The decline in the number of marriages occurring negatively affected jewellery in general but not luxury jewellery. The average age of first marriages continued to rise – women at age 30 and men 33 in 2017. Consumers in this age bracket typically are more affluent than those in their 20s and tend to purchase luxury brands for wedding jewellery. The brand matters to these consumers and they do not mind the unit price difference with non-luxury brands.
Euromonitor International's Luxury Jewellery in South Korea report offers a comprehensive guide to the size and shape of the Luxury Jewellery market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Jewellery retailing along with the development of consumers’ shopping patterns. Forecasts to 2023 illustrate how the market is set to change
Product coverage: Luxury Costume Jewellery, Luxury Fine Jewellery.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Luxury Jewellery market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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Summary:
Get latest Market Research Reports on Luxury Jewellery. Industry analysis & Market Report on Luxury Jewellery is a syndicated market report, published as Luxury Jewellery in South Korea. It is complete Research Study and Industry Analysis of Luxury Jewellery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.