PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1235991
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1235991
Contact us about how to customize the report with add-on data.
Global Women's Watch Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Watch is a portable timepiece intended to be carried or worn by women. These Women are generally thinner and smaller compared to men watches. The increasing number of females working population, increase in disposable income, easy availability of the product coupled with the growing use of watches as a fashion trend are playing a significant role in market growth.
The rapid emergence of women's fitness watches is acting as a catalyzing factor for market growth across the globe. The fitness watches offer various features such as track on menstrual cycle, analyze heartbeat rate, walk tracking, connecting with smartphones and other advanced applications which has raised the sales of women's smartwatches. For instance, in March 2018, Fitbit unveiled its female-focused Versa smartwatch which is equipped with technology to track a user's menstrual cycle and how it affects other aspects of their health including cramps or headaches. Similarly, in November 2018, Mevofit declared the launch of the 'Women's only' fitness trackers Slim, Slim +HR. The product includes feminine-focused characteristics, including a premium, slim design, curved glass with round edges, and a diagonal groove on the strap that matches a seamless diamond cut to fit the tastes of contemporary ladies. Thereby, the surge in demand for fitness watches among women is bolstering the market growth at a substantial rate. Moreover, rising investment in the development of advanced technology, as well as the increase in innovative and customized designs are presenting various lucrative opportunities over the forecasting years. However, the presence of counterfeit products is challenging the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Women's Watch Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the growing investment on technological advancements, along with rising number of leading market players. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the increasing disposable income, rising population, as well as growing trend of smartwatches among women in the market space.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable