In 2024, demand for traditional watches in Hong Kong is significantly declining. This trend is particularly evident in the mid and high price segments of mechanical watches. According to the Swiss Watch Export data, exports to Hong Kong and mainland China decreased by double digits in the first half of 2024. The decline is largely attributed to slowing demand in destination markets. High interests rate and economic uncertainty have made the target audience more cautious about investing in expens...

Euromonitor International's Traditional and Connected Watchesin Hong Kong, China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Connected Watches, Traditional Watches.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Traditional and Connected Watches market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market's major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Traditional and Connected Watches in Hong Kong, China
Euromonitor International
December 2024

List Of Contents And Tables

TRADITIONAL AND CONNECTED WATCHES IN HONG KONG, CHINA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Significant drop in demand for traditional watches, while sales of connected watches remain strong
Interest in sports and fitness activities drives demand for smart wearables
Traditional watch players leverage brand collaborations to attract consumers
PROSPECTS AND OPPORTUNITIES
Rise of second-hand market and auction of traditional watches
Smart wearables to gain further share from traditional watches
CATEGORY DATA
Table 1 Sales of Traditional and Connected Watches by Category: Volume 2019-2024
Table 2 Sales of Traditional and Connected Watches by Category: Value 2019-2024
Table 3 Sales of Traditional and Connected Watches by Category: % Volume Growth 2019-2024
Table 4 Sales of Traditional and Connected Watches by Category: % Value Growth 2019-2024
Table 5 Sales of Traditional Watches by Category: Volume 2019-2024
Table 6 Sales of Traditional Watches by Category: Value 2019-2024
Table 7 Sales of Traditional Watches by Category: % Volume Growth 2019-2024
Table 8 Sales of Traditional Watches by Category: % Value Growth 2019-2024
Table 9 Sales of Traditional Watches by Price Band: Volume 2019-2024
Table 10 Sales of Traditional Watches by Price Band: Value 2019-2024
Table 11 Sales of Traditional Watches by Price Band: % Volume Growth 2019-2024
Table 12 Sales of Traditional Watches by Price Band: % Value Growth 2019-2024
Table 13 Sales of Connected Watches by Category: Volume 2019-2024
Table 14 Sales of Connected Watches by Category: Value 2019-2024
Table 15 Sales of Connected Watches by Category: % Volume Growth 2019-2024
Table 16 Sales of Connected Watches by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Traditional Watches: % Value 2020-2024
Table 18 LBN Brand Shares of Traditional Watches: % Value 2021-2024
Table 19 NBO Company Shares of Connected Watches: % Value 2020-2024
Table 20 LBN Brand Shares of Connected Watches: % Value 2021-2024
Table 21 Distribution of Traditional Watches by Format: % Value 2019-2024
Table 22 Distribution of Connected Watches by Format: % Value 2019-2024
Table 23 Forecast Sales of Traditional and Connected Watches by Category: Volume 2024-2029
Table 24 Forecast Sales of Traditional and Connected Watches by Category: Value 2024-2029
Table 25 Forecast Sales of Traditional and Connected Watches by Category: % Volume Growth 2024-2029
Table 26 Forecast Sales of Traditional and Connected Watches by Category: % Value Growth 2024-2029
Table 27 Forecast Sales of Traditional Watches by Category: Volume 2024-2029
Table 28 Forecast Sales of Traditional Watches by Category: Value 2024-2029
Table 29 Forecast Sales of Traditional Watches by Category: % Volume Growth 2024-2029
Table 30 Forecast Sales of Traditional Watches by Category: % Value Growth 2024-2029
Table 31 Forecast Sales of Connected Watches by Category: Volume 2024-2029
Table 32 Forecast Sales of Connected Watches by Category: Value 2024-2029
Table 33 Forecast Sales of Connected Watches by Category: % Volume Growth 2024-2029
Table 34 Forecast Sales of Connected Watches by Category: % Value Growth 2024-2029
PERSONAL ACCESSORIES IN HONG KONG, CHINA
EXECUTIVE SUMMARY
Personal accessories in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
MARKET DATA
Table 35 Sales of Personal Accessories by Category: Volume 2019-2024
Table 36 Sales of Personal Accessories by Category: Value 2019-2024
Table 37 Sales of Personal Accessories by Category: % Volume Growth 2019-2024
Table 38 Sales of Personal Accessories by Category: % Value Growth 2019-2024
Table 39 NBO Company Shares of Personal Accessories: % Value 2020-2024
Table 40 LBN Brand Shares of Personal Accessories: % Value 2021-2024
Table 41 Distribution of Personal Accessories by Format: % Value 2019-2024
Table 42 Forecast Sales of Personal Accessories by Category: Volume 2024-2029
Table 43 Forecast Sales of Personal Accessories by Category: Value 2024-2029
Table 44 Forecast Sales of Personal Accessories by Category: % Volume Growth 2024-2029
Table 45 Forecast Sales of Personal Accessories by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources

Connected Medical Alert System Market Size And Share Analysis - Growth Trends And Forecasts (2025-2032)...

The Connected Medical Alert System Market is set to witness immense growth during the forecast period 2025-2032. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manu...

Connected Emergency Response Device Market Size And Share Analysis - Growth Trends And Forecasts (2025-2032)...

The Connected Emergency Response Device Market is set to witness immense growth during the forecast period 2025-2032. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape,...

Smart Connected Stadium Market Size And Share Analysis - Growth Trends And Forecasts (2025-2032)...

The Smart Connected Stadium Market is set to witness immense growth during the forecast period 2025-2032. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacture...

Connected Stadium Solution Market Size And Share Analysis - Growth Trends And Forecasts (2025-2032)...

The Connected Stadium Solution Market is set to witness immense growth during the forecast period 2025-2032. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufact...

Connected Vehicle Platform Market Size And Share Analysis - Growth Trends And Forecasts (2025-2032)...

The Connected Vehicle Platform Market is set to witness immense growth during the forecast period 2025-2032. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufact...

Watches and Clocks in Canada: ISIC 333...

PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Watches and Clocks: ISIC 333 market at a national level. It provides the latest retail sales data, allowing...

Traditional and Connected Watches in Hong Kong, China...

In 2024, demand for traditional watches in Hong Kong is significantly declining. This trend is particularly evident in the mid and high price segments of mechanical watches. According to the Swiss Watch Export data, exports to Hong Kong and mainland China decreased by double digits in the first half...

Traditional and Connected Watches in the United Kingdom...

Within traditional and connected watches in the UK, the pursuit of value remains a key driver of consumer purchasing behaviour in 2024. Retail volume sales of traditional watches continue to decline, largely due to shifts in consumption in the face of declining discretionary spending, while value gr...

Personal Accessories in Hong Kong, China...

Following a post-pandemic rebound, personal accessories in Hong Kong has faced significant challenges in 2024 due to broader economic uncertainty in the region. Therefore, both retail volume and value sales of personal accessories as a whole are declining. The waning appeal of Hong Kong to internati...

Bags and Luggage in Hong Kong, China...

After a significant rebound for luxury handbags in 2023, sales of bags and luggage in Hong Kong are declining in both retail volume and value terms in 2024. A less severe value decline compared to volume is due to a further rise in the average unit price, driven by luxury brands. Historically, inter...