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Global Luxury Watch Market Overview Covering Forecast Market Size And Growth Rate | Rolex SA, Apple Inc, Compagnie Financiere Richemont SA, The Swatch Group Ltd, LVMH
Luxury Watch Market
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The global luxury watch market reached a value of nearly $29,194.29 million in 2022, having grown at a compound annual growth rate (CAGR) of 0.5% since 2017. The market is expected to grow from $29,194.29 million in 2022 to $37,291.21 million in 2027 at a rate of 5.0%. The market is then expected to grow at a CAGR of 6.0% from 2027 and reach $50,004.74 million in 2032.
A luxury watch refers to one that is built of high-end, premium materials, has complicated, advanced movements, and is frequently produced by hand. The highest levels of accuracy, performance, quality, and attention to detail are guaranteed by luxury watch manufacturers.
The luxury watch market consists of sales, by entities (organizations, sole traders, and partnerships), of luxury watches that are manufactured by a significant and well-established watchmaker known for producing high-quality and prestigious timepieces.
Companies operating in the luxury watch market are focusing on new technologies and developing new product solutions to strengthen their position in the market.
Luxury Watch Market Segmentation
• By Type - Digital Watch, Analog Watch
• By Distribution Channel - Online, Single Brand Store, Multi Brand Store
• By End User - Men, Women, Unisex
Some of the key players involved in the Luxury Watch market are Rolex SA, Apple Inc, Compagnie Financiere Richemont SA, The Swatch Group Ltd, LVMH
The regions covered in the global Luxury Watch market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
18. Competitive Landscape And Company Profiles
19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Luxury Watch Market, Conclusions And Recommendations
23. Appendix
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