The bar charts display the market share distribution of six Swiss Watch Market brands –Rolex,Omega,Cartier,Patek, Longines,and Audemards Piguet between 2020 and 2021.
Overall,it is clear that Rolex was the most significant supplier by far in both years.Rolex also increased its dominance ,while all other companies lost markt share.
The three biggest watch manufactures in 2020 were Rolex,Omega, and Cartier,with 39,5%,15,6% and 14,5% respectively.However,while,Rolex increased its share to almost half ,omega saw a notable decrease to 12,7 %.Despite a minor decrease, Cartier replaced Omega at the second highest watch brand in 2021.
The remaining three other competitors had almost same percentage around 10,but all fell by around 1 % in 2021.Of the three smalllest brands ,Pater fell the most, dropping from 10.3 to 8.8%.Autemars Piguest went from the smallest share in 2020 to the fourth largest in 2021,achieving a percentage of 9.1%.
