Africa Baby Care Products Market - Infinium Global Research Luxury Watches Market Global Industry Analysis, Ma | Page 2

The report on Luxury Watches by Infinium Global Research analyses the
Luxury Watches Market over the period of 2017 to 2023. This report also
provides detailed qualitative and quantitative analyses of the market
dynamics, market size and future trends in Global Luxury Watches Market.
It will help a lot of decision makers to develop strategies and find new
opportunities in the Global Luxury Watches Market.
Global luxury watches size is expected to exceed USD X.xx billion by 2023,
growing at a CAGR between x % and x% over the period of 2017 – 2023.
Luxury watches are high end watches that symbolizes the status or success of
individuals. The attention to detail, costly parts, craftsmanship, complex micro
mechanisms, precision in time keeping and enticing designs make luxury
watches stand apart among watches. Some of the luxury watches are so
intricate that it require months of craftsmanship and top quality materials to
manufacture those. Luxury watches have high resale value and it lasts for
decades. Hence, it is a sort of investment, similar to the gold, due to the
brand value of those watches. Some of the luxury watches are limited
edition watches; hence the prestige and cost of those watches are high. Swiss
made luxury watches hold high value in terms of brand and customer
preference globally. Quartz watches have changed the luxury watches
industry in a big way as it utilize electric motor, easier to manufacture, need
lesser parts, and more precise than the conventional mechanical watches.
Infinium Global Research