Generation Research Travel Retail 2017 at Traveling

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Generation Research Travel Retail 2017. The global travel retail market size is expected to reach $145.0 billion by 2028, registering a cagr of 14.9% during the forecast period. Generation research possesses the world's largest data bank of duty free and travel retail statistics.

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Ferries accounted for a slightly smaller amount of sales by volume, at us$2.2 billion, but recorded +8.6% growth. Writing reviews on retailer websites. Gen zs will also tell you what they think.

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Today it stands at nearly $70 billion. The global travel retail market, encompassing airports, ‘downtown’ stores and cruise ships, is expected to reach $85 billion by 2020, up from approximately $70 billion in 2017, according to generation research. Gen x, and baby boomers. Substantial development of the travel & tourism sector, including medical tourism, fosters the demand for travel retail services.