100+ datasets found
  1. Market share of the leading luxury watch brands worldwide in 2024

    • statista.com
    Updated Nov 26, 2025
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    Statista (2025). Market share of the leading luxury watch brands worldwide in 2024 [Dataset]. https://www.statista.com/statistics/940579/market-share-of-swiss-watch-brands-worldwide/
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    Dataset updated
    Nov 26, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

     In 2024, Rolex was the largest player in the global luxury watch market with more than ********* retail market share in the luxury watch industry. Other well-known Swiss brands Cartier and Omega followed Rolex in the ranking with market shares of * percent and * percent, respectively. World capital of luxury watches   The concept of luxury watches is almost synonymous with Swiss watches. Renowned for their precision, quality and durability, watches from Switzerland are in high demand all around the globe. The domination of Swiss watches in the luxury watch market, which is a multi-billion-dollar industry, is further attested by the ranking of leading luxury watch brands based on their annual sales. The worldwide success of Swiss watch brands also plays an important role for the economy of Switzerland, as the country generated almost ** billion Swiss francs from the export of luxury watches in 2023.    Future of traditional watches  Even though Swiss watches are perceived, sold, and owned as luxury goods items, the future of traditional, analog watches may not be as bright as the economic figures indicate. In 2019, Apple Watch alone outperformed the entire Swiss watch industry, which could indicate a shift in consumer choices towards more digital options.

  2. c

    The Global Wrist Watch market size was USD 63.9 billion in 2023!

    • cognitivemarketresearch.com
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    Cognitive Market Research, The Global Wrist Watch market size was USD 63.9 billion in 2023! [Dataset]. https://www.cognitivemarketresearch.com/wrist-watch-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, The Global Wrist Watch market size is USD 63.9 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.30% from 2023 to 2030.

    The demand for wrist watch is rising due to the growing use on sports.
    Demand for smart watch remains higher in the wrist watch market.
    The online held the highest wrist watch market revenue share in 2023.
    North America will continue to lead, whereas the Europe wrist watch market will experience the strongest growth until 2030.
    

    Growing Use of Smartwatches to Provide Viable Market Output

    The wristwatch market is where smartwatch technology is always evolving and improving. Smartwatches have become a crucial market as consumers adopt wearables with connectivity, fitness tracking, and health monitoring features. Technological advancements, including blood oxygen level monitoring, ECG monitoring, and smartphone connectivity, pique consumer interest. These gadgets provide multifunctionality that complements contemporary lifestyles and tells the time. Like other wearables, smartwatches are jam-packed with capabilities that let users automate daily tasks. These functions include voice help, calling and messaging, navigation, pairing with other connected devices, and more. Smartwatches' operating system and user interface (UI) have seen significant technological advancements.

    For instance, In July 2023, The Epix Pro Series of smartwatches was introduced by Garmin. This watch monitors exercise and health, has a 31-day battery life, an AMOLED crystal-clear display, and three watch designs with an integrated LED for illumination.

    (Source: www.garmin.co.in/news/press-release/news-2023-jul-fenix7-epix/)

    Fashion and Luxury Appeal to Propel Market Growth
    

    The wristwatch market is the timeless appeal of wristwatches as status symbols and fashion accessories. Not only can luxury and designer watches serve as useful timepieces, but they are also physical representations of an individual's achievement and sense of style. This is why they continue to be popular. Consumers frequently view these watches as investments that increase in value over time. Traditional analog clocks have a timeless charm and meticulous craftsmanship that captivates collectors who value these timepieces' engineering and artistic merits. Watchmakers and high-end fashion businesses working together fosters innovation and consumer interest even more. These collaborations create a unique blend of technology and craftsmanship that appeals to customers looking for originality, sophistication, and a chance to express themselves through watchmaking.

    Supermarket and Malls fuels the Market Growth
    

    The growing footprint of organized retail outlets such as supermarkets, hypermarkets, and shopping malls is playing a significant role in driving wristwatch sales globally. These retail environments provide greater product visibility, wide-ranging brand options, and a more personalized shopping experience, allowing consumers to physically examine watch features, materials, and aesthetics before purchase. Malls, in particular, serve as high-traffic hubs that combine luxury watch boutiques and mid-range brand kiosks, thereby catering to diverse income segments in a single location. Additionally, in emerging economies, the increasing presence of modern retail chains has improved access to branded wristwatches in tier-2 and tier-3 cities, further accelerating market penetration. Promotions, festive discounts, and in-store brand activations in these venues also influence impulse purchases, boosting overall sales volume.

    Market Dynamics of the Wrist Watch

    Restrains of the Wrist Watch Market

    Economic Uncertainty to Hinder Market Growth
    

    The market for wristwatches is severely challenged by economic instability. Variations in the world economy, such as the COVID-19 pandemic's recent effects, can have a big impact on consumers' disposable income and purchasing habits. Demand for wristwatches, particularly in the high-end luxury market, may fall during recessions or other periods of unstable finances as customers prioritize spending on necessities over luxuries. To stay competitive and appeal to a wider range of customers, the market must modify its pricing tactics to overcome these obstacles. To weather economic challenges and preserve market viability, wristwatch makers and retailers...

  3. Market share of the leading luxury watch groups worldwide in 2024

    • statista.com
    Updated Nov 26, 2025
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    Statista (2025). Market share of the leading luxury watch groups worldwide in 2024 [Dataset]. https://www.statista.com/statistics/940596/market-share-of-swiss-watch-companies-worldwide/
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    Dataset updated
    Nov 26, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

    This statistic shows the market share of the leading Swiss watch companies worldwide in 2024. In 2024, Rolex had the largest share of the luxury watch market, with a **** percent share of the global market. Swatch was the second biggest Swiss watch company, holding a **** percent share of the market that year.

  4. Luxury Watch Market Analysis | Industry Forecast, Size & Report Insights

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Nov 25, 2025
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    Mordor Intelligence (2025). Luxury Watch Market Analysis | Industry Forecast, Size & Report Insights [Dataset]. https://www.mordorintelligence.com/industry-reports/luxury-watch-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Nov 25, 2025
    Dataset provided by
    Authors
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2029
    Area covered
    Global
    Description

    Luxury Watch Market Analysis | Industry Forecast, Size & Report Insights

    Dataset updated: Jun 27, 2024

    Dataset authored and provided by: Mordor Intelligence

    License: https://www.mordorintelligence.com/privacy-policy

    Time period covered: 2019 - 2029

    Area covered: Global

    Variables measured: CAGR, Market size, Market share analysis, Global trends, Industry forecast

    Description: The Luxury Watch Market size is estimated at USD 51.31 billion in 2024, and is expected to reach USD 68.17 billion by 2029, growing at a CAGR of 5.84% during the forecast period (2024-2029)

    Quantitative Units: Revenue in USD Billion, Volumes in Units, Pricing in USD

    Regions and Countries Covered (from Scope of Report):

    • North America: United States, Canada, Mexico, Rest of North America
    • Europe: Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe
    • Asia-Pacific: India, China, Australia, Japan, Rest of Asia-Pacific
    • South America: Brazil, Argentina, Rest of South America
    • Middle East & Africa: United Arab Emirates, South Africa, Rest of Middle East & Africa

    Industry Segmentation Covered (from Scope of Report):

    Type: Quartz or Mechanical Watch, Digital Watch

    End User: Women, Men, Unisex

    Distribution Channel: Online Retail Stores, Offline Retail Stores

    Market Players Covered: Rolex SA, The Swatch Group Ltd, Compagnie Financiere Richemont SA, Patek Philippe SA, and Audemars Piguet.

    Market Estimates and Report Statistics

    Report AttributeKey Statistics
    Study Period2019-2029
    Market Size (2024)USD 51.31 Billion
    Market Size (2029)USD 68.17 Billion
    CAGR (2024 - 2029)5.84%
    Fastest Growing MarketSouth America
    Largest MarketAsia Pacific

    By Product Type

    Product TypeMarket Size Data Available fromCAGR % (2024-2029), Revenue in USD Million
    Quartz/ Mechanical Luxury Watches2019 to 2029x%
    Digital Luxury Watches2019 to 2029x%
    Total2019 to 20295.84%

    By End User

    End UserMarket Size Data Available fromCAGR % (2024-2029), Revenue in USD Million
    Men’s Luxury Watches2019-2029x%
    Women’s Luxury Watches2019-2029x%
    Unisex Luxury Watches2019-20296.90%
    Total2019-2029x%

