The pie chart displays the proportion of wristwatch sales of six watch companies in switzerland in 2020 and 2021.
Overall, it is clear that Rolex holds the dominant position by far in both years. Rolex continued the dominence, while other companies lost market shares slightly.
The three biggest manufacturer in 2020 were Rolex, Omega, and Cartier, with 15.6%, 14.5%, and 10.3% respectively. However, while Rolex escalated its share to nearly half of the total market, Omega faced a noticeable decrease of 2.9% in 2021. This lead Cartier in the second position with a market share of 13.8%, despite the loss of 0.7%.
The remaining three companies, each had around 10% of market shares, but all of them saw a drop of approximately 1% in 2021. Although, Patek faced the substancial drop among these three, but AP surged to the forth hightest position from the smallest, acheiving 9.1% share in 2021.
