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Global Luxury Watch Market Size, Share & Industry Trends Analysis Report By Product (Electronic and Mechanical), By Distribution Channel (Offline and Online), By Regional Outlook and Forecast, 2022 - 2028

Published Date : 30-Nov-2022

Pages: 142

Formats: PDF

The Global Luxury Watch Market size is expected to reach $53.5 billion by 2028, rising at a market growth of 5.3% CAGR during the forecast period.

Luxury watches are those that buyers see as high-end products, consisting of associations towards a high price level, aesthetics, class, rarity, excellent, and a significant amount of non-functional relationships. The product's pricing strategy, the notion that it is a high-end item, and the material it is made of are some of the motivating elements that aid in increasing sales.

Luxury Watch Market - Global Opportunities and Trends Analysis Report 2018-2028

As a high-end product, a luxury watch has an excellent pricing strategy that concentrates on pricing it far higher than some other varieties of watches to draw in the wealthier segments of the population. A luxury watch is also more than just a regular timepiece; it is a prestigious timepiece and is regarded as being of premium quality that is worn by extremely successful and well-respected individuals.

Additionally, it makes use of extremely rare valuable metals that are not typically found in common or budget watches. Additionally, celebrities, royalty, and well-off individuals are increasingly choosing luxury watches, elevating the value of the item in consumers' eyes and acting as one of the key driving forces influencing its wide expansion. The demand for luxury watches nowadays is also increasing because of the development of luxury smartwatches with features like the capability to track health status and connect to the internet.

Due to the luxury watch's widespread perception as a display of riches and a mark of great status, it increases consumer interest in the product and encourages more sales. In addition, the demand is being propelled forward by the rising popularity of luxury timepieces for women. This is a result of the rise in the proportion of women with high incomes and the rising level of living.

COVID-19 Impact Analysis

During the Covid-19 outbreak, the demand for expensive timepieces skyrocketed. Luxury watch sales, both new and used, have increased dramatically over the last year, and this trend is expected to continue. All prices have increased as a result of the escalating demand. The average price per lot has increased by more than a third in Geneva and more than half in Hong Kong, according to an evaluation of the Phillips watch auction statistics. Therefore, the pandemic had a mixed impact on the luxury watch market as the secondhand market expanded while the supply chain obstructions hindered the growth of the market.

Market Growth Factors

Increasing demand for luxury watches among the younger populace

The watch industry is flourishing due to men's preference for luxury items, particularly watches. Some of the causes that contribute to the rise in demand for luxury watches include the increase in brand recognition, the impact of Westernization, and the natural demand for exclusivity. Luxury watches are also being made to incorporate smart features. The preloaded features on these watches include daily activity tracking, smart notifications, built-in music storage, and built-in storage for payments. They also have sensors for the pulse oximeter and heart rate at the wrist.

Growing trend of watch collection as a hobby

For some people, collecting watches is a passion that offers both chances and difficulties. Like clocks, watches are available in a variety of sizes and forms. The different make, brand, time, and finish of watches attract consumers to possess more than one, which ultimately has turned into a hobby for many. Consumers want to hold a watch that has a strong emphasis at least once like acquiring a pocket watch belonging to the era of Abraham Lincoln to a watch that went into space. For most collectors, collecting watches is a timeless and rewarding hobby that can last a lifetime.

Market Restraining Factors

High prices of luxury watches and the available possible counterfeits

Similar to any other luxury object, counterfeit watches can and do exist and is a significant industrial issue that costs businesses billions annually. Identifying a fake watch is dependent on design inconsistencies. A misspelled name or inappropriate branding may indicate a fake product. It is necessary to ensure that all components of the watch are crafted from superior materials, such as gold and diamonds. Or else, the components may be made of inexpensive materials such as plastic. This makes them appear low-grade and contradictory with the customary quality requirements for premium timepieces.

Product Outlook

Based on product, the luxury watch market is categorized into electronic and mechanical. The mechanical segment procured a significant revenue share in the luxury watch market in 2021. This kind of luxury watch is preferred by a sizable business-class population since it may be worn as a fashion statement. The longevity of mechanical luxury watches is increased by using PVD and titanium ceramic coatings. A mainspring, which further serves as a power source for mechanical wristwatches, is wound mechanically or powered by a rotor that rotates in response to wrist movements.

