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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 | Dec 2013

Brilliant cut: Rebounding consumer sentiment and limited competition will return the industry to growth

IBISWorld’s Jewelry Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$33bn
Annual Growth 08-13
-0.3%
Annual Growth 13-18
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Profit
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Employment
172,889
Businesses
67,622
Industry Analysis & Industry Trends

The Jewelry Stores industry lost some of its luster during the five years to 2013. 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 2018, the recovery of the industry will mimic that of the growing economy. As consumers increase discretionary spending, jewelry stores will raise their prices and retain higher 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. Per-capita income and population primarily determine geographic industry concentration.

The Southeast region accounts for an estimated 24.6% of industry establishments; it is the most populous region of the United States, accounting for 25.4% of the population. Most notable, the state of Florida represents 8.5% of US industry establishments. In Florida, 17.3% of the population is aged 65 and older... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Jewelry Stores Industry?

Jewelry stores 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 jewelryOther gemstone jewelryGold 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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