Growth in India Watch Industry Led by Premium Segment Essay
Growth in India Watch Industry Led by Premium Segment and Online Popularity: Ken Research The rapidly expanding urban population along with rising number of millionaires and Hens is expected to bring robust growth in the premium segment wrist watch category in coming years. The Indian watch industry among the three price segments of mass, mid and premium watches is witnessing highest growth in the premium segment. This is primarily because of the rising size of the urban middle class population in the country which has high spending capacity and which is increasingly becoming more pen towards spending on the consumption of the luxury goods.
The newly available high speed 36 connections in the country available at economical rates will give a major boost to online retail market for wrist watches in the future. The wrist watches which are considered as a lifestyle accessory these days will also benefit immensely from this growing online retail market. The report provides Growth in India Watch Industry Led by Premium Segment and Online Popularity By Snatcher ongoing trends in the key segments of the industry and anticipated growth in future depending upon changing industry dynamics in coming years.
The report will aid industry consultants, wrist watches
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