Market Share of Brazil Jewelry Industry
The Brazilian jewelry industry is one of the fast-growing consumer goods industries, with an increasing number of players bringing innovative products to retail shelves. With the growing preference for branded products among consumers, the importance of retailers carrying branded gems and jewelry has increased. Owing to their tailor-made approach and customized and specific products, the demand for jewelry has prompted sales in specialty stores nationwide. The top players in the Brazilian jewelry market include Jóias Vivara, H Stern Jewelers Inc., Pandora AS, LVMH Moet Hennessy Louis Vuitton, and Compagnie Financiere Richemont SA. Brazilian. Consumers are more concerned about the quality of the material (metal and gemstones) used. Key players adopt various strategies to gain consumer trust and interest. For instance, Tiffany & Co. tracks the source of diamonds from where they are mined as raw stones. All the raw stones undergo the Kimberly Process Certification.
Brazil Jewelry Market Leaders
Jóias Vivara
H Stern Jewelers Inc.
Pandora AS
LVMH Moet Hennessy Louis Vuitton
Compagnie Financiere Richemont SA
*Disclaimer: Major Players sorted in no particular order
