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Global Gems and Jewellery Market 2015-2019

Global Gems and Jewellery Market 2015-2019

Market analysis of the gems and jewelry market

Technavio's market research analyst predicts the global gems and jewelry market to reach a market value of around USD 292 billion by the end of 2019. The changing lifestyles and evolving consumer preferences have driven the growth of this market. Consumers are buying gold and diamond jewelry as gifts for marriages, birthdays, and anniversaries.

The growing organized retail format is also expected to contribute to the market growth during the forecast period. All the key vendors in markets such as the US, the UK, Japan, and Italy operate through their exclusive modern retail jewelry stores or specialty jewelry stores. This trend is also being witnessed in emerging markets such as India. For instance, Titan became the largest organized retailer for gems and jewelry during 2014 with a market share of 4% in India. It started its flagship brand store called 'Tanishq' in 1994 and within ten years of operation the retailer has created a significant footprint in the Indian market.

Product segmentation and analysis of the gems and jewelry market

Gold jewelry
Diamond jewelry
Platinum jewelry
Others (silver, palladium, imitation jewelry, colored gems, precious stones)
The gold jewelry segment accounted for 43% of the market share during 2014. However, the report predicts this segment to witness a decline in shares during the forecast period. The increasing gold price index globally across different currencies is the primary reason for the decline of this segment.

Geographical segmentation and analysis of the global gems and jewelry market

APAC
Europe
North America
ROW
APAC was the largest revenue contributor during 2014 with a market share of around 53%. The rise in disposable income in this region is the primary driver for the market growth. Countries such as China and India are the market leaders in this region contributing more than half of the region's revenue for all category of gems and jewelry products.

Competitive landscape and key vendors

The global gems and jewelry market is highly competitive with the presence of five major vendors and numerous small and mid-sized vendors. The five key vendors contributed 12% of the global revenue during 2014.

The key vendors in the market are:

Chow Tai Fook Jewelry Group
Compagnie Financière Richemont
Signet Jewelers
Rajesh Exports
LVMH Moët Hennessy
Other vendors in the market include Aurum Holdings, Emperor Watch & Jewellery, Gitanjali Gems, Kering, and Titan.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?
What are the key factors driving the global gems and jewelry market?
What are the key market trends impacting the growth of the global gems and jewelry market?
What are the challenges to market growth?
Who are the key vendors in the gems and jewelry market?
What are the market opportunities and threats faced by the vendors in the gems and jewelry market?
Trending factors influencing the market shares of the APAC, Europe, North America and ROW?
What are the key outcomes of the five forces analysis of the global gems and jewelry market?
Technavio also offers customization on reports based on specific client requirement.

Related reports

Jewelry Market in India 2015-2019
Global Precious Metals Market 2015-2019
Global Personal Accessories Market 2015-2019
Luxury Goods Market in China 2015-2019
Global Cufflinks Market- Market Analysis 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Global Gems and Jewelry Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Gems and Jewelry Market: Chow Tai Fook Jewelry Group, Compagnie Financière Richemont, Signet Jewelers, Rajesh Exports and LVMH Moët Hennessy

Other Prominent Vendors in the market are: Aurum Holdings, Emperor Watch & Jewellery, Gitanjali Gems, Kering, and Titan.

Commenting on the report, an analyst from Technavio’s team said: “The major trend followed in this market is building brands, advances in technology, and multichannel marketing. Technologies such as computer aided design (CAD) and rapid prototyping (RP) are the two major technologies frequently used by the manufacturers for their jewelry production. The marketers are now also developing their online businesses. Signet Jewelers has started its online store for its flagship jewelry brands Kay Jewelers and Jered the Galleria of Jewelry.”

According to the report, emerging economies and increase in disposable income are some of the major growth drivers of the gems and jewelry market.

Further, the report states that the major obstacle faced by the leading players is competition from the unorganized and local players. It is hard for the marketers to cater in markets where the market presence of local players and unorganized players is wider.

Companies Mentioned

Chow Tai Fook Jewelry Group, Compagnie Financière Richemont, Signet Jewelers, Rajesh Exports, LVMH Moët Hennessy, Aurum Holdings, Emperor Watch & Jewellery, Gitanjali Gems, Kering, and Titan.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Challenges vs market development
  • Market landscape
    • Market overview
      • Table Global gems and jewelry market by product category
    • Market size and forecast
      • Table Global gems and jewelry market by revenue 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global gems and jewelry market by product category and by revenue
      • Table Gems and jewelry products market by product category and by revenue 2014-2019 ($ billions)
      • Table Global gold jewelry market share decline during 2014-2019
      • Table Diamond jewelry market share increase during 2014-2019
      • Table Platinum jewelry market share increase during 2014-2019
      • Table Other gems and jewelry market share increase during 2014-2019
      • Table Global gold jewelry market 2014-2019 ($ billions)
      • Table Global diamond jewelry market 2014-2019 ($ billions)
      • Table Global platinum jewelry market 2014-2019 ($ billions)
      • Table Global other gems and jewelry market 2014-2019 ($ billions)
  • Geographical segmentation
    • Global gems and jewelry market by geographical segmentation 2014-2019
      • Table Global gems and jewelry market by geographical segmentation and by revenue, 2014 and 2019
      • Table APAC market share increase during 2014-2019
      • Table North America market share decline during 2014-2019
      • Table Europe market share decline during 2014-2019
      • Table ROW market share increase during 2014-2019
  • Key leading countries
    • Table Key leading countries
    • Table Key leading countries by revenue share
    • US
    • China
    • India
    • UK
    • Italy
  • Market drivers
    • Table Market drivers
    • Table Global population segmentation
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Market challenges
    • Table Global gold jewelry demand in 2013 and 2014 in tones
    • Table Gold price index change in 2014 compared to 2013
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Market trends
  • Vendor landscape
    • Competitive scenario
    • Market share analysis 2014
      • Table Global gems and jewelry market by vendors 2014
    • Other prominent vendors
  • Key vendor analysis
    • Chow Tai Fook
      • Table Chow Tai Fook: Product category
      • Table Chow Tai Fook: Geographical segmentation by revenue 2014
    • Compagnie Financière Richemont SA
      • Table Richemont: Business segmentation 2015 by revenue
      • Table Richemont: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table Richemont: Geographical segmentation by revenue 2015
    • LVMH
      • Table LVMH: Business segmentation by revenue 2014
      • Table LVMH: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table LVMH: Geographical segmentation by revenue 2014
    • REL
      • Table REL: Product segmentation
    • Signet Jewelers
      • Table Signet Jewelers: Product segmentation
      • Table Signet Jewelers: Business divisions by revenue 2015
      • Table Signet Jewelers: Product segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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