| Product Code: ETC11297933 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In the Hungary watch market, the import trend displayed significant growth from 2023 to 2024, with a notable 147.01% increase. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 61.69%. This surge in import momentum can be attributed to a notable shift in consumer demand towards imported timepieces, potentially influenced by changing preferences or market dynamics during the period.

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 Hungary Watch Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Watch Market Revenues & Volume, 2022 & 2032F |
3.3 Hungary Watch Market - Industry Life Cycle |
3.4 Hungary Watch Market - Porter's Five Forces |
3.5 Hungary Watch Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Hungary Watch Market Revenues & Volume Share, By Material Used, 2022 & 2032F |
3.7 Hungary Watch Market Revenues & Volume Share, By End User, 2022 & 2032F |
3.8 Hungary Watch Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Hungary Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Hungary |
4.2.2 Growing fashion consciousness and preference for luxury accessories |
4.2.3 Technological advancements leading to smartwatch adoption |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting consumer spending on watches |
4.3.2 Competition from alternative devices like smartphones for timekeeping |
4.3.3 Counterfeit products affecting the reputation of the watch market |
5 Hungary Watch Market Trends |
6 Hungary Watch Market, By Types |
6.1 Hungary Watch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Watch Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Hungary Watch Market Revenues & Volume, By Analog, 2022 - 2032F |
6.1.4 Hungary Watch Market Revenues & Volume, By Digital, 2022 - 2032F |
6.1.5 Hungary Watch Market Revenues & Volume, By Smart, 2022 - 2032F |
6.1.6 Hungary Watch Market Revenues & Volume, By Luxury, 2022 - 2032F |
6.1.7 Hungary Watch Market Revenues & Volume, By Hybrid, 2022 - 2032F |
6.2 Hungary Watch Market, By Material Used |
6.2.1 Overview and Analysis |
6.2.2 Hungary Watch Market Revenues & Volume, By Stainless Steel, 2022 - 2032F |
6.2.3 Hungary Watch Market Revenues & Volume, By Plastic, 2022 - 2032F |
6.2.4 Hungary Watch Market Revenues & Volume, By Silicone, 2022 - 2032F |
6.2.5 Hungary Watch Market Revenues & Volume, By Gold & Diamonds, 2022 - 2032F |
6.2.6 Hungary Watch Market Revenues & Volume, By Leather & Metal, 2022 - 2032F |
6.3 Hungary Watch Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Hungary Watch Market Revenues & Volume, By Retail, 2022 - 2032F |
6.3.3 Hungary Watch Market Revenues & Volume, By Sports, 2022 - 2032F |
6.3.4 Hungary Watch Market Revenues & Volume, By Tech Users, 2022 - 2032F |
6.3.5 Hungary Watch Market Revenues & Volume, By High-income Consumers, 2022 - 2032F |
6.3.6 Hungary Watch Market Revenues & Volume, By Professionals, 2022 - 2032F |
6.4 Hungary Watch Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Hungary Watch Market Revenues & Volume, By Fashion, 2022 - 2032F |
6.4.3 Hungary Watch Market Revenues & Volume, By Fitness Tracking, 2022 - 2032F |
6.4.4 Hungary Watch Market Revenues & Volume, By Wearable Technology, 2022 - 2032F |
6.4.5 Hungary Watch Market Revenues & Volume, By Status Symbol, 2022 - 2032F |
6.4.6 Hungary Watch Market Revenues & Volume, By Business Wear, 2022 - 2032F |
7 Hungary Watch Market Import-Export Trade Statistics |
7.1 Hungary Watch Market Export to Major Countries |
7.2 Hungary Watch Market Imports from Major Countries |
8 Hungary Watch Market Key Performance Indicators |
8.1 Average selling price (ASP) of watches in Hungary |
8.2 Number of premium watch brands entering the Hungarian market |
8.3 Consumer sentiment towards purchasing watches |
8.4 Adoption rate of smartwatches in Hungary |
8.5 Number of retail outlets specializing in watches in Hungary |
9 Hungary Watch Market - Opportunity Assessment |
9.1 Hungary Watch Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Hungary Watch Market Opportunity Assessment, By Material Used, 2022 & 2032F |
9.3 Hungary Watch Market Opportunity Assessment, By End User, 2022 & 2032F |
9.4 Hungary Watch Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Hungary Watch Market - Competitive Landscape |
10.1 Hungary Watch Market Revenue Share, By Companies, 2025 |
10.2 Hungary 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.
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