The import of watches with cases of base metal or metal clad with base metal to China is projected to increase from an estimated value of $2.72 billion in 2024 to $3.08 billion by 2028. Compared to an estimated import value of $2.64 billion in 2023, the forecast shows a consistent year-on-year growth trend, reflecting increasing consumer demand and possibly expanding middle-class affluence. The imports are expected to grow at a steady rate, with the compound annual growth rate (CAGR) estimated to sustain around 3.2% over the 2024-2028 period.

Future trends to watch for include:

The impact of trade policies and tariffs on watch imports.
Consumers' shift towards digital or smartwatches, potentially influencing traditional watch sales.
Market entrance of new international brands aiming to capture a share in China.
Economic shifts within China impacting disposable income and luxury spending.