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Jewellery Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Jewellery Manufacturing Market Research Report | ANZSIC C2591 | Jun 2016

Good as gold: Declining precious metal prices have lowered production costs, boosting profit

IBISWorld’s Jewellery Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The Jewellery Manufacturing industry has performed well over the past five years. Industry revenue is expected to increase at an annualised 3.5% over the five years through 2015-16, to reach $2.3 billion. Steep declines in the world price of gold and silver, two key raw materials for many industry products, have allowed firms to lower prices, which has boosted demand from wholesalers, retailers and final consumers. The increase of real household discretionary income over the past five years has provided consumers with more income to spend on non-essential items such as jewellery products. This trend has increased demand for expensive custom-made or handmade jewellery, as consumers are willing to spend more on personalised fine jewellery... purchase to read more

Industry Report - Starting a New Business Chapter

The industry has moderate barriers to entry and this trend has remained steady over the past five years. New operators are required to invest in specialised machinery and equipment, and train high-quality staff for the design and production of jewellery items. These significant entry costs can deter prospective jewellery manufacturers from entering the industry. High competition from import markets can also discourage prospective entrants, with low-cost operators overseas already having a competitive advantage over established Australian operators.

However, the industry’s low concentration, light regulation and low rate of technological change may entice new operators into the industry... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Jewellery Manufacturing Industry?

Industry operators manufacture jewellery or silverware using precious or semi-precious metal and stones. Products manufactured include fine jewellery costume jewellery, badges and medals. Operators may also be involved in coin minting, diamond and gem cutting or in the manufacture, engraving, chasing, or etching of jewellery or precious metal. These products are sold to wholesalers or, in certain instances, directly to retailers.

Industry Products
Fine jewelleryOther productsCostume jewelleryDiamond and gem cuttingCoin minting
Industry Activities
JewelleryCoin mintingDiamond and gem cutting Custom-made jewelleryCostume jewelleryBadge and medalSilverware and trophyLapidary workGoldsmithing

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