US Jewelry Market with Focus on Engagement Rings: Industry Analysis & Outlook (2017-2021) - Product Image

US Jewelry Market with Focus on Engagement Rings: Industry Analysis & Outlook (2017-2021)

  • ID: 4302731
  • Report
  • Region: Global, United States
  • 66 Pages
  • Koncept Analytics
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Rising Internet Penetration and Declining Unemployment to Drive US Jewelry Market

FEATURED COMPANIES

  • Blue Nile
  • Signet Jewelers Ltd.
  • Tiffany & Co.
  • MORE

Jewelry is one of the most valuable segments in trade and commerce industry. The sector sways between inexpensive jewelry pieces for daily wear, to special items like engagement rings and watches meant for celebrating special events, to investment pieces priced and sold similar to antique pieces and fine art. Inspired by the growing economy and rising personal income, the US jewelry market has witnessed an impressive growth thus, expanding the boundaries of its existing realm.

Jewelry market’s retail as well as online segment both are fiercely competitive and are highly fragmented. Considering several elements utilized in jewelry industry, gold has always dominated the industry on account of its vivid physical and chemical properties like luster and ease of fabrication. Apart from gold, other chief metals employed in the jewelry industry include diamond, platinum, silver, titanium, and palladium among others.

The key factors which are anticipated to drive US jewelry market include economic growth, increasing urbanization and rise of middle class population, increasing employment in the US, rising internet penetration and increase in working women population. Some of the significant developments of this industry include growing popularity of omni-channels, changing consumer preferences, and increasing women self-purchase practice. However, the challenges faced ahead by the US industry include lack of expert advice and real product examination, threat from synthetic diamond, cybercrime and fraud and rising mining cost.

This report offers a comprehensive analysis of the US jewelry market. Furthermore, market dynamics including key trends and development; and challenges are analyzed in depth. On the contention front, the market is reined by few major players namely LVMH, Signet, Tiffany & Co., and Blue Nile. The competitive landscape of the respective market, along with the company profiles of the leading players are also discussed in detail.

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FEATURED COMPANIES

  • Blue Nile
  • Signet Jewelers Ltd.
  • Tiffany & Co.
  • MORE

1. Overview
1.1 Introduction
1.2 Jewelry Supply Chain
1.3 Jewelry Market by Category
1.4 Jewelry Type by Quality and Value
1.5 Diamond Engagement Ring

2. Global Jewelry Market
2.1 Diamond Jewelry
2.1.1 Global Diamond Jewelry Market by Value
2.1.2 Global Diamond Jewelry Market Forecast by Value
2.1.3 Global Diamond Jewelry Market by Region
2.2 Gold Jewelry
2.2.1 Global Gold Jewelry Demand by Volume
2.2.2 Global Gold Jewelry Demand Forecast by Volume
2.2.3 Global Gold Jewelry Demand by Region

3. The US Jewelry Market
3.1 The US Jewelry Market by Value
3.2 The US Jewelry Market Forecast by Value
3.3 The US Jewelry Stores by Volume
3.4 The US Diamond Jewelry Market by Value
3.5 The US Diamond Jewelry Market Forecast by Value
3.6 The US Diamond Jewelry Market by Type
3.6.1 The US Diamond Engagement Ring Market by Value
3.6.2 The US Diamond Engagement Ring Market Forecast by Value
3.6.3 The US Diamond Engagement Ring Average Retail Price
3.6.4 The US Diamond Engagement Ring Average Retail Price Forecast
3.6.5 The US Diamond Engagement Ring Market by Sales Channel

4. Market Dynamics
4.1 Growth Drivers
4.1.1 Economic Growth
4.1.2 Rising Urban Population
4.1.3 Rising Internet Penetration
4.1.4 Declining Unemployment Rate
4.2 Major Trends & Development
4.2.1 Omni Channels Gaining Popularity
4.2.2 Changing Consumer Preferences
4.2.3 Increasing Women Self-Purchase Practice
4.3 Challenges
4.3.1 Lack of Expert Advice and Real Product Examination
4.3.2 Threat of Synthetic Diamond
4.3.3 Cybercrime and Fraud
4.3.4 Swelling Cost of Mining

5. Competitive Landscape
5.1 Global Jewelry Market
5.2 The US Online Diamond Engagement Ring Market by Players
5.3 The US Specialty Jewelry Store Chain Comparison
5.4 The US Jewelry Market Share by Store Type

6. Company Profiles
6.1 LVMH Moët Hennessy Louis Vuitton SE
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2 Signet Jewelers Ltd.
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies
6.3 Tiffany & Co.
6.3.1 Business Overview
6.3.2 Financial Overview
6.3.3 Business Strategies
6.4 Blue Nile
6.4.1 Business Overview
6.4.2 Financial Overview
6.4.3 Business Strategies

List of Charts

  • Gem & Jewelry Industry Supply Chain
  • Global Jewelry Market by Category
  • Jewelry Types by Quality
  • Global Diamond Jewelry Market by Value (2012-2016)
  • Global Diamond Jewelry Market Forecast by Value (2017-2021)
  • Global Diamond Jewelry Market by Region (2016)
  • Global Gold Jewelry Demand by Volume (2012-2016)
  • Global Gold Jewelry Demand Forecast by Volume (2017-2021)
  • Global Gold Jewelry Demand by Region (2016)
  • The US Jewelry Market by Value (2012-2016)
  • The US Jewelry Market Forecast by Value (2017-2021)
  • The US Jewelry Stores by Volume (2012-2016)
  • The US Diamond Jewelry Market by Value (2012-2016)
  • The US Diamond Jewelry Market Forecast by Value (2017-2021)
  • The US Diamond Jewelry Market by Type (2016)
  • The US Diamond Engagement Ring Market by Value (2012-2016)
  • The US Diamond Engagement Ring Market Forecast by Value (2017-2021)
  • The US Diamond Engagement Ring Average Retail Price (2012-2016)
  • The US Diamond Engagement Ring Average Retail Price Forecast (2017-2021)
  • The US Diamond Engagement Ring Market by Sales Channel (2016)
  • GDP Growth in the US (2012-2016)
  • The US Urban Population (2012-2016)
  • The US Internet Users by Volume (2012-2016)
  • The US Unemployment Rate (2012-2016)
  • Branded Specialty Stores Vs. Local Stores (2016)
  • LVMH’s Revenue Share by Business Segment (2016)
  • LVMH’s Revenue and Net Income (2012-2016)
  • LMVH Advertising and Promotion Expenses (2014-2016)
  • Signet Sales by Business Segment (2016)
  • Signet Jewelers Ltd. Sales and Operating Income (2012-2016)
  • Tiffany & Co. Net Sales by Geographical Segment (2016)
  • Tiffany & Co. Net Sales and Net Earnings (2012-2016)
  • Blue Nile’s Net Sales and Net Income (2012-2016*)

List of Tables

  • Key Jewelry Companies-Revenue & Market Cap Comparison (2016)
  • The US Online Diamond Engagement Ring Market Competitive Overview (2016)
  • List of Specialty Jewelry Chains with over 25 stores (2016)
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FEATURED COMPANIES

  • Blue Nile
  • Signet Jewelers Ltd.
  • Tiffany & Co.
  • MORE

Jewelry is one of the most valuable segments in trade and commerce industry. Jewelry consists of small decorative items worn for personal adornment, such as brooches, rings, necklaces, earrings, and bracelets. Jewelry may be attached to the body or the clothes, and the term is restricted to durable ornaments, excluding flowers. For many centuries metal, often combined with gemstones, has been the normal material for jewelry, but other materials such as shells and other plant materials may be used.

Inspired by the growing economy and rising personal income, the US jewelry market has witnessed an impressive growth thus, expanding the boundaries of its existing realm. Jewelry market’s retail as well as online segment both are fiercely competitive and are highly fragmented. Considering several elements utilized in jewelry industry, gold has always dominated the industry on account of its vivid physical and chemical properties like luster and ease of fabrication. Apart from gold, other chief metals employed in the jewelry industry include diamond, platinum, silver, titanium, and palladium among others.

Online shopping has become very popular today and many ecommerce sites have come up with thousands of options in every section. Since people can find many varieties on the sites and it becomes more comfortable as people can surf from home and the product will be delivered at home which saves both time and effort of searching at the stores, online shopping is quite a hit these days and is expected to rise more in the coming years because of consistent increase in the number of online users.

Employment rate is a key driver of jewelry demand because employment leads to a better quality of living which increases the demand for jewelry. A better employed person is more capable of buying jewelry which is an expensive material and cannot be purchased on daily basis in comparison to an unemployed person.

This report offers a comprehensive analysis of the US jewelry market. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in depth. On the contention front, the market is reined by few major players namely LVMH, Signet, Tiffany & Co., and Blue Nile. The competitive landscape of the respective market, along with the company profiles of the leading players are also discussed in detail.

Note: Product cover images may vary from those shown
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  • Blue Nile
  • LVMH Moët Hennessy Louis Vuitton SE
  • Signet Jewelers Ltd.
  • Tiffany & Co.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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