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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Analysis Chapter

Driven by growing household income levels, investment demand and marriage-related consumption, the Jewelry Store industry in China has experienced strong development. In the past five years, ACMR-IBISWorld estimates industry revenue increased at an annualized rate of 23.6% to total $82.0 billion in 2013. Although the jewelry retailing market size is much smaller than other traditional retailing sectors in China, such as foodstuffs, textile products, and household appliances, recent rapid growth has made jewelry a more common consumption good category in China.

Jewelry prices are largely determined by precious metal and stone prices... 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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