The market is dominated by foreign suppliers, as imports account for 54.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 68.8% of total demand in 2022. China has the third largest market size for watches and clocks regionally, with demand reaching USD5.3 billion in 2022. Chow Tai Fook Jewellery Group Ltd is the largest company in China, generating 9.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 33.2% of total production value in 2022. The total number of companies decreases in 2022, to 4,941 units. The costs of the industry remain unchanged in 2022. The industry’s profitability increases and stands at 8.4% of production value in 2022, the 16th highest regionally. The industry’s exports share increases in 2022 to 64.7% of total production output. With production value of USD6.1 billion, China accounts for 30.6% of the Asia Pacific total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Watches and Clocks in China: ISIC 333. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Watches and Clocks in China: ISIC 333 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!