Operators in the Jewellery and Watch Stores industry sell jewellery items, watches, clocks, silverware and gift items across varying price points. The performance of the industry is relatively dependent on the state of the overall economy. Jewellery and watches are considered to be discretionary items and demand is reliant on the level of disposable income and consumer spending. In subdued economic conditions, consumers generally reduce the frequency and value of spending on products sold by the industry.
The companies that participate in this industry specialise in selling jewellery and watches to the general public through speciality stores and retail outlets. They also sell clocks, silverware and other gift items. Jewellery sold through department stores and other non-specialist stores is not included in the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.