Global Luxury Watches for Women – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 to 2025
Kenneth Research has recently added a market research study on Global Luxury Watches for Women Market 2025 which provides a complete comprehensive analysis including the data by Segmentations, by Geography and as well as the competitive landscape of the top 10 Vendors in this market
The Global Luxury Watches for Women market is likely to obtain substantial incremental $ opportunity between 2018 and 2025 as per the recent market study conducted by Kenneth Research. This Global Luxury Watches for Women market strategic report has been produced emphasizing upon various growth factors contributing towards the growth of this market. This market study speaks about the relation between in-dependent variable such as the market and as well as the dependent variables which include the core macro-economic indicators such as population, GDP, personal disposable income and others. The business intelligence report also covers the challenges which may impact the growth of this market in the long-run. Several prevailing trends have been analysed in this report which have strengthened the growth of the market all across the globe.
Global Luxury Watches for Women Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Luxury Watches for Women Market is continuously growing in the global scenario at significant pace. A luxury watch is an expensive, high-quality timepiece used by upper-class individuals. It is more of a style statement than a necessity. Premiumization through product design & innovation, expansion of online retailing and rising disposable income of the individuals are the substantial driving factors of the market during the forecast period. Moreover, changing consumer lifestyle & buying behavior is the factor is likely to create numerous opportunity in the market during the forecast period. However, decline in profit margins of vendors & retailers, presence of counterfeit watches and emergence of smart watches are the factors that limiting the market growth of Luxury Watches for Women across the globe.
The regional analysis of Global Luxury Watches for Women Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to increasing disposable income and rising fashion trend in the region. Further, Europe is estimated to grow at stable rate in the global Luxury Watches for Women market over the upcoming years. Asia-Pacific is also anticipated to exhibit higher growth rate/CAGR over the forecast period 2018-2025. These region is mainly driven by changing consumer lifestyle in the region.
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In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked a growth of 5.73% in 2018 over previous year according to the data quoted by International Monetary Fund. This is likely to impel the growth of Global Luxury Watches for Women market over the period 2019-2026.
The Global Luxury Watches for Women market report also focuses on the analysis on the basis of geography which includes North America (U.S. and Canada), Latin America (Mexico, Brazil, Argentina, Rest of Latin America), Europe (Germany, UK, France, Spain, Italy, NORDIC, BENELUX, Poland, Russia, Hungary, Rest of Europe), Asia Pacific (China, Japan, India, Australia, New Zealand, South Korea, Malaysia, Indonesia, Rest of Asia Pacific) and Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East and Africa).
In U.S., the GDP per capita was valued at USD 62,606 in 2018 as compared to USD 59,895 marked in 2017, observed a growth of 4.53% in 2018 over previous year. Rise in GDP per capita has intensified the growth of this market in the country.
The key offerings in the report:
- Evaluating the market size of the global Global Luxury Watches for Women market as well as the market forecast.
- Analysing various market segmentations as well as forecasting the market on the basis of geography which includes North America, Latin America, Europe, Asia Pacific and Middle East and Africa
- Highlighting the factors impacting the growth of the market which includes growth drivers, challenges, opportunities as well as trends
- Examining competitive landscape of the leading companies on the basis of overview of the company, business strategy, product overview, risk analysis, recent developments and SWOT analysis.
Various statistical methods such as Covariance, Correlation, Regression and Coefficient of Determination (R square) analysis have been utilized to assess the market performance and analyse the future outlook of the market.
This market study is definitely going to be useful and can be utilized as a valuable source of assistance for the investors, manufacturers related to the product, suppliers, distributors, investment banks, management consulting companies, regulatory and government bodies, research organizations, and forums.
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