Dublin, Could 24, 2019 (GLOBE NEWSWIRE) — The “Global and China Jewelry Industry Report, 2019-2025” report has been added to ResearchAndMarkets.com’s providing.
The commercial growth of bijou as a luxurious is topic to the per capita revenue progress. In 2017, world jewellery gross sales reported $325 billion, of which on-line gross sales of excessive jewellery surged by 16% versus 2016, above that of costume jewellery (12%). Diamond jewellery contributed to the biggest retail share of the worldwide jewellery business, a 47% share of the whole, adopted by gold jewellery (42%).
World diamond jewellery gross sales hit $85.9 billion in 2018, up 4% from a yr in the past (decrease than the expansion fee of 5% in 2017 on account of a slowdown in main client markets within the second half of 2018). Particularly, diamond jewellery gross sales in North America took an over 50% share of the whole gross sales, up 4% versus 2017.
China jewellery market measurement soared from RMB470 billion in 2013 to RMB721 billion in 2018, with the CAGR of 15%, rating third on the earth and subsequent to USA and Japan, making China be the one with essentially the most vigorously rising jewellery and jade business worldwide. It’s estimated that China jewellery market can be price at the least RMB900 billion in 2025.
Chinese language gold jewellery market started to recuperate within the second half of 2017 and witnessed good retail gross sales in 2018. The retail gross sales of gold & silver jewellery confirmed a CAGR of 10.3% between 2010 and 2018. The retail gross sales of gold jewellery in China climbed 7.5% in 2018, a rise of 1.Eight proportion factors from 2017.
Because of apparent client attribute of gold, gold consumption is anticipated to develop steadily. In 2018, the actual consumption of gold in China totaled 1,151.43 tons, up 5.73% yr on yr. Of which, gold jewellery and gold bar consumption reached 736.29 tons and 285.20 tons, up 5.71% and three.19% yr on yr, respectively. With the ever extra apparent client attribute of gold jewellery, gold jewellery consumption is weakly associated to gold value fluctuations. Anyhow, gold jewellery consumption will preserve regular progress amid consumption improve and stronger spending energy of residents in low-tier cities.
Diamond market enjoys a big growth area and client demand rises. In 2018, the whole import of completed diamond was $2.71 billion, up 7.6% from the earlier yr. Apart from, whole diamond transactions in 2018 posted $5.78 billion, up 8.2% on an annualized foundation. Demand for diamond jewellery in China stays sturdy, particularly the strong demand for wedding ceremony diamond. The diamond market will develop at a fee of 5% to 10% within the following 5 years. In comparison with diamond jewellery with a 48% share within the worldwide market, diamond takes a lower than 20% market share in China, indicating large room for growth.
Concentrating on high-end markets, world-renowned manufacturers represented by Cartier, Tiffany and Bvlgari open outlets mainly in first- and second-tier cities. Within the fierce medium- and high-end market, the influential manufacturers are Chow Tai Fook (Hong Kong), Chow Sang Sang (Hong Kong), and Lao Feng Xiang (Mainland), CHOW TAI SENG (Mainland), CHJ Jewelry (Mainland) and MINGR Jewellery (Mainland).
The business leaders with sturdy channel competence can be extra advantageous. Chow Tai Fook, Lao Feng Xiang, and CHOW TAI SENG, because the three giants, every added greater than 300 new shops in 2018, whereas small- and medium-sized friends are on the slide.
The report highlights the next:
- World jewellery consumption, uncooked materials market, well-known manufacturers;
- China jewellery business growth, gross sales mannequin, regional market sample, growth development;
- China jewellery manufacturing and processing, provide and demand, import and export, competitors sample;
- China gold, platinum and diamond jewellery provide and demand scenario;
- 5 Hong Kong and 12 Mainland jewellery distributors (operation, income construction, gross margin, and advertising community, and many others.)
Key Subjects Coated:
1.1 Definition and Classification
1.2 Business Chain
1.Three Business Traits
2 World Jewellery Market
2.1 Market Overview
2.2 Principal Uncooked Materials Markets
2.Four Principal Manufacturers
Three China Jewellery Business
3.1 Standing Quo
3.2 Improvement Potential
3.Three Influencing Components
3.3.1 Favorable Components
3.3.2 Hostile Components
Four China Jewellery Market
4.1 Manufacturing and Processing
4.1.1 Buy of Uncooked Supplies
4.1.2 Manufacturing Bases
4.2 Gross sales
4.2.1 Market Dimension
4.2.2 Consumption Construction
4.Three Import and Export
4.Four Competitors Sample
4.4.2 Market Share
4.4.Three Working Indices
5 China Jewellery Market Segments
5.1 Gold Jewellery
5.1.Four Worth Development
5.2 Platinum Jewellery
5.Three Diamond Jewellery
5.3.1 Provide and Demand
5.3.2 Import and Export
5.Four Pearl Jewellery
5.4.1 Provide and Demand
5.5 Jadeite Jewellery
5.6 Silver Jewellery
6 Regional Jewellery Markets in China
6.1 Regional Sample
6.2 Principal Areas
7 Jewellery Gross sales Modes and Channels in China
7.1 Gross sales Mode
7.1.2 Gross sales Mode of Key Gamers
7.2 Gross sales Channel
7.2.2 Retailer Gross sales
7.2.Three Community Gross sales
Eight Key Jewellery Enterprises in Hong Kong
8.1 Chow Tai Fook
8.1.Three Income Construction
8.1.Four Gross Margin
8.1.5 Gross sales Community
8.2 Chow Sang Sang
8.Four Tse Sui Luen
8.5 Emperor Watch & Jewellery
9 Key Jewellery Enterprises in Mainland China
9.1 Lao Feng Xiang
9.1.Three Income Construction
9.1.Four Gross Margin
9.1.5 Gross sales Community
9.2 Yuyuan Vacationer Mart
9.Three MINGR Jewellery
9.Four Japanese Gold Jade
9.5 Goldleaf Jewellery
9.6 CHJ Jewellry
9.10 CHOW TAI SENG
9.11 Beijing Kingee Tradition Improvement Co. Ltd
9.12 Japanese Gold Jade Co. Ltd.
9.13 Beijing Caishikou Division Retailer Co. Ltd.
10 Abstract and Forecast
For extra info about this report go to https://www.researchandmarkets.com/r/75gzo5
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