Product Code: PM3854
The global airport retailing market size is expected to reach USD 97.18 billion by 2032, according to a new study by Polaris market research. The report "Airport Retailing Market Share, Size, Trends, Industry Analysis Report, By Category (Fashion & Accessories, Perfumes & Cosmetics, Liquor & Tobacco, Food & Beverages, and Others); By Distribution Channel; By Airport Size; By Region; Segment Forecast, 2019 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rapid increase in the number of airports worldwide offering a wide range of retail stores, duty-free outlets, and luxury brands in order to cater to diverse traveler preferences and elevate their experience and growing technological advancements that have made it easier for passengers to explore and purchase products at airports, are among the leading factors driving sales and revenue. Additionally, investments in airport infrastructure and expansion projects that led to larger terminals and increased commercial space are likely opportunities for businesses to establish their presence within airports and boost their revenue and growth.
For instance, in June 2023, Future Travel Experience established a new "FTE World Airport Retailing Working Group" under the company plans to extend their change into commercial space.
In recent years, many airports and large retailers have developed mobile applications that provide travelers with a range of features, including real-time flight information, wayfinding assistance, and personalized shopping experiences. These apps allow passengers to browse and purchase products, access exclusive offers, and conveniently receive digital receipts, and they are likely to have a positive impact on the global market.
Additionally, there is a growing trend of incorporating wellness and health-focused retail options in airport environments, which includes the availability of healthy food choices, fitness facilities, relaxation areas, and wellness-themed retail outlets. Passengers across the world are increasingly prioritizing their well-being, and airports are responding by offering products and services that cater to these needs, which creates new revenue opportunities in the near future.
Airport Retailing Market Report Highlights
Fashion & accessories segment accounted for largest global market share in 2022, due to increasing customer base at airports spending higher on premium and fashionable products
Direct retailer segment led the industry market with substantial share in 2022, mainly attributable to their better control on their operations and ability to provide best competitive rates in the market
Medium airports segment is likely to grow at significant growth rate over the study period, owing to increased number of passengers due to their modern, spacious, and well-designed terminals
Asia Pacific region dominated the global market with considerable share in 2022, on account of rising consumer disposable incomes and surging airport infrastructure development in the region
The global key market players include: King Power International, Japan Airport Terminal, Flemingo International, Airport Retail Group, Dubai Duty-Free, and DFS Group
Polaris market research has segmented the airport retailing market report based on category, distribution channel, airport size, and region:
Airport Retailing, Category Outlook (Revenue - USD Billion, 2019 - 2032)
- Fashion & Accessories
- Perfumes & Cosmetics
- Liquor & Tobacco
- Food & Beverages
- Others
Airport Retailing, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)
- Direct Retailer
- Convenience Stores
- Specialty Stores
- Departmental Store
Airport Retailing, Airport Size Outlook (Revenue - USD Billion, 2019 - 2032)
- Medium Airport
- Small Airport
- Large Airport
Airport Retailing, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Airport Retailing Market Insights
- 4.1. Airport Retailing Market - Distribution Channel Snapshot
- 4.2. Airport Retailing Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing number of airports
- 4.2.1.2. Tourism Growth
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Operating Costs
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Airport Retailing Market Distribution Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Airport Retailing Market, by Category
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 5.3. Fashion & Accessories
- 5.3.1. Global Airport Retailing Market, by Fashion & Accessories, by Region, 2019-2032 (USD Billion)
- 5.4. Perfumes & Cosmetics
- 5.4.1. Global Airport Retailing Market, by Perfumes & Cosmetics, by Region, 2019-2032 (USD Billion)
- 5.5. Liquor & Tobacco
- 5.5.1. Global Airport Retailing Market, by Liquor & Tobacco, by Region, 2019-2032 (USD Billion)
- 5.6. Food & Beverages
- 5.6.1. Global Airport Retailing Market, by Food & Beverages, by Region, 2019-2032 (USD Billion)
- 5.7. Others
- 5.7.1. Global Airport Retailing Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Airport Retailing Market, by Airport Size
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 6.3. Medium Airport
- 6.3.1. Global Airport Retailing Market, by Medium Airport, by Region, 2019-2032 (USD Billion)
- 6.4. Small Airport
- 6.4.1. Global Airport Retailing Market, by Small Airport, by Region, 2019-2032 (USD Billion)
