Luxury Timepieces

Luxury timepieces saw a strong current value performance in 2019, thanks to a surge in visits by tourists, notably in Paris. This was despite growth being hampered by Asian tourists, the main buyers of luxury products, being more inclined to make ...

Growth is continuing at a steady base in luxury timepieces, especially in men’s luxury timepieces which registered the highest growth in 2019. Both male and female consumers consider timepieces as items for daily use, and will, therefore, be happy to...

As a result of rising demand for both men’s and women’s luxury timepieces, various new players have entered Malaysia recently to take advantage of improving consumer confidence. Nevertheless, current value growth fell slightly in 2019 following the ...

With Argentina’s economy still struggling at the end of the review period, the leading players in luxury timepieces were forced to rationalise their operations as they face the grim reality of high inflation and changing consumer spending behaviours....

Luxury timepieces saw robust growth in 2019 in current value terms, supported by Indonesia’s strong economy and the rising number of mid- and high-income consumers. As incomes rise there is growing interest in investment opportunities, with luxury ...

The ongoing rise in inbound tourism is having a positive impact on sales of luxury timepieces in Japan, which is expected to continue over the forecast period as the government works towards its target of raising inbound tourists numbers to 60 ...

The luxury timepieces category saw continued growth in 2019. Consumers are interested in the benefits of buying luxury watches, and prefer to purchase watches whose value is likely to increase in future. Luxury timepieces are popular as ...

Luxury timepieces continues to be influenced by a growing interest in vintage, collectible and second-hand products, a trend that began to clearly emerge in 2018. Mainstream manufacturers are investing to promote and sell these products as the Dutch ...

Affordable luxury timepieces were on the increase in 2019, offering status and quality, but at a lower unit price compared to high-end luxury players. A strategy luxury players use to attract more value-conscious affluent shoppers, is to launch ...

The trend for collecting fashionable watches has been visible for a number of years in Poland, leading to increasing sales of both mass watches and luxury timepieces, although the latter remained smaller in size in 2019. This is because the target ...

The luxury timepieces category saw negative growth in 2019, largely affected by the extended period of civil unrest taking place in Hong Kong throughout the year. However, the category saw a lower level of negative growth than others. Enthusiasts are...

Luxury timepieces continued to see healthy current value growth in 2019. However, the increase was slightly lower compared with 2018, as domestic demand was negatively impacted by greater political and economic uncertainty in Italy. Luxury timepieces...

Despite on-going threats of a trade war and global economic uncertainty, the outlook for luxury overall remains optimistic. This report looks at key trends shaping the landscape with emphasis on sustainability, the impact of digital and technological...

Many consumers in the United Arab Emirates continue to enjoy wearing luxury timepieces in order to display their social status. However, sales have been negatively hit in recent years by the economic downturn and falling incomes, with some middle ...

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 ...

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 ...

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...

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 ...

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 ...

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 ...