Luxury goods market worldwide by segment share in 2007 and 2012
The statistic shows the luxury goods market worldwide in 2007 and 2012, by segment share. Watches and jewelry had a share of 16.2 percent in the global luxury goods market in 2007. This segment is estimated to increase to 18.2 percent by 2012. Luxury goods are defined as products which are not considered essential by consumers. They are associated with affluence.