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Luxury Timepieces in India

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    Report

  • 17 Pages
  • December 2021
  • Region: India
  • Euromonitor International
  • ID: 4085389
There is a large consumer base in India, including millennials, which in the past has developed strong aspirational behaviour driven by rising disposable incomes. This resulted in a shift from mass fashion brands towards accessible luxury names. However, the pandemic resulted in income levels of many aspirational consumers becoming heavily impacted, reducing their willingness to spend on non-essential goods.

The publisher's Luxury Timepieces in India 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
  • Aspirational consumers shift to affordable brands or postpone purchases
  • Luxury brands enter India using online platforms, giving e-commerce a push
  • Gifting luxury timepieces remains relevant option

PROSPECTS AND OPPORTUNITIES
  • Reopening of international borders could see demand shift back to foreign markets
  • Smartwatches offer competition to luxury timepieces due to functional element
  • Rising demand for pre-owned luxury timepieces

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 INDIA
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