Polishing up: Rising imports and recovered consumer spending have increased revenue growth

Operators in the Jewelry and Watch Wholesaling industry have experienced volatility over the past five years. The prices of popular precious metals, which are inputs for the items industry operators wholesale, have been volatile. Early in the period, as consumer confidence remained below historical averages, investors turned to safe assets like gold, pushing up the asset's price. Rising prices meant industry operators spent more on inputs. This trend reversed in the latter half of the period as commodity prices fell due to increasing consumer confidence and an oversupply of commodities. Revenue is expected to grow at a slow pace over the five years to 2022. While the price of gold and silver is expected to decline slightly, the price of platinum is anticipated to rise during the period...purchase to read more.

Industry Statistics & Market Size
Revenue
$62bn
Annual Growth 12-17
-2.5%
Forecast Growth 17-22
Profit
Employment
73,480
Businesses
33,465
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Revenue is expected to grow as demand increases with improving consumer confidence
  • The industry is highly fragmented and has a low market share concentration
  • Improving economic conditions are expected to boost spending on high-end watches
  • Industry Report - Industry Analysis Chapter

    The Jewelry and Watch Wholesaling industry has benefited from improving economic conditions for consumers but has also experienced challenges from falling commodity prices. This led to mixed results during the current period. Over the five years to 2017, the product segments of precious metals, including metal coins, and costume jewelry have grown strongly, contributing to this industry’s bottom line. While the industry has benefited from these factors, it has simultaneously had to deal with rapidly declining commodity prices. Revenue is closely correlated to the input cost of these metals, as revenue for the industry is essentially the purchasing costs for the wholesalers plus an additional charge for their services to downstream markets. Whi...purchase to read more.

    Additional Insights for the Jewelry & Watch Wholesaling Industry

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

  • Development of new products
  • Proximity to key markets
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Demand from jewelry stores and Per capita disposable income in the Jewelry & Watch Wholesaling industry impact industry performance..

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    What's in this report

    What is the Jewelry & Watch Wholesaling Industry?

    Operators in this industry wholesale fine jewelry, costume jewelry, watches, clocks, precious metals and metal flatware, precious and semiprecious stones, silverware and jewelers’ findings. This industry does not include the wholesale of precious metal ores or flatware made of nonprecious metal.

    Industry Products
  • Diamonds and diamond jewelry
  • Watches, clocks and parts
  • Silverware and plated jewelry
  • Precious metals
  • Karat gold
  • Costume jewelry
  • Industry Activities
  • Wholesaling jewelry, precious and semiprecious stones
  • Wholesaling precious metals and metal flatware
  • Wholesaling costume jewelry
  • Wholesaling watches, clocks and silverware
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from jewelry stores
  • Per capita disposable income
  • Tertiary Industry Markets - Wholesaler Bypass
  • Import penetration into the manufacturing sector
  • World price of gold

  • Current Performance
  • Resurging demand
  • Industry structure
  • Input costs and profit margins
  • Chart: Revenue Growth

  • Industry Outlook
  • Shining opportunities
  • Profit and participation
  • Table: Jewelry & Watch Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Jewelry & Watch Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Women's Clothing Stores
  • Jewelry Stores
  • Department Stores
  • Warehouse Clubs & Supercenters

  • Key Selling Industries
  • Gold & Silver Ore Mining
  • Jewelry Manufacturing
  • Mineral & Phosphate Mining
  • Navigational Instrument Manufacturing

  • Products & Services
  • Precious metals
  • Diamonds and diamond jewelry
  • Watches, clocks and parts
  • Other
  • Costume jewelry
  • Silverware and plated jewelry
  • Karat gold
  • Chart: Jewelry & Watch Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
  • Downstream demand
  • Seasonal factors

  • Major Markets
  • Wholesalers and distributors for resale
  • Retailers
  • Manufacturing and mining industries
  • Other
  • Direct sales (not for resale)
  • Chart: Major Market Segmentation for the Jewelry & Watch Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation, rent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Jewelry & Watch Wholesaling

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Jewelry & Watch Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Jewelry & Watch Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Jewelry & Watch Wholesaling Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Consumer confidence index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    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.
  • E-Tailer
  • A retailer that primarily sells goods and services via the internet. Many of these companies do not have brick-and-mortar locations.
  • Electronic Data Interchange (Edi)
  • The transmission of electronic documents between businesses from one computer system to another.
  • Fashion Or Costume Jewelry
  • Jewelry that is made of less-precious stones and metals and is therefore less expensive.
  • Mass Merchandisers
  • Large retailers that sell a variety of products and services, ranging from groceries to electronics.
  • Radio Frequency Identification (Rfid)
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.
  • Vertical Integration
  • Owning different parts of the supply chain, either in the form of forward integration (owning upstream suppliers) or backward integration (owning downstream buyers).
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Jewelry & Watch Wholesaling is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    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 & Watch Wholesaling:
    • 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 & Watch Wholesaling 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 & Watch Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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