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Gems and Jewelry Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY  ANALYSIS, 2018­2025

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REPORT DESCRIPTION

Gems and Jewelry Market:Overview Gems  and  jewelry  consists  of  various  jewelries  that  are  made  out  of  gold,  platinum,  gemstones,  and  others.  Gems and jewelry is one of the fastest growing markets, as it holds customary values in several cultures across  the  globe.  Several  leading  companies  are  aiming  on  investing  in  the  marketing,  advertising, and launching of  new  showrooms  for  increasing  publicity  and  expanding  their  presence  in  the  market.  For  instance,  in  2017,  Kalyan  Jewelers  planned  to  invest  US$  75  million  to  add  15  new  showrooms  to  their  on­going  expansion  in  Eastern and Northern regions of India. The  major  drivers  of  this  market  include  growing  demand  for  crafted  premium  jewelry  and  precious  gems.  According to World Gold Council, the demand for gold jewelry has increased by around 3% in the final quarter  of 2017 from its third quarter. Furthermore, changing consumer preferences towards light weight handcrafted  jewelry is boosting growth of the market. For instance, The World Gold Council, in 2018, accounted that Chow  Tai  Fook  Enterprises  Ltd.,  a  major  retailer  in  China  sold  300,000  pieces  of  22  carat  gold  internationally.  However, increasing competition from local players and rising labor cost are factors restraining growth of the  market.  For  instance,  according  to  Coherent  Market  Insights, branded  jewelry  covers  only  around 20% of  the  global market, which will grow and cover over 30% of market share over the forecast period.

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REPORT DESCRIPTION

Gems and Jewelry Market:Outlook   ➢

Asia Pacific  dominated  the  global  gems  and  jewelry  market  in  2016  with  India  and  China  leading  the  market growth. According to the Gem and Jewelry Export Promotion Council, India’s exports of 75% of  the world’s polished diamonds rose from US$ 11.16 billion in 2004­05 to US$ 22.78 billion in 2016­17.  According to IBEF (India Brand Equity Foundation) 2018, gems and jewelry sector plays a significant role  in the Indian economy contributing up to 7 percent of the country’s GDP and 15.7 percent to India’s total  exports. North  America  witnessed  significant  growth  in  the  gems  and  jewelry  market  with  U.S.  dominating  the  market in the region. The growth is attributed by the higher income levels in the U.S., which translates  into higher demand for personal consumption of items such as diamond jewelry. The U.S also has one of  the highest gold allocations as a percentage of its foreign reserves. Middle East witnessed significant growth in the gems and jewelry market with GCC countries fueling the  market growth in this region. According to National Bank of Fujairah, UAE’s diamond financing industry  has grown by around 200% from US$ 500 million in 2010 to US$ 1.5 billion in 2017.

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REPORT DESCRIPTION

Gems and Jewelry Market:Segmentation   By Product Type Gold Jewelry Diamond Jewelry ➢ Platinum Jewelry ➢ Others By Distribution Channel ➢ ➢

➢ ➢ ➢

Specialty Stores Online Stores Others

To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/ongoing­insight/gems­and­jewelry­market­1392 

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REPORT DESCRIPTION

Gems and Jewelry Market:Key Players ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢

Chow Tai Fook (Holdings) Limited Compagnie Financière Richemont Jewelry Group Signet Jewelers Emperor Watch & Jewelery Ltd. Blue Nile Zale Titan Gitanjali Group Tiffany & Company others.

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Coherent Market  Insights  is  a  global  market  intelligence  and  consulting  organization  focused  on  assisting  its  plethora  of  clients  achieve  transformational  growth  by  helping  them make critical business decisions. We are headquartered in India, with an office at  the  global  financial  capital  in  the  U.S.  Our  client  base  includes  players  from  across  all  business  verticals in over  150 countries worldwide. We are uniquely positioned to help  businesses  around  the  globe  deliver  practical  and  lasting  results  through  various  recommendations  about  operational  improvements,  technologies,  emerging  market  trends  and  new  working  methods.  We  offer  both  customized  and  syndicated  market  research reports that help our clients create visionary growth plans to provide traction to  their business. We meticulously study emerging trends across various industries at both  the global and regional levels to identify new opportunities for our clientele.  SERVICES INDUSTRY ANALYSIS

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SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES


ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE Healthcare

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HEALTHCAR E IT

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Food Ingredients

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Speciality and Fine Chemicals Polymers & Resins

Green Chemicals


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Gems and Jewelry Market, by Product Type, and Distribution Channel  

Gems and Jewelry Market, by Product Type (Gold Jewelry, Diamond Jewelry, Platinum Jewelry, and Others), and by Distribution Channel (Special...

Gems and Jewelry Market, by Product Type, and Distribution Channel  

Gems and Jewelry Market, by Product Type (Gold Jewelry, Diamond Jewelry, Platinum Jewelry, and Others), and by Distribution Channel (Special...

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