Global Duty Free & Travel Retail Market Set for Strong Growth, Expected to Surpass USD 168 Billion by 2032 https://dataintelo.com/report/duty-free-travel-retail-market The global Duty Free & Travel Retail Market is projected to surge to USD 168.3 billion by 2032, up from USD 82.7 billion in 2023, reflecting a robust CAGR of 8.1% during the forecast period. The market is thriving due to rising international travel, higher consumer spending, and evolving lifestyle trends among global tourists. Duty free and travel retail stores are increasingly becoming hotspots for luxury purchases, offering tax-free products across airports, border shops, and cruise terminals. Travelers continue to indulge in categories like cosmetics, spirits, fashion, and electronics, fueling market expansion.