Product Type: Market Research Report
Published by: Koncept Analytics
Published: June 2009
Product Code: R3494-216Description The past decade witnessed the global gem and jewelry industry undergoing some significant changes and registering strong growth, on account of increasing income as well as demand from the emerging economies across the world. Among the various types of jewelry, plain diamond jewelry accounts for the largest share of the global jewelry market, followed by plain gold jewelry. Diamond, gold and platinum are the three main product segments, which collectively account for approximately 95% of the global retail jewelry sales in value terms.
Diamonds, as the major natural resource in the world, are used in both jewelry and industrial applications. There has been a significant growth in the demand for diamond-studded jewelry due to the improving economy in the key diamond jewelry consuming countries and the vigorous marketing efforts of diamond companies. The major changes witnessed by the diamond industry in the recent years include rising demand for synthetic diamonds, as well as significant developments in the entire value chain process like consolidation, re-structuring of diamond processing, local benefaction, among others.
Traditionally, gold has held the leading position in most of the jewelry markets worldwide because of the value and tradability factor associated with it. Though the total consumption of plain gold jewelry decreased in volume terms, the overall sales of gold recorded gain in value terms. In the meantime, the demand for platinum jewelry has also increased in the recent past, not only in the developed markets of the US and Europe, but also in the emerging markets like China and India, due to the ‘elite’ tag and ‘high-end’ value attached to the metal.
A geographic segmentation shows the US as the largest consumer for gems and jewelry, followed by China/ India, the Middle East and Japan. In the European region, the UK and Italy are the largest consumers, with the former also being one of the world’s largest jewelry fabrication centers. The emerging markets, like China, India that are traditional jewelry centers of consumption, are showing signs of becoming the largest consumption markets by 2015, for both traditional as well as branded jewelry. The growth in the demand for gems and jewelry is attributed to the burgeoning middle and rich-class as well as the improving living standards. Nevertheless, the industry continues to face problems due to competition from other luxury goods, as well as socio-ethical issues.
On the whole, the report analyzes the trends and challenges of the gem and jewelry and also outlines the opportunities driving the present as well as future industry growth. The report focuses on the retail jewelry sales, trends, jewelry segments future potential of the four large consumers of jewelry - the US, China, India and the UK. It also discusses the sales, demand, outlook of the three major segments of the jewelry industry, i.e. platinum, gold and diamond. Further, the report analyzes the major gems and jewelry companies (retail) - Gitanjali Gems Limited, Signet Jewelers Limited and Tsutsumi.Table of Contents - 1. Global Gems & Jewelry Market
- 1.1 Introduction to Gems & Jewellery
- 1.2 Supply Chain Analysis - Gem & Jewelry Market
- 1.3 Market Overview
- 2. Gem & Jewelry Industry: Product Segmentation
- 2.1 Diamonds
- 2.1.1 Demand & Supply
- 2.1.2 Outlook
- 2.2 Gold
- 2.2.1 Global Gold Demand
- 2.2.2 Outlook
- 2.3 Platinum
- 2.3.1 Platinum Demand
- 2.3.2 Outlook
- 3. Global Gem & Jewelry Market: Geographical Segmentation
- 3.1 The US Gem & Jewelry Market
- 3.2 The UK Gem & Jewelry Market
- 4. Market Trends
- 4.1 E-Retailing
- 4.2 Changing Consumer Preference
- 4.3 Decrease in Dominance of Centralized Distribution
- 4.4 Emergence of New Jewelry Fabrication Centers
- 4.5 Jewelry - Part of Women’s Fashion Statement
- 4.6 Celebrities, Fashion and Media - Setting the trends
- 5. Market Opportunities
- 5.1 Increasing Demand for Palladium
- 5.2 Rising Consumerism in Emerging Economies
- 5.2.1 Indian Gem & Jewelry Market
- 5.2.2 Gem & Jewelry Market of China
- 6. Market Challenges
- 6.1 Luxury Goods as Competition
- 6.1.1 Emerging Markets - Consumers of Luxury Goods
- 6.1.2 Technology
- 6.1.3 Fine Art
- 6.1.4 Automobile
- 6.2 Other Lifestyle Goods and Services
- 7. Company Profiles
- 7.1 Gitanjali Gems Limited
- 7.1.1 Company Overview
- 7.1.2 Business Strategies
- 7.2 Signet Jewelers Limited
- 7.2.1 Company Overview
- 7.2.2 Business Strategies
- 7.3 Tsutsumi
- 7.3.1 Company Overview
- 7.3.2 Business Strategies
- 8. Industry Outlook
- 8.1 Market Forecast
- 8.2 Forecast Methodology
- 8.2.1 Dependent and Independent Variables
- 8.2.2 Correlation Analysis
- 8.2.3 Regression Analysis
- List of Figures
- Figure 1.1 Gem & Jewelry Industry Supply Chain
- Figure 1.2 Global Jewelry Sales: (2000 - 2008E)
- Figure 2.1 World Rough Diamond Production Volume: (2000 - 2008E)
- Figure 2.2 World Rough Diamond Production Value: (2000 - 2008E)
- Figure 2.3 Market Share of Major Diamond Producing Nations - Volume (2007)
- Figure 2.4 Market Share of Major Diamond Producing Nations - Value (2007)
- Figure 2.5 Worldwide Diamond Jewelry Sales: (2000 - 2008E)
- Figure 2.6 Value of Diamonds in Jewelry (2007)
- Figure 2.7 Growth Forecast of Global Diamond Jewelry Sales
- Figure 2.8 Share of Diamond Processing Centers, by Value
- Figure 2.9 Diamond Supply by Countries: (2010E - 2015E)
- Figure 2.10 World’s Total Supply of Gold: (2001 - 2008)
- Figure 2.11 Global Gold Supply by Source: 2008
- Figure 2.12 Global Supply of Gold (Mines): 2000 - 2008E
- Figure 2.13 Global Gold Demand Usage: 2008E
- Figure 2.14 Global Plain Gold Jewelry Retail Sales: 2000 - 2008
- Figure 2.15 Global Gold Demand by Region: 2008E
- Figure 2.16 Projected Growth in Global Plain Gold Jewelry Sales
- Figure 2.17 Platinum Supply by Country: 2008
- Figure 2.18 Global Demand for Platinum: 2000 - 2008
- Figure 2.19 Global Demand of Platinum by Application: (2001 - 2004 - 2008)
- Figure 2.20 Global Plain Platinum Jewelry Sales: 2000 - 2008
- Figure 2.21 Projected Growth in Global Plain Platinum Jewelry Sales: (2005A - 2010E - 2015E)
- Figure 3.1 Global Jewelry Consumption: Geographical Share (2005 & 2015)
- Figure 3.2 Global Jewelry Consumption: Geographical Share (2015F)
- Figure 3.3 Retail Sale of Jewelry in the US (2000 - 2008E)
- Figure 3.4 US Jewelry Market Sales Mix: 2007
- Figure 3.5 Survey Estimates of Jewelry Purchases in the US Around the Year
- Figure 3.6 Projected US Jewelry Sales: (2005A - 2010E - 2015E)
- Figure 3.7 Retail Sale of Jewelry in the UK (2000 - 2008)
- Figure 3.8 Projected UK Jewelry Sales: (2005A - 2010E - 2015E)
- Figure 5.1 Global Demand for Palladium: 2000 - 2008
- Figure 5.2 Palladium Demand: Regional segmentation: 2008
- Figure 5.3 Share of Global Jewelry Sales: 2005
- Figure 5.4 Share of Global Jewelry Sales: 2015E
- Figure 5.5 Retail Sales of Jewelry in India (2000 - 2008)
- Figure 5.6 Indian Jewelry Market: Segment Mix (2005 & 2015E)
- Figure 5.7 Indian Jewelry Market: Segment Mix (2015E)
- Figure 5.8 Indian Jewelry Sector: Organized Vs. Un-organized (2005)
- Figure 5.9 Projected India Jewelry Sales: (2005A - 2010E - 2015E)
- Figure 5.10 Retail Sales of Jewelry in China (2000 - 2008)
- Figure 5.11 Projected China Jewelry Sales: (2005A - 2010E - 2015E)
- Figure 6.1 Global Sales of Mobile Phones: (2001 - 2009F)
- Figure 6.2 Share of Global Fine Art Auction Sales: Geographical Segmentation (2008)
- Figure 7.1 Gitanjali Gems: Revenue Growth (2005 - 2008)
- Figure 7.2 Signet Jewelers: Revenue Growth (2004 - 2008)
- Figure 7.3 Tsutsumi: Revenue Growth (2004 - 2008)
- Figure 8.1 Projected Global Jewelry Sales: (2008A - 2012F)
- List of tables
- Table 2.1 Platinum Demand: Jewelry (‘000 oz)
- Table 5.1 Palladium Demand: Jewelry (‘000 oz)
- Table 5.2 Changing Trends in the Indian Retail Market for Jewellery
- Table 8.1 Dependent & Independent Variables (2000 - 2008)
- Table 8.2 Correlation Matrix
- Table 8.3 Model Summary - Coefficient of Determination
- Table 8.4 Regression Coefficients Output
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