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Luxury Goods Segment to Exhibit Highest Growth in the Global Travel Retail Market to 2027

Dublin, Oct. 31, 2023 (GLOBE NEWSWIRE) The "Global Travel Retail Market (by Product Type, Sale Channel, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)" report has been added to ResearchAndMarkets.com's offering. The global travel retail market is poised for significant growth, with a projected value of US$75.93 billion by 2023, representing a robust compound annual growth rate (CAGR) of 17.37% during the forecast period from 2022 to 2027. Travel retail refers t ....

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Travel Retail Market to Reach $187.1 Billion, at 9.6% CAGR, Globally, by 2031: Allied Market Research

The global travel retail market is boosted by factors such as an increase in the demand for luxury goods among travelers, the expansion of the travel and tourism industry, and an increase in the sale of duty-free products.Wilmington, Delaware, Oct. 30, 2023 (GLOBE NEWSWIRE) Allied Market Research published a report, titled, "Travel retail Market by Product Type (Perfume & Cosmetics; Electronics; Wine & Spirits; Food, Confectionery, & Catering; Tobacco; Luxury Goods; and Others), and Sales Cha ....

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