Development of travel & tourism industry, rapid growth in urbanization, and rise in disposable income is anticipated to drive the global duty-free liquor market. However, stringent government rules, particularly for airport retailing is anticipated to hinder the growth of the industry during the forecast period. “Duty-Free Liquor Market by Type, and Channel: Opportunity Analysis and Industry …
Tag Archives: Duty-Free Liquor
Duty-Free Liquor Market is Predicted to Grow at a Significant CAGR of 11.10% by 2027 | Diageo, Erdington, Bacardi, Heineken
According to a new report published by Allied Market Research, titled, “Duty-Free Liquor Market by Type, and Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the duty-free liquor market size was valued at $2.8 billion in 2018, and is projected to reach $3.7 billion in 2026, registering a CAGR of 9.4% from 2019 to 2026. The …