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Jewelry Stores in China - Industry Market Research Report

Publisher IBISWorld
Published May 24, 2024
Length 62 Pages
SKU # IBSS18859508

Description

Jewelry Stores in China - Industry Market Research Report


Jewelry Stores in China

As household incomes have been rising and living standards have improved, jewelry purchases have increased rapidly over the past five years. Consumption volumes for gold jewelry, China's most popular jewelry category, increased from 985.9 tons in 2015 to 1001.7 tons in 2022, growing by an annualized 0.2% over the period. Over the five years through 2023, total revenue for the Jewelry Stores industry in China is expected to grow at an annualized 6.5% to reach $159.2 billion, including an anticipated 14.7% increase in the current year. China has become the largest consumer of gemstone, jade, platinum and gold jewelry in the world, and the second-largest consumer of diamond jewelry after the United States. Profit margins have rising to 11.1% of industry revenue in 2023.

Jewelry Stores in China mainly retail jewelry and ornaments made of gold, silver, platinum and other precious metals and alloys. Industry stores also sell jewelry and ornaments made with diamonds, jade, pearls and other precious stones.

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

62 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

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
How Do Licenses Work?
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