Asia-Pacific leads the way as global duty free sales exceed $68 billion
Duty free is not just for liquor, cigars, and handbags, it can be a great channel for a variety of quality US products.
Global duty free and travel retail sales reached $68.6 billion in 2017, according to preliminary figures from Generation Research. The figures were revealed today by TFWA president, Erik Juul-Mortensen, in his welcome address to delegates at this year’s TFWA Asia Pacific Conference in Singapore.