UAE gems and jewelry market stood at $ 7.3
billion in 2016, and is projected to grow at a CAGR of 9% during 2016-2022, to
reach $ 12.2 billion. Growth is expected to be driven by increasing urbanization,
rising disposable income, changing consumer lifestyle, growing e-commerce and organized
retail channels, coupled with innovative and premium product launches by
leading jewelry players in the UAE.
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 market size of UAE gems and jewelry market, in
terms of value.
- To
define, classify and forecast the UAE gems and jewelry market on the basis
of type, distribution channel, region and company.
- To
analyze and forecast the market share, in terms of value, for gems and
jewelry with respect to Organized and Unorganized segments.
- To
analyze and forecast the market share, in terms of value, for UAE gems and
jewelry market with respect to distribution channel: Exclusive Showrooms,
Multi-Branded Jewelry Showrooms & Online.
- To
scrutinize the detailed market segmentation and forecast the market size,
in terms of value, on the basis of region by segmenting the UAE market
into Dubai, Abu Dhabi, Sharjah & Others (Rest of UAE).
- To
identify tailwinds and headwinds for the UAE gems & jewelry market.
- To examine
supply chain & Porter’s Five Force analysis in UAE Gems & Jewelry market.
- To
strategically profile the leading players in the market, which are
involved in the production and supply of gems and jewelry in the UAE.
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UAE
Gems and Jewelry market is controlled by these major players, namely– Damas
International Limited, Joyalukkas, Titan International (Middle East) FZE,
Gitanjali Gems Limited, Tiffany & Co., Malabar Gold & Diamonds, Ceylon
Master Gems FZCO, Atlas Jewelry LLC, Pure Gold Jewellers LLC, Sky Jewellers
LLC, etc.
TechSci
Research performed both primary as well as exhaustive secondary research for
this study. Initially, TechSci Research sourced a list of gems and jewelry manufacturers
and suppliers in the UAE. 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 gems
and jewelry players operating across the country.
TechSci
Research calculated the market size for UAE Gems and Jewelry market using a
bottom-up approach, where manufacturer’s value shares data for type (Gold, Diamond in
Gold, Gemstones, Diamond, Silver & Others) was recorded and
forecast for the 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
such as, United Nations Conference on Trade and Development (UNCTAD), UAE
Department of Tourism & Commerce Marketing, Company Annual Reports, World
Bank, Industry Magazines, Government databases, News Dailies, Credible Paid Databases,
Proprietary Database, White Papers and Investor Presentations were also used by
the TechSci Research.
Key Target Audience:
- Gems
and Jewelry manufacturers and traders
- Organizations,
forums and alliances related to gems and jewelry
- Government
bodies such as regulating authorities and policy makers
- Market
research and consulting firms
The study is useful in
providing answers to several critical questions that are important for the
industry stakeholders such as gems and jewelry manufacturers, distributors and
dealers, customers and policy makers. The report would also aid the
stakeholders in identifying which market segments should be targeted over the
coming years to strategize investments and capitalize on the emerging growth
opportunities.
Report Scope:
In this report, the UAE gems
and 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
- Gemstones
- Diamond
- Silver
- Others
- Market, by Distribution Channel:
- Exclusive
Showrooms
- Multi
Branded Jewelry Showrooms
- Online
- Market, by Geography:
- Dubai
- Abu
Dhabi
- Sharjah
- Others
Competitive
Landscape
Company Profiles: Detailed
analysis of the major companies present in UAE gems & jewelry market.
Voice of Customers Customer Analysis by
considering below mentioned parameters- Brand Awareness, Source of
Knowledge/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 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