    By Distribution Channel

    Distribution ChannelMarket Size Data Available fromCAGR % (2024-2029), Revenue in USD Million
    Offline Retail Stores2019-20294.13%
    Online Retail Stores2019-2029x%
    Total2019-2029x%

    Luxury Watch Sales by Region

    RegionStudy PeriodCAGR % (2024-2029), Revenue in USD Million
    North America2019-2029x%
    Europe2019-2029x%
    Asia Pacific2019-2029x%
    South America2019-2029x%
    Middle East & Africa2019-2029x%
    Total2019-20295.84%
  5. Watch Market Size, Growth, Share & Competitive Landscape 2030

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Jul 27, 2025
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    Mordor Intelligence (2025). Watch Market Size, Growth, Share & Competitive Landscape 2030 [Dataset]. https://www.mordorintelligence.com/industry-reports/watch-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jul 27, 2025
    Dataset provided by
    Authors
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2020 - 2030
    Area covered
    Global
    Description

    The Watch Market Report is Segmented by Product Type (Quartz/Mechanical and Digital Watch), Category (Mass and Premium), End User (Men, Women, and Unisex), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores and More), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

  6. P

    Pre-owned Luxury Watches Market Report

    • archivemarketresearch.com
    doc, pdf, ppt
    Updated Jul 16, 2025
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    Archive Market Research (2025). Pre-owned Luxury Watches Market Report [Dataset]. https://www.archivemarketresearch.com/reports/pre-owned-luxury-watches-market-254
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    Jul 16, 2025
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    global
    Variables measured
    Market Size
    Description

    The Pre-owned Luxury Watches Market size was valued at USD 26.52 billion in 2023 and is projected to reach USD 49.11 billion by 2032, exhibiting a CAGR of 9.2 % during the forecasts period.

  7. L

    Luxury Watch Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Aug 23, 2025
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    Market Report Analytics (2025). Luxury Watch Market Report [Dataset]. https://www.marketreportanalytics.com/reports/luxury-watch-market-4622
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    doc, ppt, pdfAvailable download formats
    Dataset updated
    Aug 23, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    Discover the latest trends in the $37.17 billion luxury watch market. This comprehensive analysis reveals a steady growth trajectory (CAGR 2.08%), driven by emerging markets and brand innovation. Explore regional market shares, leading brands, and future projections (2025-2033).

  8. c

    Global Watches and Clocks Market size is USD 48510.6 million in 2024.

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Feb 8, 2025
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    Cognitive Market Research (2025). Global Watches and Clocks Market size is USD 48510.6 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/watches-and-clocks-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Feb 8, 2025
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Watches and Clocks Market size is USD 48510.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.50% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 19404.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 14553.18 million in 2024.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 11157.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
    Latin America had a market share of around 5% of the global revenue with a market size of USD 2425.53 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 970.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
    Luxury Watches has the highest Watches and Clocks Market revenue share in 2024.
    

    Market Dynamics of Watches and Clocks Market

    Key Drivers for the Watches and Clocks Market

    Expanding E-commerce And Online Retail Channels To Drive Market Growth

    The growth of e-commerce and online retail channels is significantly driving the expansion of the Watches and Clocks Market. With the increasing penetration of the internet and the widespread adoption of smartphones, consumers now have unparalleled access to a vast array of watch brands and styles at their fingertips. Online platforms offer a convenient and efficient shopping experience, enabling customers to browse, compare, and purchase products from the comfort of their homes. Additionally, e-commerce allows brands to reach a global audience, breaking down geographical barriers and expanding their customer base. The availability of detailed product descriptions, customer reviews, and virtual try-on features enhances the online shopping experience, instilling confidence in consumers. Furthermore, the rise of social media and digital marketing strategies has amplified brand visibility and engagement, driving traffic to online stores. As a result, the continued expansion of e-commerce and online retail channels is poised to play a pivotal role in the sustained growth of the Watches and Clocks Market.

    Advancements in Smartwatch Technology Are Attracting Tech-savvy Consumers to Boost Market Expansion

    Advancements in smartwatch technology are significantly attracting tech-savvy consumers, propelling the growth of the Watches and Clocks Market. Modern smartwatches now offer a plethora of features that go beyond just timekeeping. These devices incorporate health and fitness tracking, GPS navigation, mobile notifications, and even contactless payment capabilities, making them indispensable tools for daily life. The integration of advanced sensors and improved battery life has enhanced their functionality and user experience. Moreover, the development of customizable watch faces and interchangeable bands allows consumers to personalize their devices, aligning them with their style and preferences. Continuous innovation in wearable technology, such as the incorporation of AI-driven features and seamless connectivity with other smart devices, further enhances their appeal. As a result, the rapid advancements in smartwatch technology are attracting a growing base of tech-savvy consumers, driving market growth and expanding the horizon for the Watches and Clocks Market.

    Restraint Factor for the Watches and Clocks Market

    High Cost Of Luxury And Premium Watches to Hinder Market Expansion

    The high cost of luxury and premium watches is a significant factor restraining the growth of the Watches and Clocks Market. Luxury timepieces, often crafted with exquisite materials and intricate designs, come with substantial price tags that place them out of reach for many consumers. These high costs can deter potential buyers, particularly in price-sensitive markets or during economic downturns when discretionary spending is limited. Additionally, the premium pricing of luxury watches can lead to a narrower customer base, primarily appealing to affluent individuals and collectors, thus limiting mass-market appeal. This...

  9. Share of luxury watches owned by consumers in Japan 2016, by brand

    • statista.com
    Updated Aug 24, 2017
    + more versions
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    Statista (2017). Share of luxury watches owned by consumers in Japan 2016, by brand [Dataset]. https://www.statista.com/statistics/740801/japan-luxury-watches-ownership-share-by-brand/
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    Dataset updated
    Aug 24, 2017
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 18, 2016 - Mar 21, 2016
    Area covered
    Japan
    Description

    The statistic presents the results of an online survey conducted in 2016 about the distribution of luxury wrist watches owned by consumers in Japan, broken down by brand. The survey revealed that with ** percent the majority of respondents owned Rolex watches.

  10. Global Affordable Watch Market Size By Product Type, By End-User, By...

    • verifiedmarketresearch.com
    Updated Aug 13, 2024
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    VERIFIED MARKET RESEARCH (2024). Global Affordable Watch Market Size By Product Type, By End-User, By Material, By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/affordable-watch-market/
    Explore at:
    Dataset updated
    Aug 13, 2024
    Dataset provided by
    Verified Market Researchhttps://www.verifiedmarketresearch.com/
    Authors
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2024 - 2031
    Area covered
    Global
    Description

    Affordable Watch Market size was valued at USD 1.5 Billion in 2023 and is estimated to reach USD 6.2 Billion by 2031, growing at a CAGR of 24.6% from 2024 to 2031.

    Global Affordable Watch Market Drivers

    The market drivers for the Affordable Watch Market can be influenced by various factors. These may include:

    Growing Middle-Class: As the middle class grows, especially in emerging economies, there is more demand for stylish watches that are also affordable.

    Changing Consumer Preferences: More and more, people want stylish, high-quality watches that are also reasonable, which is driving interest in cheap options.

    Global Affordable Watch Market Restraints

    Several factors can act as restraints or challenges for the Affordable Watch Market. These may include:

    As a result of the large number: of brands that sell cheap watches, the market is very competitive, which can cause price fights and smaller profit margins.

    Price Pressure: It can be hard to keep prices low while keeping quality high when the costs of products and production are always changing.

  11. Luxury watches shared market over traditional market in the U.S. 2020-2025

    • statista.com
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    Statista, Luxury watches shared market over traditional market in the U.S. 2020-2025 [Dataset]. https://www.statista.com/statistics/1280398/luxury-watches-shared-market-share-us/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2021
    Area covered
    United States
    Description

    According to Statista estimates, shared luxury watch market in the United States constituted approximately **** percent of the traditional luxury watches market in 2020. Share of this market over traditional market is forecast to increase continuously in the next five years, reaching to about **** percent in 2025.

  12. c

    Global Sport Watches Market Report 2025 Edition, Market Size, Share, CAGR,...

    • cognitivemarketresearch.com
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    Cognitive Market Research, Global Sport Watches Market Report 2025 Edition, Market Size, Share, CAGR, Forecast, Revenue [Dataset]. https://www.cognitivemarketresearch.com/sport-watches-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    Global Sport Watches market size 2021 was recorded $23947.1 Million whereas by the end of 2025 it will reach $31861.8 Million. According to the author, by 2033 Sport Watches market size will become $56403.3. Sport Watches market will be growing at a CAGR of 7.4% during 2025 to 2033.

  13. c

    Sports Watches market size was USD 25.9 billion in 2023!

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Oct 28, 2025
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    Cognitive Market Research (2025). Sports Watches market size was USD 25.9 billion in 2023! [Dataset]. https://www.cognitivemarketresearch.com/sports-watches-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Oct 28, 2025
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, The worldwide sports watches market estimation is USD 25.9 billion in 2023 and will grow and expand at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030.

    The demand for Sports Watches is rising due to the growing emphasis on Sports Watches providing unparalleled Biofeedback.
    Demand for mechanical sports watches remains higher in the Sports Watches market.
    The men's category held the highest Sports Watches market revenue share in 2023.
    Europe will continue to lead, whereas the Asia Pacific Sports Watches market will experience the strongest growth until 2030.
    

    Sports Watches Provide Unparalleled Biofeedback to Provide Viable Market Output

    Sports watches that go above and beyond the norm can provide the user with seamless biofeedback, information that is crucial for athletic development. Instantaneous data on speed, heart rate, and heart rate variability effectively offer a full picture of the present training condition when supplemented with information on the weather and oxygen levels.

    Data from the World Bank show that India's GDP per person reached USD 2,277 in 2021, a rise of 17.81% from 2020. These elements will likely cause the Indian watch market to expand in the next years.

    The biofeedback data a watch gives enables a seamless link between information and real-time performance conditions, something a phone cannot claim.

    Users Are Encouraged To Pause And Take A Breath to Propel Market Growth
    

    Sports timepieces come with built-in functionality that may alert wearers when it's time to take a break. Some of these apps allow users to personalize their watch's daily reminders to take a breather. In contrast, others include guided breathing exercises that may last anywhere between one and five minutes and are meant to help individuals relax.

    For instance, Rohit Sharma, the captain of the Indian cricket team, was featured in print advertisements for TAGG, an Indian watch company, in July 2022 while using a TAGG smartwatch. Similarly to this, the well-known Indian firm "Boat" uses cricketers like K L Rahul and others to advertise its wearable products, including the smartwatches it sells.

    Whether people are conscious of their predisposition to lose it in difficult situations or generally remain composed, small reminders throughout the day to maintain breathing in the back of the head can help to lessen overall stress levels.

    Technological Advancements Fuels the Market Growth
    

    Market Dynamics of Sports Watches

    Unaffordable and Inaccurate Data to Hinder Market Growth
    

    The accuracy of a smartwatch's heart rate sensor and steps counter needs to be better established. Hopefully, the manufacturers will review the information and enhance sensor feedback. Luxury items are quite expensive. That concept is familiar and revolutionary. However, purchasing an Andy Warhol artwork or a Ferrari results in a price tag that most people are content to accept — seller, buyer, and the general market - comparable items from the world of watches are sometimes criticized for being "too expensive." Not that spending the same amount on a watch as a sports vehicle is a smart move.

    COVID–19 Impact on the Sports Watches Market

    With the aid of sports watches, pre-symptomatic carriers are unlikely to be identified using existing testing methodologies because the majority of illnesses are only found after symptoms appear, making it difficult to deploy early-stage treatments that minimize transmission. In order to accelerate the expansion of the sports watch industry, there is a vital need for simple, affordable solutions for the early, real-time detection of COVID-19. Introduction of Sports Watches

    Sports watches are known for being very durable, functional, and usually water-resistant. A sports watch has to have a clear display, be somewhat shockproof, and be incredibly resistant to bumps and scratches. Usually, this has a stopwatch and a timer for running or other physical activity. Although some wristwatches with the name "chronograph" also include a stopwatch feature, digital sports watches like G-Shocks are more likely to have one.

    Due to an increase in COVID-19 cases, COVID-19 increased awareness of fitness. As a result of an increase in the sale of health-tracking products, businesses like Apple and Garmin have seen a 20% ...

  14. Luxury watches shared market over traditional market in Spain 2020-2025

    • statista.com
    Updated Sep 26, 2025
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    Statista (2025). Luxury watches shared market over traditional market in Spain 2020-2025 [Dataset]. https://www.statista.com/statistics/1280417/luxury-watches-shared-market-share-spain/
    Explore at:
    Dataset updated
    Sep 26, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2021
    Area covered
    Spain
    Description

    According to Statista estimates, the market for shared luxury watches in Spain accounted for approximately *** percent of the luxury watches market in 2020. The share of this market over traditional market is forecast to increase overall in the next five years, reaching to almost *** percent in 2025.

