What is the Market Share of Wrist Watch in India | Industry Trends & Forecast 2026

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Code: MTA11544

Publication Date: Dec 2025

What is the Share of India Wrist Watch Market?

According to 6Wresearch internal database and industry insights, the India wrist watch market is expected to grow at a CAGR of 9.4% during 2026-2032.

This expansion is supported by technological advancements, supportive government policies, and increased adoption in smart devices and grid storage. This industry accounted for an estimated market share of over 18% within the overall energy storage ecosystem in 2025 nationwide markets.

Growth Factors for India Wrist Watch Industry

Continued acceptance of Smart Watches with a focus on Health Monitoring and Payment
Higher Consumer Demand for Luxury Analogue Watches as a result of Lifestyle Improvements
Increased Attraction of Youth for Fashionable & Practical Timepieces
Wider Access to Products & Brands by way of E-commerce
Ongoing Development of Hybrid Watches which Merge Analogue Designs with Digital Capabilities.

India Wrist Watch Market Trends

Trends within India wristwatch market continue to show that smartwatches and hybrid versions are gaining traction due to their ability to combine style with convenience and functionality. Demand for rugged materials, long-lasting battery life, and options for custom-designed watch faces remains the most important driver of brand strategies. Brands focused on creating trend-driven analogue styles remain relevant due to growing digital engagement in both major metropolitan areas and smaller tier two cities, as consumers continue to shift from analogue watches to smart and hybrid watches as a result of changing lifestyle preferences.

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Emerging Developments in the India Wrist Watch Market

The India wristwatch market developments show rising advancements in health sensors, NFC-enabled payment features, and enhanced connectivity options. The introduction of new features has led to the emergence of many companies that produce watches with innovative designs as well as advanced technology. As a result of these innovations, companies are beginning to explore ways to expand their existing businesses through the use of omnichannel retailing, subscription models, and collaborations with other creative professionals.