Leading Watches Country Markets Databank
The Watches market was valued at $50,550.0 Million in 2020, and is projected to reach $69,840.6 Million by 2029 growing at a CAGR of 3.70% from 2021 to 2029. Asia-Pacific is expected to be the highest contributor to this market, with $18,501.3 Million in 2020, and is anticipated to reach $26,279.4 Million by 2029, registering a CAGR of 4.01%. North America is anticipated to reach $20,055.6 Million by 2029 with the highest CAGR of 4.24%. Asia-Pacific and Europe collectively expected to account for about 66.9% share of the Watches market in 2020, with the former constituting around 36.6% share. North America and Asia-Pacific are expected to witness significant growth rates at a CAGR of 4.24% and 4.01% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 64.0% in the overall Watches market in 2020, and is anticipated to reach 66.3% by 2029.
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