Dallas, TX (PRWEB) June 06, 2014
In recent years, jewelry consumption has kept increasing with the people’s improved affordability and consumption level. In 2013, the global jewelry sales achieved USD184 billion, representing a year-on-year jump of 26.03%, accounting for 57.86% of the global luxury goods sales.
Mainland China is a major jewelry consumer in the world. In 2013, the jewelry sales in Chinese Mainland approximated USD75.8 billion (USD1= RMB6.2), equivalent to 41.2 % of the global consumption.
In Mainland China, the gold jewelry consumption accounts for about 50% of the total jewelry consumption. In 2013, two gold price slumps triggered spending spree; as a result, Mainland China’s gold jewelry sales volume increased significantly by 42.5% to 717 tons in 2013.
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In addition to meeting local demand, Mainland China also exports considerable jewelry.
In 2013, it exported the jewelry with total value of USD49.06 billion, up 10.5% year on year. Hong Kong is a major destination, importing the jewelry worth USD41.97 billion (up 7.44% year on year) from Mainland China in 2013, and accounting for 86% of Mainland China's total export value.
Currently, Chow Tai Fook, Lao Feng Xiang, Shanghai Yuyuan Tourist Mart, Chow Sang Sang and Luk Fook have become the leading brands in China (including Mainland China and Hong Kong). In 2013, Chow Tai Fook occupied the highest share 8.63% in the Chinese market (in terms of sales revenue) , followed by Lao Feng Xiang with 5.34 %.
Chow Tai Fook: In recent years, Chow Tai Fook has highlighted the development of the retail network in second, third and fourth-tier cities of Mainland China. More than 65% of new stores opened by the company in 2013 are located in third-tier (or below) cities.
Lao Feng Xiang: Distributors and franchisees occupy high proportions. By the end of 2013, there had been 2,624 sales outlets (an increase of 323 year on year), including 1,550 distributors (rising by 162) and 916 franchisees (ascending by 153).
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Shanghai Yuyuan Tourist Mart: In May 2013, Shanghai Yuyuan Tourist Mart merged "Laomiao Gold" and "Yayi Jewelry" into Shanghai Yuyuan Gold Jewellery Group Limited whose sales revenue increased by 14% to reach RMB20.57 billion.
Chow Sang Sang: Chow Sang Sang adopts the self-operation mode. In 2013, it opened 32 new stores in Yancheng of Jiangsu, Huzhou of Zhejiang, Datong of Shanxi, Weifang of Shandong and other cities; it added a new store in Tuen Mun V-City, Mong Kok and Jordan of Hong Kong each; it closed a branch in Taiwan while opening another two new stores.
The report highlights the following:
Few Points from Table of Contents
9. Key Jewelry Enterprises in Mainland China
9.1 Lao Feng Xiang Co., Ltd.
9.2 Shanghai Yuyuan Tourist Mart Co., Ltd.
9.3 Zhejiang Ming Jewelry Co., Ltd.
9.3.6 Sales Network
9.4 Eastern Gold Jade Co., Ltd.
9.5 Goldleaf Jewelry Co., Ltd.
9.6 Guangdong CHJ Industry Co., Ltd.
9.7 Tesiro Jewelry Inc
List of Charts
Jewelry Industry Chain
Jewelry Consumption Structure of the United States, 2013
Jewelry Consumption Structure of UK, 2013
Jewelry Consumption Structure of India, 2013
Global Jewelry Sales,2000-2015E
Global Gold Supply, 2003-2013
Global Gold Demand for Jewelry, 2003-2013
Global Gold Jewelry (by Country/Region) Demand Structure, 2013
Global Gold Price Trend, 2013-2014
Global Silver Supply, 2003-2013
Global Silver Demand Structure, 2013
Global Silver Demand for Jewelry, 2003-2013
Global Silver Price Trend, 2013-2014
Global Platinum Supply, 2003-2013
Global Platinum (by Region) Supply Structure, 2013
Global Platinum (by Region) Demand Structure, 2013
Global Platinum (by Business) Demand Structure, 2013
Global Platinum Demand for Jewelry, 2003-2013
Global Platinum Demand for Jewelry (by Country/Region), 2003-2013
Global Platinum Price Trend, 2013-2014
Growth Rate of Retail Sales in Wholesale and Retail Industries above Limits in China, 2007-2013
Market Demand Structure of Jewelry in China
China's Per Capita GDP, 2000-2013
Per Capita Disposable Income of China's Urban and Rural Residents, 2006-2016E
Wedding Consumption Structure in China
Number of Marriage Registers in China, 2006-2013
Precious Metal Trade Volume and Value in China, 2013
China's GDP Growth Rate, 2006-2016E
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