Table of Contents PART 01: Executive summary PART 02: Scope of the report • Market overview • Key-vendor offerings PART 03: Market research methodology • Research methodology • Economic indicators PART 04: Introduction • Key market highlights PART 05: Economic indicators • Global economic indicators PART 06: Market landscape • Market overview • Market size and forecast • Five forces analysis PART 07: Market segmentation by product category • Global duty-free retailing market by product category • Global duty-free retailing market for fashion, accessories, and hard luxury products • Global duty-free retailing market for cosmetics and perfumes • Global duty-free retailing market for wines and spirits • Global duty-free retailing market for tobacco • Global duty-free retailing market for confectionery and fine foods • Overall comparison of product segments PART 08: Market segmentation by distribution channel • Global duty-free retailing market by distribution channel • Airports • Border, downtown, and hotel shops • Cruise lines, ferries, and seaports • Rail stations and others • Overall comparison of distribution channels PART 09: Geographical segmentation • Global duty-free retailing market by geography • Duty-free retailing market in APAC • Duty-free retailing market in Europe • Duty-free retailing market in the Americas • Duty-free retailing market in MEA • Overall comparison of regions PART 10: Key leading countries • South Korea • China • US • UK • Germany PART 11: Market drivers • Increasing number of airport visitors and international travelers • Premium product offerings and exemption of excise duties • Expansion of retailers offering duty-free products PART 12: Impact of drivers PART 13: Market challenges • Reduction in the minimum baggage weight • Lesser focus on shopping at travel points • Regulations on duty-free tobacco products PART 14: Impact of drivers and challenges PART 15: Market trends • APAC: Region with the highest growth rate • International retailers focusing on M&As • Entry of global brands PART 16: Vendor landscape • Key insights • Comparative analysis of key vendors • Dufry • Lagardère group (Lagardère) • Lotte Shopping • LVMH • Other prominent vendors PART 17: Appendix • List of abbreviations PART 18: Explore Technavio List of Exhibits Exhibit 01: Global duty-free retailing market by product category Exhibit 02: Global duty-free retailing market by distribution channel Exhibit 03: Global duty-free retailing market by geography Exhibit 04: Global duty-free retailing market: Opportunity analysis Exhibit 05: World: Key economic indicators 2015 Exhibit 06: World population 2010-2015 (billions) Exhibit 07: World GDP per capita 2010-2015 ($) Exhibit 08: Global employment to population ratio 2009-2014 (%) Exhibit 09: World internet penetration rate 2010-2015 (%) Exhibit 10: World mobile cellular subscription rate 2010-2015 (%) Exhibit 11: Global urban population (% of total population) Exhibit 12: Global duty-free retailing market 2016-2021: An overview Exhibit 13: Global duty-free retailing market 2016-2021 ($ billions) Exhibit 14: Five forces analysis Exhibit 15: Global duty-free retailing market by product category 2016 and 2021 (% share) Exhibit 16: Global duty-free retailing market by product category 2016-2021 ($ billions) Exhibit 17: Fashion, accessories, and hard luxury products Exhibit 18: Global duty-free retailing market for fashion, accessories, and hard luxury products 2016-2021 ($ billions) Exhibit 19: Global duty-free retailing market for cosmetics and perfumes 2016-2021 ($ billions) Exhibit 20: Global duty-free retailing market for wines and spirits 2016-2021 ($ billions) Exhibit 21: Global duty-free retailing market for tobacco 2016-2021 ($ billions) Exhibit 22: Global duty-free retailing market for confectionery and fine foods 2016-2021 ($ billions) Exhibit 23: CAGR, market share, and base value comparison of product segments 2016 Exhibit 24: Global duty-free retailing market by distribution channel 2016 and 2021 (% share) Exhibit 25: Global duty-free retailing market by distribution channel 2016-2021 ($ billions) Exhibit 26: Popular airports having duty-free retail stores Exhibit 27: Global duty-free retailing market through airports 2016-2021 ($ billions) Exhibit 28: Global duty-free retailing market through borders, downtown, and hotel shops 2016-2021 ($ billions) Exhibit 29: Global duty-free retailing market through cruise lines, ferries, and seaports 2016-2021 ($ billions) Exhibit 30: Global duty-free retailing market through rail stations and other channels 2016-2021 ($ billions) Exhibit 31: CAGR, market share, and base value comparison of distribution channels 2016 Exhibit 32: Global duty-free retailing market by geography 2016 and 2021 (% of total revenue) Exhibit 33: Global duty-free retailing market by geography 2016-2021 ($ billions) Exhibit 34: Duty-free retailing market in APAC 2016-2021 ($ billions) Exhibit 35: Duty-free retailing market in Europe 2016-2021 ($ billions) Exhibit 36: Duty-free retailing market in the Americas 2016-2021 ($ billions) Exhibit 37: Duty-free retailing market in MEA 2016-2021 ($ billions) Exhibit 38: CAGR, market share, and base value comparison of regions 2016 Exhibit 39: Key leading countries 2016 Exhibit 40: Key leading countries by revenue share 2016 (%) Exhibit 41: South Korea: Market overview Exhibit 42: Duty-free retailing market in South Korea 2016-2021 ($ billions) Exhibit 43: China: Market overview Exhibit 44: Duty-free retailing market in China 2016-2021 ($ billions) Exhibit 45: US: Market overview Exhibit 46: Duty-free retailing market in the US 2016-2021 ($ billions) Exhibit 47: UK: Market overview Exhibit 48: Duty-free retailing market in the UK 2016-2021 ($ billions) Exhibit 49: UK: Market overview Exhibit 50: Duty-free retailing market in Germany 2016-2021 ($ billions) Exhibit 51: Market drivers Exhibit 52: International tourist arrivals 2016-2025 (billions) Exhibit 53: Impact of drivers Exhibit 54: Market challenges Exhibit 55: Impact of drivers and challenges Exhibit 56: Market trends Exhibit 57: International tourist arrivals in APAC 2015 (%) Exhibit 58: International tourism receipts in APAC 2015 (%) Exhibit 59: Comparison of the operating margins of key vendors in FY2015 (%) Exhibit 60: Comparison of sales growth FY2014-FY2015 (%) Exhibit 61: Key vendors: Benchmarking on product offerings and geographical presence Exhibit 62: Key vendors: Comparative analysis of product portfolio, product pricing, and geographical presence Exhibit 63: Dufry: Business segmentation by revenue 2015 (%) Exhibit 64: Dufry: Geographical segmentation by revenue 2015 (%) Exhibit 65: Dufry: Product segmentation by revenue 2015 (%) Exhibit 66: Dufry: Distribution channel segmentation by revenue 2015 (%) Exhibit 67: Dufry: Major developments Exhibit 68: Lagardère: Business segmentation by revenue 2015 (%) Exhibit 69: Lagardère Travel Retail: Segments Exhibit 70: Lagardère Travel Retail: Business segmentation by revenue 2015 (%) Exhibit 71: Lagardère Travel Retail: Geographical segmentation by revenue 2015 (%) Exhibit 72: Lagardère: Major development Exhibit 73: Lotte Shopping: Business segmentation by revenue 2015 (%) Exhibit 74: Lotte Shopping: Major development Exhibit 75: LVMH: Business segmentation by revenue 2015 (% Exhibit 76: LVMH: Geographical segmentation by revenue 2015 (%) Exhibit 77: DHS: Product segmentation Exhibit 78: LVMH: Major development

Dufry, Lagardère, Lotte Shopping, LVMH, Aer Rianta International (ARI), China Duty Free Group, Dubai Duty Free, Duty Free Americas, Gebr. Heinemann, JR/Group (James Richardson), King Power International Group, The Shilla Duty Free.