The Indian Travel Retail Market Report is Segmented by Product Type (Fashion and Accessories, Wine and Spirits, Tobacco, Food and Confectionary, Fragrances and Cosmetics, and Other Product Types (Stationery, Electronics, Watches, Jewelry, Etc. )) and Distribution Channel (Airports, Airlines, Ferries and Other Distribution Channels). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

The Asia Pacific travel retail market, valued at $63.15 billion in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 9.21% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the region's burgeoning middle class, particularly in countries like China, India, and Southeast Asia, is driving increased disposable income and a corresponding rise in luxury spending and international travel. Secondly, the increasing popularity of experiential travel and a desire for unique purchases contribute to the growth of duty-free and travel retail sales. Furthermore, innovative strategies employed by major players like Dufry, China Duty Free Group, and DFS Group, such as personalized shopping experiences and omnichannel strategies, are enhancing customer engagement and driving sales. The diversification of product offerings beyond traditional categories like alcohol and tobacco into segments like fashion, cosmetics, and food & confectionery also contributes significantly to market expansion. While logistical challenges and fluctuating currency rates present some restraints, the overall market outlook remains positive. The market's segmentation reveals significant opportunities. China, Japan, and South Korea remain dominant markets, but substantial growth potential exists in emerging economies within Southeast Asia and India. The distribution channel landscape is evolving, with a push toward seamless integration of online and offline platforms. Airport retailers are expected to maintain a significant market share, while airlines and ferries present growth opportunities for targeted product offerings. The dominance of established players like Dufry and China Duty Free Group is likely to continue, however, smaller, regional players will also benefit from the overall market growth by specializing in catering to specific consumer preferences and local tastes within their respective regions. Competition is fierce, leading to continuous innovation and strategic partnerships. The next decade will see a continued shift towards personalized experiences, digitalization, and sustainable practices within the Asia Pacific travel retail landscape. Recent developments include: October 2023: DFS Group, the travel retail company, developed an entertainment and shopping complex on the duty-free Hainan Island of China. This development aimed to enhance the tourism market, even during economic downturns., July 2023: Lagardère Travel Retail, in partnership with Inflyter, expanded its business by offering an online Duty-Free shopping experience for a broader audience of travelers. This partnership offers customers pre-travel browsing and purchasing to broaden the digital sales channels and create multiple customer touchpoints throughout their journey.. Key drivers for this market are: Guaranteed Customer Base In Travel Duty-Free Shops Drives The Market, Exemption From Taxes When Goods Are Taken Out Of The Country Of Purchase Drives The Market. Potential restraints include: Guaranteed Customer Base In Travel Duty-Free Shops Drives The Market, Exemption From Taxes When Goods Are Taken Out Of The Country Of Purchase Drives The Market. Notable trends are: High Revenue Generation From Airport Retailing Drives The Market.

The APAC Travel Retail Market report segments the industry into Product Type (Fashion and Accessories, Jewellery and Watches, Wine & Spirits, Food & Confectionary, Fragnances and Cosmetics, Tobacco), Distribution Channel (Airports, Airlines, Ferries), and Geography (China, Japan, Korea, India, Australia, Southeast Asia, Rest Of APAC). Five years of historical data and five-year forecasts are included.

Market Overview The India travel accommodation market is projected to reach US$ 8.12 million by 2033, exhibiting a CAGR of 10.25% during the forecast period 2025-2033. Key market drivers include rising disposable income, increased travel frequency, the emergence of online booking platforms, and government initiatives to promote tourism. The growing popularity of budget-friendly accommodations, such as hostels and homestays, is also contributing to market growth. Industry Trends and Restrains Significant trends shaping the market include the adoption of mobile booking applications, the rise of experiential travel, and the increased use of artificial intelligence for personalized recommendations. However, industry growth is also affected by certain restraints, such as seasonal fluctuations in demand, limited hotel infrastructure in certain regions, and regulatory restrictions on foreign ownership. Key industry players include Cleartrip, Trivago, Booking.com, EaseMyTrip.com, and OYO Rooms. The market is segmented based on platform (mobile application, website), mode of booking (third-party online portals, direct/captive portals), and region (India). Recent developments include: February 2024: India’s biggest online travel tech platform, EaseMyTrip, opened its first offline retail outlet in the state of Madhya Pradesh, Indore. This is the 10th offline store launched under the brand's franchise model, which is a testament to its commitment to efficiently serving its customers online and offline. The new offline store is aimed at reaching out to its offline customers who are looking for a personalized meet-and-greet experience., February 2024: India’s top travel tech platform, EaseMyTrip, formed a strategic alliance with Zaggle Prepaid Ocean Services Limited, a software-as-a-service (SaaS) FinTech player that offers spend management products and services to enterprises, to provide integrated travel and expense management., May 2023: Microsoft partnered with MakeMyTrip to introduce voice-assisted booking for travel planning in Indian languages. The new in-platform technology stack, powered by Microsoft’s OpenAI Service & Azure’s Cognitive Services, will interact with the user and provide customized travel recommendations based on the user’s preferences, organize holiday packages according to variable inputs (e.g., event, budget, activities, preferences, travel time, etc.) and even help to book those holiday packages.. Key drivers for this market are: Rise in the Number of Travel Bloggers Is Promoting Tourism Driving the Market's Growth, Rising Number of Hotels, Resorts, and Airbnb Options for Consumers Driving the Market's Growth. Potential restraints include: Difficulty in Handling Customer Queries and Cancellation Policies, High Convenience Fees Impacting the Market's Growth. Notable trends are: Rising Growth of Digital Payments Is Boosting the Growth of the Market.

Airport Duty Free Retailing Market Outlook

The airport duty free retailing market size was valued at approximately USD 35.4 billion in 2023 and is projected to reach an estimated USD 54.7 billion by 2032, growing at a CAGR of 4.9% during the forecast period. This growth can be attributed to the rising number of international travelers, increasing disposable incomes, and the expansion of airport infrastructure globally. As the aviation industry continues to recover and expand post-COVID-19, duty free retailing is set to benefit significantly due to enhanced passenger throughput and an increased propensity for travelers to make luxury purchases at airports.

One of the primary growth factors for the airport duty free retailing market is the significant rise in global tourism and international travel. With an increasing number of people traveling for both business and leisure, airports have become bustling centers of commercial activity. Airports have recognized this opportunity and are increasingly focusing on enhancing the retail experience to cater to a diverse and affluent traveler demographic. The strategic placement of duty free shops in high-traffic areas within airports ensures maximum visibility and accessibility, further driving sales.

Another crucial driver is the growing consumer preference for premium and luxury products, which are often available at duty free shops at competitive prices. Duty free retailing offers travelers the advantage of purchasing high-end goods at reduced prices due to the exemption of certain local taxes and duties. This appeal is especially strong in categories such as perfumes and cosmetics, alcohol and tobacco, and fashion accessories, where price differences can be substantial. Additionally, the trend of gifting and bringing souvenirs from travels also contributes to the robust demand in this market segment.

The continuous innovation and diversification of product offerings in duty free shops also play a central role in market growth. Retailers are constantly updating their inventories to include the latest product lines and limited-edition items, which are highly attractive to travelers looking for exclusive purchases. The integration of advanced technologies such as augmented reality (AR) and virtual reality (VR) in the shopping experience has also added a modern and engaging dimension to duty free retailing, enhancing customer satisfaction and driving repeat purchases.

Regionally, the Asia Pacific region stands out as a dominant player in the airport duty free retailing market. This can be attributed to the booming travel and tourism industry in countries like China, India, and Southeast Asia, coupled with the rapid development of airport infrastructure. Moreover, the region's rising middle class with increasing disposable income levels is fueling the demand for luxury goods. North America and Europe also hold significant market shares, driven by established airport infrastructures and a high volume of international travelers. The Middle East & Africa region, with its strategic positioning as a global transit hub, is emerging as a vital market for duty free retailing, supported by high investments in airport modernization projects.

Product Type Analysis

The airport duty free retailing market is segmented by product type into perfumes & cosmetics, alcohol & tobacco, fashion & accessories, confectionery & fine food, electronics, and others. Perfumes & cosmetics represent a significant portion of the market due to their high demand among travelers seeking premium beauty products at discounted prices. Many leading brands use duty free shops as strategic points of sale to launch new products and limited editions, which are highly attractive to international travelers. These shops also often offer bundled deals and exclusive travel retail sets, further boosting their appeal.

Alcohol & tobacco products are another major category in duty free retailing, driven by the substantial tax savings that travelers can enjoy on these items. Duty free shops provide a wide range of premium spirits, wines, and tobacco products, often at prices significantly lower than those found in domestic markets. This makes them a popular purchase for travelers looking to take advantage of the price differences for personal consumption or as gifts. The availability of exclusive and rare editions of alcohol products also attracts collectors and connoisseurs.

Fashion & accessories, including clothing, watches, jewelry, and luggage, make up another critical segment. Airports have bec

The value of travel market in India was estimated at 78 billion U.S. dollars in 2023. The travel market was forecasted to grow around 131 billion U.S. dollars by financial year 2030.

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Business Travel Market Size 2025-2029

The business travel market size is forecast to increase by USD 4,867.6 billion at a CAGR of 38.3% between 2024 and 2029.

The market is experiencing significant growth, driven by several key factors. Technological advances are playing a crucial role in shaping the industry, with online booking platforms and mobile applications becoming increasingly popular among travelers. Consumers' growing preference for booking through online travel agencies (OTAs) is another major trend, as it offers convenience, cost savings, and a wider range of options. The digitization of travel services has revolutionized the industry, enabling online hotel booking, transportation reservations, and virtual or augmented reality experiences. Additionally, the rising penetration of online video conferencing platforms is reducing the need for physical travel, particularly for meetings and conferences. These trends are expected to continue shaping the market In the coming years. Overall, the market is poised for strong growth, driven by technological innovations and evolving consumer preferences.

What will be the Size of the Business Travel Market During the Forecast Period?

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The market encompasses work-related trips for attending conferences, congresses, and other professional engagements. This sector represents a significant portion of global travel expenditure, with business tourism and regular tourism intertwining In the emerging trend of bleisure travel.
Additionally, smart hotels integrate technology for contactless check-in, AI-powered chatbots, and personalized services. Transportation modes, including roads and airports, are adopting advanced technologies to streamline processes and enhance the travel experience. Medical tourism is another niche within business travel, catering to individuals seeking specialized healthcare services. The integration of artificial intelligence, virtual reality, and chatbots is transforming business travel, offering more personalized, efficient, and convenient services for business travelers.

How is this Business Travel Industry segmented and which is the largest segment?

The business travel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Marketing
  Internal meeting
  Trade show
  Product launch


Type

  Travel fare
  Lodging
  Dining
  Others


Geography

  APAC

    China
    India
    Japan


  Europe

    Germany
    UK
    France
    Italy


  North America

    Canada
    US


  South America

    Brazil


  Middle East and Africa

By Application Insights

The marketing segment is estimated to witness significant growth during the forecast period.

Business travel plays a pivotal role In the international marketing efforts of enterprises, enabling them to expand their customer base and enhance brand reputation. This involves employees traveling to foreign markets to gain insights into sales strategies and identify target audiences. Business travel facilitates a deeper understanding of international market conditions, allowing companies to tailor their offerings accordingly. The travel sector encompasses various aspects, including transportation, accommodation, and tourism promotion.

Additionally, infrastructure development, such as roads, airports, hotels, rail networks, and air routes, significantly impacts business travel. Digital advancements, like virtual reality, augmented reality, artificial intelligence, and chatbots, are revolutionizing the travel industry. Sectors like business tourism, leisure tourism, medical tourism, and lifestyle changes continue to influence travel patterns. Economy, unemployment, SME financing, and travel retail are among the key factors shaping the travel landscape. Companies focus on profit maximization and cost-cutting strategies to optimize their travel expenditures. Infrastructural investments and online travel platforms facilitate seamless business travel experiences.

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The marketing segment was valued at USD 186.70 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 37% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific (APAC) region dominates The market due to its large and growing economies, particularly India and China. Companies are prioritizing employee comfort, with APA

The India Hospitality Industry market report segments the industry into By Type (Chain Hotels, Independent Hotels), By Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, Luxury Hotels). Includes historical insights and five-year forecasts.

The global non-aeronautical airport industry, valued at approximately $XX million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) exceeding 7% from 2025 to 2033. This growth is fueled by several key drivers. Firstly, the increasing number of air travelers globally is directly correlated with higher demand for non-aeronautical services. Secondly, airport operators are continuously investing in infrastructure improvements and innovative service offerings to enhance passenger experience and generate additional revenue streams. This includes expanding retail spaces, enhancing food and beverage options, and introducing advanced baggage handling systems. Furthermore, the trend towards airport privatization and increased competition is driving innovation and efficiency improvements within the sector. However, the industry faces challenges such as fluctuating passenger numbers due to economic downturns or global events, heightened security concerns necessitating increased operational costs, and the need for continuous adaptation to evolving passenger preferences and technological advancements. Segmentation within the industry reveals strong growth potential across food services, car rentals, and baggage handling systems, while other services contribute to the overall expansion. Regional analysis indicates significant market share held by North America and Europe, driven by established airport infrastructure and high passenger volumes. However, the Asia-Pacific region is showing rapid growth, fueled by expanding air travel markets in countries like China and India, presenting lucrative opportunities for future expansion. The competitive landscape is characterized by a mix of large international airport operators and regional players. Key players like AENA SME SA, Groupe ADP, and others are strategically investing in expanding their non-aeronautical offerings and geographic footprint. The forecast period will see increased competition, further driving innovation and operational efficiency. Successfully navigating the challenges and capitalizing on the growth opportunities will require strategic investments in technology, improved customer service, and agile adaptation to the ever-evolving needs of the air travel industry. The long-term outlook for the non-aeronautical airport industry remains positive, driven by the fundamental growth of air travel and the continued focus on enhancing the overall airport experience for passengers. Recent developments include: August 2022: Oakland International Airport opened three new airport concession locations, including two Peet's Coffee locations (Terminals One and Two) and Oakland Draft House (Terminal Two). SSP America, a division of SSP Group, operates these restaurants., April 2021: Siemens Logistics signed a contract to expand the baggage handling system in Terminal 2 of South Korea's Incheon Airport. The contract would help airport operators and customers of Incheon International Airport Corporation increase capacity.. Notable trends are: Ground Handling Systems Will Showcase Significant Growth During the Forecast Period.

In 2020, the online retail sector occupied the majority of shares at ** percent in the ecommerce market in India. This was followed by online travel services with a share of ** percent in the same year. The market share for online retail sector is likely to increase by **** percent by 2026.

Duty Free Cigarette Market Outlook

In 2023, the global duty free cigarette market size was estimated to be valued at approximately USD 12.4 billion, with projections suggesting it could reach USD 19.3 billion by 2032, reflecting a CAGR of around 5.2% during the forecast period. This growth can be attributed to factors such as the increasing international travel, evolving consumer preferences, and the rising popularity of duty-free shopping as a desirable retail experience.

The burgeoning global travel and tourism industry significantly fuels the growth of the duty free cigarette market. As international travel becomes more accessible and frequent, travelers are increasingly turning to duty-free shops for their cigarette purchases, benefitting from tax exemptions and exclusive product availability. Additionally, the increase in disposable incomes across various regions has empowered more consumers to indulge in luxury and leisure activities, including shopping at duty-free stores. This trend is particularly pronounced in emerging markets where the middle class is expanding rapidly.

Moreover, the evolving consumer preferences towards different types of cigarettes also act as a growth catalyst for the market. As consumers become more health-conscious while still desiring the experience of smoking, there has been a notable shift towards premium and menthol-flavored cigarettes available in duty-free shops. These products often feature better quality and unique flavor profiles, making them attractive to consumers. Furthermore, advancements in packaging and marketing strategies by cigarette manufacturers contribute to this shift by enhancing the appeal of duty-free cigarettes.

Another significant growth factor is the strategic expansion of duty-free retail outlets across airports, seaports, and border shops worldwide. These strategic locations cater to a vast number of travelers daily, providing an ideal platform for cigarette manufacturers to reach a large, diverse consumer base. Retailers are continually enhancing the shopping experience through improved store designs, superior customer service, and a broader range of products, thereby driving sales. Additionally, collaborative efforts between airports and duty-free operators to offer promotions and discounts further encourage purchases.

Cigarette Packaging plays a pivotal role in the duty-free market, as it not only serves as a protective layer for the product but also acts as a marketing tool to attract consumers. In recent years, there has been a significant shift towards innovative and eye-catching packaging designs that enhance the appeal of duty-free cigarettes. Manufacturers are investing in high-quality materials and unique designs to differentiate their products from competitors. This trend is particularly evident in duty-free shops, where the visual appeal of packaging can influence purchasing decisions. Moreover, the introduction of limited edition packaging and eco-friendly materials is gaining traction, catering to environmentally conscious travelers who prioritize sustainable choices.

Regionally, the Asia Pacific region dominates the duty free cigarette market, driven by the exponential increase in outbound tourism from countries like China and India. This region is projected to experience the highest growth rate during the forecast period. North America and Europe also represent significant markets owing to their well-established travel infrastructure and high consumer spending capacity. In contrast, the Middle East & Africa and Latin America, though smaller in market share, exhibit promising potential due to ongoing infrastructural developments and increasing tourist influx.

Product Type Analysis

The product type segment in the duty free cigarette market includes King Size, Super Slim, Regular, and Others. King Size cigarettes continue to hold a substantial share in the market owing to their widespread acceptance and traditional popularity. These cigarettes are preferred by a demographic that values the classic smoking experience, and their consistent demand across various regions contributes significantly to the market revenue. The established brand loyalty and consistent quality associated with King Size cigarettes ensure their steady market performance.

Super Slim cigarettes, on the other hand, are gaining traction, especially among younger smokers and female consumers. The sleek design and perceived lower tar and nicotine content appeal

Product Type: Color Cosmetics: Makeup products are gaining popularity, especially among younger consumers. Skin Care: Products such as moisturizers, cleansers, and sunscreens are essential to Indian consumers. Hair Care: Shampoos, conditioners, and hair treatments are widely used. Distribution Channel: E-commerce: Online retailers continue to be the preferred distribution channel, offering convenience and a vast selection. Physical Stores: Traditional retail stores such as department stores and specialty beauty stores still hold a significant share of the market. Pharmacies: Drugstores offer a range of cosmetic products, including over-the-counter skincare and hair care products. Recent developments include: September 2021: Coty Inc. and Perfect Corp. announced their cooperation agreement to integrate a range of AI and AR practices into Coty Inc.'s cosmetics brands' digital marketing toolkits., November 2021: A new talent and development program involving The Estée Lauder Companies Inc. and Florida A&M University was revealed. The program's goal was to develop the next wave of African American beauty experts working in retail travel. Their dedication to racial fairness was congruent with this modification. This allowed the company to collaborate on an exclusive internship and scholarship program with Florida A&M University.. Notable trends are: Growing promotion of beauty standards, trends, and demographic shifts through social media is driving the market growth..

The Asia-Pacific (APAC) payment gateway market is experiencing robust growth, driven by the region's burgeoning e-commerce sector, increasing smartphone penetration, and the rising adoption of digital payment methods. The market, valued at approximately $10.67 billion in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 21.89% from 2025 to 2033. This significant growth is fueled by several key factors. Firstly, the rapid expansion of e-commerce across countries like India, China, and others in Southeast Asia is creating a massive demand for secure and efficient payment processing solutions. Secondly, the increasing adoption of mobile wallets and online banking is further boosting the market's trajectory. Thirdly, government initiatives promoting digitalization and financial inclusion in several APAC nations are fostering a conducive environment for payment gateway adoption. Finally, the increasing preference for contactless payment options, accelerated by the pandemic, is contributing to the overall market expansion. Within the APAC region, significant variations exist across individual markets. India and China, with their massive populations and growing digital economies, are expected to dominate the market. However, other countries in Southeast Asia are also exhibiting significant growth potential, driven by increasing internet and smartphone penetration. The market segmentation by type (hosted vs. non-hosted), enterprise size (SME vs. large enterprise), and end-user industry (travel, retail, BFSI, media & entertainment) reveals diverse growth patterns. The hosted payment gateway segment is likely to dominate due to its cost-effectiveness and ease of implementation. Large enterprises are expected to contribute a larger share due to their higher transaction volumes. The BFSI and e-commerce sectors are key drivers, while the retail and media & entertainment sectors will also contribute significantly to the market's expansion. Competition is fierce, with both global giants like PayPal and Stripe and regional players like PhonePe and RazorPay vying for market share. This competitive landscape is driving innovation and the development of increasingly sophisticated payment solutions catering to the unique needs of various businesses and consumers across APAC. Recent developments include: May 2024: Mastercard officially rolled out its domestic payment processing services in China. Through its joint venture, Mastercard NetsUnion Information Technology, the company can now process payments made with Mastercard cards issued by Chinese banks. The payment services provider can also accept Mastercard-branded cards from China for international transactions.April 2024: Soft Space, a fintech-as-a-service provider, teamed up with JCB, a prominent international payments brand from Japan, to introduce a payment gateway in Malaysia. The new gateway addresses the surging demand for secure digital transactions by leveraging JCB's expansive global network and Soft Space's advanced technical expertise. Furthermore, Soft Space's API specification empowers acquirers and payment facilitators, enabling retail merchants to tap into JCB's vast network serving over 156 million card members—without needing a direct connection.. Key drivers for this market are: Increased E-commerce Sales and High Internet Penetration Rate, Increased Demand for Mobile-based Payments; Growing Adoption of Payment Gateways in Retail. Potential restraints include: Increased E-commerce Sales and High Internet Penetration Rate, Increased Demand for Mobile-based Payments; Growing Adoption of Payment Gateways in Retail. Notable trends are: Growing Use of Payment Gateway in Tavel Industry..

The global Airport Services market was valued at USD 167.23 billion in 2022. It is expected to reach a value of USD 390.79 billion by 2030, growing at a CAGR of 13.67%. The rise in passenger traffic and increasing air travel demand are expected to drive market growth. Airport services therefore include various service requirements identifying simplistic procedures that support functionality of airport facilities. These services target rich needs for passengers and airlines and the entire related entities. Thus the services offered in airport services include, Ground handling, Baggage handling and Passenger assistance, Security Check, Sales, and Retail. There are diverse classifications of airport services such as passengers’ services, airline services, cargo services as well as other services. Aspects of airport management consist of terminal management, air side management, land side management and management of utility services. Airport services result in efficiency of service provision and delivery, better customer satisfaction, safety of passengers and personnel as well as more optimized airport operations. The emerging strategies in the market include the utilization of unique security and passenger technologies such as Biometrics & Artificial Intelligence, in addition to providing efficient and additional revenue generative facilities like a retail village and gourmet restaurants. Recent developments include: March 2022 – Hainan Airlines gave a new ramp handling contract to Worldwide Flight Services (WFS) at Seattle-Tacoma International Airport. The WFS will provide loading and unloading of its 3-5 weekly passenger freighter services for the Chinese airline. Moreover, WFS will also offer other ramp services for the airline, including lavatory, GPU services, crew shuttle, and water., February 2022 – Worldwide Flight Services (WFS) extended its cargo handling contract with Turkish Airlines in North America Dallas/Fort Worth and Houston. The new agreement will commence in March as the local WFS team will handle 3-4 freighter weekly flights plus daily B777 passenger services in the city., May 2022 – Celebi Aviation, an Indian ground cargo handling company, announced deploying emerging technologies such as Internet of Things (IoT) and blockchain in their operations. The company invested more than USD 220 million in India, investing in infrastructure to handle 7,000+ tonnes of cargo, increasing security initiatives, additional handling equipment, and a state-of-the-art transshipment center., September 2022 – LAS Goldair Handling, an Indian services joint venture, launched its services at two of India's airports. The services have been established at Bagdogra International Airport and Udaipur Airport. The company is expected to manage the terminal, cargo, and ramp for chartered flight operators for all international and domestic flights departing and arriving at Bagdogra International Airport., August 2022 – U.S.-based cargo ground handling company, Alliance Ground International (AGI), acquired Airport Terminal Services (ATS). The acquisition is anticipated to offer additional services in commercial passenger ground handling services.. Key drivers for this market are: Various Upgradations in Existing Naval Guns and Ammunition to Aid Market Growth . Potential restraints include: Lack of Appropriate Infrastructure and Strict Government Restrictions to Limit Market Growth. Notable trends are: Integration of Laser Based Weapons with Naval Artillery is an Ongoing Trend in the Market .

The India Full Service Restaurants Market is segmented by Cuisine (Asian, European, Latin American, Middle Eastern, North American), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.

The market segmentation includes:Device Type: Head Mounted Devices (HMD), VR Glasses, Treadmills & Haptic Gloves, VR Simulator, Controllers, Cardboard, etc.Industry: Gaming, Automotive, Entertainment, Retail, Education, Aerospace & Defense, Healthcare, Manufacturing, and Others (Real Estate, Travel & Tourism, etc.) Recent developments include: January 2023: HTC revealed the VIVE XR Elite, an all-in-one VR headset that combines interactive mixed reality (MR) components with the immersive qualities of virtual reality (VR). This adaptable gadget expands the possibilities for XR experiences and is suitable for a variety of uses, including productivity, gaming, and fitness., April 2022: In New Delhi, Pradhan Mantri Sangrahalay was inaugurated by India's Prime Minister, Mr. Narendra Modi. At an estimated cost of USD 40 million, Tagbin, an Indian startup, and other technological partners digitalized the museum by utilizing technologies like Augmented Reality (AR) and VR.. Notable trends are: Integration With CRM and ERPS.

Luggage and leather goods category is forecast to record retail sales of INR236.3 billion by 2019, at a CAGR of 15.04% A strong and growing economy presents numerous opportunities for organized retailers, the country’s young and expanding middle class hold the key for the growth of retail industry Fashion consciousness and increasing tourism drives the luggage and leather goods sector Read More

[222+ Pages Report] The India payment gateway market size is expected to grow from USD 1,632.7 million in 2023 to USD 4,012.3 million by 2032, at a CAGR of 10.5% from 2024-2032

The APAC Payment Gateway Market Report is Segmented by Type (Hosted, Non-Hosted), Enterprise (Small and Medium Enterprise (SME), Large Enterprise), End User (Travel, Retail, BFSI, Media and Entertainment, Other End Users), and Country (China, Japan, India, South Korea, and the Rest of APAC). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

India Cafes And Bars Market size was valued at USD 18 Billion in 2024 and is projected to reach USD 38.58 Billion by 2032, growing at a CAGR of 10% from 2026 to 2032.

Cafes & Bars are establishments primarily engaged in serving food and beverages for on-premise consumption. Cafés offer coffee, tea, and light snacks in a relaxed setting, Furthermore, bars focus more on alcoholic beverages such as beer, wine, and cocktails. They provide a social atmosphere that often includes entertainment like music, television, or live performances. Some bars also serve food, but their primary function is alcohol service and leisure.