Core Insights - The demand for luxury watch appraisers in China is rapidly increasing, with a talent gap of at least 100,000 professionals identified in the market [3][5][12] - The establishment of the luxury watch appraiser as a recognized profession marks a significant development in the industry, providing a formal framework for training and certification [3][10][11] Market Demand - Since 2020, global consumer interest in purchasing second-hand luxury watches has doubled, indicating a growing market potential [2] - The second-hand luxury watch market in China has surpassed 100 billion yuan in annual transaction volume, matching the scale of the new watch market [5][6] - The existing stock of high-end watches priced over 10,000 yuan in China has reached over 47 million units, suggesting a long-term demand for appraisal and maintenance services [6] Professional Standards and Training - The luxury watch appraiser profession is officially classified under the "appraisal and evaluation" category, with a specific code assigned [3] - The training for luxury watch appraisers is rigorous, requiring hands-on experience with various watch models and components to develop the necessary skills for authenticity verification [10][11] - The profession is structured into three levels of certification, with the entry-level requiring prior experience, ensuring that only qualified individuals can perform appraisals [8][9] Industry Challenges - The market currently faces issues with counterfeit certification and unregulated training programs, leading to a proliferation of non-credible appraisal services [12][13] - The lack of a unified national standard for luxury watch appraisal creates confusion regarding authenticity and valuation, necessitating the establishment of clear guidelines [11][12] Future Outlook - The luxury watch market is expected to continue growing, particularly for high-end and scarce products, as consumer awareness and demand for reliable appraisal services increase [7][8] - The establishment of a national professional standard for luxury watch appraisers is anticipated to enhance the industry's credibility and support sustainable growth [10][12][13]