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Research Firm Identifies Top 5 Emerging Trends in Diamond Jewelry Market Through 2019

Published

8 years ago

February 25, 2016

INSTORE Staff

There’s a rising demand for vintage.

A new report from Technavio, a tech research and advisory firm, identifies five key trends the company expects to impact the global diamond jewelry market through 2019. The firm defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

The top five emerging trends are:

Rising preference for branded jewelry
Emerging market for men’s diamond jewelry
Rise in online sales of diamond jewelry
Rising demand for vintage jewelry
Innovative options in daily wear

According to the firm, the global diamond jewelry market is expected to exceed $93 billion by 2019. “The rise in per capita disposable incomes, increasing number of diamond jewelry retailers, and rising number of consumers accepting the culture of giving diamond jewelry are some of the factors contributing to the rise in demand in countries like India, China, and Japan,” says Arushi Thakur, a lead research analyst at Technavio.

Read the release from Technavio here.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”