Wrist watches are famous among both old and new generation. Watches are accessories for both men and women along with other accessories like belts, shoes, ties, bracelets etc. Different types of watches can be bought over from both online and offline shops and you will be amazed when you come to know the prices of some of the top brand watches as they could be really going through the roof. Here we will describe top 10 brands of watches for your convenience and will also recommend to buy used watches Dubai shop, if you feel they are too stiff for your reach.
Top 10 Luxury Brand Watches
- Rolex Watches
Rolex is the king of watches it is the most popular luxury brand watch that people aspire to buy. Rolex dominate the Swiss watch making industry as it hogs a sizable 30% of the market. Rolex has sold an estimated number of 1.2 million watches in the year 2022 which accounted for an estimated sale of $9.7 billion. Average Retail price of Rolex is an amazing $12,183 per watch.
2. Cartier Watches
Cartier is in the top 3 places of being the most luxurious watches for several years. it hogs 7% of the market and is in second place with just below $2.9 billion mark during the year 2022. It sold a tremendous 620,000 with a retail price of $5,653.
3. Omega Watches
Omega previous occupied the second spot for a long time, but has slipped to 3rd place recently. Omega sold 560,000 watches and netted $2.6 billion at the rate of $6,886 per watch.
4. Audemars Piguet Watches
This brand has progressed at breakneck speed and in 2022 stood at the 4th place in world chart. It has sold about 50,000 watches at the rate of $47,202. This luxury brand covers 4.7% of the market and has hit the sales target of $5.1 billion.
5. Patek Philippe Watches
Market watchers rate Patek Philippe as the most luxurious brand of watch, but considering the numbers it has generated it is standing in the 5th place. It has sold an estimated 68,000 watches at the rate of $37,881 at retail. It has occupied 5.1% of market share and has sold about 68, 000 watches in 2022.
6. Richard Mille Watches
Richard Mille’s numbers are intriguing and most interesting among the luxury brand watches in 2022. It sold only 5,300 watches but surprisingly it netted $1.4 billion in sales. It took 2.7% of the market share and the average price of a Richard Mille’ watch is calculated at $257,057!
7. Longines Watches
The Swiss brand has won the imagination of consumers in recent years hence have stood at 7th place in 2022. The company earned a tremendous 1.7 million watches for a net figure of $1.3 billion. Longines has a market share of 3.9% and the average selling price of the watch is around $1,140.
8. IWC Watches
IWC has not made the billionaire status yet, but it is likely to achieve that considering the surge it is making the market. it has sold 150, 000 watches at the rate of $8,851. It has a market share of 2.6% and has achieved the sales figure of 952 million during 2022.
9. Breitling Watches
Breitling is one of the most celebrated watch brands made its name in 2017 only since George Kern took over the watch brand. In the 2000s it lost its way, but has surged back by achieving sales of $901 million by selling 230,000 watches at the per rata basis of $5, 565. It has a market share of 2.6%.
10. Vacheron Constantin Watches
Vacheron Constantin has always been the low profile watch brand in the holy trio of Patek Philippe and Audemars Piguet. The luxury watch brand is the oldest existing and in 2022 it has sold 32,000 watches at the rate of $34,212 and has raked in a sale of $865 million.
These are the summaries of world’ top 10 luxury watches brand and how they have fared in the market in 2022. There should not be much change in their status last year however for some of the watch enthusiast the above mentioned brands may be out of range. A Breitling costs $5, 565 in the market but for luxury watch fans the same can be bought over from Second Hand Watches Abu Dhabi at an amazingly lower price. All you need to so is to check website such as www.jjandsons.ae to get your dream luxury branded watches Dubai at a price that is affordable by you.