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The diamond fashion jewellery industry in china is expected to generate 6 billion by 2020 and this may be realised much earlier since things are happening so fast in china diamond jewellery.
China diamond jewellery market. However diamonds are becoming increasingly popular due to the increase in disposable income. The men s market products in china includes rings tie clips cufflinks and belt buckles. The new diamond retail market the yen for diamonds mainly for engagements is a western concept. Furthermore we strive to continue to gain international market share and recognize the increasing competitiveness of the industry.
The male jewelry market is still in the early stage of its development therefore opportunities for brands are many. Additionally youth in china prefer low purity gold jewelry for day to day use. It began in the us with a genius marketing campaign by debeers and carried on through popular hollywood culture until diamonds really were considered a girl s best friend. The jewellery market has been segmented on the basis of type assortment.
Diamond business our strategic priorities are to maintain our leadership through our alliances in the diamond industry. This is expected to drive the gold imports in china on a large scale fueling market demand. The diamond midstream the industry s link between african mines and jewelry stores in new york london and hong kong is being squeezed like rarely before. The report also provides detailed analysis of the china gold diamond platinum and other gems and jewellery market.
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