As of 2021, the global luxury watch market is valued at over USD 7bn and has grown over 10x during the past decade. On the other hand, the pre-owned luxury watch market is estimated to be worth over USD 5bn in annual sales and has seen a huge growth in recent years. It’s believed that this growth pattern has primarily uprooted from a change of perception, where many, especially collectors, are viewing luxury watches as an investment rather than a mere status symbol…
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