Saudi Arabia Watch Market Trends, Insights, and Outlook Report 2025-2033

Saudi Arabia Watch Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024: USD 700 Million

Market Forecast in 2033: USD 1000 Million

Market Growth Rate: 3.90% (2025-2033)

The Saudi Arabia watch market size was valued at USD 700 Million in 2024 and expects the market to reach USD 1000 Million by 2033, exhibiting a growth rate (CAGR) of 3.90% during 2025-2033.

Saudi Arabia Watch Market Trends:

The Saudi Arabian watch market is experiencing vibrant trends fueled by customer requirements and technological advancements. Among the top trends is the growing usage of smartwatches, with features like fitness monitoring, alertness, and connectivity being desirable to a technologically savvy young population. This reflects a bigger trend toward utility watches. Additionally, luxury mechanical watches are also sought after by high-end consumers due to status-and-artisanship culture and where Swiss and high-end brands continue to dominate. Personalized and limited-edition fashion is also among the key shifts as the rich look for unique and bespoke items that cater to uniqueness.

Also on the agenda is sustainability, with businesses considering green materials and ethical production to attract green consumers. In essence, the rise of e-commerce and social media advertising is redefining the way watches are promoted, with online retailers offering virtual try-ons and limited releases. These trends suggest a market balancing tradition, innovation, and digital interaction.

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Saudi Arabia Watch Market Scope and Growth Analysis:

The size and growth of Saudi Arabia's watch market is depicted in a vibrant market with vast potential. The market is extremely diverse, spanning all product types, from high-end analog watches to mass-market fashion accessories and high-end smartwatches, attractive to diverse income groups and tastes. In addition to this, Saudi Arabia's youth population and rising disposable incomes extend its attractiveness further, driving the demand for premium and mid-segment watches. The nation's growing retail facilities, including high-end malls and boutiques in Riyadh and Jeddah, also fuel market activity.

Further, the market benefits from a strong tourism sector and competitive market of international brands and local retailers playing around with design and distribution. Basically, cultural appreciation of watches as gifts and status symbols contributes to growth, and increasing influence of fashion trends complements diversity in products. Both payment plans and online marketplaces also increase accessibility. Combined, these features position the Saudi Arabia watch market for further growth, building on its economic strengths and evolving consumer culture.

Competitor Landscape:

Apple Inc.
Casio Computer Co. Ltd.
Citizen Watch Co. Ltd.
Movado Group Inc.
Rolex SA
Samsung Electronics Co. Ltd.
Seiko Watch Corporation (Seiko Group Corporation)

Saudi Arabia Watch Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

Quartz
Mechanical

Price Range Insights:

Low-Range
Mid-Range
Luxury

Distribution Channel Insights:

Online Retail Stores
Offline Retail Stores

End User Insights:

Men
Women
Unisex

Regional Insights:

Northern and Central Region
Western Region
Eastern Region
Southern Region

Other key areas covered in the report:

COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Market Dynamics
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Top Winning Strategies
Recent Industry News
Key Technological Trends & Development

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