Watch Market Booms with Rising Millionaires
30 September 2024
📌 The watch market has growth potential due to the increasing number of wealthy individuals worldwide👀
Today, there are 58 million dollar millionaires globally, making up 1.5% of the world’s population.
They control nearly half of the world’s wealth — 47.5%, reaching record levels.
Analysts predict further growth in this segment, creating favorable conditions for increased demand for luxury goods, particularly watches📈
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