Jewellery is expected to see retrained growth at least in the early part of the forecast period due to a drop in disposable income, high inflation and prevailing economic uncertainty. There is also a risk of jewellery purchases declining as jewellery prices rise.
Consumers in Poland are becoming increasingly aware and concerned about the wider impact of their purchasing decisions, including their impact on climate change. As such, customers are likely to become more willing to pay extra for environmentally friendly items, or to seek out products with more ethical claims.
The financial difficulties facing many consumers due to the rising prices of goods and services and loans is expected to negatively affect the sale of valuable jewellery over the forecast period. It is anticipated that more consumers could instead turn to the second-hand market to obtain cheaper jewellery, with this being supported by online second-hand jewellery stores.
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Understand the latest market trends and future growth opportunities for the Jewellery industry in Poland with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Jewellery industry in Poland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Jewellery is a kind of personal adornment usually made with various precious and semi-precious materials such as gemstones, precious metals, beads, glass, and shells. Jewellery segment as either real or costume jewellery. Hair Accessories are not included as part of Real or Costume jewellery.See All of Our Definitions
This report originates from Passport, our Jewellery research and analysis database.
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