Report Description

Saudi Arabia Gold & Diamond Jewelry Market By Type (Gold, Diamond in Gold & Diamond), By Distribution Channel (Exclusive Showrooms, Online & Others), By Organized Vs. Unorganized, Competition Forecast & Opportunities, 2012 – 2022

Saudi Arabia gold & diamond jewelry market stood at $ 3.88 billion in 2016, and is projected to surpass $ 6 billion by 2022, on the back of rising young population, availability of exclusively designed elegant jewelry and rising economic development in the country. Additionally, growing e-commerce penetration and network expansion by various leading global jewelry manufacturers across the country is expected to aid the Saudi Arabia gold & diamond jewelry market in the coming years.  

Years considered for this report:

Historical Years: 2012-2015

Base Year: 2016

Estimated Year: 2017

Forecast Period: 2018-2022

Objective of the Study:

  • To analyze and forecast the size of Saudi Arabia gold & diamond jewelry market.
  • To define, classify and forecast Saudi Arabia gold & diamond jewelry market on the basis of type, distribution channel, organized/unorganized sector and regional distribution.
  • To analyze and forecast the market share, in terms of value, for gold & diamond jewelry with respect to Organized Vs. Unorganized sectors.
  • To analyze and forecast the market share, in terms of value, for Saudi Arabia gold & diamond jewelry market with respect to distribution channels, namely, exclusive showrooms, multi-branded jewelry showrooms and online platforms.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting the Saudi Arabia gold & diamond jewelry market into western region, northern & central region, eastern region and southern region.
  • To identify tailwinds and headwinds for the Saudi Arabia gold & diamond jewelry market.
  • To examine supply chain in Saudi Arabia gold & diamond jewelry market.
  • To strategically profile the leading players operating in gold & diamond jewelry in Saudi Arabia.

 

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Saudi Arabia gold & diamond jewelry market is controlled by these major players, namely, Damas Saudi Arabia Company Ltd., Malabar Gold & Diamonds, L’azurde Company for Jewelry, Joyalukkas, Gitanjali Gems, Titan International (Middle East) FZE, Taiba for Gold and Jewellery Co., Ltd, Atlas Jewellery, Tiffany & Co., and Malak Jewellery.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of gold & diamond jewelry manufacturers and suppliers in Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels, and regional presence of all major gold & diamond jewelry players across the country.

TechSci Research calculated the size for Saudi Arabia gold & diamond jewelry market using a bottom-up approach, wherein manufacturer’s value share data for different jewelry types (Gold, Diamond in Gold & Diamond) was recorded and forecast for future years. TechSci Research sourced these values from industry experts and company representatives and externally validated the same by analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as directories, databases including International Monetary Fund (IMF), World Gold Council, Company Annual Reports, World Bank, Industry Magazines, Government databases, News Dailies, Credible Paid Databases, Proprietary Database, White Papers and Investor Presentations were also reviewed by TechSci Research.

 

Key Target Audience:

  • Gold & diamond jewelry manufacturers and traders
  • Organizations, forums and alliances related to gold & diamond jewelry
  • Government bodies such as regulating authorities and policy makers
  • Research organizations and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as gold & diamond jewelry manufacturers, distributors and policy makers. The study would also help the industry stakeholders in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on the growth of the market.

Report Scope:

In this report, the Saudi Arabia gold & diamond jewelry market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market, by Type:
    • Gold
    • Diamond in Gold
    • Diamond
  • Market, by Distribution Channel:
    • Exclusive Showrooms
    • Multi-branded Jewelry Showrooms
    • Online
  • Market, by Geography:
    • Western Region
    • Northern & Central Region
    • Eastern Region
    • Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in Saudi Arabia gold & diamond jewelry market.

Voice of Customers: Customer analysis by considering parameters, such as brand awareness, primary sources of information, customer spending pattern, factors influencing purchase decision and factors influencing brand switching.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across all major regions.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

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