Gemstone Jewelry Market Analysis
The relevance of research
Gemstone jewelry has an unusually long life cycle compared to conventional consumer goods. Consumers continue to buy gemstone jewelry despite lack of targeted industry advertising
Purpose of the study
Analysis of the state of the gemstone jewelry market, assessment of the market size, competitor analysis, as well as identification of factors affecting the gemstone jewelry market
Content
Part 1. Overview of the Indian gemstone jewelry market
1.1. Main characteristics of the market
1.2. Dynamics of the market volume of jewelry with precious stones in 2014-2018. Potential market capacity
1.3. Assessment of factors affecting the market
1.4. Gemstone Jewelry Market Life Cycle Stage
1.5. Competition from substitute products
Part 2: Competitive Analysis in the Gemstone Jewelry Market
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Gemstone Jewelry Production Analysis
3.1. Volume and dynamics of domestic production of jewelry with precious stones
3.2. Share of exports in production of jewelery with precious stones
3.3. Segmentation of gemstone jewelry production by region
3.3.1. Production by Union Territories
3.3.2. Production by states of India
Part 4. Analysis of foreign trade deliveries of jewelry with precious stones
4.1. The volume and dynamics of imports of jewelry with precious stones
4.2. Import structure
4.3. The volume and dynamics of exports of jewelry with precious stones
4.4. Export structure
Part 5 Gemstone Jewelry Consumption Analysis
5.1. Dynamics of consumption of jewelry with precious stones
5.2. Analysis of the results of tenders for the purchase
Part 6. Price Analysis
6.1. Average producer prices by union territories
6.2. Average consumer prices by states in India
Part 7. Assessment of factors of investment attractiveness of the market
Part 8. Forecast of the development of the gemstone jewelry market until 2023
Part 9. Recommendations and conclusions
Research excerpt
Part 1. Overview of the Indian gemstone jewelry market
1.1. Main characteristics of the market
The subject of this study is jewelry with precious stones. Precious stones include natural diamonds, emeralds, rubies, sapphires and alexandrites, as well as natural pearls in raw (natural) and processed form, as well as unique amber formations in the manner established by the Government of India.
The gemstone jewelry market in this study refers to …
...
The Indian gemstone jewelry market is dominated by ... In the analyzed period (2014 - 2018), the share of domestic products was ...% of the market volume. In 2016, the volume of domestic production was …%. This was due to a sharp ..., against the background of which imported products ... At the same time, some stabilization of exchange rates in 2017-2018. led to …, and by the end of 2018, the share of imported products in the Indian market of jewelry with precious stones amounted to …%, the share of domestic production amounted to …%.
1.2. Dynamics of the market volume of jewelry with precious stones in 2014-2018. Potential market capacity
Consider the volume dynamics of the gemstone jewelry market in India.
At the end of 2018, the volume of the jewelry market with precious stones amounted to … billion Rs., … compared to the level of 2017 by …%. The main factor … was the increase in … The volume of production of jewelry with precious stones in 2018 was …% compared to 2017.
Over a five-year period (from 2014 to 2018), the volume of the jewelry market with precious stones … by …%, while in prices adjusted for inflation in 2016-2017. the market volume shows …%, and in 2018. ...
If we talk about the potential of the market for jewelry with precious stones, then it is … and is about …%. Achieving potential capacity in India is being held back...
However, in the long term, jewelry consumption will be …% annually mainly due to …
The structure of proceeds from the sale of jewelry with precious stones has a higher concentration in … the Union Territories. With the development of online commerce and network retail, access to ...
In 2018, …% of gemstone jewelry sales come from … Union Territories, …% from … Union Territories, …% from …
Diagram 3. Revenue (net) from the sale of jewelry with precious stones by union territories for 2014 - 2018, %
1.3. Assessment of factors affecting the market
Let's consider the main factors influencing the market and, accordingly, demand.
Social (demographic)
Real disposable money income
Real disposable money income per capita is income minus mandatory payments, adjusted for inflation. This factor determines the level of effective demand of buyers, is one of the key reasons for the formation of the dynamics of both retail turnover and demand for services.
