Product Code: ETC4804621 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The watches market in Angola is witnessing a steady growth driven by rising disposable incomes and a growing preference for luxury and fashion accessories. The market includes a wide range of products from high-end luxury brands to affordable fashion watches. Increasing urbanization and changing consumer lifestyles are contributing to the market`s expansion, with a significant presence of both international and local brands.
The watches market in Angola is growing with rising disposable incomes and evolving fashion trends. Luxury and premium watch brands are expanding their presence in urban centers, catering to consumer preferences for high-quality timepieces. E-commerce platforms are also contributing to market growth by offering a wide range of international and domestic watch brands, enhancing accessibility for consumers across Angola.
The watches market in Angola faces challenges including high import duties and taxes, which increase the cost of watches. Ensuring consistent quality and authenticity, particularly with luxury and branded watches, is critical. Additionally, competition from other timekeeping devices such as smartphones and digital watches presents hurdles.
The Angolan government supports the watches market by fostering a conducive business environment for luxury goods imports and local retail operations. Policies include tariffs on luxury imports, consumer protection laws, and initiatives to promote Angola as a retail hub for high-end watches.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Angola Watches Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola Watches Market Revenues & Volume, 2021 & 2031F |
3.3 Angola Watches Market - Industry Life Cycle |
3.4 Angola Watches Market - Porter's Five Forces |
3.5 Angola Watches Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Angola Watches Market Revenues & Volume Share, By Operations, 2021 & 2031F |
3.7 Angola Watches Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Angola Watches Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Angola Watches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Angola Watches Market Trends |
6 Angola Watches Market Segmentations |
6.1 Angola Watches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Angola Watches Market Revenues & Volume, By Smart Watches, 2021-2031F |
6.1.3 Angola Watches Market Revenues & Volume, By Luxury Watches, 2021-2031F |
6.1.4 Angola Watches Market Revenues & Volume, By Fitness Watches, 2021-2031F |
6.2 Angola Watches Market, By Operations |
6.2.1 Overview and Analysis |
6.2.2 Angola Watches Market Revenues & Volume, By Mechanical, 2021-2031F |
6.2.3 Angola Watches Market Revenues & Volume, By Quartz, 2021-2031F |
6.3 Angola Watches Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Angola Watches Market Revenues & Volume, By Hypermarket/ Supermarket, 2021-2031F |
6.3.3 Angola Watches Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Angola Watches Market Revenues & Volume, By Online, 2021-2031F |
6.5 Angola Watches Market, By End-Users |
6.5.1 Overview and Analysis |
6.5.2 Angola Watches Market Revenues & Volume, By Women, 2021-2031F |
6.5.3 Angola Watches Market Revenues & Volume, By Unisex, 2021-2031F |
7 Angola Watches Market Import-Export Trade Statistics |
7.1 Angola Watches Market Export to Major Countries |
7.2 Angola Watches Market Imports from Major Countries |
8 Angola Watches Market Key Performance Indicators |
9 Angola Watches Market - Opportunity Assessment |
9.1 Angola Watches Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Angola Watches Market Opportunity Assessment, By Operations, 2021 & 2031F |
9.3 Angola Watches Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 Angola Watches Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Angola Watches Market - Competitive Landscape |
10.1 Angola Watches Market Revenue Share, By Companies, 2024 |
10.2 Angola Watches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |