The market is dominated by foreign suppliers, as imports account for 76.4% of total market size in 2023. Households drive market demand, with household spending representing 98.3% of total demand in 2023. The US has the largest market size for jewellery and related articles across the top 20 developed countries, with demand reaching USD156 billion in 2023. Tiffany & Co is the largest company in the US, generating 19.7% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 31.7% of total production value in 2023. The total number of companies decreases in 2023, to 7,638 units. The costs of the industry increase by 1.2% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 14.2% of production value in 2023, the eighth highest across the top 20 developed countries. The industry’s exports share increases in 2023 to 28.8% of total production output. With production value of USD10.7 billion, the US accounts for 75.9% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Jewellery and Related Articles in the US: ISIC 3691. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Jewellery and Related Articles in the US: ISIC 3691 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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