  15. c

    Luxury Watches Market size was USD 43.6 billion in 2023!

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Aug 22, 2025
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    Cognitive Market Research (2025). Luxury Watches Market size was USD 43.6 billion in 2023! [Dataset]. https://www.cognitivemarketresearch.com/luxury-watches-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Aug 22, 2025
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, The global Luxury Watches market size will be USD 43.6 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.

    The demand for Luxury Watches is increasing the number of affluent individuals globally. 
    Demand for High-Quality, Luxurious Watches in the Luxury Watches market.
    The Mechanical Quartz and online sales category held the highest Luxury Watches market revenue share in 2023.
    Asia Pacific will continue to lead, whereas the European luxury Watches market will experience the most substantial growth until 2030. 
    

    Increase in Demand for High-Quality, Luxurious Watches to Provide Viable Market Output

    The global luxury watches market is thriving due to an escalating demand for high-quality and opulent timepieces. Consumers' growing appreciation for craftsmanship, precision, and brand exclusivity is fueling the market's robust expansion. Luxury watches are increasingly regarded as status symbols, contributing to their desirability. As a result, renowned watchmakers are focusing on creating exceptional designs and incorporating innovative features to meet the evolving expectations of discerning buyers. This surge in demand for luxurious watches presents a lucrative market landscape, attracting both established brands and emerging players eager to cater to the growing appetite for sophisticated timepieces among consumers globally.

    For instance, in November 2020, Alibaba, Richemont, and Farfetch announced a strategic partnership to accelerate the digitization of the global luxury industry and give luxury brands better access to the Chinese market.

    (Source:www.gjepc.org/news_detail.php?news=farfetch-alibaba-richemont-tie-up-to-expedite-digitisation-of-luxury-industry)

    Growing Affluent Consumer Base to Propel Market Growth
    

    The luxury watches market is poised for growth, driven by an expanding affluent consumer base worldwide. As global economies prosper, consumers with higher disposable incomes increasingly view luxury watches as prestigious accessories. The market benefits from this elevated demand as luxury timepieces become symbols of status and sophistication. Renowned brands are capitalizing on this trend by offering exclusive designs and innovative features. The growing affinity for luxury watches among the affluent consumer segment positions the market for sustained expansion, with manufacturers focusing on meeting the evolving preferences of discerning buyers seeking both craftsmanship and a statement of luxury.

    For instance, in June 2020, Spanish fragrance and fashion firm Puig acquired a majority stake in London-based Charlotte Tilbury Beauty Ltd. to expand its existing portfolio of fashion, beauty, and fragrance businesses.

    (Source:www.globallegalpost.com/news/puig-buys-majority-stake-in-charlotte-tilbury-in-billion-dollar-deal-1569670469)

    Market Dynamics of Luxury Watches

    Targeting only the wealthy section of the Population to Restrict Market Growth
    

    Targeting only the wealthy segment may limit the potential growth of the luxury watches market. Exclusive pricing strategies may hinder market expansion by alienating a broader consumer base. Diversifying marketing approaches to appeal to aspirational and middle-income consumers, introducing more accessible collections, or implementing strategic partnerships could broaden the market reach. Emphasizing the craftsmanship, heritage, and unique features of luxury watches can create perceived value, fostering interest beyond the affluent demographic. A balanced marketing strategy that combines exclusivity with inclusivity may unlock untapped market potential and foster sustained growth in the luxury watches segment.

    Impact of COVID–19 on the Luxury Watches Market

    The global luxury watches market experienced a notable impact from COVID-19, with disruptions in production, supply chain challenges, and reduced consumer spending on non-essential items. Temporary store closures and a shift towards online sales characterized the industry during the pandemic. However, as economic conditions stabilize and consumer confidence returns, the luxury watches market is rebounding. Brands are adapting with digital strategies and emphasizing exclusivity and craftsmanship, driving recovery. The pandemic reshaped consumer behavior, accelerating e-commerce trends and emphasizing the importance of brand resili...

  16. D

    Sports Watches Market Report | Global Forecast From 2025 To 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Jan 7, 2025
    + more versions
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    Dataintelo (2025). Sports Watches Market Report | Global Forecast From 2025 To 2033 [Dataset]. https://dataintelo.com/report/sports-watches-market
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    csv, pdf, pptxAvailable download formats
    Dataset updated
    Jan 7, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Sports Watches Market Outlook



    The global sports watches market size is projected to witness substantial growth from USD 28.3 billion in 2023 to an estimated USD 45.9 billion by 2032, registering a compound annual growth rate (CAGR) of 5.6% during the forecast period. This significant growth trajectory is driven by the increasing consumer preference for health and fitness activities, the integration of advanced technologies in sports watches, and the growing trend of wearable technology among fitness enthusiasts. The market is propelled by consumer awareness regarding the importance of leading an active lifestyle, which is fueling the demand for innovative and multifunctional sports watches across various demographics.



    A major growth factor in the sports watches market is the increasing consumer inclination towards health and fitness, which has heightened the demand for wearable devices capable of tracking various physiological parameters. Sports watches today are not just about timekeeping; they have evolved into sophisticated devices equipped with features like heart rate monitoring, GPS tracking, calorie counters, and sleep tracking among others. These functionalities cater to the health-conscious and technology-savvy consumers who seek a holistic approach to fitness monitoring. The rise of fitness-conscious individuals, spurred by a global focus on wellness, has created a robust platform for the expansion of the sports watches market.



    Technological advancements have been pivotal in driving the sports watches market forward. The integration of cutting-edge technologies such as artificial intelligence, machine learning, and IoT in sports watches has significantly enhanced their appeal. These advancements have not only expanded the functional capabilities of sports watches but have also made them more user-friendly and efficient. The seamless connectivity with smartphones and other devices has made sports watches an indispensable accessory for tech enthusiasts and fitness professionals alike. Furthermore, manufacturers are continuously investing in research and development to introduce innovative products that offer better battery life, more accurate data tracking, and enhanced durability, thereby attracting a broader consumer base.



    The changing lifestyle and fashion trends are also contributing to the burgeoning demand for sports watches. Consumers today seek products that are not only functional but also stylish and versatile. This has prompted manufacturers to focus on the aesthetic aspect of sports watches, making them suitable for various occasions beyond sports and fitness activities. The availability of sports watches in various designs, colors, and materials caters to the diverse preferences of consumers, thereby boosting market growth. Additionally, the growing trend of personalization and customization in wearable technology is anticipated to provide further impetus to the sports watches market.



    The emergence of the Smart Sports Health Watch has revolutionized the way fitness enthusiasts monitor their health metrics. These watches are equipped with advanced sensors that provide real-time data on heart rate, oxygen levels, and even stress indicators, offering users a comprehensive view of their health. The seamless integration with mobile apps allows users to track their progress over time, set fitness goals, and receive personalized insights. This innovation not only enhances the user experience but also empowers individuals to take proactive steps towards a healthier lifestyle. As technology continues to advance, the Smart Sports Health Watch is expected to incorporate even more sophisticated features, further cementing its place as an essential tool for health-conscious consumers.



    From a regional perspective, the sports watches market is witnessing notable growth across several geographic regions. North America remains a dominant market, driven by high consumer spending, early adoption of technology, and a strong sports culture. Meanwhile, the Asia Pacific region is emerging as a significant market due to the rapidly growing middle-class population, rising disposable incomes, and increasing health awareness. The market in Europe is also growing steadily, supported by a well-established retail infrastructure and consumer inclination towards fitness and wellness. Latin America and the Middle East & Africa, although currently trailing in market share, are expected to exhibit potential growth due to increasing urbanization and growing interest in fitness activities.



    <h2&g

  17. m

    Luxury Quartz Watches Market Size, Share & Industry Trends Analysis 2033

    • marketresearchintellect.com
    Updated Jun 19, 2025
    + more versions
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    Market Research Intellect (2025). Luxury Quartz Watches Market Size, Share & Industry Trends Analysis 2033 [Dataset]. https://www.marketresearchintellect.com/product/global-luxury-quartz-watches-market-size-and-forecast/
    Explore at:
    Dataset updated
    Jun 19, 2025
    Dataset authored and provided by
    Market Research Intellect
    License

    https://www.marketresearchintellect.com/privacy-policyhttps://www.marketresearchintellect.com/privacy-policy

    Area covered
    Global
    Description

    Check Market Research Intellect's Luxury Quartz Watches Market Report, pegged at USD 7.5 billion in 2024 and projected to reach USD 12.3 billion by 2033, advancing with a CAGR of 6.3% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.

