What is Swim Watches Market?
Swim watches are the watches that are water-resistant as well as various features such as timing trackers, online training logs and others. The factors such as Increased Number of Swimming Competitions and Increased Number of Online Customers are the driving factors for the global swim watches market.
The market study is being classified by Type (Electronic Watches and Analog-Type Watches) and major geographies with country level break-up.
Gramin (United States), Soleus (United States), Timex (United States), Casio (Japan), Swimmo (United States), Swimovate (United Kingdom), Imacwear (China), Marciano Watches (Canada), PASNEW (China) and SKMEI (China) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Swim Watches market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Swim Watches market by Type, Application and Region.
On the basis of geography, the market of Swim Watches has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Number of Swimming Competitions
- Increased Number of Online Customers
Market Trend
- High Demand for Advanced Watches
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growing Demand from the End-users
- Growth in the E-commerce Industry
Challenges
- Technical Issues Associated with Analog Watches
Key Target Audience
Swim Watches Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users