Watches & Clocks Market Research Reports & Industry Analysis

Clocks and watches, also known as timekeeping pieces, are a part of an industry made up of primarily of manufacturers and assemblers of watches, clocks, time and date recording devices, timing mechanisms for clock devices and parts like springs, modules and jewels for these pieces. Though Switzerland is often touted as the leader in the watch and clock industry worldwide, the industry has its greatest focus in mainland Asia and Japan. In the U.S., clock and watch shipments dropped drastically in 2009 to $318 million, while the cost of materials increased to $162 million in 2010 from $146 million the year prior. Employment in these industries reflected these trends with the number of employees dropping from 1,703 in 2009 to 1,583 in 2010. While traditional clocks and watches have experienced downward trends in the United States, smartwatches, which are wrist-worn wearable devices with functionalities the surpass those of the traditional wristwatch, have grown in popularity. The global market for smartwatches was estimated to be valued at $702.5 million in 2013 with shipments of over 2 million units in the same year. High-end smartwatches encompassed approximately 90% of the overall market share in 2013, though the industry finds many consumers are still reluctant to pay between $250 and $300 for these devices. MarketResearch.com provides a large collection of market research on the watches and clocks industry. You can explore comprehensive reports on watches and clocks and find out about the latest product releases. We also offer detailed industry reports, databases, forecast reports and guides on markets in the U.S. and around the globe.
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Watches & Clocks Industry Research & Market Reports

  • Traditional and Connected Watches in South Korea

    ... traditional watches and connected watches. Within traditional watches, although mechanical watches accounts for the majority of sales, the preference for these watches continues to increase, with this category set to see the strongest retail current ... Read More

  • Traditional and Connected Watches in the US

    ... is expected to continue driving growth, despite the expectation of a softening from 2023. High-priced timepieces (over USD1,000) have benefited from being seen as an investment vehicle, particularly when it comes to luxury brands, where ... Read More

  • 2025 Global Forecast for Digital Watches Market (2026-2031 Outlook)-High Tech Outlook Report

    ... or service category is within the NAICS Textile and Fabric Finishing Mills industry. The product or service category is within the NAICS Textile and Fabric Finishing Mills industry. The global market is expected to increase ... Read More

  • Traditional and Connected Watches in Argentina

    ... economic transformation under President Javier Milei. Drastic spending cuts sent consumption and economic activity into a sharp decline. The economic crisis directly impacted the purchasing power of middle- and low-income households, leading to a sharp ... Read More

  • Traditional and Connected Watches in Switzerland

    ... significantly slower than the double-digit growth in retail value and volume seen in 2023. This slowdown reflects a combination of factors, including ongoing economic pressures and shifting consumer behaviours. Amid the cost of living crisis ... Read More

  • Personal Accessories in Switzerland

    ... stagnant performance, reflecting cautious purchasing behaviours among consumers. Switzerland's high consumer purchasing power remained a positive factor, yet persistently below-average consumer sentiment continued to lead to restrained spending. While inflation in Switzerland remained relatively low ... Read More

  • Traditional and Connected Watches in Canada

    ... of high mechanical watches continued to outperform its basic and mid-range counterparts, with some wealthier consumers having a preference for craftmanship and creativity delivered by high mechanical watches. High-end brands further fuelled demand by launching ... Read More

  • Personal Accessories in Australia

    ... this represents a welcome reprieve from a tough 2023, when demand stagnated. While Australia avoided a technical recession (defined as two consecutive quarters of falling GDP) in 2023 and the country had almost full employment, ... Read More

  • Traditional and Connected Watches in Australia

    ... connected watches (4% volume growth) and basic quartz analogue watches (5% volume growth). Meanwhile, volume sales of traditional watches are stagnating, in addition to a weak performance in value terms. This can be attributed to ... Read More

  • Global Secondhand Luxury Market: Analysis By Product Type (Handbags and Other Luxury Leather Goods, Apparel, Watches, Jewelry, and Others), By Distribution Channel (Online and Offline), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2029

    ... Forecast up to 2029 - Report Summary Report Metrics Details Years Considered 2019-2029 Base Year 2023 Forecast Period 2024-2029 Page Count 129 Units Referenced US $ Segments/Key Topics By Product Type, By Distribution Channel Regions ... Read More

  • Traditional and Connected Watches in Italy

    ... reflects a category that is becoming somewhat mature despite continued interest in digital connectivity. Euromonitor International's Traditional and Connected Watchesin Italy report offers a comprehensive guide to the size and shape of the market at ... Read More

  • Traditional and Connected Watches in Indonesia

    ... growth thanks to an ever-widening range of advanced features. Such products are becoming an increasingly popular choice amongst health-conscious Indonesians who wish to monitor metrics such as oxygen saturation, blood pressure, sleep quality and resting ... Read More

  • Global watch Market 2025-2029

    ... holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and ... Read More

  • 2025 Global: Wrist-Watches, Pocket-Watches, With Case Of Precious Metal Or Of Metal Clad With Precious Metal Products-Manufacturing Forecast (2031) report

    ... Precious Metal Products-Manufacturing Forecast (2031) report analyzies the market size, projected growth/decline and regional data for the period 2020 through 2031. Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic ... Read More

  • Traditional and Connected Watches in the United Arab Emirates

    ... view these premium timepieces as markers of personal success. Above average wages in the United Arab Emirates, along with tax-free salaries and a predominantly millennial population, bolster this demand. Euromonitor International's Traditional and Connected Watchesin ... Read More

  • Personal Accessories in the United Arab Emirates

    ... performances in 2022 and 2023 were fuelled by unprecedented government initiatives that attracted high net worth individuals to the United Arab Emirates, resulting in an expanding population and purchasing power. Additionally, record-breaking tourism during those ... Read More

  • Traditional and Connected Watches in Hong Kong, China

    ... According to the Swiss Watch Export data, exports to Hong Kong and mainland China decreased by double digits in the first half of 2024. The decline is largely attributed to slowing demand in destination markets. ... Read More

  • Personal Accessories in Hong Kong, China

    ... sales of personal accessories as a whole are declining. The waning appeal of Hong Kong to international tourists, previously known as a “shopping heaven”, along with the reduction in domestic interest, is among the most ... Read More

  • Traditional and Connected Watches in the United Kingdom

    ... watches continue to decline, largely due to shifts in consumption in the face of declining discretionary spending, while value growth is being bolstered by another year of unit price increases associated with this category. Polarisation ... Read More

  • Watches and Clocks in Canada: ISIC 333

    ... Watches and Clocks: ISIC 333 market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers ... Read More

  • Online Jewellery and Watch Sales in Australia - Industry Market Research Report

    ... and diverse product assortment. The sector comprises existing brands with bricks-and-mortar stores, authorised resellers that have shifted online or established an online presence to complement their existing operations and online-only stores. These stores have benefited ... Read More

  • Traditional and Connected Watches in Mexico

    ... careful consumption, although growth rates are set to be slightly lower than in recent years. In terms of categories, traditional watches is anticipated to show greater dynamism, with mid and high watches expected to see ... Read More

  • Vietnam Luxury Watches Market Outlook to 2028

    ... class. With increasing interest in luxury brands, particularly within fashion-conscious millennials and Gen Z, the demand for high-end timepieces has surged. These consumers value watches not only for their function but as symbols of status ... Read More

  • Personal Accessories in Japan

    ... in luggage, there has been a noticeable increase in additional purchases made by inbound tourists during their stay, reflecting a revival in travel. Similarly, sales of luxury traditional watches are heavily supported by inbound tourists, ... Read More

  • Traditional and Connected Watches in Japan

    ... items. Price increases are largely being influenced by the rising costs of materials and other expenses. For instance, Citizen announced a price hike of approximately 10% effective from 1 October 2024, citing the increased cost ... Read More

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