Market Research Report
Jewelry and Watches Retail Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025
|Jewelry and Watches Retail Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025|
Published: November 19, 2021
Content info: 341 Pages
Delivery time: 1-2 business days
Global Jewelry & Watches industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The Jewelry, Watches and Accessories market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds and rubies), pearls (natural and cultured) and semi-precious stones (e.g. quartz, opal, topaz, amethyst, coral etc.), fashion jewelry (non-precious jewelry), hair accessories, belts, hats, gloves, scarves, sunglasses and ties, plus watches. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
The global jewelry & watches market had total revenues of $450.1bn in 2020, representing a compound annual rate of change (CARC) of -1.4% between 2016 and 2020.
The jewelry & watches segment was the market's most valuable in 2020, with total revenues of $312.3bn, equivalent to 69.4% of the market's overall value.
National lockdowns, social distancing policies and travel restrictions caused revenues from jewelry and watch retail stores to decline 19.4% Y-o-Y in 2020.