Market Research Reports - Ken Research Global Clothing and Footwear Market Outlook

Global Duty Free Retailing 2015-2020: Ken Research
Duty free channel has produced notable growth over the last five years; however, it was far
below its potential as the market was largely impacted by recession and the European crisis.
Over the next five years, the market is expected to expand at a faster rate mainly driven by
increasing number of international travelers, supported by growth of low cost airlines and new
air routes across the world, modernization of airports, and new duty free retail space. In
addition, organic growth in Asia-Pacific duty free market on the back of high Chinese spending
and expansion of duty free retail space will contribute to the global sales.
Key Findings
Global will register CAGR of 6.7% during 2015-2020 with Asia-Pacific contributing to majority of
the sales
South Korea is the largest market globally and will retain its position growing at a CAGR of 9.6%
India will be the fastest growing market at 20.7% during 2015-2020, followed by Japan, which
will enter top 10 largest market list at the seventh position in 2020
Cosmetic and toiletries was the largest category in 2015 and is set to witness a CAGR of 7.9%
during the next five years, driven by demand for Korean cosmetics, introduction of specialized
concepts promoting higher customer engagement
Synopsis
The "Global Duty Free Retailing, 2015-2020" report, published by Verdict Research, provides
analysis of current and forecast market data for retail sales in different product categories sold
through duty free channel across the globe.
What else does this report offer?
Current market sizes and forecasts to 2020 by country and category; covers 50 countries and 20
categories, including clothing, consumer electronics, drinks, footwear, homewares, jewelry,
watches and accessories, luggage and leather goods, packaged food, health and beauty,
photographic equipment, printed media, sports equipment, tobacco, toys and games, and
others
Market insights based on consumer trends and changing economic and demographic factors on
a regional and country basis
International arrivals by country and top 10 source countries for international arrivals in top 20
countries