Overview

Crown jewels: Rising disposable income will revive demand for high-end jewelry

IBISWorld’s Jewelry Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Growing disposable income has spurred more consumers to purchase discretionary jewelry pieces
  • Competition has increased in the industry, as consumer dollars have been lost to competing industries
  • The industry will continue to post nominal gains as the macroeconomic climate improves

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    Over the five years to 2017, as per capita disposable income and consumer confidence have increased, shoppers have been able to spend more on the discretionary products retailed at jewelry stores. Nevertheless, increased competition from external industries, as well as steep declines in the world prices of gold and silver, have stifled industry growth over the five years to 2017, causing industry revenue to increase at a slow rate. The industry will continue to post nominal gains over the five years to 2022, with the price of gold further decreasing and limiting price markups, despite economic growth. Consumer spending and purchasing power are both anticipated to rise steadily as the economic climate continues to improve, bolstering demand for jewelry products...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry Key Buyers Chapter

    The Jewelry Stores industry exhibits a low level of market share concentration, with the largest three companies representing 21.0% of total industry revenue in 2017. Over the past five years, industry concentration has increased as major players have used their brand names to sustain and expand their respective market share. Merger and acquisition activity among the industry's primary player, Signet Jewelers Ltd., has also been particularly prominent. For example, in May 2014 Signet acquired Zale Corporation for $1.4 billion. The acquisition increased the company's market share significantly from 9.7% in 2013 to an estimated 15.2% in 2017.

    ..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Jewelry Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Jewelry Stores Industry are

  • Ability to control stock on hand
  • Production of goods currently favored by the market
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Households earning more than $100,000 in the Jewelry Stores industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    What is the Jewelry Stores Industry?

    Operators in this industry sell new jewelry, timepieces and sterling and plated silverware. Companies that vend these products in combination with engraving or repair services are also included in the industry. Operators do not cut and set gemstones or sell costume jewelry or antiques. They also do not sell used goods or provide repair services without also selling new jewelry products. Moreover, this industry does not include internet, mail order or direct sales retailers.

    Industry Products
    Diamond jewelry
    Pearl and other gemstone jewelry
    Gold jewelry
    Watches
    Other merchandise
    Industry Activities
    Selling new jewelry (except costume jewelry)
    Selling new sterling and plated silverware
    Selling new watches and clocks

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Households earning more than $100,000
  • Marriage rate
  • World price of gold

  • Current Performance
  • Demand and profit
  • Competitive threats
  • The price of quality
  • Chart: Revenue Growth

  • Industry Outlook
  • Conditions and competition
  • Product knowledge
  • Table: Jewelry Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Jewelry Stores Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Civic, Social & Youth Organizations
  • Colleges & Universities
  • Wedding Services
  • Consumers

  • Key Selling Industries
  • Glass Product Manufacturing
  • Gold & Silver Ore Mining
  • Jewelry & Watch Wholesaling
  • Jewelry Manufacturing
  • Mineral Product Manufacturing

  • Products & Services
  • Diamond jewelry
  • Other merchandise
  • Watches
  • Gold jewelry
  • Pearl and other gemstone jewelry
  • Chart: Jewelry Stores Industry Products and Services Segmentation

  • Demand Determinants
  • Economic trends
  • Consumer habits
  • Global supply

  • Major Markets
  • Highest income quintile
  • Fourth income quintile
  • Third income quintile
  • Second income quintile
  • Lowest income quintile
  • Chart: Major Market Segmentation for the Jewelry Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Rent, utilities and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Jewelry Stores

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Jewelry Stores Industry

  • Industry Globalization
    Major Companies
    Signet Jewelers Ltd.
  • Table: Signet Jewelers Ltd. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Jewelry Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Jewelry Stores Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • World price of gold (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Aspirational Shopper
  • A consumer who makes luxury purchases priced below $300 in order to satisfy their need for shopping on a tight budget.
  • Big-Box Store
  • A retail store that is differentiated by its sheer size and large range of products, including electronics, household goods and other consumer products.
  • Brick And Mortar
  • A store that has a physical presence and location, as opposed to an online retailer.
  • Cut
  • The angles and proportions created in transforming a rough diamond into a polished diamond. A diamond that is well cut is more valuable than a diamond that is not.
  • Electronic Data Interchange (Edi)
  • The transmission of data between businesses from one computer system to another.
  • Gemologist
  • An expert in precious stones, who can often identify and evaluate types of gems.
  • Karat
  • A unit of measurement that describes the purity of gold.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Jewelry Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Jewelry Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Jewelry Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear