The China Duty Free Liquor Market is growing at a significant growth rate, owing to rise number of tourist and frequent fliers. Change in lifestyle, Improvement in economic condition and rise in disposable income are some of the major factors that are driving the duty-free liquor market in the country. The duty-free liquor shops have become a favorite destination for passengers who like to shop during their journey. This is mainly due to availability of large number of brands at one place and elimination of local tax or the duties implemented by the government bodies. The marker declined during the pandemic mainly due to travel restrictions and large proportion of disclosure in international flights. Since the travel restriction have been removed by the government and people can easily travel from one country to another, we expect the market to recover strongly during the forecast period.
This report focuses on value market at the country and regional level. This report represents overall Duty-Free Liquor Market size by analyzing historical data from 2023-2031 and future prospect from 2023-2031.
Market Segmentation:
Market Breakup By Type
- Beer
- Wine
- Vodka
- Cognac
- Whiskey
Market Breakup By Distribution Channel
- Cruise liners
- Airport
- Railway Station
- Border
- Downtown
- Hotel shops
Regional Analysis
The report has been prepared after analyzing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political factors of the country. The team have closely analyzed the data of revenue, production, and manufacturers of each region. These analyses will help the reader to identify the key regions as potential worth of investment in the coming years.
Market Breakup By Region
- North China
- North East China
- East China
- South Central China
- South West China
- North West China
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The reader can will get an updated information on their revenue of manufacturers, product portfolio, recent development and expansion plans during the forecast period
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