Category: Watches & Clocks
Watches & Clocks market research reports by Euromonitor International
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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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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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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
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