The report titled
‘Gems
And Jewelry Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019’ comprehensively analyzes
the global market for precious stone and metal jewelry. The market is
analyzed in USD million for jewelry segments such as: gold, silver,
platinum, diamond, pearl, and other.
This report also
offers in-depth region-specific analysis of geographies such as:
U.S., Europe, Asia-Pacific, and Rest of the World. Annual forecasts
for each of the years from 2013 through 2019 are provided in the
report, besides a brief historic analysis of the global Gems And
jewelry Market. Analytics and market data contained in this report
have been derived through extensive primary and secondary research.
The Company Profiles
section of this report is especially pertinent for those companies
seeking an overview of the competitive landscape in the Gems And
jewelry Market. Information in the Company Profiles section has been
extracted from numerous sources including company annual reports,
official literature, press releases, and news reports.
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Report :
Other key aspects of
this report include insightful details about: market growth drivers
and restraints, value chain analysis, market projections over the
forecast period, and analyses based on Porter’s five force model.
This report is a valuable resource for existing market players and
potential market entrants alike.
Overview
Precious gems and
jewelry form an integral part of many cultures around the world.
Besides holding ceremonial significance in a myriad of cultures,
precious stones and metals are also purchased as luxury items. The
global gems and jewelry industry has in the recent past witnessed an
upward growth graph with the rising income levels of consumers. In
the Asian countries, ornament purchases during ceremonies are on the
rise. In this region, the emerging trend of consumers moving away
from traditional unorganized jewelers to branded products is being
observed. This move is a result of consumers’ desire to safeguard
themselves from inferior quality or counterfeit products.
Major jewelry brands
are spending large sums of money on marketing and advertising
campaigns, creating heightened awareness about the organized retail
jewelry market among consumers. This has also improved the perception
of jewelry as a luxurious gift item in Asian countries. All of these
efforts are compounded by easy finance schemes being offered by
sellers to consumers. This has prompted even those consumers without
the financial means to indulge in jewelry purchases—both for
ceremonial use and for gifting. China and India are the leading
consumer markets in Asia. These countries are also leaders in
processing gems and jewelry.
Despite charting a
growth graph, the gems and jewelry industry is faced with a few
challenges that are anticipated to inhibit its growth. These include:
increasing labor charges that ultimately add to the cost of jewelry
and inflation. Another challenge that this industry needs to consider
lies in India, where consumers still purchase gold and gems from
unorganized retailers – many of whom have been jewelers to the
family for centuries. Indian consumers perceive products offered by
such smaller jewelers as being cheaper than those sold by large
brands.
This market research
report profiles Leading Brands
operating in the global Gems And jewelry Market such as: Tiffany,
Gitanjali, Zale Titan, and Blue Nile.
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With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
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