Airport retailing is set to shrug off the global economic slowdown and expand by 11.0% in 2008 with the fastest growth in its emerging markets. Emerging markets offer a clean slate in terms of airport development and provide huge scope for growth that is less feasible, physically or financially in regulated and restricted mature markets. Emerging markets will continue to benefit from rapid growth in passenger numbers and retail spending, driven by increased affluence, growing tourism, rapidly expanding airline networks, new routes and an increasing propensity for business travel as a result of globalisation. ‘Global Airport Retailing 2008’ is a new report published by Verdict Research that provides in-depth analysis of the opportunities in global airport retailing. Focusing especially on emerging markets, this report identifies the opportunities available to investors and highlights the challenges that retailers must negotiate to trade successfully at airports.
Published: September 2008 - Global. |
