Published on 26 Aug 2023 on Insider Monkey via Yahoo Finance

Top 15 Luxury Watch Brands in the World

In this article, we will cover the top 15 luxury watch brands in the world. This article will cover recent trends in the wristwatch industry and navigate through the contributions of significant players in the industry. If you want to skip our analysis, go directly to the Top 5 Luxury Watch Brands in the World.

Luxury watches have been around for years and happen to stay in demand, despite their unusually high prices. According to a report by Grand View Research, the luxury watch market was valued at $42.21 billion in 2022. The luxury watch market is expected to grow to a valuation of $62.25 billion by 2030 at a compound annual growth rate of 5.0%.

According to the report, the Asia-Pacific region is forecasted to be the largest market for luxury watches by 2030. Europe and North America are expected to be the second and third biggest markets for luxury watches, respectively. Living standards in developed and developing countries have risen, contributing to the growing demand for luxury watches.