Global Watch Market 2021-2025

Global Watch Market 2021-2025

  • March 2021 •
  • 120 pages •
  • Report ID: 3348535 •
  • Format: PDF
Global Watch Market 2021-2025
The analyst has been monitoring the watch market and it is poised to grow by $ 8.31 billion during 2021-2025, progressing at a CAGR of over 2% during the forecast period. Our report on the watch market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for premium watches and celebrity endorsements. In addition, the rising demand for premium watches is anticipated to boost the growth of the market as well.
The watch market analysis includes the product and distribution segments and geographic landscape.

The watch market is segmented as below:
By Product
• Quartz
• Mechanical

By Distribution Channel
• Offline
• Online

By Geographical Landscape
• Europe
• North America
• South America

This study identifies the growing number of fashion-conscious consumers as one of the prime reasons driving the watch market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on watch market covers the following areas:
• Watch market sizing
• Watch market forecast
• Watch market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading watch market vendors that include Casio Computer Co. Ltd., Citizen Systems Japan Co. Ltd., Compagnie Financiere Richemont SA, Fossil Group Inc., LVMH Moet Hennessy Louis Vuitton, Movado Group Inc., Ralph Lauren Corp., Rolex SA, Seiko Holdings Corp., and The Swatch Group Ltd. Also, the watch market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.