Industry Statistics and Rankings
How does this industry perform in Italy compared to Europe?
Country Benchmarking
Industry Data Italy
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#5 In EuropeBusiness
#9 In EuropeEmployees
#7 In EuropeWages
#6 In EuropeThe Watch and Clock Manufacturing industry in Europe has been a dynamic realm, with impressive feats of craftsmanship and technology intertwined. While domestic demand has remained somewhat volatile, especially amid economic uncertainty, the industry, particularly luxury watchmakers in Switzerland, France and Italy, has maintained robust growth thanks to thriving exports and an expanded online retail presence. The proliferation of digital marketing strategies, high-profile collaborations including the MoonSwatch bioceramic collection and the rapid growth of the European e-commerce market have all contributed to a surge in sales volumes and amplified global brand visibility.
Enterprises
Number of businesses in 2025
Biggest companies in the Watch & Clock Manufacturing in Italy
| Company | Market Share (%)
2025 | Revenue (€m)
2025 | Profit (€m)
2025 | Profit Margin (%)
2025 |
|---|---|---|---|---|
Compagnie Financière Richemont SA | 21,193.3 | 4,990.6 | 23.5 | |
The Swatch Group Ltd | 6,625.4 | 360.0 | 5.4 | |
Damiani SpA | N/A | N/A | N/A |
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Top Questions Answered in this Report
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What is the market size of the Watch & Clock Manufacturing industry in Italy in 2025?
The market size of the Watch & Clock Manufacturing industry in Italy is €121.8m in 2025.
How many businesses are there in the Watch & Clock Manufacturing industry in Italy in 2025?
There are 45 businesses in the Watch & Clock Manufacturing industry in Italy, which has grown at a CAGR of 0.9 % between 2020 and 2025.
Has the Watch & Clock Manufacturing industry in Italy grown or declined over the past 5 years?
The market size of the Watch & Clock Manufacturing industry in Italy has been growing at a CAGR of 1.0 % between 2020 and 2025.
What is the forecast growth of the Watch & Clock Manufacturing industry in Italy over the next 5 years?
Over the next five years, the Watch & Clock Manufacturing industry in Italy is expected to decline.
What are the biggest companies in the Watch & Clock Manufacturing industry in Italy?
The biggest companies operating in the Watch & Clock Manufacturing industry in Italy are Compagnie Financière Richemont SA, The Swatch Group Ltd and Damiani SpA
What does the Watch & Clock Manufacturing industry in Italy include?
Manufacturer of precious Metals watch and clock and Manufacturer of steel watch and clock are part of the Watch & Clock Manufacturing industry in Italy.
Which companies have the highest market share in the Watch & Clock Manufacturing industry in Italy?
The company holding the most market share in the Watch & Clock Manufacturing industry in Italy is Compagnie Financière Richemont SA.
How competitive is the Watch & Clock Manufacturing industry in Italy?
The level of competition is moderate and increasing in the Watch & Clock Manufacturing industry in Italy.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
Watch and clock manufacturers design and produce watches, clocks and timing instruments. This process also encompasses manufacturing parts and components like straps, springs and dials, as well as time switches with clock movements or synchronous motors for consumer use.
Related Terms
ChronometerTourbillonQuartz MovementWhat's included in this industry?
Manufacturer of precious Metals watch and clock Manufacturer of steel watch and clock Manufacturer of bimetallic watch and clock Manufacturer of other metals watch and clock Manufacturer of other material watch and clockCompanies
Compagnie Financière Richemont SAThe Swatch Group LtdDamiani SpAIndustry Code
2652 - Manufacture of watches and clocks in Italy
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Performance
Revenue Highlights
Trends
- Revenue
- 2025 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Watch & Clock Manufacturing in Italy industry?
Outlook
Analysis
What's driving the Watch & Clock Manufacturing in Italy industry outlook?
Volatility
Analysis
What influences volatility in the Watch & Clock Manufacturing in Italy industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Watch & Clock Manufacturing in Italy industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Demand for steel watches ensures steady revenue. These watches appeal because of their durability, lifespan, resistance to discolouration and recyclability, which appeal to environmentally conscious consumers.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Watch & Clock Manufacturing in Italy industry's products and services performing?
Analysis
What are innovations in the Watch & Clock Manufacturing in Italy industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Watch & Clock Manufacturing in Italy industry?
International Trade
Highlights
- Total Imports into Italy
- Total Exports into Italy
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2025)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Europe's Watch and Clock Manufacturing industry exhibits moderate concentration. While a few dominant manufacturers control a significant portion of the market, the industry still has substantial competition and diversity.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2025)
Data Tables
- Number of Establishments by Region (2025)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Watch & Clock Manufacturing in Italy located?
Companies
Data Tables
Top 4 companies by market share:
- Market share (2025)
- Revenue (2025)
- Profit (2025)
- Profit margin (2025)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Stringent laws heavily regulate Europe's watch and clock industry. These laws ensure consumer safety and environmental protection and uphold intellectual property rights through imposed standards, substance restrictions and rigorous patent enforcement.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Watch & Clock Manufacturing in Italy industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Smartwatch popularity is challenging traditional watch profit. Despite economic shifts and tech competition, the European Watch and Clock Manufacturing industry retains its profitability through its dedication to quality, luxury and craftsmanship, but it must keep innovating to remain stable.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Watch & Clock Manufacturing in Italy industry?
Key Ratios
Data tables
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
- Revenue per Employee (2015-2030)
- Wages/Revenue (2015-2030)
- Employees per Establishment (2015-2030)
- Average Wage (2015-2030)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and bottom five countries listed for each:
- Revenue Growth (2025)
- Business Growth (2025)
- Job Growth (2025)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2025)
- Imports/Demand (2025)
- Exports/Revenue (2025)
- Revenue per Employee (2025)
- Wages/Revenue (2025)
- Employees per Establishment (2025)
- Average Wage (2025)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Methodology
Where does IBISWorld source its data?
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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Italy
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