Gold & Diamond Jewelry Market in Saudi Arabia to Grow at 8% CAGR until 2022
Growing emphasis on exclusive and designer jewelry, changing lifestyle and increasing use of 3D printing to drive Saudi Arabia gold & diamond jewelry market through 2022
According
to a recently released TechSci Research report, “Saudi Arabia Gold & Diamond Jewelry Market By Type, By Distribution Channel, By Organized Vs. Unorganized, Competition
Forecast & Opportunities, 2012 – 2022”, the gold & diamond jewelry
market in Saudi Arabia is projected to cross $ 6 billion by 2022 on account of rising
per capita
disposable income, growing use of 3D
printing in jewelry, and aggressive marketing and promotional strategies by
industry players. Moreover, growing brand consciousness and inclination
towards western brands are resulting in the emergence of stylish &
exclusive designed jewelry in Saudi Arabia, which is expected to boost demand
for gold & diamond jewelry
in the country during forecast period.
Browse 4
market data Tables and 42 Figures spread through 80 Pages and an in-depth
TOC on "Saudi
Arabia Gold & Diamond Jewelry Market"
https://www.techsciresearch.com/report/saudi-arabia-gold-diamond-jewelry-market/1578.html
Leading
players in Saudi Arabia gold &
diamond jewelry market are offering jewelry keeping in mind fast-changing consumer preferences,
latest fashion trends, and rising interest of youth towards contemporary designs.
Damas, Malabar Gold & Diamonds, L’azurde
Company for Jewelry, Joyalukkas and Gitanjali Gems are some of the leading players in Saudi Arabia gold
& diamond jewelry market. In 2016, western region dominated the country’s
gold & diamond jewelry market as the region boasts presence of most of the leading market players along
with multiple exclusive showrooms and multi-branded retail outlets. The region is
anticipated to maintain its market dominance in the coming years as well.
Download Sample Report @ https://www.techsciresearch.com/report/saudi-arabia-gold-diamond-jewelry-market/1578.html
Customers can also request for 10% free customization on
this report.
“Saudi Arabia gold & diamond jewelry market is
expected to offer lucrative opportunities to industry players, owing to changing
consumer lifestyle, rapid urbanization and growth in organized retail &
e-commerce channels in the country. Also, some companies are offering
customized jewelry as per consumer choice, which is also gaining market
traction. All these factors are anticipated to bolster growth in Saudi Arabia
gold & diamond jewelry market in the coming years.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Saudi
Arabia Gold & Diamond Jewelry Market By Type, By Distribution
Channel, By Organized Vs. Unorganized, Competition Forecast &
Opportunities, 2012 – 2022” has evaluated the future
growth potential of Saudi Arabia gold & diamond jewelry market and provides
statistics and information on market structure, size, share and future growth.
The report is intended to provide cutting-edge market intelligence and help
decision makers to take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in the Saudi Arabia gold & diamond jewelry
market.
About TechSci Research
TechSci Research is a leading global market research firm
publishing premium market research reports. Serving 700 global clients with
more than 600 premium market research studies, TechSci Research is serving
clients across 11 different industrial verticals. TechSci Research specializes
in research based consulting assignments in high growth and emerging markets,
leading technologies and niche applications. Our workforce of more than 100
fulltime Analysts and Consultants employing innovative research solutions and
tracking global and country specific high growth markets helps TechSci clients
to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]