Abstract, Snapshot, Market Analysis & Market Definition: Wrist Watch Market
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. . 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. In 2019, the market size of Wrist Watch is 50300 million US$ and it will reach 76630 million US$ in 2025, growing at a CAGR of 6.2% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Wrist Watch. This report studies the global market size of Wrist Watch, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Wrist Watch sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Wrist Watch Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Sport Watches
Luxury Watches
Diamond Watches
Quartz Watches
Mechanical Watches
Water Resistant Watches
Smartwatch
Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Daliy Use
Collection
Others
Key Players, Recent Developments & Sector Viewpoints: Wrist Watch Market
Swatch Group
Rolex
Richemont
LVMH
Fossil
Citizen
Seiko
Patek Philippe
Casio
Chopard
Audemars Piguet
Movado Group
Kering
Breitling
Franck Muller
Folli Follie
Festina
Morellato & Sector
Time Watch
Fiyta
Rossini
Ebohr
Sea-Gull
Rarone
Geya
Poscer
Golgen
Movebest
Polaris
Tianba
Key Insights Covered: Exhaustive Wrist Watch Market
1. Market size (sales, revenue and growth rate) of Wrist Watch industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Wrist Watch industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Wrist Watch industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Wrist Watch industry.
Research Methodology: Wrist Watch Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.