PROSPECTS AND OPPORTUNITIES
Wellness to continue driving strong growth of smart wearables
Demand for connected watches is set to further grow over the forecast period, largely fuelled by the rising popularity of smart wearables. Wellness has become a key priority for consumers in the United Arab Emirates.
Blockchain used to validate authenticity
For luxury timepieces in the United Arab Emirates, blockchain technology is expected to play a key role in verifying authenticity and reducing counterfeiting, especially as high-end demand surges. With the luxury resale market expanding, reliable verification is essential.
Jewellery and watch specialists to remain popular channel for traditional watches
While online sales of watches in the United Arab Emirates have grown, jewellery and watch specialists will continue to dominate distribution of traditional watches, especially high mechanical watches, over the forecast period. Consumers often prefer in-store shopping to assess quality and authenticity firsthand, especially for delicate, high-value timepieces.
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Overview:
Understand the latest market trends and future growth opportunities for the Traditional and Connected Watches industry in United Arab Emirates with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Traditional and Connected Watches industry in United Arab Emirates, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Traditional and Connected Watches in United Arab Emirates report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Traditional and Connected Watches in United Arab Emirates?
- Which are the leading brands in Traditional and Connected Watches in United Arab Emirates?
- How significant is tourism in determining sales and demand for Traditional and Connected Watches in United Arab Emirates?
- How are COVID-19 and global recession impacting demand for Traditional and Connected Watches in United Arab Emirates?
- In the wake of COVID-19, how soon can Traditional and Connected Watches be expected to recover? Where are the opportunities for growth now?
- Where is future growth expected to be most significant?
Traditional and Connected Watches in the United Arab Emirates - Category analysis
KEY DATA FINDINGS
High mechanical watches remain popular status symbols in local market
Luxury timepieces contribute significant sales
Market skewed towards male consumers offers opportunity to bridge the gap
Wellness to continue driving strong growth of smart wearables
Blockchain used to validate authenticity
Jewellery and watch specialists to remain popular channel for traditional watches
Personal Accessories in the United Arab Emirates - Industry Overview
Personal accessories in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
DISCLAIMER
The following categories and subcategories are included:
Traditional and Connected Watches
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- Basic Mechanical Watches
- Mid Mechanical Watches
- High Mechanical Watches
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- Basic Quartz Analogue Watches
- Mid Quartz Analogue Watches
- High Quartz Analogue Watches
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- Basic Quartz Digital Watches
- Mid Quartz Digital Watches
- High Quartz Digital Watches
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- Basic Quartz Analogue Watches
- Basic Quartz Digital Watches
- Basic Mechanical Watches
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- Mid Quartz Analogue Watches
- Mid Quartz Digital Watches
- Mid Mechanical Watches
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- High Quartz Analogue Watches
- High Quartz Digital Watches
- High Mechanical Watches
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- Basic Activity Watch (Analogue)
- Mid Activity Watch (Analogue)
- High Activity Watch (Analogue)
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- Basic Activity Watch (Digital)
- Mid Activity Watch (Digital)
- High Activity Watch (Digital)
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- Basic Smart Wearables
- Mid Smart Wearables
- High Smart Wearables
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Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Traditional and Connected Watches research and analysis database.
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