In 2020, U.S. jewelry store sales amounted to about 33.3 billion U.S. dollars. The jewelry industry is presently a growing and dynamic market.
Which are the leading companies in the American jewelry market?
The largest specialty jewelry retailer in the country is presently Signet Jewelers Limited, which operates approximately 3,334 stores worldwide. The company generated 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 had global net sales amounting to over 4.4 billion U.S. dollars and operates some 321 stores worldwide.
Worldwide market for jewelry: Additional information
The worldwide jewelry market is expecting to grow to over 480 billion U.S. by 2025, with diamond jewelry being the largest revenue source. Necklaces and rings are the most popular jewelry items. Some of the most popular companies in this sector include Louis Vuitton Moet Hennessy (LVMH) and the Kering group, which is responsible for brands such as Gucci, Balenciaga, and Saint Laurent.
Jewelry store sales in the United States from 1992 to 2020
(in billion U.S. dollars)
Numbers have been rounded to provide a better understanding of the statistic.
Figures are not adjusted for price changes. Retail and food services total and other subsector totals may include data for kinds of business not shown. Additional information on sample design, estimation procedures, and measures of sampling variability can be found here.
Estimates are shown in millions of dollars and are based on data from the Annual Retail Trade Survey. Estimates have been adjusted using preliminary results of the 2012 Economic Census.
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US Census Bureau. (November 16, 2021). Jewelry store sales in the United States from 1992 to 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/197698/annual-jewelry-store-sales-in-the-us-since-1992/
US Census Bureau. "Jewelry store sales in the United States from 1992 to 2020 (in billion U.S. dollars)." Chart. November 16, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/197698/annual-jewelry-store-sales-in-the-us-since-1992/
US Census Bureau. (2021). Jewelry store sales in the United States from 1992 to 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/197698/annual-jewelry-store-sales-in-the-us-since-1992/
US Census Bureau. "Jewelry Store Sales in The United States from 1992 to 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Nov 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/197698/annual-jewelry-store-sales-in-the-us-since-1992/
US Census Bureau, Jewelry store sales in the United States from 1992 to 2020 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/197698/annual-jewelry-store-sales-in-the-us-since-1992/ (last visited November 10, 2024)
Jewelry store sales in the United States from 1992 to 2020 (in billion U.S. dollars) [Graph], US Census Bureau, November 16, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/197698/annual-jewelry-store-sales-in-the-us-since-1992/