China Duty Free Group: turnover worldwide 2021

China Duty Free Group had a turnover amounting to approximately 9.4 billion euros in 2021. The company has expanded considerably since 2013, when the company accounted for an annual turnover of roughly 800 million euros. The Group was one of the few companies that managed to increase its turnover despite the impact of the coronavirus (COVID-19) pandemic. This resulted in China Duty Free Group becoming by far the largest travel retailer in the world.

Turnover of China Duty Free Group worldwide from 2013 to 2021 (in million euros)

Characteristic	Turnover in million euros
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Release date

July 2022

More information

Region

Worldwide

Survey time period

2013 to 2021

Supplementary notes

* Incorporating Sunrise Duty Free Beijing.

The source adds that the figures are those from company reports and their own estimates, including some alternative online and wholesale figures. They also other revenue sources such as F&B, which was important in the case of Lagardère Travel Retail and others.
The source also states that the figures are measured by annualized turnover and converted at December 31, 2021 rates to a single currency, namely the Euro.

Data prior to 2021 has been taken from previous editions of the publication.

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