Jewellery in Indonesia - New Report Available

From: Fast Market Research, Inc.
Published: Wed Mar 11 2015

In 2014, jewellery in Indonesia accrued volume growth of 6%, slightly higher than the 5% volume CAGR seen over the review period. Driven by urbanisation and rising number of middle-income consumers, a higher number of Indonesians became more appearance-conscious, caring more about their image and showing their personality. The trend contributed to strong sales growth of both costume and real jewellery during 2014. Players attempted to drive the category by launching new products, together with pushing competitive pricing promotions and marketing activities, which further benefited the category.

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Competitive Landscape

The majority of jewellery in the Indonesian market is sold unbranded and the market remains very fragmented, with only a minority of sales accounted for by international and domestic players. In Indonesia, there is vast number of widespread traditional independent gold jewellery shops commonly situated in the traditional markets. Traditional gold shops are normally run privately by independent owners on a smaller scale compared to retail chains of jewellery companies that own multiple stores and are also commonly set up using the franchise system.

Industry Prospects

Over the forecast period, jewellery in Indonesia is anticipated to show a constant value CAGR of 8%. It is likely to see increasing prices of precious metals and stones, causing a lively performance for real jewellery. Moreover, Indonesian people will become more appearance conscious, caring more about their image and personality. The trend will be likely to contribute to sales of both costume and real jewellery. Players will attempt to drive the category by launching new products, together with pushing competitive pricing promotions and marketing activities.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Jewellery industry in Indonesia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Jewellery industry in Indonesia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Jewellery in Indonesia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

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You may also be interested in these related reports:

- Jewellery in the United Kingdom
- Jewellery in China
- Jewellery in Canada
- Jewellery in Germany
- Jewellery in the United Arab Emirates
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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