Digitalization Augmenting Jewellery, Watches and Accessories Retailing in China REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Chinese Jewellery, Watches & Accessories Retail Market is expected to grow & expand, on account of rising disposable income and changing lifestyle of Chinese consumers; however at declining rates. Online retailing will be a key distribution channel over the next five years at a CAGR of 19.83% during 2015-2020. Ken Research announced its latest publication on, “Jewellery, Watches and Accessories Retailing in China-Market Summary & Forecasts”, offer insights on the changing trends and key issues within the China’s Jewelry, Watches & Accessories Retail Market.The publication includes an insightful analysis of changing consumer behavior, changing economic and demographic factors, technology innovations, leading domestic and international players, distribution channels and regulatory framework within which theJewelry, Watches & Accessories Retail Market in China operates. The analysis of the jewelry, watches and accessories sale through leading distribution channels such as specialist stores, departmental stores, online, hypermarket, supermarket and hard discounters, non-specialist direct retailers and duty-free retailers; has been done from 2010 to 2020. Global recession slowed down the growth in China’s jewelry, watches and accessories retail market. However the rapid evolution of China’s economy into a consumption-driven economy still provides for enormous growth opportunities in the retail sector. Rising middle class with increasing disposable income and an appetite for improved personnel appearance is expected to boost the accessories and jewellery market. Counterfeiting and brand consciousness has forced consumers to trade-up to expensive options. Real jewellery is considered as an investment tool.The China Jewellery retail market size, 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. Per capita spending on jewellery, watches, and accessories is expected to grow at a CAGR of 12.53% in 2015-2020. Retailer’s expansion plans in tier lll and tier lV cities is also expected to drive further growth in the market. Another important forecast for China’s jewellery, watches & accessories retail market is the growth of online retailing as a key distribution channel; although store-based retailers such as department stores as well as jewellery and watch specialist stores will continue to dominate the distribution channel in the market. The reasons for the growth of online retailing can be attributed to increasing internet penetration, improved broadband infrastructure and access to mobiles & tablets, which has led the Chinese jewellery and accessories enterprises more inclined towards online retailing. The online mode of retailing in jewellery, watches, and accessories sector is forecast to reach CNY190.5 billion by 2020 at a CAGR of 19.83% during 2015-2020. Global Jewellery, Watches & Accessories Retail Market Jewellery & accessories market is one of the most dynamic and fast growing markets in the world. There are constant changes in the market conditions and hence in the behaviour of market participants. The jewellery & accessories market is characterized by dynamic consumer behaviour, a high degree of innovation and fierce competition, which needs suppliers to be attentive to trends and developments in the market. Some of the prominent trends in the global jewelry, watches and accessories retail market include: In accessories market, national brands are being outpaced by international brands, while jewellery market is still primarily local. Restructuring of the distribution channel landscape, with the emergence of online retailing. Global tourism, counterfeiting practices and brand consciousness has boosted the market. Increasing and changing fashion and an acceleration of supply chain process have revolutionized the market. Polarisation in accessories market through growth of high & low end market with stagnation of the middle one. Key Topics Covered in the Report: Detailed profile of the China’s Jewellery, Watches & Accessories Retail Market Consumer demographics, trends and behaviours Historic and forecast retail sales value & growth in China’s accessories & jewellery market Key business requirement for operating in China’s jewellery & accessories retail market Analysis of impact of Internet & Technology on China’s jewellery & accessories retail Market Competitive landscape of the China’s jewellery & accessories market Analysis of key distribution channels of China’s retail market Regulatory framework governing the China’s retail market To know more on coverage, click on the link below: https://www.kenresearch.com/consumer-products-and-retail/luxury-goods/jewelry-watches-accessories-retailing/29897-95.html Related Reports https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/retailing/29891-95.html https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/jewelry-watches-accessories-retailing-thailand/1807-95.html https://www.kenresearch.com/consumer-products-and-retail/wholesale-and-retail/jewelry-watches-accessories-retailing/1862-95.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com www.kenresearch.com Tags: China Jewelry and accessories Distribution Channels, China Jewelry and Accessories Market Future Outlook, China Jewelry Retail industry trends, China Jewelry Retail Market Research Report, China Jewelry Retail Market Size, China Watches Market Size, China Watches Retail Industry Future Outlook, Online Expenditure on Jewelry and Watches in China