Press release
Global Watch Market Analysis 2022-2030: Trends, Forecasts, and Regional Dominance
Watch Market
Watches are one of the most popular accessories worldwide due to the immense variety available. The range of watches differs in features, purpose, trends, and functionality. The constant innovations in wristwatches have made them more functional as accessories. However, the COVID-19 pandemic has had a negative impact on the watch market, reducing demand and sales day by day. To counter this, the global market has adopted new technologies and sales strategies. This has resulted in increased sales rates.
๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐๐๐?
According to MRFR analysis, the global Watch Market is expected to register a CAGR of 4.45% from 2022 to 2030 and hold a value of over USD 73.56 Billion by 2030.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐ ๐ข๐ฅ๐ @ https://www.marketresearchfuture.com/sample_request/8027
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The European market dominates the industry with the largest share, as people in this region have high spending power and are more aware of premium watch brands. The Watch Market of Asia pacific countries holds the second largest share, due to the growing popularity of luxury watches and an increase in awareness among people in this region. Some other countries like China, Japan, Hong Kong, South Korea, and Australia also contribute to market growth. In the recent period, the increasing adoption of luxury watches and superior quality watches drive the Industry Growth.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
The global Watch market has been segmented into Type, Category, End-User, and Distribution Channel.
Based on type, the market has been segmented into smartwatches, analog watches, digital watches, chronograph watches, and others. Analog watches are expected to dominate the market as smartwatches become more popular due to their amazing features like cellular connection, unique design, tracking facility, and pulse and heart rate tracking.
Based on category, the market has been segmented into mechanical watches and quartz watches. The quartz watch segment is expected to dominate the market due to its low price and easy maintenance.
Based on Distribution Channel, the market has been segmented into store-based and non-store-based. The non-store-based segment is expected to grow at the highest CAGR during the assessment period due to the increasing number of e-commerce companies and the growing interest of consumers in buying online products.
Based on end-user, the market has been segmented into men, women, and unisex. The men's segment is expected to dominate the market because of the increasing demand for watches and accessories.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=8027
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ข๐ง ๐๐ก๐ ๐๐๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฎ๐๐ -
Fossil Group Inc. (US)
Titan Ltd. (India)
LVMH Group (France)
Apple Inc. (US)
Financiรจre Richemont SA (Switzerland)
Ralph Lauren Europe Sร rl (Switzerland)
Rolex SA (Switzerland)
Casio America Inc. (US)
The Swatch Group Ltd. (Switzerland)
Patek Philippe Sa. (Switzerland)
Citizen Watch Co. Ltd. (Japan)
Bucherer AG. (Switzerland)
Samsung Electronics Co. (South Korea)
Seiko Watch Corporation (Japan)
Fortis Watches AG (Switzerland)
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.marketresearchfuture.com/reports/watch-market-8027
๐๐๐ญ๐๐ก ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐๐ซ๐๐ก ๐๐๐๐:
This year's Watches and Wonders Fair saw the premiere of four new watches from Lange & Sรถhne. A homage to old precision watches is the RICHARD LANGE MINUTE REPEATER. The first watch made by Lange with a titanium case and bracelet is the third model in the ODYSSEUS line. Furthermore, the GRAND LANGE 1, which has a gray dial and is available in white or pink gold, shows how a traditional style can be elegantly updated without losing its appeal.
๐๐๐๐ ๐๐ฎ๐ซ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ -
๐๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐๐๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฅ๐จ๐๐๐ฅ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐ข๐ฅ๐ฅ ๐๐๐๐ -
https://www.marketresearchfuture.com/reports/luxury-watch-market-10897
๐๐๐ญ๐๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฅ๐จ๐๐๐ฅ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐ข๐ฅ๐ฅ ๐๐๐๐ -
https://www.marketresearchfuture.com/reports/watch-market/market-analysis
๐๐จ๐ง๐ญ๐๐๐ญ ๐ฎ๐ฌ:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ ๐ฎ๐ญ๐ฎ๐ซ๐:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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