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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 | Jul 2014

Hidden gem: Demand for jewelry will rise as disposable income levels recover

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 09-14
16.4%
Annual Growth 14-19
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Profit
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Employment
22,155
Businesses
2,295
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

Watches

Watch sales are expected to account for 11.7% of revenue in 2014. Their share of revenue has remained stable over the past five years and they account for a relatively small proportion of industry revenue. Most watch sales over the internet are for relatively inexpensive daily use watches. Few people buy high-end Rolex, Patek Phillepe or Rado watches online because on average such watches cost upwards of $20,000.Henece, retailers of these watches bank on the overall in-store experience along with the actual watch to sell their products at such premium prices. However, many retailers and department stores are trying to sell luxury items using the online platform... 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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