Category: Watches & Clocks
Watches & Clocks market research reports by Euromonitor International
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Traditional and Connected Watches in Germany
Following three consecutive years of solid retail volume growth, traditional and connected watches in Germany recorded a marginal decline in 2024, driven by a generalised cautiousness among consumers to save money where possible. However, connected watches remained a stable performer, driven by smar ... Read More
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Personal Accessories in Germany
Personal accessories in Germany recorded a positive performance in 2024. However, while retail volume sales grew compared to the previous year’s declines, reflecting an improvement, overall demand remained below pre-pandemic levels. Regardless of slower inflation rates, economic uncertainty continue ... Read More
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Lab-Grown Diamonds: A Market Revolution or a Passing Trend?
After rapid growth and sales nearing USD9 billion in 2024, the lab-grown diamond jewellery market has slowed. Future challenges include competition, falling prices, sustainability concerns, stricter regulations, loss of perceived value and market saturation. However, opportunities exist through geog ... Read More
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Watches and Clocks in Mexico: ISIC 333
PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Watches and Clocks: ISIC 333 market at a national level. It provides the latest retail sales data, allowing you to ident ... Read More
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Traditional and Connected Watches in Poland
Traditional and Connected Watches in Poland In 2024, traditional and connected watches recorded significant retail value growth of 16%, with connected watches driving growth of 21%. Technological progress is driving a divide between traditional and more advanced accessories, leading connected watche ... Read More
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Traditional and Connected Watches in Turkey
Traditional and Connected Watches in Turkey In traditional and connected watches, luxury brand sales have not been impacted by the economic downturn in Turkey. The waiting list for brands such as Audemars Piguet, Rolex and Patek Phililppe in Turkey remains around 1.5 years highlighting robust demand ... Read More
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Traditional and Connected Watches in Ukraine
Traditional and Connected Watches in Ukraine In 2024, traditional and connected watches saw a significant uplift of 40% in retail value growth, while retail volume saw double-digit growth. These figures represent an ongoing rebound from the significant decline noted in 2022, aligned with Russia's in ... Read More
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Traditional and Connected Watches in Taiwan
Traditional and Connected Watches in Taiwan In 2024, traditional and connected watches have seen a retail value increase of 3%, while volume sales have seen a slight decline. However, volume growth continued to be positive for connected watches, supported by the demand for a healthier lifestyle. Con ... Read More
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Personal Accessories in Poland
Personal Accessories in Poland In 2024, the Polish personal accessories market demonstrated a positive recovery after a challenging 2023, bolstered by reduced inflation and broader economic growth. This recovery saw renewed enthusiasm in offline retail, especially within the luxury segment. Demand g ... Read More
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Personal Accessories in Sweden
Personal Accessories in Sweden In 2024, personal accessories in Sweden saw a retail value growth of 5%, alongside a modest uplift in retail volume sales of 2%. Growth was challenged by the higher cost of living, leading to more cautious spending on certain items, such as fine jewellery, which was fu ... Read More
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Personal Accessories in Taiwan
Personal Accessories in Taiwan In 2024, retail value sales of personal accessories in Taiwan saw growth of 6%, though retail volume growth recorded a marginal decline. While domestic and international tourism flourished, driving demand for travel-related products such as luggage and bags, consumers ... Read More
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Traditional and Connected Watches in the Netherlands
Traditional and Connected Watches in the Netherlands In 2024, sales of traditional and connected watches registered positive growth in the Netherlands, with retail value uplift of 9%. While Dutch consumers were more cautious regarding spending, the interest in fashion accessories continued to influe ... Read More
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Traditional and Connected Watches in Romania
Traditional and Connected Watches in Romania In 2024, retail value sales of traditional and connected watches increased by 19% in current terms, while retail volume growth was also significant at 16%. Connected watches saw a stronger performance than traditional watches, being the best performing ca ... Read More
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Traditional and Connected Watches in Sweden
Traditional and Connected Watches in Sweden In 2024, traditional and connected watches in Sweden saw retail value sales rise by 5%. While connected watches led retail value growth at 7%, traditional watches drove value growth of 4%, being lower than the growth recorded over the review period. This l ... Read More
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Personal Accessories in the Netherlands
Personal Accessories in the Netherlands Despite the rising cost of living in the Netherlands, personal accessories experienced positive retail value growth of 7% in 2024. Although the market experienced a positive uplift, it was more modest than the previous year's growth levels. However, Dutch cons ... Read More
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Personal Accessories in Turkey
Personal Accessories in Turkey Inflation and interest rates in Turkey remained high in 2024, negatively affecting consumer spending and demand for non-essential goods such as personal accessories. Due to the economic crisis in Turkey, price-sensitive consumers were increasingly drawn to more afforda ... Read More
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Traditional and Connected Watches in Thailand
Traditional and Connected Watches in Thailand Traditional and connected watches in Thailand benefited from the introduction of new brands and collections in 2024, bringing renewed energy and vibrancy to the category. Sri Thong Panich, a local importer and distributor, introduced an array of Frederiq ... Read More
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Traditional and Connected Watches in the Philippines
Traditional and Connected Watches in the Philippines In 2024, traditional watches continued to experience heathy growth in volume terms in the Philippines, reflecting the steady demand for reliable and classic timepieces. Despite the wide range of maximalist watch designs available, minimalist style ... Read More
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Traditional and Connected Watches in France
Traditional and Connected Watches in France Sales of traditional and connected watches saw a positive performance in France in 2024, due to ongoing price increases supporting value sales. Traditional watches saw the strongest value performance, although volume sales were flat. Meanwhile, connected w ... Read More
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Traditional and Connected Watches in Spain
Traditional and Connected Watches in Spain Traditional and connected watches in Spain saw slightly slowed retail current value growth in 2024, driven by two key factors. Economic challenges, including elevated inflation and higher interest rates, are reducing disposable income, leaving Spaniards wit ... Read More
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Traditional and Connected Watches in Singapore
Traditional and Connected Watches in Singapore Singapore's market for traditional and connected watches experienced modest growth in 2024, when compared to the previous year. Traditional watches faced stagnation, mainly driven by rising prices and the increasing shift toward digitalisation. While Sw ... Read More
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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 budget ... Read More
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Personal Accessories in Malaysia
Personal Accessories in Malaysia Personal accessories in Malaysia saw consumer sentiment significantly impacted by the rising cost of living in 2024, driven by increasing prices of necessities. This economic pressure has caused Malaysian consumers to stretch their budgets, leading to fluctuations in ... Read More
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Traditional and Connected Watches in South Korea
Traditional and Connected Watches in South Korea Traditional and connected watches in South Korea is expected to return to growth in both retail volume and current value terms in 2024, with increases anticipated for both traditional watches and connected watches. Within traditional watches, although ... Read More
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Traditional and Connected Watches in the US
Traditional and Connected Watches in the US Following its soaring post-pandemic recovery, driven by high-priced models, traditional watches in the US is set to continue posting moderate retail current value growth in 2024. High watches is expected to continue driving growth, despite the expectation ... Read More
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