Watches

Article Abstract:

The UK market for wristwatches was estimated at 14.8 million units in 1994, worth 475 million pounds sterling. The market is dominated by quartz analogue watches with an 86% share of value sales and 80% of volume sales. The UK's wristwatch market is supplied mainly by imports, particularly from Hong Kong and the Far East. The watch market is supplied by a large number of players, with Zeon Ltd.'s Zeon and Time Products' Sekonda brands having the most volume sales. The watches market is set to fall from 500 million pounds sterling in 1995 to 493 million pounds sterling by 1999.

Electronic Watches, Statistics

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Watches

Article Abstract:

The UK market for watches reached an estimated 615 million pounds sterling in 1999, up 25% from 1994, with growth set to continue in the short term. Within the total market, quartz digital accounts for some 19% of volume, while women's watch sales have grown at a faster rate than men's watches. The UK watch market is fragmented, although the leading brand is Zeon with a 14% share, followed by Sekonda with 10%. The market is expected to reach 670 million pounds sterling, at current prices, in 2000, rising to 869 million pounds sterling by 2004.

Analysis, Supply and demand, Clock and watch industry, Clocks and watches, Clock industry, Watch industry, Clocks

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Luxury watches

Article Abstract:

In 1995, the market for luxury watches was valued at 250 million pounds sterling, representing a total of 385,000 unit sales. The industry makes up 2.5% of the overall watch market in volume; and around 50% in value. The market is forecast to grow 22% in value between 1996 and the year 2000. An overview of the market is given, including details of size and trends; supply structure; market segments; advertising; consumer profiles; and forecasts for the future.

Industry Overview

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