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 Locations Chapter
Similar to the E-commerce and Online Auctions industry (see IBISWorld report 45411a), the Online Jewelry and Watch Sales industry's geographic spread of establishment is not proportional to the distribution of population. While brick-and-mortar retailers must be located in highly populated areas, online retailers only require warehousing space to store goods, as they are delivered via mail to customers. To this end, establishing warehouses in highly populated areas is unnecessary and unviable. The rent costs associated with high-density areas would cause industry players to incur considerable, unnecessary costs.
Major hubs for online retailing, however, are those areas with a higher share of the population such as the West, Southeast and Mid-Atlantic... purchase to read more