Airport Retailing Consumer Electronics Market to Grow at a 7.2% CAGR - Fact.MR Study - Seite 2

Aero cities are expected to give the highest absolute dollar opportunity among the major store locations linked with airport retailing consumer electronics industry (Pre-security (Landslide), Post-security (Airside), and Aero Cities) during the forecast period of 2022-2032. The current transition pattern followed by the bulk of high-air-passenger-traffic airports such as Seoul Incheon, Singapore Changi, Dubai International, Shanghai Pudong, and Beijing Capital is a factor worth considering.

Report Attribute

Details

Market Size Value in 2021

USD 1,820 Million

Market Value Estimated in 2022

USD 1,880 Million

Market Value Forecast in 2032

USD 3,780 Million

Global Growth Rate (2022-2032)

CAGR 7.2%

Key Takeaways:

• Airport retailing consumer electronics market in United Arab Emirates is expected to expand with a growth rate of 8.3% by 2032.
• Demand for airport retailing consumer electronics in aero cities to reach market value of USD 1,618 Million by 2032.
• Airport retailing consumer electronics demand grew at a CAGR of 6.1% during the last decade.

Growth Drivers:

• Growing trend from normal airports to resembled miniature cities as 'aerotropolis' to spur the revenue of airport retailing consumer electronics.
• Airport retailing is an easily accessible option for travelers which is expected to propel the market demand.
• Large and busy airports to create lucrative growth opportunities for airport retailing consumer electronics market.

To learn more about Airport Retailing Consumer Electronics Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=2218