( MENAFN - EIN Presswire) Duty-Free Retailing Market, 2031 The airports sub-segment emerged as the global leader in 2021 and is predicted to show the fastest growth in the upcoming years. WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, May 29, 2024 /EINPresswire / -- According to a new report published by Allied Market Research, titled,“Duty-Free Retailing Market by Product Type, by Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031" The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. The global duty-free retailing market was valued at $33.
7 billion in 2021, and is projected to reach $94.2 billion by 2031, growing at a CAGR of 10.6% from 2022 to 2031.
Download Exclusive PDF Sample Report @ Globally the number of travelers across the world are increasing rapidly owing to rise in number of airport visitors. This is majorly owing to rise in the number of domestic and international travelers. The number of inbound and outgoing travelers is increasing significantly owing to rise in the number of airports visitors globally.
Sports travel, business meetings have led to an increase in the number of travelers. For instance, UEFA Euro, UEFA Champions League, Summer Olympic games, and Premier Leagues are some of the key events that have attracted large number of travelers. Such sports events organized by s.
