In 2023, Italy imported battery-operated wristwatches with base metal cases and mechanical displays at a volume of approximately 5.5 million units. The forecast from 2024 to 2028 projects a steady decline, beginning at 5.2724 million in 2024 and decreasing to 4.3483 million by 2028. This represents a year-on-year decrease averaging around 3.75%.
Future trends to watch for include:
- Technological innovations in smartwatch designs could further impact traditional wristwatch imports.
- Shifting consumer preferences towards digital or hybrid smartwatches.
- Potential economic fluctuations affecting purchasing power in Italy.
- Emerging sustainable and eco-friendly product lines that may influence market demand.