Press release
Gems and Jewelry Market to see Huge Growth by 2025 | Chow Tai Fook Jewellery Group, The Swatch Group, Tiffany & Co.
HTF MI added a new research study in its database with title 'Global Gems and Jewelry Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' that includes detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions and important players/vendors such as Chow Tai Fook Jewellery Group Limited (Hong Kong), The Swatch Group AG (Switzerland), Tiffany & Co. (United States), Shanghai Yuyuan Tourist Mart Co Ltd (China), Cie Financiere Richemont SA (Switzerland), Jewelry group (United States), Signet Jewelers Ltd. (Bermuda), Emperor Watch & Jewellery Co Ltd (Hong Kong), Blue Nile, Inc. (United States) and zale titan (India). The report will help user gain market insights, future trends and growth prospects for forecast period of 2019-2025.Request a sample report @ https://www.htfmarketreport.com/sample-report/2215863-global-gems-and-jewelry-market-1
Summary
Global Gems and Jewelry Market Overview:
Gems and Jewelry mainly consist of numerous pieces of jewelry which are made up of platinum, gold, gemstone, among others. In the last few years, the demand for gems and jewelry has been increased. For instance, according to an article published by the World Gold Council, the demand for gold jewelry has increased by more than 3% in the final quarter of 2017 from its thirds quarters. Hence, the rising demand for gold jewelry and changing lifestyle will affect the growth of the market in the future. Some of the key players profiled in the study are Chow Tai Fook Jewellery Group Limited (Hong Kong), The Swatch Group AG (Switzerland), Tiffany & Co. (United States), Shanghai Yuyuan Tourist Mart Co Ltd (China), Cie Financiere Richemont SA (Switzerland), Jewelry group (United States), Signet Jewelers Ltd. (Bermuda), Emperor Watch & Jewellery Co Ltd (Hong Kong), Blue Nile, Inc. (United States) and zale titan (India).
On the basis of geography, the market of Gems and Jewelry has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia-Pacific region held largest market share in the year 2018. If we see Market by Distribution Channel, the sub-segment i.e. Offline Retail Stores will boost the Gems and Jewelry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
Increasing Demand for Men Costume Jewelry as well as Availability of Wide Variety of Designs in Costume Jewelry
Increase in Living Standards, and Growing Fashion Consciousness Globally
Costume Jewelry is high in Demand among Corporate People, Working Women, Teenagers, and Working Population
Market Trend
Advancements in online marketing trends and increase in the use of digital media for product marketing
Growing Online sales have evolved as a key source of revenue for many companies such as
Restraints
The problem regarding High Prices of Gems and Jewelry products
Opportunities
Rising Demand from Emerging Economic such as China, India, Brazil, among others
Increase in adoption of technologically advanced techniques and colorful stones for artificial jewelry
Challenges
Issue Related to High Cost of Raw material for Manufacturing Gems and Jewelry Products
Problem related to Lack of Acceptance in Low and Middle Income Group People
Major Market Developments:
The launch of new products is further fueling the growth of the gems and jewelry market in the future. For instance, in 2017, the Kalyan Jewelers Company has planned to invest more than USD 75 million in order to add 15 new showrooms to the ongoing expansion in eastern and northern regions of India. Hence, it will affect the growth of the market in the future.
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global gems and Jewelry market can witness an upsurge in the forecast period.
Target Audience:
Gems and Jewelry Manufacturers, Cooling Tower Traders, Distributors, and Suppliers, Raw Material Suppliers, Government and Research Organizations and Industrial & Commercial Power Equipment Agencies
Major Objectives Focused through this Study
• To define, describe, and forecast the Global Gems and Jewelry market on the basis of product [Rings, Necklaces, Earrings, Bracelets, Chains, Pendants and Other] , application [Collections, Wedding, Festive Blessing, Fashion and Others], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Gems and Jewelry market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
• To strategically profile the key players and analyzing their market shares and core competencies in the Gems and Jewelry industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Gitanjali Group (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Gems and Jewelry market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.
Get customization & check discount for report @ https://www.htfmarketreport.com/request-discount/2215863-global-gems-and-jewelry-market-1
Strategic Points Covered in Table of Content of Global Gems and Jewelry Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Gems and Jewelry Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basi
....Continued
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2215863-global-gems-and-jewelry-market-1
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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