PROSPECTS AND OPPORTUNITIES
Fine jewellery leads value sales, however, retail volume growth is expected to struggle in all areas
Retail value growth is expected to remain positive for jewellery throughout the forecast period. Swiss consumers' strong financial position will help sales of fine jewellery, which will continue to account for the majority of value sales, due to the higher unit price points.
Sustainability concerns are expected to drive the use of lab diamonds and recycled gold
Swiss consumers are increasingly becoming more conscious of sustainability, a trend expected to influence their purchasing decisions over the forecast period, especially in the jewellery sector. As awareness grows, the demand for more sustainable and ethically produced jewellery will likely intensify.
Gold jewellery will face challenges due to high prices while silver will continue to dominate
The surge in gold prices significantly impacted gold jewellery sales in 2024, with the overall share of gold jewellery declining as a result. The increased cost of gold made it less accessible for some consumers, causing a shift in demand towards more affordable materials.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Jewellery industry in Switzerland 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 Switzerland, 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 Switzerland 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 Switzerland?
- Which are the leading brands in Jewellery in Switzerland?
- How significant is tourism in determining sales and demand for Jewellery in Switzerland?
- How are COVID-19 and global recession impacting demand for Jewellery in Switzerland?
- 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 Switzerland - Category analysis
KEY DATA FINDINGS
Retail volume decline for fine jewellery, while costume jewellery benefits from its affordability
Lab grown diamonds fail to capture consumer interest in Switzerland
Cartier International retains its lead, benefiting from offering investment pieces
Fine jewellery leads value sales, however, retail volume growth is expected to struggle in all areas
Sustainability concerns are expected to drive the use of lab diamonds and recycled gold
Gold jewellery will face challenges due to high prices while silver will continue to dominate
Personal Accessories in Switzerland - 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.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!