During the 18th century Germany was invaded by its rival France. They came and started selling many products in German market. And one of the item included was watched. But the price was too high for all to afford. Moreover, the German craftsmen were in despair due to this invasion in their market by French, and too with a higher quality product. Hence, slowly and steadily, German labor also started manufacturing low quality watches, but with the signature style of French watches and began selling them as genuine French watches. Hence, this led to the start of making replica watches and selling them. This started mainly in Augsburg and Switzerland.
The names used to sell these replica watches would almost sound similar to the French name of the watch companies. Hence, France started to suffer a huge loss in the watch making business. After, this even when US started making quality watches and launched many luxury watches it had to suffer the same way due to this counterfeiting. Later, French withdrew out of this competition by not participating in it and America alone was left to handle it. Hence, America started branding it watches as high end class symbol and started tackling this problem.
In today’s market, according to statistics, around 40% of the replica watches are manufactured in China. Asia is said to be the largest producer of all the replica watches. Moreover, many of the online portal sites selling replica watches are Asian. There are some locations in all the places throughout the world who openly sell replica watches and are open to saying it. They are open about it since; they are selling it to people who demand replica watches. But gray markets are different than those selling replica watches. They posses all the new, genuine product but are not authorized sellers of those watches but are bought from authorizes seller of the product. click here to get more information Panerai Replica Watch.