Duty Free Retailing in the Middle East and Africa, 2017-2022: Market and Category Expenditure and Forecasts, Trends, and Competitive Landscape

Duty Free Retailing in the Middle East and Africa, 2017-2022: Market and Category Expenditure and Forecasts, Trends, and Competitive Landscape

Summary

The "Duty Free Retailing in the Middle East and Africa, 2017-2022", report published by GlobalData, provides analysis of current and forecast market data for duty retail sales across Middle East and Africa.

The Middle East and Africa (MEA) clocked duty free sales of US$3.8 billion in 2017 and sales are forecast to grow at a CAGR of 6% during 2017-2022 to reach US$5.1 by 2022. The UAE is the largest and fastest-growing market in the MEA, with sales of US$2.3 billion in 2017. The market is estimated to grow at a CAGR of 7.1% to reach US$3.1 billion by 2022. Personal care - which includes sales from cosmetics and beauty products - is the largest category group in the region with sales of US$1.1 billion in 2017, accounting for 28.2% of total regional duty free sales as of 2017.

What else does this report offer?
- Current market sizes and forecasts to 2022 by categories, including clothing, footwear, jewelry, watches and accessories, and luggage and leather goods
- Market insights based on consumer trends and changing economic and demographic factors
- Duty free retail sales and fastest-growing markets for duty free channel
- Category level retail sales and forecast growth rates in Middle East and Africa
- Competitive landscape covering market share of major duty free operators and their duty free sales and trading update analysis, recent key events.

Scope

- Expansion of airports to drive duty free sales
- Personal care to remain the largest category group
- Increase in number of tourists is a key growth driver
- Dubais strategic location and government efforts to drive sales
- The UAE will continue to be the largest duty free market in 2022
- Personal care continues to remain the largest and fastest-growing category
- Saudi Arabia set to register healthy growth over the next five years
- New duty free laws to curb use of products that cause harm to health.

Reasons to buy

Get immediate access to -
- Reliable duty free retail sales data across the Middle East and Africa for 2017 with forecasts for 2022 with information on largest and fastest-growing markets to inform market expansion and to manage risk - Explore an in-depth analysis of duty free retail sales data for major markets to identify target categories and develop growth plans
- Learn from duty free retail trends and market drivers to customize your entry/expansion approach depending on the duty free retail landscape
- Choose partners, understand the competition, with data and analysis of major duty free retailers, including market shares, trading performance, locations, travel retail strategy for each.

Executive Summary
Regional Analysis
Country Analysis
Key Trends
Key Retail Innovations
Competitive Landscape
Sector Analysis
Appendix

Global Duty Free Retailing Market Research Report 2019-2023

Duty-free shops (or stores) are retail outlets that are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be

USD 2850 View Report

Trends in Duty Free Retailing

Trends in Duty Free RetailingGlobal duty free sales are projected to register a CAGR of 7.1% over the next five years to reach US$75.4 billion by 2022. A pick up

USD 1600 View Report

Global Duty Free Retailing Market Research Report 2019-2023

Duty-free shops (or stores) are retail outlets that are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be

USD 2850 View Report

Trends in Duty Free Retailing

Trends in Duty Free RetailingGlobal duty free sales are projected to register a CAGR of 7.1% over the next five years to reach US$75.4 billion by 2022. A pick up

USD 1600 View Report

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