The Jewellery and Watches Market Remains Strong in the US, UK and Switzerland

The jewellery and watch market is being driven by changing consumer preferences and a huge demand for the most expensive products, largely influenced by the need of making a style statement. Industry players are describing the current state of the market as amazing. The overall jewellery and watch market is still tiffany jewellery but the medium- to high-price segment is relatively concentrated.

The report focuses on the US, UK and Swiss market – value, growth rate, and segments. It also discusses the key trends prevalent in the market. The report profiles the major jewellery and watch market players.

1. Market Segmentation

This section gives a brief introduction about the various segments of the jewellery and watch market. It also classifies the segments by their respective SIC Codes. Real Jewellery Fashion Jewellery Mechanical Watches Quartz Analogue Watches Quartz Digital Watches

2. Supply Chain Analysis

The trade channels for diamonds are illustrated by a graphical representation of the supply chain, followed by a detailed discussion of exploration, mining, sorting, polishing, dealing, jewellery manufacturing, and retail. Exploration/Mining Sorting Cutting & Polishing Manufacturing Retail

3. Market Size

3.1 Luxury Sector

The luxury sector being extremely cyclical is mostly driven by GDP growth, tiffany cufflinks flows and the growing percentage of high net worth individuals.

Luxury Sales Growth Vs Global GDP Growth

3.2 US Jewellery & Watch Market

The jewellery market consists of retailers of various sizes, making it one of the most fragmented markets in the retail sector. However, the watch sector is much more conventional, with several large manufacturers. Distribution Channels Retail Sales of Jewellery, Watches and Clocks Break-up of Market Value at Manufacturer’s Level

3.3 UK Jewellery & Watch Market

The jewellery and watches market in the UK has seen tremendous growth during 2000-06, mainly due to higher levels of consumer disposable income. Market Value at Retail Prices Market Forecast at Retail Prices

3.4 Swiss Watch Market

Switzerland is one of the worlds largest watch producers by value and is responsible for about half of all world production. 4. Market Trends 4.1 Luxury Watches Reach Record Sales 4.2 Top Trends from Jewellery Shows 4.3 Men’s Jewellery – Growing Popularity 4.4 Jewellery and Watches – Online Shopping Trends 4.5 Top Ten Brands – Moving in Style 5. Competitor Analysis

5.1 Citizen Watch

Citizen is focusing on women’s segment, by updating classic styles like the Lucca with a mother-of-pearl dial.

Overview

Brands

5.2 Swatch

Swatch is the only global watch company that is fully vertically integrated. It produces all the components required by its 19 watch brand companies.

Overview

Brands

5.3 LVMH

TAG Heuer is LVMH’s best-selling watch brand and the world tiffany money clips in sports watches and chronographs.

Overview

Brands

5.4 Tiffany

Tiffany, a multi-channel jewellery specialty retailer in the US, also generates a significant amount of business internationally, especially in Japan.

Overview

Brands

5.5 Richemont

Richemont, one of the leading luxury goods groups, is most famous for its jewellery, luxury watches and writing instruments.

Overview

Brands

5.6 Timex

Timex, the largest watch producer in the US, has diversified its product range from simple watches to high-tech sports watches.

Overview

Brands

5.7 Rolex

Rolex SA has three watch lines – Oyster Perpetual, Professional and Cellini.

Overview

Brands

5.8 Seiko

Seiko released the worlds first electronic paper watch in 2006, a display technology in which tiffany pendants are displayed on a thin and flexible sheet.

Overview

Brands List of Tables SIC Classification US Retail Sales of Jewellery, Watches and Clocks (1996-2006) UK Jewellery Market Value at Retail Prices (2001-06) UK Jewellery Market Forecast at Retail Prices (2007-10) Major Watch Brands in Swiss Market Citizen Watch – Brands Swatch – Brands LVMH – Brands Tiffany – Brands Richemont – Brands Timex – Brands Rolex – Brands Seiko – Brands List of Charts Diamond Supply Chain Luxury Sales Growth Vs Global GDP Growth (1990-2005) Distribution Channels in the US Break-up of US Market Value at Manufacturer’s Level (2006) Jewellery Y-o-Y Growth (H206 vs. H205) Market Segments: Y-o-Y Growth (H206 vs. H205)

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