The Mechanical Watch Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for mechanical watches has been consistently on the rise. It is expected to expand from $43.98 billion in 2024 to $45.45 billion in 2025, with a compound annual growth rate (CAGR) of 3.3%. The historical growth trend in the Mechanical Watch market has been a steady increase.
In 2029, the mechanical watch market is projected to reach a size of $51.11 billion, growing at a compound annual growth rate (CAGR) of 3.0%.
Download Your Free Sample of the 2025 Mechanical Watch Market Report and Uncover Key Trends Now!The drivers in the mechanical watch market are:
• Rising awareness about mechanical watches
• Expansion of the mechanical timepieces market
• Economic development
• Increasing popularity and capability of crowdfunding and internet platforms
The mechanical watch market covered in this report is segmented –
1) By Type: Stainless Steel Mechanical Watches, Leather Mechanical Watches, Metal Mechanical Watches, Titanium Mechanical Watches, Rubber Mechanical Watches, Plastic Mechanical Watches, Other Types
2) By Application: Men, Women
3) By Distribution Channel: Store-Based, Non-Store-Based
The trends in the mechanical watch market are:
• Technological advancements are becoming highly instrumental in shaping the future of the Mechanical Watch market.
• Innovation in materials used in watchmaking is a prominent emerging trend.
• The development of smart features in mechanical watches is gaining momentum.
• There is a rising trend for product innovations and technology-enhanced movements.
The major players in the mechanical watch market are:
• Pobeda LCC
• Rolex Watch U
North America was the largest region in the mechanical watches market in 2023