Global Duty-Free Retailing arket size is expected to be about 36.28 Million USD by 2022

Author: QYResearch  |   Published Date: 2018-04-27   |   Views: 190

Publisher: QYResearch

Published Date: 2018-04-27


Duty Free retailing goods include Fashion Accessories and Hard Luxury Products; Fragrance and Cosmetics; Wine and Spirits; Confectionary and Foods; Tobacco. Fashion Accessories and Hard Luxury Products occupies the biggest market share: 36.45%; while the second one is Fragrance and Cosmetics, consists of 28.38% of the market share in Cambodia in 2016.

Dufry ranks the first in terms of revenue share in Cambodian market of Duty-Free Retailing, occupies 55.93% of market share in 2016, dominates the airport duty free sales in Cambodia; While, the other two players: LVMH and CDFG, with a market share of 10.53% and 33.54% respectively in the same year. In the near future, there will be new entrants in the Cambodian Duty Free Retailing Market, given that the government is promoting tourism industry in the country.

In the next five years, the Cambodian consumption of Duty-Free Retailing will show upward tendency further, market size is expected to be about 36.28 M USD by 2022. CAGR between 2016 and 2022 is 8.11%. Despite the presence of fierce competition and the trend of price decrease, due to the stable demand, together with the development of the related industries. Investors are quite optimistic about this industry. There will be more new investors entering this field in the near future.

The Cambodia Duty Free Retailing Market 2017-2022 report released by QYResearch provides a basic overview of the Duty Free Retailing industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Duty Free Retailing industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

Click to view the full report:http://www.qyresearchglobal.com/goods-1183146.html
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