During 2014-2018 dynamics of real incomes of the population …, so in 2014 real incomes …% compared to 2013, in 2015 – by …% compared to 2014, in 2016 – … In 2018, the trend is …
The real disposable cash income of Indians, according to Rosstat, in the 3rd quarter. 2019 compared to the corresponding period of the previous year …%. …
However, according to economists, the growth of this indicator is …
...
technological
...
Economic
...
Political and legal
...
Table 1. STEP analysis of factors influencing the gemstone jewelry market
According to the results of the performed STEP-analysis, macro-environment factors have a greater influence on the development of the gemstone jewelry market.
The … mentioned above lead to negative consequences for the jewelry industry: in the coming years, the population …
...
According to the results of the analysis, the market is positively influenced by … factors such as …
1.4. Gemstone Jewelry Market Life Cycle Stage
Gemstone jewelry has an unusually long life cycle compared to conventional consumer goods. The market is currently in a … phase, trending towards … This is obvious since …
Consumers continue...
1.5. Competition from substitute products
...
Part 2: Competitive Analysis in the Gemstone Jewelry Market
2.1. Major players in the market
The largest gemstone jewelry companies/brands include both …operators and brand names for …products.
When analyzing companies participating in the market, manufacturing plants, wholesale and retail legal entities were taken into account. The average share of sales of jewelry with precious stones in the total volume of the Indian jewelry market in monetary terms is …%. Companies' revenue from sales of jewelry with precious stones is estimated by GidMarket based on this ratio. The exception is…
2.2. Market shares of the largest competitors
According to the results of 2018, the importer … leads in terms of revenue from sales of jewelry with precious stones. In 2018, the market share, according to GidMarket analysts, amounted to …%. The second place is occupied by … with a share of …%. Next comes the brand...
Next, in descending order of market share, are ..
Diagram 10. Shares of the largest competitors in the gemstone jewelry market in 2018
In terms of competitive concentration, the market belongs to … (Herfindahl-Hirschman index (HHI) <…), HHI < 1000) – ...
2.3. Profiles of major players
...
Table 3. Profiles of companies participating in the gemstone jewelry market in 2018
Part 3. Gemstone Jewelry Production Analysis
3.1. Volume and dynamics of domestic production of jewelry with precious stones
About …% of the production capacity of the EAEU jewelry industry is concentrated in India. At the same time, the utilization of production capacities of the jewelry industry in India is not more than …% due to …
The production of jewelry with precious stones in value terms, according to experts, is about …% of the total production of jewelry. According to GidMarket estimates, based on the data of …, the volume of production of jewelry with precious stones in 2018 amounted to … billion Rs., which is by …% … the indicator of 2017. Production of jewelry with …
In 2015, due to the devaluation of the rupee, ... According to Gidmarket's forecast, in 2019, in value terms, the production volume is …% and will amount to … billion Rs. due to ...
The TOP-5 domestic manufacturers of jewelry with precious stones include …, …, …, …, …. GidMarket estimates that in 2018 the total revenue of the TOP-5 manufacturers of jewelry with precious stones amounted to … billion Rs., … compared to 2017 by …%.
Diagram 12. Dynamics of the total revenue of the largest manufacturers (TOP-5) of jewelry with precious stones in India, billion Rs., 2014-2018
3.2. Share of exports in production of jewelery with precious stones
In 2018, the share of exports in the production of jewelry with precious stones is …%. The share of exports in the production of jewelry with precious stones in 2015 … by … p.p. due to change ... In 2016-2017. export share …%. … occurred primarily due to the presence of …
3.3. Segmentation of gemstone jewelry production by region
3.3.1. Production by Union Territories
According to the location of the main enterprises producing jewelry with precious stones, the leader in the production of ... Union Territories, where ...
The leader in the production of jewelry with precious stones with a share of ...% is ... Union Territories, where such enterprises producing jewelry with precious stones as ..., ..., ..., etc. are located. Another ...% falls on ... Union Territories, where ... etc. .
3.3.2. Production by states of India
The largest gemstone jewelry manufacturing states in India are …reg. (…%), then, in descending order of share in production, follow … (…%), … (…%), ... Other states account for …% of the production of jewelry with precious stones.
