The Business Research Company’s Travel Retail Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Travel Retail Global Market Report 2023 evaluates travel retail market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global travel retail market size grew from $68.91 billion in 2022 to $79.05 billion in 2023 at a compound annual growth rate (CAGR) of 14.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The travel retail market size is expected to grow to $126.48 billion in 2027 at a CAGR of 12.5%.

The travel retail market segments in the report are:
1) By Product Type: Perfume and Cosmetics, Wine and Spirit, Electronics, Luxury Goods, Food, Confectionery, and Catering, Tobacco, Other Products
2) By Channel: Airports, Cruise Lines, Border, Down Town and Hotel Shops, Railway Stations, Other Channels
3) By End Users: Children (less than 18 years old), Youth (18-30 years old), Middle-aged (18-59 years old), The Elder (greater than 60 years old)

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The table of contents in TBRC’s travel retail market report includes:
1. Executive Summary
2. Travel Retail Market Characteristics
3. Travel Retail Market Trends And Strategies
4. Travel Retail Market – Macro Economic Scenario
5. Travel Retail Market Size And Growth
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27. Travel Retail Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Travel Retail Market
29. Travel Retail Market Future Outlook and Potential Analysis
30. Appendix

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