Friday, 26 September, 2025
The Drinks Business, Eloise Feilden
Spirits and wine experienced similar rates of growth (up 13% and 12% respectively) in India’s travel retail sector, according to IWSR, while the very small RTD category saw a significant spike in sales via the channel, up 123% in 2024.
Global travel retail (GTR) offers promise to an industry experiencing tough times. IWSR forecasts predict that global alcohol volume sales will be flat between 2024 and 2029. However, travel retail volumes are expected to be in growth, rising 3% over the same period.
At a regional level, sales volumes in Asia’s travel retail sector are set to grow at a rate of 4% in the same five-year period.
And Indian consumers are poised to increase their purchasing in the channel. Indian passenger numbers will grow by 50% over the next five years, according to the Oxford Economics Air Passenger Forecast published in June.
To read the full article, click HERE.