- 6.5. Large Airport
- 6.5.1. Global Airport Retailing Market, by Large Airport, by Region, 2019-2032 (USD Billion)
7. Global Airport Retailing Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3. Direct Retailer
- 7.3.1. Global Airport Retailing Market, by Direct Retailer, By Region, 2019-2032 (USD Billion)
- 7.4. Convenience Store
- 7.4.1. Global Airport Retailing Market, by Convenience Store, By Region, 2019-2032 (USD Billion)
- 7.5. Specialty Retailer
- 7.5.1. Global Airport Retailing Market, by Specialty Retailer, By Region, 2019-2032 (USD Billion)
- 7.6. Departmental Store
- 7.6.1. Global Airport Retailing Market, by Departmental Store, By Region, 2019-2032 (USD Billion)
8. Global Airport Retailing Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Airport Retailing Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Airport Retailing Market - North America
- 8.3.1. North America: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.3.2. North America: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.3. North America: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.3.4. Airport Retailing Market - U.S.
- 8.3.4.1. U.S.: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.3.5. Airport Retailing Market - Canada
- 8.3.5.1. Canada: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.4. Airport Retailing Market - Europe
- 8.4.1. Europe: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.3. Europe: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.4.4. Airport Retailing Market - UK
- 8.4.4.1. UK: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.4.5. Airport Retailing Market - France
- 8.4.5.1. France: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.5.3. France: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.4.6. Airport Retailing Market - Germany
- 8.4.6.1. Germany: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.4.7. Airport Retailing Market - Italy
- 8.4.7.1. Italy: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.4.8. Airport Retailing Market - Spain
- 8.4.8.1. Spain: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.4.9. Airport Retailing Market - Netherlands
- 8.4.9.1. Netherlands: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.4.10. Airport Retailing Market - Russia
- 8.4.10.1. Russia: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.5. Airport Retailing Market - Asia Pacific
- 8.5.1. Asia Pacific: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.5.4. Airport Retailing Market - China
- 8.5.4.1. China: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.4.3. China: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.5.5. Airport Retailing Market - India
- 8.5.5.1. India: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.5.3. India: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.5.6. Airport Retailing Market - Malaysia
- 8.5.6.1. Malaysia: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.5.7. Airport Retailing Market - Japan
- 8.5.7.1. Japan: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.5.8. Airport Retailing Market - Indonesia
- 8.5.8.1. Indonesia: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.5.9. Airport Retailing Market - South Korea
- 8.5.9.1. South Korea: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.6. Airport Retailing Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.6.4. Airport Retailing Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.6.5. Airport Retailing Market - UAE
- 8.6.5.1. UAE: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.6.6. Airport Retailing Market - Israel
- 8.6.6.1. Israel: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.6.7. Airport Retailing Market - South Africa
- 8.6.7.1. South Africa: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.7. Airport Retailing Market - Latin America
- 8.7.1. Latin America: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.7.4. Airport Retailing Market - Mexico
- 8.7.4.1. Mexico: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.7.5. Airport Retailing Market - Brazil
- 8.7.5.1. Brazil: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
- 8.7.6. Airport Retailing Market - Argentina
- 8.7.6.1. Argentina: Airport Retailing Market, by Category, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Airport Retailing Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Airport Retailing Market, by Airport Size, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Airport Retail Group LLC
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Autogrill
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. China Duty-Free Group Co. Ltd.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. DFS Group Ltd
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Dubai Duty-Free
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Dufry AG
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Flemingo International
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Gebr. Heinemann SE & Co. KG
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Japan Airport Terminal Co. Ltd.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. King Power International
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. The SHILLA Duty Free
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. World Duty-Free Group
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development