Luxury Timepieces in Malaysia

December 2021 | 19 pages | ID: LFC8BBF0F1DEN
Euromonitor International Ltd

Abstracts

Luxury timepieces have experienced a negative impact since the onset of COVID-19 in 2020. The closure of non-essential stores during the first lockdown between 18 March and 4 May 2020 meant jewellery and watch specialist retailers such as Watatime, TAG Heuer and Swiss Watch Gallery, which lead the distribution of luxury timepieces, were forced to cease operations during this time. Likewise, monobrand and multi-brand specialists in shopping centres, which were gaining popularity towards the end o...

Euromonitor International's Luxury Timepieces in Malaysia 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 MALAYSIA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Return of famous annual event for luxury timepieces
Consumers begin to divert savings made on international travel towards luxury timepieces in 2021
Strong price competition for entry-level luxury timepieces and growth in e-commerce
PROSPECTS AND OPPORTUNITIES
Rapid growth spike in 2022 after which sales growth slows to more normal levels
Industry players increasingly tap into e-commerce, especially for entry-levels brands
Aggressive new launches expected once travel restrictions ease and international tourists are able to return to Malaysia
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 MALAYSIA
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