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Country Report

Luxury Jewellery in

Luxury Jewellery in the US

14 pages, Feb 2018

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!

PROSPECTS

Luxury jewellery sales still underperform

Luxury costume and fine jewellery continued to underperform in 2017, as local consumers spent less money on luxury accessories like jewellery and watches whilst spending more on experiences (leisure and recreation) and housing, and spending by foreign tourists decreased as they travelled to the US less due to the stronger US dollar, new travel restrictions and visa criteria. Also, with the continuing athleisure trend, consumers wear less jewellery with their outfits.

Popularity of jewellery for holiday gifts declines, but self-purchasing element is growing

Whilst jewellery sales will continue to be highly seasonal and US consumers will continue to enjoy gifting their family and friends, there is a wide range of gift options available. During the holiday season, jewellery companies have been increasingly competing not only against other jewellery players but also against companies selling products such as electronics, entertainment, gift cards, beauty products, clothing and footwear and other accessories.

Luxury jewellery adapts to internet retailing, a channel set to keep growing

Traditional retailers face increasing competition against the growing online channel. Traditional mom-and-pop jewellery stores have had more difficulty in maintaining their business and have been closing stores because of the increasing retail competition and due to the ageing population of store owners.

COMPETITIVE LANDSCAPE

Tiffany & Co struggles with unsteady consumer spending

The US luxury jewellery category remains highly competitive, as a broad range of domestic and international players from small to large manufacturers are present and sell their products through diverse retail channels at different retail price points.

Social media is a key marketing tool

With the rapid rise of online users, consumers are increasingly using social media for style inspiration. In order to attract online shoppers, luxury jewellery players are using digital advertisements and marketing, and opening accounts on different social media platforms to engage and build relationship with consumers.

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

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

HEADLINES

PROSPECTS

Luxury jewellery sales still underperform

Popularity of jewellery for holiday gifts declines, but self-purchasing element is growing

Luxury jewellery adapts to internet retailing, a channel set to keep growing

COMPETITIVE LANDSCAPE

Tiffany & Co struggles with unsteady consumer spending

Social media is a key marketing tool

CATEGORY DATA

Table 1 Sales of Luxury Jewellery by Category: Value 2012-2017
Table 2 Sales of Luxury Jewellery by Category: % Value Growth 2012-2017
Table 3 NBO Company Shares of Luxury Jewellery: % Value 2012-2016
Table 4 LBN Brand Shares of Luxury Jewellery: % Value 2013-2016
Table 5 Distribution of Luxury Jewellery by Format: % Value 2012-2017
Table 6 Forecast Sales of Luxury Jewellery by Category: Value 2017-2022
Table 7 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2017-2022

Luxury Goods in the US - Industry Overview

EXECUTIVE SUMMARY

US luxury market faces multiple challenges

The perception of luxury is changing

Luxury goods remains competitive and diverse

Luxury online sales continue to grow

Luxury goods is expected to rise again

MARKET INDICATORS

Table 8 Number of High Net Worth Individuals (HNWI): 2012-2017

MARKET DATA

Table 9 Sales of Luxury Goods by Category: Value 2012-2017
Table 10 Sales of Luxury Goods by Category: % Value Growth 2012-2017
Table 11 Inbound Receipts for Luxury Goods by Country of Origin: Value 2013-2017
Table 12 NBO Company Shares of Luxury Goods: % Value 2012-2016
Table 13 LBN Brand Shares of Luxury Goods: % Value 2013-2016
Table 14 Distribution of Luxury Goods by Format and Category: % Value 2017
Table 15 Forecast Sales of Luxury Goods by Category: Value 2017-2022
Table 16 Forecast Sales of Luxury Goods by Category: % Value Growth 2017-2022

Megatrends

Country Report

Luxury Jewellery in the US

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Luxury jewellery sales still underperform

Popularity of jewellery for holiday gifts declines, but self-purchasing element is growing

Luxury jewellery adapts to internet retailing, a channel set to keep growing

COMPETITIVE LANDSCAPE

Tiffany & Co struggles with unsteady consumer spending

Social media is a key marketing tool

Overview

Why buy this report?

Samples (FAQs about samples)

Want to find out more about this report?

Table of Contents

Luxury Jewellery in the US - Category analysis

HEADLINES

PROSPECTS

Luxury jewellery sales still underperform

Popularity of jewellery for holiday gifts declines, but self-purchasing element is growing

Luxury jewellery adapts to internet retailing, a channel set to keep growing

COMPETITIVE LANDSCAPE

Tiffany & Co struggles with unsteady consumer spending

Social media is a key marketing tool

CATEGORY DATA

Luxury Goods in the US - Industry Overview

EXECUTIVE SUMMARY

US luxury market faces multiple challenges

The perception of luxury is changing

Luxury goods remains competitive and diverse

Luxury online sales continue to grow

Luxury goods is expected to rise again

MARKET INDICATORS

MARKET DATA

SOURCES

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