Watch and Jewellery Retailing in New Zealand - Market Research Report

Watch and Jewellery Retailing industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.9%

Businesses in the Watch and Jewellery Retailing industry sell fine and fashion jewellery to consumers. Fashion jewellery products are low-value merchandise often made from inexpensive stones and materials. Conversely, fine jewellery and watches are made from precious or semiprecious stones, along with precious metals such as gold and silver. As a result, the industry encompasses a broad range of products aimed at different consumer demographics. Major players in the industry include Michael Hill International Limited and James Pascoe Limited, which operate branded retail chains throughout the country. However, industry concentration is low due to the presence of many independent fine jewellery and fashion jewellery stores. Industry revenue is expect...
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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 forecast to continue growing over the next five years. Gold and silver prices are likely to affect margins and revenue for luxury and mid-market jewellers, while New Zealand consumers increasingly shopping online is forecast to negatively affect low-cost fashion jewellery retailers. Branded retail outlets are projected to become more popular, which will likely cause industry concentration to rise as larger players boost their market share. Revenue is forecast to grow at an annualised X.X% over the five years through XXX-XX, to $XX.X million. Cost trends Gold prices are projected to remain relatively steady over the next five years, falling only slightly overall. Price stability benefits fine jewellers,...
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Watch and Jewellery Retailing industry statistics

  • attach_money Market Size: $643m
  • business Number of Businesses: 550
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,324

Biggest companies in the Watch and Jewellery Retailing industry

The companies holding the largest market share in the Watch and Jewellery Retailing in New Zealand industry include Michael Hill International Limited and James Pascoe Limited.

  • pie_chart Michael Hill International Limited Market Share: x.x%
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  • pie_chart James Pascoe Limited Market Share: x.x%
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What is Watch and Jewellery Retailing industry?

Industry Definition

Industry players retail fine and fashion jewellery. Firms also retail watches. The industry includes bricks-and-mortar stores that also have an online presence, but excludes online-only retailers.

Industry Products and Services

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

Industry Activities

  • Fine jewellery retailing
  • Fashion jewellery retailing
  • Watch retailing

Market research report - table of contents

Industry Definition

Industry players retail fine and fashion jewellery. Firms also retail watches. The industry includes bricks-and-mortar stores that also have an online presence, but excludes online-only retailers.

Main Activities

  • Fine jewellery retailing
  • Fashion jewellery retailing
  • Watch retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The consumer sentiment index reflects how consumers feel about their current and future financial situation. As jewellery and watch items, particularly up...
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Consumer sentiment index
Real household discretionary income
Trade-weighted index
World price of gold

Current Performance

Fine jewellery trends
Luxury demand
Fashion jewellery trends
 Chart: Revenue Growth

Industry Outlook

Mid-market and luxury expansion
Fashion jewellery trends
 Table: Watch and Jewellery Retailing in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

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

Supply Chain

Key Buying Industries

Consumers in New Zealand






Key Selling Industries

Commercial Property Operators in New Zealand
Wireless Telecommunications Carriers in New Zealand
Electricity Retailing in New Zealand




Products & Services

The Watch and Jewellery Retailing industry's products can be broadly segmented into fine jewellery and fashion jewellery. Fine jewellery includes products...
People aged 15 to 34
People aged 55 and over




Demand Determinants

Jewellery and watches are generally considered non-essential products. As a result, consumers typically determine the amount they spend on these items bas...
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Major Markets

People aged 15 to 34
People aged 55 and over





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

International Trade

Business Locations

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

Market Share Concentration

The industry is characterised by low market share concentration, with the four largest players expected to account for less than 40% of industry revenue i...
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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 New Zealand - 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 New Zealand - Market Research Report Industry

Industry Globalization

Michael Hill International Limited is a retail jewellery chain that was established in New Zealand in 1979. The company listed on the NZX in 1987. The com...
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Michael Hill International

 Table: Michael Hill International - financial performance

James Pascoe Group

 Table: James Pascoe Group - financial performance

Capital Intensity

The Watch and Jewellery Retailing industry exhibits a moderate level of capital intensity. For every dollar spent on wages in 2019-20, an expected $0.18 w...
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 Chart: Level of Capital Intensity for the Watch and Jewellery Retailing in New Zealand - 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 New Zealand Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

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

MID-MARKET

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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

Why buy this report on the Watch and Jewellery Retailing industry?

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This report on Watch and Jewellery Retailing in New Zealand:

  • Provides Market Size information to assist with planning and strategic decisions.
  • 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 New Zealand 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
  • And of course, much more

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