Beauty Insights: Brands and Retailers See Strong Growth in Travel Retail
The travel retail industry is experiencing high year-over-year growth, offering opportunities for beauty brands and retailers to increase sales.
In this report, we assess the growth of selected beauty brands in airports and other duty-free stores, and consider the impact of a number of key drivers:
- Increasing numbers of travelers, particularly from China
- Convenience and price advantage
- Access to data insights