Singapore Jewelry and Watch Retail Market Summary, Competitive Analysis and Forecast to 2026
Summary
Jewelry & Watch Retail in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The Jewelry, Watches and Accessories market includes gold jewelry, silver jewelry and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds and rubies), pearls (natural and cultured) and semi-precious stones (e.g. quartz, opal, topaz, amethyst, coral etc.), fashion jewelry (non-precious jewelry), hair accessories, belts, hats, gloves, scarves, sunglasses and ties, plus watches.
- The Singaporean jewelry & watches market is forecast to generate total revenues of $3,665.6 million in 2021, representing a compound annual rate of change (CARC) of -1.5% between 2017 and 2021.
- The jewelry & watches segment was the market's most lucrative in 2021, with total revenues of $3,132.0 million, equivalent to 85.4% of the market's overall value.
- In 2020, the Singaporean jewelry market was one of the worst affected markets in the country, mainly due to decline in tourism receipts. In 2021, owing to the opening of the market and removal of travel restrictions the market surged to double-digit growth.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the jewelry & watch retail market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the jewelry & watch retail market in Singapore
- Leading company profiles reveal details of key jewelry & watch retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore jewelry & watch retail market with five year forecasts by both value and volume
- What was the size of the Singapore jewelry & watch retail market by value in 2022?
- What will be the size of the Singapore jewelry & watch retail market in 2027?
- What factors are affecting the strength of competition in the Singapore jewelry & watch retail market?
- How has the market performed over the last five years?
- How large is Singapore’s jewelry & watch retail market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do leading players follow?
- 7.3. What are the strengths of leading players?
- 7.4. Have there been any significant mergers/acquisitions in recent years?
- 8 Company Profiles
- 8.1. Aspial Corp Ltd
- 8.2. LVMH Moet Hennessy Louis Vuitton SA
- 8.3. Compagnie Financiere Richemont SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Singapore jewelry & watches market value: $ million, 2016-21
- Table 2: Singapore jewelry & watches market category segmentation: % share, by value, 2016-2021
- Table 3: Singapore jewelry & watches market category segmentation: $ million, 2016-2021
- Table 4: Singapore jewelry & watches market geography segmentation: $ million, 2021
- Table 5: Singapore jewelry & watches market distribution: % share, by value, 2021
- Table 6: Singapore jewelry & watches market value forecast: $ million, 2021-26
- Table 7: Aspial Corp Ltd: key facts
- Table 8: Aspial Corp Ltd: Annual Financial Ratios
- Table 9: Aspial Corp Ltd: Key Employees
- Table 10: LVMH Moet Hennessy Louis Vuitton SA: key facts
- Table 11: LVMH Moet Hennessy Louis Vuitton SA: Annual Financial Ratios
- Table 12: LVMH Moet Hennessy Louis Vuitton SA: Key Employees
- Table 13: LVMH Moet Hennessy Louis Vuitton SA: Key Employees Continued
- Table 14: Compagnie Financiere Richemont SA: key facts
- Table 15: Compagnie Financiere Richemont SA: Annual Financial Ratios
- Table 16: Compagnie Financiere Richemont SA: Key Employees
- Table 17: Singapore size of population (million), 2017-21
- Table 18: Singapore gdp (constant 2005 prices, $ billion), 2017-21
- Table 19: Singapore gdp (current prices, $ billion), 2017-21
- Table 20: Singapore inflation, 2017-21
- Table 21: Singapore consumer price index (absolute), 2017-21
- Table 22: Singapore exchange rate, 2018-22
- List of Figures
- Figure 1: Singapore jewelry & watches market value: $ million, 2016-21
- Figure 2: Singapore jewelry & watches market category segmentation: $ million, 2016-2021
- Figure 3: Singapore jewelry & watches market geography segmentation: % share, by value, 2021
- Figure 4: Singapore jewelry & watches market distribution: % share, by value, 2021
- Figure 5: Singapore jewelry & watches market value forecast: $ million, 2021-26
- Figure 6: Forces driving competition in the jewelry & watches market in Singapore, 2021
- Figure 7: Drivers of buyer power in the jewelry & watches market in Singapore, 2021
- Figure 8: Drivers of supplier power in the jewelry & watches market in Singapore, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the jewelry & watches market in Singapore, 2021
- Figure 10: Factors influencing the threat of substitutes in the jewelry & watches market in Singapore, 2021
- Figure 11: Drivers of degree of rivalry in the jewelry & watches market in Singapore, 2021
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