·
Asia Online Jewellery Market is expected to reach
USD 35 billion in terms of revenue by 2019.
·
Future growth of Asia online Jewellery industry
is expected to be led by increasing internet penetration, rising living
standards and personal disposable income of the Asian population.
Ken Research announced its latest publication
on “Asia Online Jewellery Market Outlook
to 2019 - Driven by Lucrative
Discounts and Rising Online Buyers” which provides a comprehensive analysis
of online Jewellery in India and China. Additionally, the report provides a
snapshot of online Jewellery market in Japan, Singapore and Indonesia. The
report covers various aspects such as market size of Asia online Jewellery market
by revenue generated. Additionally, market segmentation on the basis of types
of metals & gemstones, major regions and types of Jewellery has also been
covered extensively for India and China. The report is useful for Online and Offline Jewellery retailers
conducting operations in countries such as India, China, Japan, Singapore and
Indonesia.
 |
| Asia Jewellery Market |
The online Jewellery industry is one of the most dynamic industries and
plays an important role in the luxury goods market across Asia. The growth has majorly originated from
increasing internet penetration and rising disposable incomes. The Asia online Jewellery market has grown at a CAGR of ~% as it was valued at USD ~ million in
2011 and increased to USD ~ million by 2014.
The Indian
online Jewellery market is at a nascent stage as the market was incepted in the
year 2011. However, it has displayed robust growth as the market size increased
from USD ~ million in 2011 to USD ~ million in 2014. The market comprises large
players such Caratlane, Bluestone, Jewelsouk and Velvetcase among others. The
average buying size differs from company to company and product to product in
the Indian market. Caratlane has been dominating in the Indian market as it
held a share of ~% in 2014. It was followed by Bluestone with a market share of
~%.
The Chinese market
has grown exponentially over the past 6 years. It was valued at USD ~ million
in 2014. The market continues to be fragmented due to the presence of over 100
online players. The market is dominated by Chow Tai Fook, Zbird, Chow Sang Sang
and Zocai among others. Future growth of the market would be led by rise in
demand in low tiered cities and deeper internet penetration. The Indonesian
market comprises very few players namely Orori, Jaras jewelers and Silverberry.
However, the average buying size is significantly higher in the Indonesian
market as compared to the Indian and Chinese market.
In Singapore
Annielka, Michael Trio and Hanna Lee are some of the major players in the
market. The market provides ideal conditions for setting up an online Jewellery
shop in the country. The Singaporean online Jewellery market was valued at USD
~ million in 2014. The Japanese Jewellery market continues to be dominated by
offline retailers. Some of the major online players are Tsutsumi Jewellery,
Tiffany and Co and Ginzatanaka among others.
According to the
research report, the Asian online Jewellery market will grow at a considerable
CAGR of ~% thus inclining to USD ~ million by 2019, due to increasing awareness
about the uses of internet, increasing internet penetration and rising personal
disposable income. According to an Industry Veteran “A hike
in the investment activity and technological advancements will result in market
growth. Additionally, safety concerns with respect to using internet for
transactions and glitches in the online channel act as hindrances in the Asian online Jewellery market”.
Key Topics Covered in the Report:
-
Asia
Online Jewellery Market
-
Asia
Online Jewellery Market Segmentation by Geography
-
Asia
Online Jewellery Market Future Outlook and Projections
-
Market
Size of Online Jewellery by Revenue for India and China
-
Customer
Profiles
-
Market
Segmentation for India and China by
o
Types
of Jewellery
o
Types
of Metals and Gemstones
-
Trends
and Developments
-
Major
Opportunities
-
Major
Challenges
-
Competition
and Market Share
-
Future
Outlook and Projections
-
Macro
Economic Parameters
-
Snapshot
of Japan, Singapore and Indonesia Online Jewellery Market
Companies Covered in the Report
-
Singapore: Annielka, Michael Trio, Abiraaame,
Hanna Lee
-
Indonesia: Orori and Silverberry
-
Japan: Tsutsumi Jewellery, Ginzatanaka, Oztokyo, TiffanyJewellery
-
China: Chow Tai Fook, Chow Sang Sang, Zbird, Luk Food, Kela
Diamond
-
India: CaratLane, Bluestone, JewelSouk, Candere, VelvetCase
Related Reports:
India Watch Industry
Outlook to 2018 - Premium Segment and Online Retail to Lead the GrowthSource: https://www.kenresearch.com/consumer-products-and-retail/global-luxury-goods-market/asia-online-jewellery-market-research-report/634-95.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-11-47017199
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