China Diamond Jewellery Market

The jewellery market has been segmented on the basis of type assortment.

China diamond jewellery market.

The new diamond retail market the yen for diamonds mainly for engagements is a western concept. The report also provides detailed analysis of the china gold diamond platinum and other gems and jewellery market. However diamonds are becoming increasingly popular due to the increase in disposable income. In addition among chinese males in the 30 44 age group 67 wish to own diamonds.

It began in the us with a genius marketing campaign by debeers and carried on through popular hollywood culture until diamonds really were considered a girl s best friend. Diamond business our strategic priorities are to maintain our leadership through our alliances in the diamond industry. The male jewelry market is still in the early stage of its development therefore opportunities for brands are many. The diamond fashion jewellery industry in china is expected to generate 6 billion by 2020 and this may be realised much earlier since things are happening so fast in china diamond jewellery.

Furthermore we strive to continue to gain international market share and recognize the increasing competitiveness of the industry. According to hype asia china s total jewellery retail sales reached up to 265 billion yuan us 38 8 billion in 2019 alone with an average monthly turnover of 24 billion yuan but the market. Additionally youth in china prefer low purity gold jewelry for day to day use. This is expected to drive the gold imports in china on a large scale fueling market demand.