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Singapore Jewelry and Watch Retail Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 47 Pages
  • October 2023
  • Region: Singapore
  • MarketLine
  • ID: 5907623
Jewelry & Watch Retail in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The market Includes gold jewelry, silver jewelry, and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds, and rubies), pearls (natural and cultured), semi-precious stones (e.g., quartz, opal, topaz, amethyst, coral, etc.), precious charms, brooches, cufflinks, body jewelry, precious hair accessories/headwear (tiaras) and fine watches.
  • The Singaporean jewelry and watches market had total revenues of $4.8 billion in 2022, representing a compound annual growth rate (CAGR) of 3.5% between 2017 and 2022.
  • The Jewelry and Watches segment accounted for the market’s largest proportion in 2022, with total revenues of $4.0 billion, equivalent to 84.1% of the market's overall value.
  • According to in-house research, in 2022, Singapore accounted for 1.6% of the Asia-Pacific jewelry and watches retail market.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the jewelry & watch retail market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry & watch retail market in Singapore
  • Leading company profiles reveal details of key jewelry & watch retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore jewelry & watch retail market with five year forecasts

Reasons to Buy

  • What was the size of the Singapore jewelry & watch retail market by value in 2022?
  • What will be the size of the Singapore jewelry & watch retail market in 2027?
  • What factors are affecting the strength of competition in the Singapore jewelry & watch retail market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's jewelry & watch retail market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What are the strengths of leading players?
8 Company Profiles
8.1. Aspial Corp Ltd
8.2. SK Jewellery Group Ltd
8.3. Compagnie Financiere Richemont SA
8.4. LVMH Moet Hennessy Louis Vuitton SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Singapore jewelry & watches market value: $ million, 2017-22
Table 2: Singapore jewelry & watches market category segmentation: % share, by value, 2017-2022
Table 3: Singapore jewelry & watches market category segmentation: $ million, 2017-2022
Table 4: Singapore jewelry & watches market geography segmentation: $ million, 2022
Table 5: Singapore jewelry & watches market value forecast: $ million, 2022-27
Table 6: Poh Heng Jewellery Pte Ltd: key facts
Table 7: Aspial Corp Ltd: key facts
Table 8: Aspial Corp Ltd: Annual Financial Ratios
Table 9: Aspial Corp Ltd: Key Employees
Table 10: SK Jewellery Group Ltd: key facts
Table 11: SK Jewellery Group Ltd: Key Employees
Table 12: Compagnie Financiere Richemont SA: key facts
Table 13: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 14: Compagnie Financiere Richemont SA: Key Employees
Table 15: Compagnie Financiere Richemont SA: Key Employees Continued
Table 16: LVMH Moet Hennessy Louis Vuitton SA: key facts
Table 17: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
Table 18: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
Table 19: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
Table 20: Singapore size of population (million), 2018-22
Table 21: Singapore gdp (constant 2005 prices, $ billion), 2018-22
Table 22: Singapore gdp (current prices, $ billion), 2018-22
Table 23: Singapore inflation, 2018-22
Table 24: Singapore consumer price index (absolute), 2018-22
Table 25: Singapore exchange rate, 2018-22
List of Figures
Figure 1: Singapore jewelry & watches market value: $ million, 2017-22
Figure 2: Singapore jewelry & watches market category segmentation: $ million, 2017-2022
Figure 3: Singapore jewelry & watches market geography segmentation: % share, by value, 2022
Figure 4: Singapore jewelry & watches market value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the jewelry & watches market in Singapore, 2022
Figure 6: Drivers of buyer power in the jewelry & watches market in Singapore, 2022
Figure 7: Drivers of supplier power in the jewelry & watches market in Singapore, 2022
Figure 8: Factors influencing the likelihood of new entrants in the jewelry & watches market in Singapore, 2022
Figure 9: Factors influencing the threat of substitutes in the jewelry & watches market in Singapore, 2022
Figure 10: Drivers of degree of rivalry in the jewelry & watches market in Singapore, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aspial Corp Ltd
  • SK Jewellery Group Ltd
  • Compagnie Financiere Richemont SA
  • LVMH Moet Hennessy Louis Vuitton SA