Jewellery Manufacturing in Canada - Industry Market Research Report

Jewellery Manufacturing in Canada - Industry Market Research Report

Jewellery Manufacturing in Canada

The Jewellery Manufacturing industry in Canada manufactures a wide range of jewellery products of varying quality. The industry also includes the minting of coins, with coins produced as currency and gold and silver bullion coins produced by the Royal Canadian Mint which forms an important part of this industry. Over the five years to 2019, while the industry has benefited from rising consumer spending and a depreciation in the Canadian dollar, the industry has experienced volatility in demand for gold and silver bullion products, which are used by consumers worldwide for investment purposes. Over the five years to 2024, the industry is forecast to return to growth, in line with its long-term expansion. Industry goods, such as the gold and silver bullion coin products produced by the Royal Canadian Mint, are key products that are often purchased by international investors as a hedge against economic uncertainty.

The Jewellery Manufacturing industry in Canada manufactures jewellery or silverware using precious or semiprecious metals and stones. Costume jewellery manufacturers, specialty coin producers and lapidaries, which are artisans who form stones, minerals and other durable materials into decorative items, 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.