Jewellery in the Philippines - New Market Research Report

From: Fast Market Research, Inc.
Published: Sat Mar 14 2015

Jewellery recorded a positive current value growth in 2014, despite slightly slowing versus 2013. Consumers’ rising image consciousness was the key contributor to the performance of jewellery, as they invested in jewellery to accessorise their outfits. Improved disposable incomes of consumers towards the end of the review period also contributed to their willingness to invest in jewellery.

Competitive Landscape

Unisilver Group International Corp recorded the strongest increase in value share to reach 7%, therefore strengthening its lead in jewellery during 2013. The player’s comprehensive range of silver jewellery at affordable prices managed to attract consumers towards the end of the review period, especially due to its established presence earning consumers’ trust in the product quality offered. Furthermore, the player has a widespread distribution network that allows consumers to have easy access to their silver jewellery.

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Industry Prospects

Jewellery is expected to record positive constant value performance over the forecast period. Consumers’ rising sophistication and image consciousness with their exposure to international fashion trends via the internet, magazines and other media will raise their demand for jewellery as accessories. Furthermore, consumers’ disposable incomes are expected to increase in the forecast period, therefore raising their ability to purchase different jewellery pieces just to match their outfits accordingly.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Jewellery industry in Philippines 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 Philippines, our research will save you time and money while empowering you to make informed, profitable decisions.

The Jewellery in Philippines 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

Our market research reports answer questions such as:

* How do sales of costume jewellery compare to real jewellery in Philippines?
* What type of jewellery is most popular: rings, wristwear, neckwear, or earrings?
* What are the prospects for non-store retailing in jewellery?

Reasons to Get this Report

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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.
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