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Jewelry, Watches, and Accessories Retail in Singapore

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    Report

  • 41 Pages
  • October 2025
  • Region: Singapore
  • MarketLine
  • ID: 6214210
Jewelry, Watches, and Accessories Retail in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Jewelry, watches and accessories retail market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds, and rubies), pearls (natural and cultured), semi-precious stones (e.g. quartz, opal, topaz, amethyst, coral etc.), precious charms, brooches, cufflinks, body jewelry, precious hair accessories/headwear (tiaras) and fine watches. Market value represents retail sales.
  • The Singaporean jewelry, watches and accessories retail market recorded revenues of $5.4 billion in 2024, representing a compound annual growth rate (CAGR) of 4% between 2019 and 2024.
  • The jewelry & watches segment accounted for the market's largest proportion in 2024, with total revenues of $4.5 billion, equivalent to 82.3% of the market's overall value.
  • In 2024, Singapore accounted for a 1.6% share of the Asia-Pacific jewelry, watches, and accessories retail market.

Report Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the jewelry, watches, and accessories retail market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry, watches, and accessories retail market in Singapore
  • Leading company profiles reveal details of key jewelry, watches, and accessories retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore jewelry, watches, and accessories retail market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Singapore jewelry, watches, and accessories retail market by value in 2024?
  • What will be the size of the Singapore jewelry, watches, and accessories retail market in 2029?
  • What factors are affecting the strength of competition in the Singapore jewelry, watches, and accessories retail market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Singapore's jewelry, watches, and accessories retail market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the recent trends in the market in Singapore?
8 Company Profiles
8.1. Poh Heng Jewellery Pte Ltd
8.2. SK Jewellery Group Ltd
8.3. LVMH Moet Hennessy Louis Vuitton SE
8.4. Compagnie Financiere Richemont SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Singapore jewelry, watches, and accessories retail market value: $ million, 2019-24
Table 2: Singapore jewelry, watches, and accessories retail market category segmentation: % share, by value, 2019-24
Table 3: Singapore jewelry, watches, and accessories retail market category segmentation: $ million, 2019-24
Table 4: Singapore jewelry, watches, and accessories retail market geography segmentation: $ million, 2024
Table 5: Singapore jewelry, watches, and accessories retail market distribution: % share, by value, 2024
Table 6: Singapore jewelry, watches, and accessories retail market value forecast: $ million, 2024-29
Table 7: Poh Heng Jewellery Pte Ltd: Key Facts
Table 8: SK Jewellery Group Ltd: Key Facts
Table 9: SK Jewellery Group Ltd: Key Employees
Table 10: LVMH Moet Hennessy Louis Vuitton SE: Key Facts
Table 11: LVMH Moet Hennessy Louis Vuitton SE: Annual Financial Ratios
Table 12: LVMH Moet Hennessy Louis Vuitton SE: Key Employees
Table 13: LVMH Moet Hennessy Louis Vuitton SE: Key Employees Continued
Table 14: Compagnie Financiere Richemont SA: Key Facts
Table 15: Compagnie Financiere Richemont SA: Annual Financial Ratios
Table 16: Compagnie Financiere Richemont SA: Key Employees
Table 17: Singapore Size of Population (Million), 2020-24
Table 18: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 19: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 20: Singapore Inflation, 2020-24
Table 21: Singapore Consumer Price Index (Absolute), 2020-24
Table 22: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore jewelry, watches, and accessories retail market value: $ million, 2019-24
Figure 2: Singapore jewelry, watches, and accessories retail market category segmentation: $ million, 2019-24
Figure 3: Singapore jewelry, watches, and accessories retail market geography segmentation: % share, by value, 2024
Figure 4: Singapore jewelry, watches, and accessories retail market distribution: % share, by value, 2024
Figure 5: Singapore jewelry, watches, and accessories retail market value forecast: $ million, 2024-29
Figure 6: Forces driving competition in the jewelry, watches, and accessories retail market in Singapore, 2024
Figure 7: Drivers of buyer power in the jewelry, watches, and accessories retail market in Singapore, 2024
Figure 8: Drivers of supplier power in the jewelry, watches, and accessories retail market in Singapore, 2024
Figure 9: Factors influencing the likelihood of new entrants in the jewelry, watches, and accessories retail market in Singapore, 2024
Figure 10: Factors influencing the threat of substitutes in the jewelry, watches, and accessories retail market in Singapore, 2024
Figure 11: Drivers of degree of rivalry in the jewelry, watches, and accessories retail market in Singapore, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Poh Heng Jewellery Pte Ltd
  • SK Jewellery Group Ltd
  • LVMH Moet Hennessy Louis Vuitton SE
  • Compagnie Financiere Richemont SA