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Luxury Watch Market Growth Projection
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The pre-owned luxury watches market is set to grow significantly, projected to reach USD 32.05 billion by 2032 with an 11.6% CAGR. Rising demand is fueled by benefits such as watch condition and authenticity, with North America and Asia Pacific experiencing notable growth.
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How could the luxury watch market evolution influence the overall luxury goods industry?
How might the rise of pre-owned luxury watches impact sales of new luxury watches?
What factors contribute to the growing demand for pre-owned luxury watches in Asia Pacific?
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