LUXURY TIMEPIECES IN CANADA

Euromonitor International

February 2019

LIST OF CONTENTS AND TABLES

Headlines

Prospects

the Slowdown in Sales of Watches Globally Reaches Canada

Tourism Remains the Key Driver of Sales in the Luxury Markets of Toronto and Vancouver

Wearable Technology Is An Opportunity for Luxury Brands, Challenging Luxury Timepieces

Competitive Landscape

Omega, Rolex and Tag Heuer Remain the Leading Brands

the Category Is Fragmented and Becoming More Competitive

Jewellery and Watch Specialist Retailers Maintains Its Distribution Dominance

Category Data

Table 1 Sales of Luxury Timepieces by Category: Value 2013-2018

Table 2 Sales of Luxury Timepieces by Category: % Value Growth 2013-2018

Table 3 NBO Company Shares of Luxury Timepieces: % Value 2013-2017

Table 4 LBN Brand Shares of Luxury Timepieces: % Value 2014-2017

Table 5 Distribution of Luxury Timepieces by Format: % Value 2013-2018

Table 6 Forecast Sales of Luxury Timepieces by Category: Value 2018-2023

Table 7 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2018-2023

Executive Summary

Luxury Goods Maintains Robust Growth in Canada in 2018

Producers of Luxury Brands See the Growth Potential of Millennials

the Retail Landscape in Luxury Goods Remains Fragmented and Highly Competitive

Store-based Retailing Dominates, With Mono-brand Stores Increasing

A More Competitive Environment Looms After Expansionary 2017 and 2016

Market Indicators

Table 8 Number of High Net Worth Individuals (HNWI): 2013-2018

Market Data

Table 9 Sales of Luxury Goods by Category: Value 2013-2018

Table 10 Sales of Luxury Goods by Category: % Value Growth 2013-2018

Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2018

Table 12 NBO Company Shares of Luxury Goods: % Value 2013-2017

Table 13 LBN Brand Shares of Luxury Goods: % Value 2014-2017

Table 14 Distribution of Luxury Goods by Format and Category: % Value 2018

Table 15 Forecast Sales of Luxury Goods by Category: Value 2018-2023

Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2018-2023

Sources

Summary 1 Research Sources

Although luxury timepieces increased in current value terms in 2018, and this is expected to continue in the forecast period, a gradual slowdown in the growth rate is expected from 2019. A sluggish economy and trade uncertainty are expected to limit domestic potential, whilst increasing tourism and immigration will support growth. Buyers of luxury timepieces are predominantly male, and driven by an interest in the authenticity and traditional craftsmanship of luxury timepieces, as well as the st...

Euromonitor International's Luxury Timepieces in Canada report offers a comprehensive guide to the size and shape of the Luxury Timepieces market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Timepieces retailing along with the development of consumers’ shopping patterns. Forecasts to 2023 illustrate how the market is set to change

Product coverage: Men's Luxury Timepieces, Women's Luxury Timepieces.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Luxury Timepieces market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.