The Online Jewelry Market to Reach $ 19.88 bn by 2024, CHANEL Ltd., Chopard Group, and Titan Co. Ltd., Emerge as Key Contributors to the Global Online Jewelry Market Growth | Technavio

Technavio has announced its latest market research report titled Global Online Jewelry Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the online jewelry market and it is poised to grow by $ 19.88 bn during 2020-2024, progressing at a CAGR of over 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

  • What are the major trends in the market?
    Rise in Internet penetration and m-commerce is a major trend driving the growth of the market.
  • At what rate is the market projected to grow?
    The year-over-year growth for 2020 is estimated at 14.59% and the incremental growth of the market is anticipated to be $ 19.88 bn.
  • Who are the top players in the market?
    CHANEL Ltd., Chopard Group, Chow Tai Fook Jewellery Co. Ltd., Compagnie Financière Richemont SA, Graff Diamonds Ltd., Kering SA, LVMH Moët Hennessy - Louis Vuitton, Signet Jewelers Ltd., The Swatch Group Ltd., and Titan Co. Ltd., are some of the major market participants.
  • What are the key market drivers and challenges?
    Innovation in jewelry design and technology is one of the major factors driving the market.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CHANEL Ltd., Chopard Group, Chow Tai Fook Jewellery Co. Ltd., Compagnie Financière Richemont SA, Graff Diamonds Ltd., Kering SA, LVMH Moët Hennessy - Louis Vuitton, Signet Jewelers Ltd., The Swatch Group Ltd., and Titan Co. Ltd. are some of the major market participants. Innovation in jewelry design and technology will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Online Jewelry Market 2020-2024: Segmentation

Online Jewelry Market is segmented as below:

  • Product
    • Fine Jewelry
    • Fashion Jewelry
  • Geographic Landscape
    • North America
    • Europe
    • APAC
    • MEA
    • South America

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Online Jewelry Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online jewelry market report covers the following areas:

  • Online Jewelry Market Size
  • Online Jewelry Market Trends
  • Online Jewelry Market Industry Analysis

This study identifies the rise in Internet penetration and m-commerce as one of the prime reasons driving the online jewelry market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Online Jewelry Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist online jewelry market growth during the next five years
  • Estimation of the online jewelry market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the online jewelry market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of online jewelry market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market Characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Fine Jewelry - Market size and forecast 2019-2024
  • Fashion jewelry - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • CHANEL Ltd.
  • Chopard Group
  • Chow Tai Fook Jewellery Co. Ltd.
  • Compagnie Financière Richemont SA
  • Graff Diamonds Ltd.
  • Kering SA
  • LVMH Moët Hennessy - Louis Vuitton
  • Signet Jewelers Ltd.
  • The Swatch Group Ltd.
  • Titan Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

Release Summary

The Global Online Jewelry Market will grow by $ 19.88 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/