Global Luxury Watch Market: Size, Trends and Forecast (2019-2023)

Scope of the Report

The report entitled “Global Luxury Watch Market: Size, Trends and Forecast (2019-2023)” provides an in-depth analysis of the luxury watch market including detailed description of market sizing and growth. The report provides an analysis of the global luxury watch market by value, by product and by distribution channel. The report also provides a regional analysis of the luxury watch market for the following regions: Americas, Asia, Europe and ROW.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall luxury watch market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the luxury watch market are Rolex, LVMH Group, Richemont and The Swatch Group Ltd. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Country Coverage

Americas
Asia
Europe
ROW

Company Coverage

Rolex
LVMH Group
Richemont
The Swatch Group Ltd

Executive Summary

Luxury watches are characterized by their high level of price, quality and rarity and are superior to other kinds of watches in terms of comfort and refinement. Luxury watches can be made using a variety of materials such as gold, platinum, steel, titanium and ceramic. On the basis of watch styles, luxury watches can be divided into vintage style watches, diving watches, sports watches, limited edition watches and others.

Luxury watches have been segmented on the basis of product type, made, distribution channel and demography. The two major product types of luxury watches are mechanical and electronic. On the basis of made, luxury watches have been divided into Swiss watches and others. Distribution channels for luxury watches have been segmented into online and offline channels. On the basis of demography, luxury watches have been divided into male luxury watches and female luxury watches.

The global luxury watch market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as increasing air travel, growing demand for luxury watches among millennials, rise in e-commerce channels, etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are threat from counterfeit products and high production cost.

Tags :

Figure 1: Luxury Watch Styles
Figure 2: Metals Used in Luxury Watches
Figure 3: Luxury Watch Movements
Figure 4: Luxury Watch Complications
Figure 5: Luxury Watch Segmentation by Product Type
Figure 6: Luxury Watch Segmentation by Made, Distribution Channel and Demography
Figure 7: Global Luxury Watch Market by Value; 2018-2023 (US$ Billion)
Figure 8: Global Luxury Watch Market by Region; 2018 (Percentage, %)
Figure 9: Global Luxury Watch Market by Product; 2018 (Percentage, %)
Figure 10: Global Luxury Watch Market by Distribution Channel; 2018 (Percentage, %)
Figure 11: Global Mechanical Luxury Watch Market by Value; 2018-2023 (US$ Billion)
Figure 12: Global Electronic Luxury Watch Market by Value; 2018-2023 (US$ Billion)
Figure 13: Global Online Luxury Watch Market by Value; 2018-2023 (US$ Billion)
Figure 14: Global Offline Luxury Watch Market by Value; 2018-2023 (US$ Billion)
Figure 15: Americas Luxury Watch Market by Value; 2018-2023 (US$ Billion)
Figure 16: Asia Luxury Watch Market by Value; 2018-2023 (US$ Billion)
Figure 17: Europe Luxury Watch Market by Value; 2018-2023 (US$ Billion)
Figure 18: ROW Luxury Watch Market by Value; 2018-2023 (US$ Billion)
Figure 19: Global Airline Industry Number of Scheduled Passengers; 2014-2019 (Billion)
Figure 20: Global Annual Aggregate Income by Generation; 2020-2025 (US$ Trillion)
Figure 21: Global Urbanization Rates by Region; 2010-2040 (Percentage, %)
Figure 22: Global Luxury Goods E-commerce Sales; 2016-2025 (US$ Billion)
Figure 23: Global GDP in PPP Terms; 2000-2020 (US$ Trillion)
Figure 24: Global Social Network Users and Penetration; 2014-2020 (Billion, Percentage, %)
Figure 25: The US Luxury Watch Brands by Total Sales Share; 2018 (Percentage, %)
Figure 26: UK Luxury Watch Brands by Total Sales Share; 2018 (Percentage, %)
Figure 27: Inner London and Manhattan Luxury Watch Brands by Number of Agencies; 2019
Figure 28: LVMH Group Revenue; 2014-2018 (US$ Billion)
Figure 29: LVMH Group Revenue by Segments; 2018 (Percentage, %)
Figure 30: LVMH Group Revenue by Region; 2018 (Percentage, %)
Figure 31: Richemont Sales; 2015-2019 (US$ Billion)
Figure 32: Richemont Sales by Segments; 2019 (Percentage, %)
Figure 33: Richemont Sales by Region; 2019 (Percentage, %)
Figure 34: The Swatch Group Ltd Net Sales; 2014-2018 (US$ Billion)
Figure 35: The Swatch Group Ltd Net Sales by Segments; 2018 (Percentage, %)
Figure 36: The Swatch Group Ltd Net Sales by Region; 2018 (Percentage, %)
Table 1: Global Luxury Watch Market Players Financial Comparison; 2018/2019