KEY DATA ON THE MARKET
- China is currently the most significant watch market, with a yearly revenue of 15,770 million USD in 2022.
- China has taken 23.86% of the global market share.
- 64.9% of the watch sales are done on e-commerce in 2022.
- 74.4% of watch consumers are aged 22-40 in 2021.
- 82,5% of watch consumers are from first-tier cities.
- 58.1% of watch consumers have an income of 5001-15001 CNY/Month.
MAIN STRATEGIC OPERATION
Little Red Book