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Title Saudi Arabia Watch Market Size, Growth & Trends Forecast 2025-2033
Category Business --> Business and Society
Meta Keywords Saudi Arabia Watch Market
Owner Dheeraj singh sisodia
Description

Saudi Arabia Watch Market Overview

Market Size in 2024: USD 0.70 Billion

Market Size in 2033: USD 1.00 Billion

Market Growth Rate 2025-2033: 3.90%

According to IMARC Group's latest research publication, "Saudi Arabia Watch Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The Saudi Arabia watch market size was valued at USD 0.70 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1.00 Billion by 2033, exhibiting a CAGR of 3.90% during 2025-2033.

How AI is Reshaping the Future of Saudi Arabia Watch Market

  • Enhancing Smartwatch Intelligence: AI-powered health monitoring and fitness tracking features are revolutionizing smartwatch capabilities, with advanced algorithms providing personalized insights for heart rate, sleep patterns, and activity tracking tailored to Saudi consumers' lifestyle preferences.

  • Personalizing Shopping Experiences: AI-driven recommendation engines in e-commerce platforms are helping watch retailers deliver customized product suggestions based on consumer behavior, preferences, and purchase history, improving customer satisfaction and driving sales conversions.

  • Optimizing Inventory Management: AI algorithms are enabling watch retailers to predict demand patterns, manage seasonal trends, and optimize stock levels across different price segments, reducing inventory costs while ensuring product availability in key markets like Riyadh and Jeddah.

  • Advancing Virtual Try-On Technology: AI-powered augmented reality solutions are allowing customers to virtually try on watches online, enhancing the digital shopping experience and reducing return rates while building consumer confidence in online luxury watch purchases.

  • Supporting Predictive Maintenance: AI systems in luxury watch manufacturing are enabling predictive maintenance for mechanical timepieces, while smart diagnostic tools help authorized service centers provide better after-sales support and warranty services to Saudi customers.

Grab a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-watch-market/requestsample

Saudi Arabia Watch Market Trends & Drivers:

Saudi Arabia's watch market is experiencing steady growth driven by rising disposable income and economic diversification under Vision 2030, which has expanded consumer purchasing power and demand for premium timepieces. The Northern and Central regions, particularly Riyadh, dominate the market with 40.8% market share, benefiting from higher affluent populations and concentrated luxury retail presence. Cultural emphasis on prestige and status symbols has created strong demand for luxury and limited-edition timepieces from globally renowned brands like Rolex, Omega, and TAG Heuer, while watches serve as meaningful gifts during religious festivals, weddings, and professional milestones, further sustaining market growth.

The digital transformation has significantly reshaped the Saudi watch retail landscape, with e-commerce platforms experiencing remarkable growth as the Kingdom registered 40,953 e-commerce businesses by Q4 2024, reflecting a 10% year-over-year increase. Enhanced digital payment systems, nationwide delivery networks, and improved return policies have built consumer trust in online watch purchases, while brands leverage social media and influencer marketing to reach tech-savvy younger demographics. This digital shift has made watch shopping more accessible across regions where physical retail presence is limited, particularly benefiting mid-range and affordable segments that appeal to price-sensitive consumers.

The growing health and fitness consciousness among Saudi consumers is driving significant demand for smartwatches and hybrid models featuring heart rate monitoring, sleep tracking, and smartphone connectivity. Tech giants like Apple, Samsung, and Huawei are gaining substantial market share in the rapidly expanding smartwatch segment, appealing to younger demographics seeking multifunctional devices that combine fashion with technology. The market segmentation shows quartz watches dominating with 74.3% share due to their affordability and reliability, while men represent 58.8% of end-users, reflecting cultural preferences for timepieces as both functional accessories and status symbols in professional and social settings.

Buy Full Report: https://www.imarcgroup.com/checkout?id=20580&method=1315

Saudi Arabia Watch Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

  • Quartz

  • Mechanical

Price Range Insights:

  • Low-Range

  • Mid-Range

  • Luxury

Distribution Channel Insights:

  • Online Retail Stores

  • Offline Retail Stores

End User Insights:

  • Men

  • Women

  • Unisex

Breakup by Region:

  • Northern and Central Region

  • Western Region

  • Eastern Region

  • Southern Region

Recent News and Developments in Saudi Arabia Watch Market

  • June 2025: Ahmed Seddiqi & Sons unveiled its Summer 2025 collection, showcasing timepieces crafted specifically for travel and outdoor adventures, emphasizing durability, style, and functionality to cater to consumers seeking performance-oriented luxury watches for seasonal excursions.

  • March 2025: Jaddaf revealed that Kospet smartwatches launched in authorized retail outlets, featuring a diverse selection that blends cutting-edge technology with sleek, contemporary aesthetics to appeal to Saudi customers seeking sophisticated style and high functionality.

  • November 2024: Ahmed Seddiqi & Sons launched the Rolex Certified Pre-Owned programme with a dedicated 290 square-foot salon at Wafi Mall, scheduled to expand with an online presence via Seddiqi.com in 2025, enhancing accessibility for clientele seeking authenticated pre-owned luxury timepieces.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302