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 Key Buyers Chapter
The industry's top four players are estimated to account for an estimated 17.4% of industry revenue in 2015. This is characteristic of an industry with low market share concentration. Over the past five years, IBISWorld expects that the industry's concentration has decreased slightly. Even though major players increased marketing expenditure and solidified their positions as the top players in the online market, there has been a rapid and considerable rise in smaller industry players over the period mitigating exceptional concentration growth.
Industry player Signet Jewelers Ltd displayed the most phenomenal growth over the period; however, this growth came off a low base, coupled with the acquisition of Ultra in 2012... purchase to read more