Luxury Watch Market Share and Industry Analysis Report 2021

Distribution Channel Outlook

On the basis of distribution channel, the luxury watch market is divided into offline and online. The offline segment witnessed the largest revenue share in the luxury watch market in 2021. The increased consumer desire for buying high-end products through retail outlets is the main element boosting the expansion of this market. Additionally, it is now simple for customers to comprehend the precise dimensions and weight of a product while purchasing it through offline channels like supermarkets, convenience stores, and company-owned retail outlets.

Luxury Watch Market Report Coverage
Report Attribute Details
Market size value in 2021 USD 37.6 Billion
Market size forecast in 2028 USD 53.5 Billion
Base Year 2021
Historical Period 2018 to 2020
Forecast Period 2022 to 2028
Revenue Growth Rate CAGR of 5.3% from 2022 to 2028
Number of Pages 142
Number of Tables 240
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling
Segments covered Product, Distribution Channel, Region
Country scope US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria
Growth Drivers
  • Increasing demand for luxury watches among the younger populace
  • Growing trend of watch collection as a hobby
Restraints
  • High prices of luxury watches and the available possible counterfeits

Regional Outlook

Based on region, the luxury watch market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment acquired the maximum revenue share in the luxury watch market in 2021. The factors driving the market expansion in Asia Pacific were shifting consumer behaviour and rising disposable income. Because they are aware of the market's potential, international luxury companies are expanding into nations like China, Japan, and India. The presence of important actors, a high per capita income, and the rising prestige of the upper middle class in the region has increased the demand for luxury watches.

Free Valuable Insights: Global Luxury Watch Market size to reach USD 53.5 Billion by 2028

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Fossil Group, Inc., LVMH SE, Ralph Lauren Corporation, Rolex SA, Citizen Watch Co., Ltd., Seiko Watch Corporation, Compagnie Financiere Richemont SA, Movado Group, Inc. and The Swatch Group Ltd.

Strategies deployed in Luxury Watch Market

  • Sep-2022: Apple launched Apple Watch Ultra. The watch comes with advanced features including, a 49mm titanium case, flat sapphire front crystal, and the brightest Apple watch display. The watch is designed for extreme environments.
  • Sep-2022: Apple launched Apple Watch Series 8 and the new Apple Watch SE. These products offer advanced features including, crash detection, women's health wellness, etc., and enable users to stay coupled with their beloved, lead a healthy life, etc.
  • Jun-2022: Fossil launched Gen 6 Hybrid smart watch. The hybrid smart watch combines the traditional design and features of smart watches including, the Spo2 sensor, Alexa support, etc.
  • Feb-2022: Movado Group along with Calvin Klein, launched the Spring-Summer 2022 collection of jewelry and watches. Calvin Klein, part of PVH Corp., a US-based company, is primarily into watches, perfumes, jewelry, etc. This collaboration would strengthen Movado's business by leveraging Calvin's online presence and global reach.
  • Nov-2019: LVMH acquired Tiffany & Co., a US-based company, primarily into luxury jewelry, sterling silver, accessories, leather goods, etc. This acquisition would update LVMH's watches and jewelry division and strengthens its market position in the United States.
  • Oct-2018: Ralph Lauren launched the Polo Bear watch displaying its popular mascot. The watch collection includes a variety of designs and is launched to celebrate the brand's 50th anniversary.
  • Oct-2018: Movado Group acquired MVMT watches, a US-based company, primarily into premium watches and fashion accessories. This acquisition expands Movado's reach, particularly amongst millennials, and reinforces its growth rate by leveraging MVMT's strengths.
  • Oct-2018: Fossil Group partnered with CITIZEN, a Japan-based electronics company, engaged in manufacturing and marketing watches, calculators, automotive components, etc. The partnership involves cashing on Citizen's competence in watch movement and providing Citizen with Fossil's hybrid smart watch technical knowledge. This partnership expands Fossil's market position in hybrid smart watches.
  • Jul-2018: Fossil Group partnered with Bayerische Motoren Werke Aktiengesellschaft (BMW), a German-based automobile manufacturing company, primarily into luxury vehicles, and motorcycles. The partnership includes designing BMW branded watches and accessories and marketing across the globe in Fossil and BMW retail stores.

Scope of the Study

Market Segments Covered in the Report:

By Product

  • Electronic
  • Mechanical

By Distribution Channel

  • Offline
  • Online

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Apple, Inc.
  • Fossil Group, Inc.
  • LVMH SE
  • Ralph Lauren Corporation
  • Rolex SA
  • Citizen Watch Co., Ltd.
  • Seiko Watch Corporation
  • Compagnie Financiere Richemont SA
  • Movado Group, Inc.
  • The Swatch Group Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Luxury Watch Market, by Product
1.4.2 Global Luxury Watch Market, by Distribution Channel
1.4.3 Global Luxury Watch Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Strategies Deployed in Luxury Watch Market
Chapter 4. Global Luxury Watch Market by Product

4.1 Global Electronic Market by Region
4.2 Global Mechanical Market by Region

Chapter 5. Global Luxury Watch Market by Distribution Channel
5.1 Global Offline Market by Region
5.2 Global Online Market by Region

Chapter 6. Global Luxury Watch Market by Region
6.1 North America Luxury Watch Market
6.1.1 North America Luxury Watch Market by Product
6.1.1.1 North America Electronic Market by Country
6.1.1.2 North America Mechanical Market by Country
6.1.2 North America Luxury Watch Market by Distribution Channel
6.1.2.1 North America Offline Market by Country
6.1.2.2 North America Online Market by Country
6.1.3 North America Luxury Watch Market by Country
6.1.3.1 US Luxury Watch Market
6.1.3.1.1 US Luxury Watch Market by Product
6.1.3.1.2 US Luxury Watch Market by Distribution Channel
6.1.3.2 Canada Luxury Watch Market
6.1.3.2.1 Canada Luxury Watch Market by Product
6.1.3.2.2 Canada Luxury Watch Market by Distribution Channel
6.1.3.3 Mexico Luxury Watch Market
6.1.3.3.1 Mexico Luxury Watch Market by Product
6.1.3.3.2 Mexico Luxury Watch Market by Distribution Channel
6.1.3.4 Rest of North America Luxury Watch Market
6.1.3.4.1 Rest of North America Luxury Watch Market by Product
6.1.3.4.2 Rest of North America Luxury Watch Market by Distribution Channel
6.2 Europe Luxury Watch Market
6.2.1 Europe Luxury Watch Market by Product
6.2.1.1 Europe Electronic Market by Country
6.2.1.2 Europe Mechanical Market by Country
6.2.2 Europe Luxury Watch Market by Distribution Channel
6.2.2.1 Europe Offline Market by Country
6.2.2.2 Europe Online Market by Country
6.2.3 Europe Luxury Watch Market by Country
6.2.3.1 Germany Luxury Watch Market
6.2.3.1.1 Germany Luxury Watch Market by Product
6.2.3.1.2 Germany Luxury Watch Market by Distribution Channel
6.2.3.2 UK Luxury Watch Market
6.2.3.2.1 UK Luxury Watch Market by Product
6.2.3.2.2 UK Luxury Watch Market by Distribution Channel
6.2.3.3 France Luxury Watch Market
6.2.3.3.1 France Luxury Watch Market by Product
6.2.3.3.2 France Luxury Watch Market by Distribution Channel
6.2.3.4 Russia Luxury Watch Market
6.2.3.4.1 Russia Luxury Watch Market by Product
6.2.3.4.2 Russia Luxury Watch Market by Distribution Channel
6.2.3.5 Spain Luxury Watch Market
6.2.3.5.1 Spain Luxury Watch Market by Product
6.2.3.5.2 Spain Luxury Watch Market by Distribution Channel
6.2.3.6 Italy Luxury Watch Market
6.2.3.6.1 Italy Luxury Watch Market by Product
6.2.3.6.2 Italy Luxury Watch Market by Distribution Channel
6.2.3.7 Rest of Europe Luxury Watch Market
6.2.3.7.1 Rest of Europe Luxury Watch Market by Product
6.2.3.7.2 Rest of Europe Luxury Watch Market by Distribution Channel
6.3 Asia Pacific Luxury Watch Market
6.3.1 Asia Pacific Luxury Watch Market by Product
6.3.1.1 Asia Pacific Electronic Market by Country
6.3.1.2 Asia Pacific Mechanical Market by Country
6.3.2 Asia Pacific Luxury Watch Market by Distribution Channel
6.3.2.1 Asia Pacific Offline Market by Country
6.3.2.2 Asia Pacific Online Market by Country
6.3.3 Asia Pacific Luxury Watch Market by Country
6.3.3.1 China Luxury Watch Market
6.3.3.1.1 China Luxury Watch Market by Product
6.3.3.1.2 China Luxury Watch Market by Distribution Channel
6.3.3.2 Japan Luxury Watch Market
6.3.3.2.1 Japan Luxury Watch Market by Product
6.3.3.2.2 Japan Luxury Watch Market by Distribution Channel
6.3.3.3 India Luxury Watch Market
6.3.3.3.1 India Luxury Watch Market by Product
6.3.3.3.2 India Luxury Watch Market by Distribution Channel
6.3.3.4 South Korea Luxury Watch Market
6.3.3.4.1 South Korea Luxury Watch Market by Product
6.3.3.4.2 South Korea Luxury Watch Market by Distribution Channel
6.3.3.5 Singapore Luxury Watch Market
6.3.3.5.1 Singapore Luxury Watch Market by Product
6.3.3.5.2 Singapore Luxury Watch Market by Distribution Channel
6.3.3.6 Malaysia Luxury Watch Market
6.3.3.6.1 Malaysia Luxury Watch Market by Product
6.3.3.6.2 Malaysia Luxury Watch Market by Distribution Channel
6.3.3.7 Rest of Asia Pacific Luxury Watch Market
6.3.3.7.1 Rest of Asia Pacific Luxury Watch Market by Product
6.3.3.7.2 Rest of Asia Pacific Luxury Watch Market by Distribution Channel
6.4 LAMEA Luxury Watch Market
6.4.1 LAMEA Luxury Watch Market by Product
6.4.1.1 LAMEA Electronic Market by Country
6.4.1.2 LAMEA Mechanical Market by Country
6.4.2 LAMEA Luxury Watch Market by Distribution Channel
6.4.2.1 LAMEA Offline Market by Country
6.4.2.2 LAMEA Online Market by Country
6.4.3 LAMEA Luxury Watch Market by Country
6.4.3.1 Brazil Luxury Watch Market
6.4.3.1.1 Brazil Luxury Watch Market by Product
6.4.3.1.2 Brazil Luxury Watch Market by Distribution Channel
6.4.3.2 Argentina Luxury Watch Market
6.4.3.2.1 Argentina Luxury Watch Market by Product
6.4.3.2.2 Argentina Luxury Watch Market by Distribution Channel
6.4.3.3 UAE Luxury Watch Market
6.4.3.3.1 UAE Luxury Watch Market by Product
6.4.3.3.2 UAE Luxury Watch Market by Distribution Channel
6.4.3.4 Saudi Arabia Luxury Watch Market
6.4.3.4.1 Saudi Arabia Luxury Watch Market by Product
6.4.3.4.2 Saudi Arabia Luxury Watch Market by Distribution Channel
6.4.3.5 South Africa Luxury Watch Market
6.4.3.5.1 South Africa Luxury Watch Market by Product
6.4.3.5.2 South Africa Luxury Watch Market by Distribution Channel
6.4.3.6 Nigeria Luxury Watch Market
6.4.3.6.1 Nigeria Luxury Watch Market by Product
6.4.3.6.2 Nigeria Luxury Watch Market by Distribution Channel
6.4.3.7 Rest of LAMEA Luxury Watch Market
6.4.3.7.1 Rest of LAMEA Luxury Watch Market by Product
6.4.3.7.2 Rest of LAMEA Luxury Watch Market by Distribution Channel

