The European market for watch straps, bands, and bracelets saw varied performances across countries in 2023. France led with a substantial production value, despite a slight decline. Italy bucked the trend with positive growth, while Portugal and Germany experienced declines. Minor markets like Hungary and Denmark saw modest increases. Finland faced the steepest drop, whereas Croatia remained steady.
Future trends suggest a continued leadership by France, with Italy likely enhancing its share due to consumer preference shifts and manufacturing flexibilization. Emerging markets like Hungary and Denmark could gain traction if they maintain growth momentum and capitalize on niche opportunities.
Top countries in Sold Production of Watch Straps, Watch Bands and Watch Bracelets by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 80,973,000 | 2023 | +9.23% | -1.3% | View data |
| 2 | 2 Italy | 31,787,000 | 2023 | +7.16% | +2.61% | View data |
| 3 | 3 Portugal | 11,959,000 | 2023 | +2.26% | -2.49% | View data |
| 4 | 4 Germany | 11,718,000 | 2023 | +5.99% | -3.88% | View data |
| 5 | 5 Hungary | 3,232,100 | 2023 | +1.8% | +1.22% | View data |
| 6 | 6 Spain | 1,718,000 | 2021 | View data | ||
| 7 | 7 Finland | 1,291,500 | 2023 | -0.73% | -4.53% | View data |
| 8 | 8 Denmark | 147,250 | 2023 | +33.2% | +8.03% | View data |
| 9 | 9 Croatia | 32,300 | 2023 | +0.2% | +1.35% | View data |
