Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Wrist Watch Market 2018, Forecast to 2023 - MarketResearchNest.com

Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Wrist Watch Market 2018, Forecast to 2023

Description :
Watch is a small timepiece intended to be carried or worn by a person. It is designed to keep working despite the motions caused by the person's activities. A wristwatch is designed to be worn on a wr...

Publish Date : 13-Jun-2018

No.Of Pages : 151

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Watch is a small timepiece intended to be carried or worn by a person. It is designed to keep working despite the motions caused by the person's activities. A wristwatch is designed to be worn on a wrist, attached by a watch strap or other type of bracelet.

Scope of the Report:
This report focuses on the Wrist Watch in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
At present, in the foreign industrial developed countries the wrist watch industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in Switzerland, Japan, etc. Meanwhile, foreign companies have more advanced equipment, strong R and D capability, the technical level is in a leading position. But foreign companies' manufacturing cost is relatively high, compared with Chinese companies, so the manufacturing cost has competitive disadvantage, as the Chinese wrist watch production enterprise technology continues to improve, their share in the international market will increase competitiveness..

Chinese wrist watch industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international wrist watch largest manufacture country, in addition to middle and low wrist watch products, some leading companies have been able to provide some high-end wrist watch products, so they have already had a competitive edge in the international arena.

With the rapid growth of the national economy as well as the rapid development of downstream industries, Chinese wrist watch market demand is exuberant so it can provide a good opportunity for the development of wrist watch market and technology.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area and the future will still have more new investment entering the field.

Along with the development of Chinese domestic equipment, Chinese domestic equipment has been very mature and advanced, and the performance distance has been shortened compared with the imported equipment.

Although wrist watch brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

The worldwide market for Wrist Watch is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach 64300 million US$ in 2023, from 47400 million US$ in 2017, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers
Swatch Group
Rolex
Richemont
LVMH
Fossil
Citizen
Seiko
Patek Philippe
Casio
Chopard
Audemars Piguet
Movado Group
Kering
Breitling
Franck Muller
Folli Follie
Festina
Morellato and Sector
Time Watch
Fiyta
Rossini
Ebohr
Sea-Gull
Rarone
Geya
Poscer
Golgen
Movebest
Polaris
Tianba

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Sport Watches
Luxury Watches
Diamond Watches
Quartz Watches
Mechanical Watches
Water Resistant Watches
Smartwatch

Market Segment by Applications, can be divided into
Daliy Use
Collection
Others

There are 15 Chapters to deeply display the global Wrist Watch market.
Chapter 1, to describe Wrist Watch Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Wrist Watch, with sales, revenue, and price of Wrist Watch, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Wrist Watch, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Wrist Watch market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Wrist Watch sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

SECONDARY RESEARCH

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION

The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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