India Luxury Watches Market (2025-2031) | Strategy, Consumer Insights, Competitive, Value, Restraints, Revenue, Supply, Opportunities, Share, Companies, Challenges, Forecast, Growth, Industry, Competition, Drivers, Analysis, Segments, Pricing Analysis, Investment Trends, Size, Segmentation, Outlook, Strategic Insights, Trends, Demand
Market Forecast By Product Type (Analog, Digital, Hybrid, Smart Luxury Watches), By Material (Gold, Silver, Platinum, Titanium), By Distribution Channel (Online Stores, Specialty Stores, Multi-Brand Stores, Company-Owned Stores), By End User (Men, Women, Unisex, Collectors) And Competitive Landscape
| Product Code: ETC12593742 | 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 |
India Luxury Watches Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The luxury watches import market in India continues to thrive, with top exporting countries such as Switzerland, Italy, Metropolitan France, UAE, and Japan dominating the shipments in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 32.74% from 2020 to 2024 demonstrates significant expansion. Moreover, the growth rate of 8.42% in 2024 highlights the sustained momentum in the sector, indicating a strong demand for luxury watches among Indian consumers.
Key Highlights of the Report:
- India Luxury Watches Market Outlook
- Market Size of India Luxury Watches Market,2024
- Forecast of India Luxury Watches Market, 2031
- Historical Data and Forecast of India Luxury Watches Revenues & Volume for the Period 2021-2031
- India Luxury Watches Market Trend Evolution
- India Luxury Watches Market Drivers and Challenges
- India Luxury Watches Price Trends
- India Luxury Watches Porter's Five Forces
- India Luxury Watches Industry Life Cycle
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Analog for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Digital for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Hybrid for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Smart Luxury Watches for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Material for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Gold for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Silver for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Platinum for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Titanium for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Online Stores for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Specialty Stores for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Multi-Brand Stores for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Company-Owned Stores for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By End User for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Men for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Women for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Unisex for the Period 2021-2031
- Historical Data and Forecast of India Luxury Watches Market Revenues & Volume By Collectors for the Period 2021-2031
- India Luxury Watches Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Material
- Market Opportunity Assessment By Distribution Channel
- Market Opportunity Assessment By End User
- India Luxury Watches Top Companies Market Share
- India Luxury Watches Competitive Benchmarking By Technical and Operational Parameters
- India Luxury Watches Company Profiles
- India Luxury Watches Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Luxury Watches Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Luxury Watches Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 India Luxury Watches Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Luxury Watches Market Revenues & Volume, 2021 & 2031F |
3.3 India Luxury Watches Market - Industry Life Cycle |
3.4 India Luxury Watches Market - Porter's Five Forces |
3.5 India Luxury Watches Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Luxury Watches Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 India Luxury Watches Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 India Luxury Watches Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Luxury Watches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income and purchasing power of the Indian population |
4.2.2 Growing influence of global luxury brands in the Indian market |
4.2.3 Changing consumer preferences towards luxury and premium products |
4.3 Market Restraints |
4.3.1 High import duties and taxes on luxury watches impacting pricing and affordability |
4.3.2 Presence of counterfeit products affecting brand reputation and consumer trust |
5 India Luxury Watches Market Trends |
6 India Luxury Watches Market, By Types |
6.1 India Luxury Watches Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Luxury Watches Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Luxury Watches Market Revenues & Volume, By Analog, 2021 - 2031F |
6.1.4 India Luxury Watches Market Revenues & Volume, By Digital, 2021 - 2031F |
6.1.5 India Luxury Watches Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.1.6 India Luxury Watches Market Revenues & Volume, By Smart Luxury Watches, 2021 - 2031F |
6.2 India Luxury Watches Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Luxury Watches Market Revenues & Volume, By Gold, 2021 - 2031F |
6.2.3 India Luxury Watches Market Revenues & Volume, By Silver, 2021 - 2031F |
6.2.4 India Luxury Watches Market Revenues & Volume, By Platinum, 2021 - 2031F |
6.2.5 India Luxury Watches Market Revenues & Volume, By Titanium, 2021 - 2031F |
6.3 India Luxury Watches Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Luxury Watches Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.3.3 India Luxury Watches Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.3.4 India Luxury Watches Market Revenues & Volume, By Multi-Brand Stores, 2021 - 2031F |
6.3.5 India Luxury Watches Market Revenues & Volume, By Company-Owned Stores, 2021 - 2031F |
6.4 India Luxury Watches Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Luxury Watches Market Revenues & Volume, By Men, 2021 - 2031F |
6.4.3 India Luxury Watches Market Revenues & Volume, By Women, 2021 - 2031F |
6.4.4 India Luxury Watches Market Revenues & Volume, By Unisex, 2021 - 2031F |
6.4.5 India Luxury Watches Market Revenues & Volume, By Collectors, 2021 - 2031F |
7 India Luxury Watches Market Import-Export Trade Statistics |
7.1 India Luxury Watches Market Export to Major Countries |
7.2 India Luxury Watches Market Imports from Major Countries |
8 India Luxury Watches Market Key Performance Indicators |
8.1 Average spend per capita on luxury watches in India |
8.2 Number of exclusive luxury watch boutiques opened in key Indian cities |
8.3 Frequency of collaborations between Indian retailers and international luxury watch brands |
9 India Luxury Watches Market - Opportunity Assessment |
9.1 India Luxury Watches Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Luxury Watches Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 India Luxury Watches Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 India Luxury Watches Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Luxury Watches Market - Competitive Landscape |
10.1 India Luxury Watches Market Revenue Share, By Companies, 2024 |
10.2 India Luxury Watches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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