China Duty Free Group had a turnover amounting to approximately 7.4 billion euros in 2022. The company has expanded considerably since 2013, when the company accounted for an annual turnover of roughly 800 million euros. The Group was one of the few companies that managed to increase its turnover despite the impact of the coronavirus (COVID-19) pandemic. This resulted in China Duty Free Group becoming by far the largest travel retailer in the world.
Turnover of China Duty Free Group worldwide from 2013 to 2022
(in million euros)
The source adds that the figures are those from company reports and their own estimates, including some alternative online and wholesale figures. They also other revenue sources such as F&B, which was important in the case of Lagardère Travel Retail and others.
The source also states that the figures are measured by annualized turnover and converted at December 31, 2022 rates to a single currency, namely the Euro.
Data prior to 2022 has been taken from previous editions of the publication.
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The Moodie Davitt Report. (August 23, 2023). Turnover of China Duty Free Group worldwide from 2013 to 2022 (in million euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1035468/global-turnover-of-china-duty-free-group/
The Moodie Davitt Report. "Turnover of China Duty Free Group worldwide from 2013 to 2022 (in million euros)." Chart. August 23, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1035468/global-turnover-of-china-duty-free-group/
The Moodie Davitt Report. (2023). Turnover of China Duty Free Group worldwide from 2013 to 2022 (in million euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1035468/global-turnover-of-china-duty-free-group/
The Moodie Davitt Report. "Turnover of China Duty Free Group Worldwide from 2013 to 2022 (in Million Euros)." Statista, Statista Inc., 23 Aug 2023, https://www.statista.com/statistics/1035468/global-turnover-of-china-duty-free-group/
The Moodie Davitt Report, Turnover of China Duty Free Group worldwide from 2013 to 2022 (in million euros) Statista, https://www.statista.com/statistics/1035468/global-turnover-of-china-duty-free-group/ (last visited November 21, 2024)
Turnover of China Duty Free Group worldwide from 2013 to 2022 (in million euros) [Graph], The Moodie Davitt Report, August 23, 2023. [Online]. Available: https://www.statista.com/statistics/1035468/global-turnover-of-china-duty-free-group/
