The Jewellery and Watch Wholesaling industry has suffered from commodity price volatility and a weak Canadian dollar in recent years. Due to massive fluctuations in the price of gold and other inputs, profit margins have been unpredictable, causing a decline in industry participation. Furthermore, the rise of online jewellery sellers and a trend toward wholesale bypass have diminished the industry's role in the larger jewellery supply chain. As a result, the industry is expected to stagnate in the next five years, despite strong demand for jewellery.
This industry wholesales fine jewellery, costume jewellery, watches, clocks, precious metals and metal flatware, precious and semiprecious stones, silverware and jewellers’ findings. This industry does not include the wholesale of precious metal ores or flatware made of nonprecious metal.
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.