Global Luxury Watch Market 2024-2028

Description

List of Tables

The luxury watch market is forecasted to grow by USD 4.03 bn during 2023-2028, accelerating at a CAGR of 2.08% during the forecast period. The report on the luxury 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by premiumization through luxury watch design and innovation, the growing influence of luxury watches in older generations, and strong brand positioning by luxury watch brands.

Technavio's luxury watch market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	1.48%
CAGR	2.08%
Incremental Value	$4.03bn

By End-user

Men
Women

By Distribution Channel

Offline
Online

By Geographical Landscape

Europe
North America
APAC
Middle East and Africa
South America

This study identifies the growing demand for customized luxury watches as one of the prime reasons driving the luxury watch market growth during the next few years. Also, expansion in online retail of luxury watches and the increasing popularity of vintage watches will lead to sizable demand in the market.

The report on the luxury watch market covers the following areas:

Luxury watch market sizing
Luxury watch market forecast
Luxury watch market industry analysis

The 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 luxury watch market vendors that include Breitling SA, Burberry Group Plc, Casio Computer Co. Ltd., Chanel Ltd., Citizen Watch Co. Ltd., Compagnie Financiere Richemont SA, Daniel Wellington AB, Dolce and Gabbana SRL, FESTINA LOTUS SA, Fossil Group Inc., Hermes International SA, Kering SA, Le petit fils de L.U. Chopard and Cie SA, LVMH Moet Hennessy Louis Vuitton SE, Movado Group Inc., Patek Philippe SA, Ralph Lauren Corp., Rolex SA, Seiko Holdings Corp., and The Swatch Group Ltd.. Also, the luxury watch market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage 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 publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR44627

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global luxury watch market 2018 - 2022
4.2 End-user Segment Analysis 2018 - 2022
4.3 Distribution Channel Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by End-user

6.1 Market segments
6.2 Comparison by End-user
6.3 Men - Market size and forecast 2023-2028
6.4 Women - Market size and forecast 2023-2028
6.5 Market opportunity by End-user

7 Market Segmentation by Distribution Channel

7.1 Market segments
7.2 Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
7.4 Online - Market size and forecast 2023-2028
7.5 Market opportunity by Distribution Channel

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 Middle East and Africa - Market size and forecast 2023-2028
9.7 South America - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 Germany - Market size and forecast 2023-2028
9.10 China - Market size and forecast 2023-2028
9.11 France - Market size and forecast 2023-2028
9.12 UK - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Breitling SA
12.4 Burberry Group Plc
12.5 Casio Computer Co. Ltd.
12.6 Chanel Ltd.
12.7 Citizen Watch Co. Ltd.
12.8 Compagnie Financiere Richemont SA
12.9 Daniel Wellington AB
12.10 Fossil Group Inc.
12.11 Le petit fils de L.U. Chopard and Cie SA
12.12 LVMH Moet Hennessy Louis Vuitton SE
12.13 Movado Group Inc.
12.14 Ralph Lauren Corp.
12.15 Rolex SA
12.16 Seiko Holdings Corp.
12.17 The Swatch Group Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations