Cambodia: Sector hopeful about growth of duty-free

• Nov 17, 2017

The Cambodian duty-free retail market is projected to expand to $36.28 million by the end of 2022, a noticeable jump from its value of $24.57 million last year, according to a new report titled Cambodia Duty Free Retailing Market 2017-2022 published by Aarkstore Enterprise yesterday.

The report predicted that the compound annual growth rate over the next six years for duty-free retail would reach 8.11 percent. While there are more than ten major players in the global duty-free retail market, Cambodia only has three retailers including Swiss-based Dufry, China Duty Free Group and the French multinational LVMH.

Source: http://www.phnompenhpost.com/business/sector-hopeful-about-growth-duty-free