A gradual but sustained period of economic recovery has helped boost domestic and international demand for jewellery. However, the recent decline in the price of gold, silver and platinum has reduced the price of jewellery at the retail level. Still, demand was strong enough to sustain strong revenue growth over the current five-year period. The industry is expected to record moderate growth in the next five years. Rising per capita disposable income and higher consumer sentiment is forecast to drive growth, while an increase in exports will be helped by a depreciation of the Canadian dollar.
This industry manufactures jewellery or silverware using precious or semi-precious metals and stones. Costume jewellery manufacturers, specialty coin producers and lapidaries (artisans who form stones, minerals and other durable materials into decorative items such as cameos and engraved gems) are also included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.