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Global Watches and Clocks Industry

  • May 2016
  • -
  • Global Industry Analysts
  • -
  • 647 pages

This report analyzes the worldwide markets for Watches and Clocks in US$ Million by the following Product Segments: Watches (Mass (Under $50), Middle ($50-$299), Upper ($300 - $999), & Luxury ($1000 - $5000)), and Clocks. The Global market is further analyzed by the following Material Types Steel, Precious Metal, Bi-Metal, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 336 companies including many key and niche players such as -

 Apple, Inc.
Audemars Piguet
Breitling SA
Casio Computer Co., Ltd.
Chelsea Clock Company

Table Of Contents

Global Watches and Clocks Industry


I. INTRODUCTION, METHODOLOGY and PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1 Disclaimers.............. I-2 Data Interpretation and Reporting Level I-2 Quantitative Techniques and Analytics I-3 Product Definitions and Scope of Study I-3 Watch.............. I-3 Mass Market Watches..............I-4 Middle-Priced Watches..............I-4 Upper Priced Watches..............I-4 Luxury Watches.............. I-4 Clock.............. I-4

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW.............. II-1 The Global Watch Market: Primarily Driven by Growing Interest in Smartwatches and the Rise of Digital Media II-1 Time: An Important Requirement for Mankind Since Time Immemorial II-1 Table 1: Key Global Wrist Watch Production and Sales Statistics in a Nutshell: 2015..............II-4

Table 2: Global Watch Production by Type (2015E): Percentage Breakdown of Volume Production for Analog Quartz, Digital Quartz, and Mechanical (includes corresponding Graph/Chart) II-4 Global Watch Market Snapshots..............II-4 Traditional Revenue Contributors Make Way for Emerging Markets II-6 Table 3: Global Watches Market - Geographic Regions Ranked by CAGR (Value Sales) for 2015-2022: Asia-Pacific, Middle East and Africa, Latin America, Europe, USA, Canada, and Japan (includes corresponding Graph/Chart) II-8

Table 4: Global Clocks Market - Geographic Regions Ranked by CAGR (Value Sales) for 2015-2022: Asia-Pacific, Middle East and Africa, Latin America, USA, Canada, Europe and Japan (includes corresponding Graph/Chart) II-8 Ranking of the Leading Watch Exporting Nations in the World (Based on Volume Exports): 2015 II-9 Table 5: Global Watch Exports (2015): Breakdown of Value Exports by Top Five Countries (includes corresponding Graph/Chart).............. II-9

Table 6: Global Watch Exports (2015): Breakdown of Volume Exports by Top Five Countries (includes corresponding Graph/Chart).............. II-9

Table 7: Global Watch Imports (2015): Breakdown of Value Imports by Top Five Countries (includes corresponding Graph/Chart).............. II-10 Despite Challenges, Switzerland Continues to Reign Supreme in the Global Watch Market in Value Terms II-10 Table 8: Swiss Watch Exports (Value in CHF Billion): 2000, 2005, 2010 and 2015 (includes corresponding Graph/Chart) II-14 Table 9: Swiss Watch Exports by Country (2015E): Percentage Breakdown of Value Exports for China, France, Germany, Hong Kong, Italy, Japan, Singapore, UAE, UK, US, and Others (includes corresponding Graph/Chart) II-14 Classification of Swiss Luxury Watches II-15 Global Market Outlook..............II-15

2. COMPETITIVE LANDSCAPE..............II-19 Table 10: Leading Watch Manufacturers Worldwide (2015E): Market Share (in Terms of Value Sales) by Company (includes corresponding Graph/Chart)..............II-19 Top 10 Watch Brands Worldwide..............II-20 Rolex.............. II-20 Swatch.............. II-20 Omega.............. II-20 Fossil.............. II-20 Tag Heuer.............. II-20 Citizen.............. II-20 Gucci.............. II-20 Seiko.............. II-20 Casio.............. II-21 Timex.............. II-21 Ranking of the Top 10 Men's Watch Brands Worldwide II-21 Noteworthy Luxury Watch Launches of 2016 II-21 Slim d'Hermes 39.5 mm..............II-21 Carrera Heuer-02T Black Phantom II-21 Cabestan's Triple Axis Tourbillon II-22 Armin Strom's Tourbillon Skelton Earth II-22 Okletey's Merry Go Round..............II-22 Haldimann's H1 Flying Central Tourbillon II-22 L. Leroy's Automatic Tourbillon Regulator II-22 Cumbere Tourbillon by ArtyA..............II-23 Speake-Marin's The Diamond Magister Son II-23 Bulgari's Octo Ultranero Finissimo II-23 Arnold and Son's Constant Force Tourbillon II-23 Gronefeld's 1941 Remontoire..............II-23 Girard-Perregaux' La Esmeralda Tourbillon II-23 Oris' Carl Brashear..............II-23 Linde Werdelin's Oktopus Moon Gold II-24 Ulysse Nardin's Royal Python Skeleton II-24 Chanel's Les Eternelles Morganite II-24 Breguet's Classique Phase de Lune Dame 9088 II-24 U10 Tourbillon Lumiere from Angelus II-24 Visionnaire DTZ by Faberge..............II-24 Piaget's Black Tie Hybrid..............II-25 Officine Panerai's Magnifying Spheres II-25 Montblanc's Timewalker Exotourbillon Minute Chronograph II-25 Richard Mille's RM 67-01 Automatic Extra Flat II-25 H.Moser and Cie's Endeavour Small Seconds Bryan Ferry II-26 MBandF's Legacy Machine Perpetual II-26 Jaeger-LeCoultre's Geophysic® Universal Time II-26 Parmigiani Fleurier's Tonda Metrographe II-26 Audemars Piguet's Royal Oak Perpetual Calendar II-26 Vacheron Constantin's Heures Creatives II-27 Van Cleef and Arpels Lady Arpels Ronde Des Papillons II-27 Montre Cle De Cartier Squelette Automatique II-27 Urwerk's EMC Pistol..............II-27 Luxury Watch Makers to Enhance Reach and Visibility in the Chinese Market.............. II-27 The Inevitable Need for Luxury Watch Brands to Embrace Social Media.............. II-29 Traditional Watch Makers Continue to Strategize to Keep Pace with Smartwatches..............II-31 Design Copying: A Rising Threat for Traditional Watch Companies II-32 High-end Swiss Watch Brands Embrace e-Commerce II-32 Smartwatches: Apple Emerges as the Market Leader Leaving Samsung Way Behind.............. II-34 Despite Leading the Android Ecosystem, Samsung Face Tough Competition from Apple..............II-34 Table 11: Leading Players in the Global Smartwatches Market (Q3 2015 and Q3 2014): Percentage Breakdown of Shipments for Apple, Samsung and Others (includes corresponding Graph/Chart).............. II-35 Leading Smartwatch Models Worldwide (2015): Brief Details of Model, Manufacturer, and Key Features and Specifications II-36 Select Leading Smartwatches of 2015 II-36 Apple Watch.............. II-36 Moto 360.............. II-36 LG G Watch R.............. II-37 Gear Live.............. II-37 Garmin Vivoactive..............II-37 Fitbit Surge.............. II-38 Martian Notifier.............. II-38 Guess Connect.............. II-38 Smart watch 3.............. II-38 Pebble Time.............. II-39 Pebble Steel.............. II-39 LG Watch Urbane.............. II-39 Asus ZenWatch.............. II-39 Kairos Hybrid Mechanical Smart Watch II-39 Withings Activite..............II-40 Montblanc Timewalker with E-Strap II-40 Alcatel OneTouch.............. II-40 Sony SmartWatch 3 SWR50..............II-40 Kronoz ZeWatch2.............. II-40 MOTA SmartWatch G2.............. II-40

3. MARKET TRENDS, DRIVERS AND ISSUES II-41 Increasing Demand for Luxury Watches: A Strong Growth Driver for the Global Watch Market..............II-41 Luxury Watches Increasingly Feature Smarter Upgrades II-41 Noteworthy Luxury Smartwatch Brands/Models II-42 Pre-owned Luxury Watches Witness Robust Demand Worldwide II-44 Destocking Luxury Watches through Alternative Channels: A New and Booming Business..............II-46 BRIC Nations to Drive Demand Growth for Luxury Watches II-48 Expanding Luxury Goods Market Bodes Well for Luxury Watch Sales II-48 Luxury Brands Differentiate Even in Digital Transition Efforts II-49 Millennials Seek an Enriching Experience when Buying Luxury Goods.............. II-50 Mobile e-Commerce becomes Mainstream in Luxury Goods Shopping II-50 Table 12: Luxury Goods Sales (Billion Euros) Worldwide: 2010 to 2015E (includes corresponding Graph/Chart) II-52

Table 13: Leading 10 Countries in Terms of Luxury Good Sales (2015E): Value Sales (Billion Euros) by Country (includes corresponding Graph/Chart) II-52

Table 14: Global Luxury Goods Retailing (2015E): Percentage Share Breakdown of Value Sales by Product Category (includes corresponding Graph/Chart) II-53 Rising Popularity of Intelligent Wrist Wear for Today's Digital, Connected and Mobile Individual Drives Robust Demand for Smartwatches..............II-53 Table 15: Global Market for Smartwatches: Volume Sales in Million Units for 2014, 2016, 2018, and 2020 (includes corresponding Graph/Chart)..............II-57

Table 16: Global Market for Wearable Technology by End-Use Sector (2015 and 2018E): Percentage Breakdown for Consumer (Fitness/Infotainment), Enterprise and Industrial, Medical, and Others (includes corresponding Graph/Chart) II-57 Growth Drivers in a Nutshell..............II-58 Key Challenges.............. II-58 US and China Dominate Smartwatch Manufacturing II-58 Quartz Watches Continue to Gain Market Share from Mechanical Watches.............. II-59 Table 17: World Recent Past, Current and Future Analysis for Watches by Type - Mechanical Watches and Quartz Watches Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart).............. II-60

Table 18: World Historic Review for Watches by Type - Mechanical Watches and Quartz Watches Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-61

Table 19: World 14-Year Perspective for Watches by Type - Mechanical Watches and Quartz Watches Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-62 Sports Watches: A Niche Segment Thriving on the Growing Prominence of Fitness..............II-62 Table 20: Projected Global Shipments (in Million Units) of Sports Watches: 2015E, 2016P, 2017P, and 2018P (includes corresponding Graph/Chart)..............II-63 Vintage Watches: A Lucrative Market with Huge Market Potential II-63 Collectible Watches and the Perpetual Threat of Counterfeiting II-64 Multiple Advantages Offered for Designers in Creating Prototypes Promotes Demand for 3D Printing in Watchmaking II-65 Mobile Technology: A Game Changer in Watch Retailing II-66 Favourable Demographic and Economic Trends Strengthens Market Prospects.............. II-66 Table 21: World Population by Geographic Region (2000-2050) (in Millions) (includes corresponding Graph/Chart) II-67

Table 22: Top 20 Countries Worldwide in Terms of Population in ‘000s for 2010 and 2015 (includes corresponding Graph/Chart).............. II-68 India and China Offer Lucrative Market Expansion Opportunities II-69 Table 23: The Rise of Millionaires and Super-rich in China: Number of Individuals for the Years 2010 to 2015 (includes corresponding Graph/Chart)..............II-69

Table 24: Ten Largest Populated Countries Worldwide (July 2015): Total Population (in Millions) by Age Group 0-14 Years, 15-59 Years, 60+ Years for China, India, USA, Indonesia, Brazil, Pakistan, Nigeria, Bangladesh, Russia and Mexico (includes corresponding Graph/Chart) II-70

Table 25: Ten Largest Populated Countries Worldwide (July 2015): Percentage Population by Age Group 0-14 Years, 15-59 Years, 60+ Years for China, India, USA, Indonesia, Brazil, Pakistan, Nigeria, Bangladesh, Russia and Mexico (includes corresponding Graph/Chart)..............II-71 Urbanization Trend Boosts Market Prospects for Middle, Upper, and Luxury-End Watches..............II-72 Table 26: World Urban Population in Thousands: 1950-2050P (includes corresponding Graph/Chart) II-72

Table 27: Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1990, 2014 and 2050 (includes corresponding Graph/Chart) II-73

Table 28: Percentage of Urban Population in Select Countries for 2014 and 2050 (includes corresponding Graph/Chart) II-74 Increasing Standards of Living: A Key Growth Driver II-74 Table 29: World Middle Class Population (2012 and 2030P): Percentage Share Breakdown by Region - North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa (includes corresponding Graph/Chart) II-75 Developing Countries Continue to Turbo Charge Current and Future Market Growth..............II-75 Luxury Goods Market Performance in Asia in 2015: An Important Opportunity Indicator for Luxury Watches II-77 Table 30: Middle-Class Consumer Spending Across Developed and Developing Regions (2013E and 2030F): Percentage Breakdown by Region (includes corresponding Graph/Chart) II-77

4. INNOVATIONS AND ADVANCEMENTS..............II-78 2016: Wristwatch Innovations by Leading Players II-78 Bridgeport Automatic Chronograph Collection from Tissot Watches II-78 Omega Speedmaster White Side of the Moon II-79 Breguet Tradition Collection - 7087 Minute Repeater Tourbillion Watch.............. II-80 2015: Wristwatch Innovations by Leading Players II-81 Aquaracer 300M Collection of Ceramic Bezel Watches by Tag Heuer II-81 McQueen, a Monaco Calibre 11 Hands-on Watch by Tag Heuer II-82 Cellini Time, a Diamond Set Bezel Watch by Rolex II-83 Mauron Musy Produces Water Resistant Watch Models II-84 Panerai Firenze.............. II-85 Montblanc Orbis Terrarum..............II-85 Piaget Black Tie.............. II-85 Ralph Lauren Automotive Skeleton II-85 Roger Dubuis Excalibur Automatic Skeleton II-86 Vacheron Constantin Harmony Monopusher Pulsimeter Chronograph II-86 Audemars Piguet Royal Oak Concept II-86 Parmigiani Bugatti Victoire..............II-86 Cartier Rotond De Cartier..............II-86 Lange and Söhne Saxonia Dual Time II-86 Jaeger Le-Coultre Rendez-Vous Moon II-87 Baume and Mercier Clifton..............II-87 Other Recent Noteworthy Watch Innovations and Advancements by Leading Players.............. II-87 Audemars Piguet.............. II-87 Jaeger-LeCoultre.............. II-87 Montblanc.............. II-87 Ralph Lauren.............. II-88 Vacheron Constantin..............II-88 Luxury Watch Innovations: A Never Ending Saga II-88 Select Innovative Luxury Watches of 2015 and 2014 II-88 A.Lange and Söhne's Saxonia Collection II-88 Montblanc Heritage Spirit Orbis Terrarum II-89 The New Van Cleef and Arpels Cadenas II-89 IWC Portugieser Annual Calendar Watch II-89 Parmigiani Fleurier Tonda 1950 Squelette II-89 Piaget Black Tie ‘Traditional Oval' and Vintage Inspiration' II-90 Ralph Lauren Automotive Chronograph II-90 Roger Dubuis Excalibur Spider Skeleton Flying Tourbillon II-90 Richard Mille RM 33-01 Automatic II-90 Greubel Forsey Black GMT..............II-90 Luxury Watches Embrace Digital and Dual Display Designs II-91 Smartwatch Innovations and Advancements: Spearheading Growth II-92 Pebble Time Round: Thinnest and Lightest Smartwatch II-92 Lenovo's Magic View: A Big Screen Smartwatch II-93 Smile: Mood Reading Smartwatch..............II-93 Ironman's Timex Sport: For Intense Sporting Activity II-93 Garmin's Forerunner 920XT: Smartwatch for Triathlon Events II-93 Magellan Echo Fit: Sports Watch for Fitness Enthusiasts II-94 Artemis' Smartwatch for Prompt Emergency Medical Care II-94 The Withings Activite Pop: Smartwatch with Extended Battery Life II-94 Garmin's GLONASS and GPS Enabled Smartwatch II-95 Adidas MiCoach Smart Run..............II-95 Wake-Up Innovations: Few of the Most Effective and Creative Alarm Clocks.............. II-95

5. PRODUCT OVERVIEW.............. II-99 Clock.............. II-99 Watches.............. II-99 Classification by Function..............II-99 Classification by Price..............II-99 Mass Market Watches..............II-99 Middle Priced Watches..............II-100 Upper Priced Watches..............II-100 Luxury Watches.............. II-100 Jewelry.............. II-100 Sport.............. II-100 Lifestyle.............. II-101 Fashion.............. II-101 Connoisseurs.............. II-101 Channels of Distribution..............II-101 Branding in the Watches Market II-102 Retail Chains.............. II-102

6. PRODUCT INTRODUCTIONS/INNOVATIONS II-103 Caliber 8X22 Launched by Seiko II-103 The Black Ceramic Limited Edition from Grand Seiko II-103 Two Special Edition Watches from Seiko in Collaboration with PADI II-103 Fossil Group Plan to Launch More than 100 Wearable Products II-103 Tag Heuer Launches the 2016 Aquaracer Model II-103 Carrera HEUER-01, the signature Chrono model from the TAG Heuer II-103 TAG Heuer Launches the Exclusive Collection of the “TAG Heuer Connected” Watch.............. II-103 WSD-F10 Smart Outdoor Watch, an Android Wear Wrist Device, from Casio.............. II-104 Serpenti Incantati Watch from Bulgari II-104 TAG Heuer, Intel Corporation and Google Release a Connected Watch II-104 Motorola Unveils Second Generation Moto 360 Smart Watch II-104 Samsung Rolls Out New Gear S2 Smartwatch II-104 Apple Launches Apple Watch..............II-104 Junghans Releases the New Radio-Controlled and Solar-Powered Watch Spektrum.............. II-104 Bulgari to Launch the NFC-enabled Diagono Magnesium Watch II-105 James Bond Limited Edition Version of the Seamaster 300m Co- Axial by Omega.............. II-105 TAG Heuer Introduces TAG Heuer Formula 1 Calibre 16 II-105 Caliber 8X82, Seiko's Astron GPS Solar Chronograph Limited Edition.............. II-105 Two New Max Bill Automatic Models from Junghans II-105 TIMEX® IRONMAN® ONE GPS+ from Timex with Stand-Alone Connectivity II-105 Seiko Introduces “Melodies in Motion”, a New Assortment of Wall Clocks.............. II-105 Samsung Launches New Gear 2 and Gear 2 Neo Smartwatches II-106 Twelve24™ Launches E Ink-based ClockONE™, an Ultrathin Clock Model.............. II-106 Pandora Launches Musical Alarm Clock for Android II-106 Hublot Launches Pop Art Series of Ladies Watches under Bing Bang Collection.............. II-106 Richard Mille Launches New Gold Metal Strap and Ladies Watch Collection.............. II-106 Kenneth Cole With Geneva Watch Group Rolls Out Summer/Spring 2014 Watch Line.............. II-106

7. RECENT INDUSTRY ACTIVITY..............II-107 Fossil Group to Acquire Wearable Technology Company Misfit II-107 Michael Kors Holdings Limited and Fossil Group Renew Global Licensing Agreement..............II-107 Fossil Group and Intel Collaborate to Develop Wearables II-107 Fossil Group and Giorgio Armani Extend Watch Licensing Agreement II-107

8. FOCUS ON SELECT GLOBAL PLAYERS..............II-108 Apple, Inc. (US).............. II-108 Audemars Piguet (Switzerland)..............II-108 Breitling SA (Switzerland)..............II-108 Casio Computer Co., Ltd. (Japan) II-108 Chelsea Clock Company (US)..............II-109 Chopard (Switzerland)..............II-109 Citizen Holdings Co., Ltd. (Japan) II-110 Bulova (US).............. II-110 Citychamp Watch and Jewellery Group Limited (Cayman Islands) II-110 Compagnie Financiere Richemont International (Switzerland) II-111 Cartier SA (France)..............II-111 Fossil, Inc. (US).............. II-111 Frederique Constant S.A. (Switzerland) II-111 Garmin Ltd. (Switzerland)..............II-112 Google, Inc. (US).............. II-112 Hermes International S.A. (France) II-113 Howard Miller (US)..............II-113 Hindustan Machine Tools (India)..............II-114 Junghans Uhren GmbH (Germany)..............II-114 Kering (France).............. II-114 Gucci Group (US).............. II-114 LVMH Moet Hennessy Louis Vuitton SA (France) II-115 Bulgari (Italy).............. II-115 Tag Heuer International SA (Switzerland) II-115 Montblanc North America, LLC (US) II-116 Movado Group, Inc. (US)..............II-116 Patek Philippe SA (Switzerland)..............II-116 Pebble Technology Corporation (US) II-116 Rhythm Watch Co., Ltd. (Japan) II-117 Rolex SA (Switzerland)..............II-117 Samsung Electronics Co., Ltd. (South Korea) II-117 Seiko Holdings Corporation (Japan) II-118 The Swatch Group Ltd. (Switzerland) II-118 Tissot S.A. (Switzerland)..............II-118 Timex Group USA, Inc. (US)..............II-119 Timex Group India Ltd. (India)..............II-119 Titan Industries Ltd. (India)..............II-119 Withings SAS (France)..............II-120

9. GLOBAL MARKET PERSPECTIVE..............II-121 Table 31: World Recent Past, Current and Future Analysis for Watches by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)..............II-121

Table 32: World Historic Review for Watches by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-122

Table 33: World 14-Year Perspective for Watches by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-123

Table 34: World Recent Past, Current and Future Analysis for Clocks by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)..............II-124

Table 35: World Historic Review for Clocks by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-125

Table 36: World 14-Year Perspective for Clocks by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-126 Watches Market by Material..............II-127 Table 37: World Recent Past, Current and Future Analysis for Watches by Material - Steel, Precious Metal, Bi-Metal, and Others Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart).............. II-127

Table 38: World Historic Review for Watches by Material - Steel, Precious Metal, Bi-Metal, and Others Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-128

Table 39: World 14-Year Perspective for Watches by Material - Steel, Precious Metal, Bi-Metal, and Others Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) II-129 Watches Market by Product Segment II-130 Table 40: World Recent Past, Current and Future Analysis for Mass-Priced Watches (Priced under $50) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-130

Table 41: World Historic Review for Mass-Priced Watches (Priced under $50) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-131

Table 42: World 14-Year Perspective for Mass-Priced Watches (Priced under $50) by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. II-132

Table 43: World Recent Past, Current and Future Analysis for Middle-Priced Watches (Priced between $50-$299) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-133

Table 44: World Historic Review for Middle-Priced Watches (Priced between $50-$299) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-134

Table 45: World 14-Year Perspective for Middle-Priced Watches (Priced between $50-$299) by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............II-135

Table 46: World Recent Past, Current and Future Analysis for Upper-Priced Watches (Priced between $300-$999) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-136

Table 47: World Historic Review for Upper-Priced Watches (Priced between $300-$999) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) II-137

Table 48: World 14-Year Perspective for Upper-Priced Watches (Priced between $300-$999) by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............II-138

Table 49: World Recent Past, Current and Future Analysis for Luxury Watches (Priced $1000 - $5000) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-139

Table 50: World Historic Review for Luxury Watches (Priced $1000 - $5000) by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-140

Table 51: World 14-Year Perspective for Luxury Watches (Priced $1000 - $5000) by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East and Africa, and Latin America Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart).............. II-141

III. MARKET

1. THE UNITED STATES.............. III-1 A.Market Analysis.............. III-1 Outlook.............. III-1 Strong Gains by Quartz Analog and Mechanical Watches Sustain Market Growth in the US..............III-1 Fine Jewelry and Watch Market Continues to Exhibit Positive Growth in the US.............. III-1 Growing Prominence of E-Commerce and Company-owned Retail Benefit Luxury Watch Sales..............III-2 Bigger-Sized Watches Enjoy Rising Popularity in the US III-3 Table 52: Leading Watch Companies in North America (2015E): Percentage Share Breakdown of Value Sales by Company for Timex, Seiko, Casio, and Others (includes corresponding Graph/Chart).............. III-4 Major US Watch Purchasing Trends III-4 Distribution Channels:..............III-5 Table 53: North American Sports Watch Market by Distribution Channel (2015E): Percentage Share Breakdown of Value Sales for Department/National Chain Stores, Mass Merchandisers, Specialty Stores, and Others (includes corresponding Graph/Chart)..............III-5

Table 54: US Clocks Market by Distribution Channel (2015E): Percentage Share Breakdown of Value Sales for Mass Merchants, Specialty Stores, and Others (includes corresponding Graph/Chart)..............III-6 Trade Statistics..............III-6 Table 55: US Exports of Clocks, Watches, and Parts (2015) - Percentage Share Breakdown of Value Exports by Top Ten Destination Countries (includes corresponding Graph/Chart) III-6

Table 56: US Imports of Clocks, Watches, and Parts (2015) - Percentage Share Breakdown of Value Imports by Top Ten Countries of Origin (includes corresponding Graph/Chart) III-7 Product Launches..............III-7 Stratetic Corporate Developments III-8 Select Key Players..............III-9 B.Market Analytics..............III-13 Table 57: US Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-13

Table 58: US Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-14

Table 59: US 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-15

Table 60: US Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-16

Table 61: US Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-17

2. CANADA.............. III-18 A.Market Analysis.............. III-18 Market Overview.............. III-18 Growing Demand for Luxury Watches Support Market Growth in Canada.............. III-18 Trade Statistics..............III-19 Table 62: Canadian Exports of Clocks, Watches, and Parts (2015) - Percentage Share Breakdown of Value Exports by Top Ten Destination Countries (includes corresponding Graph/Chart).............. III-19

Table 63: Canadian Imports of Clocks, Watches, and Parts (2015) - Percentage Share Breakdown of Value Imports by Top Ten Countries of Origin (includes corresponding Graph/Chart).............. III-19 Corporate Development..............III-20 B.Market Analytics..............III-20 Table 64: Canadian Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-20

Table 65: Canadian Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-21

Table 66: Canadian 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-22

Table 67: Canadian Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-23

Table 68: Canadian Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-24

3. JAPAN.............. III-25 A.Market Analysis.............. III-25 Market Overview.............. III-25 Steady Tourist Demand Provides Notable Impetus to Watch Sales III-25 Table 69: Japanese Watch Market by Product Type (2015E): Percentage Breakdown of Volume Production for Quartz (Analog), Quartz (Digital), and Mechanical (includes corresponding Graph/Chart)..............III-26 Market Snippets.............. III-26 Casio, Citizen and Seiko: The Japanese Watch Trio III-26 List of Major Swiss Watch Brands in Japan III-27 Product Launches..............III-28 Select Key Players..............III-28 B.Market Analytics..............III-30 Table 70: Japanese Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-30

Table 71: Japanese Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-31

Table 72: Japanese 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-32

Table 73: Japanese Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-33

Table 74: Japanese Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-34

4. EUROPE.............. III-35 A.Market Analysis.............. III-35 Outlook.............. III-35 Ranking of the Twenty Most Popular Watch Brands in Europe III-35 B.Market Analytics..............III-36 Table 75: European Recent Past, Current and Future Analysis for Watches by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-36

Table 76: European Historic Review for Watches by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-37

Table 77: European 14-Year Perspective for Watches by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-38

Table 78: European Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-39

Table 79: European Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-40

Table 80: European 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-41

Table 81: European Recent Past, Current and Future Analysis for Clocks by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-42

Table 82: European Historic Review for Clocks by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-43

Table 83: European 14-Year Perspective for Clocks by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart)..............III-44

4a. FRANCE.............. III-45 A.Market Analysis.............. III-45 Market Overview.............. III-45 Smartwatches Revive Consumer Interest in Traditional Watches, Bodes Well for the Market III-45 Select Key Players..............III-46 B.Market Analytics..............III-48 Table 84: French Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-48

Table 85: French Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-49

Table 86: French 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-50

Table 87: French Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-51

Table 88: French Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-52

4b. GERMANY.............. III-53 A.Market Analysis.............. III-53 Market Overview.............. III-53 Despite Competition from Smartwatches, Traditional Watches Continue to Sustain Sales Growth III-53 Product Launch.............. III-54 Junghans Uhren GmbH - A Major Germany- Based Company III-54 B.Market Analytics..............III-55 Table 89: German Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-55

Table 90: German Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-56

Table 91: German 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-57

Table 92: German Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-58

Table 93: German Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-59

4c. ITALY.............. III-60 A.Market Analysis.............. III-60 Market Overview.............. III-60 Rising Demand for Basic and Mid-Range Categories Support Market Growth.............. III-60 Product Launches..............III-61 Bulgari - A Major Italy-Based Company III-61 B.Market Analytics..............III-62 Table 94: Italian Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-62

Table 95: Italian Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-63

Table 96: Italian 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-64

Table 97: Italian Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-65

Table 98: Italian Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-66

4d. THE UNITED KINGDOM..............III-67 A.Market Analysis.............. III-67 Outlook.............. III-67 UK Watch Manufacturing and Repair Market: An Overview III-67 Despite Positive Growth, Watch Manufacturers Continue to Experience Challenging Times..............III-67 UK Emerge as an Important Market for Luxury Watches III-68 Opportunities Galore for Brokers III-69 B.Market Analytics..............III-70 Table 99: UK Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-70

Table 100: UK Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014(includes corresponding Graph/Chart) III-71

Table 101: UK 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-72

Table 102: UK Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-73

Table 103: UK Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............III-74

4e. SPAIN.............. III-75 A.Market Analysis.............. III-75 Market Overview.............. III-75 Economic Recovery to Propel Demand for Watches III-75 B.Market Analytics..............III-76 Table 104: Spanish Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-76

Table 105: Spanish Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-77

Table 106: Spanish 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-78

Table 107: Spanish Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-79

Table 108: Spanish Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-80

4f. RUSSIA.............. III-81 A.Market Analysis.............. III-81 Market Overview.............. III-81 Watches Market to Post Moderate Gains Post-2017 through 2022 III-81 Swatch Group Retains Leading Position III-81 B.Market Analytics..............III-82 Table 109: Russian Recent Past, Current and Future Analysis for Watches by Category - Mass- Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-82

Table 110: Russian Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-83

Table 111: Russian 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-84

Table 112: Russian Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-85

Table 113: Russian Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-86

4g. REST OF EUROPE.............. III-87 A.Market Analysis.............. III-87 Outlook.............. III-87 Select Regional Markets..............III-87 Sweden: Emergence of Smartwatch Category Threaten Traditional Watch Sales..............III-87 The Netherlands: Increasing Spending on Luxury Watches to Drive Value Growth..............III-87 Poland.............. III-88 Romania.............. III-88 Switzerland: The Global Hub for Luxury Watches III-88 Table 114: Swiss Watch Exports (Value in CHF Billion): 2000, 2005, 2010 and 2015 (includes corresponding Graph/Chart).............. III-92 Brief Description of Globally Popular Swiss Watch Brands III-93 Classification of Swiss Luxury Watches III-94 Switzerland Faces Severe Shortage of Skilled Craftsmen III-94 Hong Kong: The Leading Export Market for Swiss Watches III-95 Table 115: Swiss Watch Exports by Country (2015E): Percentage Breakdown of Value Exports for China, France, Germany, Hong Kong, Italy, Japan, Singapore, UAE, UK, US, and Others (includes corresponding Graph/Chart) III-95

Table 116: Comparison of Luxury Taxes in Major Asian Markets.............. III-95 Swiss Watch Industry Comes Up with Initiatives to Counter Fake Products.............. III-96 Turkey.............. III-96 Ukraine.............. III-96 Product Launches..............III-97 Select Key Players..............III-98 B.Market Analytics..............III-102 Table 117: Rest of Europe Recent Past, Current and Future Analysis for Watches by Category - Mass- Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-102

Table 118: Rest of Europe Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-103

Table 119: Rest of Europe 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-104

Table 120: Rest of Europe Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart).............. III-105

Table 121: Rest of Europe Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-106

5. ASIA-PACIFIC.............. III-107 A.Market Analysis.............. III-107 Outlook.............. III-107 Luxury Goods Market Performance in Asia in 2015: An Important Opportunity Indicator for Luxury Watches III-107 Developing Asian Countries Drive Future Market Growth III-107 Table 122: Global Watches Market - Geographic Regions Ranked by CAGR (Value Sales) for 2015-2022: Asia-Pacific, Middle East and Africa, Latin America, Europe, USA, Canada, and Japan (includes corresponding Graph/Chart) III-109

Table 123: Global Clocks Market - Geographic Regions Ranked by CAGR (Value Sales) for 2015-2022: Asia-Pacific, Middle East and Africa, Latin America, USA, Canada, Europe and Japan (includes corresponding Graph/Chart) III-109

Table 124: Middle-Class Consumer Spending Across Developed and Developing Regions (2013E and 2030F): Percentage Breakdown by Region (includes corresponding Graph/Chart) III-110 India and China Offer Lucrative Market Expansion Opportunities III-110 Table 125: The Rise of Millionaires and Super-rich in China: Number of Individuals for the Years 2010 to 2015 (includes corresponding Graph/Chart) III-111

Table 126: Ten Largest Populated Countries Worldwide (July 2015): Total Population (in Millions) by Age Group 0-14 Years, 15-59 Years, 60+ Years for China, India, USA, Indonesia, Brazil, Pakistan, Nigeria, Bangladesh, Russia and Mexico (includes corresponding Graph/Chart) III-112

Table 127: Ten Largest Populated Countries Worldwide (July 2015): Percentage Population by Age Group 0-14 Years, 15-59 Years, 60+ Years for China, India, USA, Indonesia, Brazil, Pakistan, Nigeria, Bangladesh, Russia and Mexico (includes corresponding Graph/Chart) III-113 B.Market Analytics..............III-114 Table 128: Asia-Pacific Recent Past, Current and Future Analysis for Watches by Geographic Region - China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-114

Table 129: Asia-Pacific Historic Review for Watches by Geographic Region - China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart).............. III-115

Table 130: Asia-Pacific 14-Year Perspective for Watches by Geographic Region - Percentage Breakdown of Dollar Sales for China, India, and Rest of Asia-Pacific Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-116

Table 131: Asia-Pacific Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-117

Table 132: Asia-Pacific Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-118

Table 133: Asia-Pacific 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-119

Table 134: Asia-Pacific Recent Past, Current and Future Analysis for Clocks by Geographic Region - China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-120

Table 135: Asia-Pacific Historic Review for Clocks by Geographic Region - China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart).............. III-121

Table 136: Asia-Pacific 14-Year Perspective for Clocks by Geographic Region - Percentage Breakdown of Dollar Sales for China, India, and Rest of Asia-Pacific Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-122

5a. CHINA.............. III-123 A.Market Analysis.............. III-123 Market Overview.............. III-123 Chinese Watch Market Snapshots III-123 Market Trends and Drivers..............III-124 Despite Economic Slowdown, Luxury Watches to Register Healthy Growth in Demand..............III-125 Table 137: The Rise of Millionaires and Super-rich in China: Number of Individuals for the Years 2010 to 2015 (includes corresponding Graph/Chart) III-126

Table 138: Luxury Goods Sales (Billion Euros) in China: 2010 to 2015E (includes corresponding Graph/Chart) III-126

Table 139: Luxury Goods Market in China by Product Category (2015E): Percentage Breakdown of Value Sales for Personal Care Products, Jewelry, Leather Goods, Mens Wear, Watches, and Others (includes corresponding Graph/Chart) III-127 Consumer Behavior and Purchasing Patterns in China III-127 Major Factors and Trends Influencing the Luxury Goods Market in China.............. III-128 Increasing Disposable Incomes III-128 Growing Demand in Smaller Cities III-128 Post-90s Generation: A Major Driver of Luxury Products III-128 Popularity of Affordable Luxury Goods III-129 Increasing Sophistication of Luxury Consumers III-129 Popularity of Haitao and Establishment of Free Trade Zones III-129 Touristic Spending..............III-129 Primary Strategies Adopted by Luxury Retailers III-130 Adjusting Prices..............III-130 Building Up Online Presence and Leveraging Social Platforms III-130 Buying Back Franchises..............III-130 Incorporation of Traditional Elements to Attract Consumers III-130 Creating Engaging In-Store Experiences III-130 Higher Focus on Travelling Chinese III-131 Increasing Demand for Swiss Luxury Watches in China III-131 Table 140: Chief Reasons for Purchase of Luxury Watches in China(includes corresponding Graph/Chart) III-131

