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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 | Feb 2015

Bright and shiny: Rebounding consumer confidence and disposable income will bolster industry revenue

IBISWorld’s Jewelry Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$38bn
Annual Growth 10-15
4.0%
Annual Growth 15-20
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Profit
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Employment
179,098
Businesses
64,480
Industry Analysis & Industry Trends

The Jewelry Stores industry lost some of its luster during the recession. Industry revenue declined as consumer confidence plummeted and disposable income diminished. Consequently, consumers tightened their purse strings, decreasing demand for nonessential luxury items such as jewelry. Nevertheless, in the five years to 2015, revenue is expected to trend largely in line with the overall US economy. As consumers increase discretionary spending, jewelry stores will raise their prices and retain more profit, while limited competition from alternative retailers will contribute to solid revenue growth for the industry... 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 jewelrySterling products (non-jewelry)Gold jewelryLoose gemstones, including diamonds and colored gemstonesWatchesPlatinum jewelryOther merchandise
 
Industry Activities
Selling new jewelry (except costume jewelry)Selling new sterling and plated silverwareSelling new watches and clocks


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