The global watch market is categorized into quartz and mechanical. Mechanical watches can be further classified into automatic and hand wound, while quartz watches are classified into analog and digital. It has huge market potential due to increasing technological design innovations. Moreover, the current positioning of this product enables users to make a style statement.
Watch Market contains market size and forecasts of Watch in global, including the following market information:
- Global Watch Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Watch Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Watch companies in 2021 (%)
The global Watch market was valued at 103960 million in 2021 and is projected to reach US$ 116780 million by 2028, at a CAGR of 1.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Quartz Watch Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Watch include Fossil, LVMH, Richemont, Rolex, The Swatch, Audemars Piguet, Burberry, Breitling and Casio, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Watch manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Watch Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Watch Market Segment Percentages, by Type, 2021 (%)
- Quartz Watch
- Mechanical Watch
- Others
Global Watch Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Watch Market Segment Percentages, by Application, 2021 (%)
- Shopping Mall
- Supermarket
- Watch Shop
- On Line
- Others
Global Watch Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Watch Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Watch revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Watch revenues share in global market, 2021 (%)
- Key companies Watch sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Watch sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Fossil
- LVMH
- Richemont
- Rolex
- The Swatch
- Audemars Piguet
- Burberry
- Breitling
- Casio
- Chanel
- Chopard
- Citizen
- Dolce & Gabbana
- Giorgio Armani
- Kate Spade
- Kering
- Patek Philippe
- Timex
- Titan
- Seiko
- Tiffany
- Hermes
- Ralph Lauren