In 2023, the luxury watches market was valued at around 55 billion euros. This was significantly more than the value of the luxury jewelry market that year, which amounted to 29 billion euros worldwide.
Market value of luxury watches and jewelry worldwide in 2023
(in billion euros)
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Market value in billion euros
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Bain & Company. (January 18, 2024). Market value of luxury watches and jewelry worldwide in 2023 (in billion euros) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1077912/market-value-of-luxury-premium-watches-and-jewelry-worldwide/?locale=en
Bain & Company. "Market value of luxury watches and jewelry worldwide in 2023 (in billion euros)." Chart. January 18, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1077912/market-value-of-luxury-premium-watches-and-jewelry-worldwide/?locale=en
Bain & Company. (2024). Market value of luxury watches and jewelry worldwide in 2023 (in billion euros). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1077912/market-value-of-luxury-premium-watches-and-jewelry-worldwide/?locale=en
Bain & Company. "Market Value of Luxury Watches and Jewelry Worldwide in 2023 (in Billion Euros)." Statista, Statista Inc., 18 Jan 2024, https://www.statista.com/statistics/1077912/market-value-of-luxury-premium-watches-and-jewelry-worldwide/?locale=en
Bain & Company, Market value of luxury watches and jewelry worldwide in 2023 (in billion euros) Statista, https://www.statista.com/statistics/1077912/market-value-of-luxury-premium-watches-and-jewelry-worldwide/?locale=en (last visited August 24, 2024)
Market value of luxury watches and jewelry worldwide in 2023 (in billion euros) [Graph], Bain & Company, January 18, 2024. [Online]. Available: https://www.statista.com/statistics/1077912/market-value-of-luxury-premium-watches-and-jewelry-worldwide/?locale=en