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Mechanical Watch Market Share

Report ID: GMI10399
   |
Published Date: July 2024
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Report Format: PDF

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Mechanical Watch Market Share

Mechanical Watch Market Company Market Share Analysis (2023)

Key players involve in the mechanical watch industry are Rolex, Seiko Holdings Corporation, Casio, The Swatch Group Ltd, Fossil Group accounting market share of 15-20% in 2023. Innovative designs, materials, and features are helping manufacturers to set themselves apart. Manufacturers invest in research and development to create innovative movements and materials, enhancing accuracy, durability, and design, which attracts discerning consumers. Companies adopt various pricing strategies, from luxury pricing to more affordable options, to target different market segments and consumer demographics.
 

Mechanical Watch Market Companies

Major companies operating in the mechanical watch industry include:

  • Casio
  • Fossil Group 
  • GIRARD-PERREGAUX
  • Hermes
  • IWC Schaffhausen  
  • Patek Philippe SA
  • Rado Watch Co Ltd
  • RGM Watch Co.
  • Richemont SA
  • Rolex
  • Seiko Group Corporation 
  • Tag Heuer
  • The Swatch Group Ltd
  • Timex Group B.V.
  • Titan Company Limited
     
Authors: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :
What is the size of mechanical watch market?
The market was valued at around USD 59.2 Billion in 2023 and is anticipated to register a CAGR of 5.2% between 2024 to 2032, driven by rise of disposable income in developed and developing nations, leading to increased consumer spending on luxury items.
Why is the demand for mechanical watch with stainless steel strap increasing?
How big is Europe mechanical watch industry?
Who are the notable mechanical watch manufacturers?
Mechanical Watch Market Scope
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    Premium Report Details

    Base Year: 2023

    Companies covered: 15

    Tables & Figures: 461

    Countries covered: 21

    Pages: 144

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