The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreJan 2021
US$990Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
The outbreak of COVID-19 in 2020 meant that all stores selling non-essential items such as luxury timepieces had to close their doors for several months. These outlets are located in the main shopping malls in the country, which were shut between mid-March and mid-October, diminishing sales of luxury timepieces drastically, although e-commerce prevented a greater fall.
With Argentina’s economy worsening at the end of the review period as the impact of COVID-19 led to widespread job losses and reductions in working hours, the leading players in luxury timepieces were forced to rationalise their operations as they faced the grim reality of high inflation and changing spending behaviour among consumers. Among the major issues they faced was the significant depreciation in the exchange rate value of the Argentinian peso over the course of 2020, which resulted in unit prices of all imported products skyrocketing in local currency terms, rendering luxury timepieces affordable to an ever decreasing number of people.
In the past, demand for luxury timepieces encompassed a broad range of Argentinian consumers from middle-income to mid-to-high socioeconomic segments. Within this context, luxury timepieces were often considered ideal commemorative gifts for special occasions such as weddings, birthdays, retirements, anniversaries and such.
Files are delivered directly into your account within a few minutes of purchase.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Delivery
Files are delivered directly into your account within a few minutes of purchase.
Overview
Discover the latest market trends and uncover sources of future market growth for the Luxury Timepieces industry in Argentina with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Luxury Timepieces industry in Argentina, our research will save you time and money while empowering you to make informed, profitable decisions.
The Luxury Timepieces in Argentina market research report includes:
Our market research reports answer questions such as:
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.