Jewelry & Watches in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the India jewelry & watches market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The Jewelry, Watches and Accessories market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds and rubies), pearls (natural and cultured) and semi-precious stones (e.g. quartz, opal, topaz, amethyst, coral etc.), fashion jewelry (non-precious jewelry), hair accessories, belts, hats, gloves, scarves, sunglasses and ties, plus watches.
The Indian jewelry & watches market is expected to generate total revenues of $53,863.6m in 2017, representing a compound annual growth rate (CAGR) of 13.1% between 2013 and 2017.
The performance of the market is forecast to follow a similar pattern with an anticipated CAGR of 13% for the five-year period 2017 - 2022, which is expected to drive the market to a value of $99,234.8m by the end of 2022
Traditionally in India, the biggest Swiss watchmakers and luxury brands have done very well as Indian consumer tastes in watches favours the big European brands. However as the market is evolving, luxury goods companies such as LVMH are removing their branding and marketing operations from brands, such as Tag Heuer, from the Indian market because of crippling high import taxes on watches and painful retailing costs leaving them with a relatively small profit margin.
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Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry & watches market in India
Leading company profiles reveal details of key jewelry & watches market players’ global operations and financial performance
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What was the size of the India jewelry & watches market by value in 2017?
What will be the size of the India jewelry & watches market in 2022?
What factors are affecting the strength of competition in the India jewelry & watches market?
How has the market performed over the last five years?
What are the main segments that make up India's jewelry & watches market?