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Sourcing Watches in China Tips

Sourcing Watches in China is a Challenging work, with a population of 1.421 billion, China has an endless number of Watches suppliers, So before sourcing wataches in China, You should know:

  • The Watch Market share and China’s role, Why?
  • Where’s the Watches supplier in China?
  • What Methods and Types of Watches?
    • Sourcing method( local b2b platform and trade fairs)
    • Contacing method( wechat and whatsapp)
  • Some attentions & avoidable things when soucing from China( Quality, logistics , Scams, Trademarks)

this is a general guide for online brands and new starters, Let’s discover more,

 

Why Sourcing Watches in China?

Speaking of why sourcing watches in China, Let’s see the watch market and China’s roles in international market

Reason 1: China’s Export Percentage

In Year 2022, China occupied 21.43% of the total world’s export amount, the next is USA, Germany, Italy and France

Data from UN datacomtrade

Quartz watches are the biggest players in the watch industry. Let’s break down their numbers, focusing on the whole world VS China.
  • Worldwide, Quartz watches are shipped out to the tune of $16.77 trillion.
  • Zooming into 2022, China alone exported Quartz watches worth $3.60 trillion.
Export amount for China, year 2022

Reason 2: The Rank of China’s Import Value

China had become a big name in the worldwide watch market.

from exporting countries, you can see, leading countries worldwide in year 2019- 2022 is ranked :

  • #1: China
  • #2:Hongkong(Hong Kong often reports higher export figures because many Chinese sellers ship packages through Hong Kong to bypass higher taxe).
  • #3: Switzerland
leading wristwatch exporting countries worldwide 2019-2021
leading wristwatch exporting countries worldwide 2019-2021

 

Reason 3: Follow the Big Brands

Buying watches from China comes with big perks. You’ve got a sea of different watch styles and wallet-friendly prices. Plus, China’s got this whole watch-making thing down with great factories and expert workers, making it a go-to place for brands that want good quality without the hefty price tag.

Many popular brands, such as MVMT, FOSSIL, etc., have been at the top of the market in terms of sales volume for many years, and they all source from the Chinese market.

This is the export data for Quartz Watches from the year 2021-2023. the Data from China Customs

 

Where’s the Watches Manufactuing Supplier in China?

China’s watch production base, basically concentrated in Guangdong Province, Shenzhen, Guangdong Province occupies a large proportion, and in the western part of Shenzhen, mainly produces cheaper quality watches, in Dongguan Fenggang town, Guangdong Province, there is a large watch company-Dailywin Group(they OEM ODM watches for many big Swiss brands).

Dailywin Group factory

Guangdong is the go-to spot for watch parts like cases, dials, and straps. It’s got good prices, quick material supply, easy shipping, and a solid supply chain all set up. This makes Guangdong the top place for watch-making with a big advantage.

In Guangzhou, which is part of Guangdong, you can find lots of imitation watches. If you get the chance, you should definitely buy an imitation watch here. They’re made so well, you can hardly tell them apart from the real thing just by looking.

To learn about some of the replica watches in China, you can read this article

Replica and Original Watches, Differences? What are they? Where To Buy?

Many watches made in China are sold in the market, and many niche brands are looking for suppliers in the Chinese market, so the Chinese market is very well-informed about some of the market trends.

What Types of Watches & Methods for Sourcing Watches in China?

There are many types of watches, and you should first understand what style you’re looking for in order to find the right supplier. For reference on watch styles, you may want to check out our comprehensive article:

50+ Types of Watches [Full list]Expert View

also If you are out of China, how do you search for a Chinese supplier? they can be B2B platform, socisl platform, and trade fairs.

Methods for Sourcing Watches in China?

On Social Platforms

You can sourcing watches supplier from Wechat video moment, or normally used platform, like instagram, facebook, let’s check How to source from social platform?

Search keywords on the platform.

such as Instagram, Search #watchessupplier, #OEMwatchesmanufacturer, #watchfactory, and some other keyword search.

Then filter. the same way when using other social platform.

 

Social Platforms-Pros Vs Cons

  • יתרונות: Rapid Familiarization with Suppliers: In the era of short video content, many watch suppliers showcase their products and company information on social platforms like WeChat and LinkedIn. This enables quick understanding of suppliers and their offerings.
  • חסרונות: Variable Supplier Quality: Since many suppliers promote themselves on these platforms, the quality and reliability of suppliers can vary significantly. Careful discernment is needed.

To ensure a successful sourcing experience, brands need to employ effective strategies for identifying and vetting trustworthy watch suppliers on social platforms.

Multi-faceted Assessment: Before placing orders, thoroughly assess suppliers, including their company strength, sample quality, product packaging, service capabilities, and more.

 

On B2B Platforms

Popular B2B platforms in China, including Alibaba, Made in China, and Global Sources, offer unrestricted access. You can create an account with just an email address or phone number.

After registering an account on the platform, you can search with the product keywords “שעונים” “wristwatches” ” timepiece+ OEM/customize/wholesale, etc..

such as search on Alibaba:

 

To navigate B2B platforms effectively, consider these techniques:

  1. Supplier Evaluation: Learn suppliers, their foundated years(production skills), their market(stands for their quality), their production time, and sample rule, including assessing their reputation, product quality, and responsiveness.
  2. Identifying Trustworthy Watch Suppliers and Verifying Credentials: after checking the basic information of the supplier, the fastest way to identify a supplier is to buy a sample or place a small order. for mass order, one way is to check existing quality sample.

 

On Trade Fairs

Attending watch fairs and exhibitions can be immensely beneficial for networking and finding potential suppliers. We explore the advantages of participating in such events.

shenzhen watch fair opening ceremony

Here’s a list of some well-known watch fairs in China:

  1. China Watch & יריד שעונים (CWCF)
  2. שעון שנזן & Clock Fair (the most famous Fair in China Watch fair)
  3. שעון הונג קונג & יריד השעונים (אם כי מבחינה טכנית בהונג קונג, הוא נמצא בסמיכות ליבשת סין ומהווה אירוע משמעותי עבור התעשייה)
  4. יריד השעונים של שנחאי
  5. יריד שעוני בייג'ין
  6. יריד שעוני גואנגג'ואו

Know more about watch fair from this post: https://ohlalawatch.com/what-are-the-exhibitions-forums-in-the-watch-industry%ef%bc%9f/

Proper preparation is essential to maximize the benefits of attending watch fairs. Building strong relationships with suppliers is key to long-term success.

 

Effective Way to Communicate with Watches Suppliers

Keep effective Communication with suppliers by choosing right tools, Chinese suppliers like to use WeChat, and WhatsApp to communicate, if there is important information, they will send and save it via email.

Regularly communicating with suppliers to ensure smooth operations

wechat
whatsapp

 

Key Considerations When Sourcing Watches in China

When sourcing watches in China, You should consider about their quality and products standars, prices and MOQs (Minimum Order Quantities)

Watches Quality and Standars

Understanding the technical aspects and quality standards of watches is crucial to ensure that the sourced products meet your brand’s expectations. mentioned quality assurance, mostly are 1 year, some supplier can be 2 years.

Requesting product samples and performing quality inspections are essential steps to assess the product’s quality before committing to a supplier.

Quality Checklist of OEM Watches

Dealing with Proper MOQs

Minimum Order Quantities can significantly affect your inventory management and profitability. In the watch industry, because the products are not cheap and you need to open a mold to make any product, the number of products becomes a pain point in the industry.

Most OEM watch suppliers will require 300-500pcs MOQ for each style, Which makes it harder for sourcing buyers to make a decision.

Knowing why OEM Watches price are high and Why Oem watch suppliers are asking for such high quantities may help you in your purchasing plan.

Customize Watches in China: Cost Breakdown and Estimates

Therefore, it is the best choice to match the colors and the literal design reasonably, and it is better to develop new products according to the situation of inventory.

We do with 300-500pcs moq with multi colors

 

Logistics & Import Regulations

From our experiences, the peak season for watches each month is March, April, May, September, October, November, and December, Every year around the Chinese New Year( December to March), logistics costs go up, and logistics will be crowded.

Choosing the appropriate shipping method is critical to ensure timely delivery and cost-efficiency.

Familiarizing with import regulations and customs duties

Every commodity will have import tariffs, and there will be different tariffs depending on the product, no matter what logistics method you send, express or ocean freight, be sure to understand the import tariffs you need to pay, before importing to understand the import tariffs, whether or not there are incentives, whether or not you can afford these tariffs, the tariffs should also be added to the cost of the product inside.

Note: Before checking the Import Tarrif, You should use your country’s hs code, Check the HS code for your products first. Not China’s HS code. such as:

You can see US’s hs Code, get data from US harmonized tarrif schedule website: https://hts.usitc.gov/search?query=wrist%20watch

Navigating import regulations and understanding customs duties will help brands avoid potential delays and unforeseen expenses.

 

Avoiding Common Pitfalls in Sourcing Watches from China

While sourcing products from China, it’s possible to encounter fraudulent activities, just as you might anywhere else. It’s a common risk in global trade, so always proceed with caution.

How to Spot & Avoid Scams ?

Conducting Factory Visits Before Placing Order

In-person visits to supplier factories offer valuable insights into their production capabilities and ethical practices.

Visiting a supplier’s factory allows you to get in touch with the owner of the factory to see the owner’s business philosophy, their attitude to facing problems, and their level of quality, so that when you meet a hard situation, you’ll be able to know if this supplier can handle it with you.

 

 

cnc millingVisiting factories, check their production environment, and employee status, but also to be able to understand your product more, for the growth of your brand is more favorable.

You can Sign NDA

If you have your own brand design, then be sure to sign a non-disclosure agreement(NDA) with your supplier to ensure that you have exclusive ownership of your product design.

Educating oneself on common scams and fraudulent practices can prevent brands from falling victim to unscrupulous suppliers.

Using Escrow Services and Secure Payment Methods

  • If you are shipping by sea, then make sure you have marine insurance.
  • Before each payment, be sure to repeatedly confirm the bank account information with your watch supplier, it is best to confirm in a variety of ways, there are many many cases that many scammers will steal the supplier’s mail account and password to modify the supplier’s bank account, and then let you be fooled!
alibaba’s trade assurance order page
  • Make sure that the payment account is a formal company, let the supplier put the payment method on the PI, or go online Alibaba, Alibaba has trade assurance orders, to protect your rights and money!
  • Implementing secure payment methods, such as escrow services, provides an added layer of protection for financial transactions.

Trademarks

Protecting your brand’s intellectual property is essential to prevent counterfeiting and unauthorized use of your designs. We highlight the importance of registering trademarks and patents to secure legal protection for your brand and products

Importance of Trademarks in Watchmaking:

Trademarks are distinctive symbols, names, or slogans used to identify and differentiate products or services. In the wristwatch industry, trademarks serve several critical functions:

  • Brand Recognition: Trademarks allow consumers to easily identify and connect with their favorite watch brands, fostering brand loyalty and trust.
  • Quality Assurance: They signify a commitment to quality and craftsmanship, assuring consumers of the watch’s authenticity and reliability.
  • Legal Protection: Trademarks provide legal grounds for watch brands to take action against counterfeiting and unauthorized use of their marks.

Examples of famous watch brand trademarksSeveral watch brands have iconic trademarks that have become synonymous with their identity. Here are a few notable examples:

  • Rolex Crown: The Rolex crown logo is one of the most recognizable symbols in the watch industry, representing precision, luxury, and exclusivity.

  • Omega’s Seamaster Logo: Omega’s trademarked Seamaster logo, with its wave design, is closely associated with the brand’s maritime heritage and innovation.

  • TAG Heuer’s Shield: TAG Heuer’s shield emblem symbolizes performance, innovation, and avant-garde design.

  • Swatch Group Brands: The Swatch Group owns multiple brands, each with its distinct trademark. For example, the Swatch brand itself is known for its colorful designs, while Breguet features intricate guilloché patterns.

 

Common Trademark Infringement Scenarios in the Industry:

Despite the protective measures in place, the wristwatch industry faces various trademark infringement challenges:

  1. Counterfeiting: Counterfeit watches often bear copied or altered trademarks, deceiving consumers into believing they are purchasing genuine products.
  2. Unauthorized Reselling: Some retailers may sell watches without proper authorization, infringing on the brand’s trademark rights.
  3. Parallel Imports: Parallel imports involve the sale of authentic watches in a region where the brand’s official distributor did not intend for them to be sold. This can raise trademark issues.
  4. Online Infringement: The internet has facilitated the sale of watches with counterfeit trademarks on various online platforms.

Protecting your brand’s trademark rights or not use other’s design is essential in preserving its reputation and market position. It involves not only obtaining trademark registrations but also actively monitoring the market for potential infringements and taking legal actions when necessary. In the next section, we will explore strategies for registering and enforcing trademarks to prevent and address intellectual property infringement issues effectively.

Conclusions

In summary, China’s rising prominence in the global watch market offers compelling opportunities for sourcing timepieces. Advantages include diverse styles and competitive pricing. Key considerations encompass understanding the Chinese watch landscape, effective supplier selection, quality assurance, and logistics management. Building strong supplier relationships, guarding against scams, and protecting intellectual property rights are crucial. Brands must actively monitor the market for trademark infringements.

By following these strategies, Whether it’s a name brand watch, a niche watch brand, or a starter watch brand, you will be able to find the right supplier and develop together with your supplier

 

Related Posts:

How can I Find a Reliable Private-label Watch Manufacturer?

 

מהן התערוכות & פורומים בתעשיית השעונים? 6

צפו בירידים בסין

סין ביססה את עצמה כמרכז בולט לתעשיית השעונים, ומארחת מספר ירידי שעונים ותערוכות ידועים. אירועים אלה משמשים כפלטפורמה מרכזית עבור חובבי שעונים, קמעונאים ומותגים כדי לחקור את הטרנדים האחרונים, להתחבר למומחים בתעשייה ולגלות ספקים פוטנציאליים.

אניבסעיף זה, אנו מתעמקים במשמעותם של ירידי השעונים של סין וכיצד הם יכולים להיות מרכיבים במסע מקורות השעונים שלך.

הנה רשימה של כמה ירידי שעונים ידועים בסין:

  • China Watch & יריד שעונים (CWCF)
  • שעון שנזן & יריד שעונים
  • שעון הונג קונג & יריד השעונים (אם כי מבחינה טכנית בהונג קונג, הוא נמצא בסמיכות ליבשת סין ומהווה אירוע משמעותי עבור התעשייה)
  • יריד השעונים של שנחאי
  • יריד שעוני בייג'ין
  • יריד שעוני גואנגג'ואו

ירידים אלה הם מכריעים בתעשיית השעונים ומציעים הזדמנויות מצוינות למקור ונטוורקינג בעסקי השעונים.

ירידי שעונים מובילים בסין

  • משמר סין & יריד שעונים (CWCF): כאחד מירידי השעונים הגדולים באסיה, ה-CWCF מושך אליו מציגים ומשתתפים מרחבי העולם. הוא מציג מגוון רחב של סגנונות שעונים, משעוני יוקרה ועד שעוני אופנה במחירים סבירים.
  • שעון שנזן & יריד שעונים: הידוע כאחד מאירועי השעונים המשפיעים ביותר בסין, ה-Shenzhen Watch & יריד השעון מתמחה בהצגת טכנולוגיות חדשניות וחידושים בתעשיית השעונים.

 

היתרונות העיקריים של השתתפות בירידי השעונים של סין

  • חשיפה למגוון רחב של ספקים: ירידים אלו מפגישים שפע של ספקי שעונים, מה שהופך אותו ליעד נקודתי לחקור מגוון מגוון של מוצרים.
  • הזדמנויות רשת: ירידי השעונים בסין מציעים הזדמנויות נטוורקינג שאין שני להן, ומאפשרות לך להתחבר ליצרני שעונים, מעצבים ואנשי מקצוע אחרים בתעשייה.
  • תובנות לגבי מגמות בשוק: הישאר מעודכן במגמות השוק האחרונות, ההתקדמות הטכנולוגית והעדפות הצרכנים על ידי השתתפות בסמינרים ומצגות בירידים אלה.
  • ניסיון מעשי: קבל מבט ממקור ראשון על האיכות והאומנות של מוצרי שעונים, מה שמאפשר לך לקבל החלטות מושכלות לגבי ספקים פוטנציאליים.
  • יתרון במשא ומתן: אינטראקציות פנים אל פנים עם ספקים מספקות לעיתים קרובות יתרון במשא ומתן, ומאפשרות לך לדון בתמחור, בהזמנות בכמות גדולה ואפשרויות התאמה אישית.

 

טיפים למקסום החוויה שלך בירידי השעונים של סין

    • ההכנה היא המפתח: חקור את המציגים, הפריסה ולוחות הזמנים של היריד מראש כדי להפיק את המרב מהזמן שלך.
    • בדוק את מדגם האיכות/קנייה: הכירו את ספק השעונים שלכם על ידי אימות האיכות שלהם, זו הדרך המהירה ביותר, גם בירידי שעונים בסין, היא מאפשרת לכם לקנות דוגמאות ישירות. נסה זאת.
    • תביא את כרטיסי הביקור שלך: נטוורקינג חיוני; ודא שיש לך ערימה של כרטיסי ביקור להחלפה עם ספקים ושותפים פוטנציאליים.
    • מעורב בשיחות: אל תהססו לפתח שיחות עם מציגים ומשתתפים עמיתים. אתה עשוי לגלות תובנות חשובות או הזדמנויות לשותפות.
    • רשום הערות וקטלוגים: נשא מחברת כדי לרשום פרטים חשובים ולאסוף קטלוגים מספקים לעיון.

כיצד לתקשר עם ספקי יריד שעוני סין?

שיחה עם ספקי יריד שעונים היא חלק מכריע מהאינטראקציה שלך בעת השתתפות ביריד שעונים בסין. תקשורת יעילה יכולה לעזור לך ליצור קשרים בעלי ערך ולאסוף מידע חיוני. הנה כמה טיפים כיצד לדבר עם ספקי יריד שעונים:

  • מחקר מראש: לפני ההשתתפות ביריד, חקרו את הספקים והמציגים שיהיו נוכחים. זהה את אלה שמתיישרים עם הצרכים והיעדים העסקיים שלך.
  • הכן את השאלות שלך: הכינו רשימה של שאלות. שאלות אלו יכולות להיות על מגוון המוצרים שלהם, יכולות הייצור, תהליכי בקרת איכות, זמני אספקה ​​ותמחור.
  • מעורב באופן פעיל: פנה לספקים בהתנהגות ידידותית ומקצועית. חייכו, צרו קשר עין ותן לחיצת יד איתנה כאשר מתאים. עסוק בשיחות חולין כדי לבנות קרבה לפני הצלילה לדיונים עסקיים.
  • הצג את העסק שלך: התחל את השיחה על ידי הצגת העסק שלך, המטרות שלו ומה אתה מחפש ביריד. זה עוזר לספקים להבין טוב יותר את הצרכים שלך.
  • שאל על ההצעות שלהם: שאל על המוצרים שהם מציעים. בקש פרטים על חומרים, עיצובים וכל תכונות ייחודיות. חפשו להבין כיצד המוצרים שלהם יכולים להועיל לעסק שלכם.
  • אבטחת איכות ואישורים: שאל על תהליכי בקרת האיכות שלהם וכל הסמכה שהם מחזיקים. זה חיוני להבטחת איכות המוצרים שאתה מתכוון להשיג.
  • תמחור ו-MOQ (כמות הזמנה מינימלית): דון במבני תמחור ו-MOQs. היה ברור לגבי דרישות התקציב והכמות שלך. נהלו משא ומתן על מחירים במידת הצורך, אך עשו זאת בכבוד.
  • זמני אספקה ​​ואספקה: הבן את זמני ההובלה ואת לוחות הזמנים של האספקה ​​שלהם. זה חשוב לתכנון המלאי שלך ולהבטחת זמינות מוצרים בזמן.
  • דוגמאות וקטלוגים:בקש דוגמאות וקטלוגים של מוצרים לעיונך. חומרים אלה יכולים לעזור לך לקבל החלטות מושכלות ולהשוות בין ספקים שונים.
  • שיקולי שפה: אם אינך דובר סינית מנדרינית, שקול להביא מתרגם או להשתמש באפליקציות תרגום כדי להקל על התקשורת. לספקים רבים עשויים להיות גם נציגים דוברי אנגלית.
  • לִרְשׁוֹם: Jot down key information during your discussions. This will help you keep track of different suppliersofferings and details.
  • מידע ליצירת קשר של Exchange: לפני סיום השיחה, החלף פרטי קשר, כולל כרטיסי ביקור. זה מאפשר לך לעקוב אחרי היריד.
  • היו מכבדים את זמנם: זכור שספקים עשויים לקיים אינטראקציה עם משתתפים רבים. היו מכבדים את זמנם והימנעו ממונופול על תשומת הלב שלהם אם השיחה אינה רלוונטית לצרכים שלכם.
  • מעקב אחרי היריד: לאחר היריד, עקוב אחר הספקים שאיתם אתה מעוניין לעבוד. שלח להם מיילים או בצע שיחות טלפון כדי להמשיך בדיונים ולסיים הסכמים.

זכור שבניית קשרים עם ספקים לוקחת זמן, אז גשו לשיחות בסבלנות ובעניין אמיתי במציאת השותפים המתאימים לעסק השעונים שלכם.

 

יתרונות נוספים של השתתפות בתערוכת השעון של סין

ירידי השעונים של סין עומדים כאירועים מרובי פנים אשר פונים לא רק ליצרני שעונים אלא גם לצפייה בספקי רכיבים, מתווכים, מפיצים ואפילו מותגי שעונים ידועים. תערוכות אלו משמשות כמפגשים מרכזיים בעולם ההורולוגיה, ומציעות מגוון רחב של הזדמנויות ומשאבים לאנשי מקצוע בתעשייה. בואו נעמיק בהיבטים המגוונים של ירידי השעונים בסין:

מאגר משתתפים כולל: ירידי השעונים של סין מתהדרים במאגר משתתפים מגוון. בעוד שיצרני שעונים מציגים את היצירות והחידושים האחרונים שלהם, נוכחות משמעותית נשמרת גם על ידי ספקי רכיבי שעונים המספקים חלקים ומנגנונים חיוניים לתהליך ייצור השעונים. יתר על כן, מתווכים, סוחרים ואפילו מותגי שעונים מבוססים משתתפים באופן פעיל באירועים אלה. השילוב האקלקטי הזה של משתתפים הופך את ירידי השעונים של סין ליעד נקודתי עבור כל הספקטרום של תעשיית השעונים.

מעבר למקור: ההשתתפות בירידים הללו היא הרבה מעבר למציאת ספקים חדשים בלבד. הם משמשים כחלונות לשוק השעונים המתפתח ללא הרף. ספקים משתמשים לעתים קרובות באירועים אלה כדי להציג את המוצרים העדכניים והחריגים ביותר שלהם, מה שמאפשר למשתתפים לקבל תובנה ממקור ראשון לגבי הטרנדים, העיצובים וההתקדמות הטכנולוגית החדשים ביותר בתעשיית השעונים.

הערכת חוזק הספק: אין להקל ראש בהשתתפות בירידים אלו. העלויות הכרוכות בהקמת דוכן תערוכה ביריד שעונים סיני גדול יכולות לנוע בין עשרות אלפים לכמה מאות אלפי דולרים. השקעה משמעותית זו פירושה שהספקים המשתתפים הם לרוב מבוססים וחזקים מבחינה פיננסית. נוכחותם בירידים הללו היא עדות למחויבותם לענף.

שילוב מקומי ובינלאומי: בעוד שספקים מקומיים שולטים בעיקר בירידים הללו, הם מושכים יותר ויותר תשומת לב בינלאומית. הטעם הבינלאומי הזה הוא עדות לחשיבות הגוברת של סין בתעשיית השעונים העולמית. משתתפים מרחבי העולם מתכנסים בירידים הללו כדי לחקור הזדמנויות עסקיות ולגלות כישרונות ייחודיים ליצירת שעונים.

הזדמנויות לביקורי חברה: למי שיש הזדמנות וזמן, אפשר לתאם ביקורים במתקני הייצור של הספקים המציגים. זה מאפשר הבנה מעמיקה יותר של תהליכי הייצור, אמצעי בקרת האיכות והיכולות הכוללות שלהם.

לאור המגוון העשיר של המשתתפים, חלון הראווה של מוצרים חדשניים והזדמנויות הרשת, מומלץ להקצות מספיק זמן ומשאבים בעת תכנון טיול לסין עבור ירידי שעונים אלו. זה מבטיח שאתה יכול לנצל באופן מלא את ההזדמנויות הרב-גוניות שהם מציגים.

 

סיכום:

ירידי השעונים של סין ממלאים תפקיד מרכזי בתעשיית השעונים העולמית, ומציעים הזדמנויות רבות לרכישת שעונים באיכות גבוהה, יצירת קשרים יקרי ערך ושמירה על מידע על התפתחויות בשוק. על ידי השתתפות אסטרטגית בירידים אלה, תוכל למקם את המותג שלך להצלחה בעולם התחרותי של קמעונאות והפצת שעונים.

4 חברות ענק שעונים המובילות

כשאתה בוחר מותג שעונים, סגנון ודגם, האם אתה מוצא את עצמך המום מהבחירות? הסיבה לכך היא שקיימים מותגי שעונים רבים. עם זאת, רבים מהמותגים הללו הם חלק מ-4 הגדולות צפו בחברות ענק.

ה-4 חברות ענק השעונים הגדולות ביותר בעולם, הם קבוצת Swatch של שוויץ, קבוצת רולקס, קבוצת Richemont השוויצרית וקבוצת לואי ויטון (LVMH) הצרפתית.

נסקור מקרוב את האסטרטגיות שבהן הם משתמשים, את המוצרים המגוונים שלהם ואת פילוסופיות הליבה מאחורי המותגים שלהם כדי לראות מה מייחד כל אחד מהם בעיצוב התעשייה.

 

מהם 4 מותגי השעונים הגדולים?

4 קבוצות השעונים הגדולות בעולם מתייחסות בדרך כלל לארבע החברות בעלות ההיקף הגדול ביותר וההשפעה הרחבה ביותר בתעשיית השעונים העולמית. הם:
  1. קבוצת סווטש: מטה בשוויץ, בבעלותה מספר מותגים מפורסמים, כולל בלנקפיין, אומגה, טיסו, לונגינס ו-Swatch.
  2. קבוצת ריצ'מונט: גם חברת מוצרי יוקרה שוויצרית, היא כוללת מותגי שעונים יוקרתיים רבים כמו Cartier, Vacheron Constantin, Jaeger-LeCoultre ו-Piaget.
  3. רולקס: יצרנית שעונים שוויצרית עצמאית הידועה באיכות הגבוהה והדיוק שלה, רולקס היא כוכב נוצץ בין מותגי השעונים העולמיים.
  4. LVMH (מואט הנסי לואי ויטון): קבוצת היוקרה המפורסמת הזו, שבסיסה בפריז, צרפת, מחזיקה במותגי שעונים מפורסמים, כולל TAG Heuer, Breguet, Chopard והובלוט.
קבוצות אלו לא רק מחזיקות במספר מותגי שעונים, אלא גם מכסות פלחי שוק שונים מרמת ההתחלה ועד היוקרה היוקרתית, מחזיקות בנתחים משמעותיים בשוק העולמי.
4 המותגים הללו הצליחו לשמור על עמדות בולטים בשוק השעונים בזכות המורשת, החדשנות והאספקה ​​העקבית של איכות ויוקרה.

נכון לעכשיו, כמות המכירות של שעוני יד יוקרתיים היא עדיין בדירוג העולמי של רולקס, ריצ'מונט, סווטש ולואי ויטון. יצוא השעונים של קבוצות רולקס, סווטש ו-Richemont כבר מהווה יותר מ-80% מכלל יצוא השעונים השוויצרי.

 

חֶברָה & Brand Profile of the Four Watch Giants

1. Richemont Group

Richemont היא חברת מוצרי יוקרה שוויצרית שהוקמה על ידי המיליארדר הדרום אפריקאי אנטון רופרט בשנת 1988. עסקי החברה מכסים ארבעה תחומים עיקריים: תכשיטים, שעונים, אביזרים ואופנה.

באנר של Richemont
באנר של Richemont

שעונים הם רק אחד מתחומי העסקים של החברה, שכן הקבוצה מכסה טבק, אופנה, מוצרי עור, כלי כתיבה וכו'. מותגי השעונים של Richemont הם בעיקר מהשורה הראשונה ותואמים לגרמנית, שוויצרית, איטלקית וצרפתית מותגים.

Richemont מחשיבה את עצמה כמובילה בשעונים מסיבה טובה, עם נתח שוק שני רק לקבוצת Swatch. Vacheron Constantin, Jaeger-LeCoultre, Panerai, Cartier ו-Universal הם בעלי חשיפה גבוהה מאוד, בעוד ש-Jaeger-LeCoultre עבור הקבוצה מספקת כמה תנועות ותמיכה טכנית,

פיאז'ה היה הפיתוח המוקדם ביותר של היצרנים השוויצרים של תנועות קוורץ אלקטרוניות, אך היצרנים הבודדים של שוויץ ממשיכים לייצר תנועות קוורץ בתחום התנועה כדי להתמחות בתנועה דקה במיוחד., בסגנון הגרמני הייחודי של פיאז'ה וייצור לוח השנה התמידי ב- התעשייה גם מאוד מפורסמת! הסגנון הגרמני הייחודי של פיאז'ה וייצור לוח השנה התמידי של פיאז'ה מפורסמים גם הם בתעשייה.

קטגוריות richemont
קטגוריות של Richemont
קבוצת Richemont מחזיקה בכמה מותגי שעונים יוקרתיים, כולל:
  • קרטייה
  • IWC שאפהאוזן
  • ייגר-להקולטר
  • פנראי
  • פיאז'ה
  • ואשרון קונסטנטין
  • מונבלאן
  • באום & מרסייר
  • רוג'ר דובוס
  • ואן קליף & ארפלס (ידוע גם בתכשיטים)
מותגים אלה ידועים באומנות וביוקרה שלהם בתעשיית השעונים.

2. Rolex

תצוגת דף הבית של rolex
תצוגת דף הבית של רולקס

מוכר אוניברסאלי, רולקס הוא שם נרדף ליוקרה ואמינות בקביעת זמן. היא נשארה חברה עצמאית עם מוניטין של אומנות איכותית ועיצובים איקוניים כמו Submariner, Daytona ו-Oyster Perpetual.

קבוצת רולקס מחזיקה בעיקר בשני מותגי שעונים:
  • רולקס
  • טיודור

שני המותגים מחזיקים במוניטין ובמיקום יוקרתי מאוד בשוק השעונים העולמי.

 

3. LVMH (Louis Vuitton Moët Hennessy)

LVMH היא קבוצת מוצרי היוקרה הגדולה בעולם, שהוקמה בשנת 1987 על ידי המיזוג של ברנרד ארנו של לואי ויטון, חברת מוצרי העור המפורסמת בעולם, ו-Moët Hennessy, משפחת היין, עם יותר מ-50 מותגים.

עוסקת בתחומים כמו משקאות חריפים, אופנה, מוצרי עור, קוסמטיקה, שעונים ותכשיטים, קבוצת LVMH היא יצרנית השעונים הרביעית בגודלה בעולם.

בהשוואה ל-Richemont ו-Swatch Group, המיקוד העיקרי של LVMH אינו בתעשיית השעונים, וגם אם זה רק ענף של העסק שלהם, הם הצליחו לקפוץ לארבע הקבוצות המובילות

LVMH, שנוסדה ב-1987, עומדת כקונגלומרט יוקרה עולמי עם מוניטין שאין שני לו עבור מוצרי פרימיום. LVMH הוא קונגלומרט של מותגי יוקרה, הידוע במותגי האופנה, התכשיטים והשעונים האייקוניים שלו כמו לואי ויטון, TAG Heuer ובולגרי.

LVMH משלבת אומנות מסורתית עם חדשנות עכשווית, ומציעה מגוון של שעונים הנותנים מענה לטעמים והעדפות מגוונות. עם התמקדות בבלעדיות ובאיכות יוצאת דופן, השעונים של LVMH משקפים לעתים קרובות את המהות של אלגנטיות נצחית.

שעונים ממותגי LVMH מוצבים לרוב כמוצרים יוקרתיים, המשלבים חומרים יקרים, טכנולוגיית שעונים מתקדמת ועיצוב מוקפד.

lvmh קטגוריות של שעונים
מותגי השעונים בבעלותן של קבוצות שונות ושנות הקמתן, לרבות אלו המתמקדים בעיקר בייצור שעונים וכן אלו המוכרים בשעוני אופנה, הם כדלקמן:
  • Hublot: הובלוט, שנוסדה בשנת 1980, ידועה בשימוש החדשני שלה בחומרים ובפילוסופיית עיצוב ייחודית.
  • זֵנִית: נוסדה בשנת 1865, זניט ידועה בדייקנות ובאומנות שלה בייצור שעונים.
  • Tag Heuer: TAG Heuer, שהחלה בשנת 1860, מפורסמת בזכות הקשרים שלה למירוצי מכוניות ושעוני כרונוגרף.
  • שעוני דיור: למרות שדיור, שנוסדה ב-1946, ידועה בעיקר באופנה יוקרתית, חטיבת השעונים שלה יוצרת שעונים אופנתיים המשלימים את קווי הלבוש שלה.
  • פרד: פרד, שנוסד בשנת 1936 כמותג תכשיטים, כולל גם שעונים המשלבים אומנות תכשיטים עם שמירת זמן.
  • צ'אומט: הוקם בשנת 1780, Chaumet, בית תכשיטים, מציע שעונים יוקרתיים המציגים את המורשת שלו במצוינות תכשיטים.
  • Bvlgari: מאז 1884, Bvlgari מוכרת בזכות התכשיטים הנועזים שלה ומציעה גם שעונים המשקפים את הסגנון היוקרתי שלה.
תיקונים ופרטים נוספים:
  • דיור נוסדה ב-1946, לא ב-1985.
  • לואי ויטון (LV), שהוזכרה בתחקיר, ידועה במוצרי יוקרה, לרבות מוצרי אופנה ועור, והתרחבה לשעונים. הוא נוסד בשנת 1854.
  • מותגים כמו Dior, LV, Bvlgari ואחרים שהזכרת מגוונים את מורשת היוקרה שלהם הן באמצעות תכשיטים יוקרתיים והן שעוני אופנה שנועדו להשלים את בחירות המלתחה, ומסמנים אותם כחלקים אופנתיים עם התמקדות באפלה אסתטית.
בסך הכל, בעוד Hublot, Zenith ו-TAG Heuer מתמקדים בעיקר במלאכת ייצור השעונים, מותגים כמו Dior, Bvlgari ו-Chaumet מצטיינים ביצירת שעונים המשמשים הצהרות אופנתיות, המשלבים את המורשת שלהם בפאר עם אלגנטיות פונקציונלית.
מותגי השעונים של LVMH נעים בין השכבה האמצעית ליוקרתית במיוחד, כאשר מחירים משתרעים על קשת רחבה כדי לתת מענה למגזרי יוקרה שונים.

 

4. Swatch Group

בשנת 1985, ניקולס ג'י האייק האגדי, לאחר ארגון מחדש של Asuag ו-SSIH במשך יותר מארבע שנים, הוביל בסופו של דבר למיזוג שתי חברות השעונים ליצירת קבוצת Swatch.

קבוצת Swatch היא יצרנית ומפיצת השעונים הגדולה בעולם, וקבוצת מוצרי היוקרה היחידה שמתמחה בשעונים. לקבוצת Swatch יש 160 מרכזי ייצור ברחבי העולם ומהווה 25% משוק השעונים העולמי במונחים של מכירות קמעונאיות.

Swatch Group עיצבה מחדש את תעשיית השעונים באמצעות סל המותגים המגוון שלה. קבוצת Swatch עם מספר קבוצות גדולות היא שונה, עבור כל מיני אנשים להשיק נקודת מחיר שונה של המותג, היא ידועה במגוון השעונים הזולים והמסוגננים שלה, כגון Tissot, Medo, Longines to go is the pro-people מַסלוּל. מקיף מותגים, מ-Swatch שובב ועד לדיוק של אומגה והיוקרה של Breguet, Swatch Group מכסה קשת רחבה.

הקבוצה הידועה במומחיות הטכנית שלה ובמורשת השעונים השוויצרית, דחפה בעקביות את גבולות החדשנות תוך שמירה על חיבור חזק למסורת.

הוא פונה הן לצרכנים המודעים לאופנה והן לצרכנים בעלי אוריינטציה ספורטיבית, ומציע שילוב של נקודות מחיר וסגנונות.

להלן מותגי השעונים:
  1. אוֹמֶגָה
  2. ברגה
  3. בלנקפיין
  4. ז'קט דרוז
  5. Glashutte מקורי
  6. ליאון חתות
  7. דוּגמַת אָרִיג
  8. לונגינס
  9. ראדו
  10. טיסו
  11. קלווין קליין
  12. סרטינה
  13. מידו
  14. המילטון
  15. פייר בלמיין
  16. פלאק פלאק
  17. לאקו
  18. ארוגים

Tissot מציעה איזון בין סגנון ובמחיר סביר, ומושכת את אלה שמחפשים שעונים שוויצרים איכותיים. לונגינס, עם המורשת והאלגנטיות שלו, פונה לקהל קלאסי ומתוחכם יותר. בגזרת היוקרה, אומגה וברגה מייצגות את פסגת השעונים השוויצרית.

סווטש מתמחה במגוון שעונים, כולל שעוני סווטש צבעוניים ושובבים, שעוני Tissot קלאסיים ושעוני יוקרה יוקרתיים תחת מותגים כמו אומגה ולונגינס.

  • Swatch מציעה מגוון רחב של נקודות מחיר, החל משעוני Swatch במחירים סבירים ועד שעוני יוקרה יוקרתיים של מותגים כמו אומגה.

 

חדשנות וטכנולוגיה של ענקי 4 השעונים

ריצ'מונט

להלן סקירה כללית של האופן שבו חדשנות וטכנולוגיה ממלאות תפקיד בתוך Richemont והמותגים שלה:
  1. חדשנות חומרים: מותגי Richemont ידועים בחקר ואימוץ חומרים מתקדמים. לדוגמה, IWC Schaffhausen שילבה את השימוש ב-Ceratanium® במארזי השעונים שלהם, תוך שילוב המאפיינים הטובים ביותר של טיטניום וקרמיקה כדי להציע עמידות יוצאת דופן ועמידות בפני שריטות. באופן דומה, Panerai הציגה חומרים כמו Carbotech™ ו-BMG-Tech™, מה שדוחף את המעטפת מבחינת אסתטיקה, עמידות ותכונות קלות משקל.
  2. חידושים הורולוגיים: מותגי Richemont היו חלוצים בפיתוח חידושים הורולוגיים לשיפור הדיוק, הפונקציונליות והאמינות של השעונים שלהם. לדוגמה, הפיתוח של קרטייה של שעון המסתורין ותנועות המסתורין האחרונות שלו בשעונים שבהם נראה שהמחוגים מרחפים ללא כל קשר לתנועה הם מעללי הנדסה. ה-Gyrotourbillon של Jaeger-LeCoultre מציע טורבילון רב צירי המפצה על שגיאות בשמירה על זמן עקב כוח המשיכה בכל העמדות.
  3. מאמצי קיימות: בכל הפורטפוליו שלה, Richemont שילבה יותר ויותר קיימות באסטרטגיית החדשנות שלה. מותגים כמו ואן קליף & ארפלס וקרטייה מחויבות לחומרים שמקורם באחריות, כולל יהלומים וזהב. מאמצים אלה מתרחבים להפחתת ההשפעה הסביבתית באמצעות תהליכי ייצור יעילים באנרגיה ופתרונות אריזה ברי קיימא.
  4. טרנספורמציה דיגיטלית: Richemont אימצה באופן פעיל חדשנות דיגיטלית כדי לשפר את חוויות הלקוחות ואת היעילות התפעולית. זה כולל פיתוח פלטפורמות מסחר אלקטרוני מתקדמות, שימוש במציאות מדומה (VR) ומציאות רבודה (AR) בהצגת מוצרים ושירות לקוחות, ואימוץ טכנולוגיית בלוקצ'יין לאימות מוצרים ושקיפות שרשרת האספקה. רכישת פלטפורמות מקוונות כמו Watchfinder & Co. משקף את האסטרטגיה של Richemont לחזק את מעמדה במרחב הדיגיטלי.
  5. מחקר & התפתחות: באמצעות ר מסור&D מאמצים, מותגי Richemont מטפחים חדשנות ביצירת שעונים ותכשיטים. זה כולל המצאת תנועות מכניות חדשות, פיתוח של הגדרות חדשניות של תכשיטים המציעות גם משיכה אסתטית וגם פונקציונליות, וחקירה של טכניקות ייצור מתקדמות.
  6. שיתופי פעולה ושותפויות: Richemont עוסקת בשיתופי פעולה ושותפויות עם חברות טכנולוגיה וסטארטאפים כדי לחקור אפיקים חדשים לחדשנות. בין אם זה באמצעות שילוב של טכנולוגיה חכמה בייצור שעונים מסורתי או חקר טכנולוגיות קמעונאיות חדשות, שיתופי הפעולה הללו שומרים על ריצ'מונט בחזית החדשנות במגזר היוקרה.
  7. Watchfinder & שיתוף.: מתוך זיהוי הפוטנציאל בשוק השעונים הקודמים, Richemont רכשה את Watchfinder & Co., הממנפת ניתוח נתונים ופתרונות טכנולוגיים לאימות ושיפוץ שעונים בבעלות קודמת, תוך הבטחת איכותם ואמינותם.
הגישה של Richemont לחדשנות וטכנולוגיה מדגימה מחויבות לשימור אומנות מסורתית תוך אימוץ טכנולוגיות ופרקטיקות מודרניות. איזון זה מבטיח שריצ'מונט והמותגים שלה יישארו מובילים בתעשיית מוצרי היוקרה, ומנציחים מורשת של מצוינות, קיימות וחדשנות.

 

רולקס

רולקס זוכה להכרה רחבה בזכות תרומתה המשמעותית לחדשנות וטכנולוגיה בתעשיית השעונים. לאורך ההיסטוריה שלה, רולקס הציגה כמה התקדמות ותכונות טכנולוגיות שקבעו סטנדרטים בתעשייה ואישרו את המוניטין שלה באיכות ואמינות. חלק מהחידושים הללו כוללים:

 

  1. מארז צדפות (1926): Rolex introduced the world’s first waterproof wristwatch case called theOyster.This innovation provided the watch with superior protection against water and dust, greatly enhancing durability and reliability.
  2. תנועה תמידית (1931): רולקס חשפה את מנגנון שעון היד המתפתל מעצמו הראשון עם רוטור תמידי. טכנולוגיה זו אפשרה לשעון להיות מופעל על ידי תנועות העונד, ומבטלת את הצורך בפיתול ידני.
  3. Datejust (1945): Rolex Datejust היה שעון היד הראשון שהציג פונקציית תאריך שהשתנתה אוטומטית בחצות. חידוש זה היה משמעותי שכן הוא שיפר את הנוחות והפונקציונליות של שמירת זמן.
  4. Submariner (1953): ה-Rolex Submariner הוצג כשעון היד הראשון העמיד למים לעומק של 100 מטר (330 רגל). במהלך השנים, רולקס המשיכה לשפר את הטכנולוגיה העמידות למים שלה, כאשר כמה דגמים אטומים למים עד לעומק של 3900 מטר (12,800 רגל).
  5. GMT-Master (1955): ה-GMT-Master פותח כדי לענות על הצרכים של טייסים בינלאומיים. הוא כלל מחוג רביעי לתצוגה של 24 שעות ולוח מסתובב, המאפשר ללובשים לקרוא את השעה בשני אזורי זמן שונים בו זמנית.
  6. יום-תאריך (1956): רולקס הציגה את שעון היד הראשון שהציג גם את התאריך וגם את היום בשבוע בצורה מלאה. זה היה שימושי במיוחד עבור פעילויות עסקיות ודיפלומטיות בינלאומיות.
  7. אויסטרקוורץ (שנות ה-70): בתגובה למשבר הקוורץ, רולקס פיתחה תנועות קוורץ משלה עבור דגמי ה-Oysterquartz. אלה היו כמה משעוני הקוורץ המדויקים ביותר בשל תנועות הקוורץ האיכותיות שלהם.
  8. חדשנות חומרים: רולקס הצטיינה גם בחדשנות חומרים, ופיתחה סגסוגות משלה כגון פלדת אל חלד 904L, המציעה עמידות גבוהה יותר בפני קורוזיה, ו-Rolesor, שילוב של פלדה 904L וזהב 18 קראט. בנוסף, רולקס פיתחה לוחות Cerachrom, העשויות מחומר קרמי קשיח ועמיד בפני שריטות ודהייה.
  9. Parachrom Hairspring ו- Paraflex בולם זעזועים: רולקס פיתחה את קפיץ השיער של Parachrom, בעל עמידות גבוהה בפני זעזועים ושדות מגנטיים, מה שמשפר את הדיוק והאמינות של התנועה. בולם הפראפלקס מגביר את התנגדות הזעזועים של התנועה.
המחויבות של רולקס לחדשנות היא היבט מרכזי במורשת שלה, דוחפת ללא הרף את הגבולות של מה שאפשרי בייצור שעונים כדי לשפר את הדיוק, העמידות והפונקציונליות.

LVMH

LVMH’s commitment to innovation is evident through its watch brands that push the boundaries of technology. TAG Heuer’sConnectedseries exemplifies LVMH’s foray into smartwatches, seamlessly merging luxury with digital functionality.

Zenith’sDefyline showcases advancements in precision through high-frequency movements, while Hublot’sArt of Fusionphilosophy combines traditional watchmaking with avant-garde materials like ceramic, carbon, and sapphire. These innovations reinforce LVMH’s position as a trailblazer in merging luxury with cutting-edge technology.

המותגים של LVMH, כמו TAG Heuer, ידועים בחדשנות, המשלבים חומרים וטכנולוגיות מתקדמות כמו טורבילונים וכרונוגרפים בשעוני היוקרה שלהם.

 

קבוצת סווטש

Swatch Group’s emphasis on innovation can be seen through its advancements in materials and movements. Swatch’s playful designs are complemented by innovations in lightweight plastic cases and creative dial designs. Omega’sMaster Chronometercertification highlights the precision and anti-magnetic properties, while Breguet’s technical prowess includes high-frequency movements and intricate tourbillons.

החידושים הטכנולוגיים של קבוצת Swatch מחזקים את המוניטין של ייצור השעונים השוויצרי עבור דיוק ואמינות.

Swatch ידועה בהחדרת חומרים וטכנולוגיות חדשניות, כולל תנועות אוטומטיות, עיצובים צבעוניים ומהדורות מוגבלות.

בדוק באתר האינטרנט שלהם כדי לקבל מידע נוסף: https://www.swatchgroup.com/en/swatch-group/innovation-powerhouse

כל אחד ממובילי תעשיית השעונים הללו מפגין גישה ברורה לחדשנות וטכנולוגיה, המשפיע על התפתחות ההורולוגיה על ידי אימוץ חומרים, תנועות ופונקציות חדשות.

 

נוכחות בשוק מבין 4 הענקים שעונים (אסטרטגיות קמעונאות והפצה)

בדוק את הנוכחות בשוק העולמי של כל חברה, כולל נתח שוק, טווח הגעה גיאוגרפי והשפעתם על תעשיית השעונים.

בדוק כיצד כל חברה ניגשת להפצה ולקמעונאות, לרבות הנוכחות המקוונת שלה, חנויות פיזיות ומעורבות עם צרכנים.

ריצ'מונט

 

רולקס

 

 

LVMH

מותגי שעוני היוקרה של LVMH מפעילים גישת הפצה סלקטיבית, המתמקדת בחוויות בוטיק יוקרתיות. חנויות דגל במקומות מובילים בעולם מספקות שירות מותאם אישית וקולקציות שעונים בלעדיות. סוחרים מורשים משקפים גם את התדמית היוקרתית של המותג, מה שמבטיח חווית קמעונאות יוקרתית אחידה.

עם רשת הבוטיק העולמית שלה וקמעונאים נבחרים, הנוכחות של LVMH משתרעת על פני ערים גדולות ומקומות קניות מהשורה הראשונה. המטמון של הקבוצה מקרין מעבר לשעונים, ומעצים את הפיתוי שלה בכל מגזרי היוקרה והאופנה.
יש 36 חנויות ובוטיקים של זניט בסין
חנויות Tag Heuer בכל רחבי העולם

קבוצת סווטש

קבוצת Swatch מאמצת גישת הפצה רב-שכבתית כדי לתת מענה לפלחי שוק שונים. למותגים כמו Swatch יש נוכחות קמעונאית רחבה, עם חנויות עצמאיות במרכזי קניות ובאזורים עתירי תנועה.

אומגה, לונגינס וטיסו מקיימות שילוב של בוטיקים וסוחרים מורשים, ומציעים ללקוחות הזדמנות לחקור את היצע המותג במסגרות מגוונות. אסטרטגיה זו מאפשרת ל-Swatch Group לאזן בין חוויות בוטיק יוקרתיות לבין נגישות רחבה יותר.

נוכחות השוק של קבוצת Swatch מאופיינת בפורטפוליו מגוון של מותגים הפונה לפלחי שוק שונים. למותג Swatch הנגיש יש טווח הגעה רחב, עם חנויות במרכזים עירוניים וקניונים, המכוונות לאנשים מודעים לאופנה.

ללונגינס ולטיסו יש טביעת רגל עולמית, הפונה למי שמחפש איכות שוויצרית בנקודות מחיר שונות. הקשר של אומגה לספורט, חקר חלל ואירועים מתוקשרים מחזק את מעמדה בשוק שעוני היוקרה.

These companiesdiverse strategies contribute to their distinct market presences, ranging from luxury exclusivity to widespread accessibility, each catering to different consumer demographics and preferences.

Brand Image מבין 4 הענקים שעונים

LVMH:

מותגי השעונים של LVMH מאופיינים במחויבותם ליוקרה ואלגנטיות. פילוסופיית העיצוב סובבת סביב אסתטיקה נצחית, אומנות מעולה ותשומת לב לפרטים. TAG Heuer מגלם ספורטיביות ודיוק, לעתים קרובות משלבת אלמנטים נועזים ודינמיים בעיצובים שלה.

זניט לוכדת תחכום קלאסי באמצעות הקווים הנקיים והחוגות המעודנות שלה. Hublot’s avant-gardeArt of Fusionapproach merges traditional watchmaking with modern materials, resulting in bold, statement-making timepieces. Overall, LVMH’s watch brands convey an image of opulence and exclusivity.

Hublot משתמש בזהב 18 קראט לייצור שעון

מותגי השעונים של LVMH מזוהים עם יוקרה, יוקרה ותחושת מורשת. הם פונים לצרכנים המחפשים מעמד ואלגנטיות.

 

קבוצת דוגמיות:

תדמית המותג של קבוצת Swatch משתנה על פני הפורטפוליו המגוון שלה. Swatch מייצג יצירתיות צבעונית ומחיר סביר, פונה למודעי אופנה ולצעירים בנפשם.

Tissot מציגה שילוב של סגנון וערך, ומספקת את אלה שמחפשים שעונים שוויצרים איכותיים ללא תג מחיר יוקרתי.

לונגינס משדרת אלגנטיות ומורשת, המשקפת אסתטיקה קלאסית עם מגע של מודרניות.

אומגה מסמלת דיוק, חדשנות וחיבור לחקר ולאירועים איקוניים כמו אולימפיאדה ומשימות חלל.

Breguet מגלם אלגנטיות נצחית ואומנות מורכבת, פונה לאניני האומנות ההורולוגית.

Swatch היא שם נרדף לעיצובים צבעוניים ושובבים, הפונה לצרכנים המחפשים שעונים סבירים אך מסוגננים.

 

תיק מותגים מבין 4 הענקים שעונים

דון במותגי השעונים השונים בבעלות כל קונגלומרט, תוך הדגשת הייחודיות והאינדיבידואליות של כל מותג תחת המטריה הגדולה יותר.

LVMH

חטיבת השעונים של LVMH כוללת מגוון של מותגים יוקרתיים, כל אחד עם זהות ומשיכה משלו.

  1. Tag Heuer, ידוע בזכות הדיוק והאסתטיקה הספורטיבית שלו, פונה לחובבי ספורט מוטורי ואתלטיקה.
  2. זֵנִית, מגדלור של מצוינות בעשיית שעונים שוויצרית, מציע שעונים קלאסיים ומעודנים לאוהבי אלגנטיות נצחית.
  3. Hublot, הידוע במיזוגו של חומרים יוקרתיים ומודרניים, מושך את תשומת הלב עם העיצובים הנועזים והאוונגרדיים שלו.

המותגים הנבדלים הללו בפורטפוליו של LVMH פונים לקהל מגוון, מכסים העדפות סגנון ורמות יוקרה שונות.

 

קבוצת דוגמיות:

תיק המותגים של קבוצת Swatch הוא סימפוניה של גיוון, הפונה לקשת רחבה של צרכנים. סווטש, שנחגגה בזכות העיצובים הצבעוניים והזולים שלה, כובשת את השוק הצעיר והאופנתי.

  1. טיסו יוצר איזון בין סגנון וערך, פונה למי שמחפש שעונים שוויצרים איכותיים.
  2. לונגינס מגלם אלגנטיות נצחית עם מגע מודרני, מכוון לאנשים שמעריכים תחכום קלאסי.
  3. אוֹמֶגָה, עם מורשתו של דיוק וחדשנות, פונה לחובבי יוקרה, בעוד Breguet מייצג אומנות הורולוגית ומורשת עבור אניני טעם המחפשים יצירות מופת אמנותיות.

 

לסיכום, LVMH, Fossil ו-Swatch נותנים מענה לפלחונים שונים בשוק השעונים, עם מיצוב מותג, טווחי מוצרים ונקודות מחיר משתנות. הבנת ההבדלים הללו יכולה לעזור לך למקם את עסק ייצור השעונים שלך ביעילות בתוך הנוף הרחב יותר של תעשיית השעונים.

 

שיתופי פעולה ושותפויות משפיעים מבין 4 הענקים שעונים

הצג שיתופי פעולה ושותפויות בולטים שסייעו לחברות אלו להשיג נראות ולהתחבר לפלחי צרכנים שונים.

LVMH (מואט הנסי לואי ויטון): מותגי השעונים של LVMH עסקו בשותפויות המשלבות יוקרה עם תעשיות שונות.

Tag Heuer שיתפו פעולה עם אינטל וגוגל כדי ליצור את השעון החכם TAG Heuer Connected, הממזג אומנות שוויצרית עם טכנולוגיה חדשנית.

Hublot שיתף פעולה עם פרארי, והביא לשעונים המגלמים את רוח המירוצים בעלי הביצועים הגבוהים.

זֵנִית חגגה 50 שנה לתנועת El Primero האיקונית בשיתוף פעולה עם בית המכירות הפומביות פיליפס, ויצרה סדרת שעונים במהדורה מוגבלת שמיזגה מורשת הורולוגית עם משיכה לאספנות.

קבוצת דוגמיות: אוֹמֶגָה יש היסטוריה סיפורית של שיתופי פעולה, בעיקר עם נאס"א עבור שעון הירח שנענד במהלך נחיתות הירח. השותפות של המותג עם זיכיון הסרטים של ג'יימס בונד חיזקה את הקשר שלו עם תחכום וגאדג'טים ראויים לרגל.

לונגינס הוא שומר הזמן הרשמי לאירועי סוסים ושיתף פעולה עם עולם הרכיבה באמצעות תחרויות שונות. השותפות של טיסו עם ה-NBA משקפת את מחויבותה לדיוק וספורטיביות, בייצור שעונים במהדורה מיוחדת עבור חובבי כדורסל.

שיתופי פעולה ושותפויות משפיעים אפשרו לחברות אלו להתחבר לתעשיות שונות, להרחיב את טווח המותג שלהן ולהציע שעונים ייחודיים במהדורה מוגבלת שתופסים את המהות של שיתופי הפעולה שלהם.

 

 

יוזמות קיימות

חקור את מאמצי הקיימות של מנהיגי התעשייה הללו, כולל הגישות שלהם למקורות אחראיים, שיטות ייצור והשפעה סביבתית.

 

LVMH (מואט הנסי לואי ויטון):

LVMH places emphasis on sustainability across its watch brands. TAG Heuer introduced theGreen Heuerinitiative, focusing on reducing the brand’s carbon footprint and incorporating eco-friendly materials. Zenith prioritizes responsible sourcing of materials, aiming to minimize environmental impact.

Hublot מחויבת לרכישת זהב אתית ולתהליכי ייצור בר קיימא. המחויבות הכוללת של LVMH לקיימות ניכרת במאמציה להפחית את הפסולת, צריכת האנרגיה וטביעת הרגל הסביבתית לאורך ייצור השעונים שלה.

 

קבוצת דוגמיות:

קבוצת Swatch משלבת קיימות במותגי השעונים שלה באמצעות יוזמות שונות. אומגה מעורבת באופן פעיל במאמצי שימור ימי, תוך שיתוף פעולה עם ארגונים כמו קרן GoodPlanet. Tissot מתמקדת בייצור אחראי ובאריזה בת קיימא, בעוד שללונגינס יש יוזמות לתמיכה בספורט סוסים ורווחת בעלי חיים.

המחויבות של קבוצת Swatch לקיימות ניכרת בהשתתפותה בפרקטיקות אתיות ובדחף שלה לתרום באופן חיובי לחברה ולסביבה.

חברות אלה עוסקות באופן פעיל ביוזמות קיימות, ומוכיחות את מחויבותן לאחריות סביבתית ולנהלים אתיים בתעשיית השעונים.

 

תפיסת צרכנים ונאמנות:

דון במוניטין של כל חברה בקרב הצרכנים, בנאמנות למותג ובגורמים התורמים לערכה הנתפס בשוק.

 

LVMH (מואט הנסי לואי ויטון):

מותגי השעונים של LVMH הם שם נרדף ליוקרה, איכות ויוקרה. המחויבות של הקונגלומרט לאומנות, חדשנות ובלעדיות מטפחת תפיסה של שפע ותחכום.

לקוחות נאמנים נמשכים למורשת המותג ולסיפורים הייחודיים מאחורי כל שעון. הבלעדיות של בעלות על שעון LVMH תורמת לנאמנות חזקה למותג בקרב חובבי יוקרה שמעריכים את האומנות וההיסטוריה שכל מותג מגלם.

 

קבוצת דוגמיות:

הפורטפוליו המגוון של קבוצת Swatch מאפשר לה לתת מענה למגוון רחב של צרכנים, וליצור דרגות שונות של נאמנות. Swatch לוכדת קהל צעיר ואוהב כיף, ומטפחת נאמנות באמצעות העיצובים המשובבים שלה. אומגה ולונגינס מטפחים נאמנות בקרב חובבים שמעריצים את הדיוק והמורשת השוויצרית.

החיבור של טיסו עם ספורט ושל Breguet עם שליטה הורולוגית תורם לעוקבים נאמנים בקרב קבוצות עניין ספציפיות.

 

ביצועים פיננסיים:

LVMH (מואט הנסי לואי ויטון):

LVMH מרוויחה כסף טוב ממותגי השעונים היוקרתיים שלה, מה שמראה שהיא שחקן גדול בשוק היוקרתי.

דגשים פיננסיים של LVMH 2022,

שעוני יוקרה ממשיכים להימכר היטב, ועוזרים ל-LVMH להישאר חזקה כלכלית, הודות לשילוב של מותגי שעונים מפוארים ומוצרי יוקרה אחרים.

 

קבוצת דוגמיות:

הביצועים הפיננסיים של קבוצת Swatch קשורים קשר הדוק לפורטפוליו המותגים המגוון שלה ולטווח הגלובלי שלה. הדוחות הכספיים של החברה חושפים תמהיל של מקורות הכנסה, החל מרמת הכניסה לשעוני יוקרה.

דוח כספי של swatch 2022

הורד קבוצת סווטש – Annual Report 2022 מכאן

גם עם עליות ומורדות בשוק, Swatch Group עושה טוב כי היא מוכרת שעונים קלאסיים וטרנדיים גם לסוגים שונים של לקוחות. זה עוזר להם להישאר יציבים בתעשייה.
האופן שבו חברות אלו מצליחות מבחינה כספית תלויה במגמות בשוק, מה הלקוחות רוצים, ועד כמה הם יכולים להתעדכן בשינויים ורעיונות חדשים בעסקי השעונים.

Outlook עתידי

LVMH (מואט הנסי לואי ויטון):

התחזית העתידית של LVMH בתעשיית השעונים נותרה מבטיחה שכן היא ממשיכה למנף את המורשת והחדשנות היוקרתית שלה.

המחויבות של הקונגלומרט לקיימות, יחד עם הדגש שלו על אומנות, מציבה את מותגי השעונים שלו כדי להדהד עם צרכני יוקרה מודעים לסביבה. השילוב של טכנולוגיה ומסורת, יחד עם תיק המותגים האייקוניים שלה, צפויים לשמור על הנוכחות החזקה של LVMH בשוק שעוני היוקרה המתפתח.

 

קבוצת סווטש

התחזית העתידית של קבוצת Swatch מאופיינת ביכולתה לאזן בין מסורת לחדשנות. ככל שהשעונים החכמים צוברים פופולריות, הפורטפוליו המגוון של הקבוצה מאפשר לה לתת מענה לקהל רחב יותר, כולל אלו המחפשים טכנולוגיה לבישה.

המשך שותפויות ושיתופי פעולה, יחד עם התמקדות בקיימות, צפויים לתרום לרלוונטיות של Swatch Group בתעשיית השעונים.

בדוק חזונות של קבוצות Swatch: https://www.swatchgroup.com/en/swatch-group/swatch-group-history

 

 

קבוצות צפייה אחרות

קבוצת מאובנים

נוסד בשנת 1984, עם היסטוריה של 31 שנים, המותג מתמקד בייצור שעוני אופנה ברמת הכניסה במחירים נוחים. אסטרטגיה זו צברה בסיס לקוחות עצום, ושולטת בחלק ניכר משוק השעונים. מטה החברה בריצ'רדסון, טקסס, מתמחה ביצירת שעונים, תכשיטים, משקפי שמש, ארנקים ועוד.

היכולת שלהם למזג סגנון, טכנולוגיה ובמחיר סביר הבטיחה נוכחות מתמשכת בתעשייה, תוך שמירה על רלוונטיות עם צרכנים בעלי ידע טכנולוגי באמצעות שעונים חכמים ופרקטיקות ברות קיימא.

אֶזרָח

ל-Citizen יש עמדה חזקה בייצור שעונים, הודות לטכנולוגיית Eco-Drive הייחודית המופעלת על ידי שמש. טכנולוגיה זו הופכת את השעונים שלהם לפופולריים הן בשל העלות והן באיכותם, ומציעה ערך רב. למרות שרבים רואים ב-Citizen מותג לשעוני יומיום, מומחים בתעשייה יודעים שהם מציעים הרבה יותר, כולל טכנולוגיה מתקדמת.

 

המותג התרחב על ידי השתלטות על חברות אחרות. ב-2005 היא רכשה את MIYOTA, הידועה בתנועות השעונים שלה, וב-2008 היא רכשה את חברת Bulova האמריקאית, והפכה למובילה בשעוני קוורץ. לאחר מכן, האזרח עבר לשוק השוויצרי בשנת 2012 על ידי רכישת המותג השוויצרי Angelus ויצרנית התנועה La Joux-Perret, כמו גם ארנולד & בן צופה. בשנת 2016, סיטיזן גדלה שוב על ידי רכישת המותג Frederique Constant, יחד עם Alpina ודמונקו.

 

כיום קבוצת Citizen כוללת מותגים ומוצרים כמו שעוני Citizen, Frederique Constant, Bulova, Arnold & תנועות בן, אלפינה, אנג'לוס, דמונקו, MIYOTA ותנועות לה ז'וקס-פר.

קבוצה יבשה

נוסדה ב-1963 על ידי פרנסואה פינו כחברת חומרי בניין, קרינג הפכה לקבוצת יוקרה בשנות ה-90, והעבירה את המיקוד למוצרי יוקרה עם רכישות מפתח כמו גוצ'י ב-1999, ואחריה איב סן לורן, בוטגה ונטה ובאלנסיאגה. קרינג מעריכה אומנות, בולטת ברכישת השענים ההיסטוריים ז'ירארד-פרגו ויוליסה נרדין.

קרינג, הידועה במחויבותה לקיימות ואחריות תאגידית, תחת היו"ר והמנכ"ל פרנסואה-אנרי פינו, מדגישה חדשנות דיגיטלית ושיטות עסקיות אתיות, וממצבת את עצמה כמובילה במגזר היוקרה עם השפעה רחבה יותר על התפתחויות תרבותיות וחברתיות.

קבוצת SEIKO

תחומי העסקים של Seiko Holdings Corporation כוללים ייצור והפצה של שעונים, תנועות ורכיבים אלקטרוניים ברחבי העולם. בשנת 1969, Seiko הציגה את שעון הקוורץ האנלוגי הראשון בעולם, שכמעט הרס את כל תעשיית השעונים השוויצרית המסורתית. נכון לעכשיו, בבעלותה מותגי שעונים כמו Seiko, Grand Seiko, Credor, Pulsar, Lorus, Alba ו- Orient Star, כמו גם מותגי תנועה כמו SII ו- Epson.

קבוצת תנועה

קבוצת Movado, שנוסדה בשנת 1983, היא מעצבת, יצרנית ומפיצה של שעונים מוערכת. הם מקיפים מגוון של מותגים כמו Movado היוקרתי, הידוע בזכות ה-Museum Watch האייקוני שלו שהיה חלוץ האסתטיקה המינימליסטית בעיצוב השעונים; Ebel, שנחגג על הקווים האדריכליים שלו; ו-MVMT, שפונה לקהל מודע יותר לתקציב, אופנתי פורוורד.

הם פועלים בקנה מידה עולמי, ומספקים שילוב אקלקטי של שעונים שנעים בין יוקרה יוקרתית להצהרות אופנה נגישות. הקבוצה בנתה מוניטין של גיוון אסטרטגי של המותגים, המאפשרת לה לגעת בפלחי שוק שונים של שוק השעונים תוך שמירה על מחויבות איתנה לאיכות ועיצוב בכל סל המותגים שלה.

מחשבות אחרונות

מכיוון שהמותגים הללו תופסים את רוב נתח השוק של תעשיית השעונים, הם שם כדי לעזור לנו לבחון את השוק, ויש להם משאבים פיננסיים, אנושיים וחומריים חזקים לעשות מחקרי שוק, אז מחלק מהמותגים הללו הדוח השנתי של עיתון יומי, זה יכול לעזור לנו להבין מה החברות הרשומות בשנה האחרונה עשו?

איך היו ביצועי המכירות של המוצרים?

איך הרווח?

מהם השינויים בנוף התחרותי הפנימי והחיצוני?

מהי ההתפתחות העתידית? אילו מוצרים חדשים יהיו?

זכרו "במבט לאחור, מסתכל קדימה", עקבות אחר צעדיהם של מותגים גדולים, נצעד מהר יותר ויציב יותר!

 

LVMH Statisca Dossier: Global Trends & Financial Performance 2022

We analyzed the LVMH group in our brief explanation of the top 4 watch giants companies, now let’s analyze some of the lvmh group.

First, let’s look at the global market

01 Market Overview

Value of various global luxury markets in 2022, by market type (in billion euros)

Description: This statistic shows the estimated value of various global luxury markets in 2022, by market type. It was estimated that in 2022 the global luxury cars market was worth about 566 billion euros. The total value of the global luxury goods market was approximately 1.38 trillion euros that year.

 

Value of the personal luxury goods market worldwide from 1996 to 2022 (in billion euros)

Description: This statistic shows the value of the personal luxury goods market worldwide from 1996 to 2022. In 2022, the value of the personal luxury goods market worldwide was estimated to be 353 billion euros.

 

Share of the personal luxury goods market worldwide in 2022, by region

Description: This statistic shows the share of the personal luxury goods market worldwide in 2022, by region. In 2022, the Americas accounted for 32 percent of the global personal luxury goods market, followed by Europe with a share of 27 percent of the market.

 

Personal luxury goods market value worldwide in 2021, by product type (in billion euros)

Description: This statistic shows the value of the personal luxury goods market worldwide in 2021, by product type. In 2021, the market value of personal luxury apparel products reached an estimated 57 billion euros.

 

Value of the personal luxury goods market worldwide in 2022, by sales channel (in billion euros)

Description: This statistic shows the value of the personal luxury goods market worldwide in 2022, broken down by sales channel. In 2022, the value of the travel retail (airport) personal luxury goods market worldwide was roughly 11 billion euros.

Sales of the leading luxury companies worldwide from 2012 to 2021 (in billion euros)

Description: This statistic shows the sales of the leading luxury companies worldwide from 2012 to 2018, and provides a forecast from 2019 to 2021. In 2018, LVMH generated approximately 46.8 billion euros in sales worldwide.

 

Brand value of the leading 10 most valuable luxury brands worldwide in 2022 (in million U.S. dollars)

Description: This statistic depicts the brand value of the leading 10 most valuable luxury brands worldwide in 2022. In that year, Chanel was the ninth most valuable luxury brand worldwide with a brand value of about 53 billion U.S. dollars.

Comment: Understanding the value of various luxury markets in 2022 provides a crucial baseline for assessing the potential of the luxury industry. The data on global luxury cars and personal goods markets presents a compelling narrative of consumer preferences. As a watch manufacturer, delving into these figures can help identify market gaps and opportunities to position your products effectively.

 

02 Financial performance

Total revenue of the LVMH Group worldwide from 2008 to 2022 (in million euros)

Description: Moët Hennessy Louis Vuitton (LVMH) is one of the world`s leading luxury groups, parent to 75 luxury houses. Over the past decade, LVMH enjoyed ever-increasing global revenue, reaching over 53 billion euros in 2019. In 2022, bouncing fully back from the impact of the coronavirus (COVID-19) pandemic, the group`s revenue saw an increase of about 77 percent on 2022, ultimately amounting to 79.2 billion euros for the year.

 

Revenue share of the LVMH Group worldwide in 2022, by geographic region

Description: This statistic shows the revenue share of the LVMH Group worldwide in 2022, by geographic region. In 2022, LVMH Group’s global revenue share from the United States was 37 percent.

 

Revenue of the LVMH Group worldwide from 2008 to 2022, by geographic region (in million euros)

Description: This statistic shows the revenue of the LVMH Group worldwide from 2008 to 2022, broken down by geographic region. In 2022, the LVMH Group generated approximately 21.6 billion euros in revenues in the United States. The company had total revenues of 79.2 billion euros that year.

 

Gross margin of the LVMH Group worldwide from 2017 to 2022 (in million euros)

Description: In 2022, LVMH had a gross margin of 54.2 billion euros. The LVMH Group is a French luxury goods corporation, which owns 75 luxury brands worldwide, including Louis Vuitton, Moët, Hennessy, and Bulgari.

Net profit of the LVMH Group worldwide from 2017 to 2022 (in million euros)

Description: In 2022, LVMH had a gross margin of 54.2 billion euros. The LVMH Group is a French luxury goods corporation, which owns 75 luxury brands worldwide, including Louis Vuitton, Moët, Hennessy, and Bulgari.

 

Comment:

LVMH’s financial trajectory showcases resilience and adaptability in a dynamic market landscape. The significant revenue surge in 2022 underscores the importance of agility and innovation, especially in post-pandemic recovery. Examining the revenue share by geographic region adds depth to understanding LVMH’s global market strategy, aiding in strategic partnerships and expansion plans.

 

03 Divisions

Revenue share of the LVMH Group worldwide in 2022, by business segment

Description: This statistic shows the revenue share of the LVMH Group worldwide in 2022, by segment. In 2022, 44 percent of the LVMH Group’s global revenue came from the company’s fashion and leather goods business segment.

Global revenue of LVMH Group’s fashion and leather goods segment from 2008 to 2022 (in million euros)

Description: The Louis Vuitton brand is the backbone of the French luxury conglomerate LVMH`s fashion and leather goods segment, but the group is home to many other iconic luxury brands and fashion houses as well. Christian Dior, Fendi, Marc Jacobs, and Givenchy, among others, all operate under LVMH`s fashion and leather goods segment, which reported a sales revenue of approximately 38.7 billion in 2022.

Global revenue of LVMH Group’s fashion and leather goods segment from 2008 to 2022 (in million euros)

Description: This statistic shows the global revenue of LVMH Group’s selective retailing segment from 2008 to 2022. In 2022, this segment generated revenues of 14.9 billion euros, an increase of over three billion euros compared to 2021. The LVMH Group is a French luxury goods corporation, which owns around 75 luxury brands worldwide, including Louis Vuitton and Bulgari. The fashion and leather goods segment generates the most revenue for LVMH.

 

Global revenue of LVMH Group’s perfumes and cosmetics segment from 2008 to 2022 (in million euros)

Description: This statistic shows the global revenue of LVMH Group’s perfumes and cosmetics segment from 2008 to 2022. In 2022, this segment generated revenues of 7.7 billion euros, which was an increase of more than one billion euros compared to the previous year. The LVMH Group is a French luxury goods corporation, which owns around 75 luxury brands worldwide, including Louis Vuitton and Bulgari. The fashion and leather goods segment generates the most revenue for LVMH.

 

Global revenue of LVMH Group’s wine and spirits segment from 2008 to 2022 (in million euros)

Description: This statistic shows the global revenue of LVMH Group’s wine and spirits segment from 2008 to 2022. In 2022, this segment generated a global revenue of approximately seven billion euros, an increase of more than 1.2 billion euros compared to 2021. The LVMH Group is a French luxury goods corporation, which owns around 75 luxury brands worldwide, including Louis Vuitton and Bulgari. The fashion and leather goods segment generates the most revenue for LVMH.

Global revenue of LVMH Group’s watches and jewelry segment from 2008 to 2022 (in million euros)

Description: This statistic shows the global revenue of LVMH Group’s watches and jewelry segment from 2008 to 2022. In 2022, this segment generated revenues of approximately 10.6 billion euros, which was more than double the revenue registered in 2020. The LVMH Group is a French luxury goods corporation, which owns around 50 luxury brands worldwide, including Louis Vuitton and Bulgari. The fashion and leather goods segment generates the most revenue for LVMH.

 

Comment: The prominence of LVMH’s fashion and leather goods segment speaks to the enduring allure of personal luxury items. Diversification into perfumes, cosmetics, watches, and jewelry provides insights into evolving consumer preferences. For your watch manufacturing business, this insight underscores the need to align with consumer trends and capitalize on segments with growth potential.

 

 

04 Key company figures

Total number of stores of the LVMH Group worldwide from 2008 to 2022

Description: LVMH had a total of 5,664 stores in operation around the world as of 2022, up from 2,314 in 2008. LVMH, an amalgamation of Louis Vuitton, Moët, and Hennessy, is the top selling luxury personal goods companies in the world. The company operates globally selling a diverse range of products. LVMH sells luxury leather goods, handbags, and ready-to-wear fashion through its Louis Vuitton brand, and wines and spirits through its Moët and Hennessy brands.

Number of stores of the LVMH Group worldwide in 2022, by geographical region

Description: This statistic shows the number of stores of the LVMH Group worldwide in 2022, by geographical region. In that year, the total number of stores the LVMH Group had throughout the United States was 1,054.

 

Total number of employees of the LVMH Group worldwide from 2008 to 2021

Description: This statistic shows the number of stores of the LVMH Group worldwide in 2022, by geographical region. In that year, the total number of stores the LVMH Group had throughout the United States was 1,054.

 

Advertising and promotion expenditure of the LVMH Group worldwide from 2008 to 2022 (in million euros)

Description: The French luxury goods conglomerate LVMH Group spent around 9.5 billion euros in advertising and promotion costs worldwide as of 2022, reaching an all-time higher investment on advertising since 2008. Primarily known for its fashion house Louis Vuitton, the LVMH Group invested about 7.3 billion euros in advertising in 2021.

Research and development (R&D) expenditure of the LVMH Group worldwide from 2008 to 2020 (in million euros)

Description: This statistic highlights the trend in research and development (R&D) expenditure of the LVMH Group worldwide from 2008 to 2020. In 2019, LVMH Group’s global R&D expenditure amounted to about 139 million euros.

Comment: LVMH’s exponential growth in store count signifies effective market penetration and customer engagement. The substantial investment in advertising and promotion reflects a commitment to brand resonance. The emphasis on research and development indicates a forward-looking approach, vital for maintaining innovation and competitiveness in a rapidly evolving luxury landscape.

 

 

05 Competitors

Total sales of the Richemont Group worldwide from FY2008 to FY2022 (in million euros)

Description: In FY2011, total sales of the Richemont Group worldwide amounted to about 19.18 billion euros, increasing by approximately six billion euros on the previous year. The Richemont Group is one of the leading luxury goods companies in the world. The Richemont Group garnered most of its revenue from jewelry Maisons in FY2022, which amounted to around 11 billion euros. The Asia-Pacific was responsible for 40.77 percent of the company`s total sales that year.

 

Sales share of the Richemont Group worldwide in FY2022, by geographical region

Description: This timeline shows the sales share of the Richemont Group worldwide in the financial year 2022, by geographical region. In that year, the sales share of the Richemont Group’s European region amounted to about 23 percent.

 

Richemont Group’s sales share worldwide in 2022, by product category

Description: In the financial year 2022, watch and jewelry sales accounted for about 75 percent of Richemont’s global sales. The company had total sales of approximately 19.18 billion euros that year.

 

Total number of monobrand stores of the Richemont Group worldwide as of 2020, by business area

Description: As of September 30, 2020, the jewelry maison division of Richemont Group operated 458 monobrand stores around the world. Richemont owns a number of luxury brands, such as Cartier, Van Cleef & Arpels, and Buccellati.

Revenue share of the Kering Group worldwide in 2022, by region

Description: This timeline depicts the global revenue of the Kering Group from 2008 to 2022. In 2022, Kering’s global revenue amounted to about 20.4 billion euros.

 

Revenue of the Kering Group worldwide from 2008 to 2022 (in million euros)

Description: In 2022, 27 percent of the Kering Group’s revenue was generated from the North American region. The company’s total revenue amounted to approximately 20.35 billion euros that year.

 

Revenue share of the Kering Group worldwide in 2022, by brand

Description: In 2022, the Gucci brand generated 52 percent of the Kering Group’s global revenue. Kering’s global revenue was approximately 20.35 billion euros that year.

 

Revenue share of the Kering Group worldwide in 2021, by product category

Description: In 2021, the leather goods product category accounted for half of the Kering Group’s global revenue. Kering’s global revenue was approximately 17.64 billion euros that year.

 

Number of directly operated Kering Group stores worldwide in 2020, by brand

Description: In 2021, the leather goods product category accounted for half of the Kering Group’s global revenue. Kering’s global revenue was approximately 17.64 billion euros that year.

 

Comment: Studying competitors like Richemont and Kering sheds light on diverse luxury market players. Richemont’s focus on jewelry and Kering’s emphasis on brands like Gucci illuminate niche strategies. Understanding their sales distribution and product mix can inform your approach, aiding in identifying unique selling points and ways to differentiate your watches.

 

מחשבה סופית

With a pulse on luxury market dynamics, LVMH’s success story and strategic insights provide a compass for your journey in the world of luxury watches

You can download the PDF files here

Exploring the Growth and Dynamics of the Jewelry Industry in Italy

The jewelry industry in Italy has experienced remarkable growth and transformation in recent years. From the steady increase in turnover and production value to the impact of global market trends and consumer behavior, the Italian jewelry sector continues to thrive.

In this article, we delve into various aspects of the industry, including revenue trends, leading companies, international trade, and consumer behavior, shedding light on the dynamic nature of the Italian jewelry market.

 

01 Italian jewelry industry

 

Revenue of the watches & jewelry industry Worldwide 2017-2026 (in billion U.S. dollars)

Description: The global revenue in the watches & jewelry segment of the accessories market was forecast to continuously increase between 2023 and 2026 by in total 44.8 billion U.S. dollars (+11.97 percent). The revenue is estimated to amount to 418.9 billion U.S. dollars in 2026.

 

Leading jewelry exporters worldwide in 2021, by country (in billion U.S. dollars)

Description: This statistic shows the value of jewelry exports from the leading countries worldwide in 2021. In 2021, Switzerland exported approximately 11.4 billion U.S. dollars of jewelry around the world, which was slightly less than top-placed United States.

 

Turnover of the jewelry industry in Italy from 2013 to 2020 (in million euros)

Description: This statistic displays the turnover of the jewelry industry in Italy from 2013 to 2019. According to the data, over the period of consideration, the turnover of the jewelry industry in Italy grew steadily, going from approximately 6.6 billion euros in 2013 to almost 9.2 billion euros in 2019.

 

Turnover growth of the jewelry industry in Italy from 2014 to 2020

Description: This statistic displays the growth of the turnover of the jewelry industry in Italy from 2014 to 2020. According to the data, over the period of consideration, the turnover of the jewelry industry in Italy grew steadily, peaking at more 10.6 percent in 2019, up from the previous years.

 

The market price of raw materials for the Italian jewelry industry from 2013 to 2019 (in euros per ounce)

Description: This statistic displays the market price of raw materials for the Italian jewelry industry in Italy between 2013 and 2019. As of the survey period, the market price of gold fluctuated over time reaching its lowest value in 2014 at 953.1 euros per ounce and peaked at 1,128 euros in 2016.

 

Distribution of jewelry advertising spending in in Italy in 2019, by medium

Description: In 2019, 57 percent of advertising investments of jewelry brands in Italy were destined towards TV ads. Magazines were the second most popular medium, with 25 percent. Italian jewelry industry invested a total of 59.4 million euros in advertising that year.

 

02 Leading companies

Leading watches and jewelry companies in Italy in 2020, by sales revenues (in 1,000 euros)

Description: This statistic presents the leading companies active in the manufacturing/distribution of watches and jewelry in Italy in 2019, by sales revenues.

According to data provided by Competitive Data, in 2020, LVMH Italia S.p.A. was the leading manufacturer/distributor of watches and jewelry in Italy, with domestic sales revenues of 718 million euros. Following in the ranking came Bulgari, with domestic revenue of 412 million euros.

 

Net revenues of watches and jewelry companies in Italy from 2015 to 2020 (in million euros)

Description: This statistic presents the net revenues of a significant sample of companies active in the manufacturing/distribution of watches and jewelry in Italy from 2015 to 2020. According to data provided by Competitive Data, domestic net revenues of the companies sampled in Italy increased from 1.7 billion euros in 2015 to 2.1 billion euros in 2019, before dropping again to 1.6 million euros in 2020.

 

Production value of watches and jewelry companies in Italy from 2015 to 2020 (in million euros)

Description: This statistic presents the production value of a significant sample of companies active in the manufacturing/distribution of watches and jewelry in Italy from 2015 to 2020. According to data provided by Competitive Data, production value of the companies sampled in Italy increased from 1.74 billion euros in 2015 to over 2.2 billion euros in 2019. This value decline in 2020 to 1.6 milion euros.

 

Net result of watches and jewelry companies in Italy from 2015 to 2020 (in million euros)

Description: This statistic presents the net result of a significant sample of companies active in the manufacturing/distribution of watches and jewelry in Italy from 2015 to 2020. According to data provided by Competitive Data, net result of the companies sampled in Italy decreased from 43 million euros in 2015 to 86 million euros in 2019. In 2020, this figure declined to six million euros.

 

Jewelry brands with highest advertising spending in Italy in 2019 (in 1,000 euros)

Description: In 2019, Pandora was the jewelry brand with highest advertising spending in Italy. Its ad expenditures amounted to 14.97 million euros, more than 3.5 times more than Morellate, which ranked second. Italian jewelry industry invested a total of 59.4 million euros in advertising that year.

 

03 International trade

Export value of the Italian jewelry industry from 2014 to 2020 (in million euros)

Description: This statistic displays the export value of the Italian jewelry industry from 2014 to 2020. According to the data, during the period of consideration, the value of the exports of the Italian jewelry industry increased overall, growing from approximately six billion euros in 2014 to just over 7.4 billion euros in 2019.

 

Export value of the Italian jewelry industry from Italy in 2019, by destination market (in million euros)

Description: In 2019, the value of the export of the Italian jewelry industry to the Swiss market amounted to about 1.2 billion euros. Export of the Italian jewelry industry to the U.S. market followed with a total export value of 958.2 million euros.

 

Export value of the Italian fine jewelry industry in Italy from 2014 to 2020 (in million euros)

Description: This statistic displays the export value of the Italian fine jewelry industry in Italy between 2014 and 2020. As of the survey period, the value of the export of the Italian fine jewelry industry increased from about 5.2 billion euros in 2014 to approximately 6.4 billion euros in 2019.

 

Import value of the Italian jewelry industry from 2014 to 2020 (in million euros)

Description: This statistic displays the import value of the Italian jewelry industry in the period from 2014 to 2020. The value of imports of the Italian jewelry industry increased from about 2.1 billion euros in 2014 to about 3.1 billion euros in 2019.

 

Import value of the Italian jewelry industry in 2019, by supplier country (in million euros)

Description: This statistic displays the import value of the Italian jewelry industry in Italy in 2019, by country. According to the data, in 2019, the import value of the Italian jewelry industry from the Swiss market amounted to approximately 652 million euros. During the same period, imports of jewelry from France followed with a total value of nearly 455 million euros.

 

Import value of the Italian fine jewelry* industry between 2014 and 2020 (in million euros)

Description: This statistic displays the import value of the Italian fine jewelry industry between 2014 and 2020. The value of the import of the Italian fine jewelry industry increased from about 991 million euros in 2014 to about 1.7 billion euros in 2019.

 

Import value of precious metals for the Italian jewelry industry between 2014 and 2019 (in thousand euros)

Description: This statistic displays the import value of precious metals for the Italian jewelry industry between 2014 and 2019. As of the year 2018, the value of the import of precious metals was about 6.5 billion euros, a slight increase compared to the previous years.

 

04 Consumer behavior

 

How much are you going to spend on precious jewelry and watches in 2020?

Description: This statistic presents the spending intentions of Italian consumers on precious jewelry and watches in 2020. According to the survey results, 52 percent of respondents are not going to buy expensive jewelry and watches at all, while 28 percent of consumers stated that their spending on precious jewelry and watches is going to remain the same as in the past.

 

Share of jewelry shops with websites and social networks profiles in Italy in 2019

Description: In 2019, 19 percent of jewelry shops in Italy had both a website and one or more social media profiles. On the other hand, about 29 percent of jewelry shops did not have any online presence at all.

 

Impact of coronavirus (COVID-19) on consumer spending in selected countries as of March 2020, by retail category

Description: Over the next two weeks from March 23, 2020, consumers in Italy, Spain, the UK and the U.S. intended to increase their spending on groceries. Respondents stated that they expected to decrease their spending for every other retail category.

 

Purchase value of goods and services of the jewelry industry in Italy between 2010 and 2020 (in 1,000 euros)

Description: The statistic illustrates the total purchase value of goods and services of the jewelry industry in Italy between 2010 and 2020. As of 2020, the purchase value of goods and services of the jewelry industry amounted to over four billion euros, a decrease compared to the previous year.

 

מחשבה אחרונה:

The Italian jewelry industry stands as a shining example of craftsmanship, innovation, and business acumen. With a rich history and a commitment to excellence, Italian jewelry brands have achieved global recognition and success. As the industry continues to evolve and adapt to changing market dynamics and consumer preferences, it remains a beacon of creativity and artistry, providing exquisite pieces that captivate the hearts of jewelry enthusiasts worldwide.

Exploring the Jewellery & Wristwatches Industry in the Netherlands: A Simplified Overview

Welcome to our blog post, where we take a closer look at the wristwatches industry in the Netherlands. As a factory specializing in customized watches for independent brands, we understand the importance of understanding market trends and consumer behavior.

In this simplified research, we explore various aspects of the industry, including the number of retailers, financial figures, e-commerce trends, and consumer spending. Join us as we uncover key statistics and insights that shed light on the wristwatch market in the Netherlands.

 

Chapter 01 Retailers

In this chapter, we delve into the number of jewelers in the Netherlands, the shop floor area, the average shop floor per jeweler, and the presence of jewelry chains. By understanding the retail landscape, we can gain valuable insights into the market’s size and structure.

 

Number of Jewelers in the Netherlands from 2014 to 2022

Description: This statistic displays the total number of jewelers in the Netherlands from 2014 to 2022. In 2014, there were approximately 1,650 jewelry stores in the Netherlands. By 2022, there were fewer than 1,400 stores across the country.

 

Shop floor area of jewelers in the Netherlands from 2015 to 2021 (in 1,000 square meters)

Description: Between 2015 and 2021, the total shop floor area of jewelers in the Netherlands had decreased slightly. The total shop floor area in the country peaked in 2015, at roughly 97,000 square meters. By 2021, this had dropped to approximately 89,000 square meters.

 

Average shop floor per jeweler in the Netherlands from 2015 to 2020 (in square meters)

Description: Between 2015 and 2020, the average shop floor area of jewelers in the Netherlands remained more or less stable, at around 60 square meters per jeweler.

 

Number of jewelry chains in the Netherlands in 2020, by number of branches

Description: In 2020, there were five jewelry chains in the Netherlands with more than ten branches. The leading jewelry chain this year was Lucardi, which had over 100 stores in the country that year. By comparison, Swarovski had between 10 and 25 stores in the Netherlands.

 

Secondary activities of jewelers in the Netherlands in 2019

Description: In 2019, there were 1,733 jewelry stores registered in the Netherlands. Of these stores, 17.4 percent also repaired clocks and jewelry. Wholesale of these products was a less common secondary activity for jewelers. Just over five percent of the jewelers in the Netherlands also operated as a wholesaler in clocks and jewelry.

 

Chapter 02 Financial figures

Financial figures provide valuable information about the revenue and profitability of the wristwatch industry. We analyze the revenue of jewelers, revenue per jeweler, distribution of revenue by category, gross profit margin, and media presence of watch and jewelry brands in the Netherlands.

 

Revenue of jewelers in the Netherlands from 2013 to 2020 (in million euros)

Description: This statistic displays the total revenue of jewelers in the Netherlands from 2013 to 2020 (in million euros). In 2013, the revenue of jewelry stores in the Netherlands was approximately 830 million euros. By 2020, this had increased to over 900 million euros.

 

 

Revenue per jeweler in the Netherlands from 2013 to 2020 (in thousand euros)

Description: This statistic displays the revenue per jeweler in the Netherlands from 2013 to 2020 (in thousand euros). In 2013, the average revenue of jewelry stores in the Netherlands was approximately 400 thousand euros. By 2020, this had increased to over 550 thousand euros.

 

Distribution of the revenue of jewelers in the Netherlands in 2019, by category

Description: In 2019, jewelers in the Netherlands made roughly one-quarter of their total revenue by selling rings. Earrings made up approximately ten percent of the turnover of jewelers that year. The total revenue of jewelers in the Netherlands amounted to just under one billion euros in 2020.

 

 

Gross profit margin of jewelers in the Netherlands from 2016 to 2020

Description: As of 2020, the gross profit margin as a percentage of the revenue of jewelers amounted to roughly 45.7 percent, slightly more than in 2019. When looking at the total revenue of jewelers in the Netherlands, it increased slightly from roughly 850 million euros in 2014, to over 900 million euros in 2020.

 

Number of media statements about watch and jewelry brands in the Netherlands in 2020, by brand

Description: According to data published by Adwired, Certina was mentioned 137 times in print, online and social media in the Netherlands in 2020. The watch brand with the highest media presence in the country that year was Rolex, with 6,071 media mentions.

 

Share of online sales of jewelry in the Netherlands from 2012 to 2018

Description: The statistic displays the share of online sales of jewelry in the Netherlands from 2012 to 2018. The share of online sales of jewelry in the Netherlands increased steadily between 2012 and 2018. In 2012, just three percent of jewelry sales in the

Netherlands were made online, whereas by 2018, the share of online jewelry sales had increased by almost ten percent, to approximately 13 percent.

 

Leading purchase channels for buying luxury goods (such as jewelry and watches) online in the Netherlands in 2018 and 2019

Description: Luxury goods, like jewelry or watches, were not products that Dutch consumers would buy online in 2019. In February 2019, less than out of four Dutch online shoppers indicated they would purchase one of these products at an online marketplace like Bol.com or Amazon. E-commerce has become more and more popular in the Netherlands in recent years. The number of online orders or purchases, for example, reached approximately 260 million in 2019.

 

Number of media statements about watch and jewelry brands in the Netherlands in 2020, by brand

Description: According to data published by Adwired, Certina was mentioned 137 times in print, online and social media in the Netherlands in 2020. The watch brand with the highest media presence in the country that year was Rolex, with 6,071 media mentions.

 

Predicted change in online channel usage among consumers in the Netherlands after the coronavirus pandemic in 2020, by online purchasing category

Description: Once 2020’s coronavirus pandemic has subsided, online purchases for alcholic beverages by consumers in the Netherlands is expected to grow by just over ten percent. This is a considerable increase compared to the pre-COVID-19 days.

Onlinepurchasing is projected to increase for strongly for categories, such as personal-care products and non-food child products, while fitness & wellness was the only category expected to decline after the pandemic is over.

 

Chapter 03 E-commerce

E-commerce has transformed the way consumers shop, including their preferences for watches. We explore the share of online sales of jewelry, leading purchase channels for luxury goods online, and the predicted changes in online channel usage after the coronavirus pandemic.

Total consumer spending on watches, clocks, and alarm clocks in the Netherlands from 2015 to 2018 (in million euros)

Description: Between 2015 and 2018, consumer spending on watches, clocks and alarm clocks in the Netherlands increased annually. Whereas in 2015, the total consumer expenditure was just under 170 million euros, by 2018 this had grown to over 180 million euros.

 

Per capita spending on watches, clocks, and alarm clocks in the

Netherlands from 2015 to 2020 (in euros)

Description: Between 2015 and 2020, per capita spending on watches, clocks and alarm clocks in the Netherlands increased slightly. Whereas in 2015, the per capita consumer expenditure was ten euros, by 2020 this had grown to 11 euros.

 

Chapter 04 Consumer spending

Consumer spending is a crucial factor in understanding market demand. We delve into total consumer spending on watches, clocks, alarm clocks, jewelry, and coins in the Netherlands, as well as per capita spending. Additionally, we explore Valentine’s Day gifting trends and the impact of the coronavirus outbreak on payment transactions.

 

Total consumer spending on jewelry and coins in the Netherlands from 2015 to 2020 (in million euros)

Description: Between 2015 and 2020, consumer spending on jewelry and coins in the Netherlands increased annually. Whereas in 2015, the total consumer expenditure was just over 400 million euros, by 2020 this had grown to 461 million euros.

 

Per capita spending on jewelry and coins in the Netherlands from 2015 to 2020 (in euros)

Description: Between 2015 and 2020, per capita spending on jewelry and coins in the Netherlands increased almost annually. Whereas in 2015, the per capita consumer expenditure was just under 25 euros, by 2020 this had grown to 27 euros.

 

Valentine’s Day presents gifted in the Netherlands in 2020

 

Description: This statistic displays the Valentine’s Day presents gifted in the Netherlands in 2020. When asked what they gifted their beloved on Valentine’s Day, roughly 20 percent of the respondents said they gave their partner chocolate or candy.

Change in the number of debit card transactions in different payment locations in the Netherlands due to the coronavirus outbreak from March to June 2020

 

Description: An overview on how many payment transactions were done at, for example, supermarkets or restaurants reveals how much COVID-19 changed Dutch consumer behavior. Measures from the Dutch government already left visible marks on parts of the Dutch economy on both March 19th and March 20th, 2020, even before a recession might hit later in the year. Especially out-of-home leisure activities, like visiting a restaurant or going to a theme park, saw huge changes in the number of []

 

 

סיכום:

The wrist watches industry in the Netherlands presents a dynamic landscape shaped by various factors, including retail trends, financial figures, e-commerce adoption, and consumer spending patterns. Through this simplified research, we’ve gained valuable insights into the market’s size, trends, and preferences. By staying informed and adapting to changing consumer behavior, our factory can continue to deliver customized watches that cater to the needs and desires of independent brands. Stay tuned for more exciting content as we explore further aspects of the wrist watches industry and uncover new opportunities for growth and innovation.

You can download the PDF file here

Exploring the Global Jewelry & Watches Market: A Simplified Research

Welcome to our blog post, where we delve into the fascinating world of the global jewelry and watches market. In this simplified research, we explore various aspects of the industry, from market overviews and international trade to materials used and leading companies. Join us as we uncover key statistics, trends, and insights that shape this thriving industry.

 

CHAPTER 01 Market Overview

In this chapter, we provide a comprehensive overview of the jewelry and watches market. We analyze the revenue forecasts, market values of diamond and costume jewelry, luxury watches and jewelry, online jewelry market, and the leading countries in terms of revenue.

 

Revenue of the watches & jewelry industry Worldwide 2017-2026 (in billion U.S. dollars)

Description: The global revenue in the watches & jewelry segment of the accessories market was forecast to continuously increase between 2023 and 2026 by in total 44.8 billion U.S. dollars (+11.97 percent). The revenue is estimated to amount to 418.9 billion U.S.

dollars in 2026. Find further information concerning the revenue in the watches & jewelry segment of the accessories market by looking at other countries, such as Thailand and Poland.

 

Market value of diamond jewelry worldwide from 2010 to 2021 (in billion U.S. dollars)

Description: In 2021, the total value of the diamond jewelry market worldwide amounted to 87 billion (nominal) U.S. dollars. That represented an increase of 19 billion U.S. dollars from the previous year, as the global diamond industry recovered from the results of the COVID-19 pandemic.

 

Forecast value of the costume jewelry market worldwide from 2021 to 2027 (in billion U.S. dollars)

Description: This statistic depicts the forecast market value of the costume jewelry market worldwide from 2021 to 2027. In 2021, the global costume jewelry market was valued at 30.8 billion U.S. dollars, and was forecast to reach a value of around 47 billion U.S. dollars by 2027.

 

 

Market value of luxury watches and jewelry worldwide in 2022 (in billion euros)

Description: In 2022, the luxury watches market was valued at around 52 billion euros. This was significantly more than the value of the luxury jewelry market that year, which amounted to 28 billion euros worldwide.

 

Estimated value of the online jewelry market worldwide from 2020 to 2027 (in billion U.S. dollars)

Description: In 2022, the global online jewelry market was valued at approximately 57.4 billion U.S. dollars, and was forecast to reach a value of about 117 billion U.S. dollars by 2027. As of 2022, the value of the global jewelry market amounted to about 270 billion U.S. dollars.

 

Leading countries in the watches and jewelry market in 2022, by revenue (in million U.S. dollars)

Description: The revenue ranking in the watches & jewelry segment of the accessories market is led by China with 81.2 billion U.S. dollars, while India is following with 72.6 billion U.S. dollars. In contrast, Russia is at the bottom of the ranking with 3.8 billion U.S. dollars,

showing a difference of 77.4 billion U.S. dollars to China.

 

CHAPTER 02 International trade

The second chapter focuses on international trade within the jewelry and watches industry. We delve into the export and import values of gold, silverware, and jewelry worldwide. Additionally, we highlight the leading exporting and importing countries in this sector.

 

Export value of gold, silverware, and jewelry worldwide from 2003 to 2021 (in billion U.S. dollars)

Description: In 2021, the worldwide export value of gold, silverware, and jewelry was approximately 126.3 billion U.S. dollars, up from 86.8 billion U.S. dollars registered a year earlier. The global import value of gold, silverware, and jewelry was about 115.7 billion U.S. dollars in 2021.

 

Import value of gold, silverware, and jewelry worldwide from 2003 to 2021 (in billion U.S. dollars)

Description: In 2021, the worldwide import value of gold, silverware, and jewelry was approximately 115.7 billion U.S. dollars, up from 99 billion U.S. dollars recorded in the previous year. The global export value of gold, silverware, and jewelry was around 126.3 billion U.S. dollars in 2021.

 

 

Leading exporting countries of gold, silverware, and jewelry worldwide in 2021 (in million U.S. dollars)

Description: In 2021, China was the leading exporter of gold, silverware, and jewelry to the rest of the world, with an export value of around 19 billion U.S. dollars. Switzerland, ranking second, exported approximately 11.55 billion U.S. dollars worth of these goods that year.

 

Leading importing countries of gold, silverware, and jewelry worldwide in 2021 (in million U.S. dollars)

Description: In 2021, the United States was the leading importer of gold, silverware, and jewelry from the rest of the world, with an import value of about 25.8 billion U.S. dollars. China, Hong Kong SAR, ranking second, imported approximately 18.4 billion U.S. dollars worth of these goods that year.

 

 

CHAPTER 03 Materials

Materials play a crucial role in the creation of exquisite jewelry and watches. In this chapter, we examine the demand for gold, silver, and platinum jewelry worldwide. We also explore the leading regions driving the demand for these precious materials.

 

Gold jewelry demand worldwide from 2010 to 2022 (in tonnes)

Description: This statistic displays the demand for gold jewelry worldwide from 2010 to 2022. In 2022, the global demand for gold jewelry amounted to approximately 2,086 tonnes. This was a decrease of roughly 60 tonnes from the previous year.

 

Gold jewelry demand worldwide in 2022, by leading region (in tonnes)

Description: This statistic displays the demand for gold jewelry worldwide in 2022, by region. In 2022, the global demand for gold jewelry totalled 2,086 tonnes. India was the country with the highest demand, at roughly 600 tonnes, folowed by China. Together the two countries accounted for over one half of the world’s gold jewelry demand.

 

Silver jewelry demand worldwide from 2012 to 2022 (in million ounces)

Description: The jewelry industry was forecast to demand almost 202 million ounces of silver in 2022, which was a significant increase on the previous year, and roughly equalled the peak in the demand for silver for jewelry, which came in 2018.

 

Platinum demand for jewelry worldwide from 2013 to 2023 (in 1,000 ounces)

Description: The gross worldwide demand for platinum for jewelry applications in 2023 was estimated to amount to some 1.35 million ounces. The demand for platinum for jewelry has been continuously decreasing for nearly a decade.

 

Platinum demand for jewelry worldwide from 2015 to 2023, by region (in 1,000 ounces)

Description: In 2023, the gross demand for platinum for jewelry in China was estimated at some 470,000 ounces, making it the world’s largest consumer of platinum jewelry. In comparison, the gross demand for platinum for jewelry in Europe was estimated at some 209,000 ounces the same year.

 

CHAPTER 04 Leading companies

 

The final chapter sheds light on the top players in the industry. We provide insights into the net sales and merchandise mix of renowned companies like Signet Jewelers, Richemont Group, LVMH Group, and Pandora A/S.

 

Net sales of Signet Jewelers worldwide from fiscal year 2014 to 2023 (in million U.S. dollars)

Description: This statistic shows Signet Jewelersnet sales worldwide from fiscal year 2014 to 2023. In the fiscal year that ended on January 28, 2023, Signet Jewelers had global net sales of approximately 7.84 billion U.S. dollars, remaining flat since the previous year.

 

Merchandise mix of Signet Jewelers worldwide in fiscal year 2023

Description: This statistic shows the merchandise mix of Signet Jewelers worldwide in fiscal year 2023. In the fiscal year that ended on January 28, 2023, bridal jewelry accounted for around 49 percent of Signet Jewelersglobal sales.

 

Total sales of the Richemont Group worldwide from FY2008 to FY2023 (in billion euros)

Description: In 2023, total sales of the Richemont Group worldwide amounted to about 19.95 billion euros, increasing by approximately three billion euros on the previous year. The Richemont Group is one of the leading luxury goods companies in the world.

ה Richemont Group garnered most of its revenue from jewelry Maisons in FY2022, which amounted to around 13.4 billion euros. The Asia-Pacific was responsible for 40 percent of the company`s total sales that year.

 

Richemont Group’s sales share worldwide in 2022, by product category

Description: In the financial year 2022, watch and jewelry sales accounted for about 75 percent of Richemont’s global sales. The company had total sales of approximately 19.18 billion euros that year.

 

Global revenue of LVMH Group’s watches and jewelry segment from 2008 to 2022 (in million euros)

Description: This statistic shows the global revenue of LVMH Group’s watches and jewelry segment from 2008 to 2022. In 2022, this segment generated revenues of approximately 10.6 billion euros, which was more than double the revenue registered in 2020.

ה LVMH Group is a French luxury goods corporation, which owns around 50 luxury brands worldwide, including Louis Vuitton and Bulgari. The fashion and leather goods segment generates the most revenue for LVMH.

 

Revenue share of the LVMH Group worldwide in 2022, by business

segment

Description: This statistic shows the revenue share of the LVMH Group worldwide in 2022, by segment. In 2022, 44 percent of the LVMH Group’s global revenue came from the company’s fashion and leather goods business segment.

 

Total revenue of Pandora A/S worldwide from 2010 to 2022 (in million Danish kroner)

 

Description: This timeline shows the total revenue of Pandora A/S worldwide from 2010 to 2022. In 2022, the total revenue of Pandora A/S amounted to approximately 26.5 billion Danish kroner, continuing the growth from the previous year.

 

סיכום:

The global jewelry and watches market is a dynamic and thriving industry, continuously driven by evolving trends and consumer preferences. Through this simplified research, we’ve gained valuable insights into market overviews, international trade, materials, and leading companies. By understanding these key aspects, we can better appreciate the intricate world of jewelry and watches.

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Hopefully, this information will help you in your market understanding and customer development!

Stay tuned for more exciting content as we explore various luxury watches industries and uncover new horizons.

Exploring the Luxury Jewellery & Watches Market in the UK

This report is very helpful for sellers who are new to the industry and want to roughly understand the jewelry and watch industry.

The watches and jewelry industry has witnessed remarkable growth in recent years, both globally and in specific regions. With increasing consumer demand and evolving trends, the market has become a significant contributor to the global accessories sector. In this post, we delve into key statistics and trends, exploring the revenue, market value, manufacturing, wholesale, retail, leading brands, and consumer expenditure within the watches and jewelry industry. From worldwide data to specific insights about the United Kingdom, we aim to provide a comprehensive overview of this thriving market.

Chapter 01 Overview

Introduction: In this chapter, we explore the global revenue and market value of the watches & jewelry industry. We delve into the forecasted revenue growth in the watches & jewelry segment of the accessories market worldwide from 2017 to 2026. Additionally, we examine the market value of luxury watches and jewelry in 2022, as well as the leading importing countries and jewelry exporters worldwide in 2021.

 

Revenue of the watches & jewelry industry Worldwide 2017-2026 (in billion U.S. dollars)

Description: The global revenue in the watches & jewelry segment of the accessories market was forecast to continuously increase between 2023 and 2026 by in total 44.8 billion U.S. dollars (+11.97 percent). The revenue is estimated to amount to 418.9 billion U.S. dollars in 2026.

 

Market value of luxury watches and jewelry worldwide in 2022 (in billion euros)

Description: In 2022, the luxury watches market was valued at around 52 billion euros. This was significantly more than the value of the luxury jewelry market that year, which amounted to 28 billion euros worldwide.

 

Leading importing countries of gold, silverware, and jewelry worldwide in 2021 (in million U.S. dollars)

Description: In 2021, the United States was the leading importer of gold, silverware, and jewelry from the rest of the world, with an import value of about 25.8 billion U.S. dollars. China, Hong Kong SAR, ranking second, imported approximately 18.4 billion U.S. dollars worth of these goods that year.

 

Leading jewelry exporters worldwide in 2021, by country (in billion U.S. dollars)

Description: This statistic shows the value of jewelry exports from the leading countries worldwide in 2021. In 2021, Switzerland exported approximately 11.4 billion U.S. dollars of jewelry around the world, which was slightly less than top-placed United States.

 

מחשבה אחרונה: The watches & jewelry industry continues to thrive globally, with significant revenue growth projected in the coming years. As luxury watches and jewelry maintain their prominence, countries like the United States and Switzerland play vital roles as key importers and exporters. Understanding the market dynamics and trends in this industry is crucial for businesses and consumers alike.

 

Chapter 02 Manufacture and wholesale

 

Introduction: In this chapter, we delve into the manufacturing and wholesale aspects of the watches & jewelry industry in the United Kingdom (UK). We analyze the annual turnover and gross value added (GVA) of jewelry manufacturers, as well as the number of enterprises in this sector from 2008 to 2020. Furthermore, we explore the sales and GVA of watch and jewelry wholesalers during the same period, along with the number of wholesale enterprises. By examining these key metrics, we gain insights into the manufacturing and wholesale landscape of the UK’s watches & jewelry industry.

Annual turnover of manufacture of jewelry and related articles in the United Kingdom (UK) from 2008 to 2020 (in million GBP)

Description: This statistic shows the total turnover of businesses manufacturing jewelry and related articles in the United Kingdom (UK) from 2008 to 2020. Over the time period under consideration, the turnover of this sector fluctuated. In 2020, jewelry manufacturers in the UK registered a total turnover of 714 million British pounds.

 

Gross value added (GVA) of manufacture of jewelry and related articles in the United Kingdom (UK) from 2008 to 2020 (in million GBP)

Description: This statistic shows the gross value added (GVA) of jewelry (and related article) manufacturers in the United Kingdom (UK) from 2008 to 2020. In 2020, jewelry manufacturing contributed 149 million British pounds to the GVA of the UK Non-Financial

Business Economy, a decrease of 194 million pounds on the year previous, marking the lowest point in the time period under consideration.

 

Number of enterprises for the manufacture of jewelry and related articles in the United Kingdom (UK) from 2008 to 2020

Description: This statistic shows the number of enterprises for the manufacture of jewelry and related articles in the United Kingdom (UK) from 2008 to 2020. The number of enterprises in this industry stayed relatively stable during the ten year period, with the

highest amount being in 2008 at 1,372 enterprises. In 2020, the number of enterprises of this sector amounted to 1,349.

 

Sales from the manufacture of jewelry and related articles in the United Kingdom (UK) from 2008 to 2021 (in million GBP)

Jewelry manufacturerssales in the United Kingdom (UK) 2008-2021

Description: This statistic shows the total sales value of jewelry and related articles manufactured in the United Kingdom (UK) from 2008 to 2021. In 2021, manufacturerssales of jewelry had an estimated value of 721 million British pounds (GBP).

 

Annual turnover of watches and jewelry wholesalers in the United

Kingdom (UK) from 2008 to 2020 (in million GBP)

Description: This statistic shows the total turnover of watch and jewelry wholesale businesses in the United Kingdom (UK) from 2008 to 2020. Over the time period under consideration, turnover of this sector fluctuated. In 2020, watch and jewelry wholesalers in the UK generated a turnover of just over two billion British pounds, down from about 2.28 billion recorded in the previous year.

 

Gross value added (GVA) of watch and jewelry wholesale trade in the United Kingdom (UK) from 2008 to 2020 (in million GBP)

Description: This statistic shows the gross value added (GVA) of the watch and jewelry wholesale trade in the United Kingdom (UK) from 2008 to 2020. Over the time period under consideration, the GVA of this sector fluctuated substantially. In 2020, watch and jewelry

wholesalers contributed 371 million British pounds to the GVA of the UK Non-Financial Business Economy.

 

Number of enterprises for the wholesale of watches and jewelry in the United Kingdom (UK) from 2008 to 2020

Description: This statistic shows the estimated number of watch and jewelry wholesale businesses in the United Kingdom (UK) from 2008 to 2020. After steadily decreasing between 2008 and 2012, the number of watch and jewelry wholesalers relatively stabilized. In 2020, there were 1,217 watch and jewelry wholesale enterprises in the UK.

 

Number of enterprises for the wholesale of watches and jewellery in the United Kingdom (UK) in 2022, by turnover size band

Description: This statistic shows the number of VAT and/or PAYE based enterprises in the watch and jewellery wholesale sector in the United Kingdom for 2022, by turnover size band. There were 50 enterprises with a turnover of more than five million British pounds.

 

מחשבה אחרונה: The UK’s watches & jewelry industry demonstrates fluctuations in turnover, GVA, and the number of enterprises over the years. Despite these variations, the sector remains resilient, reflecting its importance within the UK’s non-financial business economy. By understanding the manufacturing and wholesale aspects, stakeholders can make informed decisions and adapt to the changing market dynamics.

 

Chapter 03 Retail

Introduction: In this chapter, we focus on the retail sector of the watches & jewelry industry in the United Kingdom (UK). We analyze the retail sales value and sales volume of watches and jewelry in specialized stores from 2011 to 2022, along with the percentage increases in sales value and volume. Additionally, we explore the turnover, GVA, and the number of specialized retail stores for watches and jewelry in the UK from 2008 to 2020. Through these insights, we gain a comprehensive understanding of the retail landscape and consumer demand for watches and jewelry in the UK.

 

Retail sales value of watches and jewelry annually in Great Britain from 2011 to 2022, as index number of sales per week

Description: This statistic presents the annual retail sales value of watches and jewelry in specialized stores in Great Britain from 2011 to 2022, as an index number of sales per week. In 2022, the value of watch and jewelry sales stood at an index point of 108.2, up from 99.5 recorded a year earlier.

 

Sales volume of watches and jewelry annually in Great Britain from 2011 to 2022, as index number of sales per week

Description: This statistic shows the annual sales volume of watches and jewelry in specialized stores in Great Britain from 2011 to 2022, as indices with the value for 2019 representing the baseline value. In 2022, unit sales of watches and jewelry have increased, with the indexed value reaching to 100.5.

 

Percentage increase in retail sales value of watches and jewelry in Great Britain from 2011 to 2021

Description: This statistic shows the percentage change in the retail sales value of watches and jewelry in specialized stores in Great Britain, from 2011 to 2021. In 2021, the value of watch and jewelry sales grew by 31.5 percent on a year earlier.

 

Percentage increase in retail sales volume of watches and jewelry in Great Britain from 2011 to 2021

Description: This statistic shows the percentage change in the sales volume of watches and jewelry in specialized stores in Great Britain, from 2011 to 2021. In 2021, the volume of sales increased by 29.6 percent on the previous year.

 

Turnover of watch and jewelry retail stores in the United Kingdom (UK) from 2008 to 2020 (in million GBP)

Description: This statistic shows the total annual turnover of stores specializing in the retail sale of watches and jewelry in the United Kingdom (UK) from 2008 to 2020. Over the time period under consideration, turnover of this sector fluctuated noticeably. In 2020,

watch and jewelry retailers in the UK produced a turnover of about 5.53 billion British pounds.

 

Gross value added (GVA) of watch and jewelry retail stores in the United Kingdom (UK) from 2008 to 2020 (in million GBP)

Description: This statistic shows the gross value added (GVA) of the retail sale of watches and jewelry in specialized stores in the United Kingdom (UK) from 2008 to 2020. Over the time period under consideration, the GVA of this sector had fluctuations. In 2020, specialist stores selling watches and jewelry contributed around 921 million British pounds to the GVA of the UK Non-Financial Business Economy. In the 13-year period, this was the first time when the GVA dropped below one billion level.

 

Number of specialized stores for the retail sale of watches and jewelry in the United Kingdom (UK) from 2008 to 2020

Description: This statistic represents the number of retail enterprises selling watches and jewelry in specialized stores in the United Kingdom (UK) from 2008 to 2019. Between 2008 and 2012 there was a steady decline in the number of specialized jewelry stores in the UK, with 3,937 enterprises operating in 2012. Since then store numbers have fluctuated and amounted to 4,218 stores in 2020.

 

מחשבה אחרונה: The retail sector plays a vital role in the watches & jewelry industry, with steady growth in sales value and volume. The UK’s specialized retail stores contribute significantly to the country’s non-financial business economy. Understanding consumer preferences and market trends is essential for retailers to effectively cater to the demands of watch and jewelry enthusiasts.

 

Chapter 04 Leading brands

Introduction: In this chapter, we explore the leading brands within the watches & jewelry industry, focusing on Signet Jewelers in the United Kingdom (UK). We examine the sales and number of stores operated by Signet Jewelers in the UK from fiscal years 2014 to 2020, with a specific emphasis on their brands, H.Samuel and Ernest Jones. By analyzing these key metrics, we gain insights into the market presence and performance of these prominent brands.

 

Sales of Signet Jeweler in the United Kingdom and Republic of Ireland in fiscal year 2019, by brand (in million GBP)

Description: This statistic shows the total sales by brand for Signet Jewelers in the United Kingdom (UK) in fiscal year ended February 2, 2019. Over the course of the year, a total of 576.5 million British pounds were made from both H.Samuel and Ernest Jones store brands in the UK.

 

Number of stores operated by Signet Jewelers in the United Kingdom (UK) from fiscal year 2014 to fiscal year 2020, by brand*

Description: This statistic shows the number of stores operated by Signet Jewelers in the United Kingdom (UK) and Republic of Ireland, shown by brand (H Samuel and Ernest Jones) open at the end of the fiscal years from 2014 to 2020. Over this period there was an

overall increase in the number of stores, from 493 stores in 2014 to 508 stores open in 2017. However, the number of stores fell to 451 in 2020.

 

 

Sales of H.Samuel in the United Kingdom (UK) from fiscal year 2014 to fiscal year 2019* (in million GBP)

Description: This statistic shows the total sales for H.Samuel in the United Kingdom between the fiscal years 2014 to 2019. Since 2016 the company’s sales have decreased slightly, but with the 2018 fiscal year went up to 278 million British pounds.

 

Sales of Ernest Jones in the United Kingdom (UK) from fiscal year 2014 to fiscal year 2019* (in million GBP)

Description: This statistic shows the total sales of Ernest Jones from fiscal year 2014 to 2018. Between 2017 and 2019, the company saw a decline in sales, with the 2019 fiscal year ending at 186 million British pounds.

 

Number of stores for Ernest Jones in the United Kingdom (UK) from the fiscal year 2014 to the fiscal year 2019*

Description: This statistic shows the total number of stores of Ernest Jones in the United Kingdom (UK) at the end of the fiscal years from 2014 to 2019. Despite an overall increase in the number of stores over the five year period, the store numbers between 2017 and 2019 declined. At the end of the 2018 fiscal year, the total number of stores was 203, one less than in 2017. In 2019, the total number of stores fell to 189.

 

Final Thought: Signet Jewelers, with its brands H.Samuel and Ernest Jones, has established a significant market presence in the UK’s watches & jewelry industry. The performance of these brands, as reflected in sales and store numbers, provides valuable insights into consumer preferences and brand loyalty. Studying leading brands helps stakeholders identify successful strategies and adapt to evolving market dynamics.

 

Chapter 05 Consumer expenditure

 

Introduction: In this chapter, we examine consumer expenditure on watches, jewelry, clocks, and related items in the United Kingdom (UK). We analyze the total consumer spending and annual expenditure on these products from 2005 to 2022, based on both value and volume. Additionally, we explore the number of people purchasing different categories of jewelry and watches, categorized by expenditure. Through these insights, we gain a comprehensive understanding of consumer behavior and spending patterns in the UK’s watches & jewelry industry.

 

Consumer spending on jewelry, clocks and watches in the United Kingdom (UK) from 2005 to 2022 (in million GBP)

Description: This statistic shows total consumer spending on jewelry, clocks and watches in the United Kingdom (UK) from 2005 to 2022. In 2022, consumer spending was approximately 11.3 billion British pounds, an increase from the previous year.

 

Annual expenditure on jewelry, clocks, and watches in the United Kingdom (UK) from 2005 to 2022, based on volume (in million GBP)

Description: This statistic shows the total annual expenditure on jewelry, clocks, and watches in the United Kingdom (UK) from 2005 to 2022, based on volume. In 2022, UK households purchased approximately 10.5 billion British pounds worth of jewelry, clocks, and watches.

 

Number of people purchasing jewelry (excluding gold, platinum, and silver) in Great Britain from 2015 to 2020, by expenditure (in 1,000s)

Description: This statistic shows the number of people purchasing jewelry (excluding gold, platinum and silver) in Great Britain from 2015 to 2020, by expenditure. In 2020, an estimated 36.600 people spent 500 British pounds or more on jewelry in the previous 12 months.

 

Number of people purchasing gold or platinum jewelry with diamonds in Great Britain from 2015 to 2020, by expenditure (in 1,000s)

Description: This statistic displays the number of people purchasing gold or platinum jewelry with diamonds in Great Britain from 2015 to 2020, by expenditure. In 2020, an estimated 305 thousand people spent 500 British pounds or more on gold or platinum jewelry with diamonds in the 12 months prior to the survey.

 

Number of people purchasing gold or platinum jewelry (without

diamonds) in Great Britain from 2015 to 2020, by expenditure (in 1,000s)

Description: This statistic displays the number of people purchasing gold or platinum jewelry (without diamonds) in Great Britain from 2015 to 2020, by expenditure. In 2020, an estimated 122 thousand people spent 500 British pounds or more on gold or platinum jewelry in the 12 months prior to the survey.

 

Number of people purchasing silver jewelry in Great Britain from 2015 to 2020, by expenditure (in 1,000s)

Description: This statistic depicts the number of people purchasing silver jewelry in Great Britain from 2015 to 2020, by expenditure. In 2020, an estimated 38.500 people spent 500 British pounds or more on silver jewelry within 12 months prior to the survey.

 

Number of people purchasing watches in Great Britain from 2013 to 2020, by expenditure (in 1,000s)

Description: This statistic shows the number of people purchasing watches in Great Britain from 2013 to 2020, by expenditure. In 2020, an estimated 622 thousand people spent 200 British pounds or more on watches in the previous 12 months.

 

מחשבה אחרונה:

Consumer spending on watches, jewelry, and related items in the UK showcases consistent growth, highlighting the enduring appeal of these products. By understanding consumer preferences and purchasing patterns, businesses can tailor their offerings to meet the evolving demands of the market. Analyzing consumer expenditure provides valuable insights for both retailers and manufacturers in the watches & jewelry industry.

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The watches and jewelry industry continues to shine brightly, capturing the attention of consumers and investors alike. With the global revenue projected to reach staggering heights and the luxury market witnessing significant growth, it is evident that watches and jewelry remain highly sought-after accessories. From manufacturing and wholesale to retail sales, the sector presents numerous opportunities for businesses. As consumer expenditure and the number of people purchasing these items continue to rise, it’s clear that watches and jewelry hold a special place in the hearts and wardrobes of individuals worldwide. With evolving trends and new innovations on the horizon, the future of the watches and jewelry industry appears to be as timeless and valuable as the pieces themselves.

Fashion And Accessories Market in Poland: Trends, Insights, and Future Prospects

The fashion and accessories market in Poland has witnessed significant growth and changes over the years, reflecting the evolving preferences and lifestyles of its consumers. This market encompasses various segments, including clothing, footwear, leather goods, jewelry, and more. As one of the key industries in Poland, it plays a vital role in the country’s economy and cultural expression.

In this report, we will delve into the trends and developments in the fashion and accessories market in Poland, focusing on different aspects such as production, trade, retail, consumer behavior, and the impact of external factors like the COVID-19 pandemic. By analyzing data from various sources, we aim to provide a comprehensive overview of the industry’s current state, growth potential, and emerging opportunities.

 

01 Overview

The report begins with an overview of the fashion and accessories market in Poland, exploring key statistics related to the number of enterprises and employees in the manufacturing sector. We observe fluctuations in the number of businesses and workers, influenced by both internal and external factors.

We also delve into clothing and footwear production volumes and values, providing insights into the industry’s contribution to the economy. Additionally, we analyze the market’s value and growth, considering the impact of the COVID-19 pandemic on consumer spending patterns.

 

Number of enterprises in the manufacture of wearing apparel industry in Poland from 2009 to 2020

Poland: number of wearing apparel manufacturers 2009-2020

Description: The number of enterprises in the wearing apparel manufacturing industry in Poland decreased to 13,310 enterprises since the previous year. Nevertheless, the last two years in this industry recorded a significant higher number of enterprises than the preceding years.

 

Number of enterprises in the manufacture of footwear industry in Poland from 2010 to 2020

Poland: number of footwear manufacturers 2010-2020

Description: The number of enterprises in the footwear manufacturing industry in Poland decreased to 1,472 enterprises since the previous year. This marks the lowest number of enterprises in this industry during the observed period.

 

Total number of employees in the wearing apparel manufacturing sector in Poland from 2008 to 2020

Poland: employees in the wearing apparel manufacturing sector 2008-2020

Description: The number of employees in the wearing apparel manufacturing industry in Poland declined to 69,678 employees in 2020. In 2020, the number of employees thereby reached its lowest value in the recent years.

 

Total number of employees in the footwear manufacturing sector in Poland from 2009 to 2020

Number of employees in the footwear manufacturing sector 2009-2020

Description: The number of employees in the footwear manufacturing industry in Poland decreased by 3,146 employees (-18.18 percent) in 2020 in comparison to the previous year. This marks the lowest number of employees in this industry during the observed

period.

 

Clothing production in Poland from 2020 to 2022 (in 1,000s of units)

Production volume of apparel products in Poland 2020-2022

Description: In 2022, more than 2.1 million units of men’s or boy’s trousers, overalls, breeches, and shorts were produced in Poland. It is 1,201 thousand units more than the production of trousers, overalls, breeches, and shorts for women.

 

Production value of the manufacture of wearing apparel industry in Poland from 2009 to 2020 (in million euros)

Production value of the manufacture of wearing apparel in Poland 2009-2020

Description: In 2020, the production value of the wearing apparel manufacturing industry in Poland remained nearly unchanged at around 2.3 billion euros

 

Volume of footwear production in Poland from 2017 to 2022 (in 1,000 pairs)

Production volume of footwear in Poland 2017-2022

Description: In 2022, nearly 20.5 million pairs of shoes were produced in Poland, which constituted a decrease by over five percent compared to the previous year.

 

Volume of leather* production in Poland from 2017 to 2022 (in metric tons)

Production volume of leather in Poland 2017-2022

Description: The volume of leather produced in Poland decreased in the observed period. In 2022, nearly 5.7 thousand metric tons of leather were produced.

 

Value and growth of the clothing and footwear market in Poland from 2015 to 2021 (in billion zloty)

Market value of clothing & footwear in Poland 2015-2021

Description: Between 2015 and 2019, the clothing and footwear market value has increased steadily. It is estimated that the market will decline by 16.3 percent in 2020 due to the COVID-19 pandemic. However, in 2021, it is forecasted to grow to 37.6 billion zloty.

 

Net financial result in the clothing manufacturing sector in Poland from 2017 to 2022 (in million zloty)

Net financial result in the clothing sector in Poland 2017-2022

Description: Net financial results in the clothing manufacturing sector increased in the observed period in Poland by 15.1 percent. In 2022, amounted to over 309 million zloty.

 

02 Trade

The section on trade focuses on the import and export dynamics of apparel, footwear, and related products. We highlight leading suppliers and destinations, shedding light on Poland’s global trade connections in the fashion industry.

Apparel and clothing accessories imports and exports in Poland from 2017 to 2021 (in million euros)

Apparel and clothing accessories imports and exports in Poland 2017-2021

Description: In 2021, the exchange of goods on the apparel market in Poland increased. The import value increased by nearly 21 percent in comparison to the previous year, while the export value increased by nearly 27 percent.

 

Leading suppliers of apparel products imported into Poland in 2021,based on value (in million U.S. dollars)

Leading suppliers of apparel products imported into Poland 2021

Description: In 2021, Pakistan was the main supplier of apparel products to Poland, with imports valued at approximately 20.6 million U.S. dollars. India ranked second, with imports into Poland worth approximately 13 million U.S. dollars.

 

Leading destinations of apparel products exported from Poland in 2021, based on value (in million U.S. dollars)

Leading destinations of apparel products exported from Poland 2021

Description: In 2021, Germany was the leading export country for apparel products in Poland, with exports valued at approximately 25 million U.S. dollars. Spain ranked second, with exports from Poland worth about three million U.S. dollars.

 

Footwear imports and exports in Poland from 2017 to 2021 (in million euros)

Shoe imports and exports in Poland 2017-2021

Description: In 2021, the exchange of goods on the footwear market in Poland increased. The import value increased by more than 11 percent in comparison to the previous year, while the export value increased by over 14 percent.

 

Footwear and headgear imports and exports in Poland in 2021, by major countries (in 1,000 euros)

Shoe and headgear imports and exports in Poland 2021, by major countries

Description: In 2021, the largest exporter of footwear, headgear, etc., to Poland was China. The value of imports from China amounted to more than 1.33 billion euros. On the other hand, Poland’s most significant export of footwear and headgear was to Germany(one billion euros).

 

Imports and exports of travel goods, handbags, and similar containers in Poland from 2017 to 2021 (in million euros)

Bag imports and exports in Poland 2017-2021

Description: In 2021, the exchange of goods on the bag market in Poland increased. The import value increased by over n17.3 percent in comparison to the previous year, while the export value increased by 34.7 percent.

 

Imports and exports of leather, leather manufactures, and dressed furskins in Poland from 2017 to 2021 (in million euros)

Leather goods imports and exports in Poland 2017-2021

Description: In 2021, the exchange of goods in the leather market in Poland increased. The import value increased by 16 percent in comparison to the previous year, while the export value also grew by more than 11 percent.

 

03 Retail

In this section, we explore the retail landscape, including popular clothing and footwear brands, consumer preferences, and the shift towards online shopping. We investigate the reasons behind buying decisions, the most sought-after product features, and the impact of COVID-19 on retail sales.

Leading clothing and footwear brands in Poland in 2022, by value of brand (in million zloty)

Ranking of clothing and footwear brands in Poland 2022, by value

Description: The Polish clothing and apparel brandReserved opens the ranking of the most valuable clothing and footwear brands in Poland in 2022, followed by footwear chain CCC.

 

Number of retail stores with footwear and leather goods in Poland from 2017 to 2021

Number of retail stores with footwear and leather goods in Poland 2017-2021

Description: In 2021, the number of retail stores with footwear and leather goods in Poland decreased by 4.2 percent as compared to the previous year.

 

Most popular shops where consumers buy clothes and shoes in Poland in 2022

Popular shops with clothes and footwear in Poland 2022

Description: In 2022, 24 percent of respondents in Poland purchased clothes or footwear in the Reserved brand. H&M chain followed with 23 percent.

 

Most popular shops where consumers buy clothes and shoes in Poland in 2022, by gender

Popular shops with clothes and footwear in Poland 2022, by gender

Description: In 2022, H&M in Poland was more frequently visited by women (27 percent) than men (15 percent).

 

 

Most popular shops with clothing and footwear stores in Poland in 2022, by purchase channel

Most popular shops with clothing and shoes shops in Poland 2022, by channel

Description: The definite leader of traditional sales in Poland in 2022 was Reservedas many as 54 percent of respondents were shopping there. In the online channel, this chain had a share of 27 percent. In the online channel the most popular was Zalando, with a

share of 38 percent.

 

Ranking of the highest rated online stores with clothing and footwear in Poland in 2022

Best online shops for clothing and footwear in Poland 2022, by the highest rate

Description: In 2022, online footwear store eobuwie.pl was at the top of the ranking of online shops with clothing and footwear in Poland, reaching almost 56 points in this category.

 

Average monthly per capita expenditure on clothing and footwear in Poland from 2000 to 2021 (in zloty)

Per capita average monthly spending on clothing and footwear in Poland 2000-2021

Description: Spending by Poles on clothing and footwear increased over the period observed. In 2021, consumers spent nearly 58 zloty per month on these products.

 

Gross and net return on sales in the clothing manufacturing sector in Poland from 2017 to 2022

Gross and net turnover profitability indicator in apparel market in Poland 2017-2022

Description: In 2018, the clothing manufacturing sector recorded the highest gross and net return on sales, with a ratio of 9.1 and 7.9 percent, respectively. In 2022, the net turnover profitability indicator decreased on the previous year, reaching seven percent.

 

Change in prices of clothing and footwear in Poland from 2015 to 2021

Prices of clothing and footwear in Poland 2015-2021

Description: In 2021, prices of clothing and footwear in Poland decreased by 0.2 percent compared to the previous year. According to the source, clothing prices dropped by 0.5 percent, and footwear increased by 0.8 percent.

 

Year-on-year retail sales index of clothing, textile, and footwear at constant prices in Poland from 2019 to 2021

Retail sales growth of clothing, textile and footwear in Poland 2019-2021

Description: In 2021, the retail sales index of clothing, textiles, and footwear at constant prices y/y increased by 32 percent compared to 2020 in Poland.

 

04 Companies

The companies section delves into the financial performance of key players in the Polish fashion and accessories market. We highlight revenue figures for well-known brands and analyze their growth trajectories.

Number of wearing apparel manufacturing enterprises in Poland from 2020 to 2021, by number of employees*

Number of apparel manufacturing enterprises in Poland 2020-2021, by employee number

Description: Out of the total of 1481, there were 1276 wearing apparel manufacturers in Poland, with 49 employees or less in 2021.

 

Number of textile manufacturing enterprises in Poland from 2020 to 2021, by number of employees*

Number of textile manufacturing enterprises in Poland 2020-2021, by employee number

Description: Out of the total of 818, there were 635 textile manufacturers in Poland, with 49 employees or less in 2021.

 

Number of leather goods manufacturing enterprises in Poland from 2020 to 2021, by number of employees*

Number of leather goods manufacturing companies Poland 2020-2021, by employee number

Description: Out of the total of 334, there were 284 leather goods manufacturers in Poland, with 49 employees or less in 2021.

 

Revenues of companies manufacturing apparel in Poland from 2015 to 2022 (in million zloty)

Revenues of enterprises producing apparel in Poland 2015-2022

Description: In the observed period, the revenues of enterprises producing apparel in Poland fluctuated. In 2022, these revenues amounted to approximately 5.3 billion zloty.

 

Revenue of the LPP S.A. group worldwide from 2006 to 2022* (in million zloty)

Revenue of the LPP S.A. group worldwide 2006-2022

Description: In 2022, LPP S.A. group’s revenue reached more than 15.9 billion zloty worldwide.

 

Financial results in the clothing and jewelry segment of VRG Capital Group in Poland in 2021 (in million zloty)

Financial results of the apparel and jewelryVRG Capital Group in Poland 2021

Description: Revenues from sales of the clothing and jewelry segment of VRG Capital Group in Poland in 2021 amounted to nearly 1.1 billion zloty. Net profit from sales of apparel amounted to 386 million zloty.

 

Year-on-year change in revenue from the retail sale of CCC S.A. Capital Group’s footwear in Poland in 2021, by brand name (in million zloty)

Retail sales revenues of footwear company CCC S.A. in Poland 2021, by brand

Description: In the fourth quarter of 2021, one of the largest footwear retail companies in Poland and Central Europe recorded a 46 percent increase in revenues compared to the same period last year. The most growth by CCC stores.

 

Revenue from the sale of Wojasfootwear in Poland from 2019 to 2022, by type of channel (in million zloty)

 

Sales revenues of footwear company Wojas in Poland 2019-2022, by channel

Description: In 2022, Wojas footwear company in Poland achieved consolidated net sales revenues of 331.5 million zloty, an increase by 13.4 percent compared to the same period last year. The most significant sales growth was recorded in offline retail sales (+33.9 percent y/y).

 

Revenue from the sale made by Wittchen in Poland from 2018 to 2022 (in million zloty)

Wittchen sales revenues in Poland 2018-2022

Description: In 2022, Wittchen, a producer of exclusive leather products in Poland, achieved a sales revenue of approximately 406 million zloty. This is an increase of 46.2 percent compared to the previous year. The highest sales came from the retail segment, reaching

over 345 million zloty.

 

Financial results of Answear.com* in Poland from 2020 to 2022 (in 1,000 zloty)

Financial results of Answear.com in Poland 2020-2022

Description: Year by year, the sales revenues achieved by Answear.com Polish online store increased. In 2022, the company also recorded a net profit of over 25.8 million zloty.

 

05 Consumption

Consumer behavior plays a pivotal role in shaping the fashion market. In this section, we examine household consumption expenditure on clothing and footwear, shedding light on the drivers behind consumer spending decisions.

Household consumption expenditure on clothing in Poland from 2009 to 2021 (in million zloty)

Consumer spending on clothing in Poland 2009-2021

Description: The annual consumption expenditure of households on clothing in Poland increased by 8.2 billion Zloty (+16.68 percent) in 2021. With 57.2 billion Zloty, the annual consumption expenditure of households thereby reached its highest value in the observed

period. Notably, the annual consumption expenditure of households in this industry has been, with the exception of 2020, continuously increasing over the last years.

 

Household consumption expenditure on footwear in Poland from 2009 to 2021 (in million zloty)

Consumer spending on footwear in Poland 2009-2021

Description: The annual consumption expenditure of households on footwear in Poland increased significantly by 4.6 billion Zloty (+35.05 percent) in 2021. With 17.6 billion Zloty, the annual consumption expenditure of households thereby reached its highest value in the observed period.

 

Why do you prefer buying clothes in a brick-and-mortar stores?

Reasons for buying clothes in-store in Poland 2022

Share of people buying clothes and footwear online in Poland 2020-2022

Description: In 2022, the main reasons consumers bought clothes in traditional stores in Poland were the possibility to see and touch the product and buy them outright.

 

Share of people purchasing clothes, footwear, and accessories online in Poland from 2020 to 2022

Share of people buying clothes and footwear online in Poland 2020-2022

Description: In 2022, nearly 73 percent of Poles who buy clothes, shoes, and accessories regularly used the online channel for this purpose.

 

Most important product features when making a purchase of clothes in Poland in 2022

Most important product features when making a clothing purchase in Poland 2022

Description: In 2022, the most important product feature when purchasing clothes in Poland was the right price. Following was high-quality material that is durable and repairable, with 60 percent of votes from respondents

 

Channels where consumers look for fashion products in Poland in 2022

Channels where consumers look for fashion products in Poland 2022

Description: In 2022, 42 percent of Polish respondents were looking for fashion products on portals such as Allegro, Amazon, Facebook, and Aliexpress. On the other hand, around 10 percent were looking to buy fashion products via social media.

 

Reasons why people are buying clothing or other fashion products in Poland in 2022

Reasons why people are buying clothing or other fashion products in Poland 2022

Description: In 2022, more than half of the respondents in Poland were buying clothing or other fashion products to look good, and almost half of Poles had to replace the old product with a new one.

 

Reasons for wearing clothes from Polish fashion brands in Poland in 2022

Reasons for wearing clothes from Polish fashion brands 2022

Description: In 2022, over half of Polish respondents wore clothes from Polish fashion brands because they were comfortable and of good quality. On the other hand, 44 percent chose them due to their favorable price.

 

What convinces you of a certain fashion brands in Poland in 2022

Reasons for choosing a fashion brand in Poland 2022

Description: In 2022, the fashion brand’s style convinced almost half of the Polish respondents. In addition, the design influenced 36 percent of people.

 

Reasons for using used clothes over new in Poland in 2022

Reasons for using used clothes over new in Poland 2022

Description: In 2022, half of the respondents in Poland stated that the main reason why they were using used clothes over new ones was their cheap purchase.

 

06 COVID-19 impact

The COVID-19 pandemic had a profound impact on various industries, including fashion. In this section, we delve into how the pandemic affected consumer behavior, production, sales, and the emergence of e-commerce as a dominant channel for fashion shopping.

Change in sales of FMCG products due to coronavirus (COVID-19) outbreak in Poland between February and May 2020, by product category

Increase in sales of FMCG products due to COVID-19 Poland 2020, by product category

 

Description: The outbreak of the coronavirus epidemic in Poland in March 2020 had a significant impact on the purchase changes in Poles, which translated into the volume of product sales. In the period from February to March, the highest sales increase was recorded for products from the health category, such as dietary supplements or OTC drugs. The most significant drop was observed in the sale of cosmetics and perfumes, by as much as 41 percent.

 

Change in sold production of industry in Poland between 2020 and 2022, by sector

Sold production of industry in Poland 2022, by sector

Description: In March 2020, industry’s sold production was 2.3 percent lower than in March 2019. After eliminating the impact of seasonal factors in Poland, the drop in production in March was even higher and amounted to 4.8 percent year-on-year. In most of theleading industrial groups, a decrease in production was recorded in March on an annual basis. The output of cars fell by 29 percent, and pharmaceuticals increased by 40 percent. In April, the industry’s sold production was 24.6 percent lower.

 

Change in the turnover of stores operating in shopping centers due to thecoronavirus (COVID-19) outbreak in Poland in March 2020, by product category

Turnover change of stores operating in shopping centers due to COVID-19 Poland 2020

Description: In March 2020, the turnover of tenants operating in monitored shopping centers Poland decreased by 62 percent compared to the previous year. The most significant falls were recorded by the fashion industry (73 percent y/y).

 

Which shops will you visit in the first place when they reopen after the coronavirus (COVID-19) lockdown?

Type of shops you will visit after reopening due to COVID-19 lockdown in Poland 2020

Description: The Polish Prime Minister announced that as of May 4, 2020, shopping centers in Poland would be reopened after the coronavirus (COVID-19) lockdown. Their availability will be gradually resumed due to the introduced restrictions (person limits, the closing of restaurants in shopping malls). After the reopening of shopping centers, over 38 percent of Poles will visit clothing stores. The second type of shops that the respondents plan to visit in the first place will be interior and garden equipment

 

Cancelled orders of clothing manufacturers due to the coronavirus (COVID-19) outbreak in Poland in 2020

Cancelled orders of clothing manufacturers due to COVID-19 in Poland 2020

Description: Due to the crisis caused by the coronavirus epidemic in 2020, every second clothing manufacturer in Poland experienced order cancellations at the level of 50 and 99 percent.

 

Places where people bought clothes online during coronavirus (COVID-19) pandemic in Poland in 2021

Places where people bought clothes online during COVID-19 pandemic in Poland 2021

Description: In 2021, during the coronavirus (COVID-19) pandemic, Poles were most likely to buy clothes online through shopping platforms with a variety of products59 percent, chain stores44 percent, and shopping platforms dedicated to clothes30 percent.

 

Buying clothes online during coronavirus (COVID-19) pandemic, by age in Poland in 2021

Buying clothes online during COVID-19 pandemic, by age in Poland 2021

Description: In 2021, during the coronavirus (COVID-19) pandemic, the highest percentage of respondents aged 18-24 bought clothes online82 percent.

 

07 Outlook

Lastly, we offer insights into the future prospects of the fashion and accessories market in Poland. We provide revenue forecasts, predict trends in e-commerce, and analyze projected consumer spending patterns. By looking at the potential growth areas, we aim to equip stakeholders with valuable information for strategic decision-making.

 

Fashion e-commerce revenue forecast in Poland from 2017 to 2027 (in billion U.S. dollars)

Fashion e-commerce revenue forecast in Poland 2017-2027

Description: E-commerce fashion revenue in Poland is expected to grow to 7.6 billion U.S. dollars in 2027.

 

Revenue of the apparel market in Poland from 2014 to 2027 (in million U.S. dollars)

Revenue of the apparel industry in Poland 2014-2027

Description: The revenue in the apparel market in Poland was forecast to continuously increase between 2023 and 2027 by in total 4,132 million U.S. dollars (+26.5 percent). The revenue is estimated to amount to 19.7 billion U.S. dollars in 2027.Find further

information concerning the revenue in the apparel market by looking at countries similar to Poland, such as Czechia and Hungary.

Revenue of the footwear market in Poland from 2018 to 2028 (in million U.S. dollars)

Revenue of the footwear industry in Poland 2018-2028

Description: The revenue in the footwear market in Poland was forecast to continuously increase between 2023 and 2028 by in total 417.9 million U.S. dollars (+14.47 percent). The revenue is estimated to amount to 3.3 billion U.S. dollars in 2028.Find further

information concerning the revenue in the footwear market by looking at other countries, such as Thailand and Indonesia.

 

Revenue of the watches & jewelry market in Poland from 2013 to 2026 (in million U.S. dollars)

Revenue of the watches & jewelry industry in Poland 2013-2026

Description: The revenue in the watches & jewelry segment of the accessories market in Poland was forecast to continuously increase between 2023 and 2026 by in total 82.8 million U.S. dollars (+10.15 percent). The revenue is estimated to amount to 898.88 million

U.S. dollars in 2026.Find further information concerning the Accessories market and its segments. Here you can find the revenue concerning the accessories market in Thailand and the revenue concerning the accessories market in Indonesia.

 

Total consumer spending on clothing and footwear in Poland from 2013 to 2028 (in million U.S. dollars)

Total consumer spending on clothing and footwear in Poland 2013-2028

Description: The total consumer spending on clothing and footwear in Poland was forecast to continuously increase between 2023 and 2028 by in total 9.77 billion U.S. dollars (+37.67 percent). The fashion-related spending is estimated to amount to 35.7 billion U.S.

dollars in 2028.

 

Real per capita consumer spending on clothing and footwear in Poland from 2013 to 2028 (in U.S. dollars)

Real per capita consumer spending on clothing and footwear in Poland 2013-2028

Description: The real per capita consumer spending on clothing and footwear in Poland was forecast to continuously increase between 2023 and 2028 by in total 639.3 U.S. dollars (+62.34 percent). After the fifth consecutive increasing year, the real fashion-related per capita spending is estimated to reach 1.66 thousand U.S. dollars and therefore a new peak in 2028. Notably, the real per capita consumer spending on clothing and footwear was continuously increasing over the past years.

 

Value of the luxury clothing, footwear and accessories market in Poland from 2014 to 2026 (in million zloty)

Value of the luxury clothing, footwear and accessories market in Poland 2014-2026

Description: In 2021, the value of the luxury clothing, footwear, and accessories market reached over 2.9 billion zloty in Poland. According to the forecasted average annual growth of 3.5 percent, the value of the segment will exceed 3.5 billion zloty in 2026.

 

מחשבה סופית

The fashion and accessories market in Poland is a vibrant and dynamic industry that continues to evolve with changing consumer preferences and technological advancements. As Poland emerges as a prominent player in the global fashion arena, it presents exciting opportunities for businesses and investors. By understanding the current trends and future outlook, stakeholders can make informed decisions to thrive in this competitive market.

חקר שעונים מותאמים אישית או יוקרתיים: ניתוח SWOT להצלחה

Step into the world of luxury watches, explore a SWOT analysis, shedding light on strengths, weaknesses, opportunities, and threats in this refined realm. This assessment is your compass through the dynamic luxury watches market from 2023 to 2030, guiding strategies by uncovering internal capabilities and external forces. A market research tool for watch manufacturers, it maximizes strengths, exploits opportunities, and mitigates weaknesses and threats—a perceptive snapshot before venturing into microbrand building or investment.

This market research tool is your essential companion, ensuring informed decisions as you embark on the path of building or investing in a microbrand. If you’re still on the fence about getting into this market, check out this analysis.

What does SWOT mean?

SWOT means: Strengths, Weaknesses, Opportunities and Threats.

SWOT Analysis on Wikepedia

 

What does SWOT mean for customized watches and why is it important to analyze it?

 

A SWOT analysis helps to establish what a company does well, address its shortcomings, minimize risk, and maximize opportunities for success. It can be used as a guide rather than a prescription.

 

This approach can be used to initiate strategy development or is better suited as a serious strategy tool. Companies can also use it to understand their competitors, providing the insights needed to build a coherent and successful competitive position.

 

By analyzing the SWOT of customized watches, there is some reference significance for some customers who have just entered this industry, whether to make their own brand of watches, or to sell other people’s brand of watches or neutral brand of watches, after analyzing them, they will probably have some decisions of their own.

 

In short, identifying core strengths, weaknesses, opportunities and threats can lead to fact-based analysis, fresh perspectives and unique ideas. So let’s get started with our SWOT analysis of customized watches.

Below are the SWOT analysis of Customized Watches

Strengths: Advantages of Customized Watches or Luxury Watches for Customers

look at the key internal factors of its business to locate the strengths of customized watches , which gives it a competitive advantage and strengthens its position in the market.

Strengths of customized or luxury watches:

  • Customization Potential: Men’s and women’s models, sizes, straps, colors, and more can be customized, enhancing watch popularity and customer appeal.
  • Brand Development: Owning your brand offers significant benefits, enabling price premium and the potential for subsequent product development.
  • Market Flexibility: You can choose your market position, whether niche, popular, expensive, or affordable, and modify marketing methods accordingly.
  • Control Over Quality and Pricing: Complete control over prices and quality without interference from dealers, distributors, or manufacturers.
  • Part-time or Full-time Venture: The flexibility to operate the business part-time or full-time allows for a balanced lifestyle.
  • Diverse Sales Channels: Leveraging e-commerce and other services broadens avenues for watch sales and customer reach.
  • Expanded Product Line: If selling clothing or jewelry, watches can complement your product range, creating a comprehensive brand series.
  • Movement Options: Choose from Swiss movements for high-end quality or cost-effective Japanese movements.
  • Retail and Wholesale Options: Retail or wholesale opportunities are available, with minimal storage requirements and manageable battery replacement costs.
  • Watch Store Integration: If you own a watch store, you can retail your brand alongside other established watch brands.
  • Exceptional Customer Service: Offering excellent customer service sets you apart, fostering customer loyalty and positive word-of-mouth.
  • Value-Added Services: Providing repairs, appraisals, and customization adds value and generates additional revenue streams.
  • Cross-Selling Potential: Cross-sell other products from your range as customers seek one product, boosting sales opportunities.
  • Bargaining Power: Sourcing from diverse manufacturers and distributors empowers bargaining, reducing costs and boosting profits.
  • Historical heritage that makes other products irreplaceable: A rich cultural history, high demand from loyal consumers, and a wide range of product choices make the industry attractive to businesses, investors, and consumers.

Weaknesses: Disadvantages of Customized Watches or Luxury Watches for Customers

WeaknessesUnveiling Areas of Improvement: Examine the vulnerabilities within the luxury watches market. Assess factors like production challenges, pricing pressure, evolving consumer preferences, or distribution complexities. Identify strategies to mitigate these weaknesses and enhance overall competitiveness.

 

Weaknesses of customized or luxury watches:

  • High MOQ Limited Design Variety: High MOQ on Customized watches may limit customers to a single product style, potentially restricting customer choices.
  • Inventory Challenges: Accumulating excessive inventory is a weakness, as it ties up capital and can lead to storage issues.
  • High Overhead Costs: Significant investments in inventory, rent, utilities, marketing, and staffing contribute to high overhead.
  • Appeal to Collectors: Small brand status may deter series watch collectors and enthusiasts who typically gravitate toward established brands.
  • International Presence: Limited global presence due to small brand stature necessitates significant investment for international expansion.
  • Low Consumer Awareness: Lack of publicity and marketing campaigns can result in low brand awareness among consumers.
  • Absence of Dedicated Website: Operating without a dedicated website requires starting marketing efforts from scratch.
  • Quality Control: A fragmented supply chain could compromise product quality and consistency. So the supplier control issue is a the key point
  • Weak Supply Chain: An inadequate supply chain can lead to product delivery delays and customer dissatisfaction.
  • Time-Intensive Design Process: Designing watches demands substantial time, patience, and effort.
  • Supplier Communication: Customized watches requires long and effective communication.
  • Intense Competition: Competition from larger brands with a substantial market share presents a significant challenge. The market is highly competitive, requiring a well-defined brand and niche to succeed
  • Market Saturation: The watch market’s popularity has led to numerous retailers, intensifying competition and impacting profitability.
  • Seasonal Demand: Seasonal fluctuations in watch demand can challenge steady year-round sales.
  • Technological Impact: Advances in technology, particularly smartphone timekeeping, could diminish demand for traditional watches.
  • Cell Phone Competition: Cell phonesbuilt-in timers provide an alternative to watch time-checking, potentially reducing watch demand.
  • Limited Upgrades: People may resist upgrading watches as cell phones and other devices fulfill time-checking needs.

 

Opportunities: Customized Watches or Luxury Watches, opportunities on external competition

OpportunitiesGlimpses of Growth: Explore emerging opportunities that lie ahead.Opportunities for any brand may include prospects for future growth.

Here are the opportunities of customized or luxury watches: :

  • Promotions and Marketing: Utilize strategic promotions and marketing campaigns to boost watch popularity and reinforce brand positioning.
  • Women’s Line Expansion: Introduce a dedicated women’s line to diversify the consumer base and capture a larger market share.
  • Global Market Expansion: Enhance global presence and market penetration by strategically entering new international markets.
  • Retail and Distribution Network: Capitalize on opportunities to expand the brand’s retail and distribution network on a global scale.
  • Product Line Expansion: Explore possibilities to diversify the product range by introducing new models and expanding offerings.
  • Emerging Market Focus: Tap into the potential of developing luxury markets, leveraging untapped opportunities for growth.
  • Digital Watch Exploration: Venture into the digital watch segment as a strategic avenue for business expansion and innovation.
  • Quality and Awareness Enhancement: Continuously improve product quality and brand awareness to foster growth and loyalty.
  • Expanding Industry Opportunity: Embrace the expanding nature of the watch industry, particularly in the rapidly growing Asian market.

Threats: The Threats of Customized or Luxury Watches for Customers

ThreatsNavigating External Pressures: Investigate external threats that could impact the luxury watches sector. Consider economic fluctuations, changing regulations, counterfeit concerns, and shifts in consumer behavior. Develop proactive strategies to safeguard against these potential risks.

Competition for custom watch brands comes primarily from smartwatches and market economics,

Threats of customized or luxury watches: :

  • Fluctuating Market Conditions: Consumer purchasing patterns may be influenced by unpredictable market fluctuations, leading to cautious spending on luxury watches.
  • Counterfeit Concerns: The presence of counterfeit or imitation watches in the market poses a risk to brand credibility and sales.
  • Fierce competition: many brands of watches, more miscellaneous brands, quality is not the same, the majority of small-scale, a wide range of products
  • Economic Impact: Economic instability can lead to reduced consumer confidence and discretionary spending on luxury items like watches.
  • Shifting Fashion Preferences: Evolving fashion trends can sway consumer choices, impacting the demand for traditional luxury watches.
  • Smartwatch Popularity: The rising popularity of smartwatches, especially among younger generations, may divert attention from traditional luxury timepieces.
  • Competitive Landscape: Intense competition from various watch brands can potentially lead to pricing pressures and market share battles.
  • Upsurge of High-End Smartwatches: The growth of high-end smartwatches and wearables in the luxury segment presents both competition and adaptation challenges.
  • Tariff Uncertainties: High tariffs pose a notable threat to watchmaking, affecting production costs and potentially influencing pricing strategies.

 

In all, technological advancements, counterfeit products, and a shift in consumer preferences to alternative forms of timekeeping may impact the industry’s growth and profitability.

 

Strategic RecommendationsCrafting the Path Forward

This recommendation will for you to enhance the luxury watches market’s resilience and growth trajectory in the years ahead.

  • Diversified Design Options: Expand customization choices to encompass a wider range of designs, enabling customers to select from a diverse array of styles and features.
  • Optimized Inventory Management: Implement efficient inventory management systems to mitigate excessive stock accumulation and associated carrying costs.
  • Brand Strengthening: Invest in robust branding and marketing initiatives to enhance brand recognition, especially among series watch collectors and enthusiasts.
  • Global Market Expansion: Develop a comprehensive international expansion strategy, focusing on building a formidable presence in key markets to attract a diverse global customer base.
  • Digital Presence Establishment: Establish a prominent online presence with a dedicated website, leveraging digital marketing and e-commerce platforms to expand brand reach.
  • Supply Chain Enhancement: Collaborate closely with suppliers to establish a well-coordinated supply chain, ensuring consistent product quality and timely delivery.
  • Distinctive Identity: Emphasize unique design elements and craftsmanship to differentiate the brand from competitors, creating a compelling brand identity.
  • Customer-Centric Approach: Foster a strong customer engagement strategy, including personalized interactions, post-sales services, and loyalty programs to enhance customer satisfaction and loyalty.
  • Strategic Partnerships: Explore collaborations with renowned designers, influencers, or brands to enhance brand credibility and expand reach.
  • Sustainability Focus: Incorporate sustainable practices, such as eco-friendly materials and ethical sourcing, to appeal to environmentally conscious consumers.
  • Continuous Innovation: Cultivate a culture of innovation to continually refresh product offerings, staying attuned to evolving consumer preferences and emerging trends.
  • Data-Driven Decision-Making: Utilize data analytics to gain insights into customer behavior and market trends, enabling informed decisions and targeted strategies.
  • Stringent Quality Control: Prioritize rigorous quality control measures to ensure each customized watch meets the highest standards, building trust among customers.
  • Flexibility and Adaptability: Maintain flexibility in business operations to quickly respond to market changes and consumer demands, ensuring sustained competitiveness.
  • Value-Added Services Expansion: Broaden value-added services such as repairs, appraisals, and customization to enhance customer experiences and generate additional revenue streams.
  • Cross-Promotion Strategies: Leverage cross-selling opportunities by promoting other products within the brand’s range to boost sales and customer engagement.
  • Operational Efficiency: Continuously improve operational efficiency to optimize processes, reduce costs, and enhance overall business performance.
  • Innovative Marketing Campaigns: Develop innovative marketing campaigns that resonate with target audiences and effectively communicate the brand’s unique value proposition.
  • Strategic Pricing: Carefully analyze pricing strategies to strike a balance between value and affordability, considering market trends and customer perceptions.
  • Continuous Learning: Stay attuned to industry developments, consumer preferences, and technological advancements to adapt and innovate as needed.
  • Community Engagement: Cultivate a strong online and offline community presence to foster brand loyalty and encourage word-of-mouth marketing.
  • Crisis Preparedness: Develop contingency plans to address potential disruptions in the supply chain or market dynamics, ensuring business continuity.

מחשבה אחרונה:

In the world of luxury watches, a SWOT analysis provides a roadmap for success. By assessing strengths, weaknesses, opportunities, and threats, watch manufacturers can make informed decisions to navigate the market’s complexities. From customization potential to global expansion and innovation, strategic actions can maximize strengths, mitigate weaknesses, seize opportunities, and counter threats. This comprehensive analysis and strategic recommendations ensure that the luxury watches market thrives in a rapidly evolving landscape, marking the journey towards prosperous microbrand building and investment.

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