Market Research Report
Duty Free Retailing in the Middle East & Africa, 2017-2022: Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape
|Published by||GlobalData||Product code||657635|
|Published||Content info||67 Pages
Delivery time: 1-2 business days
|Duty Free Retailing in the Middle East & Africa, 2017-2022: Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape|
|Published: June 25, 2018||Content info: 67 Pages||
The "Duty Free Retailing in the Middle East & Africa, 2017-2022", report published by GlobalData, provides analysis of current and forecast market data for duty retail sales across Middle East and Africa.
The Middle East & Africa (MEA) clocked duty free sales of US$3.8 billion in 2017 and sales are forecast to grow at a CAGR of 6% during 2017-2022 to reach US$5.1 by 2022. The UAE is the largest and fastest-growing market in the MEA, with sales of US$2.3 billion in 2017. The market is estimated to grow at a CAGR of 7.1% to reach US$3.1 billion by 2022. Personal care - which includes sales from cosmetics and beauty products - is the largest category group in the region with sales of US$1.1 billion in 2017, accounting for 28.2% of total regional duty free sales as of 2017.
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