Dubai and Qatar duty frees lead ME’S travel markets

Th duty free and travel retail market is estimated to generate revenues of around USD 112 billion by 2023 as per the ‘Duty-free and Travel Retail Market – Global Outlook and Forecast 2018-2023’ report. Dubai Duty Free (DDF) and Qatar Duty Free (QDF) are the two Middle Eastern duty frees among the prominent players. A press release by DDF revealed that sales for 2018 reached USD 2 billion. As for the various market segments leading that industry, these include fragrance and cosmetics, liquor, fashion and accessories, tobacco goods, electronics, watches and confectionery.