Analysis For Jewelry Industry in China

/Analysis For Jewelry Industry in China

The jewelry industry is a traditional industry. Benefiting from the changes in consumption structure, jewelry industry China has shown a trend of rapid development with a great number of 925 sterling silver wholesale jewelry. So far, jewelry and silverware from China used for the first time exceeded the traditional silver countries such as Thailand, Italy and India, and now ranks first in the world. The following is an analysis of the current status of the jewelry industry.

The jewelry industry is an emerging industry that has been separated from the jewelry and craft gift industries. With the development of economy and society, people have begun to pursue fashion and individuality while satisfying the basic needs of life, which has promoted the development of wholesale artificial jewellery sets industry. Now, from the perspective of three developments, the situation of the jewelry industry is analyzed.

At present, China has only leaped to the top of the world by only 1% of the world in the past few years, second only to the United States and Japan. According to the analysis of the jewelry industry, the scale of jewellery and jade jewelry industry from China has increased from 220 billion RMB in 2009 to 670.7 billion RMB in 2018. It has become one of the most obvious countries in the world in jewelry and jade jewelry industry. It is expected that the scale of  jewelry market in China will reach 2019. 722.7 billion RMB.

With the development of China economy and the change of consumer attitudes, diamond jewelry is being accepted by more and more consumers. In 2011, China became the second largest diamond consumer market in the world after the United States. At present, China is the world’s largest diamond jewelry processing site and the second largest diamond polishing site. In addition, a large number of domestic second-line brands and local small-scale manufacturers have not formed a national layout, focusing on regional markets, and a few of them are more competitive in the regional market. Most wholesale wedding fashion jewelry companies produce products that are inexpensive and mainly participate in competition in the local mass market.

In general, China jewelry industry is in a stable, healthy and rapid development stage. With the rapid economic growth and the continuous improvement of people’s material and cultural living standards, it is expected that the jewelry industry will move forward step by step. In the future, with the rapid development of smart, VR and AI technologies, the jewelry industry will usher in more changes. The above is all the content of the jewelry industry analysis for the manufacturers.

By |2019-05-14T06:59:10+00:00April 26th, 2019|