Jewelry, Watches and Accessories Retailing in China – Market Summary & Forecasts

Date: 2015-08

“• The demand for jewelry, watches, and accessories in China is anticipated to experience a CAGR of 17.24% over the forecast period

• Despite sluggish economic conditions, retail sector registers a significant growth

• A rising middle class with increased disposable income and altering lifestyles are driving retail demand and retailer’s expansion plans in tier lll and tier lV cities will drive further growth

• Online platform will be a key channel for retailing over the next five years

• The online mode of retailing in jewelry, watches, and accessories sector is forecast to reach CNY230 billion by 2019, with a CAGR of 29.05% during 2014–2019”

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