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Luxury Timepieces in South Africa

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    Report

  • 17 Pages
  • March 2022
  • Region: South Africa
  • Euromonitor International
  • ID: 4060332
Among other measures, stores selling non-essential goods were closed when the pandemic first emerged in South Africa, negatively impacting sales of luxury timepieces in 2020. Even when these stores reopened, they tend be high contact, and many consumers avoided shopping to reduce the risk of infection whilst testing new products.

This 'Luxury Timepieces in South Africa' 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 2026 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.

The analyst has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, the analyst has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

KEY DATA FINDINGS
2021 DEVELOPMENTS
  • Lower consumer spending impacts demand for luxury timepieces
  • Travel restrictions further restrict demand
  • Second-hand timepieces gain in popularity
PROSPECTS AND OPPORTUNITIES
  • Return to normality will kickstart recovery, albeit at a slow pace
  • The reopening of borders can contribute to improving demand
  • Destination shopping likely to impact local sales
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 SOUTH AFRICA
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