Market Research Report
Duty Free Retailing in the Americas, 2017-2022: Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape
|Published by||GlobalData||Product code||657636|
|Published||Content info||81 Pages
Delivery time: 1-2 business days
|Duty Free Retailing in the Americas, 2017-2022: Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape|
|Published: June 25, 2018||Content info: 81 Pages||
The "Duty Free Retailing in the Americas, 2017-2022", report published by GlobalData, provides analysis of current and forecast market data for duty retail sales across the Americas.
The American duty free market registered slowing sales during 2015- 2016 due to the economic slowdown and growing security threats. Moreover, geopolitical issues between countries and natural calamities, such as the Zika virus outbreak in Brazil, hampered international tourism. However, sales started improving since the beginning of 2017, supported by the global economic recovery and growing international tourism, and stood at US$6.1 billion in 2017. Duty free sales in the Americas are projected to grow at a CAGR of 5.7% during 2017-2022, to reach US$8 billion by 2022.
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