About Online Jewelry Retail
Online jewelry retail includes numerous jewelry items selling online through websites or mobile apps. The market is likely to grow over the coming years, considering the retail value sales of numerous jewelry items through the online channel. The Increasing sales of fashion jewelry through specialty and fashion e-retailers coupled with growing adoption of omnichannel strategy is likely to boost the growth of the global online jewelry retail market over the coming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
CAGR | 12.5% |
Analyst at AMA Research estimates that Japanese, and United States Vendors will contribute the maximum growth to Global Online Jewelry Retail market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Allurez (United States), Eve's Addiction (United States), The Zale Corporation (United States), ebay Inc.(United States), Overstock.com (United States), Tiffany & Co (United States), The Goldenwest Diamond Corporation (United States), Mikimoto (Japan), Anjolee (United States) and Kay Jewelers (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Harry Winston (United States), Ice.com (United States) and Blue Nile (United States).
Segmentation Overview
AMA Research has segmented the market of Global Online Jewelry Retail market by Type (Store Brand/ Single Brand and Multi-Brand) and Region.
On the basis of geography, the market of Online Jewelry Retail has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by End User, the sub-segment i.e. Men will boost the Online Jewelry Retail market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Personalization and customization of jewelry
Market Growth Drivers:
Increasing sales of fashion jewelry through specialty and fashion e-retailers and Growing adoption of omnichannel strategy
Restraints:
offline jewelry stores
Opportunities:
Emerging markets
Market Leaders and their expansionary development strategies
In April 2021, Nykaa Fashion, the fashion e-commerce platform of Nykaa, on Monday announced the acquisition of online jewellery brand Pipa Bella.
In In January 2023, Vrai & Oro, LLC launched the brides fine jewelry collection VRAI x Brides. The collection includes engagement rings, wedding bands, earrings, necklaces, and bracelets.
Key Target Audience
Online jewelry retailers, Jewelry Manufacturers, Raw Material Suppliers, Distributors, traders, End Users, Associations and Industry Bodies, Government & Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.