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Global Watch Market 2023-2027

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    Report

  • 164 Pages
  • December 2022
  • Region: Global
  • TechNavio
  • ID: 5135346
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The watch market is forecasted to grow by $9626.37 million during 2022-2027, accelerating at a CAGR of 2.62% during the forecast period. Our 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.

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 the 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
This study identifies enhanced vendor engagement through social media and other entertainment channels as one of the prime reasons driving the watch market growth during the next few years. Also, increase in introduction of smart connected watches and an increase in demand for customized watches will lead to sizable demand in the market.

The report on the watch market covers the following areas:

  • Watch market sizing
  • Watch market forecast
  • Watch market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading watch market vendors that include 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 Moet Hennessy Louis Vuitton SE, 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. Also, the watch market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 publisher 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 accurate market growth.

Table of Contents

Executive Summary
  • Market Overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis
  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product
  • Market segments
  • Comparison by Product
  • Quartz - Market size and forecast 2020-2025
  • Mechanical - Market size and forecast 2020-2025
  • Market opportunity by Product

Market Segmentation by Distribution channel
  • Market segments
  • Comparison by Distribution channel
  • Offline - Market size and forecast 2020-2025
  • Online - Market size and forecast 2020-2025
  • Market opportunity by Distribution channel

Customer landscape
Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape
  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Casio Computer Co. Ltd.
  • Citizen Systems Japan Co. Ltd.
  • Compagnie Financiere Richemont SA
  • Fossil Group Inc.
  • LVMH Moet Hennessy Louis Vuitton
  • Movado Group Inc.
  • Ralph Lauren Corp.
  • Rolex SA
  • Seiko Holdings Corp.
  • The Swatch Group Ltd.

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
  • Key Finding 1
  • Key Finding 2
  • Key Finding 3
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Key Finding 8
  • Key Finding 9
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2020 - 2025 ($ billion)
  • Global market: Year-over-year growth 2020 - 2025 (%)
  • Five forces analysis 2020 & 2025
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2020
  • Product - Market share 2020-2025 (%)
  • Comparison by Product
  • Quartz - Market size and forecast 2020-2025 ($ billion)
  • Quartz - Year-over-year growth 2020-2025 (%)
  • Mechanical - Market size and forecast 2020-2025 ($ billion)
  • Mechanical - Year-over-year growth 2020-2025 (%)
  • Market opportunity by Product
  • Distribution channel - Market share 2020-2025 (%)
  • Comparison by Distribution channel
  • Offline - Market size and forecast 2020-2025 ($ billion)
  • Offline - Year-over-year growth 2020-2025 (%)
  • Online - Market size and forecast 2020-2025 ($ billion)
  • Online - Year-over-year growth 2020-2025 (%)
  • Market opportunity by Distribution channel
  • Customer landscape
  • Market share by geography 2020-2025 (%)
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025 ($ billion)
  • APAC - Year-over-year growth 2020-2025 (%)
  • Europe - Market size and forecast 2020-2025 ($ billion)
  • Europe - Year-over-year growth 2020-2025 (%)
  • North America - Market size and forecast 2020-2025 ($ billion)
  • North America - Year-over-year growth 2020-2025 (%)
  • MEA - Market size and forecast 2020-2025 ($ billion)
  • MEA - Year-over-year growth 2020-2025 (%)
  • South America - Market size and forecast 2020-2025 ($ billion)
  • South America - Year-over-year growth 2020-2025 (%)
  • Key leading countries
  • Market opportunity by geography ($ billion)
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Casio Computer Co. Ltd. - Overview
  • Casio Computer Co. Ltd. - Business segments
  • Casio Computer Co. Ltd. - Key offerings
  • Casio Computer Co. Ltd. - Key customers
  • Casio Computer Co. Ltd. - Segment focus
  • Citizen Systems Japan Co. Ltd. - Overview
  • Citizen Systems Japan Co. Ltd. - Product and service
  • Citizen Systems Japan Co. Ltd. - Key offerings
  • Citizen Systems Japan Co. Ltd. - Key customers
  • Citizen Systems Japan Co. Ltd. - Segment focus
  • Compagnie Financiere Richemont SA - Overview
  • Compagnie Financiere Richemont SA - Business segments
  • Compagnie Financiere Richemont SA - Key offerings
  • Compagnie Financiere Richemont SA - Key customers
  • Compagnie Financiere Richemont SA - Segment focus
  • Fossil Group Inc. - Overview
  • Fossil Group Inc. - Business segments
  • Fossil Group Inc. - Key offerings
  • Fossil Group Inc. - Key customers
  • Fossil Group Inc. - Segment focus
  • LVMH Moet Hennessy Louis Vuitton - Overview
  • LVMH Moet Hennessy Louis Vuitton - Business segments
  • LVMH Moet Hennessy Louis Vuitton - Key offerings
  • LVMH Moet Hennessy Louis Vuitton - Key customers
  • LVMH Moet Hennessy Louis Vuitton - Segment focus
  • Movado Group Inc. - Overview
  • Movado Group Inc. - Business segments
  • Movado Group Inc. - Key offerings
  • Movado Group Inc. - Key customers
  • Movado Group Inc. - Segment focus
  • Ralph Lauren Corp. - Overview
  • Ralph Lauren Corp. - Business segments
  • Ralph Lauren Corp. - Key offerings
  • Ralph Lauren Corp. - Key customers
  • Ralph Lauren Corp. - Segment focus
  • Rolex SA - Overview
  • Rolex SA - Product and service
  • Rolex SA - Key offerings
  • Rolex SA - Key customers
  • Rolex SA - Segment focus
  • Seiko Holdings Corp. - Overview
  • Seiko Holdings Corp. - Business segments
  • Seiko Holdings Corp. - Key offerings
  • Seiko Holdings Corp. - Key customers
  • Seiko Holdings Corp. - Segment focus
  • The Swatch Group Ltd. - Overview
  • The Swatch Group Ltd. - Business segments
  • The Swatch Group Ltd. - Key offerings
  • The Swatch Group Ltd. - Key customers
  • The Swatch Group Ltd. - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The publisher recognizes the following companies 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 Moet Hennessy Louis Vuitton SE, 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 Moet Hennessy Louis Vuitton SE
  • 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.