Duty-Free Stores in Australia - IBISWorld Industry Market Research

Duty-Free Stores in Australia

Duty-Free Stores in Australia - IBISWorld Industry Market Research
Duty-Free Stores in Australia
Published Oct 24, 2012
29 pages — Published Oct 24, 2012
Price US$ 970.00  |  Buy this Report Now

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Duty-free retailing is expected to prosper over the five years through 2012-13, with industry sales rising by an annualised 4.9%. Trading conditions for duty-free retailers have benefited from solid growth in the volume of international arrivals and departures into and out of Australia (with the exception of 2008-09). Demand for duty-free was also aided by growth in the trade-weighted index, which made international travel more affordable for Australian tourists. Consumer demand for duty-free merchandise over this five-year period was also influenced by trends in disposable income and the consumer sentiment index.

Duty-free stores sell a range of goods to inbound and outbound international travellers. Duty-free stores are essentially warehouses that are licensed and controlled by Federal Government customs and excise legislation. These warehouses are permitted to operate as retail outlets to sell customable and excisable goods to international sea and airline travellers.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Duty-Free Stores in Australia" Oct 24, 2012. Alacra Store. Oct 25, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Duty-Free-Stores-in-Australia-2042-1756>
IBISWorld Industry Market Research. (2012). Duty-Free Stores in Australia Oct 24, 2012. New York, NY: Alacra Store. Retrieved Oct 25, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Duty-Free-Stores-in-Australia-2042-1756>
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