{"id":24782,"date":"2024-07-18T13:32:11","date_gmt":"2024-07-18T13:32:11","guid":{"rendered":"https:\/\/jobera.com\/?p=24782"},"modified":"2024-07-18T13:32:11","modified_gmt":"2024-07-18T13:32:11","slug":"wrist-watch-industry-statistics","status":"publish","type":"post","link":"https:\/\/jobera.com\/resources\/wrist-watch-industry-statistics\/","title":{"rendered":"Wrist Watch Industry Statistics: Facts and Trends [2026]"},"content":{"rendered":"\n

Market Size and Growth<\/h3>\n\n\n\n
    \n
  1. The global wristwatch market was valued at $62.8 billion in 2020.<\/li>\n\n\n\n
  2. It’s projected to grow at a CAGR of about 6.2% from 2021 to 2028.<\/li>\n\n\n\n
  3. The U.S. wristwatch market reached $8.8 billion in sales in 2019.<\/li>\n<\/ol>\n\n\n\n

    Leading Brands and Segments<\/h3>\n\n\n\n
      \n
    1. Top three brands by sales in 2019 were Apple, Rolex, and Swatch Group.<\/li>\n\n\n\n
    2. Mechanical watches made up 18.4% of the market in 2019, growing at a CAGR of 6.7%.<\/li>\n\n\n\n
    3. Luxury wristwatches held a 35.5% market share in 2019.<\/li>\n<\/ol>\n\n\n\n

      Import and Export<\/h3>\n\n\n\n
        \n
      1. The U.S. was the largest importer, with a market worth $3.3 billion in 2019.<\/li>\n\n\n\n
      2. India imported $306.94 million worth of wristwatches in 2019.<\/li>\n\n\n\n
      3. The Swiss watch industry produced 20.6 million units in 2018.<\/li>\n<\/ol>\n\n\n\n

        Smartwatches and Technology<\/h3>\n\n\n\n
          \n
        1. In 2019, 63.5% of smartwatches sold were iOS-based.<\/li>\n\n\n\n
        2. The global kids\u2019 smartwatch market is expected to hit $3.2 billion by 2025.<\/li>\n\n\n\n
        3. The market for sports wristwatches is projected to reach $820.7 million by 2025, with a CAGR of 5.92%.<\/li>\n<\/ol>\n\n\n\n
          \n
          \n

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          Demographics and Market Segments<\/h3>\n\n\n\n
            \n
          1. Female wristwatches accounted for 53.4% of the market share in 2019.<\/li>\n\n\n\n
          2. Quartz analog wristwatches held 72.4% of the market share in 2019.<\/li>\n\n\n\n
          3. Premium wristwatches priced above $5000 had a 13.8% market share in 2019.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

            Market Size and Growth Leading Brands and Segments Import and Export Smartwatches and Technology If you found this article interesting,\u2026<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[124],"class_list":["post-24782","post","type-post","status-publish","format-standard","hentry","category-statistics","tag-watch"],"_links":{"self":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts\/24782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/comments?post=24782"}],"version-history":[{"count":0,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/posts\/24782\/revisions"}],"wp:attachment":[{"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/media?parent=24782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/categories?post=24782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobera.com\/resources\/wp-json\/wp\/v2\/tags?post=24782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}