Published Date : 03 Jan 20 | Views: 161 | Industry : Internet & Communication
Wearable Electronic
Devices to Drive the Growth of the Electronic Segment
The global Airport Retailing
Consumer Electronics market is categorized into three prominent segments by
type, airport size, and sales channel. The type segment of the market is
divided into accessories, electronic devices, and others. Increasing demand for
wearable electronic devices such as wrist band, smartwatches, headphones, and
others that offer hazel free activity during travel without restricting hands
is gaining popularity as it offers convenience to travelers. This factor is
likely to boost the growth of the electronic devices segment. The sales channel
segment is classified as specialty retail, supermarkets/hypermarkets, and
Others while the airport size segment is segregated into small, medium, and
large segments.
Transportation, Trade,
and Tourism to Foster the Growth of the Market in MEA and in the Asia Pacific
Regions
By 2040, the Middle-East and the
Asia-Pacific are expected to hold a substantial share of the air passenger
traffic worldwide. Developing economies are likely to offer growth
opportunities in the future due to growing transportation, trade, and tourism.
High demand for consumer electronics and customers increasingly preferring to
buy accessories for consumer electronic devices is leading to the growth of the
Airport Retailing Consumer Electronics market.
Collaboration and
Expansion – Key Competitive Strategy
The leading companies operating in the Airport Retailing Consumer Electronics market are involved in collaborations, mergers, and acquisitions to expand their market presence. For instance,
The report offers a profile of
major companies operating in the market which include Lagardere Travel Retail, Crystal
Media, Dufry AG, Royal Capi-Lux, Bahrain Duty Free Shop Complex, Regstaer Duty
Free, InMotion, and Dufry AG.
Business Trips and
Leisure Travel to Boost the Growth of Global Airport Retailing Consumer
Electronics Market
Consumer electronics such as laptops, smartphones, i-pads, speakers, headphones, and others are largely used by passengers. Business trips and leisure travel both require devices such as smartphones, cameras, laptops, and others. Passengers are increasingly buying consumer goods besides food and beverages at airports. The demand for accessories of these devices has seen a rise in recent years. This purchasing trend of air transport passengers is likely to create new avenues for the Airport Retailing Consumer Electronics market.