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Global Wrist Watch Market Insights, Forecast to 2026

Watch is a small timepiece intended to be carried or worn by a person. It is designed to keep working despite the motions caused by the person's activities. A wristwatch is designed to be worn on a wrist, attached by a watch strap or other type of bracelet. At present, in the foreign industrial developed countries the wrist watch industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in Switzerland, Japan, etc. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies? manufacturing cost is relatively high, compared with Chinese companies, so the manufacturing cost has competitive disadvantage, as the Chinese wrist watch production enterprise technology continues to improve, their share in the international market will increase competitiveness.. Chinese wrist watch industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international wrist watch largest manufacture country, in addition to middle and low wrist watch products, some leading companies have been able to provide some high-end wrist watch products, so they have already had a competitive edge in the international arena. With the rapid growth of the national economy as well as the rapid development of downstream industries, Chinese wrist watch market demand is exuberant so it can provide a good opportunity for the development of wrist watch market and technology. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area and the future will still have more new investment entering the field. Along with the development of Chinese domestic equipment, Chinese domestic equipment has been very mature and advanced, and the performance distance has been shortened compared with the imported equipment. Although wrist watch brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Wrist Watch 3900 market in 2020. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. This report also analyses the impact of Coronavirus COVID-19 on the Wrist Watch 3900 industry. Based on our recent survey, we have several different scenarios about the Wrist Watch 3900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 53730 million in 2019. The market size of Wrist Watch 3900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Wrist Watch market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Wrist Watch market in terms of both revenue and volume. Players, stakeholders, and other participants in the global Wrist Watch market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026. Sales and Pricing Analyses Readers are provided with deeper sales analysis and pricing analysis for the global Wrist Watch market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026. In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020. Regional and Country-level Analysis The report offers an exhaustive geographical analysis of the global Wrist Watch market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026. Competition Analysis In the competitive analysis section of the report, leading as well as prominent players of the global Wrist Watch market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Wrist Watch market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Wrist Watch market. The following manufacturers are covered in this report: Swatch Group Rolex Richemont LVMH Fossil Citizen Seiko Patek Philippe Casio Chopard Audemars Piguet Movado Group Kering Breitling Franck Muller Folli Follie Festina Morellato & Sector Time Watch Fiyta Rossini Ebohr Sea-Gull Rarone Geya Poscer Golgen Movebest Polaris Tianba Wrist Watch Breakdown Data by Type Sport Watches Luxury Watches Diamond Watches Quartz Watches Mechanical Watches Water Resistant Watches Smartwatch Wrist Watch Breakdown Data by Application Daliy Use Collection Others
1 Study Coverage 1.1 Wrist Watch Product Introduction 1.2 Market Segments 1.3 Key Wrist Watch Manufacturers Covered: Ranking by Revenue 1.4 Market by Type 1.4.1 Global Wrist Watch Market Size Growth Rate by Type 1.4.2 Sport Watches 1.4.3 Luxury Watches 1.4.4 Diamond Watches 1.4.5 Quartz Watches 1.4.6 Mechanical Watches
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About this Report
Report ID 354427
Category
  • Consumer Goods
Published on 16-Jun
Number of Pages 181
Publisher Name QY Research
Editor Rating
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