The second-hand market for traditional watches in Hong Kong is set to gain further growth momentum, driven by a confluence of factors, including increasing consumer interest in vintage goods, a growing appreciation for craftsmanship, and the rise of sustainable consumption. Collectors and enthusiasts are keen to acquire vintage timepieces, not only for their aesthetic and historical value, but also as investment assets that can appreciate over time.
Demand for traditional quartz analogue and digital watches in Hong Kong is expected to come under further pressure from smart wearables over the forecast period. While high mechanical watches will be less impacted by the trend due to the prestigious value placed on investment pieces, especially for resale purposes, basic and mid quartz watches, as well as some high quartz watches, are expected to be substituted by connected watches due to the ease of usage and growing demand for functionality.
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Understand the latest market trends and future growth opportunities for the Traditional and Connected Watches industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Traditional and Connected Watches
This report originates from Passport, our Traditional and Connected Watches research and analysis database.
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