Watches in Mexico

July 2021
USD 990
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Overview:

Understand the latest market trends and future growth opportunities for the Traditional Watches industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Traditional Watches industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Traditional Watches in Mexico report includes:

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

This report answers:

  • What is the market size of Traditional Watches in Mexico?
  • Which are the leading brands in Traditional Watches in Mexico?
  • How significant is tourism in determining sales and demand for Traditional Watches in Mexico?
  • How are COVID-19 and global recession impacting demand for Traditional Watches in Mexico?
  • In the wake of COVID-19, how soon can Traditional Watches be expected to recover? Where are the opportunities for growth now?
  • Where is future growth expected to be most significant?

Watches in Mexico - Category analysis

KEY DATA FINDINGS

2021 will see a modest rebound in demand, as COVID-19 restrictions are eased and the economic shock of the pandemic begins to dissipate
E-commerce continues to grow in importance, but buyers of high watches still want the personal touch
Multi-brand strategy and widening distribution help Swatch Group Mexico SA de CV stay on top
Economic recovery will drive accelerated rebound in demand
High mechanical watches will remain a potent status symbol
More watch manufacturers will launch their own smartwatches, diluting demand for quartz digital watches
Table 1 Sales of Watches by Category: Volume 2016-2021
Table 2 Sales of Watches by Category: Value 2016-2021
Table 3 Sales of Watches by Category: % Volume Growth 2016-2021
Table 4 Sales of Watches by Category: % Value Growth 2016-2021
Table 5 Sales of Watches by Price Band: Volume 2016-2021
Table 6 Sales of Watches by Price Band: Value 2016-2021
Table 7 Sales of Watches by Price Band: % Volume Growth 2016-2021
Table 8 Sales of Watches by Price Band: % Value Growth 2016-2021
Table 9 NBO Company Shares of Watches: % Value 2016-2020
Table 10 LBN Brand Shares of Watches: % Value 2017-2020
Table 11 Distribution of Watches by Format: % Value 2016-2021
Table 12 Forecast Sales of Watches by Category: Volume 2021-2026
Table 13 Forecast Sales of Watches by Category: Value 2021-2026
Table 14 Forecast Sales of Watches by Category: % Volume Growth 2021-2026
Table 15 Forecast Sales of Watches by Category: % Value Growth 2021-2026

Personal Accessories in Mexico - Industry Overview

Personal accessories in 2021: The big picture
Key trends in 2021
Competitive landscape
Retailing developments
What next for personal accessories?
Table 16 Sales of Personal Accessories by Category: Volume 2016-2021
Table 17 Sales of Personal Accessories by Category: Value 2016-2021
Table 18 Sales of Personal Accessories by Category: % Volume Growth 2016-2021
Table 19 Sales of Personal Accessories by Category: % Value Growth 2016-2021
Table 20 NBO Company Shares of Personal Accessories: % Value 2016-2020
Table 21 LBN Brand Shares of Personal Accessories: % Value 2017-2020
Table 22 Distribution of Personal Accessories by Format: % Value 2016-2021
Table 23 Forecast Sales of Personal Accessories by Category: Volume 2021-2026
Table 24 Forecast Sales of Personal Accessories by Category: Value 2021-2026
Table 25 Forecast Sales of Personal Accessories by Category: % Volume Growth 2021-2026
Table 26 Forecast Sales of Personal Accessories by Category: % Value Growth 2021-2026

DISCLAIMER

Summary 1 Research Sources
The following categories and subcategories are included:

Traditional Watches

      • Basic Mechanical Watches
      • Mid Mechanical Watches
      • High Mechanical Watches
      • Basic Quartz Analogue Watches
      • Mid Quartz Analogue Watches
      • High Quartz Analogue Watches
      • Basic Quartz Digital Watches
      • Mid Quartz Digital Watches
      • High Quartz Digital Watches
      • Basic Quartz Analogue Watches
      • Basic Quartz Digital Watches
      • Basic Mechanical Watches
      • Mid Quartz Analogue Watches
      • Mid Quartz Digital Watches
      • Mid Mechanical Watches
      • High Quartz Analogue Watches
      • High Quartz Digital Watches
      • High Mechanical Watches

Traditional Watches

Watches are timekeeping instruments usually worn on the wrist or carried as an accessory in a pocket. Includes wristwatches, pocket watches, and watch jewellery (gemstone-studded watches).

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  • Track key industry trends, opportunities and threats
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This report originates from Passport, our Traditional Watches research and analysis database.

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