Traditional and Connected Watches in Malaysia

Traditional and Connected Watches in Malaysia


In 2024, traditional and connected watches in Malaysia saw lower-priced watches impacted by rising living costs amid a challenging economic environment. Local consumers are increasingly cautious about discretionary spending, focusing their limited budgets on essential items rather than luxury or non-essential goods. This shift in priorities has resulted in slower sales for basic and lower mid-price range watches. Compounding the issue is the waning popularity of digital watches, traditionally of...

Euromonitor International's Traditional and Connected Watchesin Malaysia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2020-2024), 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 2029 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.


Traditional and Connected Watches in Malaysia
Euromonitor International
January 2025
List Of Contents And Tables
TRADITIONAL AND CONNECTED WATCHES IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Challenging economic environment slows growth in lower-priced watches in 2024
Rising health consciousness boosts demand for connected watches
Surging popularity of niche independent brands leads to further fragmentation in luxury watches, with players investing more in partnerships
PROSPECTS AND OPPORTUNITIES
Rapid store expansion and international tourist arrivals to support growth for mid- and high-priced items
Retailers will focus more on enhancing in-store experience, while consumers will opt for connected watches
Rising living costs likely to prompt greater player investment in promotional activities
CATEGORY DATA
Table 1 Sales of Traditional and Connected Watches by Category: Volume 2019-2024
Table 2 Sales of Traditional and Connected Watches by Category: Value 2019-2024
Table 3 Sales of Traditional and Connected Watches by Category: % Volume Growth 2019-2024
Table 4 Sales of Traditional and Connected Watches by Category: % Value Growth 2019-2024
Table 5 Sales of Traditional Watches by Category: Volume 2019-2024
Table 6 Sales of Traditional Watches by Category: Value 2019-2024
Table 7 Sales of Traditional Watches by Category: % Volume Growth 2019-2024
Table 8 Sales of Traditional Watches by Category: % Value Growth 2019-2024
Table 9 Sales of Traditional Watches by Price Band: Volume 2019-2024
Table 10 Sales of Traditional Watches by Price Band: Value 2019-2024
Table 11 Sales of Traditional Watches by Price Band: % Volume Growth 2019-2024
Table 12 Sales of Traditional Watches by Price Band: % Value Growth 2019-2024
Table 13 Sales of Connected Watches by Category: Volume 2019-2024
Table 14 Sales of Connected Watches by Category: Value 2019-2024
Table 15 Sales of Connected Watches by Category: % Volume Growth 2019-2024
Table 16 Sales of Connected Watches by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Traditional Watches: % Value 2020-2024
Table 18 LBN Brand Shares of Traditional Watches: % Value 2021-2024
Table 19 NBO Company Shares of Connected Watches: % Value 2020-2024
Table 20 LBN Brand Shares of Connected Watches: % Value 2021-2024
Table 21 Distribution of Traditional Watches by Format: % Value 2019-2024
Table 22 Distribution of Connected Watches by Format: % Value 2019-2024
Table 23 Forecast Sales of Traditional and Connected Watches by Category: Volume 2024-2029
Table 24 Forecast Sales of Traditional and Connected Watches by Category: Value 2024-2029
Table 25 Forecast Sales of Traditional and Connected Watches by Category: % Volume Growth 2024-2029
Table 26 Forecast Sales of Traditional and Connected Watches by Category: % Value Growth 2024-2029
Table 27 Forecast Sales of Traditional Watches by Category: Volume 2024-2029
Table 28 Forecast Sales of Traditional Watches by Category: Value 2024-2029
Table 29 Forecast Sales of Traditional Watches by Category: % Volume Growth 2024-2029
Table 30 Forecast Sales of Traditional Watches by Category: % Value Growth 2024-2029
Table 31 Forecast Sales of Connected Watches by Category: Volume 2024-2029
Table 32 Forecast Sales of Connected Watches by Category: Value 2024-2029
Table 33 Forecast Sales of Connected Watches by Category: % Volume Growth 2024-2029
Table 34 Forecast Sales of Connected Watches by Category: % Value Growth 2024-2029
PERSONAL ACCESSORIES IN MALAYSIA
EXECUTIVE SUMMARY
Personal accessories in 2024: The big picture
Key trends 2024
Competitive landscape
Retailing developments
What next for personal accessories?
MARKET DATA
Table 35 Sales of Personal Accessories by Category: Volume 2019-2024
Table 36 Sales of Personal Accessories by Category: Value 2019-2024
Table 37 Sales of Personal Accessories by Category: % Volume Growth 2019-2024
Table 38 Sales of Personal Accessories by Category: % Value Growth 2019-2024
Table 39 NBO Company Shares of Personal Accessories: % Value 2020-2024
Table 40 LBN Brand Shares of Personal Accessories: % Value 2021-2024
Table 41 Distribution of Personal Accessories by Format: % Value 2019-2024
Table 42 Forecast Sales of Personal Accessories by Category: Volume 2024-2029
Table 43 Forecast Sales of Personal Accessories by Category: Value 2024-2029
Table 44 Forecast Sales of Personal Accessories by Category: % Volume Growth 2024-2029
Table 45 Forecast Sales of Personal Accessories by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources

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