Luxury Timepieces in Turkey

Luxury Timepieces in Turkey

Affordable luxury timepieces were on the increase in 2019, offering status and quality, but at a lower unit price compared to high-end luxury players. A strategy luxury players use to attract more value-conscious affluent shoppers, is to launch affordable entry-level models. For example, in 2018, Vacheron Constantin launched its Fiftysix collection, offering contemporary but elegant designs, at a more affordable price point, appealing to entry-level luxury shoppers, and making the brand much mor...

Euromonitor International's Luxury Timepieces in Turkey report offers a comprehensive guide to the size and shape of the Luxury Timepieces 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 strategic analysis of key factors influencing the market and their effects on Luxury Timepieces retailing along with the development of consumers’ shopping patterns. Forecasts to 2024 illustrate how the market is set to change

Product coverage: Men's Luxury Timepieces, Women's Luxury Timepieces.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Luxury Timepieces market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Luxury Timepieces in Turkey
Euromonitor International
January 2020
the Rise of Affordable Luxury Boosts Value Sales of Luxury Timepieces
Players Attract Millennials Through Social Media Strategies That Partner With Influencers and Bloggers
the Rise of Unit Prices Lead To Heightened Value Sales and Increased Growth
Competitive Landscape
New Launches in 2019 Include Unconventional Designs, Innovation and Personalisation
Luxury Players Focus on Their Heritage As They Tempt Consumers With Limited-edition Offerings
Sportspeople Wear Luxury Timepieces As Players Pay High Sums To Have Their Products Promoted
Category Data
Table 1 Sales of Luxury Timepieces by Category: Value 2014-2019
Table 2 Sales of Luxury Timepieces by Category: % Value Growth 2014-2019
Table 3 NBO Company Shares of Luxury Timepieces: % Value 2014-2018
Table 4 LBN Brand Shares of Luxury Timepieces: % Value 2015-2018
Table 5 Distribution of Luxury Timepieces by Format: % Value 2014-2019
Table 6 Forecast Sales of Luxury Timepieces by Category: Value 2019-2024
Table 7 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2019-2024
Executive Summary
Despite A Decline in Growth, the Increase in Tourism, the Rise of Men's Apparel and the Opening of New Luxury Stores, Positively Benefited Luxury Goods
the Growing Health and Wellness Trend, Customisation and A Desire for Co-ordinated Outfits Shapes Luxury Offerings
Luxury Car Players Led the Landscape, As Competitors Launch Limited-edition Products To Gain Value Share
Store-based Retailing Remains the Dominant Distribution Channel, However, Internet Purchases Are on the Rise
Growth Is Predicted To Increase Over the Forecast Period, Driven by Women in the Workforce and Growth of Luxury Cars
Market Indicators
Table 8 Number of High Net Worth Individuals (HNWI): 2014-2019
Market Data
Table 9 Sales of Luxury Goods by Category: Value 2014-2019
Table 10 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 12 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 13 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 15 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024
Summary 1 Research Sources

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