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!
Deep declines were recorded in sales of luxury timepieces during 2020 as the influence of the COVID-19 pandemic put substantial pressure on the category. One of the main factors behind the category’s performance during the year was the government-mandated closure of all non-essential retail stores during the quarantine lockdown that was enforced throughout the country at the peak of the COVID-19 pandemic.
Luxury timepieces registered positive sales growth in Indonesia for much of the review period. This was based on the favourable economic situation in Indonesia and the country’s positive economic development in recent years.
The adverse economic environment that emerged over the course of 2020 due to the COVID-19 pandemic had an interesting effect on the market in luxury timepieces in Indonesia in terms of spurring significant development in the second-hand market. On the one hand, declining spending power and the significant pressure that came on household incomes due to the interruptions that were seen to commercial activity in several key sectors of the Indonesian economy motivated many people to sell their luxury timepieces, many of which were considered to be investment pieces.
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 Indonesia 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 Indonesia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Luxury Timepieces in Indonesia 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.