LONDON--(BUSINESS WIRE)--Jul 2, 2020--
Technavio has been monitoring the global online jewelry market size and it is poised to grow by USD 19.88 billion during 2020-2024, progressing at a CAGR of over 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Online Jewelry Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CHANEL Ltd., Chopard Group, Chow Tai Fook Jewellery Co. Ltd., Compagnie Financière Richemont SA, Graff Diamonds Ltd., Kering SA, LVMH Moët Hennessy - Louis Vuitton, Signet Jewelers Ltd., The Swatch Group Ltd., and Titan Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The innovation in jewelry design and technology has been instrumental in driving the growth of the market. However, the decline in demand for gold jewelry might hamper market growth.
Online Jewelry Market 2020-2024 : Segmentation
Online Jewelry Market is segmented as below:
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Online Jewelry Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our online jewelry market report covers the following areas:
This study identifies the rise in Internet penetration and m-commerce as one of the prime reasons driving the online jewelry market growth during the next few years.
Online Jewelry Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the online jewelry market, including some of the vendors such as CHANEL Ltd., Chopard Group, Chow Tai Fook Jewellery Co. Ltd., Compagnie Financière Richemont SA, Graff Diamonds Ltd., Kering SA, LVMH Moët Hennessy - Louis Vuitton, Signet Jewelers Ltd., The Swatch Group Ltd., and Titan Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the Online Jewelry Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Online Jewelry Market 2020-2024 : Key Highlights
Table Of Contents :
Five Forces Analysis
Market Segmentation by Product
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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INDUSTRY KEYWORD: ONLINE RETAIL RETAIL LUXURY
SOURCE: Technavio Research
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PUB: 07/02/2020 10:00 PM/DISC: 07/02/2020 10:00 PM