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Swatch Group

Investments In The Luxury Watches Will Significantly Grow Until 2027

In 2022, the worldwide luxury watches industry was valued at approximately $29.19 billion, with a growth rate of 0.5% since 2017. Projections indicate that the market will increase to $37.29 billion by 2027, growing at 5.0% and further reaching $50 billion by 2032 with a 6.0% CAGR from 2027. Historical growth can be attributed to economic expansion in emerging markets, e-commerce growth, increasing high-income women, and a surge in international trade.
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