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Luxury Watches & Jewelry: market data & analysis

Market ÌÇÐÄÆÆ½â°æ report

The segment Luxury Watches & Jewelry accounted for 33% of the Luxury Goods revenue in 2023. This report from the series of segment reports gives an overview of the Luxury Watches & Jewelry market from an international perspective.


What's included?

  • All relevant sales figures and growth rates, including forecasts until 2029
  • Regional comparison with focus on Europe, Americas and Asia

Table of contents

Watches and jewelry, known as 'hard luxury,' distinguish themselves from fashion and accessories by their durable materials and craftsmanship. Hard luxury remains a core segment of the personal luxury goods industry, holding a significant share of sales. While growth in this sector slowed recently due to economic shifts and evolving preferences, demand from younger buyers and a rebound in China's market are rejuvenating interest in this category. Major players include LVMH, Richemont, Kering, Swatch, Chow Tai Fook, and Rolex

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