Rising Potential Of The Global Fashion Duty Free Retailing (2017_2022) Market Outlook: Ken Research
Buy Now Global Fashion Duty Free Retailing According to the report analysis, Global Fashion Duty Free Retailing suggests that global fashion duty free retail market is growing significantly due to rising passenger traffic at major airports, new retail space openings, and more fashion brands expanding into the duty free channel are expected to fuel the growth over the next five years. Moreover, the global fashion duty free market is forecast to grow at a healthy CAGR of 7.7% to reach USD 7.4 billion in 2022, adding USD 2.3 billion in sales value. Whereas, duty free sales refer to that sale in which no tax and duty is charged by the seller from the end user of the goods and services. In addition, fashion duty free outlets are opened at airports for catering more and more international tourists and travelers. The Global fashion duty free retailing shops are not opened in the malls or not available on the roads therefore, the duty free retail outlets are mostly found...