Asia Online Jewellery Market Outlook to 2019 – Driven by Lucrative Discounts and Rising Online Buyers provides a comprehensive analysis of the various aspects such as market size of Asia online jewellery industry, market segmentation by different types of jewellery, metals & gemstones and regions.. The report also covers the market shares and competitive landscape of major players in India, China, Japan, Singapore and Indonesia online jewellery market.
The online jewellery market has emerged as one of the fastest growing industries in Asia. This industry has been majorly driven by factors such as growing base of internet users, rising awareness among the users and lucrative prices of online jewellery. It has been observed that now majority of the Asian population is quite familiar with the internet and its widespread uses. Online jewellery industry in Asia, which is hugely driven by increasing internet penetration, generated revenue amounting to USD ~ million in 2014. Due to the convenience provided by online jewellery, customers can compare the jewellery offered by different companies easily. Asia online jewellery market has displayed a CAGR of 62.2% during the period 2011-2014.
In India, the market has evolved over the years, with metropolitan cities such as Delhi/NCR, Mumbai, Chennai, Pune and Bangalore driving growth in the Indian market. Customers are intrigued by lucrative prices of online jewellery. Additionally, major players are offering certificates of authenticity in the Indian market in order to build customer confidence. Young Indians falling in the age group 24-35 years are driving demand for online jewellery in the country. The competition in India online jewellery market has remained concentrated among few major players though there are more than 20 e-commerce companies operating in this domain. Owing to the nascent size of the market, the players have been hesitant to make an entry into the market but several offline vendors have started...