Greater China Gems And Jewelry Industry Outlook To 2015

Executive Summary

The report titled Greater China Gems and Jewelry Industry Outlook to 2015 provides a comprehensive analysis on the gems and jewelry industry in China and Hong Kong, covering various aspects such as market size of the gems and jewelry sector on the basis of revenue generated from retail sales, market segmentation on the basis of retail sales of gold jewelry, diamond jewelry and other precious stones jewelry segments, major gems and jewelry import and export market size and segments. The report also entails competitive landscape and profiles of the major players operating in the gems and jewelry industry. The SWOT Analysis is also provided to understand the market conditions in each country. The report also covers future projections to provide an insight on the prospects in the gems and jewelry industry.

Greater China, which consists of Mainland China and Hong Kong is a major jewelry market and is currently the second largest market in Asia closely behind India and is poised to topple India to become the leading gems and jewelry consuming region in Asia in 2011.

China witnessed a growth of around ~ in 2010 to record retail gems and jewelry sales worth of around USD ~ billion in 2010. This growth was backed by the economic recovery in 2010 which resulted in increased personal disposable income and rise in consumer spending on luxury goods.

Hong Kong is home to many domestic and foreign jewelry retailers. Some major domestic retailers include Chow Sang Sang, Chow Tai Fook, Luk Fook, Tse Sui Luen, 3D-Gold, Imperial, King Fook, Ma Belle and Madiaetc. Chow Tai Fook recorded annual revenue of USD ~ billion in fiscal year ending December 2011 while Chow Sang Sang showcased revenue of USD ~ billion in FY ending March 2011. Hong Kong jewelry sector is chiefly an export oriented market and is the fourth largest fine jewelry exporting country after Italy, the US and Switzerland.

Chinas total gems and jewelry sales is expected to cross USD ~ billion mark by 2014 and will record sales worth of USD ~ billion by 2015 at an expected 5 year CAGR of ~%. Gold jewelry which held a 55% market share in 2010 is expected to grow at a 5 year CAGR of 16.4% to clock sales worth USD ~ billion and hold a market share of ~% by 2015.

The number of rich people are on the rise in Greater China and are growing at a fast pace. They have higher propensity to spend on jewelry than the middle class. For the growing rich and elite class in Greater China, jewelry is more of a necessity than luxury, thus resulting in increased consumption. The wealthy class is estimated to expand more in the future, which will fuel the growth of jewelry industry.

Key Topics Covered in the Report:
-The market size of gems and jewelry by retail sales, imports and exports
-Market segmentation and market share on the basis of retail sales of gold jewelry, diamond jewelry and other jewelry segments. Segmentation of gems and jewelry import and export segments inclusive of the major 5 import and export destinations.
-Trends and developments pertaining to this industry.
-Retailers profiles of the major players operating in the region
-SWOT analysis of gems and jewelry industry
-Future outlook and projections of the retail sales of gems and jewelry and its segments till 2015 along with cause and effect relationship analysis between macro-economic and industry factors and industrys prospects
-Macro-economic and industry factors including population, GDP, tourist arrivals and receipts, metals and mineral production with regard to gems and jewelry industry

For more information please refer to the below mentioned link:
http://www.ammindpower.com/report.php?A=241

The Tools, Supplies And Skills Needed To Make Jewelry

Jewelry making is a popular and beloved pastime that has become more than a hobby for many throughout the world: it has become a passion. Making jewelry with wire and beads is a process that takes a long time to truly master, but a wide variety of jewelry can be made without having an expert or advanced skill set.

There is a wide variety of skills that, when mastered, allow you to create the most unique and advanced jewelry imaginable. By learning about these various skills on the internet or through books or magazines, you can push your jewelry making hobby even further.

Some of the more basic skills include cutting jewelry wire, straightening jewelry wire, how to bend jewelry wire, making a variety of loops with your wire, and more. Some of the more advanced skills include: hardening wire to make it permanent, making earrings using ear threads, and making advanced wire spirals.

