Global Duty Free Retailing, 2013-2018: Market Dynamics, Retail Trends and Competitive Landscape

Date: 2015-09

“• Global duty free sales are forecast to reach US$63.3 billion by 2018 driven by growth from the Asia-Pacific region
• South Korea will remain the largest market for duty free sales in 2018, aided by a growing inbound duty free allowance and new licenses for small and medium-sized retailers
• Drinks and personal care produce the highest expenditure in duty free stores, globally
• China will grow the fastest in value terms in 2013-2018, driven by the country’s strong economic growth, consumers’ growing disposable income, and the growth of inbound travelers”

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