The re-import of watches with cases of precious metal to France is expected to grow steadily from 2024 to 2028, starting at $7.26 million in 2024 and reaching $7.59 million by 2028. This represents a moderate year-on-year growth rate of approximately 1.1% for 2025, 1.13% for 2026, 1.1% for 2027, and 1.06% for 2028. Cumulatively, the compound annual growth rate (CAGR) for the five-year forecast period is around 1.12%, indicating consistent market demand and potentially stable economic conditions.
Future trends to watch for include:
- The impact of global economic conditions on luxury goods purchasing behavior.
- Shifts in consumer preferences towards vintage or contemporary luxury timepieces.
- Regulatory changes impacting the trade of precious metals.
- The role of digital transformation in luxury watch sales channels.