Japan Jewellery Market Insights, Trends and Huge Business Opportunities 2020 to 2024

JAPAN JEWELLERY MARKET: SIZE, TRENDS AND FORECASTS (2020-2024)

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COMPANIES COVERED (SALES, PRICE, REVENUE, VOLUME, GROSS MARGIN AND MARKET SHARE)-
MIKIMOTO, Tasaki, AHKAH, NIWAKA, STARJEWERLY, 4℃ Jewelry, Agete, Vandome Aoyama, Ponte Vecchio, COCOSHNIK and others.

INDUSTRY NEWS:

10 Aug 2020: Mikimoto unveils the year’s masterpiece collection “HIGH JEWELRY 2020”
Mikimoto, the number one pearl jewellery brand from Japan, unveils the timeless wonder of nature, “pearls”. The king of precious stones and symbol of purity, pearls exude gentleness, delicateness and grace. Adorned with the luxurious brilliance of carefully selected and meticulously cut diamonds with high level craftsmanship, the collection is the pinnacle of Mikimoto’s unique aesthetic value that women around the world long for.

Revered globally for more than a century, Mikimoto carefully selects only 1% of the pearls that are the roundest and most lustrous of all to craft iconic pieces for the upcoming Autumn-Winter 2020. Mikimoto’s “HIGH JEWELRY 2020” features haute jewellery masterpieces that are created with various precious gemstones and boundless imagination for discerning pearl-loving women. The collection is now available at Mikimoto Boutique at Level M of Siam Paragon.

25 January 2019: Leading Japanese Pearl Jeweller Tasaki Launches In London

Few designers successfully cross the Rubicon between fashion and fine jewellery. Both are creative disciplines, concerned with the delicate task of heightening the allure of the human form, yet, while one is focused on the soft drape of a fabric across an entire body, the other grapples with shaping precious metals and gemstones on just one part, be it an ear, finger or collarbone.
New York-based fashion designer Prabal Gurung was unfazed by the challenge thrown down by Tasaki, one of Japan's leading pearl jewellers, to become its global creative director. "The design process and the inspiration are actually very similar," says the Nepalese designer, who has dressed everyone from Beyoncé to Michelle Obama. "It's about the woman, it's about storytelling, and it's about creating beauty."

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EXECUTIVE SUMMARY:

The jewellery market has been segmented on the basis of type, assortment, platform, branding, metals and gender. The two main types of jewellery are fine jewellery and costume jewellery. On the basis of assortment, the market has been divided into rings, neckwear, earrings etc. Jewellery market can also be segmented on the basis of branding into branded and unbranded jewellery. Various kinds of metals included in jewellery market are gold, silver, diamond, platinum, gems etc. On the basis of platform, the market has been divided into online and offline jewellery market.

The Japan jewellery market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2020-2024). The market is expected to be driven by various growth enhancing factors such as the growing number of online shoppers, growing female labor force, growing number of social network users, growing tourism industry etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are decreasing female population, declining marriages and cyber fraud.

WHAT ARE THE MARKET FACTORS THAT ARE EXPLAINED IN THE REPORT?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Japan and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Japan Jewellery Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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