The report ‘Worldwide Jewelery Market Demand and Opportunities’ covers global gems and jewellery industry structure, market size, trends and opportunities prevailing. In terms of geography the report covers the United States, which accounts for the largest percentage of the market, European Union including Romania, Bulgaria and Germany.
The structure of the jewellery industry is global in nature, the source of the raw materials are Africa, Canada, Russia and Australia. Primarily India, China, Turkey and Italy are the countries which are involved in jewellery manufacturing and diamond processing and the retail market are in US, Europe, Far East, Middle East and Asia.
Diamond jewellery accounts for 55% of total jewellery sales in the US market. Speciality retailers hold a very strong position in the jewellery market. The industry is highly fragmented with less than half of the revenue is generated by the top 50 jewellery chains. The US retail jewellery industry is highly fragmented.
The demand for symbolic jewellery is strongly coming from Asian countries and few European regions. In India, tourists are also participating in the growing demand of Symbolic jewellery market.
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