Over 80 percent of the global luxury fine jewellery market sold un-branded

According McKinsey & Company‘s latest report, over 80 percent of the global fine jewellery market (estimated at US$263 billion)  is sold annually unbranded, bought at a range of national retailers, mid-sized single-branch enterprises and small privately owned businesses.

While branded jewellery accounts for a mere 20 percent of the overall fine jewellery market, the segment has doubled since 2003 and is expected to comprise 30 to 40 percent of the fine jewellery market by 2020, according to McKinsey. “Some industry observers project that the ten largest houses will double their market share by 2020, primarily by acquiring local players,” continued the report.

Louis Vuitton Fine Jewellery Store