Product Code: ETC228284 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The watches and accessories market in Bahrain is well-developed, catering to a wide range of consumers, from those seeking affordable timepieces to luxury watch collectors. Bahrain`s affluent population and status as a retail hub for tourists drive demand for high-end watches from renowned brands, particularly from Switzerland and Japan. The market for watch accessories, including straps, cases, and winders, is also growing. As consumer interest in fashion and luxury goods remains strong, the watches and accessories market in Bahrain is expected to see continued growth, with a focus on premium and personalized products.
The Bahrain Watches and Accessories Market is thriving as luxury watches and fashion accessories remain popular among consumers. Watches are not only valued for their timekeeping function but also as status symbols and fashion statements. The market is driven by the rising demand for high-end, luxury timepieces, as well as more affordable fashion watches that cater to different consumer segments. Additionally, the growing trend of personalized and bespoke watches, along with the increasing popularity of watch accessories such as straps, cases, and winders, is contributing to the market`s growth in Bahrain.
The watches and accessories market in Bahrain faces growing competition from wearable technology such as smartwatches, which offer multifunctional capabilities beyond traditional timekeeping. As consumers increasingly prioritize features like fitness tracking and connectivity, demand for traditional wristwatches may decline. Furthermore, the market is dominated by international luxury and fashion brands, making it difficult for local manufacturers to compete. Price sensitivity among consumers, particularly for high-end watches and accessories, presents an additional challenge, as economic fluctuations can affect discretionary spending.
The watches and accessories market in Bahrain offers substantial opportunities for investors due to the high demand for luxury and mid-range timepieces. With a strong culture of fashion and luxury goods, Bahrain presents a lucrative market for premium watches, accessories, and custom designs. Investors can explore partnerships with global brands or create local luxury watch boutiques.
The watches and accessories market in Bahrain is influenced by government policies aimed at promoting the retail and luxury goods sectors. The government encourages the import and sale of high-end watches and accessories through favorable trade regulations and retail incentives. Additionally, Bahrainâs role as a shopping destination for tourists contributes to the growth of this market, supported by government tourism initiatives.
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 Bahrain Watches and Accessories Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Watches and Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Bahrain Watches and Accessories Market - Industry Life Cycle |
3.4 Bahrain Watches and Accessories Market - Porter's Five Forces |
3.5 Bahrain Watches and Accessories Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bahrain Watches and Accessories Market Revenues & Volume Share, By Product Design Type, 2021 & 2031F |
3.7 Bahrain Watches and Accessories Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Bahrain Watches and Accessories Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.9 Bahrain Watches and Accessories Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Bahrain Watches and Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among the population in Bahrain |
4.2.2 Growing demand for luxury and premium watches and accessories |
4.2.3 Tourism growth in Bahrain leading to increased demand for watches and accessories |
4.2.4 Rising fashion consciousness and trend-following among consumers in Bahrain |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting consumer purchasing power |
4.3.2 Competition from counterfeit products affecting the market |
4.3.3 Limited availability of premium watch brands in the market |
4.3.4 Import regulations and tariffs affecting the pricing of watches and accessories |
5 Bahrain Watches and Accessories Market Trends |
6 Bahrain Watches and Accessories Market, By Types |
6.1 Bahrain Watches and Accessories Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Watches and Accessories Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Bahrain Watches and Accessories Market Revenues & Volume, By Watches, 2021 - 2031F |
6.1.4 Bahrain Watches and Accessories Market Revenues & Volume, By Accessories, 2021 - 2031F |
6.2 Bahrain Watches and Accessories Market, By Product Design Type |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Watches and Accessories Market Revenues & Volume, By Square Watches, 2021 - 2031F |
6.2.3 Bahrain Watches and Accessories Market Revenues & Volume, By Rectangular Watches (Tank), 2021 - 2031F |
6.2.4 Bahrain Watches and Accessories Market Revenues & Volume, By Round Watches, 2021 - 2031F |
6.2.5 Bahrain Watches and Accessories Market Revenues & Volume, By Others (Tonneau, Cushion, Asymmetrical), 2021 - 2031F |
6.3 Bahrain Watches and Accessories Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Bahrain Watches and Accessories Market Revenues & Volume, By Male, 2021 - 2031F |
6.3.3 Bahrain Watches and Accessories Market Revenues & Volume, By Female, 2021 - 2031F |
6.3.4 Bahrain Watches and Accessories Market Revenues & Volume, By Kids, 2021 - 2031F |
6.4 Bahrain Watches and Accessories Market, By Price Range |
6.4.1 Overview and Analysis |
6.4.2 Bahrain Watches and Accessories Market Revenues & Volume, By Premium, 2021 - 2031F |
6.4.3 Bahrain Watches and Accessories Market Revenues & Volume, By Mid Range, 2021 - 2031F |
6.4.4 Bahrain Watches and Accessories Market Revenues & Volume, By Economic, 2021 - 2031F |
6.5 Bahrain Watches and Accessories Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Bahrain Watches and Accessories Market Revenues & Volume, By Mono-brand Stores, 2021 - 2031F |
6.5.3 Bahrain Watches and Accessories Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.5.4 Bahrain Watches and Accessories Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.5 Bahrain Watches and Accessories Market Revenues & Volume, By Online Retail Stores, 2021 - 2031F |
6.5.6 Bahrain Watches and Accessories Market Revenues & Volume, By Others, 2021 - 2031F |
7 Bahrain Watches and Accessories Market Import-Export Trade Statistics |
7.1 Bahrain Watches and Accessories Market Export to Major Countries |
7.2 Bahrain Watches and Accessories Market Imports from Major Countries |
8 Bahrain Watches and Accessories Market Key Performance Indicators |
8.1 Average spending on watches and accessories per capita in Bahrain |
8.2 Number of luxury watch retailers entering the Bahrain market |
8.3 Growth in online sales of watches and accessories in Bahrain |
8.4 Number of tourists purchasing watches and accessories in Bahrain |
8.5 Consumer sentiment towards luxury and fashion brands in Bahrain |
9 Bahrain Watches and Accessories Market - Opportunity Assessment |
9.1 Bahrain Watches and Accessories Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bahrain Watches and Accessories Market Opportunity Assessment, By Product Design Type, 2021 & 2031F |
9.3 Bahrain Watches and Accessories Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Bahrain Watches and Accessories Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.5 Bahrain Watches and Accessories Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Bahrain Watches and Accessories Market - Competitive Landscape |
10.1 Bahrain Watches and Accessories Market Revenue Share, By Companies, 2024 |
10.2 Bahrain Watches and Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |