Pune, India -- (SBWire) -- 02/20/2019 --Watch is a small timepiece intended to be carried or worn by a person. It is designed to keep working despite the motions caused by the person's activities. A wristwatch is designed to be worn on a wrist, attached by a watch strap or other type of bracelet. At present, in the foreign industrial developed countries the wrist watch industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in Switzerland, Japan, etc. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies' manufacturing cost is relatively high, compared with Chinese companies, so the manufacturing cost has competitive disadvantage, as the Chinese wrist watch production enterprise technology continues to improve, their share in the international market will increase competitiveness.
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Chinese wrist watch industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international wrist watch largest manufacture country, in addition to middle and low wrist watch products, some leading companies have been able to provide some high-end wrist watch products, so they have already had a competitive edge in the international arena.
With the rapid growth of the national economy as well as the rapid development of downstream industries, Chinese wrist watch market demand is exuberant so it can provide a good opportunity for the development of wrist watch market and technology.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area and the future will still have more new investment entering the field.
Along with the development of Chinese domestic equipment, Chinese domestic equipment has been very mature and advanced, and the performance distance has been shortened compared with the imported equipment.
Although wrist watch brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Wrist Watch market was 47400 million US$ in 2018 and is expected to 72200 million US$ by the end of 2025, growing at a CAGR of 6.2% between 2019 and 2025.
This report studies the Wrist Watch market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Global Wrist Watch Industry 2019 Market Research Report is spread across 146 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
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Global Wrist Watch market competition by top manufacturers, with production, price, and revenue (value) and market share for each manufacturer; the top players including
- Swatch Group
- Rolex
- Richemont
- LVMH
- Fossil
- Citizen
- Seiko
- Patek Philippe
- Casio
- Chopard
- …..
The report also focuses on global major leading industry players of Global Wrist Watch market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Global Wrist Watch market development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.
With tables and figures helping analyze worldwide Global Wrist Watch market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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By the product type, the market is primarily split into
- Sport Watches
- Luxury Watches
- Diamond Watches
- Quartz Watches
- Mechanical Watches
- Water Resistant Watches
- Smartwatch
By the end users/application, this report covers the following segments
- Daliy Use
- Collection
- Others
Major Points from Table of Contents:
1 Global Wrist Watch Market Overview
2 Global Wrist Watch Market Competition by Manufacturers
3 Global Wrist Watch Production, Revenue (Value) by Region (2014-2019)
4 Global Wrist Watch Supply (Production), Consumption, Export, Import by Regions (2014-2019)
5 Global Wrist Watch Production, Revenue (Value), Price Trend by Type
6 Global Wrist Watch Market Analysis by Application
7 Global Wrist Watch Manufacturers Profiles/Analysis
8 Global Wrist Watch Market Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Wrist Watch Market Forecast (2019-2025)
13 Research Findings and Conclusion
14 Appendix
Author List
Disclosure Section
Research Methodology
Data Source
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Wrist Watch Market 2019 Global Industry Share, Size, Key Manufacturers, Growth Factors, Regional, and Competitive Landscape Forecast to 2025