Product Code: ETC016139 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Watches Market is poised for steady growth rate improvements from 2025 to 2029. From 3.02% in 2025, the growth rate steadily ascends to 5.93% in 2029.
The Saudi Arabia watches market is expected to reach US$ 1.7 billion in 2026 from US$ 0.9 billion in 2020, growing at an impressive compound annual growth rate (CAGR) of 12.9% during the forecast period of 2020-2026. This growth is being driven by rising disposable incomes, increasing demand for luxury brands and fashion designs, and growing awareness about watches as status symbols among consumers in Saudia Arabia. The country also has a lucrative sports landscape that gives it further impetus for watch sales. Additionally, technological advancements such as smartwatches have also been driving growth within this sector over the last few 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 Saudi Arabia Watches Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Watches Market Revenues & Volume, 2019 & 2026F |
3.3 Saudi Arabia Watches Market - Industry Life Cycle |
3.4 Saudi Arabia Watches Market - Porter's Five Forces |
3.5 Saudi Arabia Watches Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Saudi Arabia Watches Market Revenues & Volume Share, By Operations, 2019 & 2026F |
3.7 Saudi Arabia Watches Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
3.9 Saudi Arabia Watches Market Revenues & Volume Share, By End-Users, 2019 & 2026F |
4 Saudi Arabia Watches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Saudi Arabia |
4.2.2 Growing urbanization and fashion consciousness |
4.2.3 Rising demand for luxury and designer watches |
4.2.4 Influence of social media and celebrity endorsements |
4.2.5 Government initiatives promoting tourism and retail sector growth |
4.3 Market Restraints |
4.3.1 Economic fluctuations and oil price volatility |
4.3.2 Competition from smartwatches and wearable technology |
4.3.3 Cultural preferences favoring traditional attire over modern accessories |
4.3.4 High import duties and taxes on luxury watches |
4.3.5 Limited awareness and access to high-end watch brands in certain regions |
5 Saudi Arabia Watches Market Trends |
6 Saudi Arabia Watches Market, By Types |
6.1 Saudi Arabia Watches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Watches Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Saudi Arabia Watches Market Revenues & Volume, By Smart Watches, 2016 - 2026F |
6.1.4 Saudi Arabia Watches Market Revenues & Volume, By Luxury Watches, 2016 - 2026F |
6.1.5 Saudi Arabia Watches Market Revenues & Volume, By Fitness Watches, 2016 - 2026F |
6.2 Saudi Arabia Watches Market, By Operations |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Watches Market Revenues & Volume, By Mechanical, 2016 - 2026F |
6.2.3 Saudi Arabia Watches Market Revenues & Volume, By Quartz, 2016 - 2026F |
6.3 Saudi Arabia Watches Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Watches Market Revenues & Volume, By Hypermarket/ Supermarket, 2016 - 2026F |
6.3.3 Saudi Arabia Watches Market Revenues & Volume, By Convenience Stores, 2016 - 2026F |
6.3.4 Saudi Arabia Watches Market Revenues & Volume, By Online, 2016 - 2026F |
6.5 Saudi Arabia Watches Market, By End-Users |
6.5.1 Overview and Analysis |
6.5.2 Saudi Arabia Watches Market Revenues & Volume, By Women, 2016 - 2026F |
6.5.3 Saudi Arabia Watches Market Revenues & Volume, By Unisex, 2016 - 2026F |
7 Saudi Arabia Watches Market Import-Export Trade Statistics |
7.1 Saudi Arabia Watches Market Export to Major Countries |
7.2 Saudi Arabia Watches Market Imports from Major Countries |
8 Saudi Arabia Watches Market Key Performance Indicators |
8.1 Average selling price of watches in Saudi Arabia |
8.2 Number of retail outlets selling watches in key cities |
8.3 Online search trends for luxury watch brands in the region |
8.4 Consumer sentiment towards purchasing watches in surveys |
8.5 Number of collaborations between watch brands and local influencers or celebrities |
9 Saudi Arabia Watches Market - Opportunity Assessment |
9.1 Saudi Arabia Watches Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Saudi Arabia Watches Market Opportunity Assessment, By Operations, 2019 & 2026F |
9.3 Saudi Arabia Watches Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
9.5 Saudi Arabia Watches Market Opportunity Assessment, By End-Users, 2019 & 2026F |
10 Saudi Arabia Watches Market - Competitive Landscape |
10.1 Saudi Arabia Watches Market Revenue Share, By Companies, 2019 |
10.2 Saudi Arabia Watches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |