The pie charts below show the share of the Swiss Watch Market by brand in 2020 and 2021. Summarise the indormation by selecting and reporting the main features, and make comparisons where relevant.
The pie charts depict the proportion of wristwatch sales by six watchmakers in Switzerland in 2020 and 2021.
Overall
, Rolex emerged as the dominant supplier in both years, significantly increasing its market
share
. In contrast
, other companies experienced declining shares.
In 2020, Rolex, Omega, and Cartier were the three primary players, holding 39.5%, 15.6%, and 14.5% of the market
, respectively. However
, Rolex's share
nearly doubled to 49.5% in 2021, while
Omega witnessed a notable decrease, falling to 12.7%. Surprisingly, Cartier maintained a strong position with a minor dip to 13.8% in 2021, surpassing Omega to claim the second spot.
Among the remaining competitors, each with around a tenth of the market
share
in 2020, all saw approximately a 1% decline in 2021. Patek Philippe experienced the most significant drop, falling from 10.3% to 8.8%. Conversely
, Audemars Piguet showed remarkable progress, rising from the smallest share
in 2020 to the fourth largest in 2021, achieving an impressive 9.1% market
share
.Submitted by misstiasclassroom on
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Vocabulary: The word "fall" was used 2 times.
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