The global airport retail market has witnessed significant growth during 2020 and is predicted to witness promising growth through the forecast period 2023 - 2030. Increasing number of budget travel options, rising number of air travelers and terminals and expansion of multinational retailers are expected to support this market growth through the forecast period. In addition, increasing disposable income of middle-class families and availability of luxury products at discounted prices are also predicted to surge the growth of airport retail market. This represents a positive outlook for airport retailers and related service providers. This study on “Airport retail market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2023 – 2030” highlights key investment opportunities in the global airport retail market.

The research study on airport retail market includes exhaustive analysis of the market influencing and limiting factors related to global airport retail market industry. The report also includes current and future industry trends in the global as well as regional airport retail market. The report includes extensive information of demand-supply, advertising and promotion and pricing trends. High level analysis such as PESTEL, consumer behavior analysis, value chain and market attractive analysis included in the report helps industry players to identify key investment areas in this industry. Report also includes detailed information related to air travelers and airport terminals growth.

The market study of airport retail market also provides market estimates and forecast of different types of airport retail market and technology market size in the global, regional and country level markets in terms of revenue (US$ Bn). This market is classified on the basis of product type, store type, ownership and region. The report also includes cross sectional analysis on the regional and country level i.e. regional market size by vehicle type. This study includes market historical market size, market estimate (2021) and forecast for the period 2023 – 2030 in terms of revenue.

The report profiles major players in the global airport retail market industry. Company profiles include detailed information about business strategies, financial overview, major competitors, product portfolio, recent developments and regional positioning of these manufacturers. The report also provides in-depth analysis about global market competition, regional market players and suppliers and the positioning of key market players in the global market along with their market winning strategies.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

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 Retail 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 Retail 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.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Airport Retail 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 2032.
• 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 Retail market?
• Which is the largest regional market for Airport Retail 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 Retail market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Airport Retail market worldwide?