Industry Analysis & Industry Trends
Revenue across the Jewellery Manufacturing industry has trended upwards over the past five years, at an annualised 5.5%. However, this annualised growth masks significant annual fluctuations in performance as a result of volatility in metal prices and export volumes. During this period, trends in industry performance have also stemmed from fluctuations in real household discretionary income, demand for jewellery across the retail trade market and variations in the value of the Australian dollar. Industry revenue is expected to rise by 2.0% to $2.3 billion in 2015-16.
Despite the solid annualised rise in revenue, industry operators have faced a challenging market over the past five years... purchase to read more
Industry Report - Starting a New Business Chapter
The industry is subject to medium barriers to entry and the trend is steady. New operators may be discouraged from entering the industry due to its medium competition and capital intensity and mature life cycle. The competition position of operators is driven by variations in price, product range and quality and brand reputation. New operators are required to invest in machinery and equipment that is used in the production of jewellery along with other products and services such as diamond cutting, coin minting and badge and medal manufacturing. Furthermore, the industry mature life cycle, provide little incentive for new operators to enter and gain a share of the market... purchase to read more