Global Travel Retail Market Size & Outlook, 2025-2030
The global travel retail market size was estimated at USD 75,129.7 million in 2024 and is projected to reach USD 128,941.7 million by 2030, growing at a CAGR of 9.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$75,129.7
Forecast, 2030 (US$M)
$128,941.7
CAGR, 2025 - 2030
9.5%
Report Coverage
Worldwide
Global travel retail market, 2018-2030 (US$M)
Related Markets
Global travel retail market highlights
- The global travel retail market generated a revenue of USD 75.1 million in 2024 and is expected to reach USD 128.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.5% by 2030.
- In terms of segment, perfume & cosmetics accounted for a revenue of USD 81.9 million in 2024.
- Perfume & Cosmetics is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
Global data book summary
| Market revenue in 2024 | USD 75.1 million |
| Market revenue in 2030 | USD 128.9 million |
| Growth rate | 9.5% (CAGR from 2025 to 2030) |
| Largest segment | Perfume & cosmetics |
| Fastest growing segment | Perfume & Cosmetics |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Perfume & Cosmetics |
Other key industry trends
- In terms of revenue, the North America accounted for 12.5% of the global travel retail market in 2024.
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Travel Retail Market Scope
Travel retail market segmentation & scope
Others
Travel Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| King Power International Co.,Ltd. | View profile | 51-100 | Ratchathewi, Krung Thep, Thailand, Asia | https://www.kingpower.com |
| The Shilla Duty Free | View profile | 101-250 | Singapore, Central Region, Singapore, Asia | http://sg.shilladutyfree.com |
| gebr.heinemann | View profile | 5001-10000 | Hamburg, Hamburg, Germany, Europe | https://www.gebr-heinemann.de/en |
| China Tourism Group | View profile | 10001+ | Hong Kong, Hong Kong Island, Hong Kong, Asia | https://www.ctg.cn/en/ |
| Avolta AG ADR | View profile | 68459 | Brunngasslein 12, Basel, Switzerland, 4010 | https://www.avoltaworld.com |
| Duty Free Americas | View profile | 1001-5000 | Hollywood, Florida, United States, North America | http://www.DutyFreeAmericas.com |
| Aer Rianta International | View profile | 251-500 | Dublin, Dublin, Ireland, Europe | https://www.ari.ie/ |
| Lagardere Travel Retail | View profile | 10001+ | Paris, Ile-de-France, France, Europe | https://www.lagardere-tr.com/en/ |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192346 | 22, Avenue Montaigne, Paris, France, 75008 | https://www.lvmh.com |
Global travel retail market size, by regions, 2018-2030 (US$M)
Top 10 countries: Travel retail market size, 2024 (US$M)
Global travel retail market share, by product, 2024 & 2030 (%, US$M)
Travel retail market: Opportunity assessment by country
Global travel retail market, by region, 2024 (US$M)
Related statistics
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