Global Luxury Watch Market: Size, Trends and Forecast (2019-2023)

Global Luxury Watch Market: Size, Trends and Forecast (2019-2023)

Scope of the Report

The report entitled “Global Luxury Watch Market: Size, Trends and Forecast (2019-2023)” provides an in-depth analysis of the luxury watch market including detailed description of market sizing and growth. The report provides an analysis of the global luxury watch market by value, by product and by distribution channel. The report also provides a regional analysis of the luxury watch market for the following regions: Americas, Asia, Europe and ROW.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall luxury watch market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the luxury watch market are Rolex, LVMH Group, Richemont and The Swatch Group Ltd. The four companies have been profiled in the report providing their business overview, financial overview and business strategies.

Country Coverage

Americas
Asia
Europe
ROW

Company Coverage

Rolex
LVMH Group
Richemont
The Swatch Group Ltd

Executive Summary

Luxury watches are characterized by their high level of price, quality and rarity and are superior to other kinds of watches in terms of comfort and refinement. Luxury watches can be made using a variety of materials such as gold, platinum, steel, titanium and ceramic. On the basis of watch styles, luxury watches can be divided into vintage style watches, diving watches, sports watches, limited edition watches and others.

Luxury watches have been segmented on the basis of product type, made, distribution channel and demography. The two major product types of luxury watches are mechanical and electronic. On the basis of made, luxury watches have been divided into Swiss watches and others. Distribution channels for luxury watches have been segmented into online and offline channels. On the basis of demography, luxury watches have been divided into male luxury watches and female luxury watches.

The global luxury watch market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as increasing air travel, growing demand for luxury watches among millennials, rise in e-commerce channels, etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are threat from counterfeit products and high production cost.


1. Executive Summary
2. Introduction
2.1 Luxury Watch: An Overview
2.1.1 Luxury Watch Styles
Table 1: Luxury Watch Styles
2.1.2 Metals Used in Luxury Watches
Table 2: Metals Used in Luxury Watches
2.2 Luxury Watch Movements: An Overview
Table 3: Luxury Watch Movements
2.3 Luxury Watch Complications: An Overview
Table 4: Luxury Watch Complications
2.4 Luxury Watch Segmentation: An Overview
2.4.1 Luxury Watch Segmentation by Product Type
Table 5: Luxury Watch Segmentation by Product Type
2.4.2 Luxury Watch Segmentation by Made, Distribution Channel and Demography
Table 6: Luxury Watch Segmentation by Made, Distribution Channel and Demography
3. Global Market Analysis
3.1 Global Luxury Watch Market: An Analysis
3.1.1 Global Luxury Watch Market by Value
Table 7: Global Luxury Watch Market by Value; 2018-2023 (US$ Billion)
3.1.2 Global Luxury Watch Market by Region (Asia, Europe, Americas, ROW)
Table 8: Global Luxury Watch Market by Region; 2018 (Percentage, %)
3.1.3 Global Luxury Watch Market by Product (Mechanical, Electronic)
Table 9: Global Luxury Watch Market by Product; 2018 (Percentage, %)
3.1.4 Global Luxury Watch Market by Distribution Channel (Offline, Online)
Table 10: Global Luxury Watch Market by Distribution Channel; 2018 (Percentage, %)
3.2 Global Luxury Watch Market: Product Analysis
3.2.1 Global Mechanical Luxury Watch Market by Value
Table 11: Global Mechanical Luxury Watch Market by Value; 2018-2023 (US$ Billion)
3.2.2 Global Electronic Luxury Watch Market by Value
Table 12: Global Electronic Luxury Watch Market by Value; 2018-2023 (US$ Billion)
3.3 Global Luxury Watch Market: Distribution Channel Analysis
3.3.1 Global Online Luxury Watch Market by Value
Table 13: Global Online Luxury Watch Market by Value; 2018-2023 (US$ Billion)
3.3.2 Global Offline Luxury Watch Market by Value
Table 14: Global Offline Luxury Watch Market by Value; 2018-2023 (US$ Billion)
4. Regional Market Analysis
4.1 Americas Luxury Watch Market: An Analysis
4.4.1 Americas Luxury Watch Market by Value
Table 15: Americas Luxury Watch Market by Value; 2018-2023 (US$ Billion)
4.2 Asia Luxury Watch Market: An Analysis
4.2.1 Asia Luxury Watch Market by Value
Table 16: Asia Luxury Watch Market by Value; 2018-2023 (US$ Billion)
4.3 Europe Luxury Watch Market: An Analysis
4.3.1 Europe Luxury Watch Market by Value
Table 17: Europe Luxury Watch Market by Value; 2018-2023 (US$ Billion)
4.4 ROW Luxury Watch Market: An Analysis
4.4.1 ROW Luxury Watch Market by Value
Table 18: ROW Luxury Watch Market by Value; 2018-2023 (US$ Billion)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Air Travel
Table 19: Global Airline Industry Number of Scheduled Passengers; 2014-2019 (Billion)
5.1.2 Growing Demand for Luxury Watches among Millennials
Table 20: Global Annual Aggregate Income by Generation; 2020-2025 (US$ Trillion)
5.1.3 Rapid Urbanization
Table 21: Global Urbanization Rates by Region; 2010-2040 (Percentage, %)
5.1.4 Rise in E-commerce Channels
Table 22: Global Luxury Goods E-commerce Sales; 2016-2025 (US$ Billion)
5.1.5 Rising Purchasing Power
Table 23: Global GDP in PPP Terms; 2000-2020 (US$ Trillion)
5.2 Challenges
5.2.1 Threat from Counterfeit Products
5.2.2 High Production Cost
5.3 Market Trends
5.3.1 Use of Social Media for Marketing
Table 24: Global Social Network Users and Penetration; 2014-2020 (Billion, Percentage, %)
5.3.2 Growing Demand for Second-hand Luxury Watches
5.3.3 Use of Luxury Watches as a Status Symbol
6. Competitive Landscape
6.1 Global Luxury Watch Market Players: Financial Comparison
Table 25: Global Luxury Watch Market Players Financial Comparison; 2018/2019
6.2 The US Luxury Watch Brands by Total Sales Share
Table 26: The US Luxury Watch Brands by Total Sales Share; 2018 (Percentage, %)
6.3 UK Luxury Watch Brands by Total Sales Share
Table 27: UK Luxury Watch Brands by Total Sales Share; 2018 (Percentage, %)
6.4 Inner London and Manhattan Luxury Watch Brands by Number of Agencies
Table 28: Inner London and Manhattan Luxury Watch Brands by Number of Agencies; 2019
7. Company Profiles
7.1 Rolex
7.1.1 Business Overview
7.1.2 Business Strategy
7.2 LVMH Group
7.2.1 Business Overview
7.2.2 Financial Overview
Table 29: LVMH Group Revenue; 2014-2018 (US$ Billion)
Table 30: LVMH Group Revenue by Segments; 2018 (Percentage, %)
Table 31: LVMH Group Revenue by Region; 2018 (Percentage, %)
7.2.3 Business Strategy
7.3 Richemont
7.3.1 Business Overview
7.3.2 Financial Overview
Table 32: Richemont Sales; 2015-2019 (US$ Billion)
Table 33: Richemont Sales by Segments; 2019 (Percentage, %)
Table 34: Richemont Sales by Region; 2019 (Percentage, %)
7.3.3 Business Strategy
7.4 The Swatch Group Ltd
7.4.1 Business Overview
7.4.2 Financial Overview
Table 35: The Swatch Group Ltd Net Sales; 2014-2018 (US$ Billion)
Table 36: The Swatch Group Ltd Net Sales by Segments; 2018 (Percentage, %)
Table 37: The Swatch Group Ltd Net Sales by Region; 2018 (Percentage, %)
7.4.3 Business Strategy

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