Chapter 7. Company Profiles
7.1 Apple, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 Fossil Group, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.3 Movado Group, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.3.4.2 Acquisition and Mergers:
7.4 LVMH SE
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Acquisition and Mergers:
7.5 Ralph Lauren Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Product Launches and Product Expansions:
7.6 Citizen Watch Co., Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 The Swatch Group Ltd.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.8 Compagnie Financière Richemont SA
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.9 Seiko Holdings Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.10. Rolex SA
7.10.1 Company Overview
TABLE 1 Global Luxury Watch Market, 2018 - 2021, USD Million
TABLE 2 Global Luxury Watch Market, 2022 - 2028, USD Million
TABLE 3 Global Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 4 Global Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 5 Global Electronic Market by Region, 2018 - 2021, USD Million
TABLE 6 Global Electronic Market by Region, 2022 - 2028, USD Million
TABLE 7 Global Mechanical Market by Region, 2018 - 2021, USD Million
TABLE 8 Global Mechanical Market by Region, 2022 - 2028, USD Million
TABLE 9 Global Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 10 Global Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 11 Global Offline Market by Region, 2018 - 2021, USD Million
TABLE 12 Global Offline Market by Region, 2022 - 2028, USD Million
TABLE 13 Global Online Market by Region, 2018 - 2021, USD Million
TABLE 14 Global Online Market by Region, 2022 - 2028, USD Million
TABLE 15 Global Luxury Watch Market by Region, 2018 - 2021, USD Million
TABLE 16 Global Luxury Watch Market by Region, 2022 - 2028, USD Million
TABLE 17 North America Luxury Watch Market, 2018 - 2021, USD Million
TABLE 18 North America Luxury Watch Market, 2022 - 2028, USD Million
TABLE 19 North America Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 20 North America Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 21 North America Electronic Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Electronic Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 26 North America Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 27 North America Offline Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Offline Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Online Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Online Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Luxury Watch Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Luxury Watch Market by Country, 2022 - 2028, USD Million
TABLE 33 US Luxury Watch Market, 2018 - 2021, USD Million
TABLE 34 US Luxury Watch Market, 2022 - 2028, USD Million
TABLE 35 US Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 36 US Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 37 US Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 US Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 Canada Luxury Watch Market, 2018 - 2021, USD Million
TABLE 40 Canada Luxury Watch Market, 2022 - 2028, USD Million
TABLE 41 Canada Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 42 Canada Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 43 Canada Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Canada Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Mexico Luxury Watch Market, 2018 - 2021, USD Million
TABLE 46 Mexico Luxury Watch Market, 2022 - 2028, USD Million
TABLE 47 Mexico Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 48 Mexico Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 49 Mexico Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 Mexico Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 Rest of North America Luxury Watch Market, 2018 - 2021, USD Million
TABLE 52 Rest of North America Luxury Watch Market, 2022 - 2028, USD Million
TABLE 53 Rest of North America Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 54 Rest of North America Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 55 Rest of North America Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Rest of North America Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Europe Luxury Watch Market, 2018 - 2021, USD Million
TABLE 58 Europe Luxury Watch Market, 2022 - 2028, USD Million
TABLE 59 Europe Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 60 Europe Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 61 Europe Electronic Market by Country, 2018 - 2021, USD Million
TABLE 62 Europe Electronic Market by Country, 2022 - 2028, USD Million
TABLE 63 Europe Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 64 Europe Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 65 Europe Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 66 Europe Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 67 Europe Offline Market by Country, 2018 - 2021, USD Million
TABLE 68 Europe Offline Market by Country, 2022 - 2028, USD Million
TABLE 69 Europe Online Market by Country, 2018 - 2021, USD Million
TABLE 70 Europe Online Market by Country, 2022 - 2028, USD Million
TABLE 71 Europe Luxury Watch Market by Country, 2018 - 2021, USD Million
TABLE 72 Europe Luxury Watch Market by Country, 2022 - 2028, USD Million
TABLE 73 Germany Luxury Watch Market, 2018 - 2021, USD Million
TABLE 74 Germany Luxury Watch Market, 2022 - 2028, USD Million
TABLE 75 Germany Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 76 Germany Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 77 Germany Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Germany Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 UK Luxury Watch Market, 2018 - 2021, USD Million
TABLE 80 UK Luxury Watch Market, 2022 - 2028, USD Million
TABLE 81 UK Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 82 UK Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 83 UK Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 84 UK Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 85 France Luxury Watch Market, 2018 - 2021, USD Million
TABLE 86 France Luxury Watch Market, 2022 - 2028, USD Million
TABLE 87 France Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 88 France Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 89 France Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 90 France Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 91 Russia Luxury Watch Market, 2018 - 2021, USD Million
TABLE 92 Russia Luxury Watch Market, 2022 - 2028, USD Million
TABLE 93 Russia Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 94 Russia Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 95 Russia Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 96 Russia Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 97 Spain Luxury Watch Market, 2018 - 2021, USD Million
TABLE 98 Spain Luxury Watch Market, 2022 - 2028, USD Million
TABLE 99 Spain Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 100 Spain Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 101 Spain Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 102 Spain Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 103 Italy Luxury Watch Market, 2018 - 2021, USD Million
TABLE 104 Italy Luxury Watch Market, 2022 - 2028, USD Million
TABLE 105 Italy Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 106 Italy Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 107 Italy Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 108 Italy Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 109 Rest of Europe Luxury Watch Market, 2018 - 2021, USD Million
TABLE 110 Rest of Europe Luxury Watch Market, 2022 - 2028, USD Million
TABLE 111 Rest of Europe Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 112 Rest of Europe Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 113 Rest of Europe Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 114 Rest of Europe Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 115 Asia Pacific Luxury Watch Market, 2018 - 2021, USD Million
TABLE 116 Asia Pacific Luxury Watch Market, 2022 - 2028, USD Million
TABLE 117 Asia Pacific Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 118 Asia Pacific Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 119 Asia Pacific Electronic Market by Country, 2018 - 2021, USD Million
TABLE 120 Asia Pacific Electronic Market by Country, 2022 - 2028, USD Million
TABLE 121 Asia Pacific Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 122 Asia Pacific Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 123 Asia Pacific Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 124 Asia Pacific Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 125 Asia Pacific Offline Market by Country, 2018 - 2021, USD Million
TABLE 126 Asia Pacific Offline Market by Country, 2022 - 2028, USD Million
TABLE 127 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 128 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 129 Asia Pacific Luxury Watch Market by Country, 2018 - 2021, USD Million
TABLE 130 Asia Pacific Luxury Watch Market by Country, 2022 - 2028, USD Million
TABLE 131 China Luxury Watch Market, 2018 - 2021, USD Million
TABLE 132 China Luxury Watch Market, 2022 - 2028, USD Million
TABLE 133 China Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 134 China Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 135 China Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 136 China Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 137 Japan Luxury Watch Market, 2018 - 2021, USD Million
TABLE 138 Japan Luxury Watch Market, 2022 - 2028, USD Million
TABLE 139 Japan Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 140 Japan Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 141 Japan Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 142 Japan Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 143 India Luxury Watch Market, 2018 - 2021, USD Million
TABLE 144 India Luxury Watch Market, 2022 - 2028, USD Million
TABLE 145 India Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 146 India Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 147 India Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 148 India Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 149 South Korea Luxury Watch Market, 2018 - 2021, USD Million
TABLE 150 South Korea Luxury Watch Market, 2022 - 2028, USD Million
TABLE 151 South Korea Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 152 South Korea Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 153 South Korea Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 154 South Korea Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 155 Singapore Luxury Watch Market, 2018 - 2021, USD Million
TABLE 156 Singapore Luxury Watch Market, 2022 - 2028, USD Million
TABLE 157 Singapore Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 158 Singapore Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 159 Singapore Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 160 Singapore Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 161 Malaysia Luxury Watch Market, 2018 - 2021, USD Million
TABLE 162 Malaysia Luxury Watch Market, 2022 - 2028, USD Million
TABLE 163 Malaysia Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 164 Malaysia Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 165 Malaysia Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 166 Malaysia Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 167 Rest of Asia Pacific Luxury Watch Market, 2018 - 2021, USD Million
TABLE 168 Rest of Asia Pacific Luxury Watch Market, 2022 - 2028, USD Million
TABLE 169 Rest of Asia Pacific Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 170 Rest of Asia Pacific Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 171 Rest of Asia Pacific Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 172 Rest of Asia Pacific Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 173 LAMEA Luxury Watch Market, 2018 - 2021, USD Million
TABLE 174 LAMEA Luxury Watch Market, 2022 - 2028, USD Million
TABLE 175 LAMEA Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 176 LAMEA Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 177 LAMEA Electronic Market by Country, 2018 - 2021, USD Million
TABLE 178 LAMEA Electronic Market by Country, 2022 - 2028, USD Million
TABLE 179 LAMEA Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 180 LAMEA Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 181 LAMEA Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 182 LAMEA Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 183 LAMEA Offline Market by Country, 2018 - 2021, USD Million
TABLE 184 LAMEA Offline Market by Country, 2022 - 2028, USD Million
TABLE 185 LAMEA Online Market by Country, 2018 - 2021, USD Million
TABLE 186 LAMEA Online Market by Country, 2022 - 2028, USD Million
TABLE 187 LAMEA Luxury Watch Market by Country, 2018 - 2021, USD Million
TABLE 188 LAMEA Luxury Watch Market by Country, 2022 - 2028, USD Million
TABLE 189 Brazil Luxury Watch Market, 2018 - 2021, USD Million
TABLE 190 Brazil Luxury Watch Market, 2022 - 2028, USD Million
TABLE 191 Brazil Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 192 Brazil Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 193 Brazil Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 194 Brazil Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 195 Argentina Luxury Watch Market, 2018 - 2021, USD Million
TABLE 196 Argentina Luxury Watch Market, 2022 - 2028, USD Million
TABLE 197 Argentina Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 198 Argentina Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 199 Argentina Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 200 Argentina Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 201 UAE Luxury Watch Market, 2018 - 2021, USD Million
TABLE 202 UAE Luxury Watch Market, 2022 - 2028, USD Million
TABLE 203 UAE Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 204 UAE Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 205 UAE Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 206 UAE Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 207 Saudi Arabia Luxury Watch Market, 2018 - 2021, USD Million
TABLE 208 Saudi Arabia Luxury Watch Market, 2022 - 2028, USD Million
TABLE 209 Saudi Arabia Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 210 Saudi Arabia Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 211 Saudi Arabia Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 212 Saudi Arabia Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 213 South Africa Luxury Watch Market, 2018 - 2021, USD Million
TABLE 214 South Africa Luxury Watch Market, 2022 - 2028, USD Million
TABLE 215 South Africa Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 216 South Africa Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 217 South Africa Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 218 South Africa Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 219 Nigeria Luxury Watch Market, 2018 - 2021, USD Million
TABLE 220 Nigeria Luxury Watch Market, 2022 - 2028, USD Million
TABLE 221 Nigeria Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 222 Nigeria Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 223 Nigeria Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 224 Nigeria Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 225 Rest of LAMEA Luxury Watch Market, 2018 - 2021, USD Million
TABLE 226 Rest of LAMEA Luxury Watch Market, 2022 - 2028, USD Million
TABLE 227 Rest of LAMEA Luxury Watch Market by Product, 2018 - 2021, USD Million
TABLE 228 Rest of LAMEA Luxury Watch Market by Product, 2022 - 2028, USD Million
TABLE 229 Rest of LAMEA Luxury Watch Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 230 Rest of LAMEA Luxury Watch Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 231 Key Information – Apple, Inc.
TABLE 232 Key Information – Fossil Group, Inc.
TABLE 233 Key Information – Movado Group, Inc.
TABLE 234 key Information – LVMH SE
TABLE 235 key Information – Ralph Lauren Corporation
TABLE 236 Key Information –Citizen Watch Co., Ltd.
TABLE 237 Key Information – The Swatch Group Ltd
TABLE 238 Key Information – Compagnie Financière Richemont SA
TABLE 239 Key Information – SEIKO HOLDINGS CORPORATION
TABLE 240 Key Information – Rolex SA

List of Figures
FIG 1 Methodology for the research
FIG 2 Global Luxury Watch Market share by Product, 2021
FIG 3 Global Luxury Watch Market share by Product, 2028
FIG 4 Global Luxury Watch Market by Product, 2018 - 2028, USD Million
FIG 5 Global Luxury Watch Market share by Distribution Channel, 2021
FIG 6 Global Luxury Watch Market share by Distribution Channel, 2028
FIG 7 Global Luxury Watch Market by Distribution Channel, 2018 - 2028, USD Million
FIG 8 Global Luxury Watch Market share by Region, 2021
FIG 9 Global Luxury Watch Market share by Region, 2028
FIG 10 Global Luxury Watch Market by Region, 2018 - 2028, USD Million
FIG 11 SWOT Analysis: apple, Inc.
FIG 12 Recent strategies and developments: Fossil Group, Inc.

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