Category: Watches & Clocks
Watches & Clocks market research reports by Euromonitor International
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Wearable Electronics in Saudi Arabia
Wearable Electronics in Saudi Arabia Electronic wearables is the winning category in Saudi Arabia in 2023, with double-digit volume growth. This is thanks to the success of smartwatches, which dominate activity-monitoring technology, as consumers value the analysis connected to health monitoring whi ... Read More
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Wearable Electronics in South Korea
Wearable Electronics in South Korea Consumer demand for wearable electronics continued to rise in 2022, and volume growth is set to be maintained in 2023, driven by increasing awareness of health, and the desire to track fitness goals. This trend was boosted by the pandemic, and has been sustained i ... Read More
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Wearable Electronics in Thailand
Wearable Electronics in Thailand Wearable electronics continued to see positive growth in volume terms in 2023, albeit at a slower rate than the previous two years. This was driven by a number of factors, not least the health and wellness trend, which was facilitated by COVID-19. Wearable electronic ... Read More
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Wearable Electronics in Singapore
Wearable Electronics in Singapore In line with review period trends, demand for wearable electronics in Singapore continues to rise in 2023. The primary driver is smart wearables, recording another year of double-digit retail volume growth, while dynamic current value growth is supported by price hi ... Read More
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Wearable Electronics in Poland
Wearable Electronics in Poland Smart wearables are seeing continuous, strong growth in 2023. The growing focus on health and wellness is a significant driver for smart wearables in Poland. Consumers are increasingly interested in monitoring their physical activity, heart rate, sleep patterns, and ot ... Read More
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Wearable Electronics in the Czech Republic
Wearable Electronics in the Czech Republic Difficult macroeconomic conditions and a high level of sales in the previous year mostly resulted in retail volume decline in 2023. Sales of wearable electronics are closely linked to the sale of smartphones, which did not perform well either. Activity brac ... Read More
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Wearable Electronics in Vietnam
Wearable Electronics in Vietnam Wearable electronics continues to see dynamic double-digit growth in retail volume terms in 2023, supported by rising health awareness among consumers and improving living standards. The COVID-19 pandemic provided further fuel to the growing health and wellness trend ... Read More
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Wearable Electronics in the Philippines
Wearable Electronics in the Philippines After seeing strong pandemic driven growth in 2021 and 2022, wearable electronics continues to see strong growth momentum in 2023 in retail volume terms. This dynamism stems from growing awareness of the importance of maintaining a healthy and active lifestyle ... Read More
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Wearable Electronics in Malaysia
Wearable Electronics in Malaysia Retail sales of wearable electronics saw a dynamic performance in both volume and constant value terms in 2023, continuing the trend of the previous year. This came in spite of inflationary pressures, which had a negative impact on discretionary spending. Consumers a ... Read More
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Wearable Electronics in Hungary
Wearable Electronics in Hungary Activity watches (analogue) were increasingly popular and recorded the highest volume growth in 2023 as these products are readily available and consumers prefer them to other activity bands without displays and traditional watches as they offer health-tracking functi ... Read More
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Wearable Electronics in Japan
Wearable Electronics in Japan Wearable electronics saw strong volume growth due to the COVID-19 pandemic, and this has continued, with double-digit growth expected in 2023. Health consciousness amongst consumers has spiked since COVID-19, and from 2020 there has been a wide product range available, ... Read More
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Retail Shifts in Latin American Fashion
Retail Shifts in Latin American Fashion Fashion sales in Latin America have surpassed pre-pandemic levels by 2022, driven mainly by price increases due to high inflation. E-commerce grew strongly to become the second largest channel, but consumers in the region are still more inclined to buy fashion ... Read More
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Personal Accessories in Brazil
Personal Accessories in Brazil After registering a strong negative impact in 2020, due to the COVID-19 pandemic, personal accessories is set to see a positive performance in current value terms for a second consecutive year in 2022, with volume sales also expected to return to growth. Much of the va ... Read More
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Traditional and Connected Watches in South Africa
Traditional and Connected Watches in South Africa Since the pandemic, many South Africans have shifted towards making purchasing decisions based on their changing lifestyles, including the adoption of healthier habits. Connected watches have continued to experience dynamic demand, with consumers pur ... Read More
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Traditional and Connected Watches in the Philippines
Traditional and Connected Watches in the Philippines Traditional and connected watches has seen healthy double-digit growth in 2022 in retail volume terms, with demand largely focused on quartz analogue and quartz digital watches. Popular brands within the basic segment such as Swatch, Seiko, and Fo ... Read More
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Traditional and Connected Watches in South Korea
Traditional and Connected Watches in South Korea Watches in South Korea heavily rely on global luxury brands, with the top 10 largest luxury players in the local market contributing to one third of all watch sales in the country. As noted in other categories of personal accessories, imported global ... Read More
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Traditional and Connected Watches in Poland
Traditional and Connected Watches in Poland Sales of basic watches have seen a heavy decline in 2022 in retail volume terms. Basic traditional watches are experiencing strong competition from connected watches. With the price of branded connected watches starting from as low as PLN250 (approximately ... Read More
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Traditional and Connected Watches in Sweden
Traditional and Connected Watches in Sweden Through 2022, basic and mid-range offerings are continuing to lose their share. Digital offerings – activity and smartwatches – have convinced consumers to swap traditional offerings for entry-level digital products. In addition, an increase in luxury curr ... Read More
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Traditional and Connected Watches in Thailand
Traditional and Connected Watches in Thailand Pre-owned watches and “homage” watches continued to gain popularity in Thailand in 2022. The increasing popularity of these watches has been driven partly by the pressure on the household incomes of many Thai consumers. Due to the medium-term economic im ... Read More
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Traditional and Connected Watches in France
Traditional and Connected Watches in France Manufacturers and retailers were rather happy with the recovery of premium and luxury timepieces, mainly in mechanical and quartz analogue watches, which started in 2021 and seemed to be confirmed by the first results of 2022. The category notably benefite ... Read More
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Personal Accessories in Taiwan
Personal Accessories in Taiwan Ongoing outbreaks of COVID-19 during Q1 and Q2, negatively impacted sales in the personal accessories landscape. However, later in Q2, the consumption of personal accessories started to recover and grow. Growth following the 2022 wave of COVID-19 came fast, as consumer ... Read More
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Traditional and Connected Watches in Malaysia
Traditional and Connected Watches in Malaysia Following significant declines during the pandemic, traditional and connected watches began to record a much improved performance thanks to pent-up demand in 2021, though various restrictions in place over the first half of the year influenced purchasing ... Read More
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Traditional and Connected Watches in Spain
Traditional and Connected Watches in Spain Retail constant value sales (2022 prices) of traditional and connected watches continued to recover in 2022. However, the rate of growth was much slower than in the previous year, with retail constant value sales remaining well below their pre-pandemic leve ... Read More
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Traditional and Connected Watches in Taiwan
Traditional and Connected Watches in Taiwan Due to the outbreak of COVID-19 in the country, the health and wellness trend has grown in Taiwan. Consumers have become increasingly interested in diet and fitness levels to boost their immunity and keep them in good health. This rising level of health co ... Read More
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Traditional and Connected Watches in Turkey
Traditional and Connected Watches in Turkey While traditional and connected watches is expected to double-digit current value growth, constant value and volume growth is expected to be much more muted. The reason for such high current value growth is that Turkey has one of the highest inflation rate ... Read More
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