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Watches and Clocks - Global Strategic Business Report

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    Report

  • 795 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 354892
The global market for Watches and Clocks is estimated at US$62.6 Billion in 2023 and is projected to reach US$81.5 Billion by 2030, growing at a CAGR of 3.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Quartz Watches segment, which is expected to reach US$52.5 Billion by 2030 with a CAGR of 2.8%. The Mechanical Watches segment is also set to grow at 4.4% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $12.5 Billion in 2023, and China, forecasted to grow at an impressive 4.5% CAGR to reach $9.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Watches and Clocks Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Watches and Clocks Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Watches and Clocks Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Alpina Watch International SA, Audemars Piguet, Casio Computer Co., Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 329 Featured):

  • Alpina Watch International SA
  • Audemars Piguet
  • Casio Computer Co., Ltd.
  • Timex Group USA
  • Tissot SA
  • Zodiac Watches
  • Tiffany & Company
  • Tag Heuer International SA
  • Rolex SA
  • Rhythm Watch Co.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • An Introduction to Clocks and Watches
  • Clocks
  • Watches
  • Time: An Important Requirement for Mankind Since Time Immemorial
  • Watches & Clocks Market in a Nutshell
  • Global Watches and Clocks Market: Prospects and Outlook
  • Global Watches Market by Price Category (in %) for 2023
  • Luxury Watches and Smartwatches Support Growth of Watches Market
  • Global Swiss Watch Market: Percentage Breakdown of Value and Unit Sales by Material for 2023
  • While Developed Regions Lead Revenue Generation, Developing Regions Emerge as Hot Spots of Future Growth
  • Import Export Data
  • Leading Exporters of Swiss Watches Worldwide Ranked by Export Volume in Units for 2023
  • Leading Watch Importing Nations Worldwide: Ranked by Import Value in US$ Billion for the Year 2023
  • Competitive Landscape
  • Watches: A Highly Competitive Marketplace
  • Top Global Watch Brands
  • Key Competitors in the Luxury Watches Domain
  • Swiss Watches Global Competitor Share Positioning for 2023
  • Smartwatches: Apple Continues to Lead the Market
  • Global Smartwatch Market: Percentage Breakdown of Unit Shipments by Company for 2019
  • Sports & Fitness Watches Market
  • Global Sports Watches Market: Percentage Breakdown of Sales by Leading Companies for 2023
  • Global Swim Watches Market: Percentage Breakdown of Sales by Leading Companies Brand for 2023
  • Social Media Evolves into Core Business Tool for Vendors
  • Watch Brands Expand Presence into Online Retail Channel
  • Mobile e-Commerce: A Game Changer
  • Collaborations on the Rise
  • M&A Activity: Strategy to Expand Business Activities
  • Recent Market Activity
  • Watches and Clocks - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Luxury Watches: A Strong Growth Driver for the Watch Market
  • High Millionaires’ Population Steers Demand for Luxury Watches: Number of Millionaires in Thousands for Select Countries in 2023
  • Luxury Watch Market in the US: Percentage Breakdown of Value Sales by Product for 2019 and 2025
  • Global Luxury Watch Market: Percentage Breakdown of Sales by Distribution Channel for 2023
  • Swiss Watches: The Primary Luxury Watch Category
  • Global Swiss Watch Exports: Percentage Breakdown of Export Value by Region for 2023
  • Global Swiss Watch Exports: Percentage Breakdown of Export Volume and Value by Type for 2023
  • Affluent Millennials Transform Luxury Watches Market
  • Global Millennial Population Facts & Figures: Important Opportunity Indicators
  • Global Millennials Population Spread by Region (in %): 2023
  • Millennial Population as a Percentage (%) of Total Population in Developing Countries: 2023
  • High Potential for High-End Classic Watches Market
  • Pre-owned Luxury Watches Market Witnesses Robust Demand Worldwide
  • Luxury Goods Market: An Opportunity Indicator for Luxury Watch Sales
  • Luxury Goods Sales Worldwide in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Global Personal Luxury Goods Market: Percentage Breakdown of Revenues by Region for the Years 2019 and 2025
  • Global Luxury Goods Market: Percentage Breakdown of Revenues by Product Category for 2023
  • Luxury Brands Differentiate Even in Digital Transition Efforts
  • Popularity of Intelligent Wristwear for Digitally Connected and Mobile Individuals Augurs Well for Smartwatches Market
  • Global Smartwatches Market: Shipments in Million Units for the Years 2019, 2021, 2023 and 2025
  • Growth Drivers & Challenges in a Nutshell
  • A Comparison of Select Popular Smartwatches
  • While Quartz Watches Continue to Lead, Mechanical Watches Market Gradually Gains Momentum
  • Sports Watches: A Niche Segment Thriving on the Rising Importance of Health & Fitness
  • Global Sports Watches Market: Shipments in Million Units for the Years 2017, 2019, 2021 and 2023
  • Popular Sports Watch Models: An Overview
  • Popular GPS-based Sports Watches
  • Vintage Watches: A Lucrative Market with Huge Market Potential
  • Multiple Advantages Offered for Designers in Creating Prototypes Promotes Demand for 3D Printing in Watchmaking
  • NoTable Trends Influencing Watch Designs
  • Growing Appeal of Colors
  • Blue: Bridging Traditional with Modern
  • Green Draws Color Experimentation
  • Return of Two-Tone Watches and Bronze Shade
  • Versatility: An Important Feature
  • Timepieces Become Gender Neutral
  • Retro Style and Small Vintage Watches in Fashion
  • Small Watches Make a Comeback
  • Use of Sophisticated Composites on the Rise
  • Sustainability Gains Importance
  • Classic Three-Hand Watches
  • Watches with Dazzling Gems
  • Favorable Demographic and Economy Trends Strengthen Market Prospects
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050
  • Urbanization Trend Boosts Market Prospects
  • World Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Percentage of Urban Population in Select Countries for 2018, 2020, 2030, 2040 and 2050
  • Improving Standards of Living: A Key Growth Driver
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
  • Issues & Challenges
  • Counterfeiting: The Perpetual Problem for Watches and Clocks Industry
  • Traditional Watch Companies Face the Rising Threat of Design Copying
  • Innovation & Advancements Drives Watches & Clocks Market
  • Design Innovations in Watches: A Review of Latest Trends
  • Innovations in Mechanical Watchmaking
  • An Insight into Top Innovative Watches of Recent Times
  • Luxury Watch Innovations: A Never Ending Saga
  • Innovation Becomes Imperative Amid Growing Threat from Smartwatches
  • Luxury Watches Embrace Digital and Dual Display Designs
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Watches and Clocks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Watches and Clocks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Watches and Clocks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Quartz by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Quartz by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Quartz by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Mechanical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Mechanical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Mechanical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Watches and Clocks Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • United States: A Major Market for Watches and Clocks
  • United States Watches Market: Percentage Breakdown of Value Sales by Price Category: 2023
  • Key Watch Purchasing Trends in the US
  • Quartz Analog and Mechanical Watches Sustain Market Growth
  • Bigger-Sized Watches Enjoy Rising Popularity in the US
  • Growing Prominence of E-Commerce and Company-owned Retail Benefit Luxury Watch Sales
  • Distribution Channels
  • US Sports Watch Market: Percentage Breakdown of Value Sales by Distribution Channel for 2023
  • US Clocks Market: Percentage Breakdown of Value Sales by Distribution Channel for 2023
  • Table 11: USA Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 12: USA Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: USA 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
CANADA
  • Market Overview
  • Competitive Scenario
  • Canadian Watch Market Share in % by Company for 2023
  • Table 14: Canada Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 15: Canada Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: Canada 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
JAPAN
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Japan: A Prime Producer, Consumer and Exporter of Watches and Clocks
  • Japanese Watch Market by Price Category (in %) for 2023
  • Japanese Watch Market: Percentage Breakdown of Unit Production Volume by Type for the Years 2015 and 2023
  • Japanese Watch Market: Percentage Breakdown of Production Value by Type for the Years 2015 and 2023
  • Japanese Clocks Market: Percentage Breakdown of Production Volume by Type for the Years 2015 and 2023
  • Japanese Clocks Market: Percentage Breakdown of Production Value by Type for the Years 2015 and 2023
  • Innovations Play an Important Role in the Japanese Watch Market
  • Japanese Watchmakers Make a Push to Capture Share of Luxury Watches Market
  • Casio, Citizen and Seiko: The Japanese Watch Trio
  • Japanese Watch Market: Percentage Breakdown of Value Sales by Leading Players for 2023
  • Competition from Foreign Brands Heats Up
  • Table 17: Japan Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 18: Japan Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: Japan 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
CHINA
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • China: A Market Laden with Opportunities
  • Watch Market in China: Snapshots
  • Chinese Watches Market by Price Category (in %): 2023
  • China’s Young and Affluent Consumers Lead Growth of Luxury Watch Market
  • Increasing Affluence of Chinese Individuals: Wealth per Adult in US$ for the Years 2002, 2006, 2010, 2014, 2018 and 2022
  • Luxury Goods Market in China: Percentage Breakdown of Value Sales by Product Category for 2023
  • Consumer Behavior and Purchasing Patterns in China
  • Major Factors and Trends Influencing the Luxury Goods Market in China
  • Disposable Incomes
  • Demand Rises in Smaller Cities
  • Post-90s Generation: A Major Driver of Luxury Products
  • Popularity of Affordable Luxury Goods
  • Increasing Sophistication of Luxury Consumers
  • Popularity of Haitao and Establishment of Free Trade Zones
  • Tourist Spending
  • Factors Considered by Consumers When Purchasing Luxury Watches
  • Primary Strategies Adopted by Luxury Retailers
  • Building Up Online Presence and Leveraging Social Platforms
  • Incorporation of Traditional Elements to Attract Consumers
  • Creating Engaging In-Store Experiences
  • Increasing Demand for Swiss Luxury Watches in China
  • Growth of Pre-Owned Watch Market in China Disrupts Global Watch Industry
  • Competitive Scenario
  • Entry Barriers Low for the Chinese Watch Industry
  • Distribution Channels
  • Online & e-Commerce Platforms Emerge as High-Potential Distribution Channels
  • Table 20: China Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 21: China Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: China 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
EUROPE
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • A Mature Market
  • European Watches Market by Price Category for 2023
  • Pre-Owned Luxury Watches Market Gains Traction
  • Table 23: Europe Recent Past, Current & Future Analysis for Watches and Clocks by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: Europe Historic Review for Watches and Clocks by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: Europe 16-Year Perspective for Watches and Clocks by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
  • Table 26: Europe Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 27: Europe Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: Europe 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
FRANCE
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Market Overview
  • Leading Watch Brands in France: Ranked by Number of Users in Thousands
  • Table 29: France Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 30: France Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: France 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
GERMANY
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 32: Germany Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 33: Germany Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: Germany 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
ITALY
  • Table 35: Italy Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 36: Italy Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 37: Italy 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
UNITED KINGDOM
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Market Overview
  • Competitive Scenario
  • Table 38: UK Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 39: UK Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 40: UK 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
SPAIN
  • Table 41: Spain Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 42: Spain Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 43: Spain 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
RUSSIA
  • Table 44: Russia Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 45: Russia Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 46: Russia 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
REST OF EUROPE
  • An Overview of Select Regional Markets
  • Sweden
  • The Netherlands
  • Poland
  • Romania
  • Switzerland
  • A Leading Watch Market
  • The Global Hub for Luxury Watches
  • Classification of Swiss Luxury Watches
  • An Exports Driven Market
  • Brief Description of Globally Popular Swiss Watch Brands
  • Asian Countries Emerge as Leading Export Destinations for Swiss Watches
  • Competitive Scenario
  • Switzerland Faces Severe Shortage of Skilled Craftsmen
  • Swiss Watch Industry Comes Up with Initiatives to Counter Fake Products
  • Turkey
  • Table 47: Rest of Europe Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 48: Rest of Europe Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 49: Rest of Europe 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
ASIA-PACIFIC
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Asia-Pacific Watches and Clocks Market: An Overview
  • Asia-Pacific Watches Market by Price Category (in %) for 2023
  • Table 50: Asia-Pacific Recent Past, Current & Future Analysis for Watches and Clocks by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 51: Asia-Pacific Historic Review for Watches and Clocks by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 52: Asia-Pacific 16-Year Perspective for Watches and Clocks by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
  • Table 53: Asia-Pacific Recent Past, Current & Future Analysis for Watches and Clocks by Type - Quartz and Mechanical - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 54: Asia-Pacific Historic Review for Watches and Clocks by Type - Quartz and Mechanical Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 55: Asia-Pacific 16-Year Perspective for Watches and Clocks by Type - Percentage Breakdown of Value Sales for Quartz and Mechanical for the Years 2014, 2024 & 2030
AUSTRALIA
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
  • Market Overview
  • Smartwatch Market Continues to Make Strong Gains
  • Competitive Scenario
INDIA
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • India: A High Growth Market
  • Popularity of Luxury Watches Rises among Affluent Indians
  • Smartwatches Gain Popularity among Indian Consumers
  • Rising Popularity of Bespoke Watches
  • Clock Manufacturers Offer Customized Wall Clocks to Counter Competition from Electronic Gadgets
  • Noteworthy Watch Brands in India
  • Titan: The Leading Watch Brand
  • Other Major Brands
SOUTH KOREA
REST OF ASIA-PACIFIC
  • Overview of Select Regional Markets
  • Hong Kong
  • Hong Kong: Among the Leading Exporters of Watches and Clocks
  • Market Snippets
  • Hong Kong Protests Slows Down Swiss Watch Industry
  • Pre-owned Luxury Watch Market in Hong Kong
  • Popularity of Wearable Technology Drives Demand for Smartwatches
  • Active Efforts by Manufacturers to Ensure Quality and Boost Sales
  • Impact of CEPA Provisions
  • Key Directives for Watch Makers
  • Alloys, Titanium, Ceramic, and Other Materials Witness Increasing Popularity
  • Distribution Landscape
  • Indonesia
  • Singapore
  • Philippines
  • Thailand
LATIN AMERICA
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZIL
MEXICO
  • Market Overview
  • New Players Boost Watches Sales
  • Luxury Watch Market in Mexico: Market Share (in %) by Company for 2023
REST OF LATIN AMERICA
MIDDLE EAST
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
  • Market Overview
IRANISRAELSAUDI ARABIA
UNITED ARAB EMIRATES
  • Market Overview
  • Luxury Watches: A High Potential Market
REST OF MIDDLE EAST
AFRICA
  • Watches and Clocks Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
  • Consumer Spending Levels Dictate Demand Trends in South Africa
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alpina Watch International SA
  • Audemars Piguet
  • Casio Computer Co., Ltd.
  • Timex Group USA
  • Tissot SA
  • Zodiac Watches
  • Tiffany & Company
  • Tag Heuer International SA
  • Rolex SA
  • Rhythm Watch Co.

Table Information