Short Description
Middle East and Africa Travel Beauty Retail Market, By Product (Skin Care, Fragrances, Make-up, Hair Care, and Others), Distribution Channel (Airports, Airlines, Ferries, and Other Channels), Country (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel and the Rest of the Middle East and Africa), Industry Trends and Forecast to 2029
Market Definition
Travel retail, also called duty-free, is a sales procedure comprising the commercialization of the goods relating to the various product categories. This sales channel comprises the goods that have not had the taxation and excise applied on their sale price and for sales to travelers. Travel retail is a retailing channel, providing products to international travelers. It is an important source of income and has several marketing prospects.
Market Segmentation
The Middle East and Africa travel beauty retail market is segmented into two notable segments based on product, and distribution channel.
On the basis of product, the Middle East and Africa travel beauty retail market is segmented into skin care, fragrances, make-up, hair care, and others
On the basis of by distribution channel, the Middle East and Africa travel beauty retail market is segmented into airports, airlines, ferries, and other channels
Market Players
Some of the key market players in the Middle East and Africa travel beauty retail market are listed below:
Duty Free Americas, Inc
Aer Rianta International
DFS Group Ltd
Gebr. Heinemann SE & Co. KG
Dubai Duty Free
DUFRY
Lagardre Travel Retail
Shiseido Company, Limited
TABLE OF CONTENTS
1 INTRODUCTION 25
1.1 OBJECTIVES OF THE STUDY 25
1.2 MARKET DEFINITION 25
1.3 OVERVIEW OF MIDDLE EAST & AFRICA TRAVEL BEAUTY RETAIL MARKET 25
1.4 LIMITATIONS 27
1.5 MARKETS COVERED 27
2 MARKET SEGMENTATION 31
2.1 MARKETS COVERED 31
2.2 GEOGRAPHICAL SCOPE 32
2.3 YEARS CONSIDERED FOR THE STUDY 33
2.4 CURRENCY AND PRICING 33
2.5 DBMR TRIPOD DATA VALIDATION MODEL 33
2.6 PRODUCT LIFE LINE CURVE 37
2.7 MULTIVARIATE MODELING 38
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 39
2.9 DBMR MARKET POSITION GRID 40
2.10 DBMR MARKET CHALLENGE MATRIX 41
2.11 DBMR VENDOR SHARE ANALYSIS 42
2.12 IMPORT-EXPORT DATA 43
2.13 SECONDARY SOURCES 44
2.14 ASSUMPTIONS 44
3 EXECUTIVE SUMMARY 45
4 PREMIUM INSIGHTS 48
4.1 TRAVEL RETAIL STRATEGIES 49
4.1.1 DIGITAL TRANSFORMATION 49
4.1.2 VIRTUAL REALITY 49
4.1.3 CONTACTLESS PAYMENT OPTIONS 49
4.1.4 SUPER APPS 49
4.2 PESTLE ANALYSIS 50
4.2.1 POLITICAL FACTORS: 50
4.2.2 ECONOMIC FACTORS: 50
4.2.3 SOCIAL FACTORS: 50
4.2.4 TECHNOLOGICAL FACTORS: 50
4.2.5 LEGAL FACTORS: 50
4.2.6 ENVIRONMENTAL FACTORS: 50
4.3 PORTER'S FIVE FORCES: 51
4.3.1 THE THREAT OF NEW ENTRANTS: 51
4.3.2 THE THREAT OF SUBSTITUTES: 51
4.3.3 CUSTOMER BARGAINING POWER: 52
4.3.4 SUPPLIER BARGAINING POWER: 52
4.3.5 INTERNAL COMPETITION (RIVALRY): 52
4.4 CONSUMER BEHAVIOUR PATTERN 53
4.4.1 COMPLEX BUYING BEHAVIOR 53
4.4.2 VARIETY-SEEKING BUYING BEHAVIOR 53
4.4.3 DISSONANCE-REDUCING BUYING BEHAVIOR 54
4.4.4 HABITUAL BUYING BEHAVIOR 54
4.5 STRATEGIES ADOPTED BY MANUFACTURERS: 54
4.5.1 PARTNERSHIPS 54
4.5.2 FOCUS ON IMPULSIVE BUYING 54
4.6 IMPORTANT FACTORS THAT INFLUENCE THE BUYING DECISION 55
4.6.1 ECONOMIC FACTOR 55
4.6.2 FUNCTIONAL FACTOR 55
4.6.3 MARKETING MIX FACTORS 55
4.6.4 PERSONAL FACTORS 55
4.6.5 PSYCHOLOGICAL FACTOR 55
4.6.6 SOCIAL FACTORS 55
4.6.7 CULTURAL FACTORS 55
5 REGIONAL SUMMARY 56
5.1 MIDDLE EAST & AFRICA 56
5.2 ASIA-PACIFIC 56
5.3 EUROPE 56
5.4 NORTH AMERICA 57
5.5 MIDDLE EAST AND AFRICA 57
5.6 SOUTH AMERICA 57
6 MARKET OVERVIEW 58
6.1 DRIVERS 60
6.1.1 RISING POPULARITY OF TRAVEL AND TOURISM 60
6.1.2 INCREASING NUMBER OF MILLENNIAL POPULATION 60
6.1.3 SHIFTING CONSUMER PREFERENCE TOWARD LUXURY AND PREMIUM BEAUTY PRODUCTS 61
6.1.4 GROWING NUMBER OF RETAIL STORES OFFERING DUTY-FREE PRODUCTS 61
6.2 RESTRAINTS 62
6.2.1 STRINGENT GOVERNMENT GUIDELINES TOWARDS AIRPORT RETAILING 62
6.2.2 LACK OF PROMOTIONAL CAMPAIGNS 62
6.2.3 CHAOS IN LOCAL MARKET 63
6.3 OPPORTUNITIES 63
6.3.1 INCREASING COLLABORATIVE PARTNERSHIP BETWEEN LUXURIOUS AND PREMIUM BRANDS 63
6.3.2 RISING INTERNATIONAL TOURISM 63
6.3.3 GROWING USAGES OF NATURAL INGREDIENT BASED BEAUTY PRODUCTS 64
6.4 CHALLENGES 65
6.4.1 STRINGENT GOVERNMENT POLICIES FOR SETTING UP AN OUTLET AT TRAVEL TERMINALS 65
6.4.2 LACK OF AWARENESS REGARDING TRAVEL RETAIL 65
7 IMPACT OF COVID-19 ON THE MIDDLE EAST & AFRICA TRAVEL BEAUTY RETAIL MARKET 66
7.1 INTRODUCTION 66
7.2 AFTERMATH OF COVID-19 AND THE GOVERNMENT INITIATIVE TO BOOST THE MARKET 66
7.3 STRATEGIC DECISIONS OF MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 66
7.4 IMPACT ON PRICE 67
7.5 IMPACT ON DEMAND 67
7.6 IMPACT ON SUPPLY CHAIN 67
7.7 CONCLUSION 67
8 MIDDLE EAST & AFRICA TRAVEL BEAUTY RETAIL MARKET, BY PRODUCT 68
8.1 OVERVIEW 69
8.2 SKIN CARE 70
8.2.1 MASKS 71
8.2.2 CLEANSING CREAM 71
8.2.3 MOISTURIZERS 71
8.2.4 SUNSCREENS 71
8.2.5 TONER 71
8.2.6 FACIAL REMOVER 71
8.2.7 DAY CREAM 72
8.2.8 NIGHT SERUM 72
8.2.9 BODY LOTIONS 72
8.2.10 BODY WASH 72
8.2.11 HAND & FOOT CREAMS 72
8.2.12 OTHERS 72
8.3 PERFUMES 72
8.4 MAKE UP 73
8.4.1 FOUNDATION 74
8.4.2 EYE SHADOWS 74
8.4.3 MASCARA 74
8.4.4 BRONZER 74
8.4.5 BLUSH 74
8.4.6 OTHERS 74
8.5 HAIR CARE 74
8.5.1 SHAMPOO 75
8.5.2 CONDITIONERS 75
8.5.3 HAIR COLOR 75
8.5.3.1 HAIR COLOR, BY TYPE 76
8.5.3.1.1 HAIR DYES & COLORS 76
8.5.3.1.2 HAIR TINTS 76
8.5.3.1.3 HAIR BLEACHES 76
8.5.3.1.4 OTHERS 76
8.5.3.2 HAIR COLOR, BY HAIR TYPE 76
8.5.3.2.1 NORMAL 77
8.5.3.2.2 DRY 77
8.5.3.2.3 OILY 77
8.5.3.2.4 OTHERS 77
8.5.4 SERUM 77
8.5.5 SPRAYS 77
8.5.6 OIL 77
8.5.7 OTHERS 77
8.6 OTHERS 78
9 MIDDLE EAST & AFRICA TRAVEL BEAUTY RETAIL MARKET, BY DISTRIBUTION CHANNEL 79
9.1 OVERVIEW 80
9.2 AIRPORTS 81
9.3 AIRLINES 82
9.4 FERRIES 82
9.5 OTHER CHANNELS 83
10 MIDDLE EAST & AFRICA TRAVEL BEAUTY RETAIL MARKET, BY REGION 84
10.1 MIDDLE EAST AND AFRICA 85
10.1.1 UNITED ARAB EMIRATES 92
10.1.2 SAUDI ARABIA 95
10.1.3 SOUTH AFRICA 98
10.1.4 ISRAEL 101
10.1.5 EGYPT 104
10.1.6 REST OF MIDDLE EAST AND AFRICA 107
11 MIDDLE EAST & AFRICA TRAVEL BEAUTY RETAIL MARKET: COMPANY LANDSCAPE 108
11.1 COMPANY SHARE ANALYSIS: MIDDLE EAST & AFRICA 108
11.2 MERGERS & ACQUISITIONS 109
11.3 EXPANSION 110
12 SWOT ANALYSIS 111
13 COMPANY PROFILE 112
13.1 DUFRY 112
13.1.1 COMPANY SNAPSHOT 112
13.1.2 REVENUE ANALYSIS 113
13.1.3 COMPANY SHARE ANALYSIS 113
13.1.4 PRODUCT PORTFOLIO 114
13.1.5 RECENT UPDATE 114
13.2 LOTTE DUTY FREE 115
13.2.1 COMPANY SNAPSHOT 115
13.2.2 COMPANY SHARE ANALYSIS 115
13.2.3 PRODUCT PORTFOLIO 116
13.2.4 RECENT UPDATE 116
13.3 THE SHILLA DUTY FREE 117
13.3.1 COMPANY SNAPSHOT 117
13.3.2 COMPANY SHARE ANALYSIS 117
13.3.3 PRODUCT PORTFOLIO 118
13.3.4 RECENT UPDATE 118
13.4 CHINA DUTY FREE GROUP CO LTD 119
13.4.1 COMPANY SNAPSHOT 119
13.4.2 COMPANY SHARE ANALYSIS 119
13.4.3 PRODUCT PORTFOLIO 120
13.4.4 RECENT UPDATE 120
13.5 LAGARDERE TRAVEL RETAIL 121
13.5.1 COMPANY SNAPSHOT 121
13.5.2 COMPANY SHARE ANALYSIS 121
13.5.3 PRODUCT PORTFOLIO 122
13.5.4 RECENT UPDATE 122
13.6 DFS GROUP LTD 123
13.6.1 PRODUCT PORTFOLIO 123
13.6.2 PRODUCT PORTFOLIO 123
13.6.3 RECENT UPDATE 123
13.7 GEBR HEINEMANN SE&CO.KG 124
13.7.1 RECENT UPDATE 124
13.7.2 PRODUCT PORTFOLIO 124
13.7.3 RECENT UPDATE 125
13.8 SHISEIDO COMPANY LIMITED 126
13.8.1 COMPANY SNAPSHOT 126
13.8.2 PRODUCT PORTFOLIO 126
13.8.3 RECENT UPDATE 127
13.9 KING POWER INTERNATIONAL 128
13.9.1 COMPANY SNAPSHOT 128
13.9.2 PRODUCT PORTFOLIO 128
13.9.3 RECENT UPDATE 128
13.10 DUBAIDUTYFREE 129
13.10.1 COMPANY SNAPSHOT 129
13.10.2 PRODUCT PORTFOLIO 129
13.10.3 RECENT UPDATE 129
13.11 DUTY FREE AMERICAS,INC 130
13.11.1 PRODUCT PORTFOLIO 130
13.11.2 PRODUCT PORTFOLIO 130
13.11.3 RECENT UPDATE 131
13.12 AER RAINTA INTERNATIONAL 132
13.12.1 PRODUCT PORTFOLIO 132
13.12.2 PRODUCT PORTFOLIO 132
13.12.3 RECENT UPDATE 132
13.13 DELHI DUTY FREE 133
13.13.1 PRODUCT PORTFOLIO 133
13.13.2 PRODUCT PORTFOLIO 133
13.13.3 RECENT UPDATE 134
13.14 SKY CONNECTION LIMITED 135
13.14.1 COMPANY SNAPSHOT 135
13.14.2 PRODUCT PORTFOLIO 135
13.14.3 RECENT UPDATE 135
14 QUESTIONNAIRE 136
15 RELATED REPORT 139