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Madridjoya

Madridjoya

Madrid, Spain
12 Sep 2024 - 15 Sep 2024
Spain is among the leading countries in the European and global watch industries. This is due to the state featuring a compact yet high-value watch sector with an extensive history. It represents the whole value chain due to the presence of diverse segments. This includes watch manufacturers, service providers, distributors, retailers, et cetera. Diverse enterprises present such segments. These range from small and medium-sized firms to extensive pre-eminent corporations. This results in the generation of comparatively high turnovers. For instance, in recent years, the segment has achieved a revenue of 624 000 000 EUR. It is also expected to experience an annual growth rate of 1.58% in the upcoming years. Spain is also one of the central innovation hubs of the European and global watch industries. This is due to the diverse enterprises that comprise the Spanish watch segment. They place a high focus on innovations and research. This is due to such aspects aiding in adjusting to the latest industrial and consumer demands. It also helps in adapting the segment to the newest challenges. Generally, the sector presents its latest innovations and models during annual trade expositions. Such events, hosted in diverse cities, attract tens of thousands of attendants.