Jewelry Stores in the US - Industry Market Research Report

Jewelry Stores in the US - Industry Market Research Report

  • May 2017
  • 32 pages
  • Ibisworld
Report ID: 198928
Crown jewels: Rising disposable income will revive demand for high-end jewelry

Jewelry Stores in the US

Over the five years to 2017, as per capita disposable income and consumer confidence have increased, shoppers have been able to spend more on the discretionary products retailed at jewelry stores.

Nevertheless, increased competition from external industries, as well as steep declines in the world prices of gold and silver, have stifled industry growth over the five years to 2017, causing industry revenue to increase at a slow rate. The industry will continue to post nominal gains over the five years to 2022, with the price of gold further decreasing and limiting price markups, despite economic growth. Consumer spending and purchasing power are both anticipated to rise steadily as the economic climate continues to improve, bolstering demand for jewelry products.

Additionally, growth in the number of households that earn more than $100,000 is expected to accelerate slightly through 2022. These factors will aid demand for industry products; however, rising competition from online retailers will pose a threat to the industry.

Operators in this industry sell new jewelry, timepieces and sterling and plated silverware. Companies that vend these products in combination with engraving or repair services are also included in the industry. Operators do not cut and set gemstones or sell costume jewelry or antiques. They also do not sell used goods or provide repair services without also selling new jewelry products. Moreover, this industry does not include internet, mail order or direct sales retailers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MAJOR COMPANIES
Signet Jewelers Ltd.
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Country=UnitedStates Industry=ClothingAccessories ParentIndustry=ClothingAndTextile Date=201705 Topic=MarketReport Publisher=Ibisworld Price=1000