Luxury Timepieces in Russia

December 2021 | 19 pages | ID: L06EA7C0F73EN
Euromonitor International Ltd

Abstracts

Luxury timepieces had been going through a period of stagnation prior to the outbreak of COVID-19, with the economic downturn that started in 2015 negatively impacting sales. Some consumers chose to postpone purchases, while others looked abroad to secure more favourable prices. The fortunes of luxury timepieces improved greatly following the outbreak of COVID-19. Russia closed its borders in March 2020 and while restrictions were subsequently eased it continued to impose controls in 2021 when t...

Euromonitor International's Luxury Timepieces in Russia 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 RUSSIA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Strict border controls keep sales of luxury timepieces ticking along
Players forced to focus on digital strategy due to impact of COVID-19
Mercury stands out thanks to Rolex’s investment appeal
PROSPECTS AND OPPORTUNITIES
Travel and the economy in focus as producers of luxury timepieces look to the future
Retailers and brands expected to embrace the digital landscape as they look to the next generation of consumers
Rolex expected to retain its status as the king of 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 RUSSIA
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