Wristwatch Trend in India: Analog Revival and Smartwatches Shape Youth Fashion

AI-generated representative image
India's wristwatch market is estimated at USD 4.62 billion in 2026, and younger buyers are driving demand for both analog and smart watches.
What Happened
The wristwatch has returned as a fashion statement in India in 2026. Market research firm Mordor Intelligence estimates the India watch market at USD 4.62 billion this year. It projects growth to USD 7.52 billion by 2031, a compound annual growth rate (CAGR) of 10.23%. Younger, urban buyers are a large part of that growth, and both smart and analog watches are drawing them.
Key Facts
- Mordor Intelligence projects the India watch market will grow from USD 4.62 billion in 2026 to USD 7.52 billion by 2031, a CAGR of 10.23%. This is a forecast, not a measured result.
- 6Wresearch expects the India wristwatch market to grow at a CAGR of 9.4% during 2026 to 2032. The two firms use different methods and periods.
- Mordor Intelligence puts the growth outlook for smartwatches at an 8.78% CAGR through 2031. It names Fire-Boltt, Noise, boAt and Titan Company of the Tata Group among major companies.
- Mordor Intelligence notes that Titan reported analog watch growth in FY26 alongside a fall in smartwatch value, which points to a split market.
- Titan was inaugurated on 26 July 1984 in Chennai as Titan Watches Limited. It launched its youth fashion accessories brand Fastrack in 2005 and by 2019 was the fifth-largest watch maker in the world by volume.
- Mordor Intelligence says Titan announced its Helios Luxe expansion programme in March 2026. It gives a defined route to sell multi-brand luxury watches in the ₹1 lakh-plus segment.
- Mordor Intelligence says offline retail kept a 77.72% share of the market during 2025. Online retail is expected to grow at a 9.12% CAGR to 2031.
- Titan's leadership expects watches priced above ₹25,000 to contribute a much larger share of revenue in the coming years, according to a report on Tata watch brands.
Why It Matters
A CAGR is the average yearly growth rate over a period. At 10.23% a year, the market would grow by roughly two-thirds in five years. Two research firms give slightly different numbers, but both point to steady growth driven by changing tastes and rising incomes among Indian consumers.
The market is splitting rather than shifting from one type of watch to another. Smartwatches are the fastest-growing part, helped by affordable models and production incentives, with Maharashtra, Karnataka and Gujarat named as relevant states. Yet analog watches are not fading.
Buyers who want a basic smart device can choose cheap options. Buyers who want craft, design and service are turning to analog and mechanical watches. Research cited in a report on Tata watch brands indicates premium watches are expected to grow faster than mass-market segments. Duty cuts on Swiss watches also improve access and price clarity at the top end.
For young Indians, a watch is more than style. It can be a low-cost accessory, a first gift or a status item, and one shopper may own both a smart band and an analog dial. 6Wresearch lists the rising appeal of fashionable and practical timepieces among youth as a growth factor.
6Wresearch also lists other factors behind its 2026 to 2032 forecast:
| Factor | Favours |
|---|---|
| Smartwatches with health monitoring and payments | Tech-led brands |
| Luxury analog watches as lifestyles improve | Premium brands |
| Wider e-commerce access | Online sellers |
| Hybrid watches joining analog looks with digital features | Brands selling both |
Impact
Short-term: Buyers face a clear choice now. Entry-level smartwatches compete mainly on price, while analog watches compete on design, service and brand heritage. Students and first-time buyers can find options from a few thousand rupees. Online sellers also gain as shoppers in metropolitan and Tier-II cities buy more watches online, even though offline retail held 77.72% of sales in 2025.
Long-term: The data so far, as of 11 October 2026, show a market that is growing fast and splitting between smart and analog. Both kinds are drawing younger Indian buyers. Hybrid watches that join analog looks with digital features may blur the line between the two groups. The market figures are research-firm estimates and may be revised. Titan has not yet published how its premium push will play out in sales.
Who is affected: Young urban buyers are the main group shaping demand, and shoppers in smaller cities are a growing group for e-commerce watch sales. Brands affected include Titan, Fire-Boltt, Noise and boAt, as well as Casio and Fossil, which sell both kinds of watch. Mordor Intelligence says the smartwatch boom and production incentives support local manufacturing. That points to openings in electronics assembly, product design, retail and after-sales service. Boutique-led selling of premium watches also needs trained staff who can explain craft and movements to customers.
Key Takeaway
India's watch market, estimated at USD 4.62 billion in 2026, is forecast to reach USD 7.52 billion by 2031 as younger buyers choose both smartwatches and analog dials.
Questions and Answers
How big is the India watch market in 2026?
Mordor Intelligence estimates the India watch market at USD 4.62 billion in 2026. It projects growth to USD 7.52 billion by 2031, a CAGR of 10.23%. This is a forecast, not a measured result.
Are smartwatches replacing analog watches in India?
No. Smartwatches are the fastest-growing part of the market, but Titan reported analog watch growth in FY26 alongside a fall in smartwatch value. The market is splitting between smart and analog.
What is Titan's Helios Luxe programme?
Titan announced its Helios Luxe expansion programme in March 2026. It gives a defined route to sell multi-brand luxury watches in the ₹1 lakh-plus segment, according to Mordor Intelligence.
Do Indians buy watches online or in stores?
Offline retail kept a 77.72% share of the India watch market during 2025. Online retail is expected to grow at a 9.12% CAGR to 2031, led by metropolitan and Tier-II city buyers.
Disclaimer: Prepared by the Peepals newsroom from publicly available sources with AI assistance. Information is accurate to the best of our knowledge at the time of publication and may change. Images may be representative. Not professional advice. Report an error via our contact page.
Sourced and fact-checked by the Peepals Global Editorial Team
Teen Anushka Yadav sets National Open hammer throw meet record of 66.53m
Gen Z Fashion Trends India 2026
Reported, fact-checked and published by the Peepals Global Editorial Team.









