{"product_id":"asia-pacific-apac-duty-free-retailing-market-size-sector-analysis-tourism-landscape-trends-and-opportunities-innovations-key-players-and-forecast-to-2026","title":"Asia-Pacific (APAC) Duty-Free Retailing Market Size, Sector Analysis, Tourism Landscape, Trends and Opportunities, Innovations, Key Players and Forecast to 2026","description":"\u003cp\u003eAsia-Pacific (APAC) Duty-Free Retailing Market Size, Sector Analysis, Tourism Landscape, Trends and Opportunities, Innovations, Key Players and Forecast to 2026\u003cbr\u003e\nSummary\u003c\/p\u003e\n\n\u003cp\u003eThis report provides an overview of the Asia-Pacific duty-free retailing which includes Market \u0026amp; Category Expenditure and Forecasts, Trends, and Competitive Landscape\u003c\/p\u003e\n\n\u003cp\u003eAsia-Pacific duty-free market is expected to register promising growth between 2023-2027, fueled by rising income levels and a rise in international travelers\u003c\/p\u003e\n\n\u003cp\u003eChina is the leading duty-free market in the Asia-Pacific region but is expected to be surpassed by South Korea by 2026\u003c\/p\u003e\n\n\u003cp\u003eDuty-free players are prioritizing holistic travel experiences for customers\u003c\/p\u003e \n\n\u003cp\u003eTechnology will play an important role\u003c\/p\u003e\n\n\u003cp\u003eGrowing focus on sustainability\u003c\/p\u003e\n\n\u003cp\u003eKey Highlights\u003c\/p\u003e\n\n\u003cp\u003eThe duty-free market in the Asia-Pacific region showed strong growth of 81.9% in 2022, growing from $18.0 bn in 2021 to $32.7 bn in 2022. The region benefited from a surge in the number of international travelers as restrictions on travel were lifted. \u003cbr\u003e\nThe duty-free market in the Asia-Pacific region is witnessing difficulties due to the re-emergence of COVID-19 cases in some parts of the region, high levels of inflation, and uncertainties due to the indirect impact of the Ukraine-Russia conflict. \u003cbr\u003e\nKey players in this market are focusing on expanding their offerings from regular duty-free products to more holistic customer experiences. \u003cbr\u003e\nThe future of the Asia-Pacific duty-free retail sector is being shaped by the adoption of technology, the inclusion of online shopping, mobile payments, and digital marketing. These initiatives are enabling businesses to connect with customers and improve the shopping experience.\u003c\/p\u003e\n\n\u003cp\u003eReasons to BuyGain a comprehensive knowledge on Asia-Pacific Duty Free market and develop a competitive advantageInvestigate current trends in the Asia-Pacific duty free market to identify the best opportunities to exploit Analysis of key duty free players operating in Asia-Pacific regionExplore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the key consumer and technology trends influencing the duty free market in Asia-Pacific regionAnalyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behaviorAnalysis of key international players operating in Asia-Pacific Duty Fee retail market — including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share\u003c\/p\u003e","brand":"Travel \u0026 Leisure","offers":[{"title":"May, 2023 \/ 101 Pages \/ MCW16196147","offer_id":47553665171762,"sku":null,"price":2340.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/asia-pacific-apac-duty-free-retailing-market-size-sector-analysis-tourism-landscape-trends-and-opportunities-innovations-key-players-and-forecast-to-2026","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}