MARKET INTRODUCTION

Duty-free liquor refers to the liquor products exempted from payment of national taxes and duties and other local taxes. Duty-free liquor is sold to consumers traveling internationally. Such shops or retail outlets are available at various channels such as cruise liners, airports, railway stations, and border, downtown, and hotel shops. People also buy liquor from duty-free stores to spend the surplus foreign currency before going back to their home country.

MARKET DYNAMICS

The duty-free liquor shops have become a favorite destination for traveling consumers who like to shop during their journey. This is mainly due to the elimination of local import tax or the duties implemented by the government bodies. These factors propel the growth of duty-free liquor market globally. Moreover, rapid growth in urbanization is projected to provide huge market opportunities for the key players in the market. However, stringent government rules for airport retailing are projected to hamper the overall growth of the duty-free liquor market.

MARKET SCOPE

The "Global Duty-Free Liquor Market Analysis to 2027" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the duty-free liquor market with detailed market segmentation by type, channel and geography. The global duty-free liquor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading duty-free liquor market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global duty-free liquor market is segmented on the basis of type and channel. On the basis of type, the duty-free liquor market is segmented into beer, wine, vodka, cognac, and whiskey. The duty-free liquor market on the basis of the channel is classified into cruise liners, airports, railway station, border, downtown & hotel shops.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global duty-free liquor market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The duty-free liquor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the duty-free liquor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the duty-free liquor market in these regions.

MARKET PLAYERS

The reports cover key developments in the duty-free liquor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from duty-free liquor market are anticipated to lucrative growth opportunities in the future with the rising demand for duty-free liquor in the global market. Below mentioned is the list of few companies engaged in the duty-free liquor market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the duty-free liquor market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- Accolade Wines
- BACARD?
- Brown-Forman
- Chivas Brothers(Pernod Ricard)
- Constellation Brands, Inc
- Diageo
- Glen Moray
- Heineken Holding NV. (Heineken N.V.)
- R?my Cointreau
- The Famous Grouse(The Edrington Group Limited)