Mexico Pre-owned Luxury Watches Market Size & Outlook

The pre-owned luxury watches market in Mexico is expected to reach a projected revenue of US$ 190.4 million by 2030. A compound annual growth rate of 8.4% is expected of Mexico pre-owned luxury watches market from 2024 to 2030.
Revenue, 2023 (US$M)
$108.5
Forecast, 2030 (US$M)
$190.4
CAGR, 2024 - 2030
8.4%
Report Coverage
Mexico

Mexico pre-owned luxury watches market highlights

  • The Mexico pre-owned luxury watches market generated a revenue of USD 108.5 million in 2023 and is expected to reach USD 190.4 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
  • In terms of segment, automatic was the largest revenue generating type in 2023.
  • Automatic is the most lucrative type segment registering the fastest growth during the forecast period.

Pre-owned luxury watches market data book summary

Market revenue in 2023USD 108.5 million
Market revenue in 2030USD 190.4 million
Growth rate8.4% (CAGR from 2023 to 2030)
Largest segmentAutomatic
Fastest growing segmentAutomatic
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAutomatic, Manual
Key market players worldwideEBay Inc, Compagnie Financiere Richemont SA Class A, Watches of Switzerland Group PLC, Chrono24, WatchBox, Bob's Watches, Crown & Caliber, TrueFacet, Govberg Jewelers, Watch Club

Other key industry trends

  • In terms of revenue, Mexico accounted for 0.4% of the global pre-owned luxury watches market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. pre-owned luxury watches market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,074.0 million by 2030.

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Pre-owned Luxury Watches Market Companies

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Mexico pre-owned luxury watches market size, by type, 2018-2030 (US$M)

Mexico Pre-owned Luxury Watches Market Outlook Share, 2023 & 2030 (US$M)

Mexico pre-owned luxury watches market size, by type, 2018-2030 (US$M)

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