LATAM Luxury Watch Market Size & Outlook, 2025-2033

LATAM Luxury Watch Market Insights

Based on Deep Market Insights findings, the LATAM Luxury Watch Market size reached USD 3.12 Billion in 2024 and is expected to grow to USD 7.41 Billion by 2033.
During 2025–2033, the market is forecasted to advance at a CAGR of 10.06%.
Mechanical represented the largest share of the Product market in terms of size in 2024.
Among the Product segments, Mechanical is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

The global Luxury Watch Market size saw LATAM holding a share of 5.2% in 2024.
United States is forecasted to account for the leading share of the global market by 2033.
In LATAM, Argentina is forecasted to be the fastest-expanding market, projected to reach USD 0.91 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 3.12 Billion
Market Size In 2033	USD 7.41 Billion
Largest segment	Mechanical
Units	Revenue in USD Billion
CAGR	10.06% (2025-2033)
Segmnetation Covered
LATAM	Brazil Mexico Argentina Colombia Chile
Product	Mechanical Quartz Smart Luxury
Distribution	Boutique Authorized Dealer Online
Price Tier	Accessible Luxury Ultra-Luxury
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

LATAM	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Brazil	XX.x	XX.x	XX.x	1.19	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mexico	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Argentina	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Colombia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Chile	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Product	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Mechanical	XX.x	XX.x	XX.x	1.68	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Quartz	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Smart Luxury	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Distribution	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Boutique	XX.x	XX.x	XX.x	1.62	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Authorized Dealer	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Online	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Price Tier	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Accessible Luxury	XX.x	XX.x	XX.x	1.72	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Ultra-Luxury	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x