The import of battery-operated pocket watches with precious metal cases to India is forecasted to decrease steadily from 2024 to 2028, with a decline from 74.73 thousand units in 2024 to 64.06 thousand units in 2028. This indicates a year-on-year decrease in import value of approximately 3.7% from 2024 to 2025, followed by a similar rate of decline in subsequent years. The compounded annual growth rate (CAGR) over this five-year forecast period is thus expected to reflect a consistent downtrend in import volumes.
Future trends to watch in this market include shifting consumer preferences toward technology-integrated timepieces and changes in import policies or precious metal prices, which could impact both demand and import levels in India. Additionally, fluctuations in fashion trends and economic factors might further influence purchasing behavior and market dynamics in the coming years.
