Jewelry, Watches and Accessories Retailing in Japan - Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2019

Jewelry, Watches and Accessories Retailing in Japan - Market Summary and Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2019

  • August 2015 •
  • 56 pages •
  • Report ID: 3248774
Summary
Sales of jewelry, watches and accessories in Japan are expected to witness a modest CAGR of 1.7% over the next five years. This growth will largely be driven by the improving economy and purchases, driven by the increasing number of tourists. Retailers are trying to attract tourists with translators in stores, and by focusing marketing strategies to include tourists. Sales through online channel are expected to witness strong growth of 11.8% during 2014-2019.

Key Findings
- Specialist retailers were the most preferred channel for customers, having accounted for 54.7% of jewelry, watches and accessories sales in 2014

- Jewelry, watches and accessories accounts for 2% of the total retail sales in Japan.

- Sales through online channel stood at 4.5% of the total sales in the sector in 2014 and are expected to reach 7.1% by 2019.

- Per capita spend on jewelry, watches and accessories is expected to witness a CAGR of 2.3% to reach JPY17,289 by 2019

Synopsis
“Jewelry, Watches and Accessories Retailing in Japan - Market Summary and Forecasts” ” is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2019

What else does this report offer?

- A thorough analysis of consumer trends changing economic and population factors

- Both qualitative and quantitative insights and analysis of the shifting jewelry, watches and accessories retail dynamics from 2009 to 2019

- Sales of jewelry, watches and accessories through the following channels from 2009 to 2019: Clothing, footwear, accessories and luxury goods specialists; department stores; other specialist retailers; online; hypermarkets, supermarkets and hard-discounters; other general and non-specialist direct retailers; duty free retailers

- An overview of key jewelry, watches and accessories retailers operating across Japan and their presence across distribution channels

Reasons To Buy
- Gain a comprehensive knowledge on jewelry, watches and accessories sector in the Japan retail market and develop a competitive advantage from the start of your supply chain

- Investigate current and forecast behaviour trends in jewelry, watches and accessories category to identify the best opportunities to exploit

- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior

- Understand the fastest growing categories including jewelry, watches and accessories, with insights on performance across key channels from 2009, with forecasts until 2019

- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the jewelry, watches and accessories market

- Analysis of key international and domestic players operating in the jewelry, watches and accessories market - including store counts and revenues that give you a competitive edge - identify opportunities to improve your market share

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Country=Japan Industry=Retail ParentIndustry=ConsumerGoodsAndRetail Date=201508 Topic=Demand Publisher=GlobalData Price=2000