As you can see, making jewelry has many different skill levels so that you can find your niche and improve upon it.

The right tools will help your jewelry making ventures be successful. You will need flush cutters for cutting wire, round nose pliers for making loops, and chain nose pliers for bending and grasping wire.
Above and beyond those essentials, there are many supplies that can greatly enhance your jewelry creating experience. These tools include: a ruler, a chasing hammer, a cub bur, ben closing pliers, an anvil, step jaw pliers, and nylon jaw pliers.

There are also different jigs available that help to make wire crafting easier. With jigs, you wrap the wire around various pegs to create the different shapes and patterns that you desire.

There are three basic supplies that are needed in order to begin jewelry making: beads, wire and findings. Beads are made from a wide variety of materials and come in a wide range of colors and shapes. There are glass, wood, metal, plastic, stone, semi-precious, precious, and bone beads that you can browse through and choose from.

Jewelry wire is generally either silver-plated, gold-plated, copper, brass, silver, or gold. All wire is sold in a few different sizes that are called gauges. The larger the gauge, the smaller the wire’s diameter. Most jewelry makers use wire ranging between 16 and 22 gauge.

Findings are components including ear wires, clasps, jump rings, head pins, and more. If you are beginning out in the world of jewelry-making, you should have a good supply of head pins, ear wires, clasps, and jump rings. This collection will get you started out, and as you grow as a jewelry maker, you can enhance upon your findings collection.

Jewelry making is a fun and creative hobby that could turn into a money-making enterprise!

Gold Jewelry Tragedy In Nigeria Leads To Severe Lead Poisoning

Gold Jewelry may be beautiful, but digging up gold can be very dangerous if you dont know what youre doing. In continents like Africa, which never really got out of the idol worship polytheistic the gods are in control of everything and history has no direction mentality, have never caught up with the rest of the world. They are, and have always been, people of the land. Make your living off the land, and thats it. So much of the poor countries make their living off of what they can dig up from the earth. Gold is one of those things, and gold jewelry is what they sell. The problem is, in order to make gold jewelry, you have to first separate gold form gold ore. And usually, this ore contains lead, which you definitely dont want as part of your gold jewelry, mostly since it is lethal.

But since countries like Nigeria rely on gold jewelry markets to make their living, they have to separate the ore, and with that comes lead into their soil, and from there, lead poisoning is not far behind. And so it happened that this year, 163 people were killed by lead poisoning in a village in Nigeria, after it had been discovered that lead made up 10,000 parts per per million in the soil. Thats 1% lead. Thats really, really high, and very, very deadly. The problem with the gold jewelry mining industry is that if its not regulated and its every family for itself, the lead has nowhere to go but down and into the drinking water. Aside from 163 people dying, thousands have been effected by the adverse effects of lead poisoning. And gold jewelry isnt going to make them feel any better about it.

Right now, theyre simple taking the top soil and throwing it into plastic bags to shipped off and forever unbothered like nuclear waste. What will happen to the gold jewelry industry there remains unclear but it probably wont end, since they have no way of making money and sustaining themselves. And even if the villagers know for now that gold ore can kill you if you dont extract the gold safely, there probably wont be much regulation, since African culture is a tribal culture, and governments dont really know what theyre doing exactly. It is likely that the gold jewelry industry will be slightly more safe as individual families do what they can to protect themselves against lead poisoning, but a concerted effort to regulate the gold jewelry industry in any African country save South Africa seems far fetched.

And we cant simply go in and build infrastructure for them. Western culture cannot be forced on African culture. Any initiative will have to be their own. All we can do is warn. So if youre wearing any gold jewelry right now, appreciate it. Someone may have gone through much danger to get it to you from the Earth.

