Luxury Watches Market size was valued at US$ 25.18 Bn in 2022 and the total revenue is expected to grow at 3.25 % through 2023 to 2029, reaching nearly US$ 31.50 Bn.Global Luxury Watches Market Overview:
Luxury watches are considered one-of-a-kind items, and wearing one symbolises a person's social standing. Because people have so many different brands to choose from, the global luxury watch market is growing rapidly. In order to gain a larger share of the market, luxury watchmakers are relying on a variety of marketing strategies. Manufacturers understand the importance of using social media to promote their products to the general audience. In recent years, there has been an increase in demand for luxury watches due to advancements in visual marketing in supermarkets and grocery stores to grab customers ’ attention.To know about the Research Methodology :- Request Free Sample Report 2022 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2029. 2022 is a year of exception and analyzed specially with the impact of lockdown by region.
Recent Trends of Global Luxury Watches Market:
In August 2021, Seiko Watch of America has declared the presentation of two remarkable U.S. Exceptional Editions commending the antiquated "Seigaiha" or "blue sea waves" design. Only accessible in the U.S. market, the watches, part of the extreme focus Prospex assortment, consolidate the best plunge watch innovation with hundreds of years of custom and craftsmanship. In January 2021, LVMH Moet Hennessy Louis Vuitton SE conveyed that it completed the obtaining of Tiffany and Co., a global extravagance diamond setter. This notorious US gem dealer procurement will profoundly change LVMH's Watches and Jewelry division and supplement LVMH's 75 recognized Maisons.Global Luxury Watches Market Dynamics:
The value of Swiss watch shipments fell by around 22% in 2022, while volume fell by 33%. The trade dropped significantly by around 9% in February, and the decline accelerated in the second quarter, when it fell by over 61 percent. As the economy changed, the rate of decline in exports slowed. Hardly due to the easing of the lockdown measure as well as other factors, there was still a 4% drop within last quarter of the year. The increasing customer choice for high-quality, luxurious watches, which are seen as fashion accessories around the world, is the primary driving force behind the luxury watch market. Consumers want high-quality products manufactured with cutting-edge manufacturing technologies, equipment, and methodologies. Accessorizing to improve one's appearance is a popular fashion trend. As a result, this factor is assisting in the expansion of the luxury watch market. Market participants' use of numerous advertising and marketing strategies has increased consumer demands of watches, resulting in market growth. The utilization of top caliber, top rate materials, similar to steel, bi-metallics, and important metals, tempt additional buyers. These are open in various charge ranges. Some worldwide areas delivering and trading extravagant watches envelop Switzerland, Hong Kong, China, France, and Germany. These watches are apportioned internationally via change and explicit retail channels. However, due to the high production cost, the final prices of the product are also high and is hampering the growth of the global luxury watch market. In addition, some local players are making counterfeit product, and this can hamper the growth of the global luxury watch market.Global Luxury Watches Market Segment Analysis:
The global Luxury Watches Market is segmented by Product Type, Gender Type, and Distribution Channel. Based on the Product Type, the global market is segmented into Mechanical quartz and Others. The mechanical quartz segment held the largest market share of 75.4% in the global Luxury Watches in 2022. Because luxury mechanical watches are more sophisticated and integrate all of the twentieth century's watchmaker expertise and knowledge, they are preferred above digital watches. Luxury mechanical watches have a far higher number of small moving parts and need hours and hours of labour to create. It's a great marvel of engineering with mechanical accomplishment in an analogue world. The most of luxury mechanical watch buyers are picky, and as a result, they care about the tiniest details and place a premium on history and tradition. Based on the Gender Type, the global market is segmented into women’s luxury watches and men’s luxury watches. The women’s luxury watches segment was estimated at US $ 24.66 Bn in 2022, and it is expected to reach US $ 32.24 Bn by 2029, growing at a CAGR of 3.90% over the forecast period 2022-2029. In contrast to Asian and European buyers who have some kind of cultural respect for watches, American ladies are obsessed with the technical side about how watch movements function. Several luxury watchmakers are emphasizing on golf or diamond watches since women prefer diamond-encrusted gold watches. The development of the Luxury Watches Market over the forecast period is mostly due to the rising number of women in the workplace.Based on the Distribution Channel, the global market is segmented into Online distribution channel and Offline distribution channel. The online distribution channel segment is expected to grow at a higher CAGR of 6.5% in the global market during the forecast period. Online distribution channel of the global market has the fastest growth due to the presence of highly developed E-commerce platform. Online shopping is more comfortable for consumer resulting in the remarkable growth of the global luxury watch market.
Regional Insights:
Asia Pacific dominate the global market during the forecast period. China is among the most competitive marketplaces in the world, with enormous acquisition and economic possibilities for luxury watchmakers. Some of the most well-known luxury watch brands are Rolex, Omega, Patek Philippe, Ferrari, Chanel, Longines, Tissot, Rado, Blancpain, and Piaget. Trades of Swiss timepieces to mainland China reached CHF 2.1 billion (USD 2.39 billion) from January to November 2021, up 17.1 percent over the same period last year, and according to Federation of the Swiss Watch Industry. In nations such as India, the luxury watch market was primarily geared solely toward men. However, as more women enter the job, the market for female and unisex luxury timepieces has grown. Also, Europe held the second largest market share of 30.0% in 2022 and it will be remain during the forecast period. Because of the high demand for high-quality goods In comparison to other European countries, Switzerland has experienced significant market expansion. In Switzerland, Rolex is perhaps the most desirable watch brand. The objective of the report is to present a comprehensive analysis of the global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Market dynamic, structure by analyzing the market segments and project the global Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Market make the report investor’s guide.Global Luxury Watches Market Scope: Inquire before buying
Luxury Watches Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 25.18 Bn. Forecast Period 2023 to 2029 CAGR: 3.25% Market Size in 2029: US $ 31.50 Bn. Segments Covered: by Product type Mechanical quartz Others by Gender type Women’s luxury watches Men’s luxury watches by Distribution channel Online distribution channel Offline distribution channel Global Luxury Watches Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players
1. LVMH 2. Richemont 3. Swatch Group 4. Rolex 5. Burberry 6. Breitling 7. Festina 8. Fossil Group 9. Seiko Watch 10. Patek Philippe 11. Chopard International 12. CROSEAGIFTS LIMITED 13. Minardi 14. Nettletons Jewellers 15. MERICE COMM.V 16. SEKONDA 17. MGI LUXURY GROUP S.A.Frequently Asked Questions:
1. Which region has the largest share in Global Luxury Watches Market? Ans: Asia Pacific region holds the highest share in 2022. 2. What is the growth rate of Global Luxury Watches Market? Ans: The Global Luxury Watches Market is growing at a CAGR of 5.4% during forecasting period 2023-2029. 3. What is scope of the Global Luxury Watches market report? Ans: Global Luxury Watches Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Luxury Watches market? Ans: The important key players in the Global Luxury Watches Market are – LVMH, Richemont, Swatch Group, Rolex, Burberry, Breitling, Festina, Fossil Group, Seiko Watch, Patek Philippe, Chopard International, CROSEAGIFTS LIMITED, Minardi, Nettletons Jewellers, MERICE COMM.V, SEKONDA, and MGI LUXURY GROUP S.A. 5. What is the study period of this market? Ans: The Global Luxury Watches Market is studied from 2022 to 2029.
