PUBLISHER: Acute Market Reports | PRODUCT CODE: 1127221
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1127221
Airport Retailing Consumer Electronics Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Global airport retailing consumer electronics market is expected to grow at a CAGR of 8% during the forecast period 2022-2030. According to the current status of the business, airport retailing of consumer electronics constitutes approximately 0.1 percent of the overall global consumer electronics market. The market for consumer electronics sold in airport retail outlets is anticipated to experience significant expansion. China, India, and the United States, have been focusing on building of infrastructure to boost operations at full capacity. The most important economies in the world are currently investing in infrastructure to pave the way for massive economic growth in the form of the development of trade centres, ports, and airports, amongst other things. It is anticipated that the airport retailing consumer electronics market would have significant development as a result of increasing investment and increased customer demand for keepsakes, both of which are driven by big data technology. New chances for consumer branding and brand loyalty continue to arise as a result of expanding globalisation and an increase in the number of people who like to go to other countries.
Expanding Air Passenger Traffic
The expansion rate of consumer electronics sales in airport shops has been recorded at 6% over the past decade. It is projected that the transition trend from traditional airports to airports that resemble small cities called "aerotropolis" will offer high profits in the following decade. The retailing of consumer electronics in airports holds direct application in areas designated for air travel. In addition, a survey conducted by Airport Council International found that there has been an increase of approximately 8% to 10% in the amount of global air passenger traffic over the course of the previous five years. This growth is expected to present lucrative opportunities for manufacturers. The aforementioned tendencies provide obvious insights regarding the likelihood of this market's potential to more than quadruple its current market worth during the next ten years.
Aero City to Promise Significant Opportunity During the Forecast Period
Pre-security (Landslide), Post-security (Airside), and Aero Cities are the three major store locations are associated with the airport retailing consumer electronics market. It is anticipated that aero cities will provide the greatest opportunity in terms of absolute dollars over the course of the forecast period 2022-2030. The present transition pattern that is being followed by the majority of high air-passenger traffic airports, such as Seoul Incheon, Singapore Changi, Dubai International, Shanghai Pudong, and Beijing Capital, is a factor that is necessary for comprehending the aforementioned insight. Revenues from aero cities is expected to be largest with the revenue share of 45% in 2021. This CAGR of this market is expected to raise at 8.8% during the forecast period of 2022-2030.
APAC and Europe Contributed Over 75% of Global Revenues in 2021
It is anticipated that the airport retailing consumer electronics market in Asia Pacific would experience significant growth in the next years. The competitors in the market are looking forward to a robust expansion thanks to the growing boost to tourism as well as important tourism destinations like Thailand, Indonesia, and Malaysia, amongst others. In addition to this, the region is observing an increase in the demand for consumer products, which can be attributed to increased levels of discretionary income. It is anticipated that the expansion of the airport retailing consumer electronics industry would be driven by rising income levels as well as the growing demand for branding solutions. Additionally, it is anticipated that the airport retailing consumer electronics market will have significant expansion in both North America and Europe.
Highly Consolidated Market to Face Stiff Competition
The airport retailing consumer electronics market is projected to continue to be highly concentrated over the next several years as a result of the continued expansion of key market participants. Market participants operating in the airport retailing consumer electronics business have, for the most part, chosen growth-oriented strategies. In addition, the most important thing on their list of priorities is maintaining their brand while also making consistent improvements in the aforementioned technologies' technical capabilities. These tactics are assisting the global players in expanding their geographical footprint and accumulating the highest possible market share, providing them with a technical advantage as a result. Key players in this market include Durfy AG, Crystal Media, Royal Capi-Lux ('Capi'), InMotion, Dubai Duty Free, Lagardere Travel Retail, Bahrain Duty Free Shop Complex, Regstaer Duty Free and Others.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Airport Retailing Consumer Electronics market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Airport Retailing Consumer Electronics market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
- Research Period: 2020-2030
- Base Year: 2021
- Forecast Period: 2022-2030
- Historical Year: 2020
- Unit: USD Million
Segmentation
Product Type
- Electronics Devices
- Accessories
- Others
Airport Size
- Large
- Medium
- Small
Store Location
- Pre-security (Landside)
- Post-security (Airside)
- Aero Cities
Channel
- Hypermarket/Supermarket
- Specialty Retail Store
- Others
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Airport Retailing Consumer Electronics market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Airport Retailing Consumer Electronics market?
- Which is the largest regional market for Airport Retailing Consumer Electronics market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Airport Retailing Consumer Electronics market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Airport Retailing Consumer Electronics market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Airport Retailing Consumer Electronics Market
- 2.2. Global Airport Retailing Consumer Electronics Market, By Product Type, 2021 (US$ Million)
- 2.3. Global Airport Retailing Consumer Electronics Market, By Airport Size, 2021 (US$ Million)
- 2.4. Global Airport Retailing Consumer Electronics Market, By Store Location, 2021 (US$ Million)
- 2.5. Global Airport Retailing Consumer Electronics Market, By Channel, 2021 (US$ Million)
- 2.6. Global Airport Retailing Consumer Electronics Market, By Geography, 2021 (US$ Million)
- 2.7. Impact of Covid 19
- 2.8. Attractive Investment Proposition by Geography, 2021
- 2.9. Competitive Analysis
- 2.9.1. Market Positioning of Key Airport Retailing Consumer Electronics Market Vendors
- 2.9.2. Strategies Adopted by Airport Retailing Consumer Electronics Market Vendors
- 2.9.3. Key Industry Strategies
3. Airport Retailing Consumer Electronics Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Airport Retailing Consumer Electronics Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Airport Retailing Consumer Electronics Market: By Product Type, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Electronics Devices
- 4.3.2. Accessories
- 4.3.3. Others
5. Airport Retailing Consumer Electronics Market: By Airport Size, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Large
- 5.3.2. Medium
- 5.3.3. Small
6. Airport Retailing Consumer Electronics Market: By Store Location, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Pre-security (Landside)
- 6.3.2. Post-security (Airside)
- 6.3.3. Aero Cities
7. Airport Retailing Consumer Electronics Market: By Channel, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2021 Versus 2030
- 7.3. Market Segmentation
- 7.3.1. Hypermarket/Supermarket
- 7.3.2. Specialty Retail Store
- 7.3.3. Others
8. North America Airport Retailing Consumer Electronics Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Airport Retailing Consumer Electronics Market: By Product Type, 2020-2030, USD (Million)
- 8.3. Airport Retailing Consumer Electronics Market: By Airport Size, 2020-2030, USD (Million)
- 8.4. Airport Retailing Consumer Electronics Market: By Store Location, 2020-2030, USD (Million)
- 8.5. Airport Retailing Consumer Electronics Market: By Channel, 2020-2030, USD (Million)
- 8.6.Airport Retailing Consumer Electronics Market: By Region, 2020-2030, USD (Million)
- 8.6.1.North America
- 8.6.1.1. U.S.
- 8.6.1.2. Canada
- 8.6.1.3. Rest of North America
- 8.6.1.North America
9. UK and European Union Airport Retailing Consumer Electronics Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Airport Retailing Consumer Electronics Market: By Product Type, 2020-2030, USD (Million)
- 9.3. Airport Retailing Consumer Electronics Market: By Airport Size, 2020-2030, USD (Million)
- 9.4. Airport Retailing Consumer Electronics Market: By Store Location, 2020-2030, USD (Million)
- 9.5. Airport Retailing Consumer Electronics Market: By Channel, 2020-2030, USD (Million)
- 9.6.Airport Retailing Consumer Electronics Market: By Region, 2020-2030, USD (Million)
- 9.6.1.UK and European Union
- 9.6.1.1. UK
- 9.6.1.2. Germany
- 9.6.1.3. Spain
- 9.6.1.4. Italy
- 9.6.1.5. France
- 9.6.1.6. Rest of Europe
- 9.6.1.UK and European Union
10. Asia Pacific Airport Retailing Consumer Electronics Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Airport Retailing Consumer Electronics Market: By Product Type, 2020-2030, USD (Million)
- 10.3. Airport Retailing Consumer Electronics Market: By Airport Size, 2020-2030, USD (Million)
- 10.4. Airport Retailing Consumer Electronics Market: By Store Location, 2020-2030, USD (Million)
- 10.5. Airport Retailing Consumer Electronics Market: By Channel, 2020-2030, USD (Million)
- 10.6.Airport Retailing Consumer Electronics Market: By Region, 2020-2030, USD (Million)
- 10.6.1.Asia Pacific
- 10.6.1.1. China
- 10.6.1.2. Japan
- 10.6.1.3. India
- 10.6.1.4. Australia
- 10.6.1.5. South Korea
- 10.6.1.6. Rest of Asia Pacific
- 10.6.1.Asia Pacific
11. Latin America Airport Retailing Consumer Electronics Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Airport Retailing Consumer Electronics Market: By Product Type, 2020-2030, USD (Million)
- 11.3. Airport Retailing Consumer Electronics Market: By Airport Size, 2020-2030, USD (Million)
- 11.4. Airport Retailing Consumer Electronics Market: By Store Location, 2020-2030, USD (Million)
- 11.5. Airport Retailing Consumer Electronics Market: By Channel, 2020-2030, USD (Million)
- 11.6.Airport Retailing Consumer Electronics Market: By Region, 2020-2030, USD (Million)
- 11.6.1.Latin America
- 11.6.1.1. Brazil
- 11.6.1.2. Mexico
- 11.6.1.3. Rest of Latin America
- 11.6.1.Latin America
12. Middle East and Africa Airport Retailing Consumer Electronics Market, 2020-2030, USD (Million)
- 12.1. Market Overview
- 12.2. Airport Retailing Consumer Electronics Market: By Product Type, 2020-2030, USD (Million)
- 12.3. Airport Retailing Consumer Electronics Market: By Airport Size, 2020-2030, USD (Million)
- 12.4. Airport Retailing Consumer Electronics Market: By Store Location, 2020-2030, USD (Million)
- 12.5. Airport Retailing Consumer Electronics Market: By Channel, 2020-2030, USD (Million)
- 12.6.Airport Retailing Consumer Electronics Market: By Region, 2020-2030, USD (Million)
- 12.6.1.Middle East and Africa
- 12.6.1.1. GCC
- 12.6.1.2. Africa
- 12.6.1.3. Rest of Middle East and Africa
- 12.6.1.Middle East and Africa
13. Company Profile
- 13.1. Durfy AG
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Portfolio
- 13.1.4. Strategic Initiatives
- 13.2. Crystal Media
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Portfolio
- 13.2.4. Strategic Initiatives
- 13.3. Royal Capi-Lux ('Capi')
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Portfolio
- 13.3.4. Strategic Initiatives
- 13.4. InMotion
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Portfolio
- 13.4.4. Strategic Initiatives
- 13.5. Dubai Duty Free
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Portfolio
- 13.5.4. Strategic Initiatives
- 13.6. Lagardere Travel Retail
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Portfolio
- 13.6.4. Strategic Initiatives
- 13.7. Bahrain Duty Free Shop Complex
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Portfolio
- 13.7.4. Strategic Initiatives
- 13.8. Regstaer Duty Free
- 13.8.1. Company Overview
- 13.8.2. Financial Performance
- 13.8.3. Product Portfolio
- 13.8.4. Strategic Initiatives
- 13.9. Others
- 13.9.1. Company Overview
- 13.9.2. Financial Performance
- 13.9.3. Product Portfolio
- 13.9.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Airport Retailing Consumer Electronics Market By Product Type, 2020-2030, USD (Million)
- TABLE 2 Global Airport Retailing Consumer Electronics Market By Airport Size, 2020-2030, USD (Million)
- TABLE 3 Global Airport Retailing Consumer Electronics Market By Store Location, 2020-2030, USD (Million)
- TABLE 4 Global Airport Retailing Consumer Electronics Market By Channel, 2020-2030, USD (Million)
- TABLE 5 North America Airport Retailing Consumer Electronics Market By Product Type, 2020-2030, USD (Million)