China Jewelry E-commerce Is A Booming Business Now

Forecast of the industry in general, the jewelry spend sum of Chinese and Indian market is expected to catch up to U.S.A market by 2015. China will become the worlds biggest and the great developing potential of jewelry consumer market.But, China jewelry industry is still not mature, the whole industrial concentration is very low, in general, a huge market demand but a mess supply chains, and market split phenomenon is obvious. Outlook 2011, how the China jewelry industry movements? In this regard, the industry has said that jewelry enterprises will hasten to expand network sale market, the next 3 to 5 years, the share of network of sales will accounted for 20% of China jewelry industry; the e-commerce of China jewelry industry will appear and develop rapidly.

Statistics of Gemmological Association of China show that, China has become the world’s second largest jewelry consumer market, but the construction of social faith system needs a process, formation of the habit to buy jewelry online still takes some time.That makes the share of network of sales just accounted for less than 5%, it has great room for growth. The industry is expected, jewelry marketing will enhance greatly in 2011, and network of sales is expected to 21.7 billion, and will grow 155% on year. The next 3 to 5 years, the share of network of sales will accounted for 20% of China Jewelry industry.

The sale share of jewelry e-commerce is increasing these years, however, some jewelry e-commerce enterprises are struggling to survive. The gross profit of the industry leader, like Diamond Bird, Devine, the Nine, looks not good in recent years. There are not many jewelry e- commerce enterprises can highlight oneself value, more than that are making price war, just to be another new channel of commodity circulation. An industry Mr. Huang said that malicious competition of price caused online stores had started to die constantly during 2008 and 2010.Concerned expert expresses jewelry e-commerce industry represents a new way of the global jewelry industry, there will be many China jewelry e-commerce enterprises get rid of the burden of operating loss, begin to realize gain in 2011. In the year of expect to usher in a new stage of development, China e-commerce will may be appear a blockbuster development.

Men’s Jewelry Becoming A Popular Trend

Generally while talking about jewelry, majority of the times we refer to women jewelry. However these days, mens jewelry is also gaining a lot of popularity. Men have started realizing that they should wear more jewelry and not only the wedding rings.

There is a difference between mens and womens jewelry. Womens jewelry is somewhat flashier and trendier whereas mens jewelry is more on the sober side. You cannot exaggerate mens jewelry. Silver and gold remains the most popular. However, there is a rapid change since industrial metals like stainless steel, tungsten and titanium have debuted. Watches are no doubt among the most attractive male jewelry.

Following it are the rings, necklaces and bracelets etc.

Mens ring speaks about the personality of a man and its growing success. Those of you who are tight on budget they may go for a cubic zirconium silver or gold ring. You can either opt for traditional or something modern. The modern or industrial methods are gaining popularity because of their durability, as they have become symbols of energy and strength.

Men necklaces are often referred to as neck chains. These usually vary from 18-25 inches. This is large enough to prevent snoring necks, however not as much as string extends below the serum. There are some things that hang from the chain; these are called medallions and hanging. In general, pendants are sold along with chains. Even the dog tags appear to be very popular these days.

If you want to be flashier then opt for cuff links. They come with professional team logos, symbols, classic and abstract art grounds etc.

You will even find them in crystal and glass. These provide an opportunity to reflect a man about his ethnicity, employment, hobbies or himself. It allows you to display your fine jewelry that simply no one can overlook.

Until recently, men bracelets were usually unheard for. However, times have changed now. The gold bracelets, be it white gold, yellow, gold etc are among the most common with sterling silver and silver particularly chosen. ID bracelets are among the hottest men accessory sold these days. It is a waist chain that contains an engraved plate. You can get your name engraved, or of your spouse or kids. Also, you can go for a personal motto or something.

Earlier earrings were not at all preferred for men. However, they now are being accepted as a legitimate form of jewelry. Men obviously have got the advantage of wearing this jewelry as they require it to wear only in one ear.

Nothing beats anything better than money clips when it comes to mens jewelry. These are basically designed to carry cash as well as cards in a secured and compact format. They are really very stylish and elegant.

The ones that are made up of tungsten or titanium are preferred. Before you make a major purchase, it is recommended that you opt for an independent valuation. Also, do enquire about the credentials of the store from which you are buying the jewelry.

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