homes, car rental shops, banks, drugstores, and other stores such as jewellery, books and magazines, gifts and crafts, clothes & accessories, grocery stores, and perfumes are all examples of airport retailing. It has become one of the most effective tactics for businesses to encourage and increase brand awareness in airports. Airports with low-cost airline fares are unable to generate significant aeronautical revenue. As a result, shift the focus to non-aeronautical businesses such as retail stores, restaurants, bars, and cafeterias. With the rise in demand for online services, retailers and operators are expanding their e-commerce presence. They use a variety of tactics to capitalize on the rising demand for duty-free online transactions.
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This research provides detailed information regarding the major factors influencing the growth of the Airport Retail Market in Global and Regional Level (drivers, restraints, opportunities, and challenges), forecast of the market size, in terms of value, market share by region and segment; regional market positions; segment and country opportunities for growth; New product developments, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats from current competition and prospects; Key company profiles, SWOT, product portfolio and growth strategies.
Some of the key players in this market include – Autogrill S.p.A.Gebr., Bahrain Duty Free., DFS Group Ltd., Duty Free Americas, Inc, Heinemann SE and Co. KG, HUGO BOSS, Lagardere Travel Retail, LEVI STRAUSS and CO, Lacoste S.A., Le Bridge Duty Free.
Airport Retail Industry report provides study at global and regional level to provide comprehensive value market analysis for the years (2017 & 2018 – Historic Years, 2019 – Base Year and 2020-2027 Forecast Period). The Airport Retail Market research report is a wide-ranging study of current trends, market growth drivers, and restraints. Each market segment is broadly analyzed at a powdered level by region (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America) to provide thorough information on the global and regional level.
The Insight Partners Airport Retail Market Research Report Scenario includes:
The report also covers a detailed chapter of the analysis on COVID-19 impact on this market at global and regional level in our final reports.
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