The watches category was already suffering in 2019 due to the political unrest in Hong Kong, and the drop in tourism activity seen in the second half of the year. 2020 has been even worse, with border closures and tourism dropping to almost zero. The COVID-19 outbreak has only served to exacerbate significant negative influences on demand for watches. High-end watches constitute the lion’s share of watch sales in Hong Kong, and were therefore heavily affected by the drop in tourist arrivals from...
Euromonitor International’s 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 (2015-2019), 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 2024 illustrate how the market is set to change.
Product coverage: Watches by Price Band, Watches by type.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the 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.
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