ReportsWeb- Jewelry Worldwide Market by Value, Category, Sales

Jewelry Worldwide Market by Value, Category, Sales Channel,
Analysis 2017 and Forecast to 2021
ReportsWeb.com published “Jewelry Market” from its database. The report covers the market
landscape and its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
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.
For more information about this report: http://www.reportsweb.com/us-jewelry-market-with-
focus-on-engagement-rings-industry-analysis-and-outlook-2017-2021
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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