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GCC Wrist Watch Market Analysis, 2020

  • ID: 5447812
  • Report
  • October 2020
  • Region: Middle East
  • 154 Pages
  • MarkNtel Advisors LLP
Rising Demand for Smart and Fitness Watches Accelerating the Growth of GCC Wristwatch Market


  • Amazfit
  • Apple
  • Casio
  • Fitbit Inc.
  • Garmin Ltd.
  • Huawei
GCC Wristwatch Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of GCC Wristwatch market, which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities

According to this research report titled “GCC Wristwatch Market Analysis, 2020”, the GCC Wristwatch market is anticipated to grow at a considerable CAGR during 2020-25. The growth of the market is attributed to rising demand of smartwatches due to growing health awareness among the consumers, launch of various innovative products by the market players, and surging presence of top giant countries in the region. Moreover, the rising inclination of people toward luxury watches as it is a status symbol among adults and also due to the growing disposable income coupled with increase in working population are strongly contributing toward the growth of the market in the forecast period.

Market Segmentation

Swiss Segment Grabbed the Highest Market Share

Based on Country of Origin, Swiss watches acquired the highest market share in the GCC wristwatch market 2019 on account of rising imports of Swiss watches in countries such as the UAE and Saudi Arabia. According to the Federation of Swiss Watch industry, globally, UAE was at the 10th and Saudi Arabia at the 13th positions respectively in 2019. The import of Swiss watches in these countries has surged from USD 900.37mn in 2017 to USD 938.6mn in 2019 in UAE. Thus, this is expected to lead to a positive impact toward the growth of Wristwatch market in the coming years as stated in the research report “GCC Wristwatch Market Analysis, 2020”.

Competitive Landscape

According to the publisher, the key players with a considerable market share in the GCC Wristwatch market are Titan, Casio, Apple, Huawei, Rolex, LVMH, Seiko, Amazfit, Samsung Electronics Co. Ltd, Garmin Ltd., Fitbit Inc. etc.

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of GCC Wristwatch Market?
2. What is the country wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the GCC Wristwatch Market?
4. Who are the key competitors or market players and how they perform in GCC Wristwatch Market on the basis of competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of GCC Wristwatch Market study?
Note: Product cover images may vary from those shown


  • Amazfit
  • Apple
  • Casio
  • Fitbit Inc.
  • Garmin Ltd.
  • Huawei
1. Introduction
1.1. Research Process
1.2. Product/Service Overview
1.3. Industry Segmentation
1.4. Assumptions

2. GCC Wrist Watch Industry- Executive Summary

3. GCC Wrist Watch Industry Outlook, 2014-2024F
3.1. Industry Potential
3.2. Industry Revenue Shares (2018 & 2024)

4. Saudi Arabia Wrist Watch Industry Outlook, 2014-2024F
4.1. Industry Potential
4.2. Industry Revenue Shares

5. UAE Wrist Watch Industry Outlook, 2014-2024F
5.1. Industry Potential
5.2. Industry Revenue Shares

6. Qatar Wrist Watch Industry Outlook, 2014-2024F
6.1. Industry Potential
6.2. Industry Revenue Shares

7. Kuwait Wrist Watch Industry Outlook, 2014-2024F
7.1. Industry Potential
7.2. Industry Revenue Shares

8. Bahrain Wrist Watch Industry Outlook, 2014-2024F
8.1. Industry Potential
8.2. Industry Revenue Shares

9. Oman Wrist Watch Industry Outlook, 2014-2024F
9.1. Industry Potential
9.2. Industry Revenue Shares

10. GCC Wrist Watch Industry- Market Attractiveness Indexing, 2018-2024F
10.1. By Type (Luxury, Mid Luxury, Economy, Low)
10.2. By Country of origin (Japanese, Swiss, Others)
10.3. By Category (Analog, Digital, Analog & Digital, Smart)
10.4. By Country

11. GCC Wrist Watch Industry Trends

12. GCC Wrist Watch Industry Market Dynamics
12.1. Growth Drivers
12.2. Restraints

13. GCC Wrist Watch Industry Import & Export Statistics
13.1. Wrist Watch Imports
13.2. Wrist Watch Exports

14. About Us & Disclaimer
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Titan
  • Casio
  • Apple
  • Huawei
  • Rolex
  • LVMH
  • Seiko
  • Amazfit
  • Samsung Electronics Co. Ltd
  • Garmin Ltd.
  • Fitbit Inc.
Note: Product cover images may vary from those shown