India Luxury Watch Market Share, Size, Growth Insights, Industry Analysis, Report 2025-2033

Luxury Watch Market in India 2025:

How Big is the India Luxury Watch Market?

The India luxury watch market size was valued at USD 1.6 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 2.8 Billion by 2033, exhibiting a CAGR of 5.7% from 2025-2033

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024: USD 1.6 Billion

Market Size in 2033: USD 2.8 Billion

Market Growth Rate (CAGR) 2025-2033: 5.7%

Request for a sample copy of this report: https://www.imarcgroup.com/india-luxury-watch-market/requestsample

India Luxury Watch Market Trends and Drivers:

India luxury watch market is seeing robust growth powered by changing ambitions of consumers, rising income levels, and the rising influence of global fashion trends among high-net-worth and aspirational consumers. Essentially, the growing requirement of high-cost personal accessories as status symbols is driving demand for luxury watches among working professionals, celebrities, and HNWIs. In addition, growth in luxury watch brand penetration to high-end stores and websites, as well as high-end store traffic, boosted brand awareness and consumers' access to next-generation cities and key metros. 

Aside from that, international travel, social media coverage of global lifestyles, and web content are influencing lifestyles towards iconic brands and limited editions, thus fuelling market demand. Furthermore, the transition away from mass-giving towards premium, personalized buying is opening up opportunities for brands to engage with young consumers looking for craftsmanship, innovation, and individuality. Furthermore, increasing luxury watch interest as collectibles and investment items is drawing in watch collectors and connoisseurs.


In addition, strategic partnerships between celebrities or sports icons, fashion brands, and watchmakers are also rendering brands more aspirational and desirable buying drivers. In addition, technology-led innovation in watchmaking, such as hybrid watches that merge mechanical design and brains, is seductive to a fashion-aware and technology-aware consumer base. Additionally, the mounting emphasis on authenticity and origin of products is encouraging the emergence of certified pre-owned luxury watch segments from organized players and online marketplaces. 

Aside from this, airport and duty-free stores are becoming increasingly key points of sale because international travel by Indian consumers is rising. Besides this, custom advertisement campaigns, customized customer experience, and post-sales services are assisting companies in building loyalty in a competitive market. Besides this, offering EMI facilities, financing facilities, and loyalty reward programs is making luxury watches affordable for the upper-middle-class segment. Overall, the growth in luxury brand familiarity, acceptance of luxury culture, technological advancements, India's youth generation, and aspirational power from high-net-worth consumers are collectively transforming the Indian luxury watch market into a vibrant and rapidly changing premium lifestyle landscape.

India Luxury Watch Market Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest India luxury watch market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

Analysis by Type:

  • Analog Watch
  • Digital Watch

Analysis by End User:

  • Women
  • Men
  • Unisex

Analysis by Distribution Channel:

  • Online Stores
  • Offline Stores 

Regional Analysis:

  • South India
  • North India
  • West & Central India
  • East India

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=9674&flag=C

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Key highlights of the Report:

  • Market Performance (2019-2024)
  • Market Outlook (2025-2033)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145

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