Category: Watches & Clocks
Watches & Clocks market research reports by Euromonitor International
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Traditional and Connected Watches in Italy
Traditional and Connected Watches in Italy Traditional and connected watches saw double-digit growth in current value terms in 2022, although sales of traditional watches remained below 2019 levels. Traditional watches were severely impacted by the COVID-19 pandemic in 2020, although sales saw an en ... Read More
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Traditional and Connected Watches in Argentina
Traditional and Connected Watches in Argentina High watches has seen triple-digit growth in current value terms in 2022, while also continuing to see growth in retail volume terms. One of the important growth drivers for high watches was that they were being sold at the cost of the official dollar, ... Read More
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Luxury Goods in Canada
Luxury Goods in Canada Luxury goods continues on the path to recovery from the impact of COVID-19 in 2022, after sales returned to growth in 2021. Omicron rates started declining in the early part of 2022, allowing governments in most provinces to roll back their COVID-19 regulations such as mask ma ... Read More
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Luxury Goods in Japan
Luxury Goods in Japan Luxury goods saw a significant current value decline in 2020, due to limited mobility, store closures or limited operations, the closure of borders, and consumers’ reluctance to spend during COVID-19. In 2021, although there was less disruption to store-based retailing, and sal ... Read More
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Luxury Goods in Mexico
Luxury Goods in Mexico By the end of 2021 and early 2022 economic activities within Mexico had normalised, following constant government efforts to find ways to reactivate the economy and leave behind the harsh impact of the COVID-19 pandemic. By March 2022 most economic activities including concert ... Read More
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Luxury Goods in Germany
Luxury Goods in Germany Luxury goods rebounded strongly in Germany in 2021, seeing double-digit current value growth, following a strong decline in 2020 due to the impact of COVID-19. Despite overall value sales still not returning to the pre-pandemic level, the stronger than initially expected reco ... Read More
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Luxury Timepieces in Germany
Luxury Timepieces in Germany Luxury timepieces performed better in 2021 when compared with the previous year. Despite the enforced lockdowns around Germany at the beginning of the year, and then further restrictions on bricks-and-mortar retailing in an attempt to control the pandemic, luxury timepie ... Read More
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Luxury Timepieces in South Africa
Luxury Timepieces in South Africa Among other measures, stores selling non-essential goods were closed when the pandemic first emerged in South Africa, negatively impacting sales of luxury timepieces in 2020. Even when these stores reopened, they tend be high contact, and many consumers avoided shop ... Read More
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Luxury Timepieces in Japan
Luxury Timepieces in Japan Sales of luxury timepieces experienced a significant current value decline in 2020. The category was particularly badly affected by store closures under the state of emergency in April and May and border closures. Under normal circumstances, this category achieves a signif ... Read More
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Luxury Timepieces in Brazil
Luxury Timepieces in Brazil The first half of 2020 brought unprecedented difficulties imposed by the COVID-19 pandemic. Stores had to remain closed and consumers had to go through quarantine periods that made the industry project some of the rarest prospects for luxury: negative results for the full ... Read More
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Luxury Timepieces in Switzerland
Luxury Timepieces in Switzerland Luxury timepieces saw steep retail volume and current value declines in 2020 due to COVID-19. Outlet closures, the economic impact of the pandemic and fewer work and social occasions to wear these products due to home working and home seclusion all had a negative imp ... Read More
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Luxury Timepieces in the Philippines
Luxury Timepieces in the Philippines As restrictions have been eased, consumers have been allowed to return to non-essential brick-and-mortar stores, which has given them an opportunity to check out products in person before making a definitive purchasing decision. This is a strong consumer preferen ... Read More