Luxury watch price change as percentage worldwide 2019-2023

Published by
Tugba Sabanoglu,
May 24, 2024

Luxury watch purchases bring in strong returns according to a study on the investment value of luxury products. More specifically, while a luxury timepiece had a price change of five percent over a 12-month period, over a decade, luxury watches gained 138 percent of their initial purchase value as of the fourth quarter of 2023.

12-month and 10-year price percentage change of luxury watches worldwide from 2019 to 2023

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Release date

March 2024

Region

Worldwide

Survey time period

2019 to 2023

Supplementary notes

Figures prior to 2023 were collated from previous versions of The Wealth Report also published by the same source. All figures refer to the last quarter of the respective years.

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Statistics on " Luxury goods in the United Kingdom (UK) "

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Market overview

6

Leading luxury brands

8

Luxury department stores

8

Brand popularity among consumers

8

Brand benchmarks

5

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Topics

Secondhand luxury watchesSwiss watch industrySecond-hand e-commerceSecond-hand luxury goods market worldwideLuxury e-commerce in Europe
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