| Product Code: ETC8931373 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The luxury watch import shipments to North Macedonia in 2024 saw significant contributions from top exporting countries such as Switzerland, Hong Kong, Croatia, USA, and Japan. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the market demonstrated strong growth with a Compound Annual Growth Rate (CAGR) of 15.82% from 2020 to 2024. The growth momentum continued in 2024 with a notable growth rate of 14.34% from the previous year, reflecting a robust demand for luxury watches in North Macedonia.


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 Republic of Macedonia Luxury Watch Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Luxury Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Luxury Watch Market - Industry Life Cycle |
3.4 Republic of Macedonia Luxury Watch Market - Porter's Five Forces |
3.5 Republic of Macedonia Luxury Watch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia Luxury Watch Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Republic of Macedonia Luxury Watch Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Republic of Macedonia Luxury Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Republic of Macedonia |
4.2.2 Growing awareness and appreciation for luxury watches as status symbols |
4.2.3 Influence of social media and celebrities promoting luxury watches |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuations in exchange rates |
4.3.2 High import taxes and tariffs on luxury goods |
4.3.3 Competition from other luxury items such as jewelry and electronics |
5 Republic of Macedonia Luxury Watch Market Trends |
6 Republic of Macedonia Luxury Watch Market, By Types |
6.1 Republic of Macedonia Luxury Watch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Luxury Watch Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Republic of Macedonia Luxury Watch Market Revenues & Volume, By Analog Watch, 2021- 2031F |
6.1.4 Republic of Macedonia Luxury Watch Market Revenues & Volume, By Digital Watch, 2021- 2031F |
6.2 Republic of Macedonia Luxury Watch Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Luxury Watch Market Revenues & Volume, By Women, 2021- 2031F |
6.2.3 Republic of Macedonia Luxury Watch Market Revenues & Volume, By Men, 2021- 2031F |
6.2.4 Republic of Macedonia Luxury Watch Market Revenues & Volume, By Unisex, 2021- 2031F |
6.3 Republic of Macedonia Luxury Watch Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Luxury Watch Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.3.3 Republic of Macedonia Luxury Watch Market Revenues & Volume, By Offline Stores, 2021- 2031F |
7 Republic of Macedonia Luxury Watch Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Luxury Watch Market Export to Major Countries |
7.2 Republic of Macedonia Luxury Watch Market Imports from Major Countries |
8 Republic of Macedonia Luxury Watch Market Key Performance Indicators |
8.1 Average price point of luxury watches sold in Republic of Macedonia |
8.2 Number of luxury watch retailers opening or expanding in the market |
8.3 Consumer sentiment towards luxury watches based on social media engagement and influencers' impact |
8.4 Percentage of market share held by luxury watch brands in Republic of Macedonia |
9 Republic of Macedonia Luxury Watch Market - Opportunity Assessment |
9.1 Republic of Macedonia Luxury Watch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia Luxury Watch Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Republic of Macedonia Luxury Watch Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Republic of Macedonia Luxury Watch Market - Competitive Landscape |
10.1 Republic of Macedonia Luxury Watch Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Luxury Watch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |