The U.K. remains one of the largest jewellery markets in the world, having spent over $9 billion to purchase jewellery from international manufacturers in 2015 – take your share of this $9 billion market opportunity.
Following 3 years of downward trend, the market is showing signs of recovery with jewellery imports increasing again since 2015, making the UK a stable opportunity to invest in.
Demand for watches has been going from strength to strength, enjoying 11% growth on average each year in the past 5 years, and now representing 20% of imports.
Mintel estimates that the jewellery market grew in 2015 by 1.2% to £4.1bn Mintel forecasts that the jewellery market will increase by 9% to £4.5bn by 2020.
The UK retail market offers lower risk expansion and access to a sophisticated consumer base.
The UK offers a diverse range of jewellery buyers including contemporary, fashion and gift retailers, department stores, mail order, internet, TV shopping channels, hotels and boutiques