Luxury Timepieces in Canada

December 2021 | 18 pages | ID: L6E15198B45EN
Euromonitor International Ltd

Abstracts

Sales of luxury timepieces were impacted heavily in 2020 and at the start of 2021 as retailers were obliged to close their physical stores during the lockdown periods. Luxury timepieces are typically bought in-store as customers wish to see and experience them before buying due to the value of high-end watches. However, as regions reopened their economies and loosened safety measures, consumers increasingly transitioned back to their pre-pandemic work and social activities, including shopping. E...

Euromonitor International's Luxury Timepieces in Canada report offers a comprehensive guide to the size and shape of the Luxury Timepieces market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Timepieces retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Men's Luxury Timepieces, Women's Luxury Timepieces.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Luxury Timepieces market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

LUXURY TIMEPIECES IN CANADA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Recovery begins for luxury timepieces as economies and stores reopen
Retailers invest in physical outlets and e-commerce as distribution options widen
Robustness of domestic demand shown by the increasingly competitive environment
PROSPECTS AND OPPORTUNITIES
Recovery expected by mid-forecast period though lack of tourists will restrict growth
E-commerce likely to grow but consumers will still prefer the in-store experience
Customers of mid-priced traditional watches to increasingly transfer to luxury timepieces for prestige and differentiation from everyday smart watches
CATEGORY DATA
Table 1 Sales of Luxury Timepieces by Category: Value 2016-2021
Table 2 Sales of Luxury Timepieces by Category: % Value Growth 2016-2021
Table 3 NBO Company Shares of Luxury Timepieces: % Value 2016-2020
Table 4 LBN Brand Shares of Luxury Timepieces: % Value 2017-2020
Table 5 Distribution of Luxury Timepieces by Format: % Value 2016-2021
Table 6 Forecast Sales of Luxury Timepieces by Category: Value 2021-2026
Table 7 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2021-2026
LUXURY GOODS IN CANADA
EXECUTIVE SUMMARY
Luxury goods in 2021: The big picture
2021 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 8 Sales of Luxury Goods by Category: Value 2016-2021
Table 9 Sales of Luxury Goods by Category: % Value Growth 2016-2021
Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
Table 11 NBO Company Shares of Luxury Goods: % Value 2016-2020
Table 12 LBN Brand Shares of Luxury Goods: % Value 2017-2020
Table 13 Distribution of Luxury Goods by Format and Category: % Value 2021
Table 14 Forecast Sales of Luxury Goods by Category: Value 2021-2026
Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources