Lao Feng Xiang

Global and China Jewelry Industry Report (2020 to 2026) - Featuring Chow Tai Fook, Chow Sang Sang & Lukfook Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 4, 2020
Fashion, Retail, Companies of China, Lao Feng Xiang, Chow Tai Fook, Companies, Chow, Fook, Economy of China, Flont, Luxury goods of China

The "Global and China Jewelry Industry Report, 2020-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and China Jewelry Industry Report, 2020-2026" report has been added to ResearchAndMarkets.com's offering.
  • In 2019, the global jewelry market edged down 1.4% from a year ago to $363 billion in comparison with Chinese jewelry market worth RMB750.3 billion with an annualized spike of 7.7%.
  • In China, the jewelry market is ruled by world-renowned brands, Hong Kong brands and Chinese mainland brands.
  • Among them, Chow Tai Fook held 8.1% share and Lao Feng Xiang 6.6%, leading the pack in the Chinese jewelry industry.

Global and China Jewelry Markets 2019-2025 Featuring 5 Hong Kong and 12 Mainland Jewelry Vendors

Retrieved on: 
Friday, May 24, 2019
Chow Sang Sang, Chow Tai Fook, Companies, Lao Feng Xiang, Chow, Costume jewelry, Fook, Economy of China

In 2017, global jewelry sales reported $325 billion, of which online sales of high jewelry surged by 16% versus 2016, above that of costume jewelry (12%).

Key Points: 
  • In 2017, global jewelry sales reported $325 billion, of which online sales of high jewelry surged by 16% versus 2016, above that of costume jewelry (12%).
  • Diamond jewelry contributed to the largest retail share of the global jewelry industry, a 47% share of the total, followed by gold jewelry (42%).
  • With the ever more obvious consumer attribute of gold jewelry, gold jewelry consumption is weakly related to gold price fluctuations.
  • In the fierce medium- and high-end market, the influential brands are Chow Tai Fook (Hong Kong), Chow Sang Sang (Hong Kong), and Lao Feng Xiang (Mainland), CHOW TAI SENG (Mainland), CHJ Jewellery (Mainland) and MINGR Jewelry (Mainland).