January 6, 2017
Asia continues to be a key contributor to the watch market globally, accounting for 46% of the world’s watch sales. However, top watch and luxury goods market Hong Kong remains unstable in its position in the global watch industry. According to the Federation of the Swiss Watch Industry, Swiss watch exports to Hong Kong continue […]
July 12, 2016
Despite a sluggish Swedish economy the local watch market has flourished as watches grew by 7% CAGR at constant 2016 prices over the review period.
June 1, 2016
TimeCrafters 2016, America’s luxury watch show took place at Park Avenue Armory in New York City from 12-15 May 2016. This fourth annual event featured the best of 2016 collections, a watchmaking workshop, tours and panel sessions.
May 21, 2016
The Hong Kong watch market has been in decline due to a decrease in demand for high mechanical watches. Due to the higher unit price of high mechanical watches, they account for 68% of the market value of watches in Hong Kong. Source: Euromonitor International The watch market in Hong Kong is facing tough times […]
May 11, 2016
Sales of wearable electronics are projected to exceed 300 million units in 2020. With Apple Inc launching the Apple Watch in 2015, the wearable electronics market cemented its status as the hottest electronics device.
October 29, 2015
The watch market has undergone a change in recent years, successfully transforming from a necessity to a fashion item marked by social status and individuality. Smart watches, which have recently come into the market, will not yet make an impact in the market – especially on watches in the high-priced range. In fact, many traditional […]
October 2, 2014
Although smartwatches only started seeing increased retail activity in 2013, it has already become a crowded category as of September 2014. Pebble, Samsung, LG, Motorola and Apple are among the electronics players which have announced new smartwatches in 2014, while watch conglomerates Timex, Fossil and Swatch will join them in 2014 or 2015. However, current […]
August 23, 2014
Luggage, mid-priced watches and real jewellery will be the highest growing personal accessories categories in 2014, which positions companies such as Pandora, Samsonite and Chow Tai Fook for ongoing success in the coming years. Chinese jewellery manufacturer Chow Thai Fook will fair the best, with sales expected to cross the US$ 10 billion dollar mark […]
Euromonitor Research

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