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Economic Impact of Duty Free and Travel Retail in Asia Pacific


Economic Impact of Duty Free and Travel Retail in Asia Pacific

spending of employees in the wider economy (induced impacts), duty free and travel retail in Asia Pacific is estimated to support a total of 320,200 jobs and US ...

Economic Impact of Duty Free and Travel Retail in Asia Pacific

The duty free and travel retail industry is a fast-growing sector of the Asia Pacific economy that comprises the sale of goods to ...

Industry Data - Duty Free World Council

Economic Impact Studies ; Asia Pacific Economic Impact of Duty Free and Travel Retail in Asia Pacific 2019 ; Americas Economic Impact of Duty Free and Travel ...

Asia Pacific Archives - Dutyfree

A 201 report by the Duty Free World Council and Asia Pacific Travel Retail Association on the economic impact of duty free and travel retail in the Asia ...

Asia Pacific Duty-Free and Travel Retail Market By Type - LinkedIn

In the Asia-Pacific Duty-Free and Travel Retail Market, the compound annual growth rate (CAGR) varies significantly by sector.

TFWA President: Asia Pacific regains momentum as travel retail ...

Regarding China, he commented: “Economic conditions today in China are a concern for many duty free and travel retail professionals, with a ...

DFWC and APTRA launch Economic Report - TRBusiness

Free and Travel Retail in Asia Pacific. ... Amid increased regulations, the report aims to highlight the impact of duty free and travel retail in real economic.

Asia pacific duty-free retail Market: Industry Analysis and Forecast

Asia pacific duty-free retail Market was valued at USD 46.41 billion in 2023.Global market size is estimated to grow at a CAGR of 8.7.

Travel Retail Market Size, Trends, Growth and Forecast to 2032

Tourism is the primary driver of the travel retail business in Asia-Pacific, as several foreign investors visit Hong Kong and Malaysia for tax- ...

Sector Update Global Travel Retail

Growth In Global Travel Retail Sales Will Depend On Asia-Pacific ... income and pressure duty-free consumption. • Security concerns could ...

Duty free and travel retail industry - statistics & facts - Statista

In terms of revenue, the Asia-Pacific region generates the highest share of sales in the duty free industry, accounting for 33.4 billion ...

Asia Pacific Leads the Travel Retail Market Due to Thriving Tourism ...

Dufry AG · Shilla Duty-Free Shop · LVMH Moet Hennessy Louis Vuitton (DFS Group) · Hotel Shilla Co., Ltd (The Shilla Duty Free) · Lagardere Group · WH ...

The trends defining APAC travel retail's path forward - Retail in Asia

According to Pathak, Kearney is seeing an increase in focus on APAC from duty-free players and brands, particularly on three broad themes: the ...

Travel Retail & Duty-Free Market Analysis | 2023-2030

The sector's share of the whole economy rose from 5.3% in 2020 to 6.1% in 2021. As a result, duty-free retailers can cater to domestic travelers' needs and ...

Duty-Free and Travel Retail Market Trends, Growth, and Insights 2033

Asia Pacific accounted for the largest market share and is estimated to grow at a CAGR of 21.9% during the forecast period. Outbound travel is one of the ...

Asia-Pacific Duty-Free And Travel Retail Market Scope By Application

Asia-Pacific Duty-Free And Travel Retail Market Growth Projections The "Asia-Pacific Duty-Free And Travel Retail Market" valued at $71 ...

Asia Pacific Duty-Free Retailing Market Size Forecast 2024-32

Asia Pacific Duty-Free Retailing Market size reached US$ 45.3 Billion in 2023. On account of these factors, the market is expected to grow a CAGR of 6.6% ...

APAC Travel Retail Market Size & Share Analysis - Mordor Intelligence

The Asia Pacific region offers attractive duty-free shopping incentives that allow travelers to make tax-free purchases, so these factors attract more travelers ...

Duty Free And Travel Retail Global Market Report 2024

Global duty free and travel retail market size is expected to reach $83.50 billion by 2028 at a rate of 14.8%, segmented as by product type, beauty and ...

Travel Retail Market Size & Share, Forecasts Report 2024-2032

Duty-free shopping offers significant cost savings compared to retail prices in domestic markets, making these products particularly attractive to travelers ...