The Spanish economy is projected to grow at a moderate rate, but several economic and social factors are expected to limit the performance of certain categories, including traditional and connected watches. Inflation and high interest rates, which have diverged significantly from pre-review-period levels, are eroding disposable income for many Spaniards.
Spanish consumers are increasingly prioritising sustainability, and this growing interest is influencing their purchasing decisions across various categories, including watches. However, this demand for eco-friendly products is often tempered by price sensitivity, indicating that affordability remains a key factor.
Technology continues to be a significant driver of watch sales and is poised to shape the industry further over the forecast period. As Spaniards increasingly prioritise health, demand for watches that offer advanced features - particularly health-related innovations - is expected to grow.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Traditional and Connected Watches industry in Spain 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 Spain, 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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!