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Thai Luxury Jewellery Market to Prosper With Emerging Innovation in Fashion: Ken Research

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Luxury Jewellery in Thailand report offers a comprehensive guide to the size and shape of the Luxury Jewellery market at a national level. For further reading click on the link below: – PowerPoint PPT presentation

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Title: Thai Luxury Jewellery Market to Prosper With Emerging Innovation in Fashion: Ken Research


1
Thai Luxury Jewellery Market to Prosper With
Emerging Innovation in Fashion Ken Research
2
Thailands gem and jewelry industry tops the
global charts in terms of possessing markets with
the greatest potential in the world as the
kingdom is gifted with expert craftsmen (which is
usually a priority in this market) along with
locally sourced precious gemstone resources such
as sapphires, rubies etc. Apart from these
polished and colored stones, the country has
expanded into a flourishing trade in finished
gold and silver jewellery, unwrought or
semi-manufactured gold and diamonds, pearls and
semi-precious stones, synthetic stones and scrap
of precious metals as well.
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  • These key factors such as excellent quality
    artisanship, sizable population of skilled
    workers and easy availability of natural
    resources give the industry a positive edge to
    rise and develop.
  • The jewellery market in Thailand cannot compete
    neck to neck with powerhouses like India or China
    in terms of the huge number of goods produced or
    exported, so it competes on the grounds of
    quality of the products and services and Thailand
    jewellery industry has built a name for itself
    globally for high quality labour in colored
    stones quality improvement, casting, moulding,
    gem setting (especially the pieces with intricate
    details).
  • According to the report titled Luxury Jewellery
    in Thailand, the luxury jewellery market in
    Thailand has recorded a high growth rate, with a
    record high sales value. This positive
    temperament of consumers for the luxury jewellery
    industry can be attributed to the

4
overall improvement in Thailands economy and the
efforts that the brands in the existing
market-sphere have put in. This market growth in
luxury jewellery has especially been supported by
the luxury fine jewellery where brands have
hosted exhibitions and showcases, strengthening
awareness about brands and thus managed to drive
consumer demand by piquing their interests. This
report covers the categories of the luxury fine
jewellery and luxury costume jewellery to provide
a gainful insight into the luxury jewellery
market by analyzing the shape and size of the
market, enabling identification of the sectors
that are driving the growth and a peek into the
competitive landscape of the Thai luxury
jewellery market with a focus on the leading
companies and brands operating in the market
along with their market shares and data of
distribution.
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By the end of 2015, the market was driven by
declining gold prices resulting in increased
number of Thai citizens spending to purchase gold
jewellery for gifts, investment purposes and for
self-consumption and while prices have been
observed to pick up in 2016, they have still been
on a downward trend. The competitive landscape in
Thai luxury jewellery market is very fragmented
due to a large number of independent jewellery
shops and the sale of unbranded jewellery. Fine
jewellery is expected to remain the major
purchase for events and various celebrations.
Changing fashion trends in Thailand and exposure
to global fashion trends are expected to fuel the
increase in purchase of costume jewellery.
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  • Key Topics Covered in the Report
  • Thailand Luxury Jewellery Market Research Report
  • Thailand Luxury Jewellery Industry Analysis
  • Thailand Luxury Jewellery Market Size
  • Thailand Luxury Jewellery Market Trends
  • Thailand Luxury Jewellery Retail Market
  • Thailand Luxury Jewellery Production Output
  • Thailand Imitation Jewellery Market Report
  • Thailand Luxury Jewellery Market Future Outlook
  • Thailand Luxury Jewellery Market Competition
  • Thailand Precious Jewellery Market Research
  • Thailand Precious Jewellery Market Competition
  • Asia Pacific Precious Jewellery Market
  • Thailand Imitation Jewellery Market Research

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Thailand Precious Stones Market Thailand Gold
Ornaments Market For further reading click on
the link below https//www.kenresearch.com/consum
er-products-and-retail/luxury-goods/luxury-jewelle
ry-thailand/116734-95.html Related
reports https//www.kenresearch.com/consumer-prod
ucts-and-retail/luxury-goods/global-pp-non-woven-f
abric/118806-95.html https//www.kenresearch.com/
consumer-products-and-retail/luxury-goods/global-p
p-non-woven-fabric/118808-95.html
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Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204
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