| Product Code: ETC228340 | Publication Date: Aug 2022 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The UAE Watches and Clocks market encompasses a range of timekeeping devices, catering to various tastes and preferences. The market exhibits a blend of traditional clockmaking and modern, technologically advanced timepieces. The demand for precision, aesthetics, and innovative features has led to a competitive landscape with both established global players and emerging local artisans.
The UAE Watches and Clocks Market is driven by a combination of factors, including the country`s strong retail sector, tourism, and the preference for luxury timepieces. The UAE`s status as a global business and tourism hub attracts a diverse customer base interested in both traditional and smartwatches. Luxury brands, in particular, benefit from the demand for high-end watches and clocks among the affluent population.
The UAE watches and clocks market grapples with challenges such as a preference for digital devices over traditional timepieces. Counterfeiting remains a significant concern, affecting brand reputation and consumer trust. Moreover, fluctuations in tourism, which drive luxury watch sales, and evolving fashion trends further complicate market dynamics.
The UAE Watches and Clocks market saw a notable decline in demand during the pandemic, primarily due to reduced discretionary spending. High-end watch brands experienced a slowdown in sales as consumers prioritized essential items over luxury timepieces. Retailers had to implement safety measures and shift their focus to e-commerce to maintain sales during lockdowns and restrictions.
Key players in the UAE Watches and Clocks market comprise Timepieces International, UAE Watch Co., and Swiss Clocks Middle East.
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 United Arab Emirates (UAE) Watches and Clocks Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Watches and Clocks Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Watches and Clocks Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 United Arab Emirates (UAE) Watches and Clocks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income in the UAE leading to increased spending on luxury items like watches and clocks |
4.2.2 Rising tourism industry in the UAE boosting demand for luxury watches and souvenirs |
4.2.3 Increasing popularity of luxury and designer brands in the UAE driving sales of high-end watches and clocks |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting consumer spending on luxury items like watches and clocks |
4.3.2 Competition from smartwatches and digital clocks affecting the traditional watches and clocks market in the UAE |
4.3.3 Strict regulations and import duties affecting the pricing and availability of watches and clocks in the UAE market |
5 United Arab Emirates (UAE) Watches and Clocks Market Trends |
6 United Arab Emirates (UAE) Watches and Clocks Market, By Types |
6.1 United Arab Emirates (UAE) Watches and Clocks Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Sport Watches, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Luxury Watches, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Diamond Watches, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Alarm Clock, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Wall Clock, 2021-2031F |
6.2 United Arab Emirates (UAE) Watches and Clocks Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Display Time, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Adornment, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Collection, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Watches and Clocks Market Revenues & Volume, By Other, 2021-2031F |
7 United Arab Emirates (UAE) Watches and Clocks Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Watches and Clocks Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Watches and Clocks Market Imports from Major Countries |
8 United Arab Emirates (UAE) Watches and Clocks Market Key Performance Indicators |
8.1 Average selling price (ASP) of watches and clocks in the UAE market |
8.2 Consumer sentiment index towards luxury goods in the UAE |
8.3 Number of luxury watch and clock stores opening in key shopping areas in the UAE |
9 United Arab Emirates (UAE) Watches and Clocks Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Watches and Clocks Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Watches and Clocks Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 United Arab Emirates (UAE) Watches and Clocks Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Watches and Clocks Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Watches and Clocks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |