Product Code: ETC016262 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The jewelry market in Kuwait is expected to witness significant growth during the forecast period of 2020-2026 due to increasing demand for luxury products, growing disposable incomes, and government efforts to promote tourism. The market will benefit from high oil prices as well as increased investment in infrastructure projects. Moreover, a steady rise in the number of wealthy individuals willing to buy expensive jewelry items is likely to propel market growth over the forecast period.
Drivers Major drivers of the Kuwaiti gems and jewelry market include rising demand from tourists who prefer buying local ornaments rather than imported ones; an increase in engagements and weddings leading to greater demand for wedding bands and engagement rings; rapid expansion of e-commerce platforms providing easy access to buyers; improved standards of living resulting in higher purchasing power among consumers; presence of many international brands such as Cartier, Tiffany & Co., Bvlgari, Chopard and Graff Diamonds offering high quality pieces at competitive prices; availability of certified diamonds with different shapes & sizes associated with various health benefits according to ancient beliefs; strong retail sector coupled with development initiatives by governments across different countries including Kuwait which has resulted into more people indulging into shopping activities. Additionally, rising popularity for customized designs along with introduction of new range on regular intervals is further anticipated to drive the industry forward during the forecast period
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 Kuwait Gems & Jewelry Market Overview |
3.1 Kuwait Country Macro Economic Indicators |
3.2 Kuwait Gems & Jewelry Market Revenues & Volume, 2019 & 2026F |
3.3 Kuwait Gems & Jewelry Market - Industry Life Cycle |
3.4 Kuwait Gems & Jewelry Market - Porter's Five Forces |
3.5 Kuwait Gems & Jewelry Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Kuwait Gems & Jewelry Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Kuwait Gems & Jewelry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kuwait Gems & Jewelry Market Trends |
6 Kuwait Gems & Jewelry Market, By Types |
6.1 Kuwait Gems & Jewelry Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Kuwait Gems & Jewelry Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Kuwait Gems & Jewelry Market Revenues & Volume, By Rings, 2016 - 2026F |
6.1.4 Kuwait Gems & Jewelry Market Revenues & Volume, By Necklaces, 2016 - 2026F |
6.1.5 Kuwait Gems & Jewelry Market Revenues & Volume, By Earrings, 2016 - 2026F |
6.1.6 Kuwait Gems & Jewelry Market Revenues & Volume, By Bracelets, 2016 - 2026F |
6.1.7 Kuwait Gems & Jewelry Market Revenues & Volume, By Chains and Pendants, 2016 - 2026F |
6.1.8 Kuwait Gems & Jewelry Market Revenues & Volume, By Other , 2016 - 2026F |
6.2 Kuwait Gems & Jewelry Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Kuwait Gems & Jewelry Market Revenues & Volume, By Online, 2016 - 2026F |
6.2.3 Kuwait Gems & Jewelry Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Kuwait Gems & Jewelry Market Import-Export Trade Statistics |
7.1 Kuwait Gems & Jewelry Market Export to Major Countries |
7.2 Kuwait Gems & Jewelry Market Imports from Major Countries |
8 Kuwait Gems & Jewelry Market Key Performance Indicators |
9 Kuwait Gems & Jewelry Market - Opportunity Assessment |
9.1 Kuwait Gems & Jewelry Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Kuwait Gems & Jewelry Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Kuwait Gems & Jewelry Market - Competitive Landscape |
10.1 Kuwait Gems & Jewelry Market Revenue Share, By Companies, 2019 |
10.2 Kuwait Gems & Jewelry Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |