Based on the provided data, the turnover for watches and clocks in Finland is forecasted to increase from 500.0 thousand euros in 2024 to 600.0 thousand euros by 2028. The year-on-year variation shows a steady growth, amounting to an increase of 6% from 2024 to 2025, 3.77% from 2025 to 2026, 5.45% from 2026 to 2027, and 3.45% from 2027 to 2028. This demonstrates a consistent increase in market turnover. The compounded annual growth rate (CAGR) over this period is approximately 5.96% per year.
Future trends to watch for include potential shifts in consumer preference towards smartwatches, advancements in watch-related technologies, and the sustainability movement influencing the materials and production processes in the industry. Additionally, economic factors such as disposable income levels in Finland and global economic conditions may also impact market performance.
