The Business Research Company’s Luxury Watch Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Luxury Watch Global Market Report 2023 evaluates luxury watch market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global luxury watch market size grew from $30.58 billion in 2022 to $34.17 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The luxury watch market size is expected to grow to $49.68 billion in 2027 at a CAGR of 9.8%.
The luxury watch market segments in the report are:
1) By Type: Digital Watch, Analog Watch
2) By Distribution Channel: Internet Retailing, Departmental Stores, Specialist Retailers, Exclusive Showrooms, Other Distribution Channel
3) By End User: Men, Women, Unisex
Get More Information On The Luxury Watch Market Report:
https://www.thebusinessresearchcompany.com/report/luxury-watch-global-market-report
The table of contents in TBRC’s luxury watch market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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