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Jewelry, Watches, and Accessories Retail in Indonesia

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    Report

  • 35 Pages
  • October 2025
  • Region: Indonesia
  • MarketLine
  • ID: 6214217
Jewelry, Watches, and Accessories Retail in Indonesia industry profile provides top-line qualitative and quantitative summary information including: 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 Indonesian jewelry, watches, and accessories retail market recorded revenues of $6.5 billion in 2024, representing a negative compound annual growth rate (CAGR) of 3.3% between 2019 and 2024.
  • The jewelry & watches segment accounted for the market's largest proportion in 2024, with total revenues of $4.8 billion, equivalent to 73.7% of the market's overall value.
  • In 2024, Indonesia accounted for a 1.9% 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, major segments, and leading players in the jewelry, watches, and accessories retail market in Indonesia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry, watches, and accessories retail market in Indonesia
  • 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 Indonesia jewelry, watches, and accessories retail market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Indonesia jewelry, watches, and accessories retail market by value in 2024?
  • What will be the size of the Indonesia jewelry, watches, and accessories retail market in 2029?
  • What factors are affecting the strength of competition in the Indonesia jewelry, watches, and accessories retail market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Indonesia'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 strategies do leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. PT Central Mega Kencana
8.2. Frank & Co
8.3. Tiffany & Co
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: Indonesia jewelry, watches, and accessories retail market value: $ million, 2019-24
Table 2: Indonesia jewelry, watches, and accessories retail market category segmentation: % share, by value, 2019-24
Table 3: Indonesia jewelry, watches, and accessories retail market category segmentation: $ million, 2019-24
Table 4: Indonesia jewelry, watches, and accessories retail market geography segmentation: $ million, 2024
Table 5: Indonesia jewelry, watches, and accessories retail market distribution: % share, by value, 2024
Table 6: Indonesia jewelry, watches, and accessories retail market value forecast: $ million, 2024-29
Table 7: PT Central Mega Kencana: Key Facts
Table 8: Frank & Co: Key Facts
Table 9: Tiffany & Co: Key Facts
Table 10: Tiffany & Co: Key Employees
Table 11: Indonesia Size of Population (Million), 2020-24
Table 12: Indonesia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 13: Indonesia GDP (Current Prices, $ Billion), 2020-24
Table 14: Indonesia Inflation, 2020-24
Table 15: Indonesia Consumer Price Index (Absolute), 2020-24
Table 16: Indonesia Exchange Rate, 2019-24
List of Figures
Figure 1: Indonesia jewelry, watches, and accessories retail market value: $ million, 2019-24
Figure 2: Indonesia jewelry, watches, and accessories retail market category segmentation: $ million, 2019-24
Figure 3: Indonesia jewelry, watches, and accessories retail market geography segmentation: % share, by value, 2024
Figure 4: Indonesia jewelry, watches, and accessories retail market distribution: % share, by value, 2024
Figure 5: Indonesia 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 Indonesia, 2024
Figure 7: Drivers of buyer power in the jewelry, watches, and accessories retail market in Indonesia, 2024
Figure 8: Drivers of supplier power in the jewelry, watches, and accessories retail market in Indonesia, 2024
Figure 9: Factors influencing the likelihood of new entrants in the jewelry, watches, and accessories retail market in Indonesia, 2024
Figure 10: Factors influencing the threat of substitutes in the jewelry, watches, and accessories retail market in Indonesia, 2024
Figure 11: Drivers of degree of rivalry in the jewelry, watches, and accessories retail market in Indonesia, 2024

Companies Mentioned (Partial List)

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

  • PT Central Mega Kencana
  • Frank & Co
  • Tiffany & Co