Review Of Global Travel Retail Ideas

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Global Travel Retail. Dufry is a global travel retailer with operations in 64 countries. According to estimates provided by next move strategy consulting, the market is forecast.

GTRD Global Travel Retail Distribution Channels
GTRD Global Travel Retail Distribution Channels from www.gtrd.com

The travel retail market is expected to be growing at a growth rate of 13.95% in the forecast period of 2021 to 2028. It is currently being valued at usd ~88 billion and is projected to skyrocket to usd ~154 billion by 2025. And chinese consumer spending is an integral part of this growth, with their spending expected to increase from 48 to 56 percent by 2025.

GTRD Global Travel Retail Distribution Channels

Lotte duty free and the shilla duty free, both from south. According to estimates provided by next move strategy consulting, the market is forecast. In 2020, based on revenue, china duty free group was the leading travel retailer worldwide, with revenues amounting to 6.6 billion euros. Operating over 4.800 stores across travel essentials, duty free & fashion and foodservice in airports, railway stations and other concessions in 42 countries worldwide, we generate €2.9 bn sales in 2021 (managed 100%).