The Luxury Watch Global Market Report 2023, provides comprehensive information on the luxury watch market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Luxury Watch Market’s Growth:
https://www.thebusinessresearchcompany.com/report/luxury-watch-global-market-report
As per The Business Research Company’s Luxury Watch Global Market Report 2023, the global luxury watch market size grew from $30.58 billion in 2022 to $34.17 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The luxury watch market size is expected to grow to $49.68 billion in 2027 at a CAGR of 9.8%.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=6423&type=smp
The luxury watch market is segmented:
1) By Type: Digital Watch, Analog Watch
2) By Distribution Channel: Internet Retailing, Departmental Stores, Specialist Retailers, Exclusive Showrooms, Other Distribution Channel
3) By End User: Men, Women, Unisex
Western Europe was the largest region in the luxury watch market in 2022.
The table of contents in TBRC’s luxury watch market report includes:
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