Product Code: ETC227070 | 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 pocket watch market in Vietnam offers classic and vintage-style timepieces designed to be carried in pockets or worn as accessories. Pocket watches have a timeless and nostalgic appeal, making them popular collectibles and fashion statements. They contribute to the horological industry, offering distinctive and elegant timekeeping options for individuals in Vietnam.
The growth of the Vietnam pocket watch market is propelled by the nostalgia and vintage charm associated with pocket watches, their role as fashion accessories, and the craftsmanship involved in their design. Pocket watches have a classic and elegant appeal that transcends time. The market benefits from the romanticism and collectibility of pocket watches, their use as stylish accessories, and the incorporation of modern elements in pocket watch designs. Manufacturers offer a variety of pocket watches, appealing to those who appreciate the fusion of tradition and style, contributing to the market`s growth.
In the Vietnam pocket watch market, challenges arise from niche demand and competition from digital timekeeping devices. Pocket watches have historical charm, but their market is limited. Manufacturers must focus on marketing efforts that highlight the vintage appeal and craftsmanship of pocket watches while addressing competition from modern digital timekeeping devices.
The Vietnam pocket watch market experienced changes during the COVID-19 pandemic, primarily related to shifts in consumer preferences and retail dynamics. Initially, there was a decline in demand for traditional pocket watches as consumers shifted their focus to digital timekeeping devices. This led to changes in demand and distribution channels, with online sales gaining prominence. Manufacturers adapted by offering innovative designs and customization options. Despite shifts in demand, the market remained dynamic and adjusted to meet the evolving preferences of consumers during the pandemic.
In the Vietnam pocket watch market, key players include both domestic manufacturers of pocket watches and international suppliers of timepieces. Domestic companies like Tran Nhan Trading and Manufacturing Company Limited are involved in the production and distribution of pocket watches within Vietnam. Additionally, international suppliers of timepieces like Tissot offer pocket watches as part of their product portfolio in the Vietnamese market, catering to consumers who appreciate traditional timekeeping devices.
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 Vietnam Pocket Watch Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Pocket Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Pocket Watch Market - Industry Life Cycle |
3.4 Vietnam Pocket Watch Market - Porter's Five Forces |
3.5 Vietnam Pocket Watch Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Pocket Watch Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Pocket Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income in Vietnam leading to increased spending on luxury items like pocket watches. |
4.2.2 Rising interest in vintage and retro fashion trends boosting the demand for pocket watches. |
4.2.3 Tourism industry growth in Vietnam driving demand for souvenirs and traditional items such as pocket watches. |
4.3 Market Restraints |
4.3.1 Competition from smartwatches and other modern timekeeping devices impacting the market for traditional pocket watches. |
4.3.2 Limited awareness and penetration of pocket watches among younger generations. |
4.3.3 Counterfeit products in the market affecting consumer trust and the reputation of genuine pocket watch brands. |
5 Vietnam Pocket Watch Market Trends |
6 Vietnam Pocket Watch Market, By Types |
6.1 Vietnam Pocket Watch Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Pocket Watch Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Pocket Watch Market Revenues & Volume, By Open-face Watches, 2021-2031F |
6.1.4 Vietnam Pocket Watch Market Revenues & Volume, By Hunter-case Watches, 2021-2031F |
6.1.5 Vietnam Pocket Watch Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Pocket Watch Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Pocket Watch Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Vietnam Pocket Watch Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Vietnam Pocket Watch Market Revenues & Volume, By Online Retail, 2021-2031F |
7 Vietnam Pocket Watch Market Import-Export Trade Statistics |
7.1 Vietnam Pocket Watch Market Export to Major Countries |
7.2 Vietnam Pocket Watch Market Imports from Major Countries |
8 Vietnam Pocket Watch Market Key Performance Indicators |
8.1 Number of searches for vintage fashion trends in Vietnam. |
8.2 Percentage increase in tourist arrivals in Vietnam year-on-year. |
8.3 Average time spent on websites or social media pages dedicated to traditional accessories in Vietnam. |
9 Vietnam Pocket Watch Market - Opportunity Assessment |
9.1 Vietnam Pocket Watch Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Pocket Watch Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Pocket Watch Market - Competitive Landscape |
10.1 Vietnam Pocket Watch Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Pocket Watch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |