Global airport retailing

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Global airport retailing

Abstract Global Airport Retailing Market: Overview Aviation industries not only depend on aeronautical business to generate targeted return on investments, but also a non-aeronautical business.

Owing to rising competition among global players for offering low airfares and diversifying sources for generation of revenue, the focus has shifted towards non-aeronautical sector for constant growth in this market.

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The non-aeronautical business includes advertisements, duty-free retail shops, catering services, restaurant bars cafeterias, and others. Aviation industries have realized the importance of retail business and consider it as the key contributor so Global airport retailing to sustain in the industries.

Global Airport Retailing Market: Growth Factors The global airport retailing market is experiencing significant growth owing to increasing budget of the aviation industries and air travelers, which in turn may foster the growth of the global market in the coming years.

In addition, expansion of multinational retailers and rising number of terminals are other factors that are expected to enhance the global airport retailing market. Increasing the disposable income of the population and availability of luxury products at affordable prices are also anticipated to fuel the global market growth in future.

Major factors driving the global airport retailing market are the growth of the tourism sector and availability of products at affordable prices.

Global airport retailing

Segmentation The global airport retailing market is categorized based on ownership, product type, store type, and geography. The ownership segment includes corporate chains, independent owners, and franchises.

The type segment comprises food and beverages, pharmacy products, electronic products, arts, and fashion and accessories. Further, the store type segment is fragmented as duty-free stores, supermarkets, independent stores and showroom, restaurants, and others.

Regional Analysis Europe is the largest market in the airport retailing market owing to immense growth opportunities in the airport retailing market.

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In addition, increasing investments for expansion of airport retailing along with growth in the tourism sector are expected to contribute to the global market growth in the next few years. The presence of affordable airfares also influences the global airport retailing market.

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Moreover, several new projects in pipeline sector that consist of the renovation of existing projects and expansion of new terminals may also impact the global market growth in a positive way.

Asia Pacific is also anticipated to witness considerable growth in the global airport retailing market. Increasing investment by the developing economies such as China and India over new terminals and expansion of the dedicated retail areas for attracting a large number of passengers also positively impacts the global market in this region.

ORGANISATIONAL AWARD CATEGORY

Regional Segment Analysis North America.Annual Report daa’s principal activities include the operation and management of Dublin and Cork airports, global airport retailing through our subsidiary ARI, and international aviation consultancy with daa International.

Airport Retailing Market is projected to expand at a significant rate in coming years; global airport retailing market can be segmented into supermarkets, specialty retailers, department store, and .

Global airport retailing market research report provides in-depth analysis of Retailing Opportunities, Operations, parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The worldwide Airport Retailing Market report contains the contact points of interest, a piece of the pie, and offers of the players, engaged with the worldwide market.

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Airport Retailing Market - Scope, Size, Share, Analysis by