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%.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
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Projected global duty free and travel retail sales value for 2023

125.1bn USD

DFS' turnover

3.67bn EUR
Overview
Projected global duty free and travel retail sales value for 2023 125.1bn USD Global duty free & travel sales 68.6bn USD Asia Pacific's share of the global travel retail industry 45% Global sales from airport travel retail stores 38.2bn USD Fragrance and cosmetic travel retail sales worldwide 24.5bn USD

Airtravel in the U.S. 2017

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Leading travel retailers
DFS' turnover 3.67bn EUR Lagardère Travel Retail's turnover 3.9bn EUR Dufry's turnover 7.2bn EUR Lotte Duty Free's turnover 4.84bn EUR The Shilla Duty Free's turnover 3.4bn EUR
Leading travel retailer Dufry
Number of North American Dufry shops 996 Dufry's sales share from the duty-free sector 62% Dufry's share of the travel retail market 13% Dufry's sales share from perfumes and cosmetics 32%

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Duty free and travel retail industry
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Overview
Projected global duty free and travel retail sales value for 2023 125.1bn USD Global duty free & travel sales 68.6bn USD Asia Pacific's share of the global travel retail industry 45% Global sales from airport travel retail stores 38.2bn USD Fragrance and cosmetic travel retail sales worldwide 24.5bn USD

Airtravel in the U.S. 2017

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  • All study results are available to download in XLS(X) format
  • From $300 per volume of tables
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Leading travel retailers
DFS' turnover 3.67bn EUR Lagardère Travel Retail's turnover 3.9bn EUR Dufry's turnover 7.2bn EUR Lotte Duty Free's turnover 4.84bn EUR The Shilla Duty Free's turnover 3.4bn EUR
Leading travel retailer Dufry
Number of North American Dufry shops 996 Dufry's sales share from the duty-free sector 62% Dufry's share of the travel retail market 13% Dufry's sales share from perfumes and cosmetics 32%

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