| Product Code: ETC5025576 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Greece electronic watches market, import trends showed a notable growth rate from 2023 to 2024 at 8.91%, with a compound annual growth rate (CAGR) of 13.65% for the period 2020-2024. This increase in imports could be attributed to a surge in consumer demand for electronic watches driven by technological advancements and shifting consumer preferences towards smart wearable devices.

The electronic watches market in Greece is growing, particularly in the premium and smart watch segments. Consumers are increasingly adopting electronic watches for their functionality, including fitness tracking, health monitoring, and connectivity with smartphones. With technological advancements and the growing demand for wearable devices, the electronic watches market in Greece is expected to continue its growth trajectory, especially among tech-savvy consumers.
The Greece electronic watches market is benefiting from the growing demand for smartwatches and wearable technology. As consumers seek multifunctional devices that offer not only timekeeping but also fitness tracking, communication, and health monitoring features, the market for electronic watches is expanding. The increasing popularity of smartwatches as lifestyle accessories and the growing trend of health and fitness monitoring are driving the growth of the electronic watch market in Greece. Additionally, advancements in battery life, display technology, and app integration are fueling the demand for electronic watches.
The electronic watch market in Greece faces challenges related to competition from smartphone technology, which offers many of the same features as traditional electronic watches. As consumers increasingly rely on smartphones for timekeeping and fitness tracking, the demand for electronic watches has slowed. Additionally, manufacturers are under pressure to offer innovative features, such as enhanced battery life and wearable technology, to differentiate their products in a crowded market.
The electronic watches market in Greece is influenced by government regulations related to consumer electronics, product safety, and environmental standards. Policies that promote energy efficiency and the reduction of hazardous substances in electronics affect the production and sale of electronic watches. Additionally, regulations on labeling, import standards, and consumer protection ensure that products meet safety and quality standards in the 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 Greece Electronic Watches Market Overview |
3.1 Greece Country Macro Economic Indicators |
3.2 Greece Electronic Watches Market Revenues & Volume, 2022 & 2032F |
3.3 Greece Electronic Watches Market - Industry Life Cycle |
3.4 Greece Electronic Watches Market - Porter's Five Forces |
3.5 Greece Electronic Watches Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Greece Electronic Watches Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Greece Electronic Watches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for smart features in watches |
4.2.2 Technological advancements leading to the development of innovative electronic watch designs |
4.2.3 Growing adoption of wearable technology among the younger population in Greece |
4.3 Market Restraints |
4.3.1 High competition from traditional watch manufacturers |
4.3.2 Economic instability and fluctuating consumer spending in Greece |
4.3.3 Concerns regarding data privacy and security with smart electronic watches |
5 Greece Electronic Watches Market Trends |
6 Greece Electronic Watches Market Segmentations |
6.1 Greece Electronic Watches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Greece Electronic Watches Market Revenues & Volume, By Digital Quartz Watch, 2022-2032F |
6.1.3 Greece Electronic Watches Market Revenues & Volume, By Analog Quartz Electronic Watch, 2022-2032F |
6.1.4 Greece Electronic Watches Market Revenues & Volume, By Automatic Quartz Watch, 2022-2032F |
6.1.5 Greece Electronic Watches Market Revenues & Volume, By Solar Electronic Watch, 2022-2032F |
6.1.6 Greece Electronic Watches Market Revenues & Volume, By Multi-Functional Electronic Watch, 2022-2032F |
6.2 Greece Electronic Watches Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Greece Electronic Watches Market Revenues & Volume, By Men, 2022-2032F |
6.2.3 Greece Electronic Watches Market Revenues & Volume, By Women, 2022-2032F |
6.2.4 Greece Electronic Watches Market Revenues & Volume, By Children, 2022-2032F |
7 Greece Electronic Watches Market Import-Export Trade Statistics |
7.1 Greece Electronic Watches Market Export to Major Countries |
7.2 Greece Electronic Watches Market Imports from Major Countries |
8 Greece Electronic Watches Market Key Performance Indicators |
8.1 Percentage increase in the number of electronic watch models launched annually |
8.2 Growth in the number of partnerships between electronic watch brands and technology companies for product enhancements |
8.3 Percentage of consumers in Greece using electronic watches for fitness tracking and health monitoring |
9 Greece Electronic Watches Market - Opportunity Assessment |
9.1 Greece Electronic Watches Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Greece Electronic Watches Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Greece Electronic Watches Market - Competitive Landscape |
10.1 Greece Electronic Watches Market Revenue Share, By Companies, 2032 |
10.2 Greece Electronic Watches 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.
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