Due to the deteriorating economic climate in the country and continued fall in real incomes in 2016, the majority of Russians struggled to afford even the most basic products, including food. Watches are seen as non-necessity items and they were in many cases subsequently replaced by consumer electronics. Volume sales of watches fell by 14% to 3.1 billion units in 2016.
Euromonitor International's Watchesin Russia 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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