Product Code: ETC228281 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Qatar watches and accessories market reflects a thriving industry that caters to the diverse tastes and preferences of consumers in the country. This sector encompasses a wide range of timepieces, from luxury watches to affordable everyday accessories. It is influenced by both local and international fashion trends, with various brands and styles vying for attention. The market continues to evolve, offering consumers an array of choices to complement their personal style and needs.
The Qatar Watches and Accessories market is driven by the country`s thriving luxury retail sector and the increasing purchasing power of its affluent population. Qatar reputation as a luxury shopping destination has attracted international luxury brands, including high-end watchmakers and accessory designers. The cultural significance of fine watches and accessories as status symbols and fashion statements has fueled the demand for premium products in this market. Additionally, tourism and the influx of high-net-worth individuals seeking exclusive shopping experiences contribute to the growth of this market segment in Qatar.
The Qatar watches and accessories market confronts challenges stemming from evolving fashion trends and consumer preferences. The industry must constantly adapt to shifts in design aesthetics and materials. The rise of smartwatches and digital wearables has introduced a new layer of competition, requiring traditional watch manufacturers to incorporate technology without compromising on craftsmanship. Balancing the exclusivity and luxury associated with high-end watches against the demand for functional, connected accessories poses an ongoing challenge.
The Qatar watches and accessories market felt the impact of the COVID-19 pandemic as luxury purchases faced a decline during economic uncertainties. With reduced tourism, limited social gatherings, and changing consumer priorities, the demand for watches and high-end accessories was affected. Retail outlets faced closures, and international travel restrictions impacted sales to tourists. Brands and retailers pivoted to e-commerce and digital marketing to maintain customer engagement. The pandemic accelerated the shift towards online shopping and prompted a reevaluation of traditional retail strategies within the Qatar watches and accessories market.
Renowned luxury brands like Time Elegance and Elite Watches are key players in Qatar upscale watches and accessories market. These brands offer a wide range of luxury timepieces and accessories, catering to the affluent population`s demand for high-end products. The market`s growth is driven by Qatar status as a luxury shopping destination.
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 Qatar Watches and Accessories Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Watches and Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Watches and Accessories Market - Industry Life Cycle |
3.4 Qatar Watches and Accessories Market - Porter's Five Forces |
3.5 Qatar Watches and Accessories Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Qatar Watches and Accessories Market Revenues & Volume Share, By Product Design Type, 2021 & 2031F |
3.7 Qatar Watches and Accessories Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Qatar Watches and Accessories Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.9 Qatar Watches and Accessories Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Qatar Watches and Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income of consumers in Qatar |
4.2.2 Increasing tourism and luxury shopping in the region |
4.2.3 Rising demand for premium and luxury watches and accessories |
4.2.4 Influence of social media and celebrity endorsements on consumer preferences |
4.3 Market Restraints |
4.3.1 Economic fluctuations and impact on consumer spending |
4.3.2 Competition from counterfeit products in the market |
4.3.3 High import taxes and duties affecting pricing and affordability |
5 Qatar Watches and Accessories Market Trends |
6 Qatar Watches and Accessories Market, By Types |
6.1 Qatar Watches and Accessories Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Qatar Watches and Accessories Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Qatar Watches and Accessories Market Revenues & Volume, By Watches, 2021-2031F |
6.1.4 Qatar Watches and Accessories Market Revenues & Volume, By Accessories, 2021-2031F |
6.2 Qatar Watches and Accessories Market, By Product Design Type |
6.2.1 Overview and Analysis |
6.2.2 Qatar Watches and Accessories Market Revenues & Volume, By Square Watches, 2021-2031F |
6.2.3 Qatar Watches and Accessories Market Revenues & Volume, By Rectangular Watches (Tank), 2021-2031F |
6.2.4 Qatar Watches and Accessories Market Revenues & Volume, By Round Watches, 2021-2031F |
6.2.5 Qatar Watches and Accessories Market Revenues & Volume, By Others (Tonneau, Cushion, Asymmetrical), 2021-2031F |
6.3 Qatar Watches and Accessories Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Qatar Watches and Accessories Market Revenues & Volume, By Male, 2021-2031F |
6.3.3 Qatar Watches and Accessories Market Revenues & Volume, By Female, 2021-2031F |
6.3.4 Qatar Watches and Accessories Market Revenues & Volume, By Kids, 2021-2031F |
6.4 Qatar Watches and Accessories Market, By Price Range |
6.4.1 Overview and Analysis |
6.4.2 Qatar Watches and Accessories Market Revenues & Volume, By Premium, 2021-2031F |
6.4.3 Qatar Watches and Accessories Market Revenues & Volume, By Mid Range, 2021-2031F |
6.4.4 Qatar Watches and Accessories Market Revenues & Volume, By Economic, 2021-2031F |
6.5 Qatar Watches and Accessories Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Qatar Watches and Accessories Market Revenues & Volume, By Mono-brand Stores, 2021-2031F |
6.5.3 Qatar Watches and Accessories Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.5.4 Qatar Watches and Accessories Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.5.5 Qatar Watches and Accessories Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.5.6 Qatar Watches and Accessories Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Watches and Accessories Market Import-Export Trade Statistics |
7.1 Qatar Watches and Accessories Market Export to Major Countries |
7.2 Qatar Watches and Accessories Market Imports from Major Countries |
8 Qatar Watches and Accessories Market Key Performance Indicators |
8.1 Average spending per customer on watches and accessories |
8.2 Number of luxury brands entering or expanding in the Qatar market |
8.3 Social media engagement and influence on consumer behavior |
8.4 Percentage of consumers purchasing watches and accessories as gifts |
8.5 Growth in the number of specialty watch and accessory stores in Qatar |
9 Qatar Watches and Accessories Market - Opportunity Assessment |
9.1 Qatar Watches and Accessories Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Qatar Watches and Accessories Market Opportunity Assessment, By Product Design Type, 2021 & 2031F |
9.3 Qatar Watches and Accessories Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Qatar Watches and Accessories Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.5 Qatar Watches and Accessories Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Qatar Watches and Accessories Market - Competitive Landscape |
10.1 Qatar Watches and Accessories Market Revenue Share, By Companies, 2024 |
10.2 Qatar Watches and Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |