Asia Gems and Jewelry Industry Outlook to 2015 - China Outpacing India As the Market Leader in Asia
Bharatbook added a new report on " Asia Gems and Jewelry Industry Outlook to 2015 - China Outpacing India as the Market Leader in Asia " which gives an overview, Demand, Supply Trends and industry analysis reports.
Navi Mumbai, Maharashtra -- (SBWire) -- 01/22/2012 --The report titled “Asia Gems and Jewelry Industry Outlook to 2015 – China Outpacing India as the Market Leader in Asia” provides a comprehensive analysis on the gems and jewelry industry in major Asian countries, namely India, China, Japan, Honk Kong and Thailand covering various aspects such as market size of the gems and jewelry sector on the basis of revenue generated from retail sales, market segmentation on the basis of retail sales of gold jewelry, diamond jewelry and other precious stones jewelry segments, major gems and jewelry import and export market size and segments. The report also entails competitive landscape and profiles of the major players operating in the gems and jewelry industry in each country. The SWOT Analysis is also provided to understand the market conditions in the respective countries. The report also covers future projections to provide an insight on the prospects in the gems and jewelry industry of these 5 countries.
http://www.bharatbook.com/detail.asp?id=222404&rt=Asia-Gems-and-Jewelry-Industry-Outlook-to-2015-China-Outpacing-India-as-the-Market-Leader-in-Asia.html
Asia gems and jewelry market has showcased great resilience and growth over the period. The market has been an influential foreign exchange earner for the region positioning Asia among the largest export markets in the world. The region has emerged as a hub for diamond and precious stones cutting, gold production and trading, leveraging on the low labor costs, adroit artisans and abundant resources. The total Asia gems and jewelry market grew at a 2 year CAGR of ~ from sales of USD ~ billion in 2008 to USD ~ billion in 2010. The sales in 2010 grew by ~ as compared to the growth rate of marginal ~ in 2009. business market research
India is the largest consumer of gold jewelry in the world with consumption of around ~ tonnes per annum accounting for nearly ~ of global consumption in 2010. India is currently the leading diamond cutting and polishing hub of the world and also the third largest consumer of polished diamonds behind the US and Japan. The country commands ~ market share in value sales, ~ by carats and ~ share in the global market on the basis of number of diamond pieces sold. Gitanjali and Titan Industries are the major branded retail jewelry companies operating in India.
Greater China, which consists of Mainland China and Hong Kong is a major jewelry market and is currently the second largest market in Asia closely behind India and is poised to topple India to become the leading gems and jewelry consuming region in Asia in 2011. China witnessed a growth of around ~ in 2010 to record retail gems and jewelry sales worth of around USD ~ billion in 2010. This growth was backed by the economic recovery in 2010 which resulted in increased personal disposable income and rise in consumer spending on luxury goods. Hong Kong‘s total gems and jewelry sales is expected to grow at a 5 year CAGR of ~% to showcase an estimated total sales worth of USD ~ billion by 2015.
Japan is the third largest consumer of polished diamond and one of the leading consumers of gold, precious stones and studded jewelry in the world. But over the period, the country’s jewelry consumption rate has been decreasing. Japan currently has a market share of ~in the global diamond jewelry sales. Japan’s total gems and jewelry sales have shown a fluctuating growth over the period. From sales of USD ~ billion in 2008, the sales dropped by ~ to USD ~billion in 2009.
Thailand is a leading jewelry producer and exporter. Thailand is one of the foremost producers of sapphire and the world’s leading market for processing of colored stones. Thailand’s gems and jewelry exports have consistently grown over the period even during times of economic recession. The exports have grown from USD ~ billion in 2005 to USD ~ billion in 2010 at a 5 year CAGR of ~%. Thailand jewelry industry is estimated to grow at a CAGR of ~% to reach USD ~ million in 2015. This growth will mainly be due to an expected rise in gold jewelry sales in the coming 5 years.
Key Topics Covered in the Report:
- The market size of gems and jewelry by retail sales, imports and exports
- Market segmentation and market share on the basis of retail sales of gold jewelry, diamond jewelry and other jewelry segments. Segmentation of gems and jewelry import and export segments inclusive of the major 5 import and export markets.
- Trends and developments pertaining to this industry for each country.
- Competitive Landscape of the major players operating in each country
- SWOT analysis of the five countries with regard to gems and jewelry industry prospects along with cause and effect relationship analysis between industry factors and expected Asia gems and jewelry industry prospects
- Future outlook and projections of the retail sales of gems and jewelry and its segments for respective countries till 2015.
- Macro-economic and industry factors including population, GDP, tourist arrivals and receipts and metal and mineral production with regard to gems and jewelry industry
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Asia Gems and Jewelry Industry Outlook to 2015 - China Outpacing India as the Market Leader in Asia
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