• Japan: watches retail market size 2021

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In 2021, the retail value of the watch market in Japan was forecast to amount to 710 billion Japanese yen, an increase from almost 623 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 2012 to 2020 with a forecast for 2021 (in billion Japanese yen)

Characteristic	Retail value in billion Japanese yen
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Release date

February 2022

More information

Region

Japan

Survey time period

2012 to 2020

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 2012 to 2020 are quoted from the materials in Japan Clock and Watch Association, and the forecast of the figures in 2021 are calculated by Yano Research Institute."

Data prior to 2014 comes from previous reporting.
1 Japanese yen equals 0.0077 U.S. dollars or 0.0073 euros as of May 2022.
Values have been rounded.