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India Luxury Watch Market Size Worth USD 2.8 Billion by 2033, At a CAGR of 5.7%

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
Published 28 July 2025

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%

India Luxury Watch Market Trends and Drivers:

The India luxury watch market is witnessing huge growth driven by means of evolving client aspirations, increasing disposable earning, and the growing affect of worldwide fashion traits most of the affluent and aspirational elegance. Basically, the growing preference for high-quit non-public add-ons as a image of fulfillment and social status is fueling demand for luxurious timepieces amongst urban professionals, celebrities, and HNWIs. Moreover, the expansion of top rate retail areas and the entry of worldwide luxurious watch brands thru distinct boutiques and on-line platforms have improved emblem visibility and patron accessibility throughout key metros and emerging towns.

In Addition, exposure to global existence via social media, international journey, and virtual content is shaping alternatives toward iconic manufacturers and restricted-version collections, in addition stimulating market interest. Also, the shift from conventional gifting to excessive-stop personalized purchases is growing possibilities for brands to target more youthful purchasers searching for craftsmanship, innovation, and exclusivity. Furthermore, the developing recognition of luxurious watches as collectible belongings and funding portions is attracting hobby from watch fanatics and collectors alike.

Additionally, strategic collaborations among watchmakers and celebrities, fashion designers, or sports activities personalities are improving brand desirability and riding aspirational buying. Moreover, technological improvements in watchmaking, including hybrid designs mixing mechanical aesthetics with smart functionalities, are attractive to a tech-savvy and layout-conscious patron base. In Addition, the increasing cognizance on authenticity and product provenance is encouraging the increase of licensed pre-owned luxury watch segments, supported by way of organized gamers and digital resale platforms. Also, duty-unfastened and airport shops are getting vital income channels because of increased worldwide journey among Indian consumers.

Furthermore, tailor-made marketing techniques, personalized purchaser reports, and after-income offerings are supporting manufacturers build loyalty in a competitive landscape. Besides this, the expansion of EMI options, financing services, and loyalty programs is making luxury watches greater handy to the higher-center-magnificence purchaser section. Overall, growing logo attention, cultural openness to luxury, virtual innovation, and the aspirational pressure of India’s younger and affluent customers are together reshaping the India luxury watch market right into a colourful and fast-evolving top class lifestyle segment.

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India Luxury Watch Market Segmentation:

The report has segmented the market into the following categories:

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

Contact Our Analysts for Brochure Requests, Customization, and Inquiries Before Purchasehttps://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: +1-201971-6302

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