Traditional and Connected Watches in Japan

Traditional and Connected Watches in Japan

In 2023 and 2024, the trend of rising prices for traditional watches has continued in Japan, driven by price adjustments by various companies, and an ongoing shift towards higher-priced items. Price increases are largely being influenced by the rising costs of materials and other expenses. For instance, Citizen announced a price hike of approximately 10% effective from 1 October 2024, citing the increased cost of components. Similarly, Rolex raised prices starting 1 June 2024, likely due to the...

Euromonitor International's Traditional and Connected Watchesin Japan report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Connected Watches, Traditional Watches.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Traditional and Connected Watches market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.