According to the research of Chinese jewelry market issued by the authority, women account for the largest share of the jewelry consumer market. The trade volumes from the world’s four major fashion capitals, Tokyo, Hong Kong and other cities are nearly $ 100 billion. In China the average per capita of women’s jewelry is less than 5%, while 68.2% in Tokyo, 48% in Singapore, 54% in Hong Kong, 68% in South Korea, and 68% in Thailand. The rapid development of domestic economy in China will lead to the prospect of women’s jewelry market.
Statistics indicate that the demand for women’s jewelry has been growing. In 2002 alone, global consumption of women's jewelry is over 80 billion Yuan. And experts predict that by 2005 the market share of women's jewelry in China will increase by 5% to 55% or more. China has a population of 1.3 billion people, and 600 million of them are women. So there is no doubt that the demand for women’s jewelry is prodigious.
Seeing the jewelry culture reaches a high degree of development and the jewelry market is expanding rapidly, there is considerable profit margin in jewelry sales. Woman is a creature like beauty by nature. When the consumption for living transfers to that for enjoyment, women elevate the pursuit of beauty and develop a good taste for fashion life. Then they love jewelry so much and enrich the types of jewelry beads they can have.
The total demand for jewelry beads in Chinese mainland is over 1.28 billion, and the population of women who have an obvious demand for jewelry has reached 5 million, ranging from 8 years old to 55 years old. Owing to such a large consumer group, the amount of annual demand for jewelry beads can achieve billions of dollars.
(Here are some pictures offered by Daning Jewelry, for more information please click here )
|