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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 | Jun 2016

The Jewelry Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$97bn
Annual Growth 11-16
8.9%
Annual Growth 16-21
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Profit
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Employment
503,783
Businesses
24,962
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 985.9 tons in 2015, representing annualized growth of 14.4% for that period. In the five years through 2016, total revenue for the Jewelry Store industry in China has been growing at an annualized rate of 8.9% to $96.5 billion. China has become the largest consumer of gemstone, jade, platinum and gold jewelry in the world, and the second-largest consumer of diamond jewelry after the United States.

Jewelry price levels fluctuated greatly in recent years due to strong dollar trend and decreasing demand of luxury goods.... purchase to read more

Industry Report - Industry Investment Chapter

Like many other retailing sectors, jewelry retailing requires manual work to perform sales activities. For every dollar spent on wages in this industry, about 26 cents are invested in capital, indicating a moderate capital intensity level.

A large number of jewelry retailers choose to rent sales sites rather than purchase property. Therefore, investment on fixed assets in the Jewelry Store industry is much lower than for the Jewelry Manufacturing industry (IBISWorld industry report 4218). Further, inventory management for jewelry retailers is much more flexible than for manufacturers.

Due to a large number of small jewelry retailers operating in the industry, information technology usage rates are relatively low... 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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