Jewelry & Watch Wholesaling in the US - Industry Market Research Report
Description
Jewelry & Watch Wholesaling in the US
Wholesalers have encountered volatility because of unstable prices of precious metals. Precious metals are a critical input to products, and the weight of the precious metal that a piece of jewelry contains primarily determines its retail price. Any significant change in the prices of commodities, including gold, silver or platinum, strongly influences the industry because it affects both the cost and selling price of goods. Because of volatility in input costs, industry revenue has dropped at a CAGR of 3.1% to $54.5 billion over the past five years, including a 2.7% decline in 2023. Profit has also fallen to 3.1% of revenue in 2023 from 4.0% in 2018.
Operators in this industry wholesale fine jewelry, costume jewelry, watches, clocks, precious metals and metal flatware, precious and semiprecious stones, silverware and jewelers’ 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."
Wholesalers have encountered volatility because of unstable prices of precious metals. Precious metals are a critical input to products, and the weight of the precious metal that a piece of jewelry contains primarily determines its retail price. Any significant change in the prices of commodities, including gold, silver or platinum, strongly influences the industry because it affects both the cost and selling price of goods. Because of volatility in input costs, industry revenue has dropped at a CAGR of 3.1% to $54.5 billion over the past five years, including a 2.7% decline in 2023. Profit has also fallen to 3.1% of revenue in 2023 from 4.0% in 2018.
Operators in this industry wholesale fine jewelry, costume jewelry, watches, clocks, precious metals and metal flatware, precious and semiprecious stones, silverware and jewelers’ 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."
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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