Jewelry, watches and accessories market in Turkey witnessed robust growth in 2014 and sales in the product sector are expected to grow at a CAGR of 11.7% over the analysis period. Specialist retailers accounted for 78.1% of sales in 2014 while sales through online channel is also gaining momentum. The outlook for the jewelry, watches, and accessories market will remain positive over the forecast period. Easy payment options and the increasing use of certifications have increased the demand for branded jewelries in the country.
Key Findings
* Jewelry, watches and accessories accounts for a small share of the total retail sales in Turkey.
* Specialist retailers were the most preferred channel for customers, having accounted for 78.1% of jewelry, watches and accessories sales in 2014
* Easy payment options and the increasing use of certifications have increased the demand for branded jewelries in the country.
* Sales through online channel stood at 1.5% of the total sales in the sector in 2014 and are expected to reach 2.4% by 2019.
Full Report Details at
- http://www.fastmr.com/prod/1057505_jewelry_watches_accessories.aspx?afid=302
Synopsis
"Jewelry, Watches and Accessories Retailing in Turkey - Market Summary and Forecasts" " is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2019
What else does this report offer?
* A thorough analysis of consumer trends changing economic and population factors
* Both qualitative and quantitative insights and analysis of the shifting jewelry, watches and accessories retail dynamics from 2009 to 2019
* Sales of jewelry, watches and accessories through the following channels from 2009 to 2019: Clothing, footwear, accessories and luxury goods specialists; department stores; other specialist retailers; online; hypermarkets, supermarkets and hard-discounters; other general and non-specialist direct retailers; duty free retailers
* An overview of key jewelry, watches and accessories retailers operating across Turkey and their presence across distribution channels
Reasons to Get this Report
* Gain a comprehensive knowledge on jewelry, watches and accessories sector in the Turkish retail market and develop a competitive advantage from the start of your supply chain
* Investigate current and forecast behaviour trends in jewelry, watches and accessories category to identify the best opportunities to exploit
* Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior
* Understand the fastest growing categories including jewelry, watches and accessories, with insights on performance across key channels from 2009, with forecasts until 2019
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"Jewelry, Watches and Accessories Retailing in Turkey" is now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001