Also, waiting hours at airports are being utilized for duty-free shopping, which in turn boost revenues for airports and retailing companies. In recent years, duty-free shopping has gone through an evolution. While it was earlier known for its saving proposition, it has now become a luxury experience for travelers. Over time, this business has become a necessity for airports to maximize their overall revenue and profitability.
Download PDF Brochure @ http://www.micromarketmonitor.com/contact/9445687707-download_pdf_brochure.html
Devaluation of currencies, steep fall in jet fuel prices, and investments in airports are major drivers for the Russia & CIS airport retailing market for the coming years. Also, various technological developments in airport retailing would help strengthen the relationship with customers and enhance the overall shopping experience. Retailers and airports are implementing various promotional activities, such as events, marketing campaign, and offers to attract large customer base.
Speak to Analyst @ http://www.micromarketmonitor.com/contact/9445687707-speak_to_analyst.html
The Russia & CIS airport retailing market report covers various product categories, different types of retailers, and airport sizes. The market size for Russia & CIS airport retailing is calculated by summing up the categories, such as liquor & tobacco, perfumes & cosmetics, fashion & accessories, food & confectionery, and others. Likewise, the market is derived by calculating airport retail revenues from different types of airports on the basis on size, such as large, medium, and small.
The major players in the Russia & CIS airport retailing market are Dufry, Gebr. Heinemann, Baltona Duty Free, RegStaer Duty Free, and Le Bridge Duty Free. This research report provides an overview, market study, and segmentation based on various technologies, applications, regions, and verticals for the Russia & CIS airport retailing market. Furthermore, the report gives detailed analysis on global trends and forecasts, competitive landscape, and analysis on VC and M&A related to the Russia & CIS airport retailing market.
In terms of regional adoption, Russia is expected to contribute the largest market share followed by Ukraine. However, the ongoing conflict between Russia and Ukraine would be one of the major challenges for both the governments to encourage more international travellers. Therefore, impartiality of the judiciary, genuine opening to foreign investments, and privatization of state-owned companies are equally necessary to help various businesses to grow in this region.
