The Duty Free Retailing Market, estimated at USD 49.89 Bn in 2025, is expected to exhibit a CAGR of 8.6% and reach USD 88.88 Bn by 2032.
The Consumer Goods sector remains a vital driver of global growth, as organizations respond to evolving consumer expectations with sustainable practices, ethical production, and innovative product development. At the same time, advances in e-commerce, digital transformation, and supply chain optimization are reshaping the industry landscape, enhancing competitiveness, and unlocking new opportunities for long-term growth and collaboration.
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https://www.coherentmarketinsights.com/market-insight/duty-free-retailing-market-2567
Browse 24 market data tables* and 12 figures* on "Duty Free Retailing Market” - Global forecast to 2032.
Key Trends and Analysis of the Duty Free Retailing Market:
- Several companies are partnering with duty free stores to launch their limited or exclusive products, which in turn is driving the market growth. For instance, in February 2025, Lindt, a Switzerland-based chocolate manufacturer, launched three new limited edition chocolates exclusively for Dufry. The new chocolates will be at all Dufry stores of major airports in Brazil. In January 2025, the two companies partnered again to launch Lindt’s limited edition Pistachio flavor chocolates made exclusively for Dufry. The product will be available at all Dufry duty free stores.
Key Takeaways of the Market:
- Among product type, wines and spirits segment is expected to gain major traction in forecast period. For instance, according to report ‘Inflight Duty & Tax Free Retail Study 2025, published by Tax Free World Association in October 2025, alcohol category accounted for the highest market share in 2025, equaling to 46%, beauty products accounted for 37%, confectionary products 28%, and Souvenirs 22%.
- Report also states that inflight duty free retiling (airlines sales channels) is more beneficial over other sales channels. Report states that 46% buyers feel it is more convenient to buy goods by inflight mode than buying them at retail stores. 28% buyers feel inflight purchases are better as buyer does not need to stand in the queue.
- Asia Pacific is expected to hold a significant market share in the forecast period. Key players are focused on opening new duty free stores in the region. For instance, in March 2025, Dufry AG revived a five-year contract for duty free stores in Hong Kong’s new railway station, serving the High Speed Rail connecting to Mainland China. The store development includes a ‘Departures shop’ covering 1,200 sq mt and an ‘Arrivals shop’ of 300 sq mt.
- Furthermore, in 2025, LOTTE Duty Free Company acquired JR Duty Free’s business in Australia and the New Zealand. Under this deal, LOTTE Duty Free Company acquired four stores in Australia and one in the New Zealand. This marked LOTTE Duty Free Company’s entry in Asian market and is expected to help the company to expand its presence in the region.
- Major players operating in the global duty free retailing market include Dufry AG, LOTTE Duty Free Company, DFS Group Limited, Gebr. Heinemann SE & Co. KG, The Shilla Duty Free, The King Power International Group, James Richardson Corporation Pty Ltd., Duty Free Americas, Inc., Flemingo International Ltd., Dubai Duty Free, and China Duty Free Group Co., Ltd.
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