Global Luxury Watches Market 2017-2021

  • ID: 4397197
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • BREITLING
  • Chopard International
  • Fossil Group
  • Movado Group
  • Richemont
  • Seiko Watch
  • MORE
About Luxury Watch
  • Luxury goods are defined as products that are not required but highly desirable. The meaning of luxury is very subjective in nature. Based on an individual's perception of such goods, luxury can be defined in various ways. Luxury goods are products associated with affluence.
  • A luxury watch is a high-quality, expensive timepiece used by upper-class individuals. It is more of a style statement than a necessity.
The analysts forecast the global luxury watch market to grow at a CAGR of 2.98% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global luxury watch market for 2017-2021. To calculate the market size, the report considers the revenue generated from retail sales of personal luxury goods to individual customers.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Luxury Watch Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • LVMH
  • Richemont
  • Rolex
  • Swatch Group
Other prominent vendors
  • BREITLING
  • Burberry
  • Chopard International
  • CITIZEN WATCH COMPANY OF AMERICA
  • Festina
  • Fossil Group
  • Movado Group
  • PATEK PHILIPPE
  • Seiko Watch
Market drivers
  • Premiumization through product design and innovation
  • For a full, detailed list, view the full report
Market challenges
  • Decline in profit margins of vendors and retailers
  • For a full, detailed list, view the full report
Market trends
  • Customization of luxury watches
  • For a full, detailed list, view the full report
Key questions answered in this report:
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • BREITLING
  • Chopard International
  • Fossil Group
  • Movado Group
  • Richemont
  • Seiko Watch
  • MORE
PART 01: Executive Summary

PART 02: Scope of the Report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market Landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market Segmentation By End-User
  • Global luxury watch market segmentation by end-user
  • Global luxury watch market for men
  • Global luxury watch market for women
PART 07: Market Segmentation By Material
  • Global luxury watch market segmentation by material
PART 08: Market Segmentation By Distribution Channel
  • Global luxury watch market segmentation by distribution channel
PART 09: Regional Landscape
  • Global luxury watch market segmentation by geography
  • Regional comparison
  • Americas - Market size and forecast
  • EMEA - Market size and forecast
  • APAC - Market size and forecast
  • Key leading countries
  • Market opportunity
PART 10: Decision Framework

PART 11: Drivers and Challenges
  • Market drivers
  • Market challenges
PART 12: Market Trends
  • Growing Internet retailing beneficial for market growth
  • Customization of luxury watches
  • Marketing initiatives by luxury watch manufacturers
PART 13: Vendor Landscape
  • Competitive scenario
  • Key insights
  • Competitive assessment of top four players
PART 14: Key Vendor Analysis
  • LVMH
  • Richemont
  • Rolex
  • Swatch Group
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global personal luxury goods market 2016-2021 ($ billions)
Exhibit 02: Segmentation of global luxury watch market
Exhibit 03: Segmentation of luxury goods 2016
Exhibit 04: Global luxury watch market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global luxury watch market segmentation by end-user 2016 (% share of revenue)
Exhibit 07: Global luxury watch market segmentation by end-user 2021 (% share of revenue)
Exhibit 08: Global luxury watch market 2016-2021 (% share of revenue)
Exhibit 09: Global luxury watch market for men 2016-2021 ($ billions)
Exhibit 10: Global luxury watch market for women 2016-2021 ($ billions)
Exhibit 11: Global luxury watch market segmentation by material 2016 (% share of revenue)
Exhibit 12: Global luxury watch marker segmentation by distribution channel 2016 (% share of revenue)
Exhibit 13: Analysis of various retail formats
Exhibit 14: Geographical segmentation of global luxury watch market by revenue 2016-2021 (% share of revenue)
Exhibit 15: Regional comparison
Exhibit 16: Americas - Market size and forecast ($ billions)
Exhibit 17: Americas - Year-over-year-growth
Exhibit 18: Top three countries in Americas
Exhibit 19: EMEA - Market size and forecast ($ billions)
Exhibit 20: EMEA - Year-over-year growth
Exhibit 21: Top three countries in EMEA
Exhibit 22: APAC - Market size and forecast
Exhibit 23: APAC - Year-over-year growth
Exhibit 24: Top 3 countries in APAC
Exhibit 25: Key leading countries
Exhibit 26: Key players in global luxury watch market 2016
Exhibit 27: Competitive assessment of top four players
Exhibit 28: LVMH: Business segmentation by revenue 2016 (% share of revenue)
Exhibit 29: LVMH in global luxury watch market
Exhibit 30: LVMH: Recent developments
Exhibit 31: Richemont: Business segmentation by revenue 2016 (% share of revenue)
Exhibit 32: Richemont: Geographical segmentation by revenue 2016 (% share of revenue)
Exhibit 33: Richemont in global luxury watch market
Exhibit 34: Rolex in global luxury watch market
Exhibit 35: Rolex: Recent developments
Exhibit 36: Swatch Group: Business segmentation by revenue 2016 (% share of revenue)
Exhibit 37: Swatch Group: Geographical segmentation by revenue 2016 (% share of revenue)
Exhibit 38: Swatch Group in global luxury watch market
Exhibit 39: Swatch Group: Recent developments
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • BREITLING
  • Chopard International
  • Fossil Group
  • Movado Group
  • Richemont
  • Seiko Watch
  • MORE
New Report Released: - Global Luxury Watch Market 2017 - 2021

The author of the report recognizes the following companies as the key players in the global luxury watch market: LVMH, Richemont, Rolex, and Swatch Group.

Other Prominent Vendors in the market are: BREITLING, Burberry, Chopard International, CITIZEN WATCH COMPANY OF AMERICA, Festina, Fossil Group, Movado Group, PATEK PHILIPPE, and Seiko Watch.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Customization of luxury watches. The customization of luxury watches is trending in the market. Many third-party retailers across the world are offering this service to customers. This method involves modifying the bezels, dials, and bands. Perpetual Time, a company that provides watch customization services offers diamond customization for major luxury watch brands. The wide product portfolio of various vendors in the market enables them to attract new customers for customization. Vendors are offerings various products that are made with diamond and other precious materials. ”

According to the report, one of the major drivers for this market is Premiumization through product design and innovation. Innovations in luxury watch designs drive the market growth of luxury watches. Manufacturers are offerings watches with advanced capabilities such as the use of robots, hi-tech coatings, and advanced materials such as ceramics and titanium. Swiss manufacturers have set a standard in the luxury watch market. The demand for Swiss watches is increasing owing to their quality, design, craftsmanship, and technological sophistication. Booming economies and rising disposable incomes, especially in developing countries, have enhanced the purchasing power of consumers and are largely responsible for the shift in the demand for Swiss-made luxury watches from developing countries.

Further, the report states that one of the major factors hindering the growth of this market is Decline in profit margins of vendors and retailers. Vendors in the global luxury watch market are witnessing a decline in their profit margins. This is due to the high prices of raw materials and intense vendor competition. Additionally, the wide availability of counterfeit products also leads to a decline in the profit margins of vendors, which poses a major challenge for the market growth.

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.
Note: Product cover images may vary from those shown
5 of 5
  • LVMH
  • Richemont
  • Rolex
  • Swatch Group
  • BREITLING
  • Burberry
  • Chopard International
  • CITIZEN WATCH COMPANY OF AMERICA
  • Festina
  • Fossil Group
  • Movado Group
  • PATEK PHILIPPE
  • Seiko Watch
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll