Hungary: Watches Market - Analysis, Size, Trends, Consumption, and Forecast

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,499	100 Pages	Williams & Marshall Strategy	January, 2024	WMST18424909

Best Price Guarantee
Price	from $1,499
Length	100 Pages
Publisher	Williams & Marshall Strategy
Published Date	January, 2024
SKU	WMST18424909

The Hungarian Watches Market Report Description

This report presents a comprehensive overview of the Hungarian watches market, the impact of COVID-19 on it, and a forecast for the market development in the medium term. The report provides a strategic analysis of the watches market in Hungary and describes the main market participants, growth and demand drivers, challenges, and all other factors, influencing the development of the market.

The report covers watches - including pocket watches, analog watches, digital watches and smartwatches; excluding watch parts, watchbands or handmade watches, and is broken down by:

Product groups: Pocket watches; Analog watches; Digital watches; Smartwatches
End user: Men watches; Women watches; Children watches
Raw materials: Precious metal watches; Other watches
Movement: Mechanical; Automatic
Price segment: Mass; Mid-priced; Premium
Distribution channels: Department stores; Specialty jewelry/watch stores; Online retailers; Others

You will receive the report within three working days after order confirmation. Contact us to learn if a shorter delivery time would be possible.

State of the Demographics and Economy of Europe

This section of the report presents you with historical and forecast data about key macroeconomic indicators of the demographics and economy in Europe.

What are the demographic characteristics (GDP, inflation, unemployment, government debt, etc.) of Europe?
What are the economic characteristics (population, growth rate, life expectancy, age and gender, etc.) of Europe?

Analysis of the Watches Market in Hungary

The market analysis section provides an overview of the market size and dynamics in value terms for the last five years. It answers the following questions:

What is the size of the watches market in Hungary?
How has the watches market in Hungary performed in value terms for the last five years?
How is the market structured?
What are the major trends affecting the market?
Which are the major companies on the market?
How intensive is the competitive landscape?
What are the drivers and challenges affecting the market development?

Watches Prices in Hungary

The price section of the report answers the following questions:

How is the value chain of the market formed?
What is the structure of price formation?
What are the retail prices of watches in Hungary

Foreign Trade Operations of Watches in Hungary

The foreign trade operations section answers the following questions:

What is the trade balance in value terms?
Does Hungary import more watches than it exports?
How has the trade balance changed over the last five years?

Imports of Watches to Hungary

The import section of the report answers the following questions:

How has the value of imports changed over the past five years?
Which are the major countries that import watches to Hungary?
What is the average price of the watches imported to Hungary?

Exports of Watches from Hungary

The export section of the report answers the following questions:

How has the value of exports changed over the past five years?
Which are the main recipient countries of the Hungarian watches exports?
What is the average price of the watches exported from Hungary?

Consumption of Watches in Hungary

The consumption section of the report answers the following questions:

What is the per capita consumption value? How has it changed over the past five years?

Forecast

The final section of the report presents a forecast for the development of the market based on three scenarios - base, pessimistic, and optimistic. The forecast section answers:

How will the watches market in Hungary look like over the next five years in both value terms for each possible scenario?

Short Methodology

This research report has been prepared with WMStrategy’s research methodology, which includes a blend of qualitative and quantitative data. The information comes from official sources and includes insights from local market experts (representatives of the main market participants), gathered by semi-structured interviews.

For this particular report, more than 10 interviews have been conducted with market experts from the leading companies (producers, distributors, retailers, suppliers, etc.). The full list of interviewed experts and a detailed methodology are available upon request.

Customization

The report will be updated as of the current month of purchase, which is why it will be dispatched within five working days after order confirmation. If the report is missing data points you need, it can be amended to fit your specific requirements and satisfy your individual objectives and information needs. Feel free to contact us for more information!

Report Benefits

Discover how the market performed in the past (in the last 5 years) and how it will perform in the future (in the next 6 years);
Track and identify key market trends and insights on key drivers behind recent market changes;
Strategically assess the competitive position of the main market players;
Evaluate how diversified the market is in terms of competitive intensity, fragmentation, and environment in order to understand competitive threats;
Assess growth potential, opportunities, demand drivers, and challenges on the market;
Quickly and cost–effectively receive a complete strategic analysis of the market;
Improve your pitches and presentations by using verified market data and expert insights;
Make important strategic decisions safely and with confidence;
Receive professional expertise on the market and everything important connected with its development;
Empower your marketing, branding, strategy, product and business development, consumption, and supply functions with valuable market insights;
Build your investment strategy by assessing market attractiveness, country attractiveness, or company attractiveness;
Evaluate the key macroeconomic indicators to get insight into the general trends within the economy and demographics;
Acquire data your competitors might already have and be acting upon.

