Watch Market in Thailand 2022-2026
Technavio has been monitoring the watch market in Thailand and it is poised to grow by $ 199.32 mn during 2022-2026, progressing at a CAGR of 4.54% during the forecast period. Our report on the watch market in Thailand provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for premium watches and the growing number of fashion-conscious consumers. In addition, the rising demand for premium watches is anticipated to boost the growth of the market as well.
The watch market in Thailand analysis includes end-user and distribution channel segments.
Technavio's watch market in Thailand is segmented as below:
By End-user
By Distribution Channel
This study identifies new product launches as one of the prime reasons driving the watch market in Thailand growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on watch market in Thailand covers the following areas:
- Watch market sizing
- Watch market forecast
- Watch market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading watch market vendors in Thailand that include Apple Inc., CASIO Computer Co. Ltd., Citizen Watch Co. Ltd., Epos Uhren AG, Longines Watch Co. Francillon Ltd., OMEGA SA., PVH Corp., Rado Watch Co Ltd, Time Zone Co. Ltd., and UNDONE. Also, the watch market in Thailand analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedApple Inc., CASIO Computer Co. Ltd., Citizen Watch Co. Ltd., Epos Uhren AG, Longines Watch Co. Francillon Ltd., OMEGA SA., PVH Corp., Rado Watch Co Ltd, Time Zone Co. Ltd., UNDONE