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     101  0 Kommentare Airport Retailing Consumer Electronics Market to Grow at a 7.2% CAGR - Fact.MR Study

    Airport Retailing Consumer Electronics market in UAE to Surpass USD 139 Million by 2022

    Fact.MR's recently published report on the airport retailing consumer electronics market offers a comprehensive analysis of the leading segments in terms of product type, airport size, store location, channel & region. In addition, it provides in-depth information about the market dynamics, including drivers, restraints, latest trends, and growth opportunities.

    NEW YORK, Jan. 24, 2022 /PRNewswire/ -- The global airport retailing consumer electronics market is expected to increase at a CAGR of 7.2% from 2022 to 2032, from USD 1,880 million in 2022 to USD 3,780 million by 2032 end.

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    Travelers benefit from the ease of airport retailing because it is an immediately available choice. During the projected period of 2022-2032, the market valuation will increase by 2.1X due to an increase in the diversity of merchandises available, as well as an increase in the number of low-cost aircraft choices.

    Consumer electronics sold in airports have direct application in air travel environments. Furthermore, according to a poll conducted by Airport Council International, a growth of 8% to 10% in global aviation passenger traffic over the last five years is expected to generate profitable prospects for manufacturers. The aforementioned patterns indicate that this market has a good chance of doubling its current market value in the next ten years.

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    By the end of 2022, the United Arab Emirates is predicted to contribute 48% of sales in the MEA airport retailing consumer electronics market. With rising air traffic in developing countries, Asia Pacific and the Middle East and Africa (MEA) continue to be popular destinations for airport retailing consumer electronics retailers.

    Dufry AG, a Swiss travel retailer and a market leader in airport retailing consumer electronics, has won a new contract with Perth Airport Pty Ltd (PAPL) in Australia to manage a 2,300 m2 with two duty-free outlets. Significant investments in the company's travel retail locations at important airports in these countries, such as Sharjah International Airport, support the company's goal of establishing a stronger footprint in Asia, Eastern Europe, the Middle East, and Australia.

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    Airport Retailing Consumer Electronics Market to Grow at a 7.2% CAGR - Fact.MR Study Airport Retailing Consumer Electronics market in UAE to Surpass USD 139 Million by 2022 Fact.MR's recently published report on the airport retailing consumer electronics market offers a comprehensive analysis of the leading segments in terms …