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Global Watches And Clocks Industry

Table 10: European Current & Future Analysis for Watches by

Country/Region - Breakdown of Annual Sales in US$ Million for

France, Germany, Italy, UK, Spain, Russia, and Rest of Europe

for years 2010 through 2015 60

Table 11: European 5-Year Perspective for Watches byCountry/Region: Percentage Share Breakdown of Dollar Salesfor France, Germany, Italy, UK, Spain, Russia, and Rest ofEurope for years 2011 & 2015 61Clocks Market: Overview 62Table 12: European Current & Future Analysis for Clocks byCountry/Region - Breakdown of Annual Sales in US$ Million forFrance, Germany, Italy, UK, Spain, Russia, and Rest of Europefor years 2010 through 2015 62

Table 13: European 5-Year Perspective for Clocks by

Country/Region: Percentage Share Breakdown of Dollar Sales

for France, Germany, Italy, UK, Spain, Russia, and Rest of

Europe for years 2011 & 2015 63

Market Highly Fragmented 63

Large Scale Retail Outlets Monopolize Distribution Network 64

Focus on Select Regional Markets 64

Russia 64

Switzerland 65

Swiss Watch Makers Intend to Bring "Swiss made" Label Under

Intense Scrutiny 66

Risks Faced 66

Softness of the Current Definition 66

Need for New Definition 66

Luxury Watches 67

Export Scenario 67

4. ASIA-PACIFIC 69Market Overview 69Brief Description of Select Markets 69China 69Industry Highlights 69Trends in the Chinese Watches & Clocks Market 70Imported Watches Dominate the Watch Market in China 70Swiss Watches Highly Popular 70China's Tax on Luxury Watches Might Affect Swiss Imports 70Hong Kong Could Seize the Opportunity 71Taxes Do Not Deter the Luxury Segment Consumer 71Local Brands Not Far Behind 71Small Brands - Imported and Local - Migrate to Small Markets 71Trends in Buying 71Chinese Tourists - A Key Consumer Segment 72China Leads in Clock Supply in the World 72Chinese Watchmakers Go Digital 72Low End Clocks Might Need to Make an Exit 72Own Brands Account for a Sizable Share of Exports 72WTO and Chinese Market 73Market Overview 73Watch Market 73Demographics 74India 74Overview 74Development of the Indian Watch Industry 74Market Scenario 75India - A Lucrative Market for Luxury Watchmakers 75High Imports 75Hong Kong 76Overview 76Hong Kong Timepiece Industry - Overview 76Industry Trends 77Timepiece Manufacturers Face Strong Competition from Handphones 77Fashion Brands Enter the Fray to Drive the Watches Market 77Hong Kong Manufactures and Exports for Global Brands 77Luxury Watch Market to Soar with Increased Consumption Taxin Mainland 78OEM Base 78Internet: Positive Impact on Sales 79Singapore 79Taiwan 79Sports Watches Gaining Popularity 79Thailand 80GLOBAL DIRECTORY

To order this report: Furniture_and_Decoration Industry: Global Watches and Clocks Industry

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