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Watch Market Share

Report ID: GMI10443
Published Date: Jul 2024
Report Format: PDF

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Watch Market Share

Watch Market Company Market Share Analysis (2023)

Key players in the market are Seiko Holdings Corporation, Citizen Watch Company limited, The Swatch Group, Apple Incorporation and Fossil Group Incorporation. Together these companies have a market share of 5%-10% of the total market with fierce competition in this market and driving continuous advancements and the introduction of new features to meet the evolving demands. These companies are known for their wide range of watch products from basic models to advanced smart watches with innovative features.

Watch Market Companies

Major companies operating in the watch industry include:

Apple Incorporation
Bell & Ross SA (France)
Breitling SA (Switzerland)
Cartier International SNC
Casio Computer Company
Citizen Watch Company Limited
Fossil Group
Glashutte Original GmbH
Longines S.A. (Switzerland)
Omega SA
Patek Philippe & Co.
Rolex SA
Seiko Holdings Corporation
TAG Heuer S.A.
The Swatch Group

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market was valued at approximately USD 73.1 billion in 2023 and is anticipated to register a CAGR of 5.2% between 2024 and 2032, propelled by the rising popularity of smartwatches and their health-centric features.

The quartz wrist watches segment was worth USD 37 billion in 2023, which is anticipated to record a CAGR of 5% through 2032, known for their accuracy and affordability.

The U.S. watch market was worth around USD 5.8 billion in 2023 and is expected to register a CAGR of 5.1% through 2032, being an economic powerhouse and a hub of innovation, catering to the diverse preferences and demands of both domestic and international consumers of watch.

Breitling SA (Switzerland), Cartier International SNC, Casio Computer Company, Citizen Watch Company Limited, Fossil Group, Glashütte Original GmbH, Longines S.A. (Switzerland), Omega SA, Patek Philippe & Co., Rolex SA, and Seiko Holdings Corporation among others.