The market size value per capita for watches with cases of precious metal or metal clad with precious metal in Poland has shown a consistent upward trend from 2013 to 2023, increasing from $0.98 to $2.36. The year-on-year growth rates indicate a steady increase, although between 2020 and 2021 there was a modest rise of 4.83%, while the 2022-2023 period saw a 3.97% increase. The compound annual growth rate (CAGR) over the last five years stands at approximately 2.64%, reflecting a consistent growth momentum in the luxury watch market in Poland.
Future trends to watch for include:
- Increasing consumer preference for luxury goods, further driving market growth.
- The potential impact of economic changes or fluctuations on luxury spending.
- Technological advancements in watchmaking that could attract a broader consumer base.
- Sustainability and ethical sourcing trends influencing purchasing decisions.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 56.57 | 2023 | View data | ||
| 2 | 2 Italy | 33.63 | 2023 | View data | ||
| 3 | 3 New Zealand | 26.71 | 2023 | View data | ||
| 4 | 4 Japan | 25.84 | 2023 | View data | ||
| 5 | 5 Austria | 23.12 | 2023 | View data | ||
| 9 | 9 Canada | 11.58 | 2023 | View data | ||
| 10 | 10 Norway | 10.42 | 2023 | View data | ||
| 11 | 11 Poland | 2.36 | 2023 | |||
| 12 | 12 Mexico | 1.08 | 2023 | View data | ||
| 13 | 13 Morocco | 0.81 | 2023 | View data | ||
