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 - Industry Key Buyers Chapter
The industry is characterised by a low level of industry concentration. The top four players in the industry hold market share of well below 40.0%. The majority of operators are small sized business that trade either as non-employers or have less than 20 employees. Concentration is hindered by competing imports, which account for a significant share of domestic demand. Capital requirements and barriers to entry are medium, which may deter the entry of new operators. The industry's mature life cycle may also discourage players from gaining a share of the market.
Australian jewellery manufacturers continue to divert production processes offshore, while focussing local operations on distribution and marketing... purchase to read more