Part 4. Analysis of foreign trade deliveries of jewelry with precious stones
4.1. The volume and dynamics of imports of jewelry with precious stones
The volume of imports of jewelry with precious stones to India in 2018 amounted to … tons, having increased by …% compared to 2017. At the same time, the volume of imports of jewelry with precious stones in physical terms … of the volume of imports of the level of 2014 by …%.
Diagram 15. Volume and dynamics of imports of jewelry with precious stones in physical terms, tons, 2014 - 2018
During the analyzed period, … imports were observed in 2015 by …%, in 2016 – by …b, by …% more compared to 2015. G…
In value (dollar) terms, the dynamics of imports of jewelry with precious stones is similar to the dynamics of …
For the analyzed period, in ruble terms, imports of jewelry with precious stones in India …% from … billion Rs. in 2014 to … billion Rs. in 2018, due to ... For the period 2014-2018. … volumes of deliveries of jewelry with precious stones to India in ruble terms took place in … years. Consequently …
4.2. Import structure
In the structure of imports of jewelry with precious stones by importing countries in 2018, the key supplier is …, which accounts for …% of all imported jewelry with precious stones. Also, deliveries of jewelry with precious stones to India are … (share …%), …(share …%), … In 2018, the share of other importing countries of jewelry with precious stones accounted for only …%.
4.3. The volume and dynamics of exports of jewelry with precious stones
In 2014 - 2017 the volume of export deliveries of jewelry with precious stones from India shows … dynamics. At the end of 2018, the volume of exports of jewelry with precious stones … and amounted to … t, which is …% more than export volumes … and …% … of the volume of 2014. In terms of market volume, export ...
The dynamics of exports follows exclusively ...
In dollar terms, the volume of exports of jewelry with precious stones from India in 2018 amounted to … million dollars, which is …% more than the level of …
In ruble terms, the volume of exports of jewelry with precious stones from India in 2018 amounted to … mln Rs., which is … % less than the level of … yr.
Foreign trade balance in the market of jewelry with precious stones in 2014-2018 ... And amounts to ... billion Rs. in 2018. Which allows us to conclude that the export direction on a market scale …
In the medium term it is likely...
4.4. Export structure
The main volume of jewelry with precious stones, in value terms, exported from India in 2018 is supplied in … (…%) and … (…%).
Also, jewelry with precious stones from India is exported to … (…%), ... Switzerland and Estonia occupy …% each in the structure of exports of jewelry with precious stones, …
Part 5 Gemstone Jewelry Consumption Analysis
5.1. Dynamics of consumption of jewelry with precious stones
The per capita consumption of gemstone jewelry was estimated by GidMarket on the basis of the ratio of the market volume to the population of India.
As you can see in the chart, the consumption of gemstone jewelry in India … during 2014-2018. from … to … Rs./ pers. in year. For the period 2014-2018 Gemstone jewelry spending per capita increased by … Rs., while …
Diagram 21. Dynamics of consumption of jewelry with precious stones in monetary terms, Rs./person, 2014 - 2018
5.2. Analysis of the results of tenders for the purchase
For the period from 01.01.18/01.12.19/ to / / . ... a tender was announced for the purchase of jewelry, but of them only ... for the supply of jewelry with precious stones. Customers ...
...
In general, among all jewelry, through tenders, most often they buy ... Purchases, as a rule, are carried out according to 44-FZ.
Part 6. Price Analysis
6.1. Average producer prices by union territories
The cost of gemstones directly affects the value of a piece of jewelry. Usually …% of the final amount is exactly the price per stone. So the more expensive it is...
Also in India there are price lists for …
According to GidMarket, the average producer price for jewelry with precious stones in India is … Rs./unit. The most expensive jewelry is in … Union Territories – … Rs./unit. The lowest producer prices in … Union Territories – by … Rs./unit. lower than the Indian average.
6.2. Average consumer prices by states in India
According to …, the size of the average bill in 2018 for diamonds up to 0,01 carats is … thousand Rs., however, in the capital it is … than the national average. According to … the average check in 2018 for gold jewelry with diamonds from 0,05 carats amounted to … thousand Rs.
