In 2023, the import of battery-operated pocket-watches with a precious metal case to France was at an actual historical level. The forecasted data for 2024 through 2028 shows steady growth in import volumes, starting at 14.7 thousand kilograms in 2024 and reaching 16.91 thousand kilograms by 2028.
Year-on-year growth rates show an increasing trend, with approximately 3-4% annual growth anticipated. Calculating the CAGR over this forecast period, there is a consistent, average annual growth indicating a positive and robust market for these products in France.
Looking forward, trends to watch include technological innovations in smart watches that integrate luxury and functionality and changes in consumer preferences towards sustainable luxury items, which may impact the market landscape for traditional luxury pocket-watches.
