
Direct Selling of Jewelry & Accessories in the US - Industry Market Research Report
Description
Direct Selling of Jewelry & Accessories in the US - Industry Market Research Report
Direct Selling of Jewelry & Accessories in the US
The traditional direct selling model of face-to-face exchanges between a seller and a customer has struggled against a quickly evolving retail market. More than ever, consumers purchase jewelry and accessories by picking up their phones and swiping between options. Increasingly time-poor consumers value the quick convenience of an online sale, while the ability to compare styles and prices leave them with the perception they've gotten the best deal. COVID-19's disruption to the retail space has only accelerated this trend. Rising retail spending in recent years has also led big-box stores like Target to expand and improve their lines of jewelry and accessories. At the same time, consumers have flocked to on-trend, low-cost options at fast fashion retailers. Even as consumers spend robustly on jewelry and accessories post-COVID, a competitive and saturated market leaves little space for direct sellign. In all, industry-wide revenue declined at a CAGR of 5.5% to an estimated $492.0 million over the past five years, including an expected drop of 2.9% in 2023.
Companies in this industry rely on a direct sales model, where salespeople are contracted by the company to market the product. Wages are commission based. Companies in this industry supply accessories, including jewelry and watches.
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.
Table of Contents
40 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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