Watches & Clocks Market Research Reports & Industry Analysis

Clocks and watches, also known as timekeeping pieces, are a part of an industry made up of primarily of manufacturers and assemblers of watches, clocks, time and date recording devices, timing mechanisms for clock devices and parts like springs, modules and jewels for these pieces. Though Switzerland is often touted as the leader in the watch and clock industry worldwide, the industry has its greatest focus in mainland Asia and Japan. In the U.S., clock and watch shipments dropped drastically in 2009 to $318 million, while the cost of materials increased to $162 million in 2010 from $146 million the year prior. Employment in these industries reflected these trends with the number of employees dropping from 1,703 in 2009 to 1,583 in 2010. While traditional clocks and watches have experienced downward trends in the United States, smartwatches, which are wrist-worn wearable devices with functionalities the surpass those of the traditional wristwatch, have grown in popularity. The global market for smartwatches was estimated to be valued at $702.5 million in 2013 with shipments of over 2 million units in the same year. High-end smartwatches encompassed approximately 90% of the overall market share in 2013, though the industry finds many consumers are still reluctant to pay between $250 and $300 for these devices. MarketResearch.com provides a large collection of market research on the watches and clocks industry. You can explore comprehensive reports on watches and clocks and find out about the latest product releases. We also offer detailed industry reports, databases, forecast reports and guides on markets in the U.S. and around the globe.
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Watches & Clocks Industry Research & Market Reports

  • Selling Jewellery to Gen Z: Opportunities and Challenges

    ... of aligning with Gen Z’s values to secure their attention and spending. Technology, particularly social media, is vital for engaging with them, serving as both a self-presentation platform and a shopping destination. Understanding and responding ... Read More

  • Personal Accessories in Australia

    ... appears to be continuing in 2023, as consumers grapple with the effects of the cost-of-living crisis. However, amidst this economic turbulence, the luxury segment of personal accessories is emerging as a resilient outlier, driving substantial ... Read More

  • Traditional and Connected Watches in China

    ... in 2022, the category is set to see some recovery in 2023, although it is not set to return to its 2021 levels of sales in either retail volume or current value terms. Within this ... Read More

  • Traditional and Connected Watches in Indonesia

    ... analogue watches, which represented the largest category in terms of sales. This disappointing performance was partly attributable to the widespread use of smartphones for telling the time, which precluded the need for separate instruments. In ... Read More

  • Traditional and Connected Watches in Romania

    ... affordable products or delayed their purchases, while others have started viewing luxury watches as a viable investment opportunity. This shift in perception is driven by the belief that investing in watches can serve as a ... Read More

  • Traditional and Connected Watches in the US

    ... However, the momentum has since seen a notable deceleration across all categories both in current value and volume terms. This can be attributed to the persistent escalation of inflation, and ongoing economic uncertainties, which have ... Read More

  • Traditional and Connected Watches in the United Arab Emirates

    ... fuelling the growth of digital health solutions and hyper self-monitoring. In today's fast-paced lifestyles, where time for self-care is limited, the convenience and immediacy offered by digital health are crucial drivers of its fast adoption ... Read More

  • Personal Accessories in the United Arab Emirates

    ... In fact, across all personal accessories categories, with the exception of writing instruments, luxury brands have been outperforming the industry in both 2022 and 2023. One of the reasons for this two-tier spending pattern is ... Read More

  • Traditional and Connected Watches in Singapore

    ... value terms and lower but steady growth in retail volume terms. After a year of decline in 2020, in 2021 more Singaporeans started to purchase high-end and luxury watches, as travel was still a fruitless ... Read More

  • Traditional and Connected Watches in the United Kingdom

    ... trend which is set to continue in 2023. Indeed, in 2023, every category within traditional watches is expected to see a drop in volume sales, including high watches, which had seen solid volume growth the ... Read More

  • Personal Accessories in the Netherlands

    ... follows a previous year of rapid growth. Despite these challenges, manufacturers are steadfast in promoting these products as fashion complements, aligning with the Dutch interest in adopting them to enhance their personal image. A positive ... Read More

  • Personal Accessories in Malaysia

    ... seen the return of international tourism, with inbound tourism flows spurring sales of luxury items including bags and luggage, watches and jewellery. Foreign visitors to Malaysia are important purchasers of accessories such as prestige luggage, ... Read More

  • Nicaragua: Watches Market - Analysis, Size, Trends, Consumption, and Forecast

    ... forecast for the market development in the medium term. The report provides a strategic analysis of the watches market in Nicaragua and describes the main market participants, growth and demand drivers, challenges, and all other ... Read More

  • France: Luxury Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... and a forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a ... Read More

  • United States of America: Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a strategic analysis ... Read More

  • Ethiopia: Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a strategic analysis ... Read More

  • Oman: Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a strategic analysis ... Read More

  • South and Central America: Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... world events on it, and a forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This ... Read More

  • Papua New Guinea: Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a strategic analysis ... Read More

  • United Kingdom: Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a strategic analysis ... Read More

  • The Global Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. The industry research report provides a strategic ... Read More

  • Ethiopia: Luxury Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... and a forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a ... Read More

  • New Zealand: Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... and a forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a ... Read More

  • Ireland: Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a strategic analysis ... Read More

  • Portugal: Watches and Jewelry Industry - Analysis, Size, Trends, Consumption, and Forecast

    ... forecast for the industry development in the medium term (2024-2029). It is a comprehensive industry report, analyzing multiple products within the beer industry, segmented into several main categories. This research report provides a strategic analysis ... Read More

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