| Product Code: ETC5407691 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Hong Kong continues to be a key market for watch strap imports, with top countries like China, Switzerland, Japan, Thailand, and Metropolitan France leading the way in 2024. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the market has shown a strong compound annual growth rate (CAGR) of 7.04% from 2020 to 2024. However, there was a slight decline in growth from 2023 to 2024, with a rate of -13.88%, suggesting potential shifts or challenges in the market dynamics that importers should monitor closely.

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 Hong Kong Watch Straps Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Watch Straps Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Watch Straps Market - Industry Life Cycle |
3.4 Hong Kong Watch Straps Market - Porter's Five Forces |
3.5 Hong Kong Watch Straps Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Hong Kong Watch Straps Market Revenues & Volume Share, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027), 2021 & 2031F |
3.7 Hong Kong Watch Straps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Watch Straps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customizable and trendy watch straps |
4.2.2 Growing adoption of smartwatches and fitness trackers driving the need for replacement straps |
4.2.3 Rising disposable income levels leading to higher spending on accessories like watch straps |
4.3 Market Restraints |
4.3.1 Competition from counterfeit or low-quality watch straps impacting market credibility |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Limited awareness about the benefits of high-quality, durable watch straps among consumers |
5 Hong Kong Watch Straps Market Trends |
6 Hong Kong Watch Straps Market Segmentations |
6.1 Hong Kong Watch Straps Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Watch Straps Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Hong Kong Watch Straps Market Revenues & Volume, By Ceramic, 2021-2031F |
6.1.4 Hong Kong Watch Straps Market Revenues & Volume, By Fabric, 2021-2031F |
6.1.5 Hong Kong Watch Straps Market Revenues & Volume, By Leather, 2021-2031F |
6.1.6 Hong Kong Watch Straps Market Revenues & Volume, By Metal, 2021-2031F |
6.1.7 Hong Kong Watch Straps Market Revenues & Volume, By Plastic, 2021-2031F |
6.2 Hong Kong Watch Straps Market, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027) |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Watch Straps Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Hong Kong Watch Straps Market Revenues & Volume, By Offline, 2021-2031F |
6.3 Hong Kong Watch Straps Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Watch Straps Market Revenues & Volume, By Women, 2021-2031F |
6.3.3 Hong Kong Watch Straps Market Revenues & Volume, By Men, 2021-2031F |
7 Hong Kong Watch Straps Market Import-Export Trade Statistics |
7.1 Hong Kong Watch Straps Market Export to Major Countries |
7.2 Hong Kong Watch Straps Market Imports from Major Countries |
8 Hong Kong Watch Straps Market Key Performance Indicators |
8.1 Customer satisfaction score related to the quality and design of watch straps |
8.2 Number of new product launches or collaborations in the watch straps market |
8.3 Social media engagement metrics like shares, comments, and likes on posts promoting watch straps |
8.4 Percentage of repeat customers purchasing watch straps for different occasions |
9 Hong Kong Watch Straps Market - Opportunity Assessment |
9.1 Hong Kong Watch Straps Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Hong Kong Watch Straps Market Opportunity Assessment, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027), 2021 & 2031F |
9.3 Hong Kong Watch Straps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Watch Straps Market - Competitive Landscape |
10.1 Hong Kong Watch Straps Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Watch Straps 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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