Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Country Report

Luxury Timepieces in

Luxury Timepieces in Mexico

15 pages, Feb 2018

US$990

Add to cart Pay by invoice

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!

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

Many consumers consider luxury timepieces an investment

Although watches is a mature category, leading brands showed stable growth. Leading players aimed to capitalise on the sentimental value associated with gifting a watch as a present, especially for a specific occasion.

Watch manufacturers struggle to adapt to declining demand

Smartwatches gained a lot of traction, and manufacturers of traditional luxury brands invested in marketing to compensate. It is essential for manufacturers and retailers to engage consumers; print and digital media are the cornerstones of the media strategy in addition to influencers.

Smartwatches enter the luxury arena

Smartwatches is responsible for rebooting stagnant watches sales. For some manufacturers, sales of smartwatches surpassed sales of their analogue counterparts.

COMPETITIVE LANDSCAPE

Top brands capitalise on the opportunities in Mexico

Swatch Group Mexico inaugurated its first Longines boutique at Palacio de Hierro Polanco that displays more than 150 models, both classic and Hispanics editions. The inauguration coincided with Mexico's Longines Global Champions Tour.

Samsung solidifies its position in luxury timepieces

Samsung joined the Swiss watch community at Baselworld Watch and Jewellery trade show held in Switzerland every year. Its presence sets the tone for the changes the industry is expecting, challenging their tradition and redefining a watch driven by the younger generations that look for the lifestyle benefits of smartwatches.

Ferrari launches models exclusively for Mexico

Ferrari and Hublot launched the MP-05 La Ferrari, exclusive models for Mexico made with black and blue sapphires. The models are meant to commemorate the Mexican Formula One Grand Prix.

Files are delivered directly into your account within a few minutes of purchase.

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.

Samples (FAQs about samples):

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

The Luxury Timepieces in Mexico 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 Mexico?
What are the major brands in Mexico?
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

Want to find out more about this report?

Request more information

Luxury Timepieces in Mexico - Category analysis

HEADLINES

PROSPECTS

Many consumers consider luxury timepieces an investment

Watch manufacturers struggle to adapt to declining demand

Smartwatches enter the luxury arena

COMPETITIVE LANDSCAPE

Top brands capitalise on the opportunities in Mexico

Samsung solidifies its position in luxury timepieces

Ferrari launches models exclusively for Mexico

CATEGORY DATA

Table 1 Sales of Luxury Timepieces by Category: Value 2012-2017
Table 2 Sales of Luxury Timepieces by Category: % Value Growth 2012-2017
Table 3 NBO Company Shares of Luxury Timepieces: % Value 2012-2016
Table 4 LBN Brand Shares of Luxury Timepieces: % Value 2013-2016
Table 5 Distribution of Luxury Timepieces by Format: % Value 2012-2017
Table 6 Forecast Sales of Luxury Timepieces by Category: Value 2017-2022
Table 7 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2017-2022

Luxury Goods in Mexico - Industry Overview

EXECUTIVE SUMMARY

Mexico represents an attractive market for luxury goods manufacturers

Luxury consumer base continues to grow

Key iconic brands maintain a solid performance

Luxury players strengthen their brands’ retail presence in Mexico

Experiential luxury goods will continue to drive growth

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2012-2017

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2012-2017
Table 10 Sales of Luxury Goods by Category: % Value Growth 2012-2017
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2017
Table 12 NBO Company Shares of Luxury Goods: % Value 2012-2016
Table 13 LBN Brand Shares of Luxury Goods: % Value 2013-2016
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2017
Table 15 Forecast Sales of Luxury Goods by Category: Value 2017-2022
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2017-2022

Megatrends

Country Report

Luxury Timepieces in Mexico

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Many consumers consider luxury timepieces an investment

Watch manufacturers struggle to adapt to declining demand

Smartwatches enter the luxury arena

COMPETITIVE LANDSCAPE

Top brands capitalise on the opportunities in Mexico

Samsung solidifies its position in luxury timepieces

Ferrari launches models exclusively for Mexico

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Luxury Timepieces in Mexico - Category analysis

HEADLINES

PROSPECTS

Many consumers consider luxury timepieces an investment

Watch manufacturers struggle to adapt to declining demand

Smartwatches enter the luxury arena

COMPETITIVE LANDSCAPE

Top brands capitalise on the opportunities in Mexico

Samsung solidifies its position in luxury timepieces

Ferrari launches models exclusively for Mexico

CATEGORY DATA

Luxury Goods in Mexico - Industry Overview

EXECUTIVE SUMMARY

Mexico represents an attractive market for luxury goods manufacturers

Luxury consumer base continues to grow

Key iconic brands maintain a solid performance

Luxury players strengthen their brands’ retail presence in Mexico

Experiential luxury goods will continue to drive growth

MARKET INDICATORS

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Company Reports

Recently Viewed

Complete Catalogue

Country Reports

Company Reports