In 2023, France led Europe's production of watch straps, bands, and bracelets, constituting 33.06% of the market. Germany and Italy followed with 29.42% and 24.65% respectively. Smaller shares were held by Spain, Portugal, Hungary, Finland, Denmark, and Croatia. Notably, year-on-year trends showed France, Germany, Italy, Finland, and Croatia experiencing declines, with Italy and Croatia facing the largest drops. Conversely, Denmark saw a notable growth. Examining the five-year CAGR reveals ongoing shifts in production dynamics.
Future trends indicate potential growth in smaller markets like Portugal and Hungary as established markets in France and Germany may stabilize. Emerging markets and technological advancements might also influence production shares and distribution in Europe.
Top countries in Sold Production of Watch Straps, Watch Bands and Watch Bracelets Share by Country (Units (Items))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 33.06 | 2023 | +10.33% | -1.09% | View data |
| 2 | 2 Germany | 29.42 | 2023 | +3.3% | -3.84% | View data |
| 3 | 3 Italy | 24.65 | 2023 | -9.43% | -12.31% | View data |
| 4 | 4 Spain | 8.39 | 2021 | View data | ||
| 5 | 5 Portugal | 7.54 | 2023 | +2.53% | +0.84% | View data |
| 6 | 6 Hungary | 4.85 | 2023 | +0.08% | +0.28% | View data |
| 7 | 7 Finland | 2.57 | 2023 | -7.09% | -6.52% | View data |
| 8 | 8 Denmark | 0.36 | 2023 | +28.44% | +4.8% | View data |
| 9 | 9 Croatia | 0.018 | 2023 | -29.38% | -18.08% | View data |
