Watch and Jewellery Retailing in Australia - Market Research Report

Watch and Jewellery Retailing industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.8%

Companies in the Watch and Jewellery Retailing industry retail either fine or fashion jewellery. Fine jewellery includes merchandise made from precious metals, along with precious or semiprecious stones. Materials used for fine jewellery generally include gold, silver, platinum, diamonds and pearls. Fashion jewellery is manufactured from comparatively inexpensive materials and is often targeted at value-conscious consumers. Materials used in fashion jewellery generally consist of plastic and glass. Industry revenue is forecast to grow at an annualised 1.8% over the five years through 2018-19, to reach $3.7 billion. Jewellery sales have benefited from rising discretionary income, increased spending by wealthy foreign tourists on luxury goods, and mar...
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Watch and Jewellery Retailing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Watch and Jewellery Retailing industry is projected to continue growing over the next five years. Branded jewellery chains are set to become increasingly popular as consumers demand high-quality and fashionable jewellery products. Competition is anticipated to intensify, particularly from online-only retailers and department stores. This trend will likely be particularly evident in the fashion watch and jewellery product segment. Industry revenue is forecast to rise at an annualised X.X% over the five years through XXX-XX, to reach $X.X billion. Profitability and competition Industry profitability is projected to rise over the next five years. Retailers are forecast to continue focusing on cost cutting as competition intensifies. Wages are like...
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Watch and Jewellery Retailing industry statistics

  • attach_money Market Size: $4bn
  • business Number of Businesses: 3,840
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 19,850

Biggest companies in the Watch and Jewellery Retailing industry

The companies holding the largest market share in the Watch and Jewellery Retailing in Australia industry include Prouds Jewellers Pty Limited, Michael Hill International Limited and Tiffany & Co (Australia) Pty Ltd.

  • pie_chart Prouds Jewellers Pty Limited Market Share: x.x%
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  • pie_chart Michael Hill International Limited Market Share: x.x%
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  • pie_chart Tiffany & Co (Australia) Pty Ltd Market Share: x.x%
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What is Watch and Jewellery Retailing industry?

Industry Definition

Industry operators retail fine or fashion jewellery and watches. Fine jewellery and watches include products made with precious metals or precious and semiprecious stones. Fashion jewellery retailers sell products made from non-precious metals, stones, glass, plastic or wood. Online-only retailers, department stores and general clothing retailers are not included in the industry.

Industry Products and Services

  • Fine metal jewellery
  • Precious stones jewellery
  • Fashion jewellery and watches
  • Fine watches
  • Other fine jewellery products and services

Industry Activities

  • Watch retailing
  • Fashion jewellery retailing
  • Precious stones retailing
  • Fine jewellery retailing

Market research report - table of contents

Industry Definition

Industry operators retail fine or fashion jewellery and watches. Fine jewellery and watches include products made with precious metals or precious and semiprecious stones. Fashion jewellery retailers sell products made from non-precious metals, stones, glass, plastic or wood. Online-only retailers, department stores and general clothing retailers are not included in the industry.

Main Activities

  • Watch retailing
  • Fashion jewellery retailing
  • Precious stones retailing
  • Fine jewellery retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The consumer sentiment index represents consumers' outlook and confidence in the overall economy. When consumers feel more certain about their financial s...
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Consumer sentiment index
Real household discretionary income
Domestic price of gold
World price of silver

Current Performance

Social media and online sales
Luxury and tourism
 Chart: Revenue Growth

Industry Outlook

Jewellery chains
Fashion trends
 Table: Watch and Jewellery Retailing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Watch and Jewellery Retailing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers






Key Selling Industries

Measurement and Other Scientific Equipment Manufacturing in Australia
Jewellery Manufacturing in Australia
Jewellery and Watch Wholesaling in Australia
Diamond and Gemstone Mining in Australia



Products & Services

Products sold by the Watch and Jewellery Retailing industry can be broadly divided into two groups: fine jewellery and fashion jewellery. Fine jewellery i...
Fourth and third household income quintiles
Second and lowest household income quintiles




Demand Determinants

Discretionary incomes, consumer sentiment, and fashion trends and tastes are key demand determinants for watches and jewellery. As jewellery is a non-esse...
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Major Markets

Fourth and third household income quintiles
Second and lowest household income quintiles





 Chart: Major Market Segmentation for the Watch and Jewellery Retailing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Watch and Jewellery Retailing industry displays low market share concentration, with the four largest players expected to account for less than 40% of...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Watch and Jewellery Retailing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Watch and Jewellery Retailing in Australia - Market Research Report Industry

Industry Globalization

Prouds Jewellers Pty Limited is the largest jewellery retailer in Australia. Prouds is the local subsidiary of James Pascoe Limited, a New Zealand-based c...
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Prouds Jewellers

 Table: Prouds Jewellers - financial performance

Michael Hill International

 Table: Michael Hill International - financial performance

Tiffany & Co

 Table: Tiffany & Co - financial performance

Capital Intensity

The Watch and Jewellery Retailing industry exhibits low capital intensity. In 2018-19, for every dollar invested in capital, an estimated $8.18 is spent o...
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 Chart: Level of Capital Intensity for the Watch and Jewellery Retailing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Watch and Jewellery Retailing in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

FASHION JEWELLERY

FINE JEWELLERY

POINT OF SALE (POS)

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Watch and Jewellery Retailing in Australia:

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  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Watch and Jewellery Retailing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
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