New market study, "Watches in the Philippines", has been published

From: Fast Market Research, Inc.
Published: Fri Oct 23 2015


Fashion trends created a great opportunity for watches in 2015 as demand for vintage designs increased. Consumers’ increasing desire to look and feel stylish boosted current retail value growth in watches as several brands launched collections to capitalise on the on-going trend. Active lifestyle-inspired design watches also experienced growth in 2015as the trend towards healthy and active lifestyles continued to develop. Consumers purchase watches that can be used and paired with their outfit during adventurous trips, daily exercise, visits to the gym and other physical activities.

Competitive Landscape

Citizen Holdings Co Ltd remained the leading player in 2014 and accounted for 17% of retail value sales. The company is familiar to consumers in the Philippines as it offers wide ranges of prices and designs. The company opened its first stand-alone store in the country in 2013, which further catered to demand from its loyal consumers.

Full Report Details at
- http://www.fastmr.com/prod/1060489_watches_philippines.aspx?afid=301

Industry Prospects

Watches is expected to register a stronger constant value CAGR over the forecast period than registered over the review period. Strong positive growth is expected due to the demand of consumers seeking to highlight their social status by wearing high quality brands, especially middle-to-high-income consumers. Consumers are expected to save up for their desired watches to match their lifestyles.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Watches industry in Philippines with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Watches industry in Philippines, our research will save you time and money while empowering you to make informed, profitable decisions.

The Watches in Philippines market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* How do sales of mechanical, quartz analogue and quartz digital watches compare in Philippines?
* Which format of watch underpins most sales: casual, formal or sports?
* Which retail channel is showing the most future promise?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Watches in Singapore
- Watches in Switzerland
- Watches in Turkey
- Watches in the US
- Watches in Poland

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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