• Japan: watches retail market size 2020

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In 2020, the retail value of the watch market in Japan was forecasted to amount to around 749 billion Japanese yen, a decrease from almost 887 billion yen in the previous year. 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 2010 to 2019 with a forecast for 2020 (in billion Japanese yen)

	Retail value in billion Japanese yen
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Source

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Source

Release date

January 2021

More information

Region

Japan

Survey time period

2010 to 2019

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.
The source provides the information that the actual figures from 2010 to 2019 are quoted from the materials in Japan Clock and Watch Association, and the forecast of the figures in 2020 are calculated by Yano Research Institute."

Data prior to 2013 comes from previous reporting.
1 Japanese yen equals about 0.0097 U.S. dollars or 0.0079 euros as of January 2021.
Values have been rounded.