Founded in 1947, the Tax-Free & Duty-Free channel has evolved into the global Travel Retail industry servicing more than 4 billion travellers spending a combined USD 86 billion in 2019. With an annual 8% CAGR, Travel Retail is considered one of the fastest growing retail channels.
We track critical consumer trends that will shape Travel Retail in the coming years, such as sustainability, personalisation, digitalisation, experience-driven offerings, and catering to Gen Z.
We curate product portfolios specifically tailored to these trends, targeting consumers travelling via airports and onboard airlines and cruises.