1. Luxury Watches Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Luxury Watches Market: Dynamics 2.1. Luxury Watches Market Trends by Region 2.1.1. North America Luxury Watches Market Trends 2.1.2. Europe Luxury Watches Market Trends 2.1.3. Asia Pacific Luxury Watches Market Trends 2.1.4. Middle East and Africa Luxury Watches Market Trends 2.1.5. South America Luxury Watches Market Trends 2.2. Luxury Watches Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Luxury Watches Market Drivers 2.2.1.2. North America Luxury Watches Market Restraints 2.2.1.3. North America Luxury Watches Market Opportunities 2.2.1.4. North America Luxury Watches Market Challenges 2.2.2. Europe 2.2.2.1. Europe Luxury Watches Market Drivers 2.2.2.2. Europe Luxury Watches Market Restraints 2.2.2.3. Europe Luxury Watches Market Opportunities 2.2.2.4. Europe Luxury Watches Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Luxury Watches Market Drivers 2.2.3.2. Asia Pacific Luxury Watches Market Restraints 2.2.3.3. Asia Pacific Luxury Watches Market Opportunities 2.2.3.4. Asia Pacific Luxury Watches Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Luxury Watches Market Drivers 2.2.4.2. Middle East and Africa Luxury Watches Market Restraints 2.2.4.3. Middle East and Africa Luxury Watches Market Opportunities 2.2.4.4. Middle East and Africa Luxury Watches Market Challenges 2.2.5. South America 2.2.5.1. South America Luxury Watches Market Drivers 2.2.5.2. South America Luxury Watches Market Restraints 2.2.5.3. South America Luxury Watches Market Opportunities 2.2.5.4. South America Luxury Watches Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Luxury Watches Industry 2.8. Analysis of Government Schemes and Initiatives For Luxury Watches Industry 2.9. Luxury Watches Market Trade Analysis 2.10. The Global Pandemic Impact on Luxury Watches Market 3. Luxury Watches Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Luxury Watches Market Size and Forecast, by Product type (2022-2029) 3.1.1. Mechanical quartz 3.1.2. Others 3.2. Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 3.2.1. Women’s luxury watches 3.2.2. Men’s luxury watches 3.3. Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 3.3.1. Online distribution channel 3.3.2. Offline distribution channel 3.4. Luxury Watches Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Luxury Watches Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Luxury Watches Market Size and Forecast, by Product type (2022-2029) 4.1.1. Mechanical quartz 4.1.2. Others 4.2. North America Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 4.2.1. Women’s luxury watches 4.2.2. Men’s luxury watches 4.3. North America Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 4.3.1. Online distribution channel 4.3.2. Offline distribution channel 4.4. North America Luxury Watches Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Luxury Watches Market Size and Forecast, by Product type (2022-2029) 4.4.1.1.1. Mechanical quartz 4.4.1.1.2. Others 4.4.1.2. United States Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 4.4.1.2.1. Women’s luxury watches 4.4.1.2.2. Men’s luxury watches 4.4.1.3. United States Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 4.4.1.3.1. Online distribution channel 4.4.1.3.2. Offline distribution channel 4.4.2. Canada 4.4.2.1. Canada Luxury Watches Market Size and Forecast, by Product type (2022-2029) 4.4.2.1.1. Mechanical quartz 4.4.2.1.2. Others 4.4.2.2. Canada Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 4.4.2.2.1. Women’s luxury watches 4.4.2.2.2. Men’s luxury watches 4.4.2.3. Canada Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 4.4.2.3.1. Online distribution channel 4.4.2.3.2. Offline distribution channel 4.4.3. Mexico 4.4.3.1. Mexico Luxury Watches Market Size and Forecast, by Product type (2022-2029) 4.4.3.1.1. Mechanical quartz 4.4.3.1.2. Others 4.4.3.2. Mexico Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 4.4.3.2.1. Women’s luxury watches 4.4.3.2.2. Men’s luxury watches 4.4.3.3. Mexico Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 4.4.3.3.1. Online distribution channel 4.4.3.3.2. Offline distribution channel 5. Europe Luxury Watches Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Luxury Watches Market Size and Forecast, by Product type (2022-2029) 5.2. Europe Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 5.3. Europe Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 5.4. Europe Luxury Watches Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Luxury Watches Market Size and Forecast, by Product type (2022-2029) 5.4.1.2. United Kingdom Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 5.4.1.3. United Kingdom Luxury Watches Market Size and Forecast, by Distribution channel(2022-2029) 5.4.2. France 5.4.2.1. France Luxury Watches Market Size and Forecast, by Product type (2022-2029) 5.4.2.2. France Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 5.4.2.3. France Luxury Watches Market Size and Forecast, by Distribution channel(2022-2029) 5.4.3. Germany 5.4.3.1. Germany Luxury Watches Market Size and Forecast, by Product type (2022-2029) 5.4.3.2. Germany Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 5.4.3.3. Germany Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Luxury Watches Market Size and Forecast, by Product type (2022-2029) 5.4.4.2. Italy Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 5.4.4.3. Italy Luxury Watches Market Size and Forecast, by Distribution channel(2022-2029) 5.4.5. Spain 5.4.5.1. Spain Luxury Watches Market Size and Forecast, by Product type (2022-2029) 5.4.5.2. Spain Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 5.4.5.3. Spain Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Luxury Watches Market Size and Forecast, by Product type (2022-2029) 5.4.6.2. Sweden Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 5.4.6.3. Sweden Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Luxury Watches Market Size and Forecast, by Product type (2022-2029) 5.4.7.2. Austria Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 5.4.7.3. Austria Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Luxury Watches Market Size and Forecast, by Product type (2022-2029) 5.4.8.2. Rest of Europe Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 5.4.8.3. Rest of Europe Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6. Asia Pacific Luxury Watches Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.2. Asia Pacific Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.3. Asia Pacific Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6.4. Asia Pacific Luxury Watches Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.1.2. China Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.1.3. China Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.2.2. S Korea Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.2.3. S Korea Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.3.2. Japan Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.3.3. Japan Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6.4.4. India 6.4.4.1. India Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.4.2. India Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.4.3. India Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.5.2. Australia Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.5.3. Australia Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.6.2. Indonesia Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.6.3. Indonesia Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.7.2. Malaysia Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.7.3. Malaysia Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.8.2. Vietnam Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.8.3. Vietnam Luxury Watches Market Size and Forecast, by Distribution channel(2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.9.2. Taiwan Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.9.3. Taiwan Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Luxury Watches Market Size and Forecast, by Product type (2022-2029) 6.4.10.2. Rest of Asia Pacific Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 6.4.10.3. Rest of Asia Pacific Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 7. Middle East and Africa Luxury Watches Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Luxury Watches Market Size and Forecast, by Product type (2022-2029) 7.2. Middle East and Africa Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 7.3. Middle East and Africa Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 7.4. Middle East and Africa Luxury Watches Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Luxury Watches Market Size and Forecast, by Product type (2022-2029) 7.4.1.2. South Africa Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 7.4.1.3. South Africa Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Luxury Watches Market Size and Forecast, by Product type (2022-2029) 7.4.2.2. GCC Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 7.4.2.3. GCC Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Luxury Watches Market Size and Forecast, by Product type (2022-2029) 7.4.3.2. Nigeria Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 7.4.3.3. Nigeria Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Luxury Watches Market Size and Forecast, by Product type (2022-2029) 7.4.4.2. Rest of ME&A Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 7.4.4.3. Rest of ME&A Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 8. South America Luxury Watches Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Luxury Watches Market Size and Forecast, by Product type (2022-2029) 8.2. South America Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 8.3. South America Luxury Watches Market Size and Forecast, by Distribution channel(2022-2029) 8.4. South America Luxury Watches Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Luxury Watches Market Size and Forecast, by Product type (2022-2029) 8.4.1.2. Brazil Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 8.4.1.3. Brazil Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Luxury Watches Market Size and Forecast, by Product type (2022-2029) 8.4.2.2. Argentina Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 8.4.2.3. Argentina Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Luxury Watches Market Size and Forecast, by Product type (2022-2029) 8.4.3.2. Rest Of South America Luxury Watches Market Size and Forecast, by Gender type (2022-2029) 8.4.3.3. Rest Of South America Luxury Watches Market Size and Forecast, by Distribution channel (2022-2029) 9. Global Luxury Watches Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Luxury Watches Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. LVMH 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Richemont 10.3. Swatch Group 10.4. Rolex 10.5. Burberry 10.6. Breitling 10.7. Festina 10.8. Fossil Group 10.9. Seiko Watch 10.10. Patek Philippe 10.11. Chopard International 10.12. CROSEAGIFTS LIMITED 10.13. Minardi 10.14. Nettletons Jewellers 10.15. MERICE COMM.V 10.16. SEKONDA 10.17. MGI LUXURY GROUP S.A. 11. Key Findings 12. Industry Recommendations 13. Luxury Watches Market: Research Methodology 14. Terms and Glossary