Insights on the Global Watch Market 2021-2025: Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast 2025 – Technavio

NEW YORK, April 26, 2021 /PRNewswire/ —
The watch market is expected to grow…

NEW YORK, April 26, 2021 /PRNewswire/ —

The watch market is expected to grow by $ 8.31 bn, progressing at a CAGR of almost 2% during the forecast period. 

Download Free Sample Report 

The growing number of fashion-conscious consumers, rising demand for premium watches and celebrity endorsements are the major factors propelling the market growth. However, factors such as presence of counterfeit products, long product life cycle, limited product awareness in developing regions will hamper the market growth.

More details: Get Free Sample Report in MINUTES

Watch Market: Product Landscape

Based on the product, the quartz segment is expected to witness lucrative growth during the forecast period.

Watch Market: Distribution Channel Landscape

Based on the distribution channel, the offline segment is expected to witness lucrative growth during the forecast period.

Watch Market: Geographic Landscape

By geography, APAC is going to have a lucrative growth during the forecast period. About 58% of the market’s overall growth is expected to originate from APAC. China, Hong Kong, and Japan are the key markets for watches in APAC. The increased introduction of global brands and products and the rising adoption of premium watches will facilitate the watch market growth in APAC over the forecast period. 

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Get Free Sample Report in MINUTES

Related Reports on Consumer Discretionary Include:

  • Automotive Digital Key Market by Application and Geography – Forecast and Analysis 2021-2025- The automotive digital key market has the potential to grow by 1034.84 thousand units during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.66%. Get FREE sample report in minutes

     
  • Mobility-as-a-Service Market by Service and Geography – Forecast and Analysis 2021-2025- The mobility-as-a-service market size is expected to grow by USD 235 billion and record a CAGR of 33.92% during 2021-2025. Get FREE sample report in minutes

Companies Covered:

  • Casio Computer Co. Ltd.
  • Citizen Systems Japan Co. Ltd.
  • Compagnie Financiere Richemont SA
  • Fossil Group Inc.
  • LVMH Moet Hennessy Louis Vuitton
  • Movado Group Inc.
  • Ralph Lauren Corp.
  • Rolex SA
  • Seiko Holdings Corp.
  • The Swatch Group Ltd.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, until 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Quartz – Market size and forecast 2020-2025
  • Mechanical – Market size and forecast 2020-2025
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline – Market size and forecast 2020-2025
  • Online – Market size and forecast 2020-2025
  • Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Casio Computer Co. Ltd.
  • Citizen Systems Japan Co. Ltd.
  • Compagnie Financiere Richemont SA
  • Fossil Group Inc.
  • LVMH Moet Hennessy Louis Vuitton
  • Movado Group Inc.
  • Ralph Lauren Corp.
  • Rolex SA
  • Seiko Holdings Corp.
  • The Swatch Group Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Report Link: Get Free Sample Report in MINUTES

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/insights-on-the-global-watch-market-2021-2025-industry-analysis-market-trends-market-growth-opportunities-and-forecast-2025—technavio-301275816.html

SOURCE Technavio