Jewelry, Watches and Accessories Retailing in South Africa Market Summary and Forecasts To 2019: Hexa Reports
Jewelry, watches, and accessories had a 1.8% share of overall retail sales in 2014. The retail sales of the category are forecast to deliver a CAGR of 4.8% during 2014-2019, to reach a market value of ZAR7 billion by 2019.
Jewelry, watches, and accessories had a 1.8% share of overall retail sales in 2014. The retail sales of the category are forecast to deliver a CAGR of 4.8% during 2014-2019, to reach a market value of ZAR7 billion by 2019.
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<strong>Jewelry</strong>, <strong>Watches</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Retail<strong>in</strong>g</strong> <strong>in</strong> <strong>South</strong> <strong>Africa</strong><br />
<strong>Market</strong> <strong>Summary</strong> <strong>and</strong> <strong>Forecasts</strong> Comprehensive overview of<br />
the market, consumer, <strong>and</strong> competitive context, with retail<br />
sales value <strong>and</strong> forecasts to <strong>2019</strong><br />
<strong>Jewelry</strong>, watches, <strong>and</strong> accessories had a 1.8% share of overall retail sales <strong>in</strong> 2014. The retail sales of the<br />
category are forecast to deliver a CAGR of 4.8% dur<strong>in</strong>g 2014-<strong>2019</strong>, to reach a market value of ZAR7<br />
billion by <strong>2019</strong>. The outlook for jewelry, watches, <strong>and</strong> accessories will rema<strong>in</strong> positive over the forecast<br />
period.<br />
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Key F<strong>in</strong>d<strong>in</strong>gs<br />
<br />
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<strong>Jewelry</strong>, watches <strong>and</strong> accessories accounts for a small share of 1.8% of the total retail sales <strong>in</strong> <strong>South</strong><br />
<strong>Africa</strong>.<br />
Per capita spend<strong>in</strong>g on jewelry, watches, <strong>and</strong> accessories will show growth of 3.6% over the next<br />
five years<br />
Sales through onl<strong>in</strong>e channel stood at 1.7% of the total sales <strong>in</strong> the sector <strong>in</strong> 2014 <strong>and</strong> are expected<br />
to reach 3.6% by <strong>2019</strong>.
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Synopsis<br />
"<strong>Jewelry</strong>, <strong>Watches</strong> <strong>and</strong> <strong>Accessories</strong> <strong>Retail<strong>in</strong>g</strong> <strong>in</strong> <strong>South</strong> <strong>Africa</strong> - <strong>Market</strong> <strong>Summary</strong> <strong>and</strong> <strong>Forecasts</strong>" is a<br />
detailed sector report provid<strong>in</strong>g a comprehensive analysis of the emerg<strong>in</strong>g trends, forecasts <strong>and</strong><br />
opportunities to <strong>2019</strong><br />
What else does this report offer?<br />
<br />
<br />
A thorough analysis of consumer trends chang<strong>in</strong>g economic <strong>and</strong> population factors<br />
Both qualitative <strong>and</strong> quantitative <strong>in</strong>sights <strong>and</strong> analysis of the shift<strong>in</strong>g jewelry, watches <strong>and</strong><br />
accessories retail dynamics from 2009 to <strong>2019</strong><br />
Sales of jewelry, watches <strong>and</strong> accessories through the follow<strong>in</strong>g channels from 2009 to <strong>2019</strong>:<br />
Cloth<strong>in</strong>g, footwear, accessories <strong>and</strong> luxury goods specialists; department stores; other specialist<br />
retailers; onl<strong>in</strong>e; hypermarkets, supermarkets <strong>and</strong> hard-discounters; other general <strong>and</strong> nonspecialist<br />
direct retailers; duty free retailers<br />
<br />
An overview of key jewelry, watches <strong>and</strong> accessories retailers operat<strong>in</strong>g across <strong>South</strong> <strong>Africa</strong> <strong>and</strong><br />
their presence across distribution channels<br />
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Reasons <strong>To</strong> Buy<br />
1. Ga<strong>in</strong> a comprehensive knowledge on jewelry, watches <strong>and</strong> accessories sector <strong>in</strong> the <strong>South</strong> <strong>Africa</strong><br />
retail market <strong>and</strong> develop a competitive advantage from the start of your supply cha<strong>in</strong><br />
2. Investigate current <strong>and</strong> forecast behaviour trends <strong>in</strong> jewelry, watches <strong>and</strong> accessories category to<br />
identify the best opportunities to exploit<br />
