Industry Analysis & Industry Trends
After struggling through poor economic conditions and unfavorable trends like wholesale bypass and rising gold prices, revenue will begin to climb upward again. Over the next five years, retail demand will pick up as incomes improve and consumers return to spending on discretionary goods, which include watches and jewelry, bolstering demand for industry products. Still, input prices and downstream demand will remain volatile, with operators consolidating to achieve profitability... purchase to read more
Industry Report - Industry Locations Chapter
IBISWorld estimates that industry activity is concentrated in the Mid-Atlantic, West and Southeast regions. Together, these regions are estimated to account for 79.0% of total industry establishments. Per capita income, access to transportation and proximity to retail stores are determinants of the geographic distribution of industry concentration.
The Mid-Atlantic region is estimated to account for 44.0% of industry establishments. This region includes the state of New York, which is expected to hold 37.3% of all wholesale jewelry establishments in the United States. While being a strong retail center, New York is home to the largest port in the United States making it an ideal location for exporting or importing jewelry wholesalers... purchase to read more