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OverviewAPI
The global luxury watch market is experiencing steady growth, with a projected increase from USD 97.22 billion in 2022 to USD 148.50 billion by 2031. Smartwatches are driving innovation, attracting health-conscious consumers, while luxury watches influenced by the Swiss industry are gaining popularity. Asia-Pacific leads the market, with China, Hong Kong, Japan, and India showing significant growth. Key players include Rolex, Fossil Group, and Citizen Watch Co., Ltd.

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