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Country Report

Luxury Timepieces in

Luxury Timepieces in Brazil

Feb 2019

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Limited sales growth in 2018 following challenging 2017

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 by purchasing products abroad.

Store closures in response to falling sales

Vacheron Constantin, Cartier and Montblanc are important brands within luxury timepieces that closed stores recently in Brazil as a result of falling demand due to the challenging economic situation.

Potential for new business formats to boost sales

Brazil is a major global market due to its large population and strong consumption appetite, with many brands looking to have a strong presence in the country. Despite regular economic downturns, some areas have seen strong growth.

COMPETITIVE LANDSCAPE

Cartier explores potential of using image of local hero

Santos de Cartier is a wrist watch collection from Louis Cartier that honours the history of Brazilian aviator Alberto dos Santos-Dumont. In Brazil, Santos-Dumont is known as a leading pioneer in the development of aviation and is very popular among the population.

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Overview

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.

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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 Brazil 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 Brazil, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Timepieces in Brazil market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Luxury Timepieces in Brazil?
What are the major brands in Brazil?
How dynamic is the growth of Luxury Timepieces internet sales?
What is driving growth?

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 function

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Luxury Timepieces in Brazil - Category analysis

HEADLINES

PROSPECTS

Limited sales growth in 2018 following challenging 2017

Store closures in response to falling sales

Potential for new business formats to boost sales

COMPETITIVE LANDSCAPE

Cartier explores potential of using image of local hero

CATEGORY DATA

Table 1 Sales of Luxury Timepieces by Category: Value 2013-2018
Table 2 Sales of Luxury Timepieces by Category: % Value Growth 2013-2018
Table 3 NBO Company Shares of Luxury Timepieces: % Value 2013-2017
Table 4 LBN Brand Shares of Luxury Timepieces: % Value 2014-2017
Table 5 Distribution of Luxury Timepieces by Format: % Value 2013-2018
Table 6 Forecast Sales of Luxury Timepieces by Category: Value 2018-2023
Table 7 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2018-2023

Luxury Goods in Brazil - Industry Overview

EXECUTIVE SUMMARY

Luxury areas resume growth, but at lower pace than expected

Political uncertainty impacting company strategies

Growing concentration due to falling demand

Store-based retailing leads distribution, but growing focus on new channels

Slow recovery requires long-term goals and more efforts to boost awareness

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2013-2018

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2013-2018
Table 10 Sales of Luxury Goods by Category: % Value Growth 2013-2018
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018
Table 12 NBO Company Shares of Luxury Goods: % Value 2013-2017
Table 13 LBN Brand Shares of Luxury Goods: % Value 2014-2017
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2018
Table 15 Forecast Sales of Luxury Goods by Category: Value 2018-2023
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023

Megatrends

Country Report

Luxury Timepieces in Brazil

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Limited sales growth in 2018 following challenging 2017

Store closures in response to falling sales

Potential for new business formats to boost sales

COMPETITIVE LANDSCAPE

Cartier explores potential of using image of local hero

Overview

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Samples (FAQs about samples):

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Table of Contents

Luxury Timepieces in Brazil - Category analysis

HEADLINES

PROSPECTS

Limited sales growth in 2018 following challenging 2017

Store closures in response to falling sales

Potential for new business formats to boost sales

COMPETITIVE LANDSCAPE

Cartier explores potential of using image of local hero

CATEGORY DATA

Luxury Goods in Brazil - Industry Overview

EXECUTIVE SUMMARY

Luxury areas resume growth, but at lower pace than expected

Political uncertainty impacting company strategies

Growing concentration due to falling demand

Store-based retailing leads distribution, but growing focus on new channels

Slow recovery requires long-term goals and more efforts to boost awareness

MARKET INDICATORS

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

Recently Viewed

Recently Viewed

Megatrends

Country Report

Luxury Timepieces in Brazil

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Limited sales growth in 2018 following challenging 2017

Store closures in response to falling sales

Potential for new business formats to boost sales

COMPETITIVE LANDSCAPE

Cartier explores potential of using image of local hero

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Luxury Timepieces in Brazil - Category analysis

HEADLINES

PROSPECTS

Limited sales growth in 2018 following challenging 2017

Store closures in response to falling sales

Potential for new business formats to boost sales

COMPETITIVE LANDSCAPE

Cartier explores potential of using image of local hero

CATEGORY DATA

Luxury Goods in Brazil - Industry Overview

EXECUTIVE SUMMARY

Luxury areas resume growth, but at lower pace than expected

Political uncertainty impacting company strategies

Growing concentration due to falling demand

Store-based retailing leads distribution, but growing focus on new channels

Slow recovery requires long-term goals and more efforts to boost awareness

MARKET INDICATORS

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

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