If you have plans to invest in the jewelry industry, this is the best time to make your move. The industry has defied all odds to grow on the backdrop of global demand for high-quality jewelry. In the U.S. for instance, Jewelry segment amounts to US$17,882m in 2018 with growth projection of 2% through to 2021.
A similar report indicates that the Global Online Jewelry Market will grow at a CAGR of 15.69% from 2018 through to 2022. Since the early civilization, jewelry has always been a part of society. Today, you can convert this desire for beauty into a constant stream of income.
Like with any other industry, investing in jewelry comes with a plethora of challenges. These include the high cost of raw materials, poor quality of some raw materials, stiff competition, huge capital requirements, among others. This article explores ideas, which can help you succeed in this highly competitive market.
https://www.dazzlingrock.com/blog/2018/11/takeaways-follow-while-investing-jewelry-industry/
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