Table 141: Purchase Points for Luxury Watches in China (includes corresponding Graph/Chart) III-132 China, along with the US, Dominate Smartwatch Manufacturing III-132 Demand for Mid-Priced Watches Soar in China III-132 Competitive Landscape..............III-133 Entry Barriers Low for the Chinese Watch Industry III-134 Distribution Channels..............III-134 B.Market Analytics..............III-136 Table 142: Chinese Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-136

Table 143: Chinese Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-137

Table 144: Chinese 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-138

Table 145: Chinese Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-139

Table 146: Chinese Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-140

5b. INDIA.............. III-141 A.Market Analysis.............. III-141 Market Snippets.............. III-141 India: A Potential Laden Market for Watches and Clocks III-141 Wall Clock Manufacturers Offer Customized Wall Clocks to Counter Competition from Electronic Gadgets III-142 Popular Watch Brands in India..............III-143 Titan.............. III-143 Fastrack.............. III-143 Sonata.............. III-143 Timex.............. III-143 Swatch.............. III-144 Omega.............. III-144 Rolex.............. III-144 Maxima.............. III-144 Casio.............. III-144 Citizen.............. III-144 Luxury Watches Witness Immense Popularity among Indians III-144 LVMH Targets the Indian Market III-146 Watch Manufacturers Eye the Vast Potential Offered by Rural India.............. III-146 Select Key Players..............III-147 B.Market Analytics..............III-149 Table 147: Indian Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-149

Table 148: Indian Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-150

Table 149: Indian 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-151

Table 150: Indian Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) III-152

Table 151: Indian Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-153

5c. REST OF ASIA-PACIFIC..............III-154 A.Market Analysis.............. III-154 Overview of Select Markets..............III-154 Australia.............. III-154 Apple's Entry Changes Competitive Landscape in the Australian Watch Market..............III-154 Hong Kong.............. III-155 Market Snippets.............. III-155 Market Overview.............. III-155 Sales of Watches Slated to Slowdown in the Near Term III-156 Active Efforts by Manufacturers to Ensure Quality and Boost Sales.............. III-156 Impact of CEPA Provisions..............III-157 Key Directives for Watch Makers III-157 Alloys, Titanium, Ceramic, and Other Materials Witness Increasing Popularity..............III-158 Distribution Landscape..............III-158 Indonesia.............. III-159 Singapore.............. III-159 South Korea: High Demand for Mechanical Models to Drive Watches Sales.............. III-159 Philippines.............. III-160 Thailand.............. III-160 Product Launches..............III-160 Select Key Players..............III-161 B.Market Analytics..............III-162 Table 152: Rest of Asia-Pacific Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)..............III-162

Table 153: Rest of Asia-Pacific Historic Review for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets Independently Analyzed with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-163

Table 154: Rest of Asia-Pacific 14-Year Perspective for Watches by Category - Percentage Breakdown of Dollar Sales for Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) Markets for Years 2009, 2016 and 2022 (includes corresponding Graph/Chart) III-164

Table 155: Rest of Asia-Pacific Recent Past, Current and Future Analysis for Clocks Market with Annual Sales in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart).............. III-165

Table 156: Rest of Asia-Pacific Historic Review for Clocks Market with Annual Sales in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) III-166

6. THE MIDDLE EAST and AFRICA..............III-167 A.Market Analysis.............. III-167 Outlook.............. III-167 UAE: One of the Most Popular Retail Destinations for Luxury Watches.............. III-167 Limited Disposable Incomes to Affect Consumer Spending on Watches in South Africa..............III-167 B.Market Analytics..............III-168 Table 157: Middle East and Africa Recent Past, Current and Future Analysis for Watches by Category - Mass-Priced Watches (Under $50), Middle-Priced Watches ($50 - $299), Upper-Priced Watches ($300 - $999), and Luxury Watches ($1000 - $5000) M

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Global Luxury Sunglass Market: Size, Trends and Forecasts (2016-2020)

Global Luxury Sunglass Market: Size, Trends and Forecasts (2016-2020)

  • $ 800
  • Industry report
  • July 2016
  • by Daedal Research

Scope of the Report The report titled “Global Luxury Sunglass Market: Size, Trends and Forecasts (2016-2020)” provides an in-depth analysis of the global luxury sunglass market with detailed analysis ...

Luxury Accessories in Italy

Luxury Accessories in Italy

  • $ 682
  • Industry report
  • January 2016
  • by Euromonitor International

Luxury accessories returned to growth in 2015 as consumer confidence began to slowly return, with consumers once again treating themselves to some of the more affordable luxuries available in this market. ...

Luxury Leather Goods in Romania

Luxury Leather Goods in Romania

  • $ 682
  • Industry report
  • December 2015
  • by Euromonitor International

Euromonitor International's Luxury Leather Goods in Romania report offers a comprehensive guide to the size and shape of the Luxury Leather Goods market at a national level. It provides the latest retail ...


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