Product Code: ETC228268 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The watches and accessories market in Indonesia has experienced substantial growth over the years, driven by increasing disposable incomes, changing lifestyle preferences, and a growing fashion-conscious population. Both domestic and international watch brands are actively competing to cater to the diverse tastes and preferences of Indonesian consumers. E-commerce platforms have also played a crucial role in expanding the market reach and promoting sales in the digital space.
The watches and accessories market in Indonesia could be affected by factors like changing fashion trends, consumer disposable income, marketing and brand positioning, and technological advancements in the watch industry, such as smartwatches and wearable technology.
The watches and accessories market in Indonesia is anticipated to see positive growth in the foreseeable future. The country`s growing middle-class population, improving disposable income, and changing fashion trends are some of the key factors driving the demand for watches and accessories. Moreover, the increasing preference for branded and luxury watches among consumers contributes to the market`s growth. Nevertheless, the industry might face challenges related to competition from international brands, fluctuating consumer preferences, and potential economic downturns affecting discretionary spending.
The watches and accessories market in Indonesia has been robust, with a growing middle-class population and rising disposable incomes. International and local brands have been actively competing in this market, offering a diverse range of watches and related accessories to cater to different consumer preferences. The trend of using watches as fashion statements has contributed to increased sales in recent years. Nevertheless, the outbreak of COVID-19 likely caused a slowdown in consumer spending on non-essential items, which may have affected the market`s growth.
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 Indonesia Watches and Accessories Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Watches and Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Watches and Accessories Market - Industry Life Cycle |
3.4 Indonesia Watches and Accessories Market - Porter's Five Forces |
3.5 Indonesia Watches and Accessories Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Indonesia Watches and Accessories Market Revenues & Volume Share, By Product Design Type, 2021 & 2031F |
3.7 Indonesia Watches and Accessories Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Indonesia Watches and Accessories Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.9 Indonesia Watches and Accessories Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Indonesia Watches and Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the middle-class population in Indonesia |
4.2.2 Growing preference for fashion accessories and luxury goods among consumers |
4.2.3 Rising influence of social media and fashion trends on consumer behavior |
4.3 Market Restraints |
4.3.1 Economic uncertainties and fluctuations in currency exchange rates |
4.3.2 Presence of counterfeit products impacting brand reputation and consumer trust |
4.3.3 Competition from other fashion accessories categories such as jewelry and handbags |
5 Indonesia Watches and Accessories Market Trends |
6 Indonesia Watches and Accessories Market, By Types |
6.1 Indonesia Watches and Accessories Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Watches and Accessories Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Indonesia Watches and Accessories Market Revenues & Volume, By Watches, 2021-2031F |
6.1.4 Indonesia Watches and Accessories Market Revenues & Volume, By Accessories, 2021-2031F |
6.2 Indonesia Watches and Accessories Market, By Product Design Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Watches and Accessories Market Revenues & Volume, By Square Watches, 2021-2031F |
6.2.3 Indonesia Watches and Accessories Market Revenues & Volume, By Rectangular Watches (Tank), 2021-2031F |
6.2.4 Indonesia Watches and Accessories Market Revenues & Volume, By Round Watches, 2021-2031F |
6.2.5 Indonesia Watches and Accessories Market Revenues & Volume, By Others (Tonneau, Cushion, Asymmetrical), 2021-2031F |
6.3 Indonesia Watches and Accessories Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Watches and Accessories Market Revenues & Volume, By Male, 2021-2031F |
6.3.3 Indonesia Watches and Accessories Market Revenues & Volume, By Female, 2021-2031F |
6.3.4 Indonesia Watches and Accessories Market Revenues & Volume, By Kids, 2021-2031F |
6.4 Indonesia Watches and Accessories Market, By Price Range |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Watches and Accessories Market Revenues & Volume, By Premium, 2021-2031F |
6.4.3 Indonesia Watches and Accessories Market Revenues & Volume, By Mid Range, 2021-2031F |
6.4.4 Indonesia Watches and Accessories Market Revenues & Volume, By Economic, 2021-2031F |
6.5 Indonesia Watches and Accessories Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Indonesia Watches and Accessories Market Revenues & Volume, By Mono-brand Stores, 2021-2031F |
6.5.3 Indonesia Watches and Accessories Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.5.4 Indonesia Watches and Accessories Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.5.5 Indonesia Watches and Accessories Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.5.6 Indonesia Watches and Accessories Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Watches and Accessories Market Import-Export Trade Statistics |
7.1 Indonesia Watches and Accessories Market Export to Major Countries |
7.2 Indonesia Watches and Accessories Market Imports from Major Countries |
8 Indonesia Watches and Accessories Market Key Performance Indicators |
8.1 Number of social media followers and engagement rates for watch and accessories brands |
8.2 Percentage growth in online sales of watches and accessories |
8.3 Customer satisfaction scores and feedback related to product quality and design |
9 Indonesia Watches and Accessories Market - Opportunity Assessment |
9.1 Indonesia Watches and Accessories Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Indonesia Watches and Accessories Market Opportunity Assessment, By Product Design Type, 2021 & 2031F |
9.3 Indonesia Watches and Accessories Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Indonesia Watches and Accessories Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.5 Indonesia Watches and Accessories Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Indonesia Watches and Accessories Market - Competitive Landscape |
10.1 Indonesia Watches and Accessories Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Watches and Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |