Luxury Watch Market Growth: Trends and Future Outlook
The luxury watch industry is set to experience substantial growth, with projections indicating an increase from USD 40.7 billion in 2022 to a remarkable USD 63.6 billion by 2032. This growth is expected to occur at a compound annual growth rate (CAGR) of 4.5% over the decade. Luxury watches are celebrated for their superior craftsmanship,