Watches market size in Japan 2012-2023

Published by C. Diep, Mar 18, 2024
In 2023, the retail value of the watch market in Japan was forecast to cross the one trillion Japanese yen mark, reaching a decade-high. Watches make up the majority of the Japanese timepiece-related retail market, with smart watches expanding steadily.

Retail value of the domestic watches market in Japan from 2012 to 2022 with a forecast for 2023 (in billion Japanese yen)

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Release date

February 2024

Region

Japan

Survey time period

2012 to 2022

Special properties

market sizes are calculated based on the retail price

Supplementary notes

*Forecast.

Targets were manufacturers, wholesalers, and retailers in the clocks and watches industry, local subsidiaries of overseas companies, importers and exporters.

Data prior to 2016 comes from previous reporting.
100 Japanese yen equal 0.67 U.S. dollars or 0.61 euros as of March 2024.
Values have been rounded.

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