Ticking up: Despite uncertainty, strong demand is expected to maintain revenue growth

The Watch and Jewellery Wholesaling industry has kept its sparkle over the past five years. Improving economic conditions supported demand for discretionary and luxury goods. Demand was particularly strong in the first half of the period, because the world price of gold fell from 2013 through 2015 and the world price of silver declined from 2012 through 2015, while household disposable income levels, demand from downstream watch and jewellery retailers and consumer confidence all rose. These factors are expected to have boosted industry revenue in the first half of the period. However, metal prices have risen since the EU referendum due to a lack of confidence in capital markets...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • High precious metal prices and weak consumer spending limited growth since the referendum
  • Growing disposable income over much of the period supported demand for the industry’s discretionary products
  • Declining precious metal prices are expected to limit revenue, though margins are anticipated to benefit
  • Industry Report - Industry Investment Chapter

    On average, for every £1.00 spent on labour industry operators spend £6.31 on capital. This represents a medium level of capital intensity, in line with high industry depreciation and low wage costs. Industry players principally lease out premises, forgoing depreciation on major assets. Equipment in the industry relates to communication, inventory control and security. Security equipment is a major capital expense for the industry and makes up the lion's share of industry capital expenditure. Over the past five years, depreciation costs for the industry have been declining as only a moderate level of technological change has taken place.Labour consists of customer service operators, buyers and delivery staff. As ...purchase to read more.

    Additional Insights for the Watch & Jewellery Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Watch & Jewellery Wholesaling Industry are

  • Ability to avoid wholesale bypass
  • Ability to alter goods and services produced in favour of market conditions
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as Demand from jewellery and watch stores and Real household disposable income in the Watch & Jewellery Wholesaling industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Watch & Jewellery Wholesaling Industry?

    Companies in the industry wholesale watches, clocks, fine jewellery and imitation jewellery. More specifically, operators wholesale jewellery products such as rings, bracelets, earrings and necklaces. These may be manufactured from a variety of raw materials such as gold, silver, platinum, plastic, glass or wood.

    Industry Products
  • Watches and clocks
  • Imitation jewellery
  • Fine gold jewellery
  • Fine platinum jewellery
  • Fine silver jewellery
  • Industry Activities
  • Wholesaling watches and clocks
  • Wholesaling imitation jewellery
  • Wholesaling jewellery made from precious metals
  • Wholesaling rings
  • Wholesaling necklaces and pendants
  • Wholesaling earrings
  • Wholesaling bracelets
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from jewellery and watch stores
  • Real household disposable income
  • World price of gold
  • Consumer confidence index
  • Real effective exchange rate

  • Current Performance
  • Sparkling opportunities
  • A timely recovery
  • Referendum effects
  • Dull returns
  • Wholesale bypass
  • High-end watches
  • Chart: Revenue Growth

  • Industry Outlook
  • Improving demand
  • Competition and bypass
  • Product mix
  • Table: Watch & Jewellery Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Watch & Jewellery Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Department Stores
  • Clothing Retailing
  • Jewellery & Watch Stores
  • E-Commerce & Online Auctions

  • Key Selling Industries
  • Jewellery Manufacturing
  • Manufacture of Imitation Jewellery and Related Articles

  • Products & Services
  • Watches and clocks
  • Fine gold jewellery
  • Imitation jewellery
  • Fine platinum jewellery
  • Fine silver jewellery
  • Other
  • Chart: Watch & Jewellery Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Specialised jewellery stores
  • Other
  • Department stores
  • Clothing stores
  • Stalls and markets
  • Chart: Major Market Segmentation for the Watch & Jewellery Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Watch & Jewellery Wholesaling

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Watch & Jewellery Wholesaling Industry

  • Industry Globalization
    The Rolex Watch Company Ltd, Rhone Products (UK) Limited,
  • Table: The Rolex Watch Company Ltd - financial performance
  • Table: Rhone Products (UK) Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Watch & Jewellery Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Watch & Jewellery Wholesaling Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A measure of the purity of gold.
  • Hallmark
  • A mark on jewellery that indicates the item has met a standard of purity.
  • Palladium
  • A silvery-white coloured precious metal similar in appearance to platinum.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Watch & Jewellery Wholesaling market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Watch & Jewellery Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Watch & Jewellery Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Watch & Jewellery Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Would you like to speak to an IBISWorld representative?