Press release
Global Luxury Watch Market reach to a valuation of USD 53,211.7 Million by 2023
The Global Luxury Watch Market anticipated to flourish at a CAGR of 2.8% during the forecast period i.e. 2018- 2023. Further, the market is expected to reach to a valuation of USD 53,211.7 Million by the end of 2023. Continuous growth in the number of high net worth population is favoring the growth of the global luxury watch market. Swiss made luxury watches remains a top choice among consumers. Apart from this, innovations in luxury watch design is believed to benefit the growth of the market during the forecast period.
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The report begins with an overview for Luxury Watch Market. The research report broadly covers analysis of key market drivers, challenges, opportunities and trends. The study also provides separate analysis to understand market size, projections and macroeconomic indicators of global regions that affects the market share. The report also offers an extensive coverage of various industry players along with their recent product launches and market activities. The report also goes through porter’s five analyses for getting a better understanding about the forces that shape competition within the industry. There is a timeline considered for useful analysis i.e. 2017 is considered as base year, 2018 as estimated year and 2019-2023 as forecasted year. The market is divided into various segments and further sub-segments to drive the useful insights that can be utilized for company revenue growth and business.
The Luxury Watch Market is segmented on the basis of
By Type
- Mechanical Watch
- Quartz Watch
- Others
By Made
- Swiss Watches
- Others
By Demography
- Men
- Women
By Distribution Channel
- Online Store
- Single Brand Store
- Multi Brand Store
The research also does a separate geographical analysis that comprises both the region wise and country wise analysis. The geography covered in the report is North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) , Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) Latin America (Brazil, Mexico, Argentina and Rest of Latin America) and Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa). As per the report, Asia Pacific is likely to be the market giant in the upcoming years.
Considering the competition, the major vendors providing Luxury Watch Market across the globe are
- LVMH Moët Hennessy Louis Vuitton SE
- Rolex SA
- Compagnie Financière Richemont SA
- The Swatch Group
- Patek Philippe
- Audemars Piguet
- Chopard
- Girard- Perregaux
- Ulysse Nardin
- Breitling SA
- Other Major & Niche Key Players
These vendors have adopted various types of organic and inorganic growth strategies, such as new product launches, business expansions, partnerships and collaborations, and mergers and acquisitions, to expand their offerings and further expand their presence in the Luxury Watch Market.
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Table of Content:
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Luxury Watch Market
3. Global Luxury Watch Market Trends
4. Opportunities in Global Luxury Watch Market
5. Recent Industry Activities, 2017
6. Porter’s Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Luxury Watch Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)
9. Global Luxury Watch Market Segmentation Analysis, By Type
9.1. Introduction
9.2. Market Attractiveness, By Type
9.3. BPS Analysis, By Type
9.4. Mechanical Watch Market Size & Forecast (USD Million), 2017-2023
9.5. Quartz Watch Market Size & Forecast (USD Million), 2017-2023
9.6. Others Market Size & Forecast (USD Million), 2017-2023
10. Global Luxury Watch Market Segmentation Analysis, By Made
10.1. Introduction
10.2. Market Attractiveness, By Made
10.3. BPS Analysis, By Made
10.4. Swiss Watches Market Size & Forecast (USD Million), 2017-2023
10.5. Others Market Size & Forecast (USD Million), 2017-2023
Continue…
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About KD Market Insights
KD Market Insights has come with the idea of helping business by intelligent decision making and thorough understanding of the industry. We offer a comprehensive database of syndicated research, customized reports as well as consulting services to help a business grow in their respective domain. At KD Market Insights, we offer our client a deep Market research reports accompanied by business consulting services that can help them to reach on top of the corporate world. Our customized reports are built by keeping all factors of the industry in mind.
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