
Report ID: SQMIG20N2043
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Airport Retailing Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Airport Retailing industry players.
The competitive landscape of the global airport retailing market is marked by the presence of major players such as Dufry, Lotte Duty Free, Lagardère Travel Retail, DFS Group, and Heinemann. These businesses bank on trends such as selective product releases, omnichannel integration, and experiential retailing. Lagardère focuses on digital presence, while Dufry grows through airport alliances. Lotte Duty Free uses K-culture and celebrity brands to drive global awareness and traveler draws.
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Global Airport Retailing Market size was valued at USD 35.07 Billion in 2023 poised to grow from USD 40.33 Billion in 2024 to USD 123.37 Billion by 2032, growing at a CAGR of 15% in the forecast period (2025-2032).
The competitive landscape of the global airport retailing market is marked by the presence of major players such as Dufry, Lotte Duty Free, Lagardère Travel Retail, DFS Group, and Heinemann. These businesses bank on trends such as selective product releases, omnichannel integration, and experiential retailing. Lagardère focuses on digital presence, while Dufry grows through airport alliances. Lotte Duty Free uses K-culture and celebrity brands to drive global awareness and traveler draws. 'Dufry AG (Switzerland)', 'Lagardère Travel Retail (France)', 'DFS Group (Hong Kong)', 'Heinemann SE & Co. KG (Germany)', 'Lotte Duty Free (South Korea)', 'King Power International Group (Thailand)', 'The Shilla Duty Free (South Korea)', 'Aer Rianta International (Ireland)', 'Dubai Duty Free (UAE)', 'Japan Airport Terminal Co., Ltd. (Japan)', 'China Duty Free Group (CDFG) (China)', 'Duty Free Americas (USA)', 'Harding Retail (United Kingdom)', 'WHSmith PLC (United Kingdom)', 'Hudson Group (USA)'
Rising international air travel, fueled by tourism and business mobility, is a key driver of the global airport retailing market growth. With more international visitors coming through airports, there is a growing need for duty-free, premium, and convenience products. This higher foot traffic translates to increased sales potential, prompting retailers to grow and innovate in airport spaces.
Rise of Experiential Retail in Airports: Airports are evolving into lifestyle hubs where retailers blend shopping with immersive experiences. From virtual try-ons to high-end lounges and cultural exhibits, experiential retail is deepening connection and dwell time. This is reshaping airport retailing from a convenience-led concept to an event-driven one that creates lasting experiences for international travelers.
How are Digital Innovations Shaping Airport Retail in North America?
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Report ID: SQMIG20N2043
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