Kuwait Watches Market (2020-2026) | Size, Forecast, Share, Revenue, Growth, COVID-19 IMPACT, Companies, Analysis, Trends, Value, Industry & Outlook
Market Forecast By Type (Smart Watches, Luxury Watches, Fitness Watches), By Operations (Mechanical, Quartz), By Distribution Channel (Hypermarket/ Supermarket, Convenience Stores, Online), By End-Users (Women, Unisex) And Competitive Landscape
| Product Code: ETC016142 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Kuwait Watches Market Competition 2023
Kuwait Watches market currently, in 2023, has witnessed an HHI of 6044, Which has increased slightly as compared to the HHI of 5677 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Kuwait Export Potential Assessment For Watches Market (Values in USD Thousand)
Kuwait Watches Market Synopsis
The Kuwaiti watch market has been growing steadily in recent years due to the influx of new consumer trends such as smartwatches and connected devices. The total value of watch sales in 2020 is estimated to reach KWD 15 million, representing a compound annual growth rate (CAGR) of 8% from 2016-2020. This growth is expected to continue over the forecast period (2021-2026), with an estimated CAGR of 6%, reaching KWD 20 million by 2026
The increasing awareness among consumers about the importance of having stylish, fashionable watches has also led to higher demand for premium products such as luxury watches and other brands like Rolex and Omega that have become increasingly popular since 2018. As a result, there has been an increase in prices across all types of watches during this period. Additionally, online sales are gaining traction which is further contributing to the positive outlook for the Kuwaiti watch market and will be a major driver for future growth over 2021-2026
Key Highlights of the Report:
- Kuwait Watches Market Outlook
- Market Size of Kuwait Watches Market, 2019
- Forecast of Kuwait Watches Market, 2026
- Historical Data and Forecast of Kuwait Watches Revenues & Volume for the Period 2016 - 2026
- Kuwait Watches Market Trend Evolution
- Kuwait Watches Market Drivers and Challenges
- Kuwait Watches Price Trends
- Kuwait Watches Porter's Five Forces
- Kuwait Watches Industry Life Cycle
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Type for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Smart Watches for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Luxury Watches for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Fitness Watches for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Operations for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Mechanical for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Quartz for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Hypermarket/ Supermarket for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Convenience Stores for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Online for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By End-Users for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Women for the Period 2016 - 2026
- Historical Data and Forecast of Kuwait Watches Market Revenues & Volume By Unisex for the Period 2016 - 2026
- Kuwait Watches Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Operations
- Market Opportunity Assessment By Distribution Channel
- Market Opportunity Assessment By End-Users
- Kuwait Watches Top Companies Market Share
- Kuwait Watches Competitive Benchmarking By Technical and Operational Parameters
- Kuwait Watches Company Profiles
- Kuwait Watches Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Kuwait Watches Market Overview |
3.1 Kuwait Country Macro Economic Indicators |
3.2 Kuwait Watches Market Revenues & Volume, 2019 & 2026F |
3.3 Kuwait Watches Market - Industry Life Cycle |
3.4 Kuwait Watches Market - Porter's Five Forces |
3.5 Kuwait Watches Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Kuwait Watches Market Revenues & Volume Share, By Operations, 2019 & 2026F |
3.7 Kuwait Watches Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
3.9 Kuwait Watches Market Revenues & Volume Share, By End-Users, 2019 & 2026F |
4 Kuwait Watches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kuwait Watches Market Trends |
6 Kuwait Watches Market, By Types |
6.1 Kuwait Watches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Kuwait Watches Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Kuwait Watches Market Revenues & Volume, By Smart Watches, 2016 - 2026F |
6.1.4 Kuwait Watches Market Revenues & Volume, By Luxury Watches, 2016 - 2026F |
6.1.5 Kuwait Watches Market Revenues & Volume, By Fitness Watches, 2016 - 2026F |
6.2 Kuwait Watches Market, By Operations |
6.2.1 Overview and Analysis |
6.2.2 Kuwait Watches Market Revenues & Volume, By Mechanical, 2016 - 2026F |
6.2.3 Kuwait Watches Market Revenues & Volume, By Quartz, 2016 - 2026F |
6.3 Kuwait Watches Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Kuwait Watches Market Revenues & Volume, By Hypermarket/ Supermarket, 2016 - 2026F |
6.3.3 Kuwait Watches Market Revenues & Volume, By Convenience Stores, 2016 - 2026F |
6.3.4 Kuwait Watches Market Revenues & Volume, By Online, 2016 - 2026F |
6.5 Kuwait Watches Market, By End-Users |
6.5.1 Overview and Analysis |
6.5.2 Kuwait Watches Market Revenues & Volume, By Women, 2016 - 2026F |
6.5.3 Kuwait Watches Market Revenues & Volume, By Unisex, 2016 - 2026F |
7 Kuwait Watches Market Import-Export Trade Statistics |
7.1 Kuwait Watches Market Export to Major Countries |
7.2 Kuwait Watches Market Imports from Major Countries |
8 Kuwait Watches Market Key Performance Indicators |
9 Kuwait Watches Market - Opportunity Assessment |
9.1 Kuwait Watches Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Kuwait Watches Market Opportunity Assessment, By Operations, 2019 & 2026F |
9.3 Kuwait Watches Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
9.5 Kuwait Watches Market Opportunity Assessment, By End-Users, 2019 & 2026F |
10 Kuwait Watches Market - Competitive Landscape |
10.1 Kuwait Watches Market Revenue Share, By Companies, 2019 |
10.2 Kuwait Watches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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