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Online Jewelry & Watch Sales in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Online Jewelry & Watch Sales Market Research Report | Online Retail | Online Clothing & Accessories | Feb 2015

Hidden gem: Revenue will decline in 2014 only to quickly recover in the years after

IBISWorld’s Online Jewelry & Watch Sales market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Blue Nile Inc. Blue Nile Inc. market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 10-15
8.3%
Annual Growth 15-20
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Profit
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Employment
22,758
Businesses
2,360
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 SWOT Analysis Chapter

The Online Jewelry and Watch Sales industry is in a growth stage of its life cycle. Industry value added (IVA) -- which measures the industry's contribution to the economy -- is forecast to grow at an average annual rate of 7.5% over the ten years to 2020. Meanwhile, US GDP is anticipated to grow at a much more subdued 2.5% per year on average, indicating the industry's growing presence in the economy. The industry has primarily been driven by consumers' shopping habits shifting to the cyber sphere. In addition to the convenience offered by online shopping, many websites also offer price comparison services, which are particularly enticing when budgets are tight (as was the case during the recession).

Moreover, the industry has expanded in terms of participants... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Jewelry & Watch Sales Industry?

Operators in this industry sell fine jewelry, artificial jewelry, watches and costume jewelry over the internet. Operators include online-only retailers as well as brick-and-mortar stores that have an online presence.

Industry Products
WatchesSpecialty jewelry Costume and other jewelry
 
Industry Activities
Costume jewelry retailingPrecious metal jewelry retailingGemstone jewelry retailingWatch retailingDiamond jewelry retailingArtificial jewelry retailing


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