The average expenditure per household on women's and girls' watches and jewelry in Canada is projected to show a consistent decline from 2024 to 2028, beginning at CAD 125.81 in 2024 and decreasing annually to CAD 121.18 by 2028. This reflects a year-on-year decrease as follows: 0.94% from 2024 to 2025, 0.94% from 2025 to 2026, 0.93% from 2026 to 2027, and 0.92% from 2027 to 2028. The compound annual growth rate (CAGR) for these years is a decline of approximately 0.94%.

Future trends to monitor include:

Influence of sustainable and ethically sourced products on consumer preferences.
Impact of economic conditions on discretionary spending.
Evolving fashion trends and the role of digital technology in driving sales.