The import of mechanical pocket-watches with a base metal case to India shows an upward trend from 2024 onwards, with the forecast indicating a gradual increase each year. Beginning in 2024 with 86.421 million, the value is expected to reach 106.08 million in 2028. This demonstrates a year-on-year growth, reflecting a steady demand within the Indian market.
Important highlights include:
- From 2024 to 2025, the market is projected to grow by approximately 5.9%.
- Similarly, from 2025 to 2026, a 5.4% increase is anticipated.
- The forecasted compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is around 5.3%.
Moving forward, key trends to watch include the influence of vintage fashion trends, disposable income levels, and advancements in luxury marketing. Additionally, changes in consumer behavior towards classic timepieces and India's trade policies may impact these imports.
