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Jewelry & Watches in South Africa

Summary

Jewelry & Watches in South Africa 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 South Africa 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 South African jewelry & watches market is expected to generate total revenues of $1,025.3m in 2017, representing a compound annual growth rate (CAGR) of 5.6% between 2013 and 2017.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 5.9% for the five-year period 2017 - 2022, which is expected to drive the market to a value of $1,365.4m by the end of 2022.
- The South African market is comparatively rather small and underdeveloped. Despite some presence from the big players, luxury goods of all kinds are being to gain in popularity as the middle class and affluent consumers continue to evolve. Many analysts and market players see Africa as a long term growth opportunity for the watches and jewelry market and so we are likely to see a range of big players investing in South Africa over the coming years.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the jewelry & watches market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry & watches market in South Africa
- 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 South Africa jewelry & watches market with five year forecasts

Reasons to buy

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