US Jewelry Market with Focus on Engagement Rings: Industry Analysis & Outlook (2017-2021)

US Jewelry Market with Focus on Engagement Rings: Industry Analysis & Outlook (2017-2021)

Jewelry is one of the most valuable segments in trade and commerce industry. The sector sways between inexpensive jewelry pieces for daily wear, to special items like engagement rings and watches meant for celebrating special events, to investment pieces priced and sold similar to antique pieces and fine art. Inspired by the growing economy and rising personal income, the US jewelry market has witnessed an impressive growth thus, expanding the boundaries of its existing realm.

Jewelry market’s retail as well as online segment both are fiercely competitive and are highly fragmented. Considering several elements utilized in jewelry industry, gold has always dominated the industry on account of its vivid physical and chemical properties like luster and ease of fabrication. Apart from gold, other chief metals employed in the jewelry industry include diamond, platinum, silver, titanium, and palladium among others.

The key factors which are anticipated to drive US jewelry market include economic growth, increasing urbanization and rise of middle class population, increasing employment in the US, rising internet penetration and increase in working women population. Some of the significant developments of this industry include growing popularity of omni-channels, changing consumer preferences, and increasing women self-purchase practice. However, the challenges faced ahead by the US industry include lack of expert advice and real product examination, threat from synthetic diamond, cybercrime and fraud and rising mining cost.

This report offers a comprehensive analysis of the US jewelry market. Furthermore, market dynamics including key trends and development; and challenges are analyzed in depth. On the contention front, the market is reined by few major players namely LVMH, Signet, Tiffany & Co., and Blue Nile. The competitive landscape of the respective market, along with the company profiles of the leading players are also discussed in detail.


1. Overview
1.1 Introduction
1.2 Jewelry Supply Chain
Table 1: Gem & Jewelry Industry Supply Chain
1.3 Jewelry Market by Category
Table 2: Global Jewelry Market by Category
1.4 Jewelry Type by Quality and Value
Table 3: Jewelry Types by Quality
1.5 Diamond Engagement Ring
2. Global Jewelry Market
2.1 Diamond Jewelry
2.1.1 Global Diamond Jewelry Market by Value
Table 4: Global Diamond Jewelry Market by Value (2012-2016)
2.1.2 Global Diamond Jewelry Market Forecast by Value
Table 5: Global Diamond Jewelry Market Forecast by Value (2017-2021)
2.1.3 Global Diamond Jewelry Market by Region
Table 6: Global Diamond Jewelry Market by Region (2016)
2.2 Gold Jewelry
2.2.1 Global Gold Jewelry Demand by Volume
Table 7: Global Gold Jewelry Demand by Volume (2012-2016)
2.2.2 Global Gold Jewelry Demand Forecast by Volume
Table 8: Global Gold Jewelry Demand Forecast by Volume (2017-2021)
2.2.3 Global Gold Jewelry Demand by Region
Table 9: Global Gold Jewelry Demand by Region (2016)
3. The US Jewelry Market
3.1 The US Jewelry Market by Value
Table 10: The US Jewelry Market by Value (2012-2016)
3.2 The US Jewelry Market Forecast by Value
Table 11: The US Jewelry Market Forecast by Value (2017-2021)
3.3 The US Jewelry Stores by Volume
Table 12: The US Jewelry Stores by Volume (2012-2016)
3.4 The US Diamond Jewelry Market by Value
Table 13: The US Diamond Jewelry Market by Value (2012-2016)
3.5 The US Diamond Jewelry Market Forecast by Value
Table 14: The US Diamond Jewelry Market Forecast by Value (2017-2021)
3.6 The US Diamond Jewelry Market by Type
Table 15: The US Diamond Jewelry Market by Type (2016)
3.6.1 The US Diamond Engagement Ring Market by Value
Table 16: The US Diamond Engagement Ring Market by Value (2012-2016)
3.6.2 The US Diamond Engagement Ring Market Forecast by Value
Table 17: The US Diamond Engagement Ring Market Forecast by Value (2017-2021)
3.6.3 The US Diamond Engagement Ring Average Retail Price
Table 18: The US Diamond Engagement Ring Average Retail Price (2012-2016)
3.6.4 The US Diamond Engagement Ring Average Retail Price Forecast
Table 19: The US Diamond Engagement Ring Average Retail Price Forecast (2017-2021)
3.6.5 The US Diamond Engagement Ring Market by Sales Channel
Table 20: The US Diamond Engagement Ring Market by Sales Channel (2016)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Economic Growth
Table 21: GDP Growth in the US (2012-2016)
4.1.2 Rising Urban Population
Table 22: The US Urban Population (2012-2016)
4.1.3 Rising Internet Penetration
Table 23: The US Internet Users by Volume (2012-2016)
4.1.4 Declining Unemployment Rate
Table 24: The US Unemployment Rate (2012-2016)
4.2 Major Trends & Development
4.2.1 Omni Channels Gaining Popularity
4.2.2 Changing Consumer Preferences
4.2.3 Increasing Women Self-Purchase Practice
4.3 Challenges
4.3.1 Lack of Expert Advice and Real Product Examination
4.3.2 Threat of Synthetic Diamond
4.3.3 Cybercrime and Fraud
4.3.4 Swelling Cost of Mining
5. Competitive Landscape
5.1 Global Jewelry Market
Table 25: Key Jewelry Companies-Revenue & Market Cap Comparison (2016)
5.2 The US Online Diamond Engagement Ring Market by Players
Table 26: The US Online Diamond Engagement Ring Market Competitive Overview (2016)
5.3 The US Specialty Jewelry Store Chain Comparison
Table 27: List of Specialty Jewelry Chains with over 25 stores (2016)
5.4 The US Jewelry Market Share by Store Type
Table 28: Branded Specialty Stores Vs. Local Stores (2016)
6. Company Profiles
6.1 LVMH Moët Hennessy Louis Vuitton SE
6.1.1 Business Overview
Table 29: LVMH’s Revenue Share by Business Segment (2016)
6.1.2 Financial Overview
Table 30: LVMH’s Revenue and Net Income (2012-2016)
6.1.3 Business Strategies
Table 31: LMVH Advertising And Promotion Expenses (2014-2016)
6.2 Signet Jewelers Ltd.
6.2.1 Business Overview
Table 32: Signet Sales by Business Segment (2016)
6.2.2 Financial Overview
Table 33: Signet Jewelers Ltd. Sales and Operating Income (2012-2016)
6.2.3 Business Strategies
6.3 Tiffany & Co.
6.3.1 Business Overview
Table 34: Tiffany & Co. Net Sales by Geographical Segment (2016)
6.3.2 Financial Overview
Table 35: Tiffany & Co. Net Sales and Net Earnings (2012-2016)
6.3.3 Business Strategies
6.4 Blue Nile
6.4.1 Business Overview
6.4.2 Financial Overview
Table 36: Blue Nile’s Net Sales and Net Income (2012-2016*)
6.4.3 Business Strategies

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook