| Product Code: ETC6773104 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a sharp decline in growth rates, Colombia continues to be a key market for pre-owned luxury watches, with imports mainly sourced from China, Thailand, Japan, and Switzerland in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure, potentially posing challenges for market competitiveness. The negative compound annual growth rate (CAGR) from 2020 to 2024 and the significant drop in growth rate from 2023 to 2024 reflect a challenging environment for the pre-owned luxury watch market in Colombia, signaling the need for strategic adjustments and market diversification.

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 Pre Owned Luxury Watches Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Pre Owned Luxury Watches Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Pre Owned Luxury Watches Market - Industry Life Cycle |
3.4 Colombia Pre Owned Luxury Watches Market - Porter's Five Forces |
3.5 Colombia Pre Owned Luxury Watches Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Colombia Pre Owned Luxury Watches Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Colombia Pre Owned Luxury Watches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in disposable income of consumers in Colombia |
4.2.2 Growing popularity of luxury watches as a status symbol |
4.2.3 Rising trend of sustainability and circular economy, encouraging the purchase of pre-owned items |
4.3 Market Restraints |
4.3.1 High import taxes and tariffs on luxury goods |
4.3.2 Competition from counterfeit products affecting consumer trust in pre-owned luxury watches |
5 Colombia Pre Owned Luxury Watches Market Trends |
6 Colombia Pre Owned Luxury Watches Market, By Types |
6.1 Colombia Pre Owned Luxury Watches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Pre Owned Luxury Watches Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Colombia Pre Owned Luxury Watches Market Revenues & Volume, By Automatic Pre-Owned Luxury Watches, 2021- 2031F |
6.1.4 Colombia Pre Owned Luxury Watches Market Revenues & Volume, By Manual Pre-Owned Luxury Watches, 2021- 2031F |
6.2 Colombia Pre Owned Luxury Watches Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Colombia Pre Owned Luxury Watches Market Revenues & Volume, By Offline, 2021- 2031F |
6.2.3 Colombia Pre Owned Luxury Watches Market Revenues & Volume, By Online, 2021- 2031F |
7 Colombia Pre Owned Luxury Watches Market Import-Export Trade Statistics |
7.1 Colombia Pre Owned Luxury Watches Market Export to Major Countries |
7.2 Colombia Pre Owned Luxury Watches Market Imports from Major Countries |
8 Colombia Pre Owned Luxury Watches Market Key Performance Indicators |
8.1 Average transaction value per pre-owned luxury watch |
8.2 Percentage of repeat customers in the pre-owned luxury watches market |
8.3 Growth rate of online platforms specializing in the sale of pre-owned luxury watches |
9 Colombia Pre Owned Luxury Watches Market - Opportunity Assessment |
9.1 Colombia Pre Owned Luxury Watches Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Colombia Pre Owned Luxury Watches Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Colombia Pre Owned Luxury Watches Market - Competitive Landscape |
10.1 Colombia Pre Owned Luxury Watches Market Revenue Share, By Companies, 2024 |
10.2 Colombia Pre Owned Luxury Watches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |