Global Business Travelers' Airport Retail Trends, 2012-2013

Oct. 17, 2012
Average time spent by business travelers from North America at duty-free airport retail outlets is '22 min', as compared with '19 minutes' at duty paid outlets

Research and Markets ( http://www.researchandmarkets.com/research/t2tc7l/global_business ) has announced the addition of Canadean Ltd's new report "Global Business Travelers' Airport Retail Trends, 2012-2013" to their offering.

Global Business Travelers' Airport Retail Trends, 2012-2013 is a new report by Canadean that analyzes trends in airport retail and explores how opportunities and demand are set to change in 2012-2013. Furthermore, this report not only provides a comprehensive overview of business travelers visits and time spent at airport retail stores in 2012, but also showcases average expenditure. Additionally, it identifies average expenditure on food and beverages. This report identifies the product and purchasing trends at airport retail outlets, and the significance of websites in pre-planned purchases. In addition, this report outlines the key products that occupy the most airport retail space, and the survey analyzes the most popular products purchased by business travelers at airport retail outlets. Furthermore, the report provides insight into the key drivers that help promote frequent visits and identifies the most important business travelers concerns in purchasing at duty-free outlets. The report also provides access to information categorized by age, gender, annual income, and travel frequency.

Key Highlights

- According to calculations, the average time spent by a business travelers from North America at duty-free airport retail outlets is '22 min', as compared with '19 minutes' at duty paid outlets.

- Overall, 24% of business travelers from Asia-Pacific spent US$11-US$15 per visit on food and beverages, while 23% spent US$5-US$10.

- In total, 8% of business travelers from the European region used the 'shop and collect' facility at airport retail stores within the last six months.

- 'Art and craft', 'food and non-alcoholic beverage', and 'stationery and cards' are the most important within the 'domestic brand' category, while 'consumer electronics', 'luggage and leather goods' and 'perfumes, cosmetics and personal care' are significant within the 'global brands' category, as identified by the business travelers from North America.

- 'Promoting price advantages over city-center retailers' and 'adapting offers to passenger profiles' are key activities that optimize the business of airport retailers, as identified by 83% and 58% of respondents from Asia-Pacific respectively.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Global Airport Retail Trends: Business Travelers' Store Visits and Duration

4 Global Airport Retail Trends: Business Travelers' Spend Activity

5 Business Travelers' Purchasing Trends at Airport Retail Stores

6 Global Business Travelers' Survey: Product Trends at Airport Retail Stores

7 Global Business Travelers' Trends: Airport Retail Dynamics

8 Global Business Travelers: Future Developments for Business Growth

9 Appendix

Companies Mentioned - Please click the link below for a full list

- Adidas

- London Southend Airport

- Tiffany and Co

- Marks and Spencer

- Visa Europe

- Gatwick Airport

- Guess

- George Bush Intercontinental Airport

- Victoria's Secret

- Los Angeles World Airports (LAWA)

- Dunkin' Donuts

- Harley Davidson

- McDonald's

- Brookstone

- Amsterdam Schiphol Airport

- Starbucks

- Woolworths

- JR Duty Free

- London Heathrow Airport Terminal 5

For more information visit http://www.researchandmarkets.com/research/t2tc7l/global_business

Source: Canadean Ltd

Copyright 2012 Business Wire, Inc.