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MarketLine Department
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Jewelry & Watches in Singapore

Summary

Jewelry & Watches in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Singapore jewelry & watches market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The Jewelry, Watches and Accessories market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds and rubies), pearls (natural and cultured) and semi-precious stones (e.g. quartz, opal, topaz, amethyst, coral etc.), fashion jewelry (non-precious jewelry), hair accessories, belts, hats, gloves, scarves, sunglasses and ties, plus watches.
- The Singaporean jewelry & watches market is expected to generate total revenues of $4,300.9m in 2017, representing a compound annual growth rate (CAGR) of 2.3% between 2013 and 2017.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 3.5% for the five-year period 2017 - 2022, which is expected to drive the market to a value of $5,119.0m by the end of 2022.
- An interesting development in the market is coming from those that make luxury purchases, Singaporeans are no longer drawn as much to the prestige and status that come with high-end brands and this might be troubling for the established brands that have carefully cultivated their brand image. Instead, product performance and aesthetics are what fuel the appetite of local shoppers. Overall the pickup of the Chinese market will help to fire up the Singaporean market too and this is part of the reason for a good growth forecast in this market.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the jewelry & watches market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry & watches market in Singapore
- Leading company profiles reveal details of key jewelry & watches market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore jewelry & watches market with five year forecasts

Reasons to buy

- What was the size of the Singapore jewelry & watches market by value in 2017?
- What will be the size of the Singapore jewelry & watches market in 2022?
- What factors are affecting the strength of competition in the Singapore jewelry & watches market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's jewelry & watches market?
Provider
MarketLine
MarketLine

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