Country rankings

Watch Brands by Country

Hong Kong has the highest Revenue in Luxury Watch Market 2024 ($10.7B), followed by United States ($4.2B) and Japan ($2.3B). United Arab Emirates has the lowest ($86M).

Revenue in Luxury Watch Market 2024Better directionWhether a higher or a lower value is better. A green arrow means higher is better, a red arrow means lower is better, and no arrow means neither.More in the glossary →
10 of 235 countries

Revenue in Luxury Watch Market 2024

Darker means higher. Click a place to highlight it.

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All 10 ranked

Highest first.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
$511.5M
Middle half $279M – $1.91B
Average
$1.98B
10 countries
Highest
$10.7B
Hong Kong
Lowest
$86M
United Arab Emirates

Data

Click a column to sort, a row to highlight that place on the charts.

194 countries · # = rank by Revenue in Luxury Watch Market 2024
#
1Hong KongRolexF.P. Journe, Patek PhilippeRolex Datejust$10.7B—
2United StatesRolexOmega, BreitlingRolex Datejust$4.2BAmerican, Apple Watch, Ball Watch Company, Bulova, Fossil Group, Garmin, Gruen, Hamilton, Invicta, Jacob & Co, Krieger, Ralph Lauren, Rode, TechnoMarine, Tiffany & Co., Timex, Waltham, Wittnauer
3JapanOmegaIWC, Rolex, SeikoOmega Speedmaster$2.3BCasio, Citizen, G-Shock, Hajime Asaoka, Jean Lassale, Kurono Tokyo, Minase, Orient, Orient Star, Ricoh, Seiko
4United KingdomRolexTAG Heuer, Patek PhilippeRolex Datejust$754MAccurist, Arnold & Son, Bremont, Christopher Ward, Dunhill, Graham, Old England
5GermanyBreitlingOmega, Panerai, SeikoOmega Speedmaster$708M75+ brands, including Glashütte Original, Guinand, Hanhart, Nomos, Union Glashütte, and Wempe
6SingaporeRolexAudemars Piguet, Cartier, PaneraiRolex Submariner$315M—
7SwitzerlandRolexPatek Philippe, OmegaRolex Submariner$288M245+ brands, including Audemars Piguet, Blancpain, Brietling, Bulova, Cartier, Louis Vuitton, Montblanc, Patek Philippe, Pieget, Rolex, Swatch, Tag Heuer, Tissot, Vacheron Constantin, & Victorinox
8AustraliaOmegaRolex, SeikoOmega Seamaster$276MPanzera
9CanadaTudorRolex, OmegaTudor Black Bay$169M—
10United Arab EmiratesRolexCartier, Audemars PiguetRolex Datejust$86M—
—IndiaRolex————
—ChinaRolex———CIGA Design, Kiu Tai Yu, Sea-Gull
—IndonesiaOmega————
—PakistanRado————
—NigeriaCartier————
—BrazilOmega————
—BangladeshRolex————
—RussiaOmega———Poljot, Raketa
—EthiopiaRolex————
—MexicoOmega————
—EgyptRolex————
—PhilippinesSeiko————
—DR CongoRolex————
—VietnamCartier————
—IranNo Data————
—TurkeyOmega————
—TanzaniaRolex————
—ThailandGucci————
—FranceHamilton———Alain Silberstein, Alexis Barthelay, Beuchat, Boucheron, Breguet, BRM, Cartier, Chanel, Chaumet, Dior, Hermès, Louis Vuitton, Nappey, Pequignet, Reservoir, Trilobe, Van Cleef & Arpels, Yema
—South AfricaRolex————
—ItalyOmega———Anonimo, Ferrari, Gucci, Meccaniche Veloci, Mecchaniche Orologi Milano, Officine Panerai, Panerai, Sector, U-Boat
—KenyaRolex————
—MyanmarRolex————
—ColombiaOmega————
—SudanRolex————
—UgandaRolex————
—South KoreaCartier————
—AlgeriaRolex————
—IraqRolex————
—SpainHamilton————
—ArgentinaOmega————
—AfghanistanRolex————
—YemenRolex————
—AngolaRolex————
—UkraineOmega————
—MoroccoRolex————
—PolandOmega————
—UzbekistanRolex————
—MozambiqueRolex————
—MalaysiaRolex————
—GhanaRolex————
—Saudi ArabiaRado————
—PeruOmega————
—MadagascarAudemars Piguet————
—Ivory CoastRolex————
—CameroonRolex————
—NepalRolex————
—NigerPatek Philippe————
—VenezuelaOmega————
—North KoreaAudemars Piguet————
—SyriaNo Data————
—MaliPatek Philippe————
—Burkina FasoRolex————
—Sri LankaRolex————
—MalawiRolex————
—ZambiaRolex————
—ChadRolex————
—KazakhstanCartier————
—SomaliaRolex————
—ChileOmega————
—SenegalRolex————
—GuatemalaOmega————
—RomaniaOmega————
—NetherlandsOmega———Christiaan van der Klaauw, Grönefeld, Staudt, Van der Gang
—EcuadorOmega————
—CambodiaRolex————
—ZimbabweRolex————
—GuineaRolex————
—BeninRolex————
—RwandaRolex————
—BurundiRolex————
—BoliviaOmega————
—TunisiaRolex————
—HaitiRolex————
—BelgiumOmega———Ressence
—Dominican RepublicOmega————
—JordanRolex————
—HondurasOmega————
—TajikistanPatek Philippe————
—Papua New GuineaPatek Philippe————
—CubaNo Data————
—SwedenOmega———Sjöö Sandström
—CzechiaOmega————
—AzerbaijanRolex————
—PortugalHamilton————
—TogoPatek Philippe————
—GreeceOmega————
—IsraelRado————
—HungaryOmega————
—AustriaOmega———Doppelgänger, Habring
—Sierra LeoneRolex————
—BelarusOmega————
—LaosGucci————
—TurkmenistanHublot————
—LibyaRado————
—KyrgyzstanRolex————
—NicaraguaOmega————
—ParaguayHamilton————
—BulgariaOmega————
—SerbiaOmega————
—Republic of the CongoRolex————
—El SalvadorOmega————
—DenmarkOmega————
—LebanonRolex————
—LiberiaRolex————
—Central African RepublicRolex————
—OmanRado————
—NorwayOmega————
—FinlandOmega———Sarpaneva, Voutilainen
—MauritaniaHublot————
—SlovakiaOmega————
—IrelandRolex———McGonigle
—New ZealandRolex————
—Costa RicaOmega————
—KuwaitCartier————
—PanamaOmega————
—CroatiaOmega————
—GeorgiaRolex————
—EritreaRolex————
—MongoliaRolex————
—UruguayOmega————
—QatarRolex————
—NamibiaRolex————
—Bosnia and HerzegovinaOmega————
—MoldovaOmega————
—ArmeniaRolex————
—GambiaRolex————
—JamaicaCartier————
—LithuaniaOmega————
—AlbaniaHublot————
—GabonPatek Philippe————
—BotswanaRolex————
—LesothoRolex————
—Guinea-BissauPatek Philippe————
—SloveniaOmega————
—Equatorial GuineaPatek Philippe————
—LatviaTissot————
—North MacedoniaBreitling————
—BahrainRolex————
—Trinidad and TobagoRolex————
—Timor-LesteRolex————
—CyprusOmega————
—EstoniaOmega————
—EswatiniPatek Philippe————
—MauritiusRolex————
—DjiboutiPatek Philippe————
—FijiRolex————
—ComorosRolex————
—Solomon IslandsRolex————
—GuyanaRolex————
—BhutanRolex————
—LuxembourgOmega————
—SurinameRolex————
—MontenegroOmega————
—MaltaOmega————
—MaldivesRolex————
—Cape VerdeRolex————
—BruneiOmega————
—BelizeRolex————
—BahamasBreitling————
—IcelandOmega————
—VanuatuA.lange & Sohne————
—BarbadosBreitling————
—Sao Tome and PrincipeRolex————
—SamoaPatek Philippe————
—Saint LuciaRolex————
—KiribatiRolex————
—SeychellesRolex————
—GrenadaPatek Philippe————
—MicronesiaRolex————
—TongaRolex————
—Saint Vincent and the GrenadinesPatek Philippe————
—Antigua and BarbudaRolex————
—AndorraHamilton————
—DominicaPatek Philippe————
—Saint Kitts and NevisHublot————
—LiechtensteinPatek Philippe————
—MonacoPatek Philippe————
—Marshall IslandsRolex————
—San MarinoRolex————
—PalauPatek Philippe————
—NauruPatek Philippe————
—TuvaluHublot————
—Vatican CityNo Data————

What correlates with Revenue in Luxury Watch Market 2024?

Pearson r against 729 other country metrics sharing at least 10 countries. Ranks are read by standing: a better rank counts as higher, whether rank 1 is the best place on a list or the worst. Correlation is not causation.

Higher together

Places that have a higher Revenue in Luxury Watch Market 2024 tend to score higher on these (or rank better)

  1. % of GDPStock Market Capitalization by Country
    r = +0.92 · very strong · n = 10
    Plot
  2. Maternal MortalityMost Dangerous Countries for Women
    r = +0.90 · very strong · n = 10
    Plot
  3. Value of Exported CircuitsIntegrated Circuit Exports by Country
    r = +0.88 · very strong · n = 10
    Plot
  4. Elephant Ivory Seized 1990-2024Poaching by Country
    r = +0.83 · very strong · n = 10
    Plot
  5. Computer Exports Total ValueComputer Exports by Country
    r = +0.74 · very strong · n = 10
    Plot
  6. Son Bias (ratio of male births to female births)Most Dangerous Countries for Women
    r = +0.74 · very strong · n = 10
    Plot

Opposite directions

Places that have a higher Revenue in Luxury Watch Market 2024 tend to score lower on these (or rank worse)

  1. Women, Peace and Security Index (WPSI)Most Dangerous Countries for Women
    r = −0.93 · very strong · n = 10
    Plot
  2. Energy Equity ScoreEnergy Trilemma Energy Performance Index
    r = −0.92 · very strong · n = 10
    Plot
  3. World Happiness ScoreHappiest Countries in the World
    r = −0.87 · very strong · n = 10
    Plot
  4. World Happiness RankHappiest Countries in the WorldA rank: rank 1 is the best
    r = +0.87 · very strong · n = 10
    Plot
  5. Internations EIESR RankingsMost Environmentally Friendly CountriesA rank: rank 1 is the best
    r = +0.86 · very strong · n = 10
    Plot
  6. HPI %Countries with Open Borders
    r = −0.83 · very strong · n = 10
    Plot

Quick answers

Which country has the highest Revenue in Luxury Watch Market 2024?
Hong Kong has the highest Revenue in Luxury Watch Market 2024, at $10.7B, followed by United States ($4.2B) and Japan ($2.3B).
Which country has the lowest Revenue in Luxury Watch Market 2024?
United Arab Emirates has the lowest Revenue in Luxury Watch Market 2024, at $86M.
What is the median Revenue in Luxury Watch Market 2024 across countries?
The median is $511.5M across the 10 countries with data.
Where does this watch brands by country data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Data Reveals The Most Popular Luxury Watch Brands Around The World - Luxe Watch; Top Luxury Watch Brands in the World - The 1916 company; The Best Watches and Watch Brands - Watch Wiki.