The pie chart illustrate the proportion of different Swiss watch market in 2020 and 2021.
Overall, it is clear from the chart that Rolex outperformed the other watchmaker in both 2020 and 2021 years. In addition, Rolex percentage had an enormous growth in 2021 which reached almost half the watch market. In contract, the other five companies share declined significantly.
According to what is shown, Rolex share witnessed the highest increase with around 7 per cent which accomplished from 39.5 in 2020 to 46.7 percentages in 2021. Whereas, Omega lost approximately 3 per cent while Cartier’s proportion declined about 1 share which fell from 15.6 to 12.7 and from 14.5 to 13.8 percentages, respectively.
In terms of the lowest proportion of the watchmakers market, the other last three competitors Patek, Longines, and Ap figures decreased around 1 number. In 2020, the three company ha a ten and above percent then it dropped slightly to 8.8, 8.9, and 9,1, respectively.
