Worldwide Gems and Jewellery Market by 2019 Analyzed in New Report

Global Gems and Jewellery Market 2015-2019 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 81 pages and provides 43 Exhibits; the report is published in Dec -2015.

The market research analyst predicts the global gems and jewelry market to reach a market value of around USD 292 billion by the end of 2019. The changing lifestyles and evolving consumer preferences have driven the growth of this market. Consumers are buying gold and diamond jewelry as gifts for marriages, birthdays, and anniversaries.

The growing organized retail format is also expected to contribute to the market growth during the forecast period. All the key vendors in markets such as the US, the UK, Japan, and Italy operate through their exclusive modern retail jewelry stores or specialty jewelry stores. This trend is also being witnessed in emerging markets such as India. For instance, Titan became the largest organized retailer for gems and jewelry during 2014 with a market share of 4% in India. It started its flagship brand store called 'Tanishq' in 1994 and within ten years of operation the retailer has created a significant footprint in the Indian market.

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Product segmentation and analysis of the gems and jewelry market

Gold jewelry

Diamond jewelry

Platinum jewelry

Others (silver, palladium, imitation jewelry, colored gems, precious stones)

The gold jewelry segment accounted for 43% of the market share during 2014. However, the report predicts this segment to witness a decline in shares during the forecast period. The increasing gold price index globally across different currencies is the primary reason for the decline of this segment.

Geographical segmentation and analysis of the global gems and jewelry market

APAC

Europe

North America

ROW

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