Product Code: ETC016409 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Kingdom (UK) Gemstones market currently, in 2023, has witnessed an HHI of 876, Which has decreased moderately as compared to the HHI of 2682 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Kingdom (UK) gemstones market is expected to reach USD 1.2 billion by 2026, registering a CAGR of 4.1% during the forecast period (2020 - 2026). The growth of this market can be attributed to rising consumer awareness and preference for natural stones for jewelry, increasing demand for fashion & lifestyle products as well as growing number of high-net-worth individuals in the UK who are willing to invest in gems and jewelry. Additionally, the emergence of online sales channels that offer convenience and competitive prices has further driven the demand for gems and jewelry among people residing across various parts of the UK
Furthermore, organizations such as Gemmological Association of Great Britain (Gem-A) are helping promote education about gems and their values among consumers which is enabling them to make informed decisions when purchasing jewelry items with precious stones. Moreover, investments made by venture capitalists to support new technology related developments in this sector have been instrumental in driving advancements which would enable manufacturers and designers produce innovative designs at lower costs using 3D printing technologies. However, factors such as lack of availability skilled labor coupled with volatile prices raw materials might hinder market growth over the forecast period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Kingdom (UK) Gemstones Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Gemstones Market Revenues & Volume, 2019 & 2026F |
3.3 United Kingdom (UK) Gemstones Market - Industry Life Cycle |
3.4 United Kingdom (UK) Gemstones Market - Porter's Five Forces |
3.5 United Kingdom (UK) Gemstones Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 United Kingdom (UK) Gemstones Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.7 United Kingdom (UK) Gemstones Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 United Kingdom (UK) Gemstones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Gemstones Market Trends |
6 United Kingdom (UK) Gemstones Market, By Types |
6.1 United Kingdom (UK) Gemstones Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Gemstones Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 United Kingdom (UK) Gemstones Market Revenues & Volume, By Precious stone, 2016 - 2026F |
6.1.4 United Kingdom (UK) Gemstones Market Revenues & Volume, By Semi- precious stone, 2016 - 2026F |
6.1.5 United Kingdom (UK) Gemstones Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 United Kingdom (UK) Gemstones Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Gemstones Market Revenues & Volume, By Fashion, 2016 - 2026F |
6.2.3 United Kingdom (UK) Gemstones Market Revenues & Volume, By Astrology, 2016 - 2026F |
6.2.4 United Kingdom (UK) Gemstones Market Revenues & Volume, By Others, 2016 - 2026F |
6.3 United Kingdom (UK) Gemstones Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Gemstones Market Revenues & Volume, By Offline Retail, 2016 - 2026F |
6.3.3 United Kingdom (UK) Gemstones Market Revenues & Volume, By Online Retail, 2016 - 2026F |
7 United Kingdom (UK) Gemstones Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Gemstones Market Export to Major Countries |
7.2 United Kingdom (UK) Gemstones Market Imports from Major Countries |
8 United Kingdom (UK) Gemstones Market Key Performance Indicators |
9 United Kingdom (UK) Gemstones Market - Opportunity Assessment |
9.1 United Kingdom (UK) Gemstones Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 United Kingdom (UK) Gemstones Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.3 United Kingdom (UK) Gemstones Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 United Kingdom (UK) Gemstones Market - Competitive Landscape |
10.1 United Kingdom (UK) Gemstones Market Revenue Share, By Companies, 2019 |
10.2 United Kingdom (UK) Gemstones Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |