Report cover image

UK Sector Series: Jewellery & Watches, 2023-2028

Publisher GlobalData
Published Jan 30, 2025
Length 60 Pages
SKU # GBDT19649710

Description

UK Sector Series: Jewellery & Watches, 2023-2028

Summary

The UK Jewellery & Watches report offers a comprehensive insight into the Jewellery & Watches market in the UK, analysing the sector, the major players, the main trends, and consumer attitudes, as well as providing market forecasts out to 2028.

The UK jewellery & watches market experienced a sales decline in 2023 as consumers reigned in spending on non-essentials. Many retailers in this sector have not been immune to this weaker market landscape and have observed a similar downturn in sales. High street specialists targeting budget-conscious consumers felt this slump the most. Specialists operating in luxury jewellery & watches have fared better, less impeded by the cost-of-living crisis and inflationary pressures.

Key Highlights
  • We forecast the jewellery & watches market will achieve a CAGR of 2% between 2023 and 2028.
  • Watches and rings will provide the largest boost to the value of the jewellery & watches market between 2023 and 2028.
  • UK consumers rank quality as the highest driver when purchasing jewellery & watches, with over 90% of shoppers considering it an important factor.
Reasons to Buy
  • Using our five year forecasts to 2028, learn which categories in the Jewellery & Watches market will be the fastest performing to enable focus and investment in these winning product areas.
  • Understand how drivers of Jewellery & Watches purchases, such as range, price and quality, vary in importance among different demographics to maximise sales potential.
  • Use our in-depth analysis and forecasts to understand the current and future performances of the different channels, including online and offline.

Table of Contents

60 Pages
Executive summary
The UK Jewellery & Watches market has robust growth ahead as consumers see the market as an investment opportunity
Affluent and aspirational consumers purchasing watches will bolster total sector growth out to 2028
Jewellery & watch shoppers prioritise quality and value for money
KEY TRENDS
UK Jewellery & Watches Market drivers
UK Jewellery & Watches Market inhibitors
Key Trend: Sustainability drives innovation in Jewellery & Watches market
Key Trend: Jewellery & watch specialists overshadow multi-brand retailers
Key Trend: Minimalist and timeless designs dominate the jewellery market
Key Trend: Innovation reduces barriers to online jewellery & watch purchases
Strategies for Success in the UK Jewellery & Watches Market
MARKET SIZE AND FORECASTS
Five year growth 2018-2028
Market size, 2018-2028
Market Growth Drivers, 2021-2028
CATEGORY PERFORMANCE AND FORECASTS
Key category trends
Jewellery & Watches categories
Market by category %, 2018-2028
Market by Sub Category, 2023 & 2028
CHANNEL PERFORMANCE AND FORECASTS
Online market, 2018-2028
Channel growth, 2018-2028
Market by channel, 2023 and 2028
Channel value and forecast, 2023 and 2028
REVENUE AND MARKET SHARES OF TOP 10 PLAYERS
Top 10 UK Jewellery & Watches Retailers, 2023
Market shares of the top 10 retailers
Top 20 most visited and purchased from retailers for Jewellery & Watches, 2024
Jewellery & Watches competitor overlap, 2024
COMPETITIVE LANDSCAPE: PROFILES OF LEADING PLAYERS
Pandora
Beaverbrooks
Goldsmiths
Watches of Switzerland
Retailers to watch
CONSUMERS
Key consumer trends
Jewellery & Watches penetration and profile, 2024
Jewellery & Watches category penetration, 2024
Jewellery & Watches channel usage, 2024
Jewellery & Watches device usage, 2024
Jewellery & Watches fulfilment methods, 2024
Jewellery & Watches purchase locations, 2024
Jewellery & Watches purchase frequency, 2024
Jewellery & Watches consumer drivers, 2024
METHODOLOGY, DEFINITIONS AND CONTACTS
List of Tables
UK Jewellery & Watches Market by Sub-Category, 2023 & 2028
UK Jewellery & Watches Channel Value & Forecast, 2023 and 2028
Top 10 UK Jewellery & Watches Retailers, 2023
UK Jewellery & Watches Competitor Overlap, 2024
UK Jewellery & Watches Category Penetration by Demographic, 2024
UK Jewellery & Watches Channel Usage by Demographic, 2024
UK Jewellery & Watches Device Usage by Demographic, 2024
UK Jewellery & Watches Fulfilment Methods by Demographic, 2024
UK Jewellery & Watches Purchase Locations by Demographic, 2024
UK Jewellery & Watches Consumer Drivers by Demographic, 2024
List of Figures
Shoppers rating product sustainability as an important consumer driver, 2020-2024
UK Jewellery & Watches Market GBP m, 2018, 2023, 2028 & CAGR %
UK Jewellery & Watches Market Value GBP m, 2018-2028
UK Jewellery & Watches Market Annual Growth %, 2018-2028
UK Jewellery & Watches Market Growth Drivers, 2021-2028
UK Jewellery & Watches Categories by Value GBP m, 2023 & 2028
UK Jewellery & Watches Categories by Value Growth %, CAGR 2023-2028
UK Jewellery & Watches Market by Category %, 2018, 2023, 2028
UK Jewellery & Watches Online Market Size GBPm and Online Penetration %, 2018-2028
UK Jewellery & Watches Channel Growth, 2018-2028
UK Jewellery & Watches Market by Channel, 2023 and 2028
Market Shares of Top 10 UK Jewellery & Watches Retailers, 2023, 2023 & 2024e
Top 20 Most Visited Retailers for Jewellery & Watches %, 2024
Top 20 Most Purchased from Retailers for Jewellery & Watches %, 2024
Pandora UK Jewellery & Watches sales GBP mil, 2018-2023, and annual growth %
Pandora UK Jewellery & Watches market share %, 2018-2024e
Pandora UK Jewellery & Watches Penetration %, 2024
Beaverbrooks UK Jewellery & Watches sales GBP mil, 2018-2023, and annual growth %
Beaverbrooks UK Jewellery & Watches market share %, 2018-2024e
Beaverbrooks UK Jewellery & Watches Penetration %, 2024
Goldsmiths UK Jewellery & Watches sales GBP mil, 2018-2023, and annual growth %
Goldsmiths UK Jewellery & Watches market share %, 2018-2024e
Goldsmiths UK Jewellery & Watches Penetration %, 2024
Watches of Switzerland UK Jewellery & Watches sales GBP mil, 2018-2023, and annual growth %
Watches of Switzerland UK Jewellery & Watches market share %, 2018-2024e
UK Jewellery & Watches Penetration %, 2024
UK Jewellery & Watches Profile %, 2024
UK Jewellery & Watches Category Penetration %, 2024
UK Jewellery & Watches Channel Usage %, 2024
UK Jewellery & Watches Device Usage %, 2024
UK Jewellery & Watches Fulfilment Methods %, 2024
UK Jewellery & Watches Purchase Locations %, 2024
UK Jewellery & Watches Purchase Frequency, 2024
UK Jewellery & Watches Consumer Drivers %, 2024
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.