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Luxury Watch Global Market Report 2022

Published: Pre-Order | The Business Research Company | 175 Pages | Delivery time: 2-10 business days

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Luxury Watch Global Market Report 2022
Published: Pre-Order
The Business Research Company
Content info: 175 Pages
Delivery time: 2-10 business days
  • Description
  • Table of Contents

“Luxury Watch Global Market Report 2022 ” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global luxury watch market market.

This report focuses on luxury watch market market which is experiencing strong growth. The report gives a guide to the luxury watch market market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the luxury watch market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Luxury Watch Market market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider luxury watch market market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The luxury watch market section of the report gives context. It compares the luxury watch market market with other segments of the luxury watch market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, luxury watch market indicators comparison.

Scope

Markets Covered: 1) By Type: Digital Watch; Analog Watch

2) By Distribution Channel: Internet Retailing; Departmental Stores; Specialist Retailers; Exclusive Showrooms; Other Distribution Channel

3) By End User: Men; Women; Unisex

Companies Mentioned: Seiko Holdings; CITIZEN WATCH COMPANY OF AMERICA, INC.; LVMH Moet Hennessy -Louis Vuitton; Compagnie Financiere Richemont SA; The Swatch Group Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the luxury watch market are: Seiko Holdings, Citizen Watch Company of America Inc., LVMH Moet Hennessy -Louis Vuitton, Compagnie Financiere Richemont SA, The Swatch Group Ltd, Audemars Piguet, Richard Mille, CASIO, Computer Co. Ltd, Patek Philippe SA, Bernard Watch Co., Apple Inc., A. Lange & Sohne, Movado Group Inc. and Richard Mille.

The global luxury watches market is expected to grow from $27.19 billion in 2021 to $28.43 billion in 2022 at a compound annual growth rate (CAGR) of 4.6%. The luxury watches market is expected to grow to $33.07 billion in 2026 at a CAGR of 3.9%.

The luxury watch market consists of the sales of luxury watches by entities (organizations, partnerships, and sole proprietors) that refers to luxury watches that are manually manufactured extraordinarily high-quality watches that come at a premium price and are classified to be luxury watches. These are the watches powered by manual and self-winding (automatic) movement. Parts of the movement are handmade and signify higher expenditure in production than industrially manufactured quartz watches.

The main types of luxury watches are digital watches, and analog watches. The digital watch refers to a watch that displays the time in numerical digits rather than by hands on a dial. The various distribution channels include internet retailing, departmental stores, specialist retailers, exclusive showrooms, and other showrooms and are used by men, women, and unisex.

Western Europe was the largest region in the luxury watch market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the luxury watch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The luxury watches market research report is one of a series of new reports from The Business Research Company that provides luxury watches market statistics, including luxury watches industry global market size, regional shares, competitors with a luxury watches market share, detailed luxury watches market segments, market trends and opportunities, and any further data you may need to thrive in the luxury watches industry. This luxury watches market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The growing consumer preference for high-quality, premium watches in the luxury goods industry is expected to propel the growth of the luxury watch market. Growing consumer preference in the luxury watch market is characterized as the abstract preferences of individual buyers, estimated by their fulfillment with those things after they've bought them. This satisfaction is often indicated to as utility. Purchaser worth is not entirely set in stone by how buyer utility thinks about various things. The surge in the luxury watches market is driven due to people's preference for high-end watches, due to increase in rising disposable income, and an urge among adults to wear expensive luxury watches as a social statement of their identity, especially in developing countries. For instance, according to the Swiss watch industry federation, 2021 was the best year for the Swiss watches market. The all-out trade worth of Swiss watches for 2021 was CHF 22.3 billion, beating the past record-breaking record of CHF 22.25 billion, which in turn indicates growing consumer preference. Therefore, the growing consumer preference for high-quality, premium watches in the luxury goods industry drives the luxury watches market.

Product innovations have emerged as the key trend gaining popularity in the luxury watch market. Major companies operating in the luxury watch market are focused on developing innovations to meet customer demand. For instance, in April 2021, during the watch & wonders event, Jaeger-Le Coultre, a swiss based luxury watch company unveiled Reverso Hybris Mechanical Calibre 185 for the first time, known as the quadriptych is the first and only watch in the world to be made with four dials priced at staggering 1.6 million dollars. There are staggering 11 complications that go inside this epic timepiece of surprisingly wearable proportions, three of which are patented features found only in this watch.

In June 2021, Seiko Holdings Corporation, a Japanese luxury watchmaker collaborated with Rowing Blazers, American clothing, and accessories brand, on two limited editions and one special edition timepiece for an undisclosed amount. This collaboration will help companies in coming up with watches that are inspired by sport, nostalgia, and travel.

The countries covered in the luxury watch market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Product Code: h1959

Table of Contents

1. Executive Summary

2. Luxury Watch Market Characteristics

3. Luxury Watch Market Trends And Strategies

4. Impact Of COVID-19 On Luxury Watch Market

5. Luxury Watch Market Size And Growth

  • 5.1. Global Luxury Watch Market Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Luxury Watch Market Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Luxury Watch Market Segmentation

  • 6.1. Global Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Digital Watch
  • Analog Watch
  • 6.2. Global Luxury Watch Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Internet Retailing
  • Departmental Stores
  • Specialist Retailers
  • Exclusive Showrooms
  • Other Distribution Channel
  • 6.3. Global Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Men
  • Women
  • Unisex

7. Luxury Watch Market Regional And Country Analysis

  • 7.1. Global Luxury Watch Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Luxury Watch Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Luxury Watch Market

  • 8.1. Asia-Pacific Luxury Watch Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 8.3. Asia-Pacific Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Luxury Watch Market

  • 9.1. China Luxury Watch Market Overview
  • 9.2. China Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
  • 9.3. China Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Luxury Watch Market

  • 10.1. India Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 10.2. India Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Luxury Watch Market

  • 11.1. Japan Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 11.2. Japan Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Luxury Watch Market

  • 12.1. Australia Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 12.2. Australia Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Luxury Watch Market

  • 13.1. Indonesia Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 13.2. Indonesia Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Luxury Watch Market

  • 14.1. South Korea Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 14.2. South Korea Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Luxury Watch Market

  • 15.1. Western Europe Luxury Watch Market Overview
  • 15.2. Western Europe Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 15.3. Western Europe Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Luxury Watch Market

  • 16.1. UK Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 16.2. UK Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Luxury Watch Market

  • 17.1. Germany Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 17.2. Germany Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Luxury Watch Market

  • 18.1. France Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 18.2. France Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Luxury Watch Market

  • 19.1. Eastern Europe Luxury Watch Market Overview
  • 19.2. Eastern Europe Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 19.3. Eastern Europe Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Luxury Watch Market

  • 20.1. Russia Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 20.2. Russia Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Luxury Watch Market

  • 21.1. North America Luxury Watch Market Overview
  • 21.2. North America Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 21.3. North America Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Luxury Watch Market

  • 22.1. USA Luxury Watch Market Overview
  • 22.2. USA Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 22.3. USA Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Luxury Watch Market

  • 23.1. South America Luxury Watch Market Overview
  • 23.2. South America Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 23.3. South America Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Luxury Watch Market

  • 24.1. Brazil Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 24.2. Brazil Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Luxury Watch Market

  • 25.1. Middle East Luxury Watch Market Overview
  • 25.2. Middle East Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 25.3. Middle East Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Luxury Watch Market

  • 26.1. Africa Luxury Watch Market Overview
  • 26.2. Africa Luxury Watch Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 26.3. Africa Luxury Watch Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Luxury Watch Market Competitive Landscape And Company Profiles

  • 27.1. Luxury Watch Market Competitive Landscape
  • 27.2. Luxury Watch Market Company Profiles
    • 27.2.1. Seiko Holdings
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. CITIZEN WATCH COMPANY OF AMERICA, INC.
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. LVMH Moet Hennessy -Louis Vuitton
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. Compagnie Financiere Richemont SA
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. The Swatch Group Ltd
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Luxury Watch Market

29. Luxury Watch Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Research Inquiries
  • 30.4. The Business Research Company
  • 30.5. Copyright And Disclaimer