The turnover for watches and clocks in Germany has shown consistent growth over the years. In 2023, the turnover stood at 575.0 million Euros. For 2024, the forecasted turnover begins at 581.2 million Euros, increasing annually to reach 606.0 million Euros by 2028. Year-on-year, the turnover increases approximately 1.1% from 2024 to 2025, and consistently maintains this growth rate up to 2028. Over the last two years, the sector experienced a similar growth trend, showing stability and incremental advances.

Future trends to watch for include:

Continued demand for luxury timepieces as status symbols in a progressively affluent society.
Technological advancements in smartwatches potentially boosting overall market turnover.
Increasing importance of sustainable and eco-friendly materials in watch production in response to consumer preferences.