NJ New Jersey, USA -- (SBWIRE) -- 06/02/2023 -- Advance Market Analytics added research publication document on Worldwide Luxury Watch Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Luxury Watch market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2023 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are Rolex (United Kingdom), LVMH Group (France), Richemont (Switzerland), The Swatch Group Ltd (Switzerland), A. Lange & Sohne (Germany), Apple Inc. (United States), Bernard (United States), Fossil Group, Inc. (United States), Citizen Watch Co., Ltd. (Japan), Seiko Holdings Corporation (Japan), Casio Computer Co., Ltd. (Japan), Audemars Piguet (Switzerland).
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Watch is a timepiece designed to be worn on the wrist. The demand for luxury watches is expected to rise in the forecasted period. The demand has been observed that women are becoming more interested in upgrading their watches as compared to men. Emerging Fashion Trend Among the Millennials and use of luxury watches as a status symbol that is driving the market.
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Influencing Market Trend
- Shift In Trend From Conventional to Golden and Diamond Watches
- The Rise in Focus on Research and Development and Expanding Into New Market
Market Drivers
- Emerging Fashion Trend Among the Millennials
- Rapid Urbanization
- Use of Luxury Watches as A Status Symbol
Opportunities:
- Luxury E-commerce is Gaining Traction
Challenges:
- High Production Cost
Analysis by Type (Quartz Watch, Mechanical Watch), Watch Case Shape (Round, Square, Oval), Watch Display Type (Analogue, Analogue - Digital, Chronograph, Digital), Distribution Channel (Online, Offline), Watchband Material (Stainless Steel, Leather, Rubber, Gold Plated, Ceramic, Rose Gold, Plastic), End User (Men, Women)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
- % Market Share, Segment Revenue, Swot Analysis for each profiled company [Rolex (United Kingdom), LVMH Group (France), Richemont (Switzerland), The Swatch Group Ltd (Switzerland), A. Lange & Sohne (Germany), Apple Inc. (United States), Bernard (United States), Fossil Group, Inc. (United States), Citizen Watch Co., Ltd. (Japan), Seiko Holdings Corporation (Japan), Casio Computer Co., Ltd. (Japan), Audemars Piguet (Switzerland)]
- Business overview and Product/Service classification
- Product/Service Matrix [Players by Product/Service comparative analysis]
- Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
- Consumption, Capacity & Production by Players
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The regional analysis of Global Luxury Watch Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.
In 2015, Fossil, an American fashion designer and manufacturer acquired wearable maker, Misfit, for USD 260 million. With the acquisition of Misfit, the Fossil Group is uniquely positioned to lead the convergence of style and technology, to become the fashion gateway to the high-growth wearable technology and connected device markets.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/18742-global-luxury-watch-market#utm_source=SBwire/Rahul
Highlights of the Report
- The future prospects of the global Luxury Watch market during the forecast period 2023-2028 are given in the report.
- The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
- The emerging technologies that are driving the growth of the market are highlighted in the report.
- The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
- The report studies the leading manufacturers and other players entering the global Luxury Watch market.