Duty-Free liquor Market size was valued at US$ 8.56 Bn in 2021 and the total revenue is expected to grow at 10.80% through 2022 to 2029, reaching nearly US$ 19.44 Bn.

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Jul 14, 2023 • 3 min read

Duty-Free Liquor Market Overview

Maximize Market research, a global Healthcare market research firm, has market research report on " Duty-Free Liquor Market. The report on Duty-Free Liquor Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges opportunities for Duty-Free Liquor Market growth.

Duty-Free Liquor Market Report Scope and Research Methodology

Duty-Free Liquor Market Analysis used both primary and secondary research techniques. Through surveys, interviews, and market observations, primary research entailed the direct acquisition of data from the marketplace. In secondary research, information was gathered from published sources such news stories, company websites, and industry studies.

The industry's competition, which includes market leaders, imitators, and newcomers, is thoroughly studied. The important figures obtained at following thorough Duty-Free Liquor analysis were confirmed and verified through extensive primary research. Market engineering, market forecasting, market breakdown, and data triangulation are all examples of market statistics calculations. The company's annual reports, articles, paid and free databases, etc. were used to gather the secondary data. calculating the regional

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Duty-Free Liquor Market Regional Insights

The research offers a thorough examination of the growth factors, obstacles, outlook, and competitive environment in every region. North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa are the geographical regions into which the market is divided. The research also lists the top nations in each area and projects their respective markets.

Duty-Free Liquor Market Segmentation

The segment is divided into Beer, Wine, Vodka, Cognac, and Whiskey according to Type. With a CAGR of 12.20% during the anticipated period, the Whiskey category will continue to dominate the market. The duty-free liquor market size was dominated by the whiskey segment. due to a rise in consumers that are based all over the world. Whiskey is often seen as a high-end product and a sign of elegance.

The segment is broken down by distribution channel into cruise ship, airport, railway station, border, downtown, and hotel shops. With a CAGR of 12.000% throughout the predicted period, the airport segment has experienced the fastest increase. In 2021, the airport category received the largest share. due to the ongoing expansion of aviation and air travel worldwide. Another important reason driving the expansion of the duty-free liquor market is the tourism sector.

Duty-Free Liquor Market Size, by Type (2021-2029)

• Beer
• Wine
• Vodka
• Cognac
• Whiskey

Duty-Free Liquor Market Size, by Distribution Channel (2021-2029)
• Cruise Liner
• Airport
• Railway Station
• Border
• Downtown
• Hotel Shop

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Duty-Free Liquor Market Key Players

• Brown Forman
• Erdington
• Bacardi
• Heineken
• Glen Moray
• Accolade Wines
• Constellation Brand Inc.
• Remy Cointreau
• Pernod
• Richard
• Diageo
• The Famous Grouse

Important inquiries addressed in the Duty-Free Liquor Market are:

What is Duty-Free Liquor ?
What are the global trends in the Duty-Free Liquor Market?
What was the Duty-Free Liquor Total Market size in 2022?
What is expected Duty-Free Liquor Market size by 2029?
Who held the largest market share in Duty-Free Liquor Market?
Who are the leading companies and what are their portfolios in Duty-Free Liquor Market?
What are the major challenges that the Duty-Free Liquor Industry could face in the future?

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Key Offerings:

Past Market Size and Competitive Landscape (2017 to 2021)
Past Pricing and price curve by region (2017 to 2021)
Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2022−2029
Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis

About Maximize Market Research:

A versatile market research and consulting firm, Maximize Market Research employs experts from several sectors. Medical device manufacturers, pharmaceutical companies, science and engineering, electronic components, industrial equipment, technology and communication, automobiles, chemical goods and substances, general merchandise, alcoholic beverages, personal care products, and automated systems are a few of the industries we cover. To name a few, we offer client impact studies, technical trend analysis, critical market research, competitive analysis, production and demand analysis, and market-verified industry estimations.

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