Luxury Jewellery

Market research on the luxury goods industry. Our reports feature a wealth of standardised and cross-comparable statistics including total market sizes, market share and share data, distribution and industry trends.
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Luxury Jewellery in Japan

Jan 2021

In 2019, the long-delayed rise in VAT boosted sales of luxury jewellery as consumers rushed to purchase products before it was finally implemented in October. This demand was bolstered by the aggressive activity of department stores, which held ...

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Luxury Jewellery in the Philippines

Jan 2021

Although all types of luxury jewellery recorded retail value losses during the COVID-19 pandemic, luxury fine jewellery performed slightly better than luxury costume jewellery, despite its significantly higher prices. Men’s luxury fine jewellery ...

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Luxury Jewellery in Germany

Jan 2021

Prior to the outbreak of the COVID-19 pandemic in Germany, the luxury jewellery industry was steadily performing, characterised by traditional demand that saw the landscape recording value growth of 4% in 2019....

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Luxury Jewellery in Argentina

Jan 2021

Luxury jewellers, many of which sell their products in the main shopping malls in Argentina, kept their doors closed for several months in 2020 as a result of the pandemic, which strongly affected the luxury jewellery sector. According to the ...

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Luxury Jewellery in Taiwan

Jan 2021

Overall, luxury jewellery is expected to perform considerably well in 2020 with current value growth rates dropping only slightly. However, the pandemic has resulted in some consumption pattern shifts. For example, luxury costume jewellery has seen a...

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Luxury Jewellery in France

Jan 2021

Along with luxury timepieces, luxury jewellery is one of the most emblematic categories in luxury goods, and thus was amongst the first categories to bear the brunt of the COVID-19 crisis. As in other categories, luxury goods suffered from the ...

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Luxury Jewellery in Turkey

Jan 2021

The COVID-19 pandemic led to a sharp fall in spending on luxury jewellery in 2020, with women’s luxury fine jewellery recording the steepest decline. Reduced consumer confidence in the context of economic uncertainty and pressure on disposable ...

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Luxury Jewellery in Spain

Jan 2021

In Spain, luxury jewellery consumption is still strongly tied to several important holidays and special occasions, such as Mother’s Day, weddings, and first communions. As the Spanish national lockdown took place in Spring 2020, when most of these ...

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Luxury Jewellery in the Netherlands

Jan 2021

With the emergence of COVID-19, sales of luxury jewellery drastically fell, going against the previously positive trend envisaged for 2020. While smaller specialist stores remained open as there were no specific restrictions, larger chained-based ...

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Luxury Jewellery in Poland

Jan 2021

Luxury jewellery suffered a steep value decline in 2020, with value sales dropping by a third. Costume jewellery fared best, largely because it is more affordable. Outlets were closed for six weeks and even when outlets opened, consumers were less ...

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Luxury Jewellery in Thailand

Jan 2021

Luxury jewellery faced a very unfavourable scenario during 2020 as the COVID-19 pandemic led to sales dropping substantially over the course of the year. The main negative influence on category sales was the unavailability of the leading store-based ...

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Luxury Jewellery in Singapore

Jan 2021

The commencement of the 2-month Circuit Breaker from April to June 2020 and establishment of stringent social distancing measures in Singapore have resulted in the postponement of social occasions and celebrations including weddings and parties in ...

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Luxury Jewellery in China

Jan 2021

The Chinese luxury jewellery category plummeted in the first quarter of 2020 due to the closure of stores and lockdown measures implemented by the government. Moreover, the Spring Festival and Valentine’s Day events, when luxury jewellery brands ...

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Luxury Jewellery in Romania

Jan 2021

Sales of luxury jewellery are set to be hit hard by the Romanian government’s response to the pandemic. Jewellery stores were among the non-essential retail outlets closed down at the beginning of lockdown, Stores were closed between March and May, ...

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Luxury Jewellery in the US

Jan 2021

Sales of luxury jewellery in the US dropped sharply in 2020 as efforts to curb the spread of COVID-19 forced the closure of key store-based retail channels throughout much of the year, as well as led to a severe reduction in travel and subsequent ...

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Luxury Jewellery in Mexico

Jan 2021

Consumers of luxury jewellery like to inspect products and even try them on in physical stores prior to purchasing, as well as receive advice from qualified sales consultants. Department stores and watch and jewellery specialist retailers are ...

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Luxury Jewellery in Ukraine

Jan 2021

When compared with other luxury goods, luxury jewellery had not been performing well even before COVID-19 struck. Luxury jewellery is becoming less fashionable and less expensive jewellery such as from retail brand Pandora has been gaining value ...

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Luxury Jewellery in Russia

Jan 2021

Luxury jewellery strongly depends on the cost of raw materials, especially gold, and currency exchange rates. In 2019 and 2020, the cost of gold increased significantly, leading to the increase of unit prices on gold luxury jewellery. Furthermore, ...

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Luxury Jewellery in Brazil

Jan 2021

Luxury jewellery had already been going through challenging times before the pandemic. The objective of captivating millennials and generation Z with traditional status symbols was proving difficult to achieve, preventing the category from seeing ...

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Luxury Jewellery in the United Arab Emirates

Jan 2021

The national lockdown in the UAE led to the temporary closure of many retail outlets in luxury jewellery, which is constrained sales in 2020, especially in the second quarter of the year. The national lockdown and subsequent social distancing ...

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