Watches - Angola
Angola- In Angola, the revenue generated in the Watches market is projected to reach US$152.60m in 2024.
- According to market forecasts, this sector is expected to experience an annual growth rate of 11.44% from 2024 to 2029 (CAGR 2024-2029).
- When compared to other countries worldwide, United States stands out as the largest revenue generator in this segment, with an estimated amount of US$21bn in 2024.
- In terms of per capita figures, the revenue per person in Angola's Watches market is estimated to be US$4.04 in 2024.
- Looking ahead to 2024, it is predicted that 85% of the total sales in the Watches market will be attributed to Non-Luxury.
- Angola's growing middle class has led to an increased demand for luxury watches, with international brands like Rolex and Omega gaining popularity among consumers.
- Key regions:
- Germany,
- United Kingdom,
- Worldwide,
- India,
- Europe
Definition:
The Watches market covers different types of devices used to indicate or measure time that are either worn around the wrist or in a pocket. Both analog and digital watches are included.
<Additional information:
The market comprises revenues and average revenue per capita. The key players in the market are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.
In-Scope
- Watches
- Pocket watches
- Analog and digital watches
Out-Of-Scope
- Watch parts
- Watchbands
- Handmade watches