The average check in online jewelry sales in 2017 is … thousand Rs. (according to …).
According to GidMarket, the average consumer price for a piece of jewelry with precious stones is … Rs./unit. In the context of the states of India, the highest consumer prices for products with precious stones take place in … (… Rs./unit), … (… Rs./unit), ...
The lowest consumer prices for jewelry with precious stones in the Republic … (… Rs./unit), in the Republic … (… Rs./unit), …
Part 7. Assessment of factors of investment attractiveness of the market
… factors of the investment climate of the gemstone jewelry market in India dominate ... A comprehensive assessment of the factors of investment attractiveness is ... points - ... investment climate.
The most significant negative factors. …
The most significant positive factors. …
Part 8. Forecast of the development of the gemstone jewelry market until 2023
We will analyze the market based on methods based on identifying trends over time, adjusted for expert opinion in the industry.
...
Part 9. Recommendations and conclusions
...
Diagrams
Diagram 1. The ratio of imported and domestic products in the market of jewelry with precious stones, %, 2014 - 2018
Diagram 2. Dynamics of the market volume of jewelry with precious stones, billion Rs., 2014 - 2018
Diagram 3. Revenue (net) from the sale of jewelry with precious stones in the union territories for 2014 - 2018, %
Diagram 4. Dynamics of real incomes of the population of India, % to the previous year, 2012-2018, Q1-Q3 2019
Diagram 5. Dynamics of the average weight of jewelry, grams, 2014-2018, 1 sq. 2019
Diagram 6. Dynamics of India's GDP, % to the previous year, 2012-2018, Q1-Q3 2019
Diagram 7. Monthly dynamics of the US dollar against the rupee, Rs. for 1 US dollar, January 2014-December 2019
Diagram 8. Change in the total number of economic states in the jewelry industry, pieces, May 2017 - November 2019
Diagram 9. Forecast of the volume of the global synthetic diamond jewelry market, billion dollars, 2023, 2035
Diagram 10. Shares of the largest competitors in the gemstone jewelry market in 2018
Diagram 11. Dynamics of production volumes of jewelry with precious stones in India for 2014 - 2019
Diagram 12. Dynamics of the total revenue of the largest manufacturers (TOP-5) of jewelry with precious stones in India, billion Rs., 2014-2018
Diagram 13. Export share in production, %, 2014 – 2018
Diagram 14. Structure of production of jewelry with precious stones by states of India in 2018, %
Diagram 15. The volume and dynamics of imports of jewelry with precious stones in physical terms, tons, 2014-2018
Diagram 16. Volume and dynamics of imports of jewelry with precious stones in monetary terms, mln USD, 2014-2018
Diagram 17. Dynamics of exports of jewelry with precious stones in kind, tons, 2014 - 2018
Diagram 18. Dynamics of exports of jewelry with precious stones in monetary terms, mln USD, 2014-2018
Diagram 19. Balance of exports and imports, million Rs., 2014 - 2018
Diagram 20. Export structure by country, %, 2018
Diagram 21. Dynamics of consumption of jewelry with precious stones in monetary terms, Rs./person, 2014 - 2018
Diagram 22. Market size forecast, billion Rs., 2019 - 2023
Tables
Table 1. STEP Analysis of Factors Affecting the Gemstone Jewelry Market
Table 2. The main companies participating in the gemstone jewelry market in 2018
Table 3. Profiles of companies participating in the gemstone jewelry market in 2018
Table 4. Dynamics of production of jewelry with precious stones in India by union territories, thousand pieces, 2014 - 2019
Table 5. The structure of imports of jewelry with precious stones by importing countries in 2018
Table 6. Data on completed tenders for the purchase of jewelry with precious stones, announced in 01.01.2018/03.12.2019/ - / /
Table 7. Average producer price for jewelry with precious stones, Rs./unit.
Table 8. Average consumer prices for jewelry with precious stones by states of India, Rs./unit.
Table 9. Assessment of factors of investment attractiveness of the jewelry market with precious stones
All reports