Duty Free and Travel Retail Industry - Statistics & Facts

Duty free and travel retail is a global industry which specializes in selling products to international travelers. Duty free store sales are tax-free and exempt from excise duties, on the condition that goods are only sold to travelers who will transport them out of the country. The bulk of this industry’s revenues comes from airports, however, duty free and travel retail is also available at border shops, onboard cruises and ferries in international waters, and onboard aircrafts during international flights. In some areas, such as non-EU Europe, Australasia, the Middle East and Latin America, travelers have the option of purchasing duty free goods upon arrival. This trend has become a fundamental source of income for airports. Moreover, duty free and travel retail generates necessary revenues for the travel, tourism, aviation and maritime industries.

In 2017, global duty free and travel retail sales amounted to approximately 68.6 billion dollars and were expected to reach 125.1 billion dollars by 2023. The Asia-Pacific region accounted for the majority share of travel retail sales in 2017, followed by Europe and the Americas.

Dufry was the leading travel retailer worldwide in 2016. That year, the company operated approximately 2,200 stores throughout the world. Perfumes and cosmetics were the most popular category in travel retail in 2017, followed by wines and spirits, and fashion and accessories. In 2017, the travel sales growth rate in the wines and spirits category was 9.2%.

Read more

Duty free and travel retail industry - Important statistics

You may also be interested in these statistics

The whole topic in one document

Duty free and travel retail industry
  • Edited and prepared
  • Download in PPT/PDF format
  • Instant access
  • From $365

The whole topic in one document

Duty free and travel retail industry
  • Edited and prepared
  • Download in PPT/PDF format
  • Instant access
  • From $365

Airtravel in the U.S. 2017

Statista Consumer Survey - Survey Data Table
  • All top statistics from our quantitative consumer & expert surveys
  • All study results are available to download in XLS(X) format
  • From $300 per volume of tables

Top 100 Companies: Travel & Tourism

Statista Toplist 2018
  • all top companies in a given industry or region
  • Includes contact details and key figures
  • available to download in Excel format for a seamless workflow

Recommended statistics

Recommended searches related to Duty Free and Travel Retail Industry

Recommended searches related to Duty Free and Travel Retail Industry

More interesting topics from the industry "Worldwide"

More interesting topics from the industry "Worldwide"

About Statista

Learn more about how Statista can support your business.

Request webinar

Any more questions?

Any more questions?

Get in touch with us quickly and easily. We are happy to help!

Get in touch with us quickly and easily. We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

5 News

We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.