Insights from China: China’s Domestic Duty-Free Market Grows in the Wake of Covid-19

What's Inside

The Covid-19 crisis has heavily impacted airport retail in 2020. By contrast, China’s domestic duty-free market is accelerating. We discuss the market’s size and potential for growth, exploring three key drivers that present opportunities for brand and retailers:

1. Hainan’s new duty-free policy
2. The rise of downtown duty-free stores
3. A shift in spending to the online channel

Click here to read the previous report in our Insights from China series, which explores the significant growth of China’s wellness market in recent years.