U.S. retail jewelry store sales 2010-2018
This statistic shows the total retail sales of jewelry stores in the United States from 2010 to 2018. In 2018, U.S. retail jewelry stores generated approximately 39.7 billion U.S. dollars in sales.
The jewelry industry in the United States - additional information
After a brief period of decline in consumer demand for jewelry following the global recession, the industry has regained back its power. The jewelry industry is presently a growing and dynamic market. This industry is often split into watches and jewelry. The largest jewelry market in the world was China, with a market value of around 111.5 billion U.S. dollars as of 2016. The United States was the second largest market with a sales volume of approximately 62 billion U.S. dollars.
One of the main segments within the jewelry market is fine jewelry, which is characterized by the use of precious metals and stones and is usually more expensive, and fashion jewelry, typically made of plated alloys and crystal stones. Furthermore, the fine jewelry market can also be split into three price segments: affordable (less than 1,500 U.S. dollars), luxury (between 1,500 and 10,000 U.S. dollars) and high-end (more than 10,000 U.S. dollars).
In the United States, store sales amounted to about 40 billion U.S. dollars in 2018, an over triple fold increase compared to two decades prior. The largest specialty jewelry retailer in the country is presently Signet Jewelers Limited, which operates approximately 3,334 stores worldwide and generates annual sales of approximately 6.25 billion U.S. dollars from the retail of jewelry, watches and associated services in 2019. Signet is followed by Tiffany and Co., which generated global net sales amounting to over 4.4 billion U.S. dollars and operates some 321 stores worldwide.
The jewelry industry in the United States - additional information
After a brief period of decline in consumer demand for jewelry following the global recession, the industry has regained back its power. The jewelry industry is presently a growing and dynamic market. This industry is often split into watches and jewelry. The largest jewelry market in the world was China, with a market value of around 111.5 billion U.S. dollars as of 2016. The United States was the second largest market with a sales volume of approximately 62 billion U.S. dollars.
One of the main segments within the jewelry market is fine jewelry, which is characterized by the use of precious metals and stones and is usually more expensive, and fashion jewelry, typically made of plated alloys and crystal stones. Furthermore, the fine jewelry market can also be split into three price segments: affordable (less than 1,500 U.S. dollars), luxury (between 1,500 and 10,000 U.S. dollars) and high-end (more than 10,000 U.S. dollars).
In the United States, store sales amounted to about 40 billion U.S. dollars in 2018, an over triple fold increase compared to two decades prior. The largest specialty jewelry retailer in the country is presently Signet Jewelers Limited, which operates approximately 3,334 stores worldwide and generates annual sales of approximately 6.25 billion U.S. dollars from the retail of jewelry, watches and associated services in 2019. Signet is followed by Tiffany and Co., which generated global net sales amounting to over 4.4 billion U.S. dollars and operates some 321 stores worldwide.