Report Users

This market research report is ideal for people who want to gain a comprehensive understanding of the Hungarian watches market. Most often these are professionals actively working in the market as:

C-suite executives;
Directors;
Market strategists;
Marketing professionals;
Business development professionals;
Product developers;
Product marketers and strategists;
Product managers;
Project managers;
Suppliers;
Traders.

This report can also bring value to professionals, not actively involved in the market, such as:

Management consultants;
Investment managers;
Financial professionals;
Bank managers;
M&A managers;
Auditors.

Please note:*The report will be updated with the latest information upon order confirmation which is why it will take 5 day to complete*

LIST OF TABLES
The List of Tables is preliminary. Feel free to contact us to inquire about the full list of tables.

Executive Summary

Key indicators on the watches market in Hungary in 2019-2023

State of the Economy of Europe

Key indicators of the economy of Europe in 2019-2023

Forecast for the economy of Europe for 2024-2026

Watches Market in Hungary

Value and dynamics of the watches market in Hungary in 2019-2023

Structure of the watches market in Hungary by product groups

Structure of the watches market in Hungary by end user

Structure of the watches market in Hungary by raw materials

Structure of the watches market in Hungary by movement

Structure of the watches market in Hungary by price segment

Structure of the watches market in Hungary by distribution channels

Prices of Watches in Hungary

Value chain analysis of the watches market in Hungary

Cost breakdown of the price formation of watches in Hungary, in %

Average retail prices of watches in Hungary in 2019-2023

Foreign Trade Operations of Watches in Hungary

Trade balance of the watches foreign trade in Hungary in 2019-2023, in value terms

Imports of Watches to Hungary

Value and dynamics of the imports of watches to Hungary in 2019-2023

Main countries importing watches to Hungary, in value terms

Average prices of the watches imported to Hungary in 2019-2023

Exports of Watches from Hungary

Value and dynamics of the Hungarian exports of watches in 2019-2023

Recipient countries of the Hungarian exports of watches, in value terms

Average prices of the watches exported from Hungary in 2019-2023

Consumption of Watches in Hungary

Value and dynamics of the per capita consumption of watches in Hungary

Forecast for the Development of the Watches Market in Hungary

Base forecast for the development of the watches market in Hungary in 2024-2029, in value terms

Pessimistic forecast for the development of the watches market in Hungary in 2024-2029, in value terms

Optimistic forecast for the development of the watches market in Hungary in 2024-2029, in value terms

LIST OF FIGURES
The list of figures is preliminary. Feel free to contact us to inquire about the full list of figures.

Watches Market in Hungary

Value and dynamics of the watches market in Hungary in 2019-2023

Structure of the watches market in Hungary by product groups

Structure of the watches market in Hungary by end user

Structure of the watches market in Hungary by raw materials

Structure of the watches market in Hungary by movement

Structure of the watches market in Hungary by price segment

Structure of the watches market in Hungary by distribution channels

Prices of Watches in Hungary

Value chain analysis of the watches market in Hungary

Structure of the watches price formation in Hungary, in %

Average retail prices of watches in Hungary in 2019-2023

Foreign Trade Operations of Watches in Hungary

Trade balance of the watches foreign trade in Hungary in 2019-2023, in value terms

Imports of Watches to Hungary

Value and dynamics of the imports of watches to Hungary in 2019-2023

Main countries importing watches to Hungary, in value terms

Average prices of the watches imported to Hungary in 2019-2023

Exports of Watches from Hungary

Value and dynamics of the Hungarian exports of watches in 2019-2023

Recipient countries of the Hungarian exports of watches, in value terms

Average prices of the watches exported from Hungary in 2019-2023

Consumption of Watches in Hungary

Value and dynamics of the per capita consumption of watches in Hungary

Forecast for the Development of the Watches Market in Hungary

Base forecast for the development of the watches market in Hungary in 2024-2029, in value terms

Pessimistic forecast for the development of the watches market in Hungary in 2024-2029, in value terms

Optimistic forecast for the development of the watches market in Hungary in 2024-2029, in value terms

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Hungary: Watches Market - Analysis, Size, Trends, Consumption, and Forecast