World - Clocks - Market Analysis, Forecast, Size, Trends and Insights
Clock Market - Must-Visit for Watchmakers in September: HKTDC Hong Kong Watch & Clock Fair
Source: Hong Kong Trade Development Council
The upcoming Hong Kong Watch & Clock Fair, hosting almost eight hundred exhibitors from across the globe, is anticipated to be one of the most important exhibitions for the timepiece industry this year. The Fair this year welcomes new participants, such as Bermuda, Russia, Lebanon and Denmark, all of whom striving to win their share of the global watch and clock market and to build stronger brands.
The Hong Kong Trade Development Council (HKTDC) is the organizer of the exhibition that will take place at the Hong Kong Convention and Exhibition Centre from September 8-12.
For the high-end watch market players, the special Salon de TE is going to plunge visitors into the lap of luxury with a showcase of approximately 160 globally recognized luxury brands. The World Brand Plaza, meanwhile, will host watchmakers such as Blancpain, Bovet, Breguet, Bulgari, Chopard, Corum, DeWitt, Glashütte Original, H Moser & Cie, Jaeger-LeCoultre, Piaget and Zenith.
In addition to the showcase, visitors will have a chance to participate in various events and seminars. One of the key events is the Hong Kong International Watch Forum, which will welcome global watch and clock associations and companies sharing their experiences and market insights on how to best establish crucial business connections.
In addition to timepieces, ancillary categories such as machinery and equipment, packaging, parts, and components will be featured. The Machinery & Equipment zone offers visitors the opportunity to acquaint themselves with the new chronograph series of ISASWISS Ltd. The 8391 chronographs are the first Swiss-made chronographs with 3-6-9 eye positions, with a counter position precisely at 3, 6 and 9 o'clock.
Switzerland is synonymous with quality and precision. It is no wonder that this country is one of the leaders in the global clock trade. In 2014, Switzerland exported 89 thousand units of clocks totaling 112 million USD, 20% over the previous year. Its primary trading partner was China, where it supplied 26% of its total clock exports in value terms, accounting for 94% of China's total imports.
From 2007 to 2014, Switzerland was a net exporter of clocks. Over this period, exports exceeded imports in value terms. In physical terms, imports were significantly higher.
China and Germany were among the other main global suppliers of clocks in 2014. The fastest growing exporters from 2007 to 2014 were India (+12% per year) and China (+9% per year). Both China and Switzerland strengthened their positions in the global export structure.
Switzerland's top 5 trading partners in 2014 were China, the U.S., France, Germany and the United Arab Emirates, with a combined 65% share of Switzerland's clock exports. The share of China rose sharply (+25 percentage points), while the share of Germany illustrated negative dynamics (-5 percentage points).
Do you want to know more about the global clock market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- clock market share
- clock prices
- clock industry
- clock sales
- clock market forecast
- clock price forecast
- key clock producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global clocks market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data