The report on Luxury Watches by Infinium Global Research analyses the Luxury Watches Market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Luxury Watches Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global Luxury Watches Market.
Global luxury watches size is expected to exceed USD X.xx billion by 2023, growing at a CAGR between x % and x% over the period of 2017 – 2023. Luxury watches are high end watches that symbolizes the status or success of individuals. The attention to detail, costly parts, craftsmanship, complex micro mechanisms, precision in time keeping and enticing designs make luxury watches stand apart among watches. Some of the luxury watches are so intricate that it require months of craftsmanship and top quality materials to manufacture those. Luxury watches have high resale value and it lasts for decades. Hence, it is a sort of investment, similar to the gold, due to the brand value of those watches. Some of the luxury watches are limited edition watches; hence the prestige and cost of those watches are high. Swiss made luxury watches hold high value in terms of brand and customer preference globally. Quartz watches have changed the luxury watches industry in a big way as it utilize electric motor, easier to manufacture, need lesser parts, and more precise than the conventional mechanical watches. However, the use of gold and other high end materials make mechanical luxury watches pieces of luxury.
Rolex SA, Swatch Group Ltd, Cie Fianciere Richemont SA and LVMH Moet Hennessy Louis Vuitton SA dominate the global luxury watches market. Excess inventory and sliding sales characterizes the current scenario of the market.
The report covers the analysis of global as well as regional markets of Luxury Watches Market. Moreover, the global Luxury Watches Market is segmented by gender, by distribution channel, and by product type. The global luxury watches market by gender covers men’s watches and women’s watches. On the basis of distribution channel the market is segmented as departmental stores, exclusive branded showrooms, online retailing and specialist retailers. Based on product type, the market is segmented as mechanical, quartz and others.
Cie Fianciere Richemont SA
Dolce & Gabbana
Hennessy Louis Vuitton SA
Swatch Group Ltd
Key topics covered:
2. Executive Summary
3. Global Luxury Watches Market Overview
4. IGR- Snapshots
5. Global Luxury Watches Market Analysis, By Gender (USD million) 2017 – 2023
6. Global Luxury Watches Market analysis, by Distribution Channel (USD million)2017 – 2023
7. Global Luxury Watches Market analysis, by Product Type (USD million)2017 – 2023
8. Global Luxury Watches Market analysis, Regional Analysis (USD million) 2017 – 2023
9. Company profiles