Market Overview:
The global waterproof watch market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for waterproof watches from women and men across the globe. In addition, technological advancements in waterproof watch technology are also propelling the growth of this market. Based on type, ordinary waterproof watches accounted for a larger share of the global waterproof watch market in 2017. However, professional water resistant watches are expected to witness higher growth during the forecast period owing to their superior features and benefits over ordinary water resistant watches. Based on application, women held a larger share of the global waterproof watch market in 2017; however, men’s segment is projected to grow at a higher CAGR during 2018-2030 due to an increase in demand for sports.
Product Definition:
A waterproof watch is a timepiece that is encased in a material that prevents water from entering and damaging the internal workings of the watch. These watches are often used by divers, swimmers, and other people who work or play in water environments.
Ordinary Waterproof:
Waterproof watches are used by people who work in extreme environments such as firefighters, divers, and lifeguards. These watches are designed to perform under water activities for a longer period of time. The market is expected to grow at a significant rate owing to the increasing number of sports enthusiasts and adventure lovers across the globe.
Professional Waterproof:
Professional waterproof is a type of plastic which can be used to make waterproof products. It has the ability to withstand pressure and water for a long time. The material is available in various forms such as films, coatings, adhesives and elastomers among others.
Application Insights:
The men application segment led the global waterproof watch market in 2017. This is attributed to increasing use of waterproof watches by swimmers, surfers, and others who spend most of their time under water. The women application segment is expected to witness significant growth over the forecast period owing to rising awareness about health issues among working class women in emerging economies including China and India.
Waterproof watches are considered beneficial for people with diabetes as they can be used during swimming and bathing without having to worry about accidents caused due to spillage of sugar solution or glucose gel into sensitive areas like eyes or mouth. Furthermore, these digital devices help avoid accidental exposure while cooking as it displays timer which helps prevent overcooking food leading to potential risks related illness among patients suffering from diabetes mellitus type 2 or 3 respectively.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand in countries, such as China, Japan, and India. In addition, rising awareness regarding personal safety and security is anticipated to drive the product demand further. Europe also accounted for a significant share of global revenue owing to high waterproof watch sales in countries like Switzerland and Germany. However, North America may not witness significant growth due to stringent government regulations regarding water resistance of watches.
The market for waterproof watches has been segmented on the basis of region into North America; Latin America; Europe; Asia Pacific (APAC) and Middle East Africa (MEA).
Growth Factors:
- Increasing demand for waterproof watches from the sports and fitness industry as these watches are ideal for tracking time and performance during workouts.
- The increasing popularity of outdoor activities, such as swimming, diving, surfing, etc., is propelling the growth of the waterproof watch market.
- Growing demand for smartwatches with water-resistant features is also contributing to the growth of this market.
- Rising disposable income levels in emerging markets are fueling consumer demand for premium waterproof watches.
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterproof Watch Market Research Report
By Type
Ordinary Waterproof, Professional Waterproof
By Application
Women, Men
By Companies
Armitron, Casio, Chopard, CITIZEN, Fossil, Michael Kors, MICHELE, Movado, Nixon, Seiko
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Waterproof Watch Market Report Segments:
The global Waterproof Watch market is segmented on the basis of:
Types
Ordinary Waterproof, Professional Waterproof
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Women, Men
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Armitron
- Casio
- Chopard
- CITIZEN
- Fossil
- Michael Kors
- MICHELE
- Movado
- Nixon
- Seiko
Highlights of The Waterproof Watch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ordinary Waterproof
- Professional Waterproof
- By Application:
- Women
- Men
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Waterproof Watch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A waterproof watch is a type of watch that can be worn in water. This means that the watch can withstand being submerged in water up to a certain depth, and will still work properly.
Some of the major players in the waterproof watch market are Armitron, Casio, Chopard, CITIZEN, Fossil, Michael Kors, MICHELE, Movado, Nixon, Seiko.
The waterproof watch market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waterproof Watch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Waterproof Watch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waterproof Watch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Waterproof Watch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Waterproof Watch Market Size & Forecast, 2018-2028
4.5.1 Waterproof Watch Market Size and Y-o-Y Growth
4.5.2 Waterproof Watch Market Absolute $ Opportunity
Chapter 5 Global Waterproof Watch Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Waterproof Watch Market Size Forecast by Type
5.2.1 Ordinary Waterproof
5.2.2 Professional Waterproof
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Waterproof Watch Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Waterproof Watch Market Size Forecast by Applications
6.2.1 Women
6.2.2 Men
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waterproof Watch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Waterproof Watch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Waterproof Watch Analysis and Forecast
9.1 Introduction
9.2 North America Waterproof Watch Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Waterproof Watch Market Size Forecast by Type
9.6.1 Ordinary Waterproof
9.6.2 Professional Waterproof
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Waterproof Watch Market Size Forecast by Applications
9.10.1 Women
9.10.2 Men
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Waterproof Watch Analysis and Forecast
10.1 Introduction
10.2 Europe Waterproof Watch Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Waterproof Watch Market Size Forecast by Type
10.6.1 Ordinary Waterproof
10.6.2 Professional Waterproof
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Waterproof Watch Market Size Forecast by Applications
10.10.1 Women
10.10.2 Men
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Waterproof Watch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Waterproof Watch Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Waterproof Watch Market Size Forecast by Type
11.6.1 Ordinary Waterproof
11.6.2 Professional Waterproof
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Waterproof Watch Market Size Forecast by Applications
11.10.1 Women
11.10.2 Men
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Waterproof Watch Analysis and Forecast
12.1 Introduction
12.2 Latin America Waterproof Watch Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Waterproof Watch Market Size Forecast by Type
12.6.1 Ordinary Waterproof
12.6.2 Professional Waterproof
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Waterproof Watch Market Size Forecast by Applications
12.10.1 Women
12.10.2 Men
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Waterproof Watch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Waterproof Watch Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Waterproof Watch Market Size Forecast by Type
13.6.1 Ordinary Waterproof
13.6.2 Professional Waterproof
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Waterproof Watch Market Size Forecast by Applications
13.10.1 Women
13.10.2 Men
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Waterproof Watch Market: Competitive Dashboard
14.2 Global Waterproof Watch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armitron
14.3.2 Casio
14.3.3 Chopard
14.3.4 CITIZEN
14.3.5 Fossil
14.3.6 Michael Kors
14.3.7 MICHELE
14.3.8 Movado
14.3.9 Nixon
14.3.10 Seiko