- TABLE 6 North America Airport Retailing Consumer Electronics Market By Airport Size, 2020-2030, USD (Million)
- TABLE 7 North America Airport Retailing Consumer Electronics Market By Store Location, 2020-2030, USD (Million)
- TABLE 8 North America Airport Retailing Consumer Electronics Market By Channel, 2020-2030, USD (Million)
- TABLE 9 UK and European Union Airport Retailing Consumer Electronics Market By Product Type, 2020-2030, USD (Million)
- TABLE 10 UK and European Union Airport Retailing Consumer Electronics Market By Airport Size, 2020-2030, USD (Million)
- TABLE 11 UK and European Union Airport Retailing Consumer Electronics Market By Store Location, 2020-2030, USD (Million)
- TABLE 12 UK and European Union Airport Retailing Consumer Electronics Market By Channel, 2020-2030, USD (Million)
- TABLE 13 Asia Pacific Airport Retailing Consumer Electronics Market By Product Type, 2020-2030, USD (Million)
- TABLE 14 Asia Pacific Airport Retailing Consumer Electronics Market By Airport Size, 2020-2030, USD (Million)
- TABLE 15 Asia Pacific Airport Retailing Consumer Electronics Market By Store Location, 2020-2030, USD (Million)
- TABLE 16 Asia Pacific Airport Retailing Consumer Electronics Market By Channel, 2020-2030, USD (Million)
- TABLE 17 Latin America Airport Retailing Consumer Electronics Market By Product Type, 2020-2030, USD (Million)
- TABLE 18 Latin America Airport Retailing Consumer Electronics Market By Airport Size, 2020-2030, USD (Million)
- TABLE 19 Latin America Airport Retailing Consumer Electronics Market By Store Location, 2020-2030, USD (Million)
- TABLE 20 Latin America Airport Retailing Consumer Electronics Market By Channel, 2020-2030, USD (Million)
- TABLE 21 Middle East and Africa Airport Retailing Consumer Electronics Market By Product Type, 2020-2030, USD (Million)
- TABLE 22 Middle East and Africa Airport Retailing Consumer Electronics Market By Airport Size, 2020-2030, USD (Million)
- TABLE 23 Middle East and Africa Airport Retailing Consumer Electronics Market By Store Location, 2020-2030, USD (Million)
- TABLE 24 Middle East and Africa Airport Retailing Consumer Electronics Market By Channel, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Airport Retailing Consumer Electronics Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Airport Retailing Consumer Electronics Market: Quality Assurance
- FIG. 5 Global Airport Retailing Consumer Electronics Market, By Product Type, 2021
- FIG. 6 Global Airport Retailing Consumer Electronics Market, By Airport Size, 2021
- FIG. 7 Global Airport Retailing Consumer Electronics Market, By Store Location, 2021
- FIG. 8 Global Airport Retailing Consumer Electronics Market, By Channel, 2021
- FIG. 9 Global Airport Retailing Consumer Electronics Market, By Geography, 2021
- FIG. 10 Global Airport Retailing Consumer Electronics Market, By Product Type, 2021 Vs 2030, %
- FIG. 11 Global Airport Retailing Consumer Electronics Market, By Airport Size, 2021 Vs 2030, %
- FIG. 12 Global Airport Retailing Consumer Electronics Market, By Store Location, 2021 Vs 2030, %
- FIG. 13 Global Airport Retailing Consumer Electronics Market, By Channel, 2021 Vs 2030, %
- FIG. 14 U.S. Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 15 Canada Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 16 Rest of North America Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 17 UK Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 18 Germany Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 19 Spain Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 20 Italy Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 21 France Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 22 Rest of Europe Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 23 China Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 24 Japan Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 25 India Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 26 Australia Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 27 South Korea Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 28 Rest of Asia Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 29 Brazil Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 30 Mexico Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 31 Rest of Latin America Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 32 GCC Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 33 Africa Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
- FIG. 34 Rest of Middle East and Africa Airport Retailing Consumer Electronics Market (US$ Million), 2020 - 2030
