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Market Research Report: Gems and Jewellery Market in 2010
 

Market Research Report: Gems and Jewellery Market in 2010

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For the complete report, get in touch with us at: info@netscribes.com ...

For the complete report, get in touch with us at: info@netscribes.com

In India, jewellery is revered and valued as a treasure from ages, be it any festival or a marriage, the celebrations are incomplete without gold and silver ornaments. Being the biggest consumers of gold, the industry is set to thrive for a very long time. However, the market is highly dominated by the unorganized players, but with the prospering economy and surging income levels, the organized segment and retailing of branded jewellery is fast catching up in the currently fragmented market which is worth USD 16 bn and shows huge potential for growth in the future.

The report begins with an introduction to the gems and jewellery (G&J) sector existent in India with a brief description of all the sub segments within both the categories The following section explains the value chain in the sector and India’s involvement from raw material procurement to sales. It provides information regarding the prime destinations for G&J in India and their involvement in the value chain. The overview section indicates the total market size and growth, the segmentation of the jewellery market, the export and the import structure of the total industry in India.

An analysis of the drivers explain the factors for growth of the industry including mass appeal and growing income among households, low cost and abundance of skilled labour, growing use of high-end technology, advantages of SEZs, changing consumer perceptions and preferences and growing training institutes. The key challenges identified encompass rising gold prices, competition from unorganized players, dependence on raw material import and emerging threat from other countries. Key trends identified include the growth in organized retail space, aggressive marketing and advertising, large scale shows and exhibitions, domestic players acquiring foreign companies, investments from PE firms and corporate houses entering the market. The major government bodies regulating this sector have been described and the policies adopted by the government have also been analyzed including industrial policy, FDI policy, Kimberley certification process and hallmarking. The key initiatives of the government identified include tax benefits, import duty relaxations, provisions for exports and other initiatives.

The competition section provides an overview of the competitive landscape in the industry illustrating the share of organized and unorganized players. It also includes a detailed profile of the major players in the market including their financials and expansion plans. The key developments in the sector have also been highlighted.

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  • We manufacture all kind of Gold Kundan Meena Dimond Jewellery (desi meena & vilayati meena) Pendants, earrings, necklace and bracelets, Bangles etc, we also make ordered Jewellery by having your desired designs, we also have charmish items in stock.
    If you have any query then you can ask me without hasitation.
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    Market Research Report: Gems and Jewellery Market in 2010 Market Research Report: Gems and Jewellery Market in 2010 Presentation Transcript

