2014-01-09 13:38:03 - Travel Retail in Italy - a new market research report on companiesandmarkets.com
Travel retail is the category that experienced the most important changes, in terms of internal organisation as well as with respect to demand. For example, the economic and financial crisis brought about stagnation of consumption, and as a consequence, travel retailers began to increasingly focus on proposing more stable products and safe locations at an affordable price.
Italy has a lower number of big networks of travel retailers compared to other European countries such as the UK, France and Germany and consequently the competitive landscape is highly fragmented. The main travel retail networks in Italy are Welcome Travel Group and Blu Holding, which combined to hold more than 700 travel agencies across Italy.
It is expected that over the forecast period, travel
retail will increase significantly by a 3% constant value CAGR, reaching â¬20.8 billion in 2017 and 15,639 outlets.
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