The Watches Market is expected to be around US$ 113.96 Billion by 2027 at a CAGR of 13.57% in the given forecast period.
A watch is a movable clock planned to be carried by a person. It is planned to keep a reliable movement despite the motions caused by the person’s activities. A pocket watch is designed for a person to carry in a pocket, often attached to a chain.Usage of fitness watches by sportspersons or any other fitness-oriented person is drawing in more demand for these products and aiding the global market development. Easy accessibility of smart watch variations with respect to many age groups is promoting the product penetration in the market. Increasing fashion trends between public and growing disposable income of the working-class population on a worldwide level are projected to remain favourable factors in the market. Demand for these watches is observing high progress due to the introduction of new innovative products by renowned companies including Apple, Fitbit Inc., and Samsung. Furthermore, increasing inclination of people towards luxury watches, specifically Swiss made, is boosting the industry development. Some smart and fitness watches are user-friendly, cost-effectiveand have excellent battery life, which is attracting more customers. Fashionable accessories and Attractive featuresare creating alertness among the customers regarding the profits offered by these products. Moreover, presence of all the display features including timing and body mass percentage through several applications in smartphones is projected to limit the usage of watches.
The global Watches market is segregated on the basis of Product Outlook as Smart, Fitness, and Luxury. Based on Distribution Channel Outlook the global Watches market is segmented in Hyper/Super market, Convenience Stores, and Online. Based on Operation Outlook the global Watches market is segmented in Quartz and Mechanical.
The global Watches market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Watches market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
UlysseNardin, Rolex., IWC Schaffhausen, Chopard., Blancpain, Vacheron Constantin, Casio, Patek Philippe, AudemarsPiguet, Ralph Lauren, and others are among the major players in the global Watches market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Watches Market has been segmented as below:
Watches Market, By Product Outlook
Watches Market, By Distribution Channel Outlook
Watches Market, By Operation Outlook
Watches Market, By Region
Watches Market, By Company
The report covers:
Report Scope:
The global Watches market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Watches market share. Major industry players with significant revenue share include UlysseNardin, Rolex., IWC Schaffhausen, Chopard., Blancpain, Vacheron Constantin, Casio, Patek Philippe, AudemarsPiguet, Ralph Lauren, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Watches Market, By Product Outlook
5.1. Key Points
5.2. Smart
5.3. Fitness
5.4. Luxury
6. Watches Market, By Distribution Channel Outlook
6.1. Key Points
6.2. Hyper/Super market
6.3. Convenience Stores
6.4. Online
7. Watches Market, By Operation Outlook
7.1. Key Points
7.2. Quartz
7.3. Mechanical
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profiles
9.1 Ralph Lauren
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 UlysseNardin
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Rolex
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 IWC Schaffhausen
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Chopard
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Blancpain
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Vacheron Constantin
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Casio
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Patek Philippe
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 AudemarsPiguet
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Watches Market has been segmented as below:
Watches Market, By Product Outlook
Watches Market, By Distribution Channel Outlook
Watches Market, By Operation Outlook
Watches Market, By Region
Watches Market, By Company
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