Luxury Watch Industry - Regional Synopsis
North America Market Statistics
North America industry is poised to dominate majority revenue share by 2037, owing to presence of major companies in the region, coupled with high per capita income and expanding status of upper middle class. Luxury watches stand as a status symbol among the young generation, in the region, which is estimated to boost the market growth.
Europe Market Analysis
The luxury watch market in Europe is anticipated to closely follow the market in North America and hold a major market share owing to the high disposable income of the consumers in the region. Countries, such as, Switzerland, and U.K. are estimated to witness maximum growth owing to the stable economy, and high spending potential of the consumers.