Watches recorded a third consecutive year of decline in current value sales in 2016. Chinese tourists represent the major purchasers of high mechanical watches in Hong Kong. With the Chinese government clamping down on gift giving, coupled with fewer Chinese arrivals in Hong Kong, retail value sales of watches continued to underperform. In addition, the appreciation of the Swiss franc exerted upward pressure on prices of imported high mechanical watches manufactured in Switzerland. Switzerland’s...
Euromonitor International's Watchesin Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2011-2015), 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 – be they new product developments, distribution or pricing issues. Forecasts to 2020 illustrate how the market is set to change.
Product coverage: Watches by Price Band, Watches by type.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
Get a detailed picture of the Watches 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.
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