Market Overview:
The global luxury watches for women 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 luxury watches from women, especially in developed countries. In terms of type, quartz watches are expected to dominate the global luxury watches for women market during the forecast period. However, mechanical watches are anticipated to grow at a higher CAGR as compared to quartz watches during the forecast period owing to their growing popularity among high-end consumers. In terms of application, general use is projected to be the largest segment in 2018 and is also anticipated register highest CAGR over the forecast period owing rising disposable income and changing lifestyle trends across regions. Regionally, North America dominates the global luxury watch for women market followed by Europe and Asia Pacific respectively in 2018; however APAC region is estimated witness highest growth rate over next 10 years attributed expanding middle class population with rising disposable income levels in countries such as China.
Product Definition:
A luxury watch is a timepiece that is of high quality, often expensive and intended for use by wealthy people. Watches that are considered luxury watches typically have features such as diamonds on the dial and/or bezel, intricate designs, precious metals or alloys used in the case and band, advanced movement complications such as tourbillons or perpetual calendars, and large sizes (44mm+).
The importance of luxury watches for women lies in their ability to make a statement about the person wearing them. Luxury watches are often associated with wealth and status, so owning one can help elevate your image. Additionally, many women appreciate the fine craftsmanship and unique design elements that go into making a luxury watch.
Quartz Watches:
Quartz watches are electronic quartz-based timepieces that display the correct time even if the wrist is not moving. It uses a vibrating crystal to produce an electric current that keeps accurate time. The vibration of the crystal creates a tiny air current inside the watch, which generates electricity to keep proper time and date.
Mechanical Watches:
Mechanical watches are also known as quartz watches or electronic quartz. These are the most common type of wristwatch available in the market. It is a battery-powered machine, which indicates time with the help of a pendulum or balance wheel. The main objective of these types of wristwatches is to provide accurate time and not to need any external source for power supply like other traditional clocks do (like solar).
Application Insights:
The general use application segment held the largest share of over 70.0% in 2017. General use watches are mainly used by women who have no specific interest in a watch collection and prefer to keep it casual or as a gift for occasions. The quartz watches under this category are generally preferred due to their low-maintenance cost, ease of handling, and attractive designs among other factors that may vary from woman to woman.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to increasing disposable income, changing consumer preferences, and rising demand for luxury watches from developing countries such as China and India. In addition, growing popularity of outdoor sports activities has led consumers to purchase GPS-enabled watches for tracking their movements.
North America is projected to witness significant growth over the next eight years owing to increasing purchasing power of consumers in U.S., Canada, and Mexico coupled with rising awareness regarding health & fitness among millennials. Furthermore, presence of prominent luxury watch manufacturers such as Rolex; Omega; Cartier; Chopard; Bulgari etc.; will drive regional product sales in near future.
Growth Factors:
- Increasing disposable income of women: There has been a steady increase in the disposable income of women in the past few years. This is especially true for developed countries where the luxury watch market is concentrated. With more money to spend, women are increasingly indulging in luxury watches as a status symbol and means of self-expression.
- Growing interest in fashion and accessories: Women are becoming more interested in fashion and accessories, including watches. They want to express their unique personality through what they wear, and luxury watches provide an excellent way to do that.
- Advances in technology: Watches have come a long way since their inception centuries ago, with new technologies being introduced all the time. This has led to increased innovation within the watch industry, with brands coming up with evermore creative and luxurious designs that appeal to modern women consumers .
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Watches for Women Market Research Report
By Type
Quartz Watches, Mechanical Watches, Other
By Application
General Use, Collection, Other
By Companies
Cartier, Blancpain, A. Lange and Sohne, Bulgari, Patek Philippe, Jaeger-LeCoultre, Piaget Polo, Vacheron Constantin, Rolex, Dolce & Gabbana, Audemars Piguet, Girard-Perregaux, Ulysse Nardin, Breguet, Parmigiani, Frank Muller, Glashutte, Paul Picot, H. Moser & Cie, Roger Dubuis, Breitling Japan
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Watches for Women Market Report Segments:
The global Luxury Watches for Women market is segmented on the basis of:
Types
Quartz Watches, Mechanical Watches, Other
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
General Use, Collection, Other
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:
- Cartier
- Blancpain
- A. Lange and Sohne
- Bulgari
- Patek Philippe
- Jaeger-LeCoultre
- Piaget Polo
- Vacheron Constantin
- Rolex
- Dolce & Gabbana
- Audemars Piguet
- Girard-Perregaux
- Ulysse Nardin
- Breguet
- Parmigiani
- Frank Muller
- Glashutte
- Paul Picot
- H. Moser & Cie
- Roger Dubuis
- Breitling Japan
Highlights of The Luxury Watches for Women 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:
- Quartz Watches
- Mechanical Watches
- Other
- By Application:
- General Use
- Collection
- Other
- 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 Luxury Watches for Women 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Luxury watches for women are typically more expensive than regular watches, and they often have features that make them stand out from the crowd. They may include diamonds or other precious stones on the face or casing, intricate designs or patterns on the watch band, and/or a higher quality movement. Some luxury watches also come with special functions, such as timekeeping in multiple time zones or automatic winding to keep your watch running smoothly.
Some of the major companies in the luxury watches for women market are Cartier, Blancpain, A. Lange and Sohne, Bulgari, Patek Philippe, Jaeger-LeCoultre, Piaget Polo, Vacheron Constantin, Rolex, Dolce & Gabbana, Audemars Piguet, Girard-Perregaux, Ulysse Nardin, Breguet, Parmigiani, Frank Muller, Glashutte, Paul Picot, H. Moser & Cie, Roger Dubuis, Breitling Japan.
The luxury watches for women market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Luxury Watches for Women Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Luxury Watches for Women Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Luxury Watches for Women Market - Supply Chain
4.5. Global Luxury Watches for Women Market Forecast
4.5.1. Luxury Watches for Women Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Luxury Watches for Women Market Size (000 Units) and Y-o-Y Growth
4.5.3. Luxury Watches for Women Market Absolute $ Opportunity
5. Global Luxury Watches for Women Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Luxury Watches for Women Market Size and Volume Forecast by Type
5.3.1. Quartz Watches
5.3.2. Mechanical Watches
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Luxury Watches for Women Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Luxury Watches for Women Market Size and Volume Forecast by Application
6.3.1. General Use
6.3.2. Collection
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Luxury Watches for Women Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Luxury Watches for Women Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Luxury Watches for Women Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Luxury Watches for Women Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Luxury Watches for Women Demand Share Forecast, 2019-2026
9. North America Luxury Watches for Women Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Luxury Watches for Women Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Luxury Watches for Women Market Size and Volume Forecast by Application
9.4.1. General Use
9.4.2. Collection
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Luxury Watches for Women Market Size and Volume Forecast by Type
9.7.1. Quartz Watches
9.7.2. Mechanical Watches
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Luxury Watches for Women Demand Share Forecast, 2019-2026
10. Latin America Luxury Watches for Women Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Luxury Watches for Women Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Luxury Watches for Women Market Size and Volume Forecast by Application
10.4.1. General Use
10.4.2. Collection
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Luxury Watches for Women Market Size and Volume Forecast by Type
10.7.1. Quartz Watches
10.7.2. Mechanical Watches
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Luxury Watches for Women Demand Share Forecast, 2019-2026
11. Europe Luxury Watches for Women Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Luxury Watches for Women Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Luxury Watches for Women Market Size and Volume Forecast by Application
11.4.1. General Use
11.4.2. Collection
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Luxury Watches for Women Market Size and Volume Forecast by Type
11.7.1. Quartz Watches
11.7.2. Mechanical Watches
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Luxury Watches for Women Demand Share, 2019-2026
12. Asia Pacific Luxury Watches for Women Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Luxury Watches for Women Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Luxury Watches for Women Market Size and Volume Forecast by Application
12.4.1. General Use
12.4.2. Collection
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Luxury Watches for Women Market Size and Volume Forecast by Type
12.7.1. Quartz Watches
12.7.2. Mechanical Watches
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Luxury Watches for Women Demand Share, 2019-2026
13. Middle East & Africa Luxury Watches for Women Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Luxury Watches for Women Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Luxury Watches for Women Market Size and Volume Forecast by Application
13.4.1. General Use
13.4.2. Collection
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Luxury Watches for Women Market Size and Volume Forecast by Type
13.7.1. Quartz Watches
13.7.2. Mechanical Watches
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Luxury Watches for Women Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Luxury Watches for Women Market: Market Share Analysis
14.2. Luxury Watches for Women Distributors and Customers
14.3. Luxury Watches for Women Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cartier
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Blancpain
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. A. Lange and Sohne
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bulgari
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Patek Philippe
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jaeger-LeCoultre
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Piaget Polo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vacheron Constantin
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rolex
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dolce & Gabbana
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Audemars Piguet
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Girard-Perregaux
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ulysse Nardin
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Breguet
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Parmigiani
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Frank Muller
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Glashutte
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Paul Picot
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. H. Moser & Cie
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Roger Dubuis
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
