The market size value per capita for watches with a case of precious metal or clad with precious metal in Denmark has shown a steady increase from 2013 to 2023, reaching $14.91 USD per capita in 2023. The year-on-year growth rate from 2022 to 2023 was approximately 2.33%. Looking at the five-year period from 2019 to 2023, the compound annual growth rate (CAGR) was around 1.74%, indicating a moderate upward trend in per capita expenditure.
Future trends to watch for in this market include a potential increase in demand driven by luxury consumer preferences and a rise in disposable income. Additionally, sustainability and ethical sourcing of materials could influence consumer purchasing decisions, impacting market dynamics.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 56.57 | 2023 | View data | ||
| 2 | 2 Italy | 33.63 | 2023 | View data | ||
| 3 | 3 New Zealand | 26.71 | 2023 | View data | ||
| 4 | 4 Japan | 25.84 | 2023 | View data | ||
| 5 | 5 Austria | 23.12 | 2023 | View data | ||
| 6 | 6 Denmark | 14.91 | 2023 | |||
| 7 | 7 South Korea | 14.76 | 2023 | View data | ||
| 8 | 8 Greece | 11.99 | 2023 | View data | ||
