Sales of watches are expected to fall significantly in 2020 due to consumers prioritising spending on essential goods over discretionary items, along with a sharp fall in tourist spending due to travel restrictions. High mechanical watches is expected to be the worst-hit area. The absence of Chinese tourists, who often spend large amounts on luxury watches due to their lower unit prices in Russia compared to China, is expected to have a strong negative impact on sales in 2020. High watches, at t...
Euromonitor International’s Watchesin Russia 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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