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The watch market is forecasted to grow by USD 7.73 billion during 2023-2028, accelerating at a CAGR of 2.09% during the forecast period. The report on the watch market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for premium watches, celebrity endorsement, and growing number of fashion-conscious consumers.
The watch market is segmented as below:
By Product
- Quartz
- Mechanical
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the watch market covers the following areas:
- Watch market sizing
- Watch market forecast
- Watch market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global watch market: ASOROCK Watches LLC, Breitling SA, CASIO Computer Co. Ltd., Citizen Watch Co. Ltd., Compagnie Financiere Richemont SA, Daniel Wellington AB, DIFFUSIONE ITALIANA PREZIOSI S.P.A, Fossil Group Inc., Le petit fils de L.U. Chopard and Cie SA, LVMH Group., Magnus Brand, Movado Group Inc, Patek Philippe SA, Ralph Lauren Corp., Rolex SA, Seiko Holdings Corp., SUED Watches, Talley and Twine Watches LLC, The Swatch Group Ltd., and Titan Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is enhanced vendor engagement through social media and other entertainment channels."
According to the report, one of the major drivers for this market is the rising demand for premium watches.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ASOROCK Watches LLC
- Breitling SA
- CASIO Computer Co. Ltd.
- Citizen Watch Co. Ltd.
- Compagnie Financiere Richemont SA
- Daniel Wellington AB
- DIFFUSIONE ITALIANA PREZIOSI S.P.A
- Fossil Group Inc.
- Le petit fils de L.U. Chopard and Cie SA
- LVMH Group.
- Magnus Brand
- Movado Group Inc
- Patek Philippe SA
- Ralph Lauren Corp.
- Rolex SA
- Seiko Holdings Corp.
- SUED Watches
- Talley and Twine Watches LLC
- The Swatch Group Ltd.
- Titan Co. Ltd.
