New-gen World Travellers add to GTR Growth
Rising disposable incomes and new airports boost India's airport retail, especially in luxury spirits. Ashish Chopra discusses how duty-free shops cater to this trend with exclusive offerings...[.]
Rising disposable incomes and new airports boost India's airport retail, especially in luxury spirits. Ashish Chopra discusses how duty-free shops cater to this trend with exclusive offerings...[.]
The travel retail market is set for significant growth, particularly in Asia-Pacific, led by China and India. With an expected $108 billion value by 2029, the sector benefits from high tourism, increased disposable incomes, and expanding airport infrastructures. India's market alone is anticipated to reach $5.4 billion, propelled by rising travel and consumer spending