Product Code: ETC021671 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Algeria Jewellery market currently, in 2023, has witnessed an HHI of 9393, Which has increased slightly as compared to the HHI of 5909 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The jewellery market in Algeria has been steadily growing over the past few years. According to a report published by 6Wresearch, the total value of retail sales for jewellery products was estimated to be around US$337 million in 2019. This represented a 14% increase from US$295 million of 2018 and an 11% growth compared to 2017 figures. The demand for gold jewellery is increasing amongst Algerian consumers due to its status as a symbol of wealth and prestige. Gold remains the most popular choice among customers, accounting for up to 80-90 % of all purchases made. Silver jewellery is also gaining traction with more young people looking at it as an affordable luxury item. Additionally, synthetic gemstones are becoming increasingly popular, with cubic zirconia being one example that is widely available on the market.
In terms of distribution channels, traditional stores remain dominant players in this sector; however online retailing has witnessed tremendous growth due to increased consumer trust and convenience associated with shopping online. Furthermore, local festivals such as Eid al-Fitr provide significant opportunities for retailers offering discounts on their products during these periods which helps boost sales significantly.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Algeria Jewellery Market Overview |
3.1 Algeria Country Macro Economic Indicators |
3.2 Algeria Jewellery Market Revenues & Volume, 2019 & 2026F |
3.3 Algeria Jewellery Market - Industry Life Cycle |
3.4 Algeria Jewellery Market - Porter's Five Forces |
3.5 Algeria Jewellery Market Revenues & Volume Share, By Product, 2019 & 2026F |
3.6 Algeria Jewellery Market Revenues & Volume Share, By Material, 2019 & 2026F |
4 Algeria Jewellery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Algeria Jewellery Market Trends |
6 Algeria Jewellery Market, By Types |
6.1 Algeria Jewellery Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Algeria Jewellery Market Revenues & Volume, By Product, 2016 - 2026F |
6.1.3 Algeria Jewellery Market Revenues & Volume, By Necklace, 2016 - 2026F |
6.1.4 Algeria Jewellery Market Revenues & Volume, By Ring, 2016 - 2026F |
6.1.5 Algeria Jewellery Market Revenues & Volume, By Earrings, 2016 - 2026F |
6.1.6 Algeria Jewellery Market Revenues & Volume, By Bracelet, 2016 - 2026F |
6.1.7 Algeria Jewellery Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Algeria Jewellery Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Algeria Jewellery Market Revenues & Volume, By Gold, 2016 - 2026F |
6.2.3 Algeria Jewellery Market Revenues & Volume, By Platinum, 2016 - 2026F |
6.2.4 Algeria Jewellery Market Revenues & Volume, By Diamond, 2016 - 2026F |
6.2.5 Algeria Jewellery Market Revenues & Volume, By Others, 2016 - 2026F |
7 Algeria Jewellery Market Import-Export Trade Statistics |
7.1 Algeria Jewellery Market Export to Major Countries |
7.2 Algeria Jewellery Market Imports from Major Countries |
8 Algeria Jewellery Market Key Performance Indicators |
9 Algeria Jewellery Market - Opportunity Assessment |
9.1 Algeria Jewellery Market Opportunity Assessment, By Product, 2019 & 2026F |
9.2 Algeria Jewellery Market Opportunity Assessment, By Material, 2019 & 2026F |
10 Algeria Jewellery Market - Competitive Landscape |
10.1 Algeria Jewellery Market Revenue Share, By Companies, 2019 |
10.2 Algeria Jewellery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |