The Report “Russia & CIS Airport Retailing Market By Category (Liquor & Tobacco, Perfumes & Cosmetics, Fashion, Food & Confectionery), By Type (Direct Retailer, Department Store, Specialty Retailer, Supermarkets), By Airport Size, and By Geography - Analysis & Forecast to 2020 ” is estimated to reach $3.48 billion by 2020, at a CAGR of 17.3% from 2015 to 2020.
Browse through the TOC of the Russia & CIS Airport Retailing Market for an analysis of industry trends and segments, with the help of various tables and figures.
Early buyers will receive 10% customization on this report
The economy of Russia and the CIS countries has been decelerating due to the falling energy and commodity prices. As leading oil exporters, the economy of these countries are affected by the falling oil prices. Despite the continuing economic and social concerns in the region, these countries have shown a moderate rise in international passenger traffic due to devaluation of the ruble and other CIS currencies. Other factors driving the Russia & CIS airport retailing market in recent years are steep fall in jet fuel prices and increased investments in airport developments.
The top 50 airports of Russia have recorded passenger traffic of more than 148 million and have grown by 12.1% in 2014. In addition, major airports in Russia, such as Moscow Domodedovo Airport and Sheremetyevo International Airport, have experienced a double-digit growth of over 30.0% in 2014. The proportion of the duty-free airport retailing market in Russia & CIS accounted for more than 5.0% of the global duty-free airport retailing market in 2015. The market in Russia & CIS grew by 17.0% in 2014, in comparison to 2013.
Various advanced technologies, such as digital platforms duty-free shopping apps (to utilize free time at the airport); growth in the number of international passengers; and renovation of airports are driving growth of the airport retailing market. In Russia and the CIS countries, devaluation of the currencies, steep fall in oil prices, and heavy investments in airport developments are encouraging the market for airport retailing.
MicroMarketMonitor broadly segments the Russia & CIS airport retailing market by category into liquor & tobacco, perfumes & cosmetics, fashion & accessories, food & confectionery, and others; by type into direct retailer, department store, specialty retailer, and supermarket; by airport size into large, medium, and small; and by geography into Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Contact:
Mr. Priyank Tiwari
UNIT no 802, Tower No. 7, SEZ
Magarpatta City, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-502-0539
Email: sales@micromarketmonitor.com
