DUBLIN, July 30, 2021 / PRNewswire / – The report “The US Jewelery Market: Size, Trends & Forecasts with Impact Analysis of COVID-19, 2021-2025 Edition” has been added to ResearchAndMarkets.com offer.
The U.S. jewelry market has witnessed the negative impact of COVID-19 due to the lockdown and trade restrictions. However, the market is expected to continue to grow during the forecast period (2021-2025). The market is expected to be driven by various growth promoting factors such as increasing disposable income per capita, increasing number of digital buyers, increasing urban population, increasing female population, etc.
However, the market is not free from challenges that hamper its growth. Some of the major challenges facing the market are reducing the number of independent jewelers, declining weddings, etc.
This report provides an in-depth analysis of the United States jewelry market including a detailed description of the market size and growth. The report provides an analysis of the US jewelry market by value and by metals and stones. The report also provides a detailed analysis of the US market for gold, diamond, platinum, and other gemstones and jewelry.
The report also assesses the key opportunities in the market and describes the factors which are and will be driving the growth of the industry. Growth of the overall US jewelry market has also been forecast for the period 2021-2025, taking into account previous growth patterns, growth drivers, and current and future trends.
The jewelry market has been segmented on the basis of type, assortment, platform, brand, metals, and gender. The two main types of jewelry are fine jewelry and costume jewelry. Based on the assortment, the market has been divided into rings, ties, earrings, etc. The jewelry market can also be segmented on the basis of brand into branded and unbranded jewelry. Various types of metals included in the jewelry market are gold, silver, diamond, platinum, gemstones, etc. Based on the platform, the market has been divided into online and offline jewelry market.
The US jewelry market is a highly fragmented market, with various players operating at different levels of the jewelry supply chain. Pandora A / S, Signet Jewelers Ltd., LVMH Moet Hennessy Louis Vuitton SE and Richemont SA are the actors whose company profiling was done in the report. In this section of the report, a business overview, financial overview and business strategies of the companies have been provided.
Main topics covered:
2.1 Jewelry: an overview
2.2 Jewelry Segmentation: An Overview
3. Analysis of the American market
3.1 The US Jewelery Market: An Analysis
3.2 The United States Jewelery Market: Analysis of Metals and Stones
4.1 Impact of COVID-19
4.2 Regional impact of COVID-19
4.3 Industry response
5. Market dynamics
5.1 Growth drivers
5.1.1 Increase in disposable income per capita
5.1.2 Soaring urban population
5.1.3 Growing number of digital buyers
5.1.4 Growing number of social media users
5.1.5 Rising female workforce
5.1.6 Increase in female population
5.1.7 Increase in e-commerce retail sales
5.1.8 Increase in the number of smartphone users
5.2.1 Decline of marriages
5.2.2 Reduction in the number of independent jewelers
5.2.3 Low inflow of funds from banks and financial institutions
5.3 Market trends
5.3.1 Growing Demand for Jewelry by Millennials
5.3.2 Growing Demand for Smart Jewelry
5.3.3 High demand during holidays and special occasions
6. Competitive landscape
6.1 US Jewelry Market Players by CAGR Revenue
6.2 Players in the US jewelry market by number of stores
6.3 US Diamond Jewelry Market Players by LFL Sales Growth
7. Company profiles
7.1 Pandora A / S
7.2 Signet Bijoutiers LtÃ©e.
7.3 LVMH MoÃ«t Hennessy Louis Vuitton SE
7.4 Richemont SA
For more information on this report, visit https://www.researchandmarkets.com/r/1amozx
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SOURCE Research and Markets