The forecast for the sold production of watches and clocks in France from 2024 to 2028 indicates a consistent year-on-year decline. From a volume of 1.8339 million items in 2024, it is projected to decrease to 1.5746 million items by 2028. This reflects an annual contraction with the compound annual growth rate (CAGR) showing a steady negative trend over the five-year period.
Future trends to monitor include:
- Technological advancements in smartwatches potentially impacting traditional watch sales.
- Changes in consumer preferences towards digital over analog products.
- Possible economic fluctuations affecting disposable income and luxury purchases.