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Country Report

Luxury Jewellery in

Luxury Jewellery in Russia

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

Luxury jewellery sees negative impacts from the increase in gold prices, further compounded by impacts from COVID-19

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.

Luxury fine jewellery considered as an investment tool in times of economic uncertainty

Many affluent Russian consumers consider luxury fine jewellery as a good investment during times of economic crisis. In fact, wealthy consumers are more inclined to invest their spare finances into luxury jewellery during times of uncertainty and complicated economic conditions.

RLG maintains company lead, whilst Tiffany & Co tops the list in brand terms

RLG OOO maintained its lead in luxury jewellery in company terms in 2019, despite losing shares to second-placed Tiffany Russia OOO. However, in brand terms, RLG’s Cartier brand plays third place to Tiffany & Co (Tiffany Russia OOO) and Bvlgari (Bulgari Russia OOO).

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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 Russia 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 Russia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Luxury Jewellery in Russia 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 Russia?
What are the major brands in Russia?
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 Russia - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Luxury jewellery sees negative impacts from the increase in gold prices, further compounded by impacts from COVID-19

Luxury fine jewellery considered as an investment tool in times of economic uncertainty

RLG maintains company lead, whilst Tiffany & Co tops the list in brand terms

RECOVERY AND OPPORTUNITIES

Slow economic recovery will continue to negatively impact sales over short-term forecast period

Players set to focus on e-commerce channels and distanced sales strategies

Recovery of sales in luxury jewellery expected no sooner than 2022-2023

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 Russia - 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 Russia

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Luxury jewellery sees negative impacts from the increase in gold prices, further compounded by impacts from COVID-19

Luxury fine jewellery considered as an investment tool in times of economic uncertainty

RLG maintains company lead, whilst Tiffany & Co tops the list in brand terms

Overview

Why buy this report?

Samples (FAQs about samples)

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Table of Contents

Luxury Jewellery in Russia - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Luxury jewellery sees negative impacts from the increase in gold prices, further compounded by impacts from COVID-19

Luxury fine jewellery considered as an investment tool in times of economic uncertainty

RLG maintains company lead, whilst Tiffany & Co tops the list in brand terms

RECOVERY AND OPPORTUNITIES

Slow economic recovery will continue to negatively impact sales over short-term forecast period

Players set to focus on e-commerce channels and distanced sales strategies

Recovery of sales in luxury jewellery expected no sooner than 2022-2023

CATEGORY DATA

Luxury Goods in Russia - 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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