PROSPECTS AND OPPORTUNITIES
Luxury jewellery brands leverage art integration to showcase heritage
Storytelling is a vital component for fine jewellery brands, serving as a bridge between their heritage and the emotional engagement of consumers. With sluggish retail sales under economy uncertainties, fine jewellery brands are reviewing their strategies for the long term.
Jewellery brands utilise collaborations to appeal to younger audience
In a bid to stay relevant and captivate the attention of younger consumers, leading jewellery brands are increasingly turning to strategic brand collaborations. Recognising the evolving preferences and shopping habits of millennials and Generation Z, these established jewellery labels are forging partnerships with popular Intellectual Properties (IP) to launch new limited-edition collections.
Sustainability in jewellery designs
With the rising trend of sustainable concepts in the fashion world, sustainability in jewellery design is becoming increasingly crucial as consumers demand more ethical and environmentally-friendly practices from brands. It is expected that innovative designs based around sustainability, such as recycled raw materials, will be the focus for future jewellery development.
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Overview:
Understand the latest market trends and future growth opportunities for the Jewellery industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Jewellery industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Jewellery in Hong Kong, China report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Jewellery in Hong Kong, China?
- Which are the leading brands in Jewellery in Hong Kong, China?
- How significant is tourism in determining sales and demand for Jewellery in Hong Kong, China?
- How are COVID-19 and global recession impacting demand for Jewellery in Hong Kong, China?
- In the wake of COVID-19, how soon can Jewellery be expected to recover? Where are the opportunities for growth now?
- Where is future growth expected to be most significant?
Jewellery in Hong Kong, China - Category analysis
KEY DATA FINDINGS
Sluggish jewellery sales due to reduced tourist spending power
Surge in gold price impacts demand for fine jewellery in Hong Kong
Chow Tai Fook embarks on brand transformation to target younger customers
Luxury jewellery brands leverage art integration to showcase heritage
Jewellery brands utilise collaborations to appeal to younger audience
Sustainability in jewellery designs
Personal Accessories in Hong Kong, China - Industry Overview
Personal accessories in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for personal accessories?
DISCLAIMER
The following categories and subcategories are included:
Jewellery
- Costume Jewellery
- Fine Jewellery
Jewellery
Jewellery is a kind of personal adornment usually made with various precious and semi-precious materials such as gemstones, precious metals, beads, glass, and shells. Jewellery is segmented as either real or costume jewellery. Hair Accessories are not included as part of Real or Costume jewellery.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Jewellery research and analysis database.
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