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Country Report

Luxury Timepieces in

Luxury Timepieces in the Philippines

13 pages, Feb 2018

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

Increasing number of brands for high-end consumers through retailers

The increased retail spaces offered by numerous retailers in the country paved the way for greater opportunities for luxury brands to flourish. Although multi-brand stores continue to spark greater interest from consumers, stand-alone boutiques are garnering attention with their new store concepts and exemplary service.

Younger consumers comprise area of development for luxury timepieces

One of the most dynamic consumer bases in 2017 was the growing population of high-income young professionals aspiring for products that would reflect their changing lifestyles. Consumers continued to invest in luxury timepieces as a means of entry into the world of luxury, especially for high earning individuals.

COMPETITIVE LANDSCAPE

Leading player continues to strengthen its position

With a dominant value share in 2016, Rolex SA maintained its leadership of luxury timepieces. Rolex opened its biggest store in the country, not only as a means of taking advantage of the growing retail space but also to satisfy the increasing demand of consumers for Rolex watches, especially for its latest and most coveted models.

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

The Luxury Timepieces in Philippines 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 Philippines?
What are the major brands in Philippines?
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 the Philippines - Category analysis

HEADLINES

PROSPECTS

Increasing number of brands for high-end consumers through retailers

Younger consumers comprise area of development for luxury timepieces

COMPETITIVE LANDSCAPE

Leading player continues to strengthen its position

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 the Philippines - Industry Overview

EXECUTIVE SUMMARY

Luxury goods remains stable despite current threats to growth

Millennials and mid-income consumers boost sales for luxury goods

Tight competition remains factor in highly fragmented landscape

Expansion of physical and online retailing boosts total luxury goods yet challenges individual brands

Robust forecast period could face threats to growth in the longer term

MARKET INDICATOR

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

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Euromonitor International

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Country Report

Luxury Timepieces in the Philippines

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Increasing number of brands for high-end consumers through retailers

Younger consumers comprise area of development for luxury timepieces

COMPETITIVE LANDSCAPE

Leading player continues to strengthen its position

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Luxury Timepieces in the Philippines - Category analysis

HEADLINES

PROSPECTS

Increasing number of brands for high-end consumers through retailers

Younger consumers comprise area of development for luxury timepieces

COMPETITIVE LANDSCAPE

Leading player continues to strengthen its position

CATEGORY DATA

Luxury Goods in the Philippines - Industry Overview

EXECUTIVE SUMMARY

Luxury goods remains stable despite current threats to growth

Millennials and mid-income consumers boost sales for luxury goods

Tight competition remains factor in highly fragmented landscape

Expansion of physical and online retailing boosts total luxury goods yet challenges individual brands

Robust forecast period could face threats to growth in the longer term

MARKET INDICATOR

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 the Philippines

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Increasing number of brands for high-end consumers through retailers

Younger consumers comprise area of development for luxury timepieces

COMPETITIVE LANDSCAPE

Leading player continues to strengthen its position

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Luxury Timepieces in the Philippines - Category analysis

HEADLINES

PROSPECTS

Increasing number of brands for high-end consumers through retailers

Younger consumers comprise area of development for luxury timepieces

COMPETITIVE LANDSCAPE

Leading player continues to strengthen its position

CATEGORY DATA

Luxury Goods in the Philippines - Industry Overview

EXECUTIVE SUMMARY

Luxury goods remains stable despite current threats to growth

Millennials and mid-income consumers boost sales for luxury goods

Tight competition remains factor in highly fragmented landscape

Expansion of physical and online retailing boosts total luxury goods yet challenges individual brands

Robust forecast period could face threats to growth in the longer term

MARKET INDICATOR

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

Recently Viewed

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