Product Code: ETC016245 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Thailand gems and jewellery market is expected to grow at a CAGR of 6.2% during the 2020-2026 period. The market was valued at US$ 2.28 billion in 2019, and it is projected to reach US$ 3.3 billion by 2026 on account of increasing consumption of luxury goods among affluent customers and rising spending power due to increasing wages. This growth will be supported by significant investments from both domestic players as well as foreign investors, who aim to capitalize on Thailand strong reputation for craftsmanship in this sector.
Growth opportunities are also present in expanding product portfolios into higher quality ranges such as diamonds or rubies, given the availability of these precious stones within the country?s borders; moreover, international demand is expected to increase over time due to its status as an important trading partner with countries like China and India that have large consumer bases for jewelry products made with premium materials such as gold and platinum alloys
Furthermore, government initiatives aimed towards supporting small-medium enterprises (SME) active in this field will likely provide impetus for further industry expansion over the forecast period; finally, segmented marketing strategies based on geographical location or customer demographics could help jewelers differentiate their offerings while remaining competitive in terms of pricing structures compared with other regional markets like Hong Kong or Singapore which attract more tourists than Thailand currently does annually when it comes down specifically targeting potential buyers looking for high-end products from local manufacturers rather than simply buying imported items from overseas retailers may prove extremely beneficial going forward too
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 Thailand Gems & Jewelry Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Gems & Jewelry Market Revenues & Volume, 2019 & 2026F |
3.3 Thailand Gems & Jewelry Market - Industry Life Cycle |
3.4 Thailand Gems & Jewelry Market - Porter's Five Forces |
3.5 Thailand Gems & Jewelry Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Thailand Gems & Jewelry Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Thailand Gems & Jewelry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Gems & Jewelry Market Trends |
6 Thailand Gems & Jewelry Market, By Types |
6.1 Thailand Gems & Jewelry Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Gems & Jewelry Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Thailand Gems & Jewelry Market Revenues & Volume, By Rings, 2016 - 2026F |
6.1.4 Thailand Gems & Jewelry Market Revenues & Volume, By Necklaces, 2016 - 2026F |
6.1.5 Thailand Gems & Jewelry Market Revenues & Volume, By Earrings, 2016 - 2026F |
6.1.6 Thailand Gems & Jewelry Market Revenues & Volume, By Bracelets, 2016 - 2026F |
6.1.7 Thailand Gems & Jewelry Market Revenues & Volume, By Chains and Pendants, 2016 - 2026F |
6.1.8 Thailand Gems & Jewelry Market Revenues & Volume, By Other , 2016 - 2026F |
6.2 Thailand Gems & Jewelry Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Gems & Jewelry Market Revenues & Volume, By Online, 2016 - 2026F |
6.2.3 Thailand Gems & Jewelry Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Thailand Gems & Jewelry Market Import-Export Trade Statistics |
7.1 Thailand Gems & Jewelry Market Export to Major Countries |
7.2 Thailand Gems & Jewelry Market Imports from Major Countries |
8 Thailand Gems & Jewelry Market Key Performance Indicators |
9 Thailand Gems & Jewelry Market - Opportunity Assessment |
9.1 Thailand Gems & Jewelry Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Thailand Gems & Jewelry Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Thailand Gems & Jewelry Market - Competitive Landscape |
10.1 Thailand Gems & Jewelry Market Revenue Share, By Companies, 2019 |
10.2 Thailand Gems & Jewelry Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |