Revenue of the luxury watch market worldwide by country 2022

Published by
Tugba Sabanoglu,
Feb 13, 2024
According to Statista Consumer Market Outlook estimates, China was the leading market for luxury watches in terms of revenue. In 2022, the market revenue for this segment amounted to approximately 10.4 billion U.S. dollars.

Revenue of the luxury watch market worldwide in 2022 (in million U.S. dollars), by country

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Supplementary notes

Luxury watches segment contains luxury wristwatches and pocket watches. Also included are smartwatches by the covered luxury brands (the Apple Watch, except for Hermès’ licensed adaptation, is not included). In contrast to the Watches segment in the Consumer Market Outlook’s Accessories market, handmade watches are included here.

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Luxury watch industryGlobal personal luxury goods industryLuxury goods market in ChinaHugo BossMoët Hennessy Louis Vuitton (LVMH Group)
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