Industry Analysis & Industry Trends
The Online Jewelry and Watch Sales industry performed well over the past five years, due to consumers' mounting affinity for quick and easy online shopping. As disposable incomes rebounded, industry revenue has grown more strongly. With the economy continuing along its upward trajectory, consumer demand for discretionary items like jewelry will grow steadily. However, the industry's players will feel intensifying internal competition as the number of online jewelers grows and restrains profit growth.... purchase to read more
Industry Report - Industry Products Chapter
The products retailed by this industry can be broadly segmented into costume jewelry, gemstone jewelry, diamond jewelry, precious metal jewelry and watches. The relative share of each product segment has been affected by a number of factors including disposable income levels, the price of gold and shifting trends in popularity.
The industry's largest product segment is costume jewelry, which consists of ornamental pieces made of inexpensive materials such as glass and simulated gemstones. Products in this category are far less expensive than fine jewelry. IBISWorld expects this segment's share of revenue rose over the five years to 2013 due to the economic climate... purchase to read more