The revenue in the 'Watches & Jewelry' segment of the fashion e-commerce market in Australia was forecast to continuously increase between 2024 and 2029 by in total 436.7 million U.S. dollars (+51.94 percent). After the sixth consecutive increasing year, the indicator is estimated to reach 1.3 billion U.S. dollars and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The eCommerce Watches & Jewelry market refers to the online buying and selling of watches and jewelry through various online platforms. This market includes the digital retailing of a wide range of products such as luxury watches, fashion watches, diamond jewelry, gold jewelry, and costume jewelry. It involves the purchase of these products by individual consumers from online retailers, often through dedicated eCommerce websites or online marketplaces.
Structure:
The market consists out of several parts, namely: Jewelry, Watches. For more information on the definitions, please visit the respective market page.
Additional information:
eCommerce Watches & Jewelry comprises revenues, users, average revenue per user, and penetration rates. Revenues are derived from annual filings, national statistical offices, Google- and Alibaba-Trends, and industry knowledge. Sales channels show online and offline revenue shares, as well as desktop and mobile sales distribution. Revenues are including VAT. The market only displays B2C revenues and users for the above-mentioned markets, hence C2C, B2B, and reCommerce are not included.
Key players in the market are companies such as Rolex, Tiffany & Co., and Pandora.
Market numbers for the total market sizes (online + offline) can also be found on the respective pages of the Consumer Market Insights.
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Statista. (May 1, 2024). Revenue of the watches and jewelry segment of the fashion e-commerce market in Australia from 2018 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/forecasts/1445513/australia-watches-and-jewelry-segment-revenue-of-fashion-ecommerce
Statista. "Revenue of the watches and jewelry segment of the fashion e-commerce market in Australia from 2018 to 2029 (in million U.S. dollars)." Chart. May 1, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/forecasts/1445513/australia-watches-and-jewelry-segment-revenue-of-fashion-ecommerce
Statista. (2024). Revenue of the watches and jewelry segment of the fashion e-commerce market in Australia from 2018 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/forecasts/1445513/australia-watches-and-jewelry-segment-revenue-of-fashion-ecommerce
Statista. "Revenue of The Watches and Jewelry Segment of The Fashion E-commerce Market in Australia from 2018 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 1 May 2024, https://www.statista.com/forecasts/1445513/australia-watches-and-jewelry-segment-revenue-of-fashion-ecommerce
Statista, Revenue of the watches and jewelry segment of the fashion e-commerce market in Australia from 2018 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1445513/australia-watches-and-jewelry-segment-revenue-of-fashion-ecommerce (last visited November 22, 2024)
Revenue of the watches and jewelry segment of the fashion e-commerce market in Australia from 2018 to 2029 (in million U.S. dollars) [Graph], Statista, May 1, 2024. [Online]. Available: https://www.statista.com/forecasts/1445513/australia-watches-and-jewelry-segment-revenue-of-fashion-ecommerce
