| Product Code: ETC5030275 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway`s import shipments of watches and clocks in 2024 continued to predominantly come from leading countries such as China, Switzerland, Taiwan, Japan, and Vietnam. The high Herfindahl-Hirschman Index (HHI) indicates a concentration of imports among a few key players. The impressive Compound Annual Growth Rate (CAGR) of 14.46% from 2020 to 2024 reflects a healthy expansion in the market, with a notable growth rate of 52.05% in the year 2024 alone. This data suggests a strong and dynamic market for watches and clocks in Norway, with significant opportunities for both domestic and international suppliers.

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 Norway Watches and Clocks Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Watches and Clocks Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Watches and Clocks Market - Industry Life Cycle |
3.4 Norway Watches and Clocks Market - Porter's Five Forces |
3.5 Norway Watches and Clocks Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Norway Watches and Clocks Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Norway Watches and Clocks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income among Norwegian consumers |
4.2.2 Increasing demand for luxury and designer watches |
4.2.3 Rise in tourism leading to higher sales of watches and clocks as souvenirs |
4.3 Market Restraints |
4.3.1 Competition from smartwatches and digital clocks |
4.3.2 Economic uncertainty affecting consumer spending |
4.3.3 High import duties and taxes on luxury watches |
5 Norway Watches and Clocks Market Trends |
6 Norway Watches and Clocks Market Segmentations |
6.1 Norway Watches and Clocks Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Norway Watches and Clocks Market Revenues & Volume, By Sport Watches, 2021-2031F |
6.1.3 Norway Watches and Clocks Market Revenues & Volume, By Luxury Watches, 2021-2031F |
6.1.4 Norway Watches and Clocks Market Revenues & Volume, By Diamond Watches, 2021-2031F |
6.1.5 Norway Watches and Clocks Market Revenues & Volume, By Alarm Clock, 2021-2031F |
6.1.6 Norway Watches and Clocks Market Revenues & Volume, By Wall Clock, 2021-2031F |
6.2 Norway Watches and Clocks Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Norway Watches and Clocks Market Revenues & Volume, By Display Time, 2021-2031F |
6.2.3 Norway Watches and Clocks Market Revenues & Volume, By Adornment, 2021-2031F |
6.2.4 Norway Watches and Clocks Market Revenues & Volume, By Collection, 2021-2031F |
6.2.5 Norway Watches and Clocks Market Revenues & Volume, By Other, 2021-2031F |
7 Norway Watches and Clocks Market Import-Export Trade Statistics |
7.1 Norway Watches and Clocks Market Export to Major Countries |
7.2 Norway Watches and Clocks Market Imports from Major Countries |
8 Norway Watches and Clocks Market Key Performance Indicators |
8.1 Average selling price of watches and clocks |
8.2 Number of tourists visiting Norway |
8.3 Consumer sentiment index |
8.4 Advertising and marketing spend by key players in the market |
8.5 Number of new product launches in the market |
9 Norway Watches and Clocks Market - Opportunity Assessment |
9.1 Norway Watches and Clocks Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Norway Watches and Clocks Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Norway Watches and Clocks Market - Competitive Landscape |
10.1 Norway Watches and Clocks Market Revenue Share, By Companies, 2024 |
10.2 Norway Watches and Clocks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |