Despite recent gains, the Jewelry and Watch Wholesaling industry has fought through declining downstream demand, weakening per capita disposable income and the skyrocketing price of gold during the five years to 2014. However, revenue volatility in the industry is expected to decline significantly over the five years to 2019. Improving economic conditions are anticipated to boost spending on high-end watches, which is projected to aid in revenue growth. Nevertheless, the revenue generated from the jewelry segment of the industry is forecast to stagnate due to saturated demand and an anticipated drop in the price of various precious metals including platinum. Additionally, while the price of gold is expected to remain on a positive trajectory, it is projected to grow at a much slower rate.
Operators in this industry wholesale fine jewelry, costume jewelry, watches, clocks, precious metals and metal flatware, precious and semiprecious stones, silverware and jewelers' findings. This industry does not include the wholesale of precious metal ores or flatware made of nonprecious metal.
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.