2021 Watch Industry Market Insights

The main data of the watch industry during the year 2021 were recently published by Morgan Stanley, in this post you will be able to see how many watches were sold during the year by the brands and its average retail price. The two figures that immediately catch the eye are the watches produced by Rolex (more than a million) and the one of Richard Mille, only 5,000 watches. Although Rolex produces 1,050,000 watches per year, most of the watches are going for higher prices in the secondary market.