Europe Travel Retail Market Size & Outlook, 2025-2030
The travel retail market in Europe is expected to reach a projected revenue of US$ 33.3 million by 2030. A compound annual growth rate of 9.4% is expected of Europe travel retail market from 2025 to 2030.
Revenue, 2024 (US$M)
$19.5
Forecast, 2030 (US$M)
$33.3
CAGR, 2025 - 2030
9.4%
Report Coverage
Europe
Global Market
Related Markets
Europe travel retail market highlights
- The Europe travel retail market generated a revenue of USD 19.5 million in 2024.
- The market is expected to grow at a CAGR of 9.4% from 2025 to 2030.
- In terms of segment, perfume & cosmetics was the largest revenue generating product in 2024.
- Perfume & Cosmetics is the most lucrative product segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2024 | USD 19.5 million |
| Market revenue in 2030 | USD 33.3 million |
| Growth rate | 9.4% (CAGR from 2025 to 2030) |
| Largest segment | Perfume & cosmetics |
| Fastest growing segment | Perfume & Cosmetics |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Perfume & Cosmetics |
| Key market players worldwide | Avolta AG ADR, Lagardere Travel Retail, China Tourism Group, Lvmh Moet Hennessy Louis Vuitton SE, gebr.heinemann, The Shilla Duty Free, King Power International Co.,Ltd., Aer Rianta International, Duty Free Americas |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.0% of the global travel retail market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 71.1 million by 2030.
No credit card required*
Publish Date: Jul 07, 2025
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Travel Retail Market Scope
Travel Retail Market segmentation & scope
Perfume & Cosmetics
Wine & Spirits
Fashion & Accessories
Tobacco Products
Electronics & Gifts
Food & Confectionery
Others
Travel Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192,346 | 22, Avenue Montaigne, Paris, France, 75008 | www.lvmh.com |
| Lagardere Travel Retail | View profile | 10001+ | Paris, Ile-de-France, France, Europe | www.lagardere-tr.com/en/ |
| Aer Rianta International | View profile | 251-500 | Dublin, Dublin, Ireland, Europe | www.ari.ie/ |
| Duty Free Americas | View profile | 1001-5000 | Hollywood, Florida, United States, North America | www.DutyFreeAmericas.com |
| Avolta AG ADR | View profile | 68,459 | Brunngasslein 12, Basel, Switzerland, 4010 | www.avoltaworld.com |
| China Tourism Group | View profile | 10001+ | Hong Kong, Hong Kong Island, Hong Kong, Asia | www.ctg.cn/en/ |
| gebr.heinemann | View profile | 5001-10000 | Hamburg, Hamburg, Germany, Europe | www.gebr-heinemann.de/en |
| The Shilla Duty Free | View profile | 101-250 | Singapore, Central Region, Singapore, Asia | sg.shilladutyfree.com |
| King Power International Co.,Ltd. | View profile | 51-100 | Ratchathewi, Krung Thep, Thailand, Asia | www.kingpower.com |
Europe Travel Retail Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Travel Retail Market Outlook will help companies and investors design strategic landscapes.
Perfume & Cosmetics was the largest segment with a revenue share of 109.23% in 2024.
Horizon Databook has segmented the Europe travel retail market based on perfume & cosmetics covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Travel Retail Market Product Outlook (Revenue, USD Million , 2018-2030)
- Perfume & Cosmetics
- Wine & Spirits
- Fashion & Accessories
- Tobacco Products
- Electronics & Gifts
- Food & Confectionery
- Others
- Europe Travel Retail Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Airports
- Train Stations
- Ferries
- Others
Reasons to subscribe to Travel Retail Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Travel Retail Market Outlook databook
- Our clientele includes a mix of Travel Retail Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Travel Retail Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Travel Retail Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Travel Retail Market, 2018-2030 (US$M)
