PUBLISHER: GlobalData | PRODUCT CODE: 1291738
PUBLISHER: GlobalData | PRODUCT CODE: 1291738
This report provides an overview of the Americas duty-free retailing which includes Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape
Americas' duty-free retail recovered in 2022; the expansion of retail space will play a key role in future growth
Airport duty-free retailers are investing in major digitization measures to enhance the customer experience and improve store activities
Cosmetic and toiletries is the largest category, while music & video emerges is the growth leader
The Americas' duty-free retail market is expected to reach $7.8 billion in 2026, growing at a CAGR of 6.1% during 2016-2026.
Airport retailers have prioritized a range of activities within their stores to improve customers' in-store experiences, reduce crowding, and speed up the purchasing process.
Cosmetic and toiletries is by far the most important contributor to the Americas duty-free retail market, with a clear lead over second placed drinks category.