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Jewelry Stores in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Jewelry Stores Market Research Report | Jan 2014

IBISWorld’s Jewelry Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$82bn
Annual Growth 08-13
23.6%
Annual Growth 13-18
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Profit
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Employment
443,902
Businesses
22,450
Industry Analysis & Industry Trends

As household incomes rose and living standards improved, jewelry purchases have increased rapidly in China. For China's most popular jewelry category, gold jewelry, consumption volumes in China increased from 224.1 tons in 2004 to 502.8 tons in 2012, representing annualized growth of over 10.0%. In the five years through 2013, total revenue for the Jewelry Store industry in China has been growing at an annualized rate of 23.6% to $82.0 billion. China has become the largest consumer of gemstone, jade and platinum jewelry in the world, and the second-largest consumer of gold jewelry (after India) and diamond jewelry (after the United States).

Jewelry price levels fluctuated greatly in recent years due to global financial volatility.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Due to increasing household income levels in China, industry value added is expected to increase 19.8% per year on average over the 10 years through 2018, much faster than that of China's overall GDP (about 8.5% per year) during the same period. ollowing temporary slower growth in 2012 and 2013, the jewelry retailing industry is expected to enter another round of strong growth.

China has become the largest consumer of gemstones, jade and platinum jewelry in the world, and the second-largest consumer of gold jewelry (after India) and diamond jewelry (after the United States). However, per-capita jewelry ownership and consumption in China is significantly lower than global averages... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Jewelry Stores Industry?

Jewelry Stores in China are mainly engaged in the retail sale of jewelry and ornaments made of gold, silver, platinum and other precious metals and their alloys, as well as diamonds, jade, pearls and other precious stones.

Industry Products
Gold jewelryGemstone jewelryDiamond jewelryPlatinum jewelry
 
Industry Activities
Gold jewelry retailingPlatinum jewelry retailingDiamond jewelry retailingSilver jewelry retailingPearl jewelry retailingGemstone jewelry retailingOther jewelry retailing


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