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Watch and Jewellery Retailing in Australia: Market Research Report

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

Watch and Jewellery Retailing Market Research Report | ANZSIC G4253 | May 2014

Time to shine: Improving economic conditions are driving industry growth

IBISWorld’s Watch and Jewellery Retailing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 09-14
2.1%
Annual Growth 14-19
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Profit
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Employment
21,732
Businesses
2,278
Industry Analysis & Industry Trends

The Watch and Jewellery Retailing industry is expected to post annualised revenue growth of 2.1% over the five years through 2013-14. Despite the steady rise in revenue, industry performance has varied considerably over the past five years. Industry revenue grew solidly in 2008-09 and 2009-10, largely due the growing popularity of Pandora merchandise and growth in discretionary incomes. In fact, Pandora is regarded as one of the biggest things to happen to the industry in recent years. In contrast, industry revenue contracted in 2010-11 and 2011-12 due to the collapse of global financial markets and a drop in consumer sentiment. Industry trading conditions improved in 2012-13, leading to a recovery in revenue levels... purchase to read more

Industry Report - Industry Products Chapter

The product market for goods retailed by the industry may be broadly segmented into diamonds and precious jewellery, gold jewellery, silver jewellery, watches, and services and other products. The relative share of each product segment has been affected by the following factors: the price of gold, individual consumers budgets, the level of discretionary income available for the purchase of fine watches and jewellery items, and the individual needs and preferences of consumers.

Diamonds and precious jewellery

Diamond and precious jewellery is expected to be the largest product segment for the industry in 2013-14, accounting for an estimated 30.0% of revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Watch and Jewellery Retailing Industry?

Industry operators primarily retail jewellery and watches that include precious metals and/or precious and semiprecious gemstones. Industry operators are often regarded as retailers of fine jewellery and watches. Retailers that have an online presence are included in the industry. Businesses that primarily retail non-precious metal-based fashion watches and jewellery items are excluded from the industry.

Industry Products
WatchesGold jewellerySilver jewelleryDiamonds and precious jewelleryServices and other products
 
Industry Activities
Watch retailingDiamond and precious jewellery retailingGold jewellery retailingSilver jewellery retailing


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