Seattle, WA -- (SBWIRE) -- 12/13/2019 -- The research report - Global Luxury Jewelry Market -Report By Market Size, Industry Analysis, Share, Revenue - by Stratagem Market Insights offers precise analytical information about the Luxury Jewelry market. The report identifies top players in the global market and divides the market into several parameters such as major drivers market strategies and imposing growth of the key players. Worldwide Luxury Jewelry Industry also offers a granular study of the market dynamics, segmentation, revenue, share forecasts and allows you to make superior business decisions.
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Luxury jewelry is designed from different materials such as gold, silver, diamond and platinum. It consists of different products such as necklace, ring, bracelet, hair ornaments, earring, leg & feet ornaments among others.
Market Dynamics :
Among material, diamond segment accounted for largest revenue share in the luxury jewelry market in 2017, owing to rising demand for diamonds in rings. To cater to this demand, key players are introducing diamond engagement ring collections. For instance, in September 2018, Tiffany & Co. introduced new engagement ring line consisting of diamond rings. Among product type, necklace segment accounted for the largest market share in 2017 and is expected to retain its dominance, owing to lucrative demand for neckwear in Asian countries such as China, India, and Japan.
Europe dominated the market in 2017 and Asia Pacific is projected to be the fastest growing region in the global luxury jewelry market over the forecast period. Government initiatives are playing important role in growth of luxury jewelry in Asia Pacific. For instance, in India, The Gems and Jewelry Export Promotion Council (GJEPC) signed a Memorandum of Understanding with Maharashtra Industrial Development Corporation (MIDC) to build India's largest jewelry park in Mumbai with overall investment of US$ 2.1 billion in 2018.
Key features of the study:
- This report provides in-depth analysis of luxury jewelry market and provides market size (US$ billion) and compound annual growth rate (CAGR %) for the forecast period (2018-2026), considering 2017 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global luxury jewelry market on the basis of the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Gucciogucci S.P.A., Harry Winston, Inc., Societe Cartier, Tiffany & Co, Compagnie Financiere Richemont SA, Buccellati Holding Italia SpA, Graff Diamonds Corporation, and Bulgari S.p.A among others
- Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology upgrade, market expansion, and marketing tactics
- The global luxury jewelry market report caters to various stakeholders in this industry including investors, suppliers, luxury jewelry manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the luxury jewelry market
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Detailed Segmentation:
- Global Luxury Jewelry Market, By Material:
o Gold
o Silver
o Diamond
o Platinum
o Others
- Global Luxury Jewelry Market, By Product Type:
o Necklace
o Ring
o Bracelet
o Hair ornaments
o Earring
o Leg & Feet ornaments
o Others
- Global Luxury Jewelry Market, By End User:
o Men
o Women
- Global Luxury Jewelry Market, By Distribution Channel:
o Mono-brand stores
o Multi-brand boutiques
o Departmental stores
o Online stores
o Others
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About Stratagem Market Insights:
Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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