Luxury Watch Market Share 2019. Counterpoint research estimated that smartwatch shipments jumped by 48 percent year over year in the first quarter of 2019. A look at 4 major challenges in the luxury market for 2020 and the opportunities for companies that lean into them based upon analysis of a survey among 900 luxury industry insiders.
Rolex omega patek philippe cartier channel longines tissot rado blancpain and piaget are some of the prominent luxury watch manufacturers. Asia pacific dominated the luxury watch market with a share of 48 4 in 2019. By demography the market is divided into men and women out of which men segment is anticipated to register a higher revenue share in the global luxury watch market over the forecast period.
By demography the market is divided into men and women out of which men segment is anticipated to register a higher revenue share in the global luxury watch market over the forecast period.
People are keen to buy pre loved watches. The smartwatch market is. Moreover it was followed by quartz watch segment in terms of market share in 2019. Agreement with the statement it is more worthwhile to buy a luxury watch second hand than new by gender and age july 2019.