3. Analyze the recommended actions to align your market<strong>in</strong>g strategies with the crucial trends<br />
<strong>in</strong>fluenc<strong>in</strong>g the consumer behavior<br />
4. Underst<strong>and</strong> the fastest grow<strong>in</strong>g categories <strong>in</strong>clud<strong>in</strong>g jewelry, watches <strong>and</strong> accessories, with <strong>in</strong>sights<br />
on performance across key channels from 2009, with forecasts until <strong>2019</strong><br />
5. Explore novel opportunities that will allow you to align your product offer<strong>in</strong>gs <strong>and</strong> strategies to<br />
meet dem<strong>and</strong> by analyz<strong>in</strong>g the vital economic <strong>and</strong> population trends, key consumer <strong>and</strong><br />
technology trends <strong>in</strong>fluenc<strong>in</strong>g the jewelry, watches <strong>and</strong> accessories market<br />
6. Analysis of key <strong>in</strong>ternational <strong>and</strong> domestic players operat<strong>in</strong>g <strong>in</strong> the jewelry, watches <strong>and</strong><br />
accessories market - <strong>in</strong>clud<strong>in</strong>g store counts <strong>and</strong> revenues that give you a competitive edge -<br />
identify opportunities to improve your market share"
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Table Of Content<br />
1. Introduction<br />
1.1 What is this Report About?<br />
2. Executive <strong>Summary</strong> <strong>and</strong> Outlook<br />
3. <strong>Market</strong> Context<br />
3.1 Retail Scenario <strong>in</strong> <strong>South</strong> <strong>Africa</strong><br />
3.1.1 Stable economic conditions bode well for retailers<br />
3.1.2 Be<strong>in</strong>g a consumption led economy augurs well for retailers<br />
3.1.3 Services sector is the major sector for employment<br />
3.1.4 Unemployment <strong>and</strong> labor unrest pose a challenge to the country's economy<br />
3.1.5 Ris<strong>in</strong>g <strong>in</strong>flation rates - a key concern for retailers<br />
3.1.6 Steady rise <strong>in</strong> consumption expenditure- an opportunity for retailers<br />
3.1.7 Increas<strong>in</strong>g urbanization offers growth opportunities for retailers<br />
3.2 A major chunk of the population are young - a positive scenario for retail<br />
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4. <strong>South</strong> <strong>Africa</strong>n Shoppers<br />
4.1 <strong>South</strong> <strong>Africa</strong> presents more challenges than opportunities to newcomers<br />
4.2 M-commerce on a rise as consumers <strong>in</strong>creas<strong>in</strong>gly adopt smartphones<br />
4.3 Dem<strong>and</strong> for private labels on a rise<br />
4.4 Ris<strong>in</strong>g HNWI <strong>and</strong> aspirational middle class will support growth<br />
4.5 Inbound tourism to boost retail sales<br />
5. Do<strong>in</strong>g Bus<strong>in</strong>ess <strong>in</strong> <strong>South</strong> <strong>Africa</strong><br />
5.1 <strong>Summary</strong><br />
5.1.1 Bureaucracy<br />
5.1.2 Bus<strong>in</strong>ess culture<br />
5.1.3 Infrastructure <strong>and</strong> logistics<br />
5.2 Bus<strong>in</strong>ess reforms <strong>in</strong> <strong>South</strong> <strong>Africa</strong><br />
6. Retail - Product Sectors<br />
6.1 Product Sector Analysis<br />
6.1.1 <strong>Jewelry</strong>, <strong>Watches</strong>, <strong>and</strong> <strong>Accessories</strong><br />
6.2 <strong>Jewelry</strong>, <strong>Watches</strong> <strong>and</strong> <strong>Accessories</strong> Category Overview<br />
6.2.1 <strong>Jewelry</strong>, <strong>Watches</strong> <strong>and</strong> <strong>Accessories</strong><br />
6.3 Major Retailers<br />
6.3.1 <strong>Jewelry</strong>, <strong>Watches</strong> <strong>and</strong> <strong>Accessories</strong>
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7. Appendix<br />
7.1 Def<strong>in</strong>itions<br />
7.1.1 This report provides 2014 actual sales; while forecasts are provided for 2015 - <strong>2019</strong><br />
7.2 <strong>Summary</strong> Methodology<br />
7.2.1 Overview<br />
7.2.2 The triangulated market siz<strong>in</strong>g method<br />
7.2.3 Industry surveys <strong>in</strong> the creation of retail market data<br />
7.2.4 Quality control <strong>and</strong> st<strong>and</strong>ardized processes<br />
7.3 About Conlum<strong>in</strong>o<br />
7.4 Disclaimer<br />
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bus<strong>in</strong>ess environment <strong>and</strong> enable them to undertake strategic growth <strong>in</strong>itiatives.<br />
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