| Product Code: ETC11297986 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Belgium saw a steady flow of watch imports from top exporting countries including China, Metropolitan France, Germany, Switzerland, and Spain. Despite moderate concentration levels indicated by the HHI, the market experienced a slight decline in the CAGR from 2020 to 2024. However, there was a notable uptick in growth from 2023 to 2024, demonstrating resilience in the Belgian watch import market. This suggests opportunities for further expansion and diversification within the industry in the coming years.

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 Belgium Watch Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Watch Market - Industry Life Cycle |
3.4 Belgium Watch Market - Porter's Five Forces |
3.5 Belgium Watch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Watch Market Revenues & Volume Share, By Material Used, 2021 & 2031F |
3.7 Belgium Watch Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Belgium Watch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Belgium |
4.2.2 Growing fashion consciousness and trend-following among consumers |
4.2.3 Technological advancements leading to innovative watch designs and features |
4.3 Market Restraints |
4.3.1 Competition from alternative accessories such as smartwatches |
4.3.2 Economic uncertainty impacting consumer spending on luxury items |
4.3.3 Changing consumer preferences towards minimalistic lifestyle affecting watch purchases |
5 Belgium Watch Market Trends |
6 Belgium Watch Market, By Types |
6.1 Belgium Watch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Watch Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Belgium Watch Market Revenues & Volume, By Analog, 2021 - 2031F |
6.1.4 Belgium Watch Market Revenues & Volume, By Digital, 2021 - 2031F |
6.1.5 Belgium Watch Market Revenues & Volume, By Smart, 2021 - 2031F |
6.1.6 Belgium Watch Market Revenues & Volume, By Luxury, 2021 - 2031F |
6.1.7 Belgium Watch Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2 Belgium Watch Market, By Material Used |
6.2.1 Overview and Analysis |
6.2.2 Belgium Watch Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.2.3 Belgium Watch Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.2.4 Belgium Watch Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.2.5 Belgium Watch Market Revenues & Volume, By Gold & Diamonds, 2021 - 2031F |
6.2.6 Belgium Watch Market Revenues & Volume, By Leather & Metal, 2021 - 2031F |
6.3 Belgium Watch Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Belgium Watch Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Belgium Watch Market Revenues & Volume, By Sports, 2021 - 2031F |
6.3.4 Belgium Watch Market Revenues & Volume, By Tech Users, 2021 - 2031F |
6.3.5 Belgium Watch Market Revenues & Volume, By High-income Consumers, 2021 - 2031F |
6.3.6 Belgium Watch Market Revenues & Volume, By Professionals, 2021 - 2031F |
6.4 Belgium Watch Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Belgium Watch Market Revenues & Volume, By Fashion, 2021 - 2031F |
6.4.3 Belgium Watch Market Revenues & Volume, By Fitness Tracking, 2021 - 2031F |
6.4.4 Belgium Watch Market Revenues & Volume, By Wearable Technology, 2021 - 2031F |
6.4.5 Belgium Watch Market Revenues & Volume, By Status Symbol, 2021 - 2031F |
6.4.6 Belgium Watch Market Revenues & Volume, By Business Wear, 2021 - 2031F |
7 Belgium Watch Market Import-Export Trade Statistics |
7.1 Belgium Watch Market Export to Major Countries |
7.2 Belgium Watch Market Imports from Major Countries |
8 Belgium Watch Market Key Performance Indicators |
8.1 Average selling price (ASP) of watches in Belgium |
8.2 Number of new watch designs launched in the market |
8.3 Customer satisfaction scores for watch brands |
8.4 Percentage of online sales growth for watches in Belgium |
8.5 Engagement metrics on social media platforms for watch brands |
9 Belgium Watch Market - Opportunity Assessment |
9.1 Belgium Watch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Watch Market Opportunity Assessment, By Material Used, 2021 & 2031F |
9.3 Belgium Watch Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Belgium Watch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Watch Market - Competitive Landscape |
10.1 Belgium Watch Market Revenue Share, By Companies, 2024 |
10.2 Belgium Watch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here