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Euromonitor International publishes the world's most comprehensive market research on the watches industry. Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and brand share data, distribution and industry trends and sub-category level information.

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        Country Report

        Watches in India

        Sep 2016

        Indian consumers are increasingly showing an interest in owning premium and luxury watches, a trend that continued to gather momentum towards the end of the review period. Urban dwellers increasingly perceive watches as a fashion statement and are ...

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        Country Report

        Watches in the United Arab Emirates

        Sep 2016

        2015 and 2016 have proven to be revolutionary years for smartwatches in the United Arab Emirates, with these products being positively accepted by consumers. The main players within smartwatches in the United Arab Emirates are Samsung Gear and Apple ...

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        Country Report

        Watches in Poland

        Aug 2016

        The rising demand for all types of watches was a key trend in Poland in 2016. There were two main factors that stimulated sales of these products, which were the improving financial possibilities of Poles and their penchant for traditional products ...

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        Country Report

        Watches in Australia

        Aug 2016

        2015 was named the year of the smartwatch, with Apple launching the highly anticipated Apple Watch in April and many traditional watch manufacturers announcing and launching their own smartwatches as they looked to compete in this area. Smartwatches ...

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        Country Report

        Watches in Thailand

        Aug 2016

        The purchasing of watches is becoming more than just getting an object for time-telling purposes or as a fashionable item, with consumers becoming more sophisticated in selecting and getting a watch for their collection. Most consumers will have a ...

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        Country Report

        Watches in Singapore

        Aug 2016

        Watches in Singapore increased in current value during 2016 as consumers began trading up, especially within mechanical watches and quartz analogue watches. Watches in the high price band enjoyed the strongest growth in current value terms in 2016, ...

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        Country Report

        Watches in Indonesia

        Aug 2016

        Watches continued to record strong value growth in 2016 as a result of price increases and the launch of luxury products by leading players....

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        Country Report

        Watches in the United Kingdom

        Aug 2016

        In 2015, over 27 million mobile phones, of which 26 million were smartphones, and seven million tablets, were sold in the UK, according to Euromonitor International’s consumer electronics data. This meant that 96% of households were in possession of ...

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        Country Report

        Watches in Ukraine

        Jul 2016

        In 2016, watches suffered due to the significant devaluation in the country and subsequent reduced consumer incomes as well as wide use of electronic gadgets. The latter in the form of mobile phones (smart watches did not have an impact due to their ...

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        Country Report

        Watches in Brazil

        Jul 2016

        In 2016, watches current value sales grew by 2% to reach R$3.7 billion. This growth rate was well below the current value CAGR of 9% recorded for the review period as a whole. This was mainly attributable to rising prices, the weakness of the ...

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        Country Report

        Watches in Canada

        Jul 2016

        Whilst sales of high and mid mechanical watches in Canada continue to be driven primarily by men, sales of mid quartz analogue styles have skewed towards women in recent years. The growth of women as buyers of mid quartz analogue watches is primarily...

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        Country Report

        Watches in Italy

        Jul 2016

        Watches recorded another positive year in 2016 with sales recording 6% current value growth. Basic watches continued to account for the majority of sales, at 64% in volume terms, followed by mid watches on 29% and high watches holding the remaining ...

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        Country Report

        Watches in the US

        Jul 2016

        Watches current value sales continued to decline in 2016 as demand among foreign tourists was hampered by the appreciation of the US dollar and China’s economic slowdown. Foreign tourists are key consumers of watches and other types of personal ...

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        Country Report

        Watches in Switzerland

        Jul 2016

        In 2016 the manufacturers of watches in Switzerland concentrated their innovations on timeless elegance and beauty. Press articles and overall excitement about the competition in the Swiss watch industry and the technology-driven development of smart...

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        Country Report

        Watches in France

        Jul 2016

        In 2016, smart watches continued to positively impact traditional watches. Since their emergence in France, these watches have fuelled consumer interest in standard devices. Even though companies are looking to develop these alternative products, low...

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        Country Report

        Watches in South Korea

        Jul 2016

        High mechanical watches was the fastest growing area within watches in 2016. However, while quartz analogue watches sales also grew, quartz digital watches sales fell. Such watches are typically preferred by either children or consumers who actively ...

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        Country Report

        Watches in Sweden

        Jul 2016

        Watches experienced a solid performance in Sweden since its declines during the global financial crisis in 2008, with growth particularly outstanding over the last four years of the review period. Watches grew by 7% in current value terms in 2016. ...

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        Country Report

        Watches in Mexico

        Jul 2016

        2016 started with the Mexican peso hitting its lowest value against the US dollar since 1981, with an exchange rate of Mx$19 pesos for US$1. During the first quarter of the year the exchange rate went back to more stable values, but most companies ...

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        Country Report

        Watches in Japan

        Jul 2016

        Value sales of watches in Japan continued to increase in 2016, with the category recording growth of 9% in current terms despite a 5% decline in volume terms. This performance can be attributed to the strong sales growth of high-end mechanical and ...

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        Country Report

        Watches in Russia

        Jul 2016

        Due to the deteriorating economic climate in the country and continued fall in real incomes in 2016, the majority of Russians struggled to afford even the most basic products, including food. Watches are seen as non-necessity items and they were in ...

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