Startup Ideas AI

Virtual Reality (VR) Shopping for Travel Retail is a creative and unsolved area of frustration for people today. It allows travelers to virtually shop for duty-free and travel retail products, such as cosmetics, electronics, and souvenirs, from the convenience of their own devices, without the need to physically visit duty-free shops. This eliminates the hassle of carrying heavy shopping bags and saves time during layovers. Market size: The global duty-free and travel retail market size is estimated to be worth $81.6 billion by 2027, with a compound annual growth rate of 8.1%. Tags: Virtual Reality, Travel Retail, Duty-Free, Shopping, Convenience. Country: United States, China, Germany. Industry: Travel and Retail. Category: E-commerce.