Thursday, June 2nd, 2016 - WiseGuyReports

WiseGuyReports.com adds“China Jewelry, Watches and Accessories Retailing to Grow at CAGR 13.12% Forecast to 2020”reports to its database.

COMPLETE REPORT DETAILS @ https://www.wiseguyreports.com/reports/jewelry-watches-and-accessories-retailing-in-forecasts-to-2020

Summary 
The retail market of jewelry, watches and accessories is anticipated to experience a CAGR of 13.12% over the forecast period, to achieve a sales value of CNY1,451 billion in 2020. Factors that positively drive the market include the expanding middle class investing in jewelry and watches as symbols of their higher status, coupled with their growing disposable income and living standards. The jewelry, watches, and accessories market constitutes 3.4% of total retail sales in 2015.

Key Findings 
• The demand for jewelry, watches, and accessories in China is anticipated to experience a CAGR of 13.12% over the forecast period

• A rising middle class with increased disposable income and altering lifestyles are driving retail demand and retailer’s expansion plans in tier lll and tier lV cities will drive further growth

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• Per capita spending on jewelry, watches, and accessories is expected to grow at a CAGR of 12.53% in 2015–2020.

• The online mode of retailing in jewelry, watches, and accessories sector is forecast to reach CNY190.5 billion by 2020, with a CAGR of 19.83% during 2015–2020

Synopsis 
“Jewelry, Watches and Accessories Retailing in China – Market Summary & Forecasts” ” is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.

What else does this report offer?

• A thorough analysis of consumer trends changing economic and population factors

• Both qualitative and quantitative insights and analysis of the shifting jewelry, watches and accessories retail dynamics from 2010 to 2020

• Sales of jewelry, watches and accessories through the following channels from 2010 to 2020: Clothing, footwear, accessories and luxury goods specialists; department stores; other specialist retailers; online; hypermarkets, supermarkets and hard-discounters; other general and non-specialist direct retailers; duty free retailers

• An overview of key jewelry, watches and accessories retailers operating across China and their presence across distribution channels

Reasons To Buy 
• Gain a comprehensive knowledge on jewelry, watches and accessories sector in the China retail market and develop a competitive advantage from the start of your supply chain

• Investigate current and forecast behaviour trends in jewelry, watches and accessories category to identify the best opportunities to exploit

• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior

• Understand the fastest growing categories including jewelry, watches and accessories, with insights on performance across key channels from 2010, with forecasts until 2020

• Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the jewelry, watches and accessories market

• Analysis of key international and domestic players operating in the jewelry, watches and accessories market – including store counts and revenues that give you a competitive edge - identify opportunities to improve your market share

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For more information or any query mail at [email protected]

Table Of Content

1 Introduction 
    1.1 What is this Report About? 
2 Executive Summary & Outlook 
3 Market Context 

    3.1 A steady economy with major growth potential for retailers 
      3.1.1 China's economy is increasing despite a declining growth rate 
      3.1.2 Savings are always a top priority for Chinese 
      3.1.3 Employment shift from unskilled to skilled, rural to urban, manufacturing to service industries 
      3.1.4 Inflation rate remains as a major concern 
      3.1.5 Household consumption trebles driving spending power 
    3.2 Large population with growing prosperity makes China a big attraction for retail 
4 Chinese Shoppers 
    4.1 From functional to emotional 
    4.2 More opportunity for niche brands and mass market retailers 
    4.3 Shopping - a leisure activity 
    4.4 Two major events drive retail spend in China 
    4.5 High adoption of smartphones and tablets for shopping 
    4.6 Counterfeiting forces consumers to trade up to premium for quality assurance 
    4.7 Tourism /travel increases awareness of international brands 
      4.7.1 China remains as the second largest Duty Free market in 2020 
5 Doing business in China 
    5.1 Summary 
    5.2 Anti-corruption crackdown requires careful handling for foreign businesses 
    5.3 Complex licensing procedures a hindrance for foreign retailers 
    5.4 Favourable tax structure to encourage domestic and foreign investments 
    5.5 Impact of government regulations on the luxury market 
6 Retail - Product Sectors 
    6.1 Product Sector Analysis 
      6.1.1 Jewelry, Watches and Accessories 
      6.1.2 Jewelry, Watches and Accessories Category Overview 
    6.2 Major Retailers 
      6.2.1 Jewelry, watches and accessories retailers 
7 Appendix 
    7.1 Definitions 
      7.1.1 This report provides 2015 actual sales; while forecasts are provided for 2016 - 2020 
    7.2 Summary Methodology 
      7.2.1 Overview 

CONTINUE…….

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Keywords

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