Luxury Timepieces
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Categories
- Luxury Goods
- Designer Apparel and Footwear (Ready-to-Wear)
- Fine Wines/Champagne and Spirits
- Luxury Cars
- Luxury Eyewear
- Luxury Foodservice
- Luxury Hotels (5-star plus)
- Luxury Jewellery
- Luxury Leather Goods
- Luxury Portable Consumer Electronics
- Luxury Timepieces
- Luxury Writing Instruments and Stationery
- Personal Luxury
- Super Premium Beauty and Personal Care
Filters
Country Report
Luxury Timepieces in Taiwan
Feb 2019
The ubiquity of smartphones and their use for all manner of everyday purposes has undermined demand for traditional timepieces. As a result, timepieces are increasingly purchased for their decorative and symbolic properties rather than for ...
Country Report
Luxury Timepieces in Romania
Feb 2019
Luxury timepieces in Romania recorded strong current value growth in 2018. Rising demand for premium quality luxury timepieces in bigger cities is contributing to generating opportunities for the category. Watches have become more an expression of a ...
Country Report
Luxury Timepieces in Thailand
Feb 2019
Over the forecast period, retail volume and value (current and constant 2018 prices) sales of luxury timepieces are projected to rise. Growth is expected to be supported by Swiss-made timepieces and signature models by well-known brands, which remain...
Country Report
Luxury Timepieces in Spain
Feb 2019
Luxury men’s and women’s timepieces are both expected to register current value growth over the forecast period, as they did in 2018, although the former will remain a far larger category. Spanish women, as in other European countries, are set be ...
Country Report
Luxury Timepieces in South Africa
Feb 2019
There is a growing appetite among locals for luxury brands, especially accessories such as jewellery and watches. For consumers who are unable to purchase new products, second-hand items are often the next best option. This niche and lucrative ...
Country Report
Luxury Timepieces in Indonesia
Feb 2019
Women’s luxury timepieces posted significant current value growth in 2018. One of the main drivers behind such growth was the opening of Cartier’s flagship store in late 2016. The newly opened brand store located in one of the luxury shopping centres...
Country Report
Luxury Timepieces in Italy
Feb 2019
Luxury timepieces showed a healthy performance in 2018, and is expected to maintain solid current value growth over the forecast period. The more favourable economic climate is set to support domestic demand, with an increasing number of Italians ...
Country Report
Luxury Timepieces in the US
Feb 2019
Following an abysmal two years in 2015 and 2016, luxury timepieces in the US managed to slow down its decline. Much of these losses can be ascribed to consumers simply not wearing watches as much any longer, especially the emerging millennial ...
Country Report
Luxury Timepieces in Brazil
Feb 2019
Although luxury timepieces recorded modest value growth in 2018, this was considered to be disappointing by leading players following a very challenging 2017. Prices in the area are one of the barriers for consumers, many of whom look to save money ...
Country Report
Luxury Timepieces in Argentina
Feb 2019
One of the biggest drawbacks for luxury timepieces in Argentina is its high price compared to other countries, including its neighbour Chile. As a result, and as in the vast majority of luxury categories, Argentinians prefer to buy luxury timepieces ...
Country Report
Luxury Timepieces in China
Feb 2019
In June 2018, the China Horologe Association officially announced the news regarding reduced import tariffs for several categories of high-end and even luxury timepieces, including both mechanical and quartz watches. The reduction was enacted by the ...
Country Report
Luxury Timepieces in the United Kingdom
Feb 2019
More than two years on, the fate of luxury timepieces still seems closely linked to the tribulations of Brexit negotiations. Currency fluctuations have had a noticeable impact on sales of luxury timepieces, often in contrast with the rest of the ...
Country Report
Luxury Timepieces in India
Feb 2019
Although luxury timepieces is set to continue to see stable growth, backed by demand from aspirational first-time buyers and companies launching affordable luxury watches to target price-conscious Indian consumers, it is expected that smart wearables...
Country Report
Luxury Timepieces in Hong Kong, China
Feb 2019
The economic improvement seen in Hong Kong and the rise in the number of inbound arrivals, particularly from Mainland China, has had a very positive impact on sales of luxury timepieces in 2017 and 2018. Consumer confidence is returning which is ...
Country Report
Luxury Timepieces in France
Feb 2019
Following record years, consumers’ purchases started to slump after 2015, with a sharp decline in revenues for luxury watch manufacturers. Sales of luxury timepieces began their recovery in 2017 and are predicted to grow in value terms over the ...
Country Report
Luxury Timepieces in Canada
Feb 2019
Although luxury timepieces increased in current value terms in 2018, and this is expected to continue in the forecast period, a gradual slowdown in the growth rate is expected from 2019. A sluggish economy and trade uncertainty are expected to limit ...
Country Report
Luxury Timepieces in Germany
Feb 2019
In 2018, luxury timepieces posted stronger current value growth when compared to previous years, when sales were adversely impacted by lower tourist numbers due to security concerns after Europe had been hit by terrorist attacks and the Chinese ...
Country Report
Luxury Timepieces in Sweden
Feb 2019
Luxury timepieces have always been a status symbol in Sweden. A strong economy, characterised by rising disposable incomes, low rents and soaring house prices, has helped to drive sales in recent years. Another driver of growth has been tourism. ...
Country Report
Luxury Timepieces in the Philippines
Feb 2019
Well-utilised social media platforms have created new consumer groups and more niche demands in luxury goods, including timepieces. In 2018, saw there were more and more young collectors, who showed a preference for used and rare pieces over buying ...
Country Report
Luxury Timepieces in South Korea
Feb 2019
Manufacturers expected strong category growth during 2017 and 2018. However, sales to inbound tourists’ decreased due to political tension with China and luxury timepieces failed to witness strong growth. Nevertheless, the category registered steady ...
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