1. Market Research
  2. > Clothing and Textile
  3. > Clothing Accessories Market Trends
  4. > Global Gems and Jewellery Market 2015-2019

Global Gems and Jewellery Market 2015-2019

  • December 2015
  • -
  • Infiniti Research Limited
  • -
  • 81 pages

Summary

Table of Contents

Market analysis of the gems and jewelry market

Technavio€™s market research analyst predicts the global gems and jewelry market to reach a market value of around USD 292 billion by the end of 2019. The changing lifestyles and evolving consumer preferences have driven the growth of this market. Consumers are buying gold and diamond jewelry as gifts for marriages, birthdays, and anniversaries.

The growing organized retail format is also expected to contribute to the market growth during the forecast period. All the key vendors in markets such as the US, the UK, Japan, and Italy operate through their exclusive modern retail jewelry stores or specialty jewelry stores. This trend is also being witnessed in emerging markets such as India. For instance, Titan became the largest organized retailer for gems and jewelry during 2014 with a market share of 4% in India. It started its flagship brand store called 'Tanishq' in 1994 and within ten years of operation the retailer has created a significant footprint in the Indian market.

Product segmentation and analysis of the gems and jewelry market

Gold jewelry
Diamond jewelry
Platinum jewelry
Others (silver, palladium, imitation jewelry, colored gems, precious stones)
The gold jewelry segment accounted for 43% of the market share during 2014. However, the report predicts this segment to witness a decline in shares during the forecast period. The increasing gold price index globally across different currencies is the primary reason for the decline of this segment.

Geographical segmentation and analysis of the global gems and jewelry market

APAC
Europe
North America
ROW
APAC was the largest revenue contributor during 2014 with a market share of around 53%. The rise in disposable income in this region is the primary driver for the market growth. Countries such as China and India are the market leaders in this region contributing more than half of the region's revenue for all category of gems and jewelry products.


Competitive landscape and key vendors

The global gems and jewelry market is highly competitive with the presence of five major vendors and numerous small and mid-sized vendors. The five key vendors contributed 12% of the global revenue during 2014.

The key vendors in the market are €“

Chow Tai Fook Jewelry Group
Compagnie Financière Richemont
Signet Jewelers
Rajesh Exports
LVMH Moët Hennessy
Other vendors in the market include Aurum Holdings, Emperor Watch & Jewellery, Gitanjali Gems, Kering, and Titan.


Key questions answered in the report include

What will the market size and the growth rate be in 2019?
What are the key factors driving the global gems and jewelry market?
What are the key market trends impacting the growth of the global gems and jewelry market?
What are the challenges to market growth?
Who are the key vendors in the gems and jewelry market?
What are the market opportunities and threats faced by the vendors in the gems and jewelry market?
Trending factors influencing the market shares of the APAC, Europe, North America and ROW?
What are the key outcomes of the five forces analysis of the global gems and jewelry market?
Technavio also offers customization on reports based on specific client requirement.


Related reports

Jewelry Market in India 2015-2019
Global Precious Metals Market 2015-2019
Global Personal Accessories Market 2015-2019
Luxury Goods Market in China 2015-2019
Global Cufflinks Market- Market Analysis 2015-2019

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
3D Printing Opportunities in the Jewelry Industry 2017:  An Opportunity Analysis and Ten-Year Forecast

3D Printing Opportunities in the Jewelry Industry 2017: An Opportunity Analysis and Ten-Year Forecast

  • $ 4995
  • Industry report
  • March 2017
  • by SmarTech

3D printing finds is finding its way into just about every aspect of jewelry manufacturing, due to the widespread adoption of CAD software among jewelry designers. Annual revenues from 3D-printed hardware, ...

Global Gems & Jewelry Market, By Type, By Region, Competition Forecast & Opportunities, 2012-2022

Global Gems & Jewelry Market, By Type, By Region, Competition Forecast & Opportunities, 2012-2022

  • $ 4400
  • Industry report
  • March 2017
  • by TechSci Research

Expanding urbanization, changing lifestyles, growing e-commerce sales, rising presence of organized retail channels, growing number of premium product launches and synchronized distribution networks, etc., ...

Global Online Jewelry Market 2017-2021

Global Online Jewelry Market 2017-2021

  • $ 3500
  • Industry report
  • March 2017
  • by Infiniti Research Limited

About Online Jewelry Retail Jewelry items include necklaces, brooches, rings, bracelets, and earrings. These may be attached to the body or clothes. The term "jewelry" is restricted to durable ornaments, ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.