Published on : Apr 14, 2017
Albany, New York, April 14, 2017: With the rising trend of online shopping, due to its several discount policies, availability of wide range of products and busy schedule of people, consumers are usually going for online mode to buy the products which they need. At present, availability of online jewelry store to buy an engagement ring is gaining huge importance around the world because here, the consumers will be able to find some of the best deals on the high end, full cut and certified diamonds. This has been analyzed by a new study, which is recently broadcasted to the massive archive of Market Research Hub (MRH), titled as “The U.S. Diamond Engagement Ring Market with Focus on Online Mode (2017-2021)”. This research report provides a detailed analysis of diamond engagement rings U.S. market size which includes analysis of the market by value, by share of players, by segments, etc.
The key highlights of the study estimate that U.S. Diamond Engagement Ring Market is expected to increase with steady growth rates during the forecast period. To explore the market future growth prospects, the report considers the five-year forecast period of 2017-2021, with a deep concern to the previous growth patterns, the growth drivers and the current and future trends. Key opportunities, factors that are and will be driving the growth of the industry are also outlined. Some of the major growth drivers are improving economic growth and increasing internet penetration in the U.S.
At first, the report presents a deep overview of the engagement ring market along with the market analysis of global as well as U.S. diamond Jewelry market. An engagement ring holds an important part in the marriage and to make it more valuable diamond engagement rings are preferred. Diamond rings are available in both online and offline mode. More and more people are choosing to take advantage of online jewelry stores when they are looking to buy an engagement ring. In the jewelry industry, this is particularly prevalent as customers look for unique items which can't be found in their local area. Also, one clear advantage to buying an engagement ring online is that an online jewelry store can offer a wide selection of rings.
There are various types of diamond rings available now like solitaires, Halo, Vintage, Three stone, Gemstone preset, Diamond sidestone, etc. From the past few years, trends such as stunning colored gemstones and fancy designed diamonds rings have all arisen stronger than ever.
The next section of the report highlights some of the major market dynamics. Key trends impacting the U.S. market are given below:
- Varying Demands by Region and Age Groups
- Presence on Social Media and Fashion Shows
- Omnichannel Approach
- Marketplace Fairness Act
Moving further, competitive landscape section is provided. In this segment of the report, business overview, financial overview and business strategies of the companies are provided. Major players in the market are:
- Signet Jewelry Limited
- Blue Nile Inc.
- James Allen
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