Wooden Watch Market Scope
With the rise of environmentally friendly, non-toxic, and hypoallergenic trends in the watch industry, wooden watches have become the first watch of choice. Aside from the features listed above, wooden watches offer cutting-edge trendy technology. Wooden timepieces are unusual and long-lasting, as well as being re-usable and recyclable. Maple, ebony, teak, zebrawood, rosewood, bamboo, koa wood, sandalwood, and vera wood are the most common woods used in wooden timepieces. According to the components, some wooden watches are totally made of wood, while others are composed of a combination of stainless steel, plastic, and other materials. As a result, wooden watches might feature a wooden dial, watch casing, or wrist band.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | WeWOOD (Italy), Tense Enterprise Inc. (United States), Treehut (United States), BeWell (United States), Gassen James Watch Co. Ltd (China), Mistura Timepieces (United States), Luno Wear (United States), Jord, Inc. (United States), Original Grain (United States) and Grovemade (United States) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Wooden Watch market throughout the predicted period.
WeWOOD (Italy), Tense Enterprise Inc. (United States), Treehut (United States), BeWell (United States), Gassen James Watch Co. Ltd (China), Mistura Timepieces (United States), Luno Wear (United States), Jord, Inc. (United States), Original Grain (United States) and Grovemade (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Svenn Watches (United States), Plantwear (Poland), BOBO BIRD (China) and KERBHOLZ (Germany).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Wooden Watch market by Type and Region with country level break-up.
On the basis of geography, the market of Wooden Watch 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).
region held largest market share in the year 2022.
On 18th June, 2021 - RusTech Wood Launched New Range of Irish Wooden Watches. The New Range, Which Was Developed as A Modern Spin on Classic Cask Staves, Is Made from Wood Derived from The Barrels Used to Store and Age Irish Whiskey Handcrafted by Artisans Who Have Been Working with Timber for Generations. and On 1st March, 2021 - William Wood Watches Introduced Their Fourth Range of, The Triumph Collection. The Triumph Collection Personifies William Wood (Founder) And His Principles, And Is Known for Its Distinctive Watches Constructed from Repurposed Firefighting Equipment.
Influencing Trend:
Growing Sales Across Online Platforms
Market Growth Drivers:
Increasing Adoption of Minimalist Fashion, Demand For Natural Products and High Investments in Celebrity Endorsement
Challenges:
Market Penetration Across New Regions and Technological Limitations
Restraints:
Lack of Trained Professionals and Raw Material Price Fluctuation
Opportunities:
Increasing Demand in North America and European Regions
Key Target Audience
Wooden Watch Manufactures, New Entrants and Investors, Wooden Watch Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others