Market Trends of Middle East and Africa Travel Retail Industry
This section covers the major market trends shaping the MEA Travel Retail Market according to our research experts:
The UAE has been Playing a Key Role in Attracting More Customers and thus Recording Year-on-Year Revenues
The majority of the Middle Eastern airports have been a part of the top international thus helping the travel retail market in high revenue generation. Of many, Dubai is the number one airport in terms of international traffic and is offering extra lavish premises and a wide range of products to the travelers which thus helping the market in attracting more customers year on year. These international hubs are welcome a significant number of global shoppers, for instance, Dubai is the third airport in EMEA in terms of Chinese passengers, and the number of travelers from China to Doha has grown largely during the study period.
Beauty Products, Jewellery, Fashion and Accessories are Faster Developing Segments in the Market
Beauty products, Cosmetics, Jewellery, have been the largest contributing product category to the total sales recorded in the market followed by other products such as perfumes, liquor, and tobacco. Gold and precious gems have also been one of the well-performing market segments in the Middle Eastern market owing to the various designs of jewelry that is offered to the customers. Beauty products and perfumes have also recorded strong demand during the study period and are among the products which have a greater number of sales transactions in the market.
