Global Women’s Watch Market Size study & Forecast, by Product Types (Mechanical, Smart, Other) by Distribution Channels (Direct Sales, Hypermarkets/ Supermarkets, Specialty Stores, Online retailing, Others) and Regional Analysis, 2022-2029
Global Women’s Watch Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Watch is a portable timepiece intended to be carried or worn by women. These Women are generally thinner and smaller compared to men watches. The increasing number of females working population, increase in disposable income, easy availability of the product coupled with the growing use of watches as a fashion trend are playing a significant role in market growth.
The rapid emergence of women’s fitness watches is acting as a catalyzing factor for market growth across the globe. The fitness watches offer various features such as track on menstrual cycle, analyze heartbeat rate, walk tracking, connecting with smartphones and other advanced applications which has raised the sales of women’s smartwatches. For instance, in March 2018, Fitbit unveiled its female-focused Versa smartwatch which is equipped with technology to track a user’s menstrual cycle and how it affects other aspects of their health including cramps or headaches. Similarly, in November 2018, Mevofit declared the launch of the ‘Women’s only’ fitness trackers Slim, Slim +HR. The product includes feminine-focused characteristics, including a premium, slim design, curved glass with round edges, and a diagonal groove on the strap that matches a seamless diamond cut to fit the tastes of contemporary ladies. Thereby, the surge in demand for fitness watches among women is bolstering the market growth at a substantial rate. Moreover, rising investment in the development of advanced technology, as well as the increase in innovative and customized designs are presenting various lucrative opportunities over the forecasting years. However, the presence of counterfeit products is challenging the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Women’s Watch Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the growing investment on technological advancements, along with rising number of leading market players. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the increasing disposable income, rising population, as well as growing trend of smartwatches among women in the market space.
Major market players included in this report are:
Swatch Group Ltd
Daniel Wellington
Apple Inc.
Bespoke Unit, LLC.
Rolex
Realme
Compagnie Financière Richemont SA
Titan Company Limited
Shreve & Co.
Ethos Watch Boutiques
Recent Developments in the Market:
In January 2023, Fastrack announced the introduction of the company’s first ‘affordable’ smartwatch- Reflex Beat+ with a 1.69” UltraVu display and 60 multi-sports modes. Also, it is a line-up of utility features.
Global Women’s Watch Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Types, Distribution Channels, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product Types:
Mechanical
Smart
Other
By Distribution Channels:
Direct Sales
Hypermarkets/ Supermarkets
Specialty Stores
Online retailing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Swatch Group Ltd
Daniel Wellington
Apple Inc.
Bespoke Unit, LLC.
Rolex
Realme
Compagnie Financière Richemont SA
Titan Company Limited
Shreve & Co.
Ethos Watch Boutiques
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook