Travel retail is the business undertaken in all the shops located in duty free areas or any areas dedicated to travellers.
Travel retail industry takes a beauty boost. By Andrew McDougall Andrew McDougall, 16-Feb-2011. The success of beauty and fragrance products in the travel industry looks set to continue and will urge retailers to change the way they approach the market, according to market research company Verdict. http://www.cosmeticsdesign-asia.com/Market-Trends/Travel-retail-industry-takes-a-beauty-boost. Breaking the travel retail industry. The plethora of brands and products vying for the attention of consumers in the airport shopping environment are a vibrant demonstration of the direction that the travel retail industry is taking. Now in its second year in the industry, Butterfly Twists is sold in more than 50 countries and on 40 airlines, and continues to grow internationally. It is listed in more than 80 points of sale in travel retail, and the brand works with the some of the world’s most progressive travel retailers – Gebr. Experiential travel (or immersion travel) is one of the major market trends in the modern tourism industry. It is an approach to travelling which focuses on experiencing a country, city or particular place by connecting to its history, people, food and culture. Tourism is travel for recreation, leisure, religious, family or business purposes, usually for a limited duration. Tourism is commonly associated with international travel, but may also refer to travel to another place within the same country. Retail is the process of selling consumer goods and/or services to customers through multiple channels of distribution to earn a profit. Demand is created through diverse target markets and promotional tactics, satisfying consumers' wants and needs through a lean supply chain.  “Travel retail” is a term that commonly refers to sales made in travel environments where customers require proof of travel to access the commercial area, but which are subject to taxes and duties. Duty free & travel retail generates vital revenues for the aviation, travel, tourism and maritime industries. Some jurisdictions (for example in non-EU Europe, Australasia, the Middle East and Latin America) offer travellers the opportunity to buy duty free goods on their arrival at their destination airport within the territory concerned. Duty free & travel retail main events. The international duty free & travel retail industry is served by several exhibitions and conferences focusing on the global or regional markets. Travel retail is the business undertaken in all the shops located in duty free areas or any areas dedicated to travellers. This market should double in the next ten years to reach 100 billion US $ (1) . With 30% of total sales, beauty-fragrances and cosmetics-are the best-selling products in this channel (2) . Find out more about the breakthrough of the travel retail business by distribution channel (3) . Euromonitor has the world’s most comprehensive research on the travel retail category within the travel and tourism industry. We monitor and analyse industry trends around the world, including in-depth data on market share and market size – from the “big picture” qualitative analysis; down to specific category data. The situation of travel retail did not improve in 2013 that witnessed a continuation of the changes that began to affect the whole category during the second half of the review period. Overall sales of travel retail dropped by 2% in current value in ... In travel retail, every category has distinct challenges, but the growth of the confectionery sector and the battle between brands for a presence in the crowded category is among the most discussed in the industry. Now in its second year in the industry, Butterfly Twists is sold in more than 50 countries and on 40 airlines, and continues to grow internationally. It is listed in more than 80 points of sale in travel retail, and the brand works with the some of the world’s most progressive travel retailers – Gebr. Travel Retail in Sweden. According to a survey undertaken by the travel agent Ticket in December 2013, 52% of respondents prefer to design and tailor their holidays themselves, while 48% of respondents prefer the package holiday alternative. Ticket is not surprised by the ... The situation of travel retail did not improve in 2013 that witnessed a continuation of the changes that began to affect the whole category during the second half of the review period. Overall sales of travel retail dropped by 2% in current value in ...
http://www.cosmeticsdesign-asia.com/Market-Trends/Travel-retail-industry-takes-a-beauty-boost http://www.airport-business.com/2014/12/breaking-travel-retail-industry/ https://en.wikipedia.org/wiki/Travel_industry https://en.wikipedia.org/wiki/Retail http://www.aptra.asia/what-is-duty-free-travel-retail/ http://www.tfwa.com/duty_free/Duty-free-travel-retail-main-events.29.0.html http://magazine.loreal-finance.com/en/travel-retail-loreals-sixth-continent.htm http://www.euromonitor.com/travel-retail http://www.airport-business.com/2014/12/breaking-travel-retail-industry/ http://www.euromonitor.com/travel-retail
what is travel retail industry