Publisher's latest report on 'Duty Free Retailing in the Americas,2015-2020', provides analysis of current and forecast market data for retail sales in different product categories sold through duty free channel across the Americas. The report includes current market sizes and forecasts to 2020 by country and category; Covers nine countries in the Americas - Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, US and Venezuela and 20 categories, including clothing, consumer electronics, drinks, footwear, homewares, jewelry, watches and accessories, luggage and leather goods, packaged food, health and beauty, photographic equipment, printed media, sports equipment, tobacco, toys and games, and others. 

The duty free market in the Americas witnessed slow growth amid the recession, and political and economic instability in major Latin American markets, mainly Brazil and Argentina. Over the next five years, airport modernization including new retail space, growing tourism, further boosted by the Rio Olympics, and favorable exchange rates will boost duty free spending in the region. 

Key Findings -

- The US duty free retail market accounts for 67.8% of the total regional market, and is forecast to grow at a CAGR of 5.0% during 2015-2020

- Weakness in Canadian Dollar will attract higher visits and spending from the US and Asian travelers, leading Canada to produce the highest CAGR of 7.6% in the region

- Health and beauty will achieve largest value growth of US$0.7 billion, driven by entry of new brands, expansion of existing brands and new concepts

- Currency devaluation and worries surrounding Zika virus affected Brazilian duty free but it remains attractive due to upcoming Rio Olympics and growing arrival duty free

- International duty free operators increasing their presence in the Americas via strategic partnerships and new channels, including onboard cruise and inflight duty free