The wrist watch is one of the highly used accessories by adults, children and elderly population for checking the time. There is high demand for watches of different brands and styles. Watch companies often launch watch collections for different seasons and themes. There is high scope for the Wrist Watch Market in various regions across the globe through 2020.
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Scope and Regional Forecast of the Wrist Watch Market:
In the Wrist Watch Market, there is high demand for watches of different metals and coatings for different class of people. Leather belt watches are also a high selling type of watch among other types. There is rising demand for sports watches among youngsters through 2020.
Asia Pacific is the largest region in the Wrist Watch Market with huge scope for manufacturing and sales of the watches due to the presence of highly populated countries such as China and India. These are the major markets in terms of sales through 2020.
North America and Europe are anticipated to have high growth in the Wrist Watch Market owing to the increasing investment for production and designing watches by the companies in this region. Many world famous watch brand are located in these regions.
The Wrist Watch Market is a fast growing market with high demand and sales of wristwatch for adults and children of different brands in various regions across the globe. This market is anticipated to have high growth owing to the growing range of watches to buy for various age group of people, high production of watch collection and timepiece by watch companies and rising sales of shop watch and watch online shops with growing popularity of watch brands in various regions across the globe through 2020.
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Segmentation and Key Players of the Wrist Watch Market:
The Wrist Watch Market is segmented into various categories by company and by geography as follows:
- By company: Swatch Group, Rolex, Richemont, LVMH, Fossil, Citizen, Seiko, Patek Philippe, Casio, Chopard, Audemars Piguet, Movado Group, Kering, Breitling, Franck Muller, Folli Follie, Festina, Morellato & Sector, Time Watch, Fiyta, Rossini, Ebohr, Sea-Gull, Rarone, Geya, Poscer, GOLGEN, MOVEBEST, POLARIS and TIANBA
- By geography: North America, Europe, Southeast Asia, China, Japan and India
Some of the key players in the Wrist Watch Market are as follows:
- Time Watch
There is growing demand for watch collection for adults and elderly population of different brands in various regions across the globe through 2020.
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