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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 2014

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
$99bn
Annual Growth 09-14
22.9%
Annual Growth 14-19
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Profit
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Employment
465,209
Businesses
23,371
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 716.5 tons in 2013, representing annualized growth of over 20.0%. In the five years through 2014, total revenue for the Jewelry Store industry in China has been growing at an annualized rate of 22.9% to $98.9 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 Locations Chapter

The geographic distribution of jewelry retailing is largely determined by income levels, demographic structure and consumer behaviors. Jewelry sales in China are mainly based in large cities and provinces with strong economic strength. The top five jewelry retailing regions, Beijing, Shanghai, Guangdong province, Jiangsu province and Zhejiang province, jointly account for about half of China's jewelry sales in 2014.

Beijing is the largest jewelry market in China, and jewelry sales were greatly promoted by the 2008 Beijing Olympic Games and increasing population. As the purchasing power of Beijing consumers grows, sales of large and expensive diamond jewelry are expected to rise rapidly in the future... 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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