Jewellery in Singapore

January 2024 | 21 pages | ID: JBBBDA66923EN
Euromonitor International Ltd

Abstracts

The removal of most health-related restrictions in Singapore in 2022 gave rise to much higher sales of jewellery, as consumers in Singapore still prefer to shop for big-ticket items such as fine jewellery in-store to alleviate fears of delivery faults and hassles. After seeing a significant decline in 2020, the growth in consumer expenditure in 2021 and 2022 reflected a rebound in consumer confidence in spending, as the Singapore economy worked towards recovery, which also set the stage for incr...

Euromonitor International's Jewelleryin Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2019-2023), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Costume Jewellery, Fine Jewellery.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Jewellery market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Jewellery in Singapore
Euromonitor International
January 2024

LIST OF CONTENTS AND TABLES

JEWELLERY IN SINGAPORE
KEY DATA FINDINGS

2023 DEVELOPMENTS

Post-pandemic engagement momentum drives faster growth for fine jewellery compared with costume jewellery in 2023
Flourishing of local brands leads the premiumisation of costume jewellery
E-commerce sales continue to grow, but jewellery and watch specialists continues to dominate fine jewellery
PROSPECTS AND OPPORTUNITIES
Sales of jewellery unlikely to decline even amongst inflationary pressures and tax increases
Lab-grown diamonds strike a chord amongst younger consumers through their key benefits – affordability, sustainability, and personalisation
Unit prices of costume jewellery set to increase along with premiumisation of local brands
CATEGORY DATA
Table 1 Sales of Jewellery by Category: Volume 2018-2023
Table 2 Sales of Jewellery by Category: Value 2018-2023
Table 3 Sales of Jewellery by Category: % Volume Growth 2018-2023
Table 4 Sales of Jewellery by Category: % Value Growth 2018-2023
Table 5 Sales of Costume Jewellery by Type: % Value 2018-2023
Table 6 Sales of Fine Jewellery by Type: % Value 2018-2023
Table 7 Sales of Fine Jewellery by Collection: % Value 2018-2023
Table 8 Sales of Fine Jewellery by Metal: % Value 2018-2023
Table 9 NBO Company Shares of Jewellery: % Value 2019-2023
Table 10 LBN Brand Shares of Jewellery: % Value 2020-2023
Table 11 Distribution of Jewellery by Format: % Value 2018-2023
Table 12 Forecast Sales of Jewellery by Category: Volume 2023-2028
Table 13 Forecast Sales of Jewellery by Category: Value 2023-2028
Table 14 Forecast Sales of Jewellery by Category: % Volume Growth 2023-2028
Table 15 Forecast Sales of Jewellery by Category: % Value Growth 2023-2028
PERSONAL ACCESSORIES IN SINGAPORE
EXECUTIVE SUMMARY
Personal accessories in 2023: The big picture

2023 KEY TRENDS

Competitive landscape
Retailing developments
What next for personal accessories?
MARKET DATA
Table 16 Sales of Personal Accessories by Category: Volume 2018-2023
Table 17 Sales of Personal Accessories by Category: Value 2018-2023
Table 18 Sales of Personal Accessories by Category: % Volume Growth 2018-2023
Table 19 Sales of Personal Accessories by Category: % Value Growth 2018-2023
Table 20 NBO Company Shares of Personal Accessories: % Value 2019-2023
Table 21 LBN Brand Shares of Personal Accessories: % Value 2020-2023
Table 22 Distribution of Personal Accessories by Format: % Value 2018-2023
Table 23 Forecast Sales of Personal Accessories by Category: Volume 2023-2028
Table 24 Forecast Sales of Personal Accessories by Category: Value 2023-2028
Table 25 Forecast Sales of Personal Accessories by Category: % Volume Growth 2023-2028
Table 26 Forecast Sales of Personal Accessories by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources