Global Fashion Duty Free Retailing, 2017-2022_ Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape

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Rising Potential Of The Global Fashion Duty Free
Retailing (2017_2022) Market Outlook Ken
Research
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• 
  Summary
• The Global Fashion Duty Free Retailing,
  2017-2022, report published by Global Data,
  provides analysis of current and forecast market
  data for Fashion duty free retail sales Globally.
•  
• Global fashion duty free sales (includes duty
  free sales of clothing, footwear, and luggage and
  leather goods) reached US5.1 billion in 2017,
  growing at a CAGR of 7.2 during 2012-2017.
• Rising passenger traffic at major airports, new
  retail space openings, and more fashion brands
  expanding into the duty free channel are expected
  to fuel the growth over the next five years. The
  global fashion duty free market is forecast to
  grow at a healthy CAGR of 7.7 to reach US7.4
  billion in 2022, adding US2.3 billion in sales
  value.

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• Global Fashion
  Duty Free Retailing
• According to the report analysis, Global Fashion
  Duty Free Retailing suggests that global fashion
  duty free retail market is growing significantly
  due to rising passenger traffic at major
  airports, new retail space openings, and more
  fashion brands expanding into the duty free
  channel are expected to fuel the growth over the
  next five years.
• Moreover, the global fashion duty free market is
  forecast to grow at a healthy CAGR of 7.7 to
  reach USD 7.4 billion in 2022, adding USD 2.3
  billion in sales value. Whereas, duty free sales
  refers to that sales in which no tax and duty is
  charged by the seller from the end user of the
  goods and services. In addition, fashion duty
  free outlets are opened at airports for catering
  more and more international tourists and
  travelers.

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• Global Fashion
  Duty Free Retailing
• The fashion duty free retail shops are not opened
  in the malls or not available on the roads
  therefore, the duty free retail outlets are
  mostly found on the international airports where
  international and national tourist come in
  contact with retailers and on the sea ports.
• The goods which are sold on the outlets of duty
  free retails vary by jurisdiction, the process of
  refunding the duty component or the calculating
  the duty on the goods which are to be sold.
  Whereas, South Korea to retain its position as
  the largest duty free market through to 2022.
• Moreover, the new stores are going to open and
  new innovation can be done in the old processing
  units. Clothing, footwear, jewelry, watches and
  accessories, luggage and leather goods are the
  some essential goods which are sold on the duty
  free retail shops whereas, personal care is both
  largest and fastest growing product category in
  duty free sales.

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• Global Fashion Duty Free Retailing
• Burberry, Calvin Klein, Ralph Lauren, Hugo Boss,
  Tommy Hilfiger are the major key player of the
  duty free retail market. These are those key
  player who lead the global share in the market of
  luxury goods which also lead the growth of duty
  free products.
• With the existence of these key players the
  market of global fashion duty free retailing has
  become competitive and welcoming the new entrants
  which provide the financial support to this
  market. Therefore, the future of this market is
  expected to grow significantly in the coming
  years with the more innovation the luxury goods
  and development in the economy.

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• Browse Full Market Report
• Global Fashion Duty Free Retailing, 2017-2022
  Market Category Expenditure and Forecasts,
  Trends, and Competitive Landscape
• Related reports
• Global Fashion Duty Free Retailing Innovations
  Summary of Innovations in 2017
• Global Fashion Duty Free Retailing Sales Of
  Online Retailers Market Size, Growth And
  Forecast To 2020

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