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Luxury Timepieces in Malaysia

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    Report

  • 19 Pages
  • December 2021
  • Region: Malaysia
  • Euromonitor International
  • ID: 4030371
Luxury timepieces have experienced a negative impact since the onset of COVID-19 in 2020. The closure of non-essential stores during the first lockdown between 18 March and 4 May 2020 meant jewellery and watch specialist retailers such as Watatime, TAG Heuer and Swiss Watch Gallery, which lead the distribution of luxury timepieces, were forced to cease operations during this time.

The publisher's Luxury Timepieces in Malaysia report offers a comprehensive guide to the size and shape of the Luxury Timepieces market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Timepieces retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Men's Luxury Timepieces, Women's Luxury Timepieces.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Luxury Timepieces market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2021 DEVELOPMENTS
  • Return of famous annual event for luxury timepieces
  • Consumers begin to divert savings made on international travel towards luxury timepieces in 2021
  • Strong price competition for entry-level luxury timepieces and growth in e-commerce

PROSPECTS AND OPPORTUNITIES
  • Rapid growth spike in 2022 after which sales growth slows to more normal levels
  • Industry players increasingly tap into e-commerce, especially for entry-levels brands
  • Aggressive new launches expected once travel restrictions ease and international tourists are able to return to Malaysia

CATEGORY DATA
  • Table 1 Sales of Luxury Timepieces by Category: Value 2016-2021
  • Table 2 Sales of Luxury Timepieces by Category: % Value Growth 2016-2021
  • Table 3 NBO Company Shares of Luxury Timepieces: % Value 2016-2020
  • Table 4 LBN Brand Shares of Luxury Timepieces: % Value 2017-2020
  • Table 5 Distribution of Luxury Timepieces by Format: % Value 2016-2021
  • Table 6 Forecast Sales of Luxury Timepieces by Category: Value 2021-2026
  • Table 7 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2021-2026

LUXURY GOODS IN MALAYSIA
EXECUTIVE SUMMARY
  • Luxury goods in 2021: The big picture
  • 2021 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?

MARKET DATA
  • Table 8 Sales of Luxury Goods by Category: Value 2016-2021
  • Table 9 Sales of Luxury Goods by Category: % Value Growth 2016-2021
  • Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
  • Table 11 NBO Company Shares of Luxury Goods: % Value 2016-2020
  • Table 12 LBN Brand Shares of Luxury Goods: % Value 2017-2020
  • Table 13 Distribution of Luxury Goods by Format and Category: % Value 2021
  • Table 14 Forecast Sales of Luxury Goods by Category: Value 2021-2026
  • Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026

DISCLAIMER
SOURCES
  • Summary 1 Research Sources