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.
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Jewelry market’s retail as well as online segment both are
fiercely competitive and are highly fragmented. Considering the 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 platinum, silver, titanium, and palladium among others.
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The key factors which are anticipated to drive US jewelry
market include economic growth, increasing urbanization and rise of middle
class, increasing employment in the US, rising internet penetration and
increase in working women population. Some of the significant developments of
this industry include usage of diamond rings in marriages, increase in online
shopping, emerging market for men’s jewelry and rising preference for
innovative and branded jewelry. However, the challenge to be faced ahead is
bankruptcies and mergers, volatile commodity pricing, less emphasis on holiday
season and cybercrime and fraud.
This report offers a comprehensive analysis of the US
jewelry market. Furthermore, market dynamics such as key trends and
development; and challenges are analyzed in depth. On the contention front, the
market is reined by few major players namely Signet, Tiffany & Co., Blue
Nile and LVMH. The competitive landscape of the respective market, along with
the company profiles of the leading players are also discussed in detail.
By combining SPSS Inc.’s data integration and analysis
capabilities with our relevant findings, we have predicted the future growth of
the industry. We employed various significant variables that have an impact on
this industry and created regression models with SPSS Base to determine the
future direction of the industry. Before deploying the regression model, the
relationship between several independent or predictor variables and the
dependent variable was analyzed using standard SPSS output, including charts,
tables and tests.
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Some points from TOC:
1 The US Jewelry Market: An Introduction
1.1 Jewelry Market Supply Chain
1.2 Jewelry Market Segmentation
1.2.1 On the Basis of Category
1.2.2 On the Basis of Distribution Channels
1.2.3 On the Basis of Quality and Value
1.1 Jewelry Market Supply Chain
1.2 Jewelry Market Segmentation
1.2.1 On the Basis of Category
1.2.2 On the Basis of Distribution Channels
1.2.3 On the Basis of Quality and Value
2. Global Jewelry Market
2.1 Global Gold Jewelry Market
2.1.1 Global Gold Jewelry Demand by Value
2.1.2 Global Gold Jewelry Demand by Volume
2.1.3 Gold Jewelry Demand by Region
2.2 Global Diamond Market
2.2.1 Global Diamond Production by Volume
2.2.2 Diamond Penetration Rate by Region
2.2.3 Expected Diamond Mines Closure
2.1 Global Gold Jewelry Market
2.1.1 Global Gold Jewelry Demand by Value
2.1.2 Global Gold Jewelry Demand by Volume
2.1.3 Gold Jewelry Demand by Region
2.2 Global Diamond Market
2.2.1 Global Diamond Production by Volume
2.2.2 Diamond Penetration Rate by Region
2.2.3 Expected Diamond Mines Closure
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