Aug 12, 2019 (MarketersMedia via COMTEX) -- Global Watch Market Research Report by Type (Analog Watches, Smartwatches, Chronograph Watches, Digital Watches), Category (Quartz Watches, Mechanical Watches & Electronic Watches), Distribution Channel (Store-Based and Non-Store-Based), End User (Men, Women and Unisex) and Region (North America, Europe, RoW) Forecast till 2024
Pune, India - August 12, 2019 /MarketersMedia/ --
In the global market, there are a variety of watches available for consumers and demands for watches rely on the preference of consumers based on product features, functions, appearance, and customization, which is considered as a new luxury and is gaining popularity among consumers.
The global watch market is projected to grow at a significant rate of 6.7% from 2019 to 2024 to reach a market value of USD 75.8 Billion by the end of 2024.
The growing interest of trending watches among consumers, primarily the youth, is offering lucrative business opportunities to market players, thereby encouraging new and innovative product launches.
The Global Watch Market has been segmented based on Type, Category, Distribution Channel, End User, and Region.
