This year represented our fourth year as an Exhibitor at TFWA, Asia Pacific, Singapore, May 11-15.
We had a new stand location, C34, a bigger stand, and slightly new design, as we incorporated Taittinger Champagne for the first time.
Once again the show proved to be a great success as we welcomed visitors from all across Asia and from all channels of duty free and travel retail.
We welcomed old friends and made plenty of new ones as we work hard to build our footprint in duty free.
Some interesting facts: Global duty free and travel retail sales reached US$60 billion in 2013. Asia Pacific region accounted for US$22.3 billion, 12% up yr on yr. Global increase was 7.5%. Airport channel accounts for 54% of sales in Asia. Wine and spirits were up 11%. Of the worlds top airports for travel retail sales six are in Asia. Tourism contributed 9% of global GDP in 2012. 230 million of the Worlds population are expatriates; 100 million Chinese are forecast to travel over the next year.
A few facts to get excited about!