Global Luxury Watches Market Research Report 2022
Watch is a kind of status and status symbol, reflecting a person's taste.
Due to the COVID-19 pandemic, the global Luxury Watches market size is estimated to be worth US$ 23880 million in 2021 and is forecast to a readjusted size of US$ 27210 million by 2028 with a CAGR of 1.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Luxury Watches market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Luxury Watches landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Men’s Luxury Watches accounting for % of the Luxury Watches global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Departmental Stores segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Luxury Watches include Audemars Piguet, Richemont, Citizen, Dinh Van, Dolce & Gabbana, Giorgio Armani, Hennessy Louis Vuitton, LVMH Moet and Movado, etc. In terms of revenue, the global 3 largest players have a % market share of Luxury Watches in 2021.
This report focuses on Luxury Watches volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Luxury Watches market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Luxury Watches Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Men’s Luxury Watches
Women’s Luxury Watches
Segment by Application
Departmental Stores
Exclusive Branded Showrooms
Online Retailing
Specialist Retailers
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Audemars Piguet
Richemont
Citizen
Dinh Van
Dolce & Gabbana
Giorgio Armani
Hennessy Louis Vuitton
LVMH Moet
Movado
Richard Mille
Rolex
Swatch Group
Due to the COVID-19 pandemic, the global Luxury Watches market size is estimated to be worth US$ 23880 million in 2021 and is forecast to a readjusted size of US$ 27210 million by 2028 with a CAGR of 1.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Luxury Watches market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Luxury Watches landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Men’s Luxury Watches accounting for % of the Luxury Watches global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Departmental Stores segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Luxury Watches include Audemars Piguet, Richemont, Citizen, Dinh Van, Dolce & Gabbana, Giorgio Armani, Hennessy Louis Vuitton, LVMH Moet and Movado, etc. In terms of revenue, the global 3 largest players have a % market share of Luxury Watches in 2021.
This report focuses on Luxury Watches volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Luxury Watches market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Luxury Watches Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Men’s Luxury Watches
Women’s Luxury Watches
Segment by Application
Departmental Stores
Exclusive Branded Showrooms
Online Retailing
Specialist Retailers
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Audemars Piguet
Richemont
Citizen
Dinh Van
Dolce & Gabbana
Giorgio Armani
Hennessy Louis Vuitton
LVMH Moet
Movado
Richard Mille
Rolex
Swatch Group
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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