Watches & Jewelry - Ivory Coast

Ivory Coast

In 2025, the revenue in the Watches & Jewelry market in Ivory Coast amounts to US$425.10m.
It is projected that the market will experience an annual growth rate of 6.01% from 2025 to 2029, according to the compound annual growth rate (CAGR).
When comparing the global market, it is notable that in China generates the highest revenue in the Watches & Jewelry market, with a total of US$141bn in 2025.
To put the revenue into perspective, in 2025, each person in Ivory Coast generates per person revenues of US$14.01 in the Watches & Jewelry market, considering the total population figures.
Looking ahead to 2025, it is anticipated that 91% of the sales in the Watches & Jewelry market will be attributed to Non-Luxury.
This indicates that the majority of the revenue in this market segment will come from non-luxury products.
The demand for luxury watches and jewelry in Ivory Coast has been steadily increasing due to the growing middle class and their desire for status symbols.

Key regions: Europe, Worldwide, France, Canada, United Kingdom

Market

Region

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Currency

Methodology

Data coverage:

The data encompasses B2C enterprises. The figures are based on consumer spending on accessories that comprise of Watches & Jewelry and Luggage & Bags that are produced for private end customers for both offline retail and online retail.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, market data from independent databases and third-party sources, historical developments, current trends, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Accessories market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development).