| Product Code: ETC11308129 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines waterproof watch import market continues to thrive in 2024, with key exporting countries such as China, Hong Kong, Switzerland, Japan, and Thailand leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 11.75% from 2020 to 2024 demonstrates sustained expansion. Notably, the growth rate spiked to 25.65% from 2023 to 2024, signaling a significant uptick in demand for waterproof watches in the Philippines. These trends suggest a promising outlook for the waterproof watch import sector in the coming years.

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 Philippines Waterproof Watch Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Waterproof Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Waterproof Watch Market - Industry Life Cycle |
3.4 Philippines Waterproof Watch Market - Porter's Five Forces |
3.5 Philippines Waterproof Watch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Waterproof Watch Market Revenues & Volume Share, By Water Resistance Depth, 2021 & 2031F |
3.7 Philippines Waterproof Watch Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Philippines Waterproof Watch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Waterproof Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for outdoor activities and water sports in the Philippines |
4.2.2 Growing awareness about the importance of water-resistant features in watches |
4.2.3 Rising disposable income levels leading to higher spending on durable and functional accessories |
4.3 Market Restraints |
4.3.1 Limited distribution channels for waterproof watches in the Philippines |
4.3.2 Competition from other wearable technologies that offer similar functionalities |
4.3.3 Potential challenges in maintaining waterproof watch quality standards in the market |
5 Philippines Waterproof Watch Market Trends |
6 Philippines Waterproof Watch Market, By Types |
6.1 Philippines Waterproof Watch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Waterproof Watch Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Waterproof Watch Market Revenues & Volume, By Digital Watches, 2021 - 2031F |
6.1.4 Philippines Waterproof Watch Market Revenues & Volume, By Smartwatches, 2021 - 2031F |
6.1.5 Philippines Waterproof Watch Market Revenues & Volume, By Diving Watches, 2021 - 2031F |
6.1.6 Philippines Waterproof Watch Market Revenues & Volume, By Luxury Waterproof Watches, 2021 - 2031F |
6.1.7 Philippines Waterproof Watch Market Revenues & Volume, By Tactical Waterproof Watches, 2021 - 2031F |
6.2 Philippines Waterproof Watch Market, By Water Resistance Depth |
6.2.1 Overview and Analysis |
6.2.2 Philippines Waterproof Watch Market Revenues & Volume, By 50m “ 100m, 2021 - 2031F |
6.2.3 Philippines Waterproof Watch Market Revenues & Volume, By 30m “ 50m, 2021 - 2031F |
6.2.4 Philippines Waterproof Watch Market Revenues & Volume, By 200m “ 300m, 2021 - 2031F |
6.2.5 Philippines Waterproof Watch Market Revenues & Volume, By 100m “ 200m, 2021 - 2031F |
6.2.6 Philippines Waterproof Watch Market Revenues & Volume, By 300m+, 2021 - 2031F |
6.3 Philippines Waterproof Watch Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Waterproof Watch Market Revenues & Volume, By General Consumers, 2021 - 2031F |
6.3.3 Philippines Waterproof Watch Market Revenues & Volume, By Fitness Enthusiasts, 2021 - 2031F |
6.3.4 Philippines Waterproof Watch Market Revenues & Volume, By Professional Divers, 2021 - 2031F |
6.3.5 Philippines Waterproof Watch Market Revenues & Volume, By High-End Consumers, 2021 - 2031F |
6.3.6 Philippines Waterproof Watch Market Revenues & Volume, By Military Personnel, 2021 - 2031F |
6.4 Philippines Waterproof Watch Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Waterproof Watch Market Revenues & Volume, By Daily Wear, 2021 - 2031F |
6.4.3 Philippines Waterproof Watch Market Revenues & Volume, By Sports & Activity, 2021 - 2031F |
6.4.4 Philippines Waterproof Watch Market Revenues & Volume, By Underwater Exploration, 2021 - 2031F |
6.4.5 Philippines Waterproof Watch Market Revenues & Volume, By Luxury Fashion, 2021 - 2031F |
6.4.6 Philippines Waterproof Watch Market Revenues & Volume, By Extreme Conditions, 2021 - 2031F |
7 Philippines Waterproof Watch Market Import-Export Trade Statistics |
7.1 Philippines Waterproof Watch Market Export to Major Countries |
7.2 Philippines Waterproof Watch Market Imports from Major Countries |
8 Philippines Waterproof Watch Market Key Performance Indicators |
8.1 Percentage increase in the number of retail outlets carrying waterproof watches |
8.2 Growth in online searches for waterproof watch brands and models |
8.3 Number of partnerships with local influencers or celebrities to promote waterproof watches |
9 Philippines Waterproof Watch Market - Opportunity Assessment |
9.1 Philippines Waterproof Watch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Waterproof Watch Market Opportunity Assessment, By Water Resistance Depth, 2021 & 2031F |
9.3 Philippines Waterproof Watch Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Philippines Waterproof Watch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Waterproof Watch Market - Competitive Landscape |
10.1 Philippines Waterproof Watch Market Revenue Share, By Companies, 2024 |
10.2 Philippines Waterproof 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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