2016-2022 China Watch Industry Market Scale and Forecast

Date: 2022.4.15

A wristwatch, refers to an instrument worn on the wrist to time and display time. According to the power source of the movement, it can be divided into mechanical watches and quartz watches. Consumers around the world have increasing demand for consumer products. At the same time, watch brands around the world are increasingly paying more attention to the Chinese market and increasing market investment. In 2020, the market size of China's watch industry will reach 82.33 billion yuan. In the context of consumption upgrading, the market size of China's watch industry will continue to grow steadily. It is expected that the market size of China's watch industry will increase to 96.16 billion yuan by 2022.

Therefore, the market for future watches is huge. We must cultivate our self-cultivation, improve our combat effectiveness, and escort product quality.