Allied Market Research

2024

Bracelet Watches Market

Bracelet Watches Market Size, Share, Competitive Landscape and Trend Analysis Report by Types and by Applications : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Introduction
The global bracelet watches market is expected to experience robust growth over the forecast period. This can be attributed to the growing popularity of these watches among young adults and children. Bracelet watches are available in a variety of styles, such as platinum, rose gold, gold-plated, and others. The growing demand for these watches is mainly driven by the rising disposable income of consumers and the availability of a wide range of designs. Moreover, the increasing trend of fashion accessories, especially among the younger generation, is expected to fuel the growth of the global bracelet watches market.
Market Dynamics
The rising disposable income of consumers has increased their purchasing power, enabling them to buy more expensive and stylish accessories, such as bracelet watches. Moreover, the increasing trend of fashion accessories among the younger generation is expected to propel the growth of the global bracelet watches market. In addition, the growing demand for these watches from adult women is expected to further drive the growth of the global bracelet watches market.
On the other hand, the availability of counterfeit products at low prices is expected to hamper the growth of the global bracelet watches market. Moreover, the high price of original products is expected to hinder the growth of the global bracelet watches market.
Market Analysis
The global bracelet watches market is segmented based on type and application. On the basis of type, the market is segmented into platinum case, rose gold case, gold-plated watch case, and others. The rose gold case segment is expected to dominate the global bracelet watches market during the forecast period owing to its increasing popularity among adult women. On the basis of application, the market is segmented into children and adult women. The adult women segment is expected to dominate the global bracelet watches market during the forecast period.
On the basis of region, the global bracelet watches market is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global bracelet watches market during the forecast period owing to the presence of a large number of manufacturers in the region. Moreover, the rising demand for bracelet watches in countries, such as China and India, is expected to further drive the growth of the global bracelet watches market in the region.
Future Trends
The growing popularity of online shopping is expected to provide an impetus to the growth of the global bracelet watches market. Moreover, the increasing focus on product innovation and customization is expected to drive the growth of the global bracelet watches market. Additionally, the rising demand for luxury and stylish watches is expected to propel the growth of the global bracelet watches market.
Key Regulations
The increasing focus of governments on consumer protection is expected to have a positive impact on the growth of the global bracelet watches market. Furthermore, the growing awareness regarding the counterfeiting of products is expected to fuel the growth of the global bracelet watches market.
Segmental Overview
On the basis of type, the platinum case segment is expected to dominate the global bracelet watches market during the forecast period owing to its increasing popularity among adult women. On the basis of application, the adult women segment is expected to dominate the global bracelet watches market during the forecast period owing to the increasing demand for stylish and luxury watches.
Market Scenario
Chanel, MACYS, Van Cleef & Arpels, Dior, Swarovski, Piaget, anneklein, Bvlgari, Movado, Special, naturallyjojo, evecico, and vodoya are some of the leading players operating in the global bracelet watches market. These players are focusing on product innovation and customization to gain a competitive edge in the market. Moreover, these players are focusing on product launches, acquisitions, business expansions, partnerships, investments, and upcoming events to drive their growth in the global bracelet watches market.
In the past four years, Chanel has launched several new watch collections, such as the Chanel J12, Chanel Monsieur de Chanel, and Chanel Code Coco. Furthermore, MACYS has launched a range of new watch collections, such as the MICHAEL KORS Access Runway, MICHAEL KORS Lexington Hybrid Smartwatch, and MICHAEL KORS Bradshaw Smartwatch. Moreover, Van Cleef & Arpels has launched the Van Cleef & Arpels Van Cleef Hummingbird watch. Similarly, Dior has launched a new watch collection, such as the Dior VIII Grand Bal. Moreover, Swarovski has launched several new watch collections, such as the Swarovski Octea Lux, Swarovski Shine, and Swarovski Attract.
Porter’s Five Force Analysis
The global bracelet watches market is highly competitive and is characterized by the presence of a large number of regional and international players. Moreover, the market is characterized by high barriers to entry due to the presence of a few large players. Furthermore, the market is characterized by high switching costs due to the presence of a few large players. Additionally, the market is highly fragmented due to the presence of a large number of regional and international players. Moreover, the market is characterized by high bargaining power of buyers due to the presence of a few large players.
Qualitative Insights
Product innovation and customization are expected to be the key strategies adopted by the players operating in the global bracelet watches market. Moreover, the players are focusing on product launches, partnerships, and acquisitions to strengthen their position in the global bracelet watches market. Furthermore, the players are focusing on investments and upcoming events to drive their growth in the global bracelet watches market. Additionally, the players are focusing on pricing strategies to gain a competitive edge in the global bracelet watches market.
The 5 new companies that are expected to gain a foothold in the global bracelet watches market are Fossil, Gucci, Tissot, Guess, and Kate Spade. These companies are expected to focus on product innovation and customization to gain a competitive edge in the global bracelet watches market. Moreover, these companies are expected to focus on product launches, partnerships, and acquisitions to strengthen their position in the global bracelet watches market. Additionally, these companies are expected to focus on investments and upcoming events to drive their growth in the global bracelet watches market. Furthermore, these companies are expected to focus on pricing strategies to gain a competitive edge in the global bracelet watches market.

 

Key Benefits of the Report

  • This study presents the analytical depiction of the Bracelet Watches Market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the Bracelet Watches Market share.
  • The current market is quantitatively analyzed to highlight the Bracelet Watches Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Bracelet Watches Market analysis based on competitive intensity and how the competition will take shape in coming years

Bracelet Watches Market Report Highlights

Aspects Details
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By Types
  • Platinum Case
  • Rose Gold Case
  • Gold-plated Watch Case
  • Others
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By Applications
  • Children
  • Adult Women
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Chanel MACYS Van CleefArpels Dior Swarovski Piaget anneklein Bvlgari Movado Special naturallyjojo evecico vodoy

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Bracelet Watches Market

Global Opportunity Analysis and Industry Forecast, 2023-2032