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Tax-free shopping: Chinese, US and UHNWI tourists drive growth, Italy top Europe destination
In 2024, tax-free shopping spend in Italy rose by 20%, with a 6.6% 2019-2024 CAGR. US tourists topped the tax-free spending ranking in Italy with a 25% share, followed by Chinese (11%) and Middle Eastern tourists (10%).
In 2024, tax-free shopping spend in Italy rose by 20%, with a 6.6% 2019-2024 CAGR. US tourists topped the tax-free spending ranking in Italy with a 25% share, followed by Chinese (11%) and Middle Eastern tourists (10%).
