Industry Analysis & Industry Trends
China is the world's largest watch and clock manufacturer in the world, but it is not the most competitive one. China accounted for about 85% of watch and clock volumes exported worldwide, but only represented about 15% in terms of value.
Lacking brand and technological advantages but having a low-priced labor force and raw materials, most Chinese manufacturers are confined to the production of low value-added watches and clocks. However, as average household incomes, and therefore consumption, continue to rise in China, the Clock and Watch Manufacturing industry will expand steadily.
The industry is highly export-oriented; as a result, most operators are based in coastal areas, namely Guangdong, Fujian, Zhejiang, Jiangsu, Shandong, and Tianjin.... purchase to read more
Industry Report - Industry Locations Chapter
Since the second-half of 2008, the Clock and Watch Manufacturing Industry in China has developed strongly in Guangdong province, Fujian province and Shandong province.
With an estimated 63.7% of total industry employment, Guangdong province is expected to have 51.6% of total enterprises and 52.4% of total industry revenue in 2012. Industry activity in Guangdong province is mainly concentrated in Shenzhen, which is the largest watch and clock production and export base in China. In 2011, brand watches and clocks manufactured in Shenzhen accounted for 63% of domestically-made watches and clocks. Many domestic and foreign enterprises, such as Ebohr. have production bases in Shenzhen... purchase to read more