KNOWLEDGE
APTRA builds and expands industry knowledge by offering our members high quality, meaningful research reports. Commissioned by APTRA, research is conducted on current
topics of interest allowing members to benefit from having access to these reports in the APTRA Knowledge Bank.
Economic Impact Report – A First For Asia Pacific
In conjunction with Duty Free World Council (DFWC), APTRA commissioned the region’s first Economic Impact of Duty Free & Travel Retail Report in Asia Pacific.
This strategic document is the third in a series of economic impact studies initiated by the DFWC and offers insights to support commercial growth strategies for Asia Pacific. Its dual purpose means it adds value commercial discussions to your business, and it helps APTRA defend the industry, as we are now able to quote socio-economic data and the importance of Travel Retail as a direct provider of 140,000 jobs in Asia Pacific when discussing regulatory impact on duty free. It is therefore fundamental to our advocacy mission and the way in which we can represent our members to regional policy makers.
The Economic Impact of Duty Free and Travel Retail Report is set to be a significant stakeholder engagement tool for APTRA over the next three years. It is imperative that we speak to policy makers and regulatory bodies with a holistic socio-economic argument surrounding jobs and revenue opportunity in totality. It gives huge weight to our cause for curtailing disproportionate regulations that are designed for domestic markets but could be harmful to Duty Free if enforced fully. This report underpins the critical importance of our industry in generating and sustaining GDP, especially in emerging economies, and provides a robust positive argument in the ever-changing regulatory landscape of Duty Free and Travel Retail in the region.
Economic Impact of Duty Free and Travel Retail Report is available to all APTRA members
Image courtesy of Changi Airport
We are here to help businesses grow in this highly dynamic Travel Retail industry. Our mission is underpinned by three strategic pillars – knowledge, networking, and advocacy.
APTRA provides our members with valuable insight, knowledge and resources to fuel the business growth of our members. We commission world class research into the dynamics driving the industry, including for example, the latest developments in consumer and market trends across Asia. All members have exclusive access to our research library we call the Knowledge Bank.
Travel Retail is an industry that thrives on personal interaction. The APTRA Network is designed to enhance connections, forging business relationships that help everyone grow.
As an impartial voice, we support the industry in advocating on behalf of Travel Retail businesses. Our members and stakeholders engage us as their regional representative to handle regulatory issues affecting their businesses.