  18. Watch Industry in India - Size, Share & Market Overview

    • mordorintelligence.com
    pdf,excel,csv,ppt
    Updated Nov 21, 2025
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    Mordor Intelligence (2025). Watch Industry in India - Size, Share & Market Overview [Dataset]. https://www.mordorintelligence.com/industry-reports/india-watch-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Nov 21, 2025
    Dataset provided by
    Authors
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2020 - 2030
    Area covered
    India
    Description

    The India Watch Market Report is Segmented by Product Type (Quartz/Analog Watches, Digital Watches, Smartwatches), End User (Men, Women, Kids), Category (Premium, Mass), Distribution Channel (Online Retail Stores, Offline Retail Stores). The Market Forecasts are Provided in Terms of Value (USD).

  19. t

    Pre-owned Luxury Watches Market Demand, Size and Competitive Analysis |...

    • techsciresearch.com
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    TechSci Research, Pre-owned Luxury Watches Market Demand, Size and Competitive Analysis | TechSci Research [Dataset]. https://www.techsciresearch.com/report/pre-owned-luxury-watches-market/21714.html
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    Dataset authored and provided by
    TechSci Research
    License

    https://www.techsciresearch.com/privacy-policy.aspxhttps://www.techsciresearch.com/privacy-policy.aspx

    Description

    The Pre-owned Luxury Watches Market will grow from USD 27.84 Billion in 2025 to USD 47.87 Billion by 2031 at a 9.45% CAGR.

    Pages185
    Market Size2025 USD 27.84 Billion
    Forecast Market SizeUSD 47.87 Billion
    CAGR9.45%
    Fastest Growing SegmentOnline
    Largest MarketNorth America
    Key Players['Chrono24 GmbH', 'WatchBox Holdings US, Inc.', 'eBay Inc.', 'CME International, LLC dba', 'Crown & Caliber LLC', 'Watchfinder.co.uk Limited', 'TrueFacet, LLC', 'Govberg LLC', 'The Watch Club Limited', 'Watches of Switzerland Group']

  20. c

    Global Automatic Watches Market Report 2025 Edition, Market Size, Share,...

    • cognitivemarketresearch.com
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    Cognitive Market Research, Global Automatic Watches Market Report 2025 Edition, Market Size, Share, CAGR, Forecast, Revenue [Dataset]. https://www.cognitivemarketresearch.com/automatic-watches-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    Global Automatic Watches market size 2021 was recorded $4769.06 Million whereas by the end of 2025 it will reach $5790.2 Million. According to the author, by 2033 Automatic Watches market size will become $8535.23. Automatic Watches market will be growing at a CAGR of 4.97% during 2025 to 2033.

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Statista (2025). Market share of the leading luxury watch brands worldwide in 2024 [Dataset]. https://www.statista.com/statistics/940579/market-share-of-swiss-watch-brands-worldwide/
Organization logo

Market share of the leading luxury watch brands worldwide in 2024

Explore at:
2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Nov 26, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2024
Area covered
Worldwide
Description

 In 2024, Rolex was the largest player in the global luxury watch market with more than ********* retail market share in the luxury watch industry. Other well-known Swiss brands Cartier and Omega followed Rolex in the ranking with market shares of * percent and * percent, respectively. World capital of luxury watches   The concept of luxury watches is almost synonymous with Swiss watches. Renowned for their precision, quality and durability, watches from Switzerland are in high demand all around the globe. The domination of Swiss watches in the luxury watch market, which is a multi-billion-dollar industry, is further attested by the ranking of leading luxury watch brands based on their annual sales. The worldwide success of Swiss watch brands also plays an important role for the economy of Switzerland, as the country generated almost ** billion Swiss francs from the export of luxury watches in 2023.    Future of traditional watches  Even though Swiss watches are perceived, sold, and owned as luxury goods items, the future of traditional, analog watches may not be as bright as the economic figures indicate. In 2019, Apple Watch alone outperformed the entire Swiss watch industry, which could indicate a shift in consumer choices towards more digital options.

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