The overall definition of this segment follows broadly the Consumer Market Outlook’s Watches and Jewelry segment in the Accessories market, while here only sales of luxury brands are considered, and consequently, trend watches and fashion jewelry are excluded. Another difference is that luxury watches include hand-made watches that are not included in the Accessories market of the Consumer Market Outlook.
The shown market data are based on an analysis of more than 100 of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Accordingly, watches and jewelry from smaller companies or artisanal production unaffiliated with the companies covered are not included. All data are shown at retail value, which includes markups for retail distribution and sales taxes.
The biggest players in this field are LVMH, Richemont, Kering, Swatch, Chow Tai Fook and Rolex. A detailed list of all assessed companies and their brands can be found in the methodology.
Hard luxury is a mainstay of the personal luxury goods industry and still accounts for a high share of sales, yet it has been characterized by relatively low growth in recent years due to an economic slowdown and changing consumption habits especially in the Greater China region, which had fueled global sales in the beginning of the decade.
- Luxury segments and brands of the companies covered (see methodology for list)
- Watch parts and -bands
- Unfinished raw materials for jewelry (precious metals, pearls, precious or semi-precious stones)
- Artisanal and small-scale production unaffiliated with the covered companies (see methodology for list)
Luxury Goods Report 2019 – Luxury Watches & Jewelry
Statista Consumer Market Outlook - Segment ReportDownload
Revenue Revenue Growth
in the Luxury Watches & Jewelry market in million US$ in percent
- Revenue Growth
Average Revenue per Capita
in the Luxury Watches & Jewelry market in US$
Global Comparison - Revenue
in the Luxury Watches & Jewelry market in million US$
Here you can find more studies and statistics about "Luxury Watches & Jewelry".