Amid a surge in international travel, Sanjeev Banga from Radico Khaitan advocates for improved duty-free shopping experiences, including the possibility of in-store tastings. This enhancement aligns with the rising demand for exclusive and unique alcoholic beverages, as Indian travelers increasingly seek premium products for personal use and gifting.
As global travel rebounds, Abhijit Das discusses the transformation in airport retail strategies to cater to a new era of travelers who value experiences over mere transactions. With a focus on digital integration and exclusive offerings, Delhi Duty Free is adapting to cater to diverse tastes and preferences, ensuring memorable shopping experiences for every traveler.
As global travel increases, Mandeep S Thukral from Suntory Global Spirits points to a significant rise in duty-free sales, particularly among Indian travelers. With growing disposable income and a penchant for premium spirits, Indian consumers are driving changes in how brands engage and sell in travel retail environments, emphasizing digital storytelling and exclusive product offerings.
Whyte & Mackay's Clarisse Daniels discusses the burgeoning impact of single malt Scotch whisky on travel retail, particularly through India's robust market. With strategies that cater to premium tastes and digital engagement, Whyte & Mackay aims to capitalize on the growing demand among younger, affluent travelers looking for exclusive and luxurious spirits experiences.
Bacardi's Leila Stansfield outlines strategies to improve duty-free shopping, focusing on digital integration and customer engagement to boost sales of premium spirits like Patrón Tequila. She highlights the importance of personalized experiences and educated staff to transform travel retail into a more dynamic sector
Amidst a surge in international travel, Ospree Duty Free's CEO, Avishek Bambii Das, explores the evolving airport retail landscape. He emphasizes the impact of increased passenger flow on duty-free shopping and proposes enhancements such as biometric immigration to optimize the retail experience and expand product allowances for travelers.
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
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