Cautious optimism seems to permeate link the watch industry, thanks largely link to the potential growth of the link secondary market. It seems unlikely the primary market will grow at 11 percent like it did last year – I'd expect 4 to 5 percent, similar to the December figures, if I had to guess. But hey, the Swiss watch industry has been around for a few hundred years, so it's not exactly a "growth market," broadly speaking.