Insights from CDFG White Paper on the Travel Retail Industry

In the wake of China’s “14th Five-Year Plan” conclusion and the onset of the “15th Five-Year Plan”, China Duty Free Group (CDFG) has partnered with Beijing DATA 100 to present the CDFG Consumer White Paper. This comprehensive analysis offers insights into industry recovery based on real consumption data, sector performance, macroeconomic trends, and duty-free policies. It examines the value of CDFG’s users and members, key customer segments, category value upgrades, and future development outlook. The data presents that the global duty-free and travel retail market hit $74.13 billion in 2024, a 3% annual increase, rebounding to 85.8% of its 2019…