DUBLIN – (COMMERCIAL THREAD)–The “Online Jewelry – Global Market Trajectory and Analysis” the report was added to ResearchAndMarkets.com offer.
The editor brings years of research experience to the 7th edition of this report. The 130-page report presents concise information on the impact of the pandemic on production and the buy side for 2020 and 2021. A short-term gradual recovery by key geography is also discussed.
Global Online Jewelry Market To Reach $ 58.9 Billion By 2027
Amid the COVID-19 crisis, the global online jewelry market estimated at US $ 21.5 billion in 2020 is expected to reach a revised size of US $ 58.9 billion by 2027, with a CAGR of 15.5% over the period 2020-2027. .
Online fine jewelry, one of the segments analyzed in the report, is expected to register 16% CAGR and reach $ 46.2 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and the induced economic crisis, the growth of the online fashion jewelry segment is readjusted to a revised CAGR of 14.1% for the next 7-year period.
The US market is estimated at $ 6.3 billion, while China is expected to grow at 14.9% CAGR
The online jewelry market in the United States is estimated at US $ 6.3 billion in 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 10.2 billion by 2027 , after a CAGR of 14.9% during the analysis period 2020 to 2027. Other notable geographies include Japan and Canada, each forecasting growth of 13.8% and 13.3% respectively in the during the period 2020-2027. In Europe, Germany is expected to grow at a CAGR of around 11.3%.
Competitors identified in this market include, among others:
Chow Tai Fook Jewelery Group Ltd.
Compagnie Financière Richemont SA
LVMH Moët Hennessy – Louis Vuitton
Bookmark Jewelers Limited
Main topics covered:
I. INTRODUCTION, METHODOLOGY AND SCOPE OF THE REPORT
1. MARKET OVERVIEW
Market shares of global competitors
Global online jewelry competitors market share scenario (in%): 2019 and 2025
Impact of COVID-19 and an impending global recession
2. FOCUS ON CERTAIN PLAYERS
3. MARKET TRENDS AND FACTORS
4. WORLD MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total number of profiled companies: 46
For more information on this report, visit https://www.researchandmarkets.com/r/tl1n1x