| Product Code: ETC12593734 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Colombia luxury watches import market continues to thrive, with Switzerland, China, Peru, Austria, and Germany dominating shipments in 2024. The high Herfindahl-Hirschman Index (HHI) reflects significant market concentration. The impressive compound annual growth rate (CAGR) of 25.1% from 2020 to 2024 indicates a robust market expansion. Additionally, the growth rate of 3.97% from 2023 to 2024 highlights sustained momentum in the industry, positioning Colombia as a key player in the luxury watches import market.

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 Colombia Luxury Watches Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Luxury Watches Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Luxury Watches Market - Industry Life Cycle |
3.4 Colombia Luxury Watches Market - Porter's Five Forces |
3.5 Colombia Luxury Watches Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Colombia Luxury Watches Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Colombia Luxury Watches Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Colombia Luxury Watches Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Colombia Luxury Watches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income among the affluent population in Colombia |
4.2.2 Increasing fashion consciousness and desire for luxury products |
4.2.3 Rising tourism industry in Colombia attracting high-spending visitors |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuations in currency exchange rates |
4.3.2 High import taxes and tariffs on luxury goods |
4.3.3 Competition from other luxury product categories such as jewelry and accessories |
5 Colombia Luxury Watches Market Trends |
6 Colombia Luxury Watches Market, By Types |
6.1 Colombia Luxury Watches Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Luxury Watches Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Colombia Luxury Watches Market Revenues & Volume, By Analog, 2021 - 2031F |
6.1.4 Colombia Luxury Watches Market Revenues & Volume, By Digital, 2021 - 2031F |
6.1.5 Colombia Luxury Watches Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.1.6 Colombia Luxury Watches Market Revenues & Volume, By Smart Luxury Watches, 2021 - 2031F |
6.2 Colombia Luxury Watches Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Colombia Luxury Watches Market Revenues & Volume, By Gold, 2021 - 2031F |
6.2.3 Colombia Luxury Watches Market Revenues & Volume, By Silver, 2021 - 2031F |
6.2.4 Colombia Luxury Watches Market Revenues & Volume, By Platinum, 2021 - 2031F |
6.2.5 Colombia Luxury Watches Market Revenues & Volume, By Titanium, 2021 - 2031F |
6.3 Colombia Luxury Watches Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Colombia Luxury Watches Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.3.3 Colombia Luxury Watches Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.3.4 Colombia Luxury Watches Market Revenues & Volume, By Multi-Brand Stores, 2021 - 2031F |
6.3.5 Colombia Luxury Watches Market Revenues & Volume, By Company-Owned Stores, 2021 - 2031F |
6.4 Colombia Luxury Watches Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Colombia Luxury Watches Market Revenues & Volume, By Men, 2021 - 2031F |
6.4.3 Colombia Luxury Watches Market Revenues & Volume, By Women, 2021 - 2031F |
6.4.4 Colombia Luxury Watches Market Revenues & Volume, By Unisex, 2021 - 2031F |
6.4.5 Colombia Luxury Watches Market Revenues & Volume, By Collectors, 2021 - 2031F |
7 Colombia Luxury Watches Market Import-Export Trade Statistics |
7.1 Colombia Luxury Watches Market Export to Major Countries |
7.2 Colombia Luxury Watches Market Imports from Major Countries |
8 Colombia Luxury Watches Market Key Performance Indicators |
8.1 Average spending per purchase on luxury watches |
8.2 Number of luxury watch boutiques opening in key cities |
8.3 Growth in online sales of luxury watches in Colombia |
8.4 Percentage increase in the number of collaborations between luxury watch brands and Colombian influencers |
8.5 Customer satisfaction and retention rate for luxury watch brands in Colombia |
9 Colombia Luxury Watches Market - Opportunity Assessment |
9.1 Colombia Luxury Watches Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Colombia Luxury Watches Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Colombia Luxury Watches Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Colombia Luxury Watches Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Colombia Luxury Watches Market - Competitive Landscape |
10.1 Colombia Luxury Watches Market Revenue Share, By Companies, 2024 |
10.2 Colombia Luxury Watches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |