Market Share of India Watch Industry
The Indian watch market is highly competitive and expected to witness significant growth over the forecast period, owing to the adoption of various marketing strategies, such as product innovation, expansion of distribution network, and branding of the products via social media, to broaden their customer base. Titan, Timex, Casio, Swatch Group, Rolex, Fossil, and Citizen are some of the major companies in the market. Titan is the most dynamic participant in the market that has segmented and developed different sub-brands for each segment. On the other hand, foreign brands, like Omega, which belongs to the Swatch Group, India, witnessed higher growth than the company's global average. With the increasing trend toward e-commerce, online retailing is also emerging as a strong distribution channel in the sales of watches and is expected to grow at a significant rate during the forecast period.
India Watch Market Leaders
Fossil Group Inc.
Casio Computer Co. Ltd.
The Tata Group (Titan Company)
The Swatch Group Ltd.
BBK Electronics Corporation
*Disclaimer: Major Players sorted in no particular order
