Luxury Timepieces in Mexico

December 2021 | 20 pages | ID: L9F35EAB5BCEN
Euromonitor International Ltd

Abstracts

Department stores, and watch and jewellery specialists are the key channels for sales of luxury timepieces in the Mexican market, as shoppers for these products are keen to inspect and try on these devices prior to purchasing, whilst also receiving specialist advice around functionality and factors such as the most suitable straps. These non-essential retail outlets were forced to close for a good part of 2020, dramatically impacting category sales during the year. With the reopening of stores,...

Euromonitor International's Luxury Timepieces in Mexico 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 MEXICO
KEY DATA FINDINGS
2021 DEVELOPMENTS
Consumers prefer to experience products first-hand before purchase
Focus on developing personalisation across both the physical and digital experience
Launch events go digital
PROSPECTS AND OPPORTUNITIES
Recovery driven by return to physical stores, increasing confidence, and revival of social occasions
New launches and limited editions to remain important
Ongoing role for digital activity
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 MEXICO
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