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Luxury Jewellery in Malaysia

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    Report

  • 20 Pages
  • December 2021
  • Region: Malaysia
  • Euromonitor International
  • ID: 4030373
Due to restrictions imposed to curb the spread of COVID-19, sales of luxury jewellery in Malaysia were restricted in 2020. For example, during the country lockdown between 18 March and 4 May 2020, non-essential stores were required to cease operations, including jewellery specialist retailers. Furthermore, the negative impact of COVID-19 on the job market in Malaysia, including high unemployment rates, had an adverse effect on businesses in 2020.

The publisher's Luxury Jewellery in Malaysia report offers a comprehensive guide to the size and shape of the Luxury Jewellery market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Jewellery retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Product coverage: Luxury Costume Jewellery, Luxury Fine Jewellery.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Luxury Jewellery market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2021 DEVELOPMENTS
  • Slow recovery of luxury jewellery in 2021 due to the ongoing pandemic
  • Discounting employed for entry level brands while fine jewellery players focus on exclusivity and product differentiation
  • International luxury jewellery players remain highly active in new product launches and the facilitation of walk-in store appointments with e-commerce the reserve of entry-level brands

PROSPECTS AND OPPORTUNITIES
  • Growth in e-commerce for entry-level luxury jewellery and luxury costume jewellery while luxury fine jewellery remains in the domain of offline
  • Brands develop and further employ home delivery and concierge services even after the pandemic recedes thanks to ongoing consumer demand
  • Positive outlook for luxury jewellery as international tourists return and luxury shopping centres reopen

CATEGORY DATA
  • Table 1 Sales of Luxury Jewellery by Category: Value 2016-2021
  • Table 2 Sales of Luxury Jewellery by Category: % Value Growth 2016-2021
  • Table 3 NBO Company Shares of Luxury Jewellery: % Value 2016-2020
  • Table 4 LBN Brand Shares of Luxury Jewellery: % Value 2017-2020
  • Table 5 Distribution of Luxury Jewellery by Format: % Value 2016-2021
  • Table 6 Forecast Sales of Luxury Jewellery by Category: Value 2021-2026
  • Table 7 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2021-2026

LUXURY GOODS IN MALAYSIA
EXECUTIVE SUMMARY
  • Luxury goods in 2021: The big picture
  • 2021 key trends
  • Competitive landscape
  • Retailing developments
  • What next for luxury goods?

MARKET DATA
  • Table 8 Sales of Luxury Goods by Category: Value 2016-2021
  • Table 9 Sales of Luxury Goods by Category: % Value Growth 2016-2021
  • Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
  • Table 11 NBO Company Shares of Luxury Goods: % Value 2016-2020
  • Table 12 LBN Brand Shares of Luxury Goods: % Value 2017-2020
  • Table 13 Distribution of Luxury Goods by Format and Category: % Value 2021
  • Table 14 Forecast Sales of Luxury Goods by Category: Value 2021-2026
  • Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026

DISCLAIMER
SOURCES
  • Summary 1 Research Sources