Traditional and connected watches is set to maintain dynamic but slowing double-digit current value growth in India in the forecast period. The category is witnessing a fascinating dichotomy, as both traditional analogue watches and smartwatches are poised for growth, each catering to distinct consumer preferences and needs.
Jewellery and watch specialists is expected to remain the dominant channel for sales of traditional watches in the forecast period, thanks to offering personalised service and expertise, which cater to the preferences of discerning consumers. Meanwhile, retail e-commerce has been gaining prominence in connected watches, and this is set to continue, as this distribution channel provides convenience and a wider product selection to tech-savvy consumers.
Innovation in both design and technology remains a focal point for companies operating within traditional and connected watches. For instance, Titan’s Edge line, renowned for its slim watches since 2002, took a significant leap forward with the launch of the Titan Edge Mechanical, marking the thinnest mechanical watch yet produced by an Indian watchmaker.
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Understand the latest market trends and future growth opportunities for the Traditional and Connected Watches industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Traditional and Connected Watches industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Traditional and Connected Watches
This report originates from Passport, our Traditional and Connected Watches research and analysis database.
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