Watch Market
Watch Market Analysis by Analog Watches, Smartwatches, Chronograph Watches, and Digital Watches from 2023 to 2033
Analysis of Watch Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Watch Market Outlook (2023 to 2033)
The global watch market is predicted to expand at a CAGR of 5.5% and touch a valuation of US$ 113 billion by the end of 2033, up from US$ 66 billion in 2023.
A wristwatch has evolved beyond the attached belt with the time dial. It has become a part of a person's personality and fashion culture. Watches were first employed by the military to synchronize activities on the battlefield in the nineteenth century. Since then, technological innovations have taken over, altering the appearance of timepieces.
Consumer spending on health monitoring devices has increased as health awareness among consumers worldwide has risen. As a result of the incorporation of numerous health monitoring capabilities in such watches, sales of smartwatches have surged. Smartwatches include a variety of monitoring functions that allow users to control notifications, music, heartbeat rates, walk tracks, and other functions.
- For example, in 2021, Samsung released a new smartwatch that boasted of monitoring a person's whole body composition, such as BMR, BMI, body fat percentage, bone density, and much more.
Adoption of a healthy lifestyle and a desire to stay active have raised consumer participation in numerous sports activities.
Due to their extensive monitoring features, smart sports fitness trackers are becoming increasingly popular among runners, cyclists, swimmers, and fitness-conscious customers. Furthermore, rising government programs in various countries aimed at increasing sports participation have played a significant influence in growing the industry in recent years.
- For example, the Sports Authority of India (SAI) developed the Khelo India Girls League with technical and organizational help from the AIFF (All India Football Federation).
As a result of the growing rate of female involvement in sports, market players have also created sports watches specifically intended for women to encourage them to participate in sports and lead active and healthy lifestyles.
Heart rate monitor watches witnessed significant demand amid the COVID-19 pandemic. During the pandemic, several market players improved and introduced products to identify early COVID-19 symptoms in individuals.
- For example, Apple Inc. released the Apple Watch Series 7 in September 2021, which includes heart rate and blood oxygen sensors to identify early indicators of respiratory illnesses such as influenza and COVID-19.
These factors raised the demand for smartwatches, propelling the global market forward. Moreover, popular businesses, including Fitbit, Apple Inc, and Fossil Group Inc, are launching innovative products year after year to stay competitive in this lucrative market.
| Report Attributes | Details |
|---|---|
| Watch Market Size in 2023 | US$ 66 billion |
| Projected Market Value (2033) | US$ 113 billion |
| Global Market Growth Rate (2023 to 2033) | 5.5% CAGR |
| Asia Pacific Market Share (2033) | >50% |
| Leading Distribution Channel | Offline Retail Stores |
| Key Companies Profiled | Seiko Holdings Corporation; Compagnie Financière Richemont SA; The Swatch Group; Rolex; Casio; Fossil Group Inc; Citizen Watch Co. Ltd; Movado Group IncSeiko HoldSeiko Holdings Corporation; Compagnie Financière Richemont SA; The Swatch Group; Rolex; Casio; Fossil Group Inc; Citizen Watch Co. Ltd; Movado Group Inc; Ralph Lauren Corpings Corporation; Compagnie Financière Richemont SA; The Swatch Group; Rolex; Casio; Fossil Group Inc; Citizen Watch Co. Ltd; Movado Group Inc; Ralph Lauren Corp; Ralph Lauren Corp |
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Why is Demand for Watches Growing at a Brisk Pace?
“Increasing Disposable Income across the World”
Growing disposable income in both developed and emerging countries is driving the sales of smart and luxury watches. Luxury is no longer exclusive to affluent countries but is increasingly gaining popularity, especially in emerging countries in Asia Pacific.
Watches are deemed fashion accessories in India; therefore, buyers are turning away from traditional timepieces and toward premium brands with new designs. The rising disposable income of Indian consumers is propelling the market for luxury watches and mid-priced watches throughout the country.
- As per World Bank estimates, India's GDP per capita in 2021 was up 17.61% from 2020.
The increasing female workforce is also raising the demand for mid-range and premium watches. Women have been seen to be more interested in upgrading their timepieces than males, which is prompting companies to increase their product range for the women's market.
“Celebrity Endorsements Driving Sales of Watches”
Companies selling watches use ads and product promotion by influential public personalities to promote their unique brands and drive sales.
- For example, in July 2022, TAGG, an Indian native watch manufacturer, showed Rohit Sharma, the Captain of the Indian cricket team, wearing a TAGG smartwatch in their commercial print campaign.
- Likewise, the well-known Indian brand "Boat" features cricketers such as K L Rahul and others to market their wearables, which include smartwatches.
“Start-ups Focusing on Technologically Advanced Smartwatches”
Many start-ups are focusing on introducing technologically advanced smartwatches to compete with established players and gain market share.
- For example, Skeeter, a Swiss start-up, makes a smartwatch for voice dictation that records and converts everything for physicians. The AI-based smartwatch records 8 hours each day, includes a web app, integrates with EHR, and all data is protected end to end.
- Hospitals waste a large portion of their resources due to bureaucracy; however, using Skeeter, time spent on management and administrative tasks can be decreased, and doctors' schedules can be improved by spending more time with patients. Cutting-edge technologies, such as smart wearables, enable healthcare providers to put patients at the center of services, allowing practitioners to focus on their primary responsibilities.
Country-wise Insights
Which Countries are Supporting Asia Pacific's Dominance in the Global Market?
“China, South Korea, India, and Japan – Key Pillars of Regional Market”
As per Fact.MR, a market research and competitive intelligence provider, Asia Pacific is expected to hold 52% of the worldwide market for watches during the forecast period. The demand for watches is rapidly growing in the region owing to a huge millennial population base that is fashion savvy and has the spending power to make purchases.
Mid-priced watches are exhibiting strong demand growth in the region due to increased expectations among consumers who previously purchased simple timepieces and are now eager to upgrade to mid-range watches. Also, customers in emerging markets who are young and entering the workforce are turning out to be a new client base for mid-priced and luxury watches since they want to buy stylish watches with a solid brand reputation.
China, South Korea, India, and Japan are significantly supporting the regional market growth as a result of robust economic conditions, a rising female workforce, constantly changing fashion trends, and shifting customer tastes and preferences in these countries. Furthermore, rising disposable income in China, India, South Korea, and Japan is raising the sales of mid-priced and luxury watches.
Which is the Most Popular Type of Watch in the United States?
“Smartwatches Gaining Immense Popularity in the Country”
North America is making a substantial contribution to the worldwide market. The demand for smartwatches is increasing exponentially in the United States. Apple, Inc.'s smartwatch series' popularity has played a big role in increasing demand for smartwatches in the United States.
Early availability of newly announced items, as well as strong acceptance of technology, have been key market driving factors. Furthermore, the proliferation of connected gadgets and the incorporation of IoT in smartwatches, which increases user convenience, is contributing to rising sales in the country.
What is Germany's and United Kingdom's Role in the European Market?
“Germany and United Kingdom to Play Major Roles in Regional Market Growth”
Europe is witnessing considerable growth in the worldwide market due to the presence of global giants such as Audemars Piguet, Rolex, A. Lange & Söhne, and others. The United Kingdom and Germany are playing major roles in the regional market due to growing sales of mid-priced and luxury watches.
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Category-wise Insights
Why Do Most Customers Prefer Buying from Offline Retail Stores?
“Ability to Physical Check Products and Compare”
Offline retail stores are projected to lead the global market during the forecast period. Retail outlets, such as hypermarkets and specialized shops, have traditionally been the favored model of purchase since they allow customers to physically view and inspect the watch before purchasing. Retail establishments reward customer loyalty and frequently give discounts, making them excellent for customers.
Online retail stores are expected to experience significant growth over the next ten years. The flourishing global e-Commerce business has expanded the reach of many companies into new markets. Online businesses frequently have more brands and models than brick-and-mortar establishments. The convenience of online shopping and services such as same-day delivery is projected to be important drivers of the online market.
Competitive Landscape
Key players in the watch market are pursuing tactics such as collaborations, investments, and technological innovations to grow and fortify their overseas footprint.
- Casio released a G-shock watch with complete metal, solar tough, alarm, Bluetooth, and a slew of other functions in July 2022. The watch is similar to the Royal Oak watch.
- The Swatch Group Ltd revealed a collaboration between two of its brands, Omega and Swatch, to introduce its new product, Bioceramic MoonSwatch, in March 2022. All designs in the collection are made of Swatch's unique Bioceramic, a material composed of one-third castor oil and two-thirds ceramic.
- Presage, a Seiko Holdings Corporation brand, introduced a new feminine collection in the form of three automatic watches with enamel dials in December 2021. The first in a collection is a limited edition with a dial designed to look like a crescent moon on a winter night. All three dials were designed by Mitsuru Yokosawa and his team of talented craftsmen. Yokosawa has been designing enamel dials for Seiko for a decade, and his work can already be seen on a variety of Presage watches.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments of Watch Industry Research
-
By Type :
- Analog Watches
- Smartwatches
- Chronograph Watches
- Digital Watches
-
By Category :
- Quartz Watches
- Mechanical Watches
- Electronic Watches
-
By Price Range :
- Low Range
- Mid-Range
- Luxury
-
By Distribution Channel :
- Offline Retail Stores
- Online Retail Stores
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Pricing Analysis
- 5. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033)
- 6. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Type
- 6.1. Analog Watches
- 6.2. Smartwatches
- 6.3. Chronograph Watches
- 6.4. Digital Watches
- 7. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Category
- 7.1. Quartz Watches
- 7.2. Mechanical Watches
- 7.3. Electronic Watches
- 8. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Price Range
- 8.1. Low Range
- 8.2. Mid-Range
- 8.3. Luxury
- 9. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Distribution Channel
- 9.1. Self-driven
- 9.2. Offline Retail Stores
- 9.3. Online Retail Stores
- 10. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Region
- 10.1. North America
- 10.2. Europe
- 10.3. East Asia
- 10.4. South Asia
- 10.5. Latin America
- 10.6. Middle East & Africa (MEA)
- 10.7. Oceania
- 11. North America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia Market Analysis and Forecast
- 15. Latin America Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Oceania Market Analysis and Forecast
- 18. Global Market Analysis Key Countries
- 19. Competition Landscape
- 20. Competition Analysis
- 20.1. Seiko Holdings Corporation
- 20.2. Compagnie Financière Richemont SA
- 20.3. The SGroup
- 20.4. Rolex
- 20.5. Casio
- 20.6. Fossil Group Inc
- 20.7. Citizen Co. Ltd
- 20.8. Movado Group Inc
- 20.9. Ralph Lauren Corp
- 21. Appendix
- 22. Definitions of Analytical Frameworks
- 23. Sources and References
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List Of Table
Table 01: Global Market by Type, 2018 to 2033
Table 02: Global Market Value (US$ Mn), by Type, 2018 to 2033
Table 03: Global Market by Category, 2018 to 2033
Table 04: Global Market Value (US$ Mn), by Category, 2018 to 2033
Table 05: Global Market by Price Range, 2018 to 2033
Table 06: Global Market Value (US$ Mn), by Price Range, 2018 to 2033
Table 07: Global Market by Distribution Channel, 2018 to 2033
Table 08: Global Market Value (US$ Mn), by Distribution Channel, 2018 to 2033
Table 09: Global Market by Region, 2018 to 2033
Table 10: Global Market Value (US$ Mn), by Region, 2018 to 2033
Table 11: North America Market by Type, 2018 to 2033
Table 12: North America Market Value (US$ Mn), by Type, 2018 to 2033
Table 13: North America Market by Category, 2018 to 2033
Table 14: North America Market Value (US$ Mn), by Category, 2018 to 2033
Table 15: North America Market by Price Range, 2018 to 2033
Table 16: North America Market Value (US$ Mn), by Price Range, 2018 to 2033
Table 17: North America Market by Distribution Channel, 2018 to 2033
Table 18: North America Market Value (US$ Mn), by Distribution Channel, 2018 to 2033
Table 19: North America Market by Country, 2018 to 2033
Table 20: North America Market Value (US$ Mn), by Country, 2018 to 2033
Table 21: Europe Market by Type, 2018 to 2033
Table 22: Europe Market Value (US$ Mn), by Type, 2018 to 2033
Table 23: Europe Market by Category, 2018 to 2033
Table 24: Europe Market Value (US$ Mn), by Category, 2018 to 2033
Table 25: Europe Market by Price Range, 2018 to 2033
Table 26: Europe Market Value (US$ Mn), by Price Range, 2018 to 2033
Table 27: Europe Market by Distribution Channel, 2018 to 2033
Table 28: Europe Market Value (US$ Mn), by Distribution Channel, 2018 to 2033
Table 29: Europe Market by Country, 2018 to 2033
Table 30: Europe Market Value (US$ Mn), by Country, 2018 to 2033
Table 31: East Asia Market by Type, 2018 to 2033
Table 32: East Asia Market Value (US$ Mn), by Type, 2018 to 2033
Table 33: East Asia Market by Category, 2018 to 2033
Table 34: East Asia Market Value (US$ Mn), by Category, 2018 to 2033
Table 35: East Asia Market by Price Range, 2018 to 2033
Table 36: East Asia Market Value (US$ Mn), by Price Range, 2018 to 2033
Table 37: East Asia Market by Distribution Channel, 2018 to 2033
Table 38: East Asia Market Value (US$ Mn), by Distribution Channel, 2018 to 2033
Table 39: East Asia Market by Country, 2018 to 2033
Table 40: East Asia Market Value (US$ Mn), by Country, 2018 to 2033
Table 41: South Asia Market by Type, 2018 to 2033
Table 42: South Asia Market Value (US$ Mn), by Type, 2018 to 2033
Table 43: South Asia Market by Category, 2018 to 2033
Table 44: South Asia Market Value (US$ Mn), by Category, 2018 to 2033
Table 45: South Asia Market by Price Range, 2018 to 2033
Table 46: South Asia Market Value (US$ Mn), by Price Range, 2018 to 2033
Table 47: South Asia Market by Distribution Channel, 2018 to 2033
Table 48: South Asia Market Value (US$ Mn), by Distribution Channel, 2018 to 2033
Table 49: South Asia Market by Country, 2018 to 2033
Table 50: South Asia Market Value (US$ Mn), by Country, 2018 to 2033
Table 51: Latin America Market by Type, 2018 to 2033
Table 52: Latin America Market Value (US$ Mn), by Type, 2018 to 2033
Table 53: Latin America Market by Category, 2018 to 2033
Table 54: Latin America Market Value (US$ Mn), by Category, 2018 to 2033
Table 55: Latin America Market by Price Range, 2018 to 2033
Table 56: Latin America Market Value (US$ Mn), by Price Range, 2018 to 2033
Table 57: Latin America Market by Distribution Channel, 2018 to 2033
Table 58: Latin America Market Value (US$ Mn), by Distribution Channel, 2018 to 2033
Table 59: Latin America Market by Country, 2018 to 2033
Table 60: Latin America Market Value (US$ Mn), by Country, 2018 to 2033
Table 61: Middle East and Africa Market by Type, 2018 to 2033
Table 62: Middle East and Africa Market Value (US$ Mn), by Type, 2018 to 2033
Table 63: Middle East and Africa Market by Category, 2018 to 2033
Table 64: Middle East and Africa Market Value (US$ Mn), by Category, 2018 to 2033
Table 65: Middle East and Africa Market by Price Range, 2018 to 2033
Table 66: Middle East and Africa Market Value (US$ Mn), by Price Range, 2018 to 2033
Table 67: Middle East and Africa Market by Distribution Channel, 2018 to 2033
Table 68: Middle East and Africa Market Value (US$ Mn), by Distribution Channel, 2018 to 2033
Table 69: Middle East and Africa Market by Country, 2018 to 2033
Table 70: Middle East and Africa Market Value (US$ Mn), by Country, 2018 to 2033
Table 71: Oceania Market by Type, 2018 to 2033
Table 72: Oceania Market Value (US$ Mn), by Type, 2018 to 2033
Table 73: Oceania Market by Category, 2018 to 2033
Table 74: Oceania Market Value (US$ Mn), by Category, 2018 to 2033
Table 75: Oceania Market by Price Range, 2018 to 2033
Table 76: Oceania Market Value (US$ Mn), by Price Range, 2018 to 2033
Table 77: Oceania Market by Distribution Channel, 2018 to 2033
Table 78: Oceania Market Value (US$ Mn), by Distribution Channel, 2018 to 2033
Table 79: Oceania Market by Country, 2018 to 2033
Table 80: Oceania Market Value (US$ Mn), by Country, 2018 to 2033
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List Of Figures
Fig 01: Global Market Value (US$) and Y-o-Y Growth, 2018 to 2033
Fig 02: Global Absolute $ Historical Market (2018 to 2022) and Absolute $ Opportunity (2023 to 2033), US$ Mn
Fig 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Fig 04: Global Market Incremental $ Opportunity (US$ Thousand), 2023 to 2033
Fig 05: Global Market Share, By Type – 2023 to 2033
Fig 06: Global Market Y-o-Y Growth Projections, By Type – 2023 to 2033
Fig 07: Global Market Attractiveness Index, By Type – 2023 to 2033
Fig 08: Global Market Share, By Category – 2023 to 2033
Fig 09: Global Market Y-o-Y Growth Projections, By Category – 2023 to 2033
Fig 10: Global Market Attractiveness Index, By Category – 2023 to 2033
Fig 11: Global Market Share, By Price Range – 2023 to 2033
Fig 12: Global Market Y-o-Y Growth Projections, By Price Range – 2023 to 2033
Fig 13: Global Market Attractiveness Index, By Price Range – 2023 to 2033
Fig 14: Global Market Share, By Distribution Channel – 2023 to 2033
Fig 15: Global Market Y-o-Y Growth Projections, By Distribution Channel – 2023 to 2033
Fig 16: Global Market Attractiveness Index, By Distribution Channel – 2023 to 2033
Fig 17: Global Market Share, by Region – 2023 to 2033
Fig 18: Global Market Y-o-Y Growth Projections, by Region – 2023 to 2033
Fig 19: Global Market Attractiveness Index, by Region – 2023 to 2033
Fig 20: Y-o-Y Growth Comparison of Market: North America Vs North America Countries Vs North America Average
Fig 21: North America Market Share, By Type – 2023 to 2033
Fig 22: North America Market Y-o-Y Growth Projections, By Type – 2023 to 2033
Fig 23: North America Market Attractiveness Index, By Type – 2023 to 2033
Fig 24: North America Market Share, By Category – 2023 to 2033
Fig 25: North America Market Y-o-Y Growth Projections, By Category – 2023 to 2033
Fig 26: North America Market Attractiveness Index, By Category – 2023 to 2033
Fig 27: North America Market Share, By Price Range – 2023 to 2033
Fig 28: North America Market Y-o-Y Growth Projections, By Price Range – 2023 to 2033
Fig 29: North America Market Attractiveness Index, By Price Range – 2023 to 2033
Fig 30: North America Market Share, By Distribution Channel – 2023 to 2033
Fig 31: North America Market Y-o-Y Growth Projections, By Distribution Channel – 2023 to 2033
Fig 32: North America Market Attractiveness Index, By Distribution Channel – 2023 to 2033
Fig 33: North America Market Share, By Country – 2023 to 2033
Fig 34: North America Market Y-o-Y Growth Projections, By Country – 2023 to 2033
Fig 35: North America Market Attractiveness Index, By Country – 2023 to 2033
Fig 36: Y-o-Y Growth Comparison of Market: Europe Vs Europe Countries Vs Europe Average
Fig 37: Europe Market Share, By Type – 2023 to 2033
Fig 38: Europe Market Y-o-Y Growth Projections, By Type – 2023 to 2033
Fig 39: Europe Market Attractiveness Index, By Type – 2023 to 2033
Fig 40: Europe Market Share, By Category – 2023 to 2033
Fig 41: Europe Market Y-o-Y Growth Projections, By Category – 2023 to 2033
Fig 42: Europe Market Attractiveness Index, By Category – 2023 to 2033
Fig 43: Europe Market Share, By Price Range – 2023 to 2033
Fig 44: Europe Market Y-o-Y Growth Projections, By Price Range – 2023 to 2033
Fig 45: Europe Market Attractiveness Index, By Price Range – 2023 to 2033
Fig 46: Europe Market Share, By Distribution Channel – 2023 to 2033
Fig 47: Europe Market Y-o-Y Growth Projections, By Distribution Channel – 2023 to 2033
Fig 48: Europe Market Attractiveness Index, By Distribution Channel – 2023 to 2033
Fig 49: Europe Market Share, By Country – 2023 to 2033
Fig 50: Europe Market Y-o-Y Growth Projections, By Country – 2023 to 2033
Fig 51: Europe Market Attractiveness Index, By Country – 2023 to 2033
Fig 52: Y-o-Y Growth Comparison of Market: East Asia Vs East Asia Countries Vs East Asia Average
Fig 53: East Asia Market Share, By Type – 2023 to 2033
Fig 54: East Asia Market Y-o-Y Growth Projections, By Type – 2023 to 2033
Fig 55: East Asia Market Attractiveness Index, By Type – 2023 to 2033
Fig 56: East Asia Market Share, By Category – 2023 to 2033
Fig 57: East Asia Market Y-o-Y Growth Projections, By Category – 2023 to 2033
Fig 58: East Asia Market Attractiveness Index, By Category – 2023 to 2033
Fig 59: East Asia Market Share, By Price Range – 2023 to 2033
Fig 60: East Asia Market Y-o-Y Growth Projections, By Price Range – 2023 to 2033
Fig 61: East Asia Market Attractiveness Index, By Price Range – 2023 to 2033
Fig 62: East Asia Market Share, By Distribution Channel – 2023 to 2033
Fig 63: East Asia Market Y-o-Y Growth Projections, By Distribution Channel – 2023 to 2033
Fig 64: East Asia Market Attractiveness Index, By Distribution Channel – 2023 to 2033
Fig 65: East Asia Market Share, By Country – 2023 to 2033
Fig 66: East Asia Market Y-o-Y Growth Projections, By Country – 2023 to 2033
Fig 67: East Asia Market Attractiveness Index, By Country – 2023 to 2033
Fig 68: Y-o-Y Growth Comparison of Market: South Asia Vs South Asia Countries Vs South Asia Average
Fig 69: South Asia Market Share, By Type – 2023 to 2033
Fig 70: South Asia Market Y-o-Y Growth Projections, By Type – 2023 to 2033
Fig 71: South Asia Market Attractiveness Index, By Type – 2023 to 2033
Fig 72: South Asia Market Share, By Category – 2023 to 2033
Fig 73: South Asia Market Y-o-Y Growth Projections, By Category – 2023 to 2033
Fig 74: South Asia Market Attractiveness Index, By Category – 2023 to 2033
Fig 75: South Asia Market Share, By Price Range – 2023 to 2033
Fig 76: South Asia Market Y-o-Y Growth Projections, By Price Range – 2023 to 2033
Fig 77: South Asia Market Attractiveness Index, By Price Range – 2023 to 2033
Fig 78: South Asia Market Share, By Distribution Channel – 2023 to 2033
Fig 78: South Asia Market Y-o-Y Growth Projections, By Distribution Channel – 2023 to 2033
Fig 80: South Asia Market Attractiveness Index, By Distribution Channel – 2023 to 2033
Fig 81: South Asia Market Share, By Country – 2023 to 2033
Fig 82: South Asia Market Y-o-Y Growth Projections, By Country – 2023 to 2033
Fig 83: South Asia Market Attractiveness Index, By Country – 2023 to 2033
Fig 84: Y-o-Y Growth Comparison of Market: Latin America Vs Latin America Countries Vs Latin America Average
Fig 85: Latin America Market Share, By Type – 2023 to 2033
Fig 86: Latin America Market Y-o-Y Growth Projections, By Type – 2023 to 2033
Fig 87: Latin America Market Attractiveness Index, By Type – 2023 to 2033
Fig 88: Latin America Market Share, By Category – 2023 to 2033
Fig 89: Latin America Market Y-o-Y Growth Projections, By Category – 2023 to 2033
Fig 90: Latin America Market Attractiveness Index, By Category – 2023 to 2033
Fig 91: Latin America Market Share, By Price Range – 2023 to 2033
Fig 92: Latin America Market Y-o-Y Growth Projections, By Price Range – 2023 to 2033
Fig 93: Latin America Market Attractiveness Index, By Price Range – 2023 to 2033
Fig 94: Latin America Market Share, By Distribution Channel – 2023 to 2033
Fig 95: Latin America Market Y-o-Y Growth Projections, By Distribution Channel – 2023 to 2033
Fig 96: Latin America Market Attractiveness Index, By Distribution Channel – 2023 to 2033
Fig 97: Latin America Market Share, By Country – 2023 to 2033
Fig 98: Latin America Market Y-o-Y Growth Projections, By Country – 2023 to 2033
Fig 99: Latin America Market Attractiveness Index, By Country – 2023 to 2033
Fig 100: Y-o-Y Growth Comparison of Market: MEA Vs MEA Countries Vs MEA Average
Fig 101: MEA Market Share, By Type – 2023 to 2033
Fig 102: MEA Market Y-o-Y Growth Projections, By Type – 2023 to 2033
Fig 103: MEA Market Attractiveness Index, By Type – 2023 to 2033
Fig 104: MEA Market Share, By Category – 2023 to 2033
Fig 105: MEA Market Y-o-Y Growth Projections, By Category – 2023 to 2033
Fig 106: MEA Market Attractiveness Index, By Category – 2023 to 2033
Fig 107: MEA Market Share, By Price Range – 2023 to 2033
Fig 108: MEA Market Y-o-Y Growth Projections, By Price Range – 2023 to 2033
Fig 109: MEA Market Attractiveness Index, By Price Range – 2023 to 2033
Fig 110: MEA Market Share, By Distribution Channel – 2023 to 2033
Fig 111: MEA Market Y-o-Y Growth Projections, By Distribution Channel – 2023 to 2033
Fig 112: MEA Market Attractiveness Index, By Distribution Channel – 2023 to 2033
Fig 113: MEA Market Share, By Country – 2023 to 2033
Fig 114: MEA Market Y-o-Y Growth Projections, By Country – 2023 to 2033
Fig 115: MEA Market Attractiveness Index, By Country – 2023 to 2033
Fig 116: Y-o-Y Growth Comparison of Market: Oceania Vs Oceania Countries Vs Oceania Average
Fig 117: Oceania Market Share, By Type – 2023 to 2033
Fig 118: Oceania Market Y-o-Y Growth Projections, By Type – 2023 to 2033
Fig 119: Oceania Market Attractiveness Index, By Type – 2023 to 2033
Fig 120: Oceania Market Share, By Category – 2023 to 2033
Fig 121: Oceania Market Y-o-Y Growth Projections, By Category – 2023 to 2033
Fig 122: Oceania Market Attractiveness Index, By Category – 2023 to 2033
Fig 123: Oceania Market Share, By Price Range – 2023 to 2033
Fig 124: Oceania Market Y-o-Y Growth Projections, By Price Range – 2023 to 2033
Fig 125: Oceania Market Attractiveness Index, By Price Range – 2023 to 2033
Fig 126: Oceania Market Share, By Distribution Channel – 2023 to 2033
Fig 127: Oceania Market Y-o-Y Growth Projections, By Distribution Channel – 2023 to 2033
Fig 128: Oceania Market Attractiveness Index, By Distribution Channel – 2023 to 2033
Fig 129: Oceania Market Share, By Country – 2023 to 2033
Fig 130: Oceania Market Y-o-Y Growth Projections, By Country – 2023 to 2033
Fig 131: Oceania Market Attractiveness Index, By Country – 2023 to 2033
Fig 132: United States Market share by Type, 2022
Fig 133: United States Market share by Category, 2022
Fig 134: United States Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 135: United States Market Share by Distribution Channel, 2022
Fig 136: Canada Market share by Type, 2022
Fig 137: Canada Market share by Category, 2022
Fig 138: Canada Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 139: Canada Market Share by Distribution Channel, 2022
Fig 140: Germany Market share by Type, 2022
Fig 141: Germany Market share by Category, 2022
Fig 142: Germany Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 143: Germany Market Share by Distribution Channel, 2022
Fig 144: United Kingdom Market share by Type, 2022
Fig 145: United Kingdom Market share by Category, 2022
Fig 146: United Kingdom Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 147: United Kingdom Market Share by Distribution Channel, 2022
Fig 148: France Market share by Type, 2022
Fig 149: France Market share by Category, 2022
Fig 150: France Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 151: France Market Share by Distribution Channel, 2022
Fig 152: Russia Market share by Type, 2022
Fig 153: Russia Market share by Category, 2022
Fig 154: Russia Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 155: Russia Market Share by Distribution Channel, 2022
Fig 156: Spain Market share by Type, 2022
Fig 157: Spain Market share by Category, 2022
Fig 158: Spain Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 159: Spain Market Share by Distribution Channel, 2022
Fig 160: Italy Market share by Type, 2022
Fig 161: Italy Market share by Category, 2022
Fig 162: Italy Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 163: Italy Market Share by Distribution Channel, 2022
Fig 164: China Market share by Type, 2022
Fig 165: China Market share by Category, 2022
Fig 166: China Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 167: China Market Share by Distribution Channel, 2022
Fig 168: Japan Market share by Type, 2022
Fig 169: Japan Market share by Category, 2022
Fig 170: Japan Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 171: Japan Market Share by Distribution Channel, 2022
Fig 172: South Korea Market share by Type, 2022
Fig 173: South Korea Market share by Category, 2022
Fig 174: South Korea Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 175: South Korea Market Share by Distribution Channel, 2022
Fig 176: India Market share by Type, 2022
Fig 177: India Market share by Category, 2022
Fig 178: India Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 179: India Market Share by Distribution Channel, 2022
Fig 180: Singapore Market share by Type, 2022
Fig 181: Singapore Market share by Category, 2022
Fig 182: Singapore Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 183: Singapore Market Share by Distribution Channel, 2022
Fig 184: Indonesia Market share by Type, 2022
Fig 185: Indonesia Market share by Category, 2022
Fig 186: Indonesia Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 187: Indonesia Market Share by Distribution Channel, 2022
Fig 188: Thailand Market share by Type, 2022
Fig 189: Thailand Market share by Category, 2022
Fig 190: Thailand Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 191: Thailand Market Share by Distribution Channel, 2022
Fig 192: Brazil Market share by Type, 2022
Fig 193: Brazil Market share by Category, 2022
Fig 194: Brazil Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 195: Brazil Market Share by Distribution Channel, 2022
Fig 196: Mexico Market share by Type, 2022
Fig 197: Mexico Market share by Category, 2022
Fig 198: Mexico Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 199: Mexico Market Share by Distribution Channel, 2022
Fig 200: Turkey Market share by Type, 2022
Fig 201: Turkey Market share by Category, 2022
Fig 202: Turkey Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 203: Turkey Market Share by Distribution Channel, 2022
Fig 204: GCC Countries Market share by Type, 2022
Fig 205: GCC Countries Market share by Category, 2022
Fig 206: GCC Countries Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 207: GCC Countries Market Share by Distribution Channel, 2022
Fig 208: South Africa Market share by Type, 2022
Fig 209: South Africa Market share by Category, 2022
Fig 210: South Africa Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 211: South Africa Market Share by Distribution Channel, 2022
Fig 212: Australia Market share by Type, 2022
Fig 213: Australia Market share by Category, 2022
Fig 214: Australia Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 215: Australia Market Share by Distribution Channel, 2022
Fig 216: New Zealand Market share by Type, 2022
Fig 217: New Zealand Market share by Category, 2022
Fig 218: New Zealand Market Value (US$ Mn) and Forecast 2023 to 2033
Fig 219: New Zealand Market Share by Distribution Channel, 2022
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the global watch market in 2023?
The global watch market amounted to US$ 66 billion in 2023.
What is the predicted CAGR for the watch market during the forecast period (2023 to 2033)?
Worldwide demand for watches is expected to increase at a CAGR of 5.5% from 2023 to 2033.
What is the projected market size for 2033?
The global watch market is anticipated to reach US$ 113 billion by 2033.
What market share is Asia Pacific predicted to enjoy by 2033?
Asia Pacific is predicted to account for over 5% share of the worldwide market by 2033.
Which are the top companies manufacturing watches?
Seiko Holdings Corporation, Compagnie Financière Richemont SA, The Swatch Group, Rolex, Casio, Fossil Group Inc, Casio Computer Co. Ltd, Citizen Watch Co. Ltd, Movado Group Inc., Ralph Lauren Corp are leading watch manufacturers.
Watch Market