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Watches in Mexico

  • ID: 354827
  • Report
  • July 2021
  • Region: Mexico
  • 21 pages
  • Euromonitor International
Having plunged by more than a fifth during 2020, there will be a modest recovery in retail current value sales of watches during 2021. Even before the onset of the pandemic, retail current value sales of watches had begun to stagnate in a difficult economic environment. Already cautious, the economic shock of COVID-19 led many local consumers to significantly reduce their discretionary spending.

The publisher's Watches in Mexico report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2016-2020), 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 – be they new product developments, distribution or pricing issues. Forecasts to 2025 illustrate how the market is set to change.

Product coverage: Watches by Price Band, Watches by type.

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

Why buy this report?
  • Get a detailed picture of the Watches 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.
Note: Product cover images may vary from those shown
WATCHES IN MEXICO

KEY DATA FINDINGS

2021 DEVELOPMENTS
  • 2021 will see a modest rebound in demand, as COVID-19 restrictions are eased and the economic shock of the pandemic begins to dissipate
  • E-commerce continues to grow in importance, but buyers of high watches still want the personal touch
  • Multi-brand strategy and widening distribution help Swatch Group Mexico SA de CV stay on top
PROSPECTS AND OPPORTUNITIES
  • Economic recovery will drive accelerated rebound in demand
  • High mechanical watches will remain a potent status symbol
  • More watch manufacturers will launch their own smartwatches, diluting demand for quartz digital watches
CATEGORY DATA
  • Table 1 Sales of Watches by Category: Volume 2016-2021
  • Table 2 Sales of Watches by Category: Value 2016-2021
  • Table 3 Sales of Watches by Category: % Volume Growth 2016-2021
  • Table 4 Sales of Watches by Category: % Value Growth 2016-2021
  • Table 5 Sales of Watches by Price Band: Volume 2016-2021
  • Table 6 Sales of Watches by Price Band: Value 2016-2021
  • Table 7 Sales of Watches by Price Band: % Volume Growth 2016-2021
  • Table 8 Sales of Watches by Price Band: % Value Growth 2016-2021
  • Table 9 NBO Company Shares of Watches: % Value 2016-2020
  • Table 10 LBN Brand Shares of Watches: % Value 2017-2020
  • Table 11 Distribution of Watches by Format: % Value 2016-2021
  • Table 12 Forecast Sales of Watches by Category: Volume 2021-2026
  • Table 13 Forecast Sales of Watches by Category: Value 2021-2026
  • Table 14 Forecast Sales of Watches by Category: % Volume Growth 2021-2026
  • Table 15 Forecast Sales of Watches by Category: % Value Growth 2021-2026
PERSONAL ACCESSORIES IN MEXICO

EXECUTIVE SUMMARY
  • Personal accessories in 2021: The big picture
  • Key trends in 2021
  • Competitive landscape
  • Retailing developments
  • What next for personal accessories?
MARKET DATA
  • Table 16 Sales of Personal Accessories by Category: Volume 2016-2021
  • Table 17 Sales of Personal Accessories by Category: Value 2016-2021
  • Table 18 Sales of Personal Accessories by Category: % Volume Growth 2016-2021
  • Table 19 Sales of Personal Accessories by Category: % Value Growth 2016-2021
  • Table 20 NBO Company Shares of Personal Accessories: % Value 2016-2020
  • Table 21 LBN Brand Shares of Personal Accessories: % Value 2017-2020
  • Table 22 Distribution of Personal Accessories by Format: % Value 2016-2021
  • Table 23 Forecast Sales of Personal Accessories by Category: Volume 2021-2026
  • Table 24 Forecast Sales of Personal Accessories by Category: Value 2021-2026
  • Table 25 Forecast Sales of Personal Accessories by Category: % Volume Growth 2021-2026
  • Table 26 Forecast Sales of Personal Accessories by Category: % Value Growth 2021-2026
DISCLAIMER

SOURCES
  • Summary 1 Research Sources
Note: Product cover images may vary from those shown
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