Watches market size in Japan 2014-2024

Published by Statista Research Department, Jun 4, 2025

In 2024, the retail value of the watch market in Japan was forecast to remain above ************ Japanese yen, reaching a decade-high. Watches made up the majority of the Japanese timepiece-related retail market, with smartwatches expanding steadily.

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Retail value of the domestic watches market in Japan from 2014 to 2023 with a forecast for 2024 (in billion Japanese yen)

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Release date

March 2025

Region

Japan

Survey time period

2014 to 2023

Special properties

market sizes are calculated based on the retail price

Supplementary notes

*Forecast.

Targets were manufacturers, wholesalers, and retailers in the clocks and watches industry, local subsidiaries of overseas companies, importers and exporters.

Data prior to 2017 comes from previous reporting.
100 Japanese yen equal 0.7 U.S. dollars or 0.61 euros as of June 2025.
Values have been rounded. 

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