Tuesday, 4 September 2012

Airport Retail Trends in Asia-Pacific, 2012–2013

The average expenditure on food and beverages per visit to airport outlets is US$12.5.
London, September 4, 2012 – According to a new Canadean survey, a total of 56% and 75% of respondents shopped at duty-free and duty paid shops respectively, 3 times or less in the last six months (reference graph below). 

A noticeable growth in passenger traffic and increased shopping while travelling is emerging as a realistic platform for retailers and airport operators in generating additional revenue. 56% and 58% of male and female respondents respectively, identified that their average shopping frequency at duty-free shops was ‘3 times or less’ within the last six months. 41% and 53% of respondents stated that they had spent at least 15 minutes per visit at duty-free and duty paid airport retail stores respectively.

Of all respondents, 47% confirmed that they spent between ‘16–30 min’ per visit eating and drinking in airport lounges, followed by 20% of respondents who recognized that they had spend ‘31–45 min’ on food and beverage consumption at airport outlets. In addition, 44% of respondents contributed ‘less than 5%’ towards shopping at airport retail stores within the last six months, while 18% confirmed that between ‘5%–10%’ of their overall shopping volumes was accomplished at airport retail outlets.
Overall, 49% of respondents spend between ‘US$51–US$150’ per visit at duty-free airport retail shops; while 32% spend ‘less than US$25’ per visit. In total, for 47% of respondents aged ‘less than 30’ years, total expenditure on food and beverages in an airport lounge is between ‘US$5–US$10’ per visit in 2012. In addition, 48% of respondents in the age group ‘30–40’ years noted that they spent between ‘US$11–US$20’ per visit.

Of all respondents, 46% and 38% respectively spent ‘less than US$10’ each on ‘stationery and cards’ and ‘printed media’ per visit. Moreover, 48% of respondents spend US$10–US$25 on ‘food and non-alcoholic beverages’, while 55% of respondents spent ‘more than US$100’ on ‘jewelry, watches and accessories’ per visit.

About Industry Report Store:
Industry Report Store is the most comprehensive online resource for market research reports, analysis, news and expert commentary on 40 industries in over 100 countries. Find over 150,000 global and country sector reports, consumer trend reports, company profiles and market guides, all available for online purchase.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own in-house expert teams and from carefully selected third-party publishers. We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Report Store delivers in-depth knowledge of local markets worldwide.

Press Contact:
Milli d'Hangest d'Yvoy
Tel: +44 (0) 20 7936 6496

No comments:

Post a Comment