Luxury Report 2018 – Luxury Watches & Jewelry

Statista Consumer Market Outlook - Segment Report

Luxury Report 2018 – Luxury Watches & Jewelry Watches and jewelry are usually referred to as “hard luxury” to differentiate them from fashion and accessories. 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. In 2017, Luxury Watches & Jewelry sales increased by 0.2% in comparison to 2016 and reached US$82 billion.


What's included?
  • Market overview
  • Segment overview
  • Competitive Landscape
  • KPI comparison: Sales and growth rate

In the Statista Consumer Market Outlook Market Reports our analysts compile an overview of the segment and trends, market sizes, regional development, and key players. An overview of all Outlook Reports can be found here.

We also provide segments reports on Luxury Goods segments:
In the
Statista Consumer Market Outlook Segment Reports our analysts compile an overview of the segment and trends, market sizes, regional development, and key players. An overview of all Outlook Reports can be found here.

Statista's Consumer Market Outlook presents the key performance indicators sales, revenues and prices of the most important consumer markets worldwide. Our specialized analysts’ market calculations are based on data from validated sources.

Note: Worldwide numbers only includes countries listed in the Statista Consumer Market Outlook

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Watches and jewelry are usually referred to as “hard luxury” to differentiate them from fashion and accessories, which are made from comparatively “soft” materials. 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.
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.

This report from the series of Consumer Market Outlook segment reports gives an overview of the Luxury Watches & Jewelry market from an international perspective.

You can find further information on the topic on Consumer Market Outlook/Luxury Watches & Jewelry

  • Language: English
  • Released: August 2018
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