Watch shaker is a tool that is used by watchmakers and jewelers to test the resilience and endurance of watches. It shakes watches to test their ability to withstand vibrations and impacts from daily wear and tear. With growing demand for luxury watches across the globe, there has been huge need for rigorous quality checks using watch shakers. Moreover, increasing disposable incomes have enabled more consumers to spend on expensive timepieces, thus, boosting the sales of watch shakers.
Market Dynamics:
Global watch shaker market growth is primarily driven by rising demand for luxury watches from the high-net-worth individuals. According to industry estimates, the luxury watch market registered a value of over US$ 20 Billion in 2021 and is expected to exhibit a CAGR of around 5% during 2022-2028. This steady demand for premium timepieces can propel watch manufacturers to extensively utilize watch shakers to test durability and ensure flawless quality. However, high cost associated with advanced watch shakers equipped with facilities like programmable vibration frequencies and amplitudes can hamper the market growth. Technological advancements in shaker designs offering improved accuracy, consistency and customization options can present lucrative opportunities for market growth.
Key features of the study:
- This report provides in-depth analysis of the global watch shaker market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global watch shaker market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Wolf, Orbita, JQUEEN, BUBEN&ZORWEG, Rapport, Swiss Kubik, Scatola de Tempo, Driklux, Modalo, Benson, Bernard Favre, Paul Design, Chronovision, Elma Motion, Heisse & Söhne
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global watch shaker market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global watch shaker market
Detailed Segmentation:
- By Type Insights (Revenue, USD Mn, 2019 - 2031)
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- Single Watch Shakers
- Multiple Watch Shakers (Up to 6 Watches)
- High-End Luxury Shakers
- By Material Insights (Revenue, USD Mn, 2019 - 2031)
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- Wood
- Plastic
- Metal
- Others
- By Distribution Channel Insights (Revenue, USD Mn, 2019 - 2031)
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- Online Retail
- Specialty Stores
- Department Stores
- Others
- By Regional Insights (Revenue, USD Mn, 2019 - 2031)
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- North America
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
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- Wolf
- Orbita
- JQUEEN
- BUBEN&ZORWEG
- Rapport
- Swiss Kubik
- Scatola de Tempo
- Driklux
- Modalo
- Benson
- Bernard Favre
- Paul Design
- Chronovision
- Elma Motion
- Heisse & Söhne