Profile image
Story Views

Last Hour:
Last 24 Hours:

Watch Market Growth, Trends, Driver, Challenge and Forecasts To 2022

Tuesday, February 14, 2017 3:46
% of readers think this story is Fact. Add your two cents.

Market Research analysts forecast the global watch market to grow at a CAGR of 7.87% during the period 2017-2021.

The the following companies as the key players in the global watch market: Fossil Group, LVMH, Richemont, Rolex, and The Swatch Group.

Other Prominent Vendors in the market are: Audemars Piguet, Burberry, Breitling, Casio, Chanel, Chopard, Citizen, Dolce & Gabbana, Giorgio Armani, Kate Spade, Kering, Patek Philippe, Timex, Titan, Seiko, Tiffany, Hermès, and Ralph Lauren.

Download Sample Report @

Commenting on the report, an analyst from Report’s team said: “The latest trend gaining momentum in the market is growing demand for sports watches. Increased adoption of a healthy lifestyle and participation in sporting activities have propelled the demand for sports watches. These watches are ideal for use during running, biking, hiking, and other outdoor activities. The built-in GPS allows the person to track distance, pace, calories burnt, and time. In addition to sports performance, these sports watches keep track of altitude, barometric pressure, and ambient temperature. The leading brands in sports watches are Casio, Garmin, Nike, Polar, Seiko, and Suunto.

According to the report, one of the major drivers for this market is internet retailing growth beneficial to watch market. The increased penetration of the internet and its access through personal computers, smartphones, and tablets have led to the growth in the popularity of online platforms as a potent option for buying products across categories, including watches. Time-strapped consumers today seek the convenience of all-day access and easy price and feature comparison that online shopping offers.

Further, the report states that one of the major factors hindering the growth of this market is counterfeit products. The global watch market continues to be affected by counterfeit products. With the growth of online retailing, replica watches have become easily available. These counterfeit watches have a significant impact on the genuine watch manufacturers as counterfeit watches make it difficult for original brands to build trust among consumers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Watch

The global watch market is categorized into quartz and mechanical. Mechanical watches can be further classified into automatic and hand wound, while quartz watches are classified into analog and digital. It has huge market potential due to increasing technological design innovations. Moreover, the current positioning of this product enables users to make a style statement. 

Complete Report Details @

Covered in this report 

The report covers the present scenario and the growth prospects of the global watch market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of watches to individual consumers.

The market is divided into the following segments based on geography: 

Global Watch Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
Fossil Group
The Swatch Group

Other prominent vendors 
Audemars Piguet
Dolce & Gabbana
Giorgio Armani
Kate Spade
Patek Philippe
Ralph Lauren

Market driver 
Internet retailing growth beneficial to watch market
For a full, detailed list, view our report 

Market challenge 
Counterfeit products
For a full, detailed list, view our report 

Market trend 
Growing demand for sports watches
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors? 

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.


Discount On This Report @

For more information, please visit

For more information content with us;

Sam Collins


Market Reports Center 1-646-883-3044 (US)





We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.