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Jewelry and Watch Stores Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5806845
The jewelry and watch stores market size is expected to see strong growth in the next few years. It will grow to $218.4 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to sustainability and ethical practices, customization and personalization, rise of millennial and gen z consumers, global events and market expansion, health and wellness trends. Major trends in the forecast period include digital transformation and e-commerce, personalization, digital marketing strategies, omnichannel retailing, rise of lab-grown diamonds.

The jewelry and watch stores market size has grown strongly in recent years. It will grow from $168.36 billion in 2023 to $177.86 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to several factors, including economic prosperity, which often leads to increased spending on various products and services. Cultural significance can also drive growth, as certain products may hold special meaning in specific cultures or traditions. Tourism and travel can contribute to growth by increasing demand for related products and services. Celebratory occasions, such as holidays or special events, often lead to increased consumption. Effective branding and marketing initiatives can also play a significant role in driving growth by attracting consumers and promoting products effectively.

The jewelry and watch stores market size is expected to see strong growth in the next few years. It will grow to $218.4 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The anticipated growth in the forecast period can be attributed to a focus on sustainability and ethical practices, the increasing demand for customization and personalization, the rising influence of millennial and Gen Z consumers, global events impacting market expansion, and the growing health and wellness trends. Major trends expected in this period include digital transformation and the growth of e-commerce, the continued emphasis on personalization, the use of digital marketing strategies, the adoption of omnichannel retailing approaches, and the rise of lab-grown diamonds as a product category.

The increasing trend of purchasing jewelry for a higher return on investment (ROI) is expected to drive the growth of the jewelry and watch store market in the future. Jewelry includes various ornaments such as necklaces, bracelets, rings, and earrings that are worn on the body. Consumers are now more inclined to purchase jewelry and watches from stores that are known for ethical practices, diversity appreciation, and have a strong brand presence both online and offline, as they seek to make informed investment choices. For example, data from the Bureau of Economic Analysis (BEA) indicates that the expenditure on jewelry for personal use amounted to $94.6 billion in 2021, showing a significant increase from $62.3 billion spent in 2020. This growing trend of purchasing jewelry for its investment value is a key driver behind the expansion of the jewelry and watch store market.

The surge in e-commerce is expected to drive the growth of the jewelry and watch stores market in the forthcoming years. E-commerce, representing electronic commerce, encompasses the buying and selling of products and services over the internet or electronic means. The rise of e-commerce significantly benefits jewelry and watch retailers by expanding their customer reach, providing a convenient platform for global sales, and granting customers easy access to a wider array of products, leading to a surge in online sales within the luxury goods sector. For instance, as per Red Search, an Australia-based SEO agency specializing in assisting Australian businesses, e-commerce spending soared to record highs in 2022, with fashion items claiming the top position with $9.7 billion in sales. Australia also experienced a notable increase in total retail turnover, surpassing $4 million in September 2021, marking a $1 million rise compared to September 2020, which stood just under $3 million. Consequently, the escalation of e-commerce stands as a key driver propelling the jewelry and watch stores market, with online platforms playing a pivotal role in driving sales and expanding market accessibility for luxury goods retailers.

Technological advancements have become a prevailing trend in the jewelry and watch store market, with major companies actively integrating new technologies to maintain their competitive edge. For instance, in February 2022, Perfect Corp, a beauty tech solutions provider based in China, unveiled an innovative AR try-on technology. This groundbreaking technology enables customers to virtually try on rings and bracelets through online platforms. It promises a hyper-realistic virtual try-on experience for watches, rings, and bracelets, utilizing diverse features such as a range of movements, textures, skin tones, hand and finger sizes, and 3D hand models. Through sophisticated hand tracking software, this technology aims to simulate a life such as try-on experience for customers browsing jewelry items online. Additionally, it offers fine jewelry businesses a novel avenue to personalize interactions and engage with customers throughout their online shopping journey.

Major companies in the jewelry and watch stores market are increasingly turning to strategic partnerships as a means to introduce unique collections from renowned brands. Strategic partnerships involve companies leveraging each other's strengths and resources for mutual benefit and success. For example, in July 2022, Ethos Limited, an India-based company specializing in luxury watches, announced a partnership with Jacob & Co., a US-based jewelry and wristwatch manufacturer. This partnership aims to provide Ethos' clients in India with exclusive access to Jacob & Co.'s distinctive collections. Ethos will serve as the sole reseller of the brand's haute horlogerie products in the Indian market. Jacob & Co., known for its high-complication timepieces and impressive designs, has garnered significant attention from watch enthusiasts in recent years. Ethos is excited to introduce the brand to the Indian market and is optimistic about its reception among customers. The company looks forward to a successful collaboration with Jacob & Co.

In November 2021, Watches of Switzerland Group, a UK-based multi-channel luxury watch and jewelry retailer, acquired three Betteridge stores for an undisclosed amount. This acquisition was aimed at expanding and strengthening Watches of Switzerland Group's presence in the US market. Betteridge, a US-based jeweler and watch retailer, is known for offering high-end luxury jewelry and watches through its multiple stores.

Major companies operating in the jewelry and watch stores market report are LVMH Group, Compagnie Financière Richemont S.A., Kering SA, Chow Tai Fook Jewellery Group Limited, Tiffany & Co., Rolex SA, The Swatch Group Ltd., Signet Jewelers Limited, Boucheron SAS, Malabar Gold & Diamonds, Pandora's Art Jewellery, Audemars Piguet Holding SA, Seiko Holdings Corporation, Swarovski AG, Patek Philippe SA, Casio America Inc., Bucherer AG, Fossil Group Inc., Mikimoto & Co. Ltd., Breitling SA, TAG Heuer SA, Omega SA, Chopard Manufacture SA, Graff Diamonds Limited, Piaget SA, Harry Winston Inc., Cartier SA, SHR Jewelry Group, Buccellati, Bulgari Parfums S.p.A., Hublot SA, Jaeger-LeCoultre SA, Vacheron Constantin SA, IWC International Watch Co. Ltd. Asia-Pacific was the largest region in the jewelry and watch stores market in 2023. The regions covered in the jewelry and watch stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Jewelry and watch stores offer a variety of products including necklaces, rings, earrings, bracelets, and others. Necklaces, in particular, are worn around the neck and are crafted from materials such as silver, gold, platinum, diamond, and others. These items are available in different price ranges, including low-range, mid-range, and luxury, and cater to end-users such as women, men, and unisex customers.

The jewelry and watch stores market size has grown strongly in recent years. It will grow from $168.36 billion in 2023 to $177.86 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to economic prosperity, cultural significance, tourism and travel, celebratory occasions, branding and marketing initiatives.

The countries covered in the jewelry and watch stores market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The jewelry and watch stores market includes revenues earned by entities by providing services such as repairs, inspection and cleaning, ring-size adjustment, chain-length reduction, hand engraving, custom-made jewelry, and jewelry redesign. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Jewelry and Watch Stores Market Characteristics3. Jewelry and Watch Stores Market Trends and Strategies
4. Jewelry and Watch Stores Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Jewelry and Watch Stores Market Size and Growth
5.1. Global Jewelry and Watch Stores Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Jewelry and Watch Stores Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Jewelry and Watch Stores Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Jewelry and Watch Stores Market Segmentation
6.1. Global Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Necklace
  • Ring
  • Earrings
  • Bracelet
  • Other Products
6.2. Global Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Branded
  • Unbranded
6.3. Global Jewelry and Watch Stores Market, Segmentation by Material Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Silver
  • Gold
  • Platinum
  • Diamond
  • Other Materials
6.4. Global Jewelry and Watch Stores Market, Segmentation by Price Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Low Range
  • Mid-range
  • Luxury
6.5. Global Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Women
  • Men
  • Unisex
7. Jewelry and Watch Stores Market Regional and Country Analysis
7.1. Global Jewelry and Watch Stores Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Jewelry and Watch Stores Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Jewelry and Watch Stores Market
8.1. Asia-Pacific Jewelry and Watch Stores Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Jewelry and Watch Stores Market
9.1. China Jewelry and Watch Stores Market Overview
9.2. China Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Jewelry and Watch Stores Market
10.1. India Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Jewelry and Watch Stores Market
11.1. Japan Jewelry and Watch Stores Market Overview
11.2. Japan Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Jewelry and Watch Stores Market
12.1. Australia Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Jewelry and Watch Stores Market
13.1. Indonesia Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Jewelry and Watch Stores Market
14.1. South Korea Jewelry and Watch Stores Market Overview
14.2. South Korea Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Jewelry and Watch Stores Market
15.1. Western Europe Jewelry and Watch Stores Market Overview
15.2. Western Europe Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Jewelry and Watch Stores Market
16.1. UK Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Jewelry and Watch Stores Market
17.1. Germany Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Jewelry and Watch Stores Market
18.1. France Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Jewelry and Watch Stores Market
19.1. Italy Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Jewelry and Watch Stores Market
20.1. Spain Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Jewelry and Watch Stores Market
21.1. Eastern Europe Jewelry and Watch Stores Market Overview
21.2. Eastern Europe Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Jewelry and Watch Stores Market
22.1. Russia Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Jewelry and Watch Stores Market
23.1. North America Jewelry and Watch Stores Market Overview
23.2. North America Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Jewelry and Watch Stores Market
24.1. USA Jewelry and Watch Stores Market Overview
24.2. USA Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Jewelry and Watch Stores Market
25.1. Canada Jewelry and Watch Stores Market Overview
25.2. Canada Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Jewelry and Watch Stores Market
26.1. South America Jewelry and Watch Stores Market Overview
26.2. South America Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Jewelry and Watch Stores Market
27.1. Brazil Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Jewelry and Watch Stores Market
28.1. Middle East Jewelry and Watch Stores Market Overview
28.2. Middle East Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Jewelry and Watch Stores Market
29.1. Africa Jewelry and Watch Stores Market Overview
29.2. Africa Jewelry and Watch Stores Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Jewelry and Watch Stores Market, Segmentation by Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Jewelry and Watch Stores Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Jewelry and Watch Stores Market Competitive Landscape and Company Profiles
30.1. Jewelry and Watch Stores Market Competitive Landscape
30.2. Jewelry and Watch Stores Market Company Profiles
30.2.1. LVMH Group
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Compagnie Financière Richemont S.A.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Kering SA
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Chow Tai Fook Jewelry Group Limited
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Tiffany & Co.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Jewelry and Watch Stores Market Other Major and Innovative Companies
31.1. Rolex SA
31.2. The Swatch Group Ltd.
31.3. Signet Jewelers Limited
31.4. Boucheron SAS
31.5. Malabar Gold & Diamonds
31.6. Pandora's Art Jewelry
31.7. Audemars Piguet Holding SA
31.8. Seiko Holdings Corporation
31.9. Swarovski AG
31.10. Patek Philippe SA
31.11. Casio America Inc.
31.12. Bucherer AG
31.13. Fossil Group Inc.
31.14. Mikimoto & Co. Ltd.
31.15. Breitling SA
32. Global Jewelry and Watch Stores Market Competitive Benchmarking33. Global Jewelry and Watch Stores Market Competitive Dashboard34. Key Mergers and Acquisitions in the Jewelry and Watch Stores Market
35. Jewelry and Watch Stores Market Future Outlook and Potential Analysis
35.1 Jewelry and Watch Stores Market in 2028 - Countries Offering Most New Opportunities
35.2 Jewelry and Watch Stores Market in 2028 - Segments Offering Most New Opportunities
35.3 Jewelry and Watch Stores Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Jewelry and Watch Stores Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on jewelry and watch stores market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for jewelry and watch stores? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Product: Necklace; Ring; Earrings; Bracelet; Other Products
2) By Category: Branded; Unbranded
3) By Material Type: Silver; Gold; Platinum; Diamond; Other Materials
4) By Price Range: Low Range; Mid-range; Luxury
5) By End-user: Women; Men; Unisex

Key Companies Mentioned: LVMH Group; Compagnie Financière Richemont S.A.; Kering SA; Chow Tai Fook Jewellery Group Limited; Tiffany & Co.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • LVMH Group
  • Compagnie Financière Richemont S.A.
  • Kering SA
  • Chow Tai Fook Jewellery Group Limited
  • Tiffany & Co.
  • Rolex SA
  • The Swatch Group Ltd.
  • Signet Jewelers Limited
  • Boucheron SAS
  • Malabar Gold & Diamonds
  • Pandora's Art Jewellery
  • Audemars Piguet Holding SA
  • Seiko Holdings Corporation
  • Swarovski AG
  • Patek Philippe SA
  • Casio America Inc.
  • Bucherer AG
  • Fossil Group Inc.
  • Mikimoto & Co. Ltd.
  • Breitling SA
  • TAG Heuer SA
  • Omega SA
  • Chopard Manufacture SA
  • Graff Diamonds Limited
  • Piaget SA
  • Harry Winston Inc.
  • Cartier SA
  • SHR Jewelry Group
  • Buccellati
  • Bulgari Parfums S.p.A.
  • Hublot SA
  • Jaeger-LeCoultre SA
  • Vacheron Constantin SA
  • IWC International Watch Co. Ltd.

Methodology

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