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Country Report

Luxury Jewellery in

Luxury Jewellery in Japan

Jan 2021

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Steep contraction for luxury jewellery

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 jewellery fairs in the September immediately prior to the tax increase.

Industry players enhance and develop operational strategies in a bid to remain competitive in this challenging environment

Prior to the pandemic, e-commerce was forcing store-based retailers to focus on enhancing key competitive advantages, and particularly consumers’ in-store experience. At the same time, the digitalisation of Japanese culture and the rise of e-commerce had been blurring the boundaries between traditional store-based retailing and e-commerce.

Ongoing demand for luxury jewellery among high socioeconomic groups

Despite all the unprecedented negative pressures on the category in 2020, luxury jewellery captured the tail wind from the ongoing active appetite to shop for luxury goods among the most affluent consumers in the domestic market. Many consumers bought luxury jewellery with the government cash hand out of JPY100,00 in order to commemorate COVID-19 and create a special memory.

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Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Luxury Jewellery industry in Japan with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Luxury Jewellery industry in Japan, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Jewellery in Japan market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Luxury Jewellery in Japan?
What are the major brands in Japan?
How dynamic is the growth of Luxury Jewellery internet sales?
What is driving growth?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply function

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Luxury Jewellery in Japan - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Steep contraction for luxury jewellery

Industry players enhance and develop operational strategies in a bid to remain competitive in this challenging environment

Ongoing demand for luxury jewellery among high socioeconomic groups

RECOVERY AND OPPORTUNITIES

Plummeting sales due to temporary decimation in consumer base and store closures

Jewellery to commemorate the unprecedented health and economic crisis

Strong focus on men’s luxury fine jewellery and new trends in pearls for men

CATEGORY DATA

Table 1 Sales of Luxury Jewellery by Category: Value 2015-2020
Table 2 Sales of Luxury Jewellery by Category: % Value Growth 2015-2020
Table 3 NBO Company Shares of Luxury Jewellery: % Value 2015-2019
Table 4 LBN Brand Shares of Luxury Jewellery: % Value 2016-2019
Table 5 Distribution of Luxury Jewellery by Format: % Value 2015-2020
Table 6 Forecast Sales of Luxury Jewellery by Category: Value 2020-2025
Table 7 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2020-2025

Luxury Goods in Japan - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2015-2020

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2015-2020
Table 10 Sales of Luxury Goods by Category: % Value Growth 2015-2020
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2015-2020
Table 12 NBO Company Shares of Luxury Goods: % Value 2015-2019
Table 13 LBN Brand Shares of Luxury Goods: % Value 2016-2019
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2020
Table 15 Forecast Sales of Luxury Goods by Category: Value 2020-2025
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2020-2025

Megatrends

Country Report

Luxury Jewellery in Japan

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Steep contraction for luxury jewellery

Industry players enhance and develop operational strategies in a bid to remain competitive in this challenging environment

Ongoing demand for luxury jewellery among high socioeconomic groups

Overview

Why buy this report?

Samples (FAQs about samples)

Want to find out more about this report?

Table of Contents

Luxury Jewellery in Japan - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Steep contraction for luxury jewellery

Industry players enhance and develop operational strategies in a bid to remain competitive in this challenging environment

Ongoing demand for luxury jewellery among high socioeconomic groups

RECOVERY AND OPPORTUNITIES

Plummeting sales due to temporary decimation in consumer base and store closures

Jewellery to commemorate the unprecedented health and economic crisis

Strong focus on men’s luxury fine jewellery and new trends in pearls for men

CATEGORY DATA

Luxury Goods in Japan - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on luxury goods

COVID-19 country impact

Company response

Retailing shift

What next for luxury goods?

MARKET INDICATORS

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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