Fine Jewellery and Watch Retailing in Australia - Market Research Report

Fine Jewellery and Watch Retailing industry trends (2014-2019)

poll Average industry growth 2014–2019: 0.4%

The Fine Jewellery and Watch Retailing industry consists of firms that sell fine jewellery and watches made of precious or semiprecious gemstones and metals. However, the industry does not include firms that retail fashion jewellery items, which are made of non-precious metals and stones. Industry revenue is expected to increase at an annualised 0.3% over the five years through 2019-20, to $3.0 billion. This trend includes expected decline of 2.0% in the current year, due to a projected decline in consumer sentiment in 2019-20. An increase in the number of marriages over the past five years has increased demand for diamond engagement rings and wedding bands. However, largely negative consumer sentiment over the period has constrained industry growth...
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Fine Jewellery and Watch 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 Fine Jewellery and Watch Retailing industry is anticipated to grow over the next five years. Industry revenue is forecast to rise at an annualised X.X% over the five years through XXX-XX, to $X.X billion. Positive consumer sentiment over the next five years is projected to aid industry revenue growth, as consumers become more confident about their financial situation. Real household discretionary income is also forecast to increase over the next five years, boosting demand for non-essential items such as fine jewellery or luxury watches. International brands and profit Australian consumers are anticipated to have access to a greater range of foreign jewellery items over the next five years. International brands, such as Pandora and Tiffany & Co...
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Fine Jewellery and Watch Retailing industry statistics

  • attach_money Market Size: $3bn
  • business Number of Businesses: 2,980
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 16,702

Biggest companies in the Fine Jewellery and Watch Retailing industry

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

  • 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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  • pie_chart AD Astra Holdings Pty Limited Market Share: x.x%
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What is Fine Jewellery and Watch Retailing industry?

Industry Definition

Industry firms offer liquidation services to businesses. Operators generate revenue as a commission or fixed fee for the services they provide.

Industry Products and Services

  • Online auctions
  • Traditional auctions
  • Business restructuring and turnaround services
  • Forensic and litigation support
  • Debt advisory services

Industry Activities

  • Court liquidations
  • Creditors’ voluntary liquidation
  • Members' voluntary liquidation

Market research report - table of contents

Industry Definition

Industry operators primarily retail fine jewellery and watches, which are made with precious metals or precious and semiprecious gemstones. Businesses that primarily retail fashion watches and jewellery not made with precious metals or gemstones are excluded from the industry. Additionally, online-only players are also excluded from the industry.

Main Activities

  • Luxury watch retailing
  • Fine jewellery retailing
  • Gold jewellery retailing
  • Silver jewellery retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Trends in the consumer sentiment index affect expenditure on fine watches and jewellery. Consumer sentiment reflects individuals' confidence about the sta...
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Consumer sentiment index
Real household discretionary income
World price of silver
Number of marriages

Current Performance

Luxury goods
Competition and innovation
 Chart: Revenue Growth

Industry Outlook

Personalised jewellery
Consumer trends and online shopping
 Table: Fine Jewellery and Watch Retailing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

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

Supply Chain

Key Buying Industries

Consumers in Australia






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

The Fine Jewellery and Watch Retailing industry's products can be broadly segmented based on the type of precious metal or stone used to manufacture the p...
Fourth and third household income quintile
Second and lowest household income quintile




Demand Determinants

Consumer demand for watch and jewellery items is driven by trends in real household discretionary income, consumer sentiment and changes in consumer taste...
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Major Markets

Fourth and third household income quintile
Second and lowest household income quintile





 Chart: Major Market Segmentation for the Fine Jewellery and Watch 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 Fine Jewellery and Watch Retailing industry is characterised by moderate market share concentration, and this trend has increased slightly over the pa...
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Key Success Factors

Cost Structure Benchmarks

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

Basis of Competition

Internal competition
External competition

Barriers to Entry

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

Industry Globalization

Prouds Jewellers Pty Limited is a foreign-owned private company that retails jewellery, watches and giftware. The company's operations comprise three busi...
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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

Pandora

 Table: Pandora - financial performance

Capital Intensity

The Fine Jewellery and Watch Retailing industry exhibits moderate capital intensity. For every dollar spent on capital in 2019-20, industry operators spen...
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 Chart: Level of Capital Intensity for the Fine Jewellery and Watch 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 Fine Jewellery and Watch Retailing in Australia 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, %

ETAILERS

FASHION JEWELLERY

FINE JEWELLERY

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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 Fine Jewellery and Watch Retailing industry?

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This report on Fine Jewellery and Watch Retailing in Australia:

  • 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 Fine Jewellery and Watch 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
  • And of course, much more

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