    • Gems & Jewellery Market – India May 2010
    • Executive Summary Gems and Jewellery (G&J) market in India was valued at USD X bn in 20-- and is expected to grow at P% CAGR Market G&J market includes – Gemstones like diamonds, colored stones and pearls; Precious metals and Jewellery like gold & gold jewellery, silver jewellery and gemstones studded jewellery LE Drivers: Mass appeal and growing income among households, low cost and abundance of skilled P labour, growing use of high-end technology, advantages of SEZs, changing consumer perceptions Drivers and and preferences, growing training institutes M Challenges Challenges: Rising gold prices, competition from unorganized players, dependence on raw Trends SA material import, emerging threat from other countries Growing organized retail space Aggressive marketing and advertising Domestic players acquiring foreign companies Investments from PE firms Large scale shows and exhibitions Corporate houses enter the market Government Government has adopted various policies for the manufacturers in terms of Industrial Policy, FDI Policy, Kimberley Certification Process and Hallmarking Policies and Initiatives of the Government include tax benefits, import duty relaxations, provisions for exports Initiatives and other initiatives The market is largely dominated by the unorganized players making it very fragmented Competition Branded and designer jewellery is showing tremendous growth potential Players are utilizing the high skilled labour available in India and are making considerable improvements in their collections and services GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 2
    • •Introduction •Value chain •Market Overview •Drivers & Challenges •Trends •Government Bodies, Policies and Initiatives •Competition •Key Developments GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 3
    • Gold and diamond form the two major segments of Indian gems and jewellery (G&J) market • The industry can be classified into various sub segments like diamonds, coloured stones, gold and silver jewellery, pearls, etc. However, the two major segments in India are gold and diamonds • The industry is characterized by highly unorganized trade, labour intensive operations, working capital and raw material intensiveness, price volatility of gold and export orientation Gems & Jewellery PLE Gemstones SAM Precious Metals and Jewellery Gold and Silver and Gemstones Colored Diamonds Pearls Gold Silver Studded Stones Jewellery Jewellery Jewellery Source: GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 4
    • G&J market shows great potential for higher penetration and increased revenues for players Overview Total G&J Market – Size and Growth • Globally, India’s jewellery market stands at X position USD bn • Presence of highly skilled, low-cost labor enables s 30 b% India to design and make high volumes of exquisite LE 25 jewellery at relatively low costs r 20 P • Emergence of branded jewellery is a new trend that q 15 p is shaping the Indian jewellery market M 10 • Traditional handcrafted jewellery is slowly giving way A 5 to machine-made jewellery S 0 • Indian diamond jewellery market stands at USD A bn 2006 2008 2010e 2015e in 20-- and is expected to grow to USD B bn by 20-- owing to the rising prices of gold Segmentation of Jewellery Market • Low penetration of diamond jewellery provides Segment 2 opportunities to the players Segment 1 C% • Prices of gemstones like diamonds are generally fixed B% and as such high-end consumers are showing greater interest in this category • City X has emerged as the biggest diamond processing hub with country B consuming most of A% the Indian gems Segment 3 Source: GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 5
    • Drivers & Challenges Drivers Mass appeal and growing income Challenges among households Rising gold prices Low cost and abundance of skilled labour Competition from unorganized players Growing use of high-end technology Dependence on raw material import Advantages of SEZs Emerging threat from other countries Changing consumer perceptions & preferences Growing training institutes GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 6
    • Key Trends Growing organized retail space Aggressive marketing and advertising Large scale shows and exhibitions Trends ` Domestic players acquiring foreign companies Investments from PE firms Corporate houses enter the market GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 7
    • Government Bodies, Policies and Initiatives – Summary Major Government Bodies Government Support Government Initiatives Government Policies GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 8
    • Strong competition exists among players in the branded gems and jewellery market Overview Market Structure • The Indian G&J sector is dominated by unorganized Segment 2 players and is fragmented in nature A% • It has a large number of domestic private sector LE companies which are operating from a long time as family oriented business having revenues over USD P mn MP • ~A players in gold processing industry, with only B goldsmiths and processors ~X goldsmiths and Y gold jewellers SA • India is a home to a large number of jewellers, ~Z diamond processing players and S diamond jewellers B% Segment 1 • However with constant improvement in product varieties and service rationale, the organized players are expected to grow potentially to occupy ~Z% of the total G&J market by end of 20-- • The branded jewellery players are constantly opening exclusive retail outlets in malls and in high footfall locations Source: GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 9
    • Major Players (1/16) SAMPLE Company Snapshot: Company 1 Corporate Information Financial Performance Revenue Headquarters City 1 Revenue Profit INR mn Profit / Loss INR mn Founded 19-- 15,000 r s 500 p q 400 Type Listed 10,000 300 Area of Expertise Diamond & jewellery manufacturing 5,000 200 100 Mr. X – Chairman 0 0 Key People Mr. Y – MD & CEO 2005-06 2006-07 2007-08 2008-09 Business Highlights • It is one of the world’s leading diamond manufacturers and a Company X sight holder • Has its marketing offices spread across X continents – Country A, Country B and Country C • Exports its diamonds to Country 1, Country 2 and Country 3 • Operates retail brand “X” Expansion Plans: • Plans to expand its jewellery retail business, with the launch of about X-Y stores during the next B-C years at an investment of up to INR P mn and the stores are expected to be opened in the South and western regions of the country Source: GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 10
    • Thank you for the attention The Gems & Jewellery Market report is part of Research on India’s Consumer Goods industry. For more detailed information or customized research requirements please contact: Gagan Uppal Gaurav Kumar Phone: +91 22 4098 7530 Phone: +91 33 4064 6214 E-Mail: gagan.uppal@netscribes.com E-Mail: gaurav.kumar@netscribes.com Research on India is a product of Netscribes (India) Pvt. Ltd. Research on India is dedicated to disseminating information and providing quick insights on “hot” industries in India and other emerging markets. Track our new releases and major updates in these industries on About Netscribes Netscribes is a knowledge-consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes is a one-stop shop designed to fulfil clients’ profitability and growth objectives. Disclaimer: This report is published for general information only. Although high standards have been used the preparation, Research on India, Netscribes (India) Pvt. Ltd. or “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes (India) Pvt. Ltd. and prior permission is required for guidelines on reproduction. GEMS & JEWELLERY MARKET IN INDIA 2010.PPT 11