SEARCH   
MEMBER LOGIN    

Jewelry Stores in the US: Market Research Report

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

Jewelry Stores Market Research Report | NAICS 44831 | Apr 2016

Crown jewels: Rising disposable income will revive demand for high-end jewelry

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
Market Share of Companies
Industry Statistics & Market Size
Revenue
$33bn
Annual Growth 11-16
0.2%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
171,814
Businesses
58,752
Industry Analysis & Industry Trends

As the unemployment and poverty rates have flattened out, consumer confidence has returned to healthy levels and demand for industry products has grown, helping the Jewelry Stores industry regain its luster. However, recent contractions in the world price of gold have suppressed jewelry prices in recent years and reduced industry revenue in recent years. As the economy has improved, growing disposable income has spurred more consumers to purchase discretionary jewelry pieces. High-income consumers are more likely to purchase luxury goods that provide greater returns to operators, boosting industry profit. The industry will continue to post nominal gains over the five years to 2021, with the price of gold decreasing further and limiting price markups despite economic recovery... purchase to read more

Industry Report - Industry Locations Chapter

Industry activity is concentrated in the Southeast and Mid-Atlantic regions of the United States. Together, these regions account for close to half of industry establishments. High per capita income and large population densities are responsible for the elevated level of concentration of industry establishments in these two regions.

The Southeast region, which has 25.4% of the US population, accounts for an estimated 24.8% of industry establishments. Most notably, the state of Florida has 8.8% of industry establishments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Jewelry Stores Industry?

Operators in this industry sell new jewelry, timepieces and sterling and plated silverware. Companies that vend these products in combination with engraving or repair services are also included in the industry. Operators do not cut and set gemstones or sell costume jewelry or antiques. They also do not sell used goods or provide repair services without also selling new jewelry products. Moreover, this industry does not include internet, mail order or direct sales retailers.

Industry Products
Diamond jewelryPearl and other gemstone jewelryGold jewelryLoose gemstones, including diamonds and colored gemstonesWatchesOther merchandise
 
Industry Activities
Selling new jewelry (except costume jewelry)Selling new sterling and plated silverwareSelling new watches and clocks


View